Comments on: Wall Street Surges After Fed Decision

Dow Soars 330 Points After Central Bank Leaves Interest Rates Unchanged

by marshall_nee August 5, 2008 9:51 PM EDT
Posted by whitemale08 at 06:41 PM : Aug 05, 2008

Best bet would be Russia because they have been through collapse before I suppose. Failing that a Socialist -- I can''t believe I''m typing this -- Country.
Heres a detailed explanation:

http://www.energybulletin.net/node/23259
Reply to this comment
by whitemale08 August 5, 2008 9:41 PM EDT
Where too? this is Global? At least you can still have guns in the USA.


--------------------------------------------------------------------------------

Posted by Marshall_Nee at 06:18 PM : Aug 05, 2008--

you''re right, I don''t have an answer for you. I just think that the chaos over here might be worse because the population is mostly baby-boomers and their children and have no idea in how to deal with what''s coming.
Reply to this comment
by daysrnumbrd August 5, 2008 9:26 PM EDT
The market could have easily handled at least a 1/4 point rate increase. Even 1/2 would have been feasible.
Reply to this comment
by marshall_nee August 5, 2008 9:20 PM EDT
Duh! I meant to not too.
Reply to this comment
by marshall_nee August 5, 2008 9:18 PM EDT
LEAVE THE COUNTRY !!!!!!!!!

Posted by whitemale08 at 06:15 PM : Aug 05, 2008

Where too? this is Global? At least you can still have guns in the USA.
Reply to this comment
by whitemale08 August 5, 2008 9:16 PM EDT
LEAVE THE COUNTRY WHILE YOU STILL CAN !!!!!!!!

(seriously, leave)
Reply to this comment
by whitemale08 August 5, 2008 9:15 PM EDT
LEAVE THE COUNTRY !!!!!!!!!
Reply to this comment
by whitemale08 August 5, 2008 9:14 PM EDT
LEAVE THE COUNTRY !!!!!!!!!!
Reply to this comment
by bobnjersey August 5, 2008 9:02 PM EDT
the surge is working ... even on wall street!
Reply to this comment
by iphyt4u August 5, 2008 8:42 PM EDT
We have a lot more foreclosurers in front of us. Consequently, the financial sector will be crushed. Jobs continue to be eliminated.Something just doesn''t seem right here. Look for a tremendous crash in September or October.
Reply to this comment
by wl7bzh August 5, 2008 7:41 PM EDT
The economy is pretty much dead-the Fed is just keeping the corpse on artificial life support so that financial big shots and politicians can harvest the organs.

Translation:

1. make your finances secure as possible.
2. Get a job skill that will guarantee an income in tough times.
Reply to this comment
by vastr-wcon August 5, 2008 7:26 PM EDT

/
The continued failure of Bailout Bernanke and the Feckless Fed to raise interest rates to protect consumes from continuing inflation is a national disgrace. No wonder Wall Street continue to rally in the face of the catastrophe gripping Main Street. Investors can''t lose, but consumers are getting the shaft.

/
Reply to this comment

Exclusive Webshow

Mike Huckabee on GOP "rock stars," 2012, health care reform and more. Watch Now

  • MOST POPULAR
Discussed
  1. Obama, GOP Clash over cure for Economy

    (324 recent comments)

Latest News
News in Pictures
Scroll Left Scroll Right
Connect with CBS News

Stay connected with the CBS News using your favorite social networks and online news applications: