Comments on: World Markets Tumble On Wall Street Crisis

Lehman Brothers Bankruptcy Prompts Huge Cash Infusion By EU, UK Central Banks

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by jmurrieta11 September 15, 2008 5:15 PM EDT
"In an interview with Bloomberg Television Friday, Greenspan said the nation could not afford 3.3 trillion dollars of tax cuts proposed by McCain without matching cuts in spending.

Greenspan, a long-time friend of McCain and a Republican, said about the Arizona senator''s plans to extend massive tax cuts imposed by President George W. Bush: "I''m not in favor of financing tax cuts with borrowed money."
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by bobnjersey September 15, 2008 4:44 PM EDT
[I like it when people resort to insults and name calling in order to make a point. It gets the question of their IQ out of the way right from the start.]
[Posted by TheVicar1 at 01:08 PM : Sep 15, 2008]

or they''re just trying to find the appropriate level they need to be at in order to communicate their view.
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by bobnjersey September 15, 2008 4:34 PM EDT
[VOTE REPUBLICAN and save us from the mess the socialist commie democrats have gotten ue into !!!!!!!!!!!!!!!!!!!!1111]
[Posted by magoo2u1 at 09:50 AM : Sep 15, 2008]

the ignorance is staggering ... but this is mr. magoo ... maybe he just needs to clean his glasses.
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by lochlan-2009 September 15, 2008 4:15 PM EDT
I like it when people resort to insults and name calling in order to make a point. It gets the question of their IQ out of the way right from the start.

Posted by TheVicar1


I see your point, with your insult and name calling on peoples IQ. Don''t be so hard on yourself, though.
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by thevicar1 September 15, 2008 4:08 PM EDT
Do you know who spearheaded the law
changes that let them join the game?
Hint - his name is Phil Gramm - A REPUBLICAN!! While
you have the right to be an IDIOT, you have NO obligation to exercise this right -------------------------------------------------- Posted by cbs3200


I like it when people resort to insults and name calling in order to make a point. It gets the question of their IQ out of the way right from the start.
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by thevicar1 September 15, 2008 4:05 PM EDT
Happens everytime a republican steals the oval office only because they skipped math class in school ---------------------------------------- Posted by rharrin1


Can you be so sure that Barry Obama got any math during all those years of Islamic Studies in Indonesia???
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by bobnjersey September 15, 2008 3:57 PM EDT
[People leave the Lehman Brothers headquarters on 7th Ave. in New York City carrying personal belongings as they clear their offices, Sept. 14, 2008 after hearing the news that Lehman Brothers may be forced to seek an orderly unwinding of its businesses.]

which is one of many bellwethers of the unwinding of our economy ... and not likely to be all that orderly.

but phil graham says it''s a ''mental recession'' ... so there''s really no need to worry ... just imagine it all being fine.
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by cruzn66 September 15, 2008 3:44 PM EDT
What''s coming???? More corporate bailouts at Taxpayer expense, but, hey, what can a good Republican do but bail out a friend in need!!!
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by lochlan-2009 September 15, 2008 3:35 PM EDT
"Lehman Brothers Bankruptcy Prompts Huge Cash Infusion By EU, UK Central Banks"

Well, this will devalue their currency at the expense of a gain in ours.

Does anyone on these sights have any intellect at all? I don''t hear a single person pointing out how rigged and manipulated these markets are for the rich, and the profit zones created by multiple governments for them, so to easily cash in at the cost of Joe Smith (now being called Main St.). The government switch the rules to the new game the corporations want to play, and the media scare the masses in the desired direction for the profit of the oligarchy.

So it turns out speculation WAS the cause for huge inflation in energy prices this last year, and the car companies took it on the chin. No law suits, no compensation, just big losses to allow their stock to be cheap. What do you think is coming the auto companies way these next 8 years?

Americans really are ignorant.
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by cruzn66 September 15, 2008 2:57 PM EDT
Gee, the concept of smaller government, meaning less oversight of Big Business, doesn''t seem like its working out so well! Go figure, Greed only knows how to limit its oversight, not how to control itself for the common good. I hope all of those in favor of smaller government are happy with the results. It doesn''t matter what amount of taxes you pay when you don''t have a job or property to worry about. I guess the ultimate answer is that all the fat cats who don''t want to pay their fair share in taxes will donate the extra money to all of us who are hurting economically for their benefit!
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by tpraskac September 15, 2008 2:43 PM EDT
IF BUSH WAS ON THE TITANIC HE WOULD HAVE SAID: NO NEED TO WORRY,THE SHIP WILL CORRECT ITSELF
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by tpraskac September 15, 2008 2:38 PM EDT
Need to start over from Day 1. Screw it all.
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by antoniof123 September 15, 2008 2:36 PM EDT
"Looks like the economy does not like the Democrats to control congress, the economy was doing fine until the Democrats took over.

Posted by cbk16 at 09:53 AM : Sep 15, 2008"

This is by far the dumbest thing I read in a while. This is the product of 12 years of GOP controled or should I say lack of control congress. They let the administration get away with anything it wanted and now we the American people have to pay the price.

Want to bet what Carl Rove said about McCain comes to haunt him. I think his exact words were he went over the top "on mudslinging mine" but the end results is the same the American people have had enough of swift boating.

The GOP legacy Swiftboating will go down in history.
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by tpraskac September 15, 2008 2:35 PM EDT
What goes around comes around you GREEDY ***
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by petro49l September 15, 2008 2:00 PM EDT
U.S. Oil Companies must lose the Saudis. Central and South America is the place. The Dow needs cheap fuel to run the American economy. Why become embroiled in George W. Bush''s little war?
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by jab232 September 15, 2008 1:53 PM EDT
The CEO of Lehman got a 20 million dollar bonus in 2007. What happened to your wages and 401K''s? Folks, we''re being took. John McCain said just this morning (September 15) that the fundamentals of the economy are sound. And they are sound for the rich like John McCain. But what about for the rest of us? McCain-Palin is just Bush-Cheney warmed over except that Cheney is more qualified to become president if he has to.
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by marshall65 September 15, 2008 1:52 PM EDT
Bush''s answer for the economic slowdown 2001-2002 was to go out and spend. With what? Max''d out credit cards? Houses got bigger, mortgages swelled but a big chunk of the population jumped on the spending bandwagon. The credit purse strings loosened, rules dropped by the wayside and anyone with a sense of frugality could see the whole ship slipping into the drink. ''There''s nothing wrong with a deficit'' said one of our enlightened leaders. Really? Now we have to dig our way out and hope that once all of the bubbles have burst, we''ll return to some semblance of economic sanity. Back to Bush''s buy buy buy philosophy, when it gets down to brass tacks, the decisions that got us to this point are ours. Bush and Congress, whoever controlled it can not be held accountable for our own foolish mistakes.
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by hotpaulie September 15, 2008 1:41 PM EDT
legacyABQ - I agree with you 100%!!!
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by ncvoter2 September 15, 2008 1:28 PM EDT
all i have to say is "what goes around, comes around." screw ''em.
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by rockpeterson September 15, 2008 1:27 PM EDT
You can''t make any money whatsoever in the stock market these days. There are too many people in finance who don''t know what they are doing. They give out loans to home buyers who can''t possibly pay them back. What a joke!!!
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