Comments on: Stocks Plunge Amid Market Pessimism

Dow Falls About 350 As Unemployment Rises, Factory Demand Falls; Bailout Wariness Persists

[talk2chief]

It is time for Economic Darwinism.

Congress needs to decide if it represents the people or the dysfunctional corporate elites who deserve failure. Forget the failing operations that currently affect 401K''s, other well managed banks and financial institutions will lead, forget the lobby dollars and do the right thing and reject the spending bill. Send a clear message to the top 1% of Americans, %u201CIf you fail, the taxpayer will no longer bail you out.%u201D

[livewire190]

Everybody check out "What Jack Carrferty Really Thinks Of Sarah Palin" on youtube. A Must See! Funny Stuff!!!

I think I spelled his name right. Mabey not.

[incog-nito]

Oh well. The American dream is probably overrated anyway.

[stee1962]

ShannonJane6 wrote:
"How may houses do i have, the class envy facre the liberals use when their losing", "OBAMA the "SOCIALIST" in 08 for the 2nd CARTER TERM!!!", etc.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Put a sock in it, sister.
The GOP has had their turn at bat.

[livewire190]

McCain hates you unless you are rich. FACTS:

1. McCain%u2019s economic plan gives Big Oil a $4 billion tax break while 101 million working families get no relief at all. Source: Tax Policy Center, Preliminary Analysis Of The 2008 Presidential Candidates%u2019 Tax Plan, 6/20/08; Center for American Progress Action Fund, 3/27/08

2. John McCain supports tax breaks for companies that send American jobs overseas. This year, we%u2019ve lost more than 600,000 American jobs to outsourcing. Source: John McCain 2008, %u201CJobs for America,%u201D; %u201CThe McCain Budget Plan,%u201D Washington Post, 7/14/08; USA Today, 3/20/08 Vote 63, 3/17/05; Vote 83, 5/5/04; Vote 517, 10/26/95

3. John McCain will continue George Bush%u2019s tax cuts for the wealthiest Americans while the middle class struggles with stagnant wages and rising prices. Source: MSNBC/FAU GOP Debate, 1/24/2008



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Posted by azure11 at 05:54 PM : Oct 02, 2008

dont foget he said he considers anyone making $5 million and up are considerd rich.

[Harvybing]

OUR BAIL OUT CRISIS WAS CAUSED BY A HANDFUL OF CORRUPT CONGRESSMEN AND A HANDFUL OF EQUALLY CORRUPT FANNIE MAE OFFICIALS. THEY BOUGHT UP $ 7 TRILLION IN BAD DEBT IN ORDER TO PAD THE BOOKS AND COLLECT HUGE SALARY BONUSES.

HERE ARE THREE VIDEOS THOSE CORRUPT FANNIE MAE OFFICIALS & AT LEAST FIVE CORRUPT GOVERNMENT OFFICIALS DON''T WANT THE AMERICAN PEOPLE TO SEE:

http://www.youtube.com/user/TheMouthPeace


http://www.youtube.com/watch?v=_MGT_cSi7Rs


http://www.youtube.com/watch?v=q2WKtp01yOw


Do Your Part And Pass These Videos Along To Everyone You Know

[marshall_nee]

You can''''t have no money coming in, and a whole buncha money going out. Right? Thats a magic act or something..

Posted by donnie7948 at 05:42 PM : Oct 02, 2008

Ponzi act.

[tmittelstaed]

For the vast majority of Americans, personal credit has only TWO legitimate uses:

a) To purchase a home that is their primary residence

b) For a sudden, unexpected, and necessary expense that isn''t going to reoccur, and is within the ability of the person to pay back within 2 years

For EVERYTHING ELSE people must SAVE their money until they can buy what they want.

HERE is what Americans have ABUSED credit for:

a) flipping homes
b) paying utility bills
c) "treating" themselves to some luxury they would never buy if they had to save up the money
d) buying jewelry
e) buying non-essential items
f) Buying new cars instead of a used car that is just as reliable but costs a tenth of the price
g) paying for gasoline
h) buying food
i) Paying enormous medical bills that they have no insurance for and that will never be able to repay

BUSINESS credit is a different matter - but abuse of business credit by businesses didn''t cause this meltdown.

It would be a very GOOD thing for people in the country to be weaned off abuse of credit

[marshall_nee]

Where''''s the money coming from, fer all these wars and stuff?

Posted by donnie7948 at 05:40 PM : Oct 02, 2008

Outta thin air probably, and created by the Fed.

[marshall_nee]

What kind of a business school teaches its students to exessively spend and not raise taxes?

Posted by donnie7948 at 05:39 PM : Oct 02, 2008

Harvard.

[walt1944-2009]

I have always suspected that the neocon Fascist Nazi Republican grand scheme of things was to march our country BACKWARD to the days of the horse & buggy for transportation, hunting and farming for our suppers, and using a barter economy instead of worthless paper.

To them, there is only a 2 class society with the "haves" and have-nots" and the "have-nots" are in the majority.

The danger of that is, as history has shown time and again, you can only push the "have-nots" so far, before they start pushing back and that push back is called REVOLUTION.

If I remember right, that''s the way this country was founded back in 1776!

SIG HEIL, I SLEPT THRU HISTORY!, BUSH!!!
sig heil, I REMEMBER 1776 BECAUSE I WAS THERE!!!, McBush!!!
sig heil, MY "FIRST DUDE" WILL TAKE CARE OF EVERYTHING!, Palin!!!

[marshall_nee]

Time to withdraw money out from banks is now, let''''s learn the lessons from 1929''''s.

Posted by niceface69 at 05:36 PM : Oct 02, 2008

We already are, if you go on whats happened with Washington Mutual and Whackovia.

[legacyabq]

I got news for you Shannon Jane,o your a victim of propaganda. Obama is no Carter.
And those steel mills you complain about?
The EPA is not to blame. The corporations of america moved manufacturing jobs OVERSEAS to make more money.
Obama wants those jobs BACK in USA.
You should be praising him!
What the hell is this 3 trillion dollar tax increase your talking about? Where do you get this?
You are sounding pretty brainwashed: have you considered the possibility that you are just a parrot, spouting propaganda that rush limbaugh came up with?
Do you really think domestic drilling will solve anything long term? first, theres really not that much oil to drill. second, it will run out eventually anyway. New economic growth based on new energy and technology will be a dependable, clean source of good-paying jobs for many years. Whats wrong with that?
Are you perhaps just a racist, or perhaps a mcCarthyesque paranoic, who thinks that democrats are socialists? theres no reason to think that way. Your just a clone, a non-thinking robot who doesnt understand reality. Or would you rather load coal and die of pneumonia/black-lung, for your stupid "steel mill".
I dont understand people like you. Why do you like acid rain? Dont your kids live on this planet?
Why would you NOT want a secure energy economy, based on U.S. ingenuity, not foreign oil? Do you love oil so much? Do you cry for it? Are you sad for oil?

[joefoolswat]

We''ve got to stay the course with McCain!

He''s the only one who can complete Bush''s vision for the future of America!

[gwjackie]

THE 700 BILLION BUSH ASK FOR THAT

[rcgreene1]

Netadmin1 says: %u201Ctell you what - you guys sell your stocks - other''s will buy them and laugh when the market comes back up - and make no mistake about it - it will come back up.%u201D This is true and it shows the strength of the current brokerage system for those who can afford to lose a lot of money waiting for the system to revive. It also points out one of the truly nasty flaws of the system %u2013 ME FIRST %u2013 MAKE A PROFIT FROM THE DISADVANTAGED. And of course the rich %u2013 those with seriously good credit and even borrow the money to buy up falling stock and pay it back when the market revives. The Wall Street / Financial System is really, really dirty bad. Worse yet, we really are so entrenched in the system that we have to bail it out, because the Wall Street machos can afford hibernate for awhile as all the working Joes and Janes lose their jobs, small businesses, and hopes for the future.

We as a nation of practical but concerned human beings can%u2019t simply let the system die, even if it means helping those who should be sacrificing to help us. I just hope Congress can eventually close down the short-selling and hedge market schemes and prosecute the offenders!

[incog-nito]

You know, the Senators who voted against the bill, did they do it on principle? Or are they holding out for more pork? Hmmm...

[staplesla]

It isn''t too late. Let your voice be heard!

Call your Congress member at [phone], and send an email here at www.votenobailout.org.

Contact the media as well. Flood them with emails. The media will hopefully start reporting the sentiment and it could have a change.

email addresses:
[e-mail],
[e-mail],
[e-mail],
[e-mail],
[e-mail],
[e-mail],
[e-mail],
[e-mail],
[e-mail],
[e-mail],
[e-mail],
[e-mail],
[e-mail],


http://www.cnn.com/feedback/cnntv

[gwjackie]

TURN THESE PEPOLE OVER TO ALL THESE COUNTRY,S THAT LOST THERE MONEY ALL THE CEO,S PEOPLE ON WALL-STREET AND BUSH AND CHENEY TOO IF YOU CAN CATCH THEM!

[samthetvcat]

---"If corporations hadn''t moved manufacturing overseas, then money spent for goods would stay here in the U.S., and american workers would be getting the wage to make those goods. Sure, its a little cheaper to manufacture goods in china, but at what long-term cost to the economy??"---
Posted by LegacyABQ

Yeah, all the experts went to school back before the economy went global, so all the lessons learned from the 80''s and 90''s are obsolete. Trickle down and trickle up all trickle out - some of it trickles back, but the money flow is global now. Time to update the model!