Comments on: World Markets Plummet Despite Bailout

Investors Stay Scared As Europe Shows Lack Of Unified Response, U.S. Economy Keeps Souring

Add a Comment See all 217 Comments
by shovethis1 October 6, 2008 1:12 PM EDT
I would like to personally thank Senator John McCain and Phil Gram for rewriting the banking laws deregulating the banking industry in 1998! Thanks Guys! Heck of Job! You Betcha! Lets keep this economic downturn going by electing John McCain. Secretary of the Treasury, Phil Gram! welcome to the New Great Depresion! Don''t you Love IT!
Reply to this comment
by rjs1955 October 6, 2008 1:07 PM EDT
willymac4

Reason 6 on my list. It was still a republican holding the reins, and his people running the Treasury and the Fed. Basically appointees running hte day-to-day of the cointry''s finances, Einstein....
Reply to this comment
by oscarez October 6, 2008 1:06 PM EDT
"a man withou credentials who has done mothing to merit the office of President."

willymack4 the word is "without", surly you must be talking about John McCain and George Bush.

Reply to this comment
by willymack October 6, 2008 1:04 PM EDT
Sorry I can not stay longer today to help educate dummiecrats. I have to go to the bank and deposit a lot of money, and then go see my broker and buy a lot of those rediculously low priced stocks in American companies. Shush.....don''t tell the democrats what all us rich republicans are doing! Bye!
Reply to this comment
by willymack October 6, 2008 1:01 PM EDT
Posted by rjs1955 at 0

When you finish babbling just tell us why more democrats voted for the bail out than republicans. Now you have your answer. Put the rest back on the Obam web site.
Reply to this comment
by willymack October 6, 2008 12:58 PM EDT
mel130nyc at 09:4

I have never accused anyone on this site of being a racists although I have posted speeches by Barack and Michell Obama that lean heavily towards them being racially biased. I have been accused of being a racisist many times on this site because I post facts that democrats refuse to accept because they damage their immage of a man withou credentials who has done mothing to merit the office of President.
Reply to this comment
by omega40 October 6, 2008 12:58 PM EDT

Monday, October 06, 2008

The Rasmussen Reports daily Presidential Tracking Poll for Monday shows Barack Obama attracting 52% of the vote while John McCain earns 44%. This is the highest level of support ever recorded for Obama and is his largest lead of the year. It also continues a remarkable twenty-five days in a row where the Democrat%u2019s support has never declined by even a single point. The Democratic candidate has gained six full percentage points of support since Lehman Brothers collapsed to start the Wall Street mess (see trends).
Reply to this comment
by rjs1955 October 6, 2008 12:56 PM EDT
1. How much have you heard of Bush%u2019s religiousness since he was re-elected in 2004? Barely a word, because he doesn%u2019t need it anymore for re-election. He is no more religious than the man-in-the-moon%u2026 never was, never will be, you sap-headed evangelical voters.
2. Do not think that the unemployment numbers being as bad now as after 9/11 is coincidence.
3. Bush/Cheney & Co. have sucked us as dry as possible by lowering taxes (as bait to go along), but then lowering earnings expectations by a much bigger margin to save business interests.
4. This way has continued to line the pockets of big business and the financial industry at our expense. Look at oil profits, Dubya/Darth%u2019s pet industry%u2026.
5. Bush/Cheney & Co. couldn%u2019t get any more from us by the methods that have worked since 2001, so they went the route which they have scared America into now%u2026 $700 billion to make YOU and ME pay for untold numbers of bad investments to keep the pockets lined in the business world. Meanwhile, WE the public will buy the toxic assets, and still let THEM decide what to do with them.
6. The public will never see a dime of return on any of the so-called toxic assets, ever%u2026. If you believe any word of the bailout plan, you need a shrink. Dems and Repubs were herded in by this horse-man-ure, not coincidentally just before an election. This bailout plan would never have passed except late in an election year and Dubya/Darth knew it.
Reply to this comment
by willymack October 6, 2008 12:54 PM EDT
Posted by sincityq at 09

Agreed, but at some point the nausa of listening to democrats draws us down to their level and we fight back just to let Americans know there is another side of the story to consider.
Reply to this comment
by willymack October 6, 2008 12:51 PM EDT
willymack4 - McCain says you can stop now he is not going to pay you any longer. He says your adds are not working.

Posted by Oscarez at

They work with people who can read and write. Did you mean "adds" as in computation or advertisments as in advertising. Perhaps I should write this in Spanish.
Reply to this comment
by trillion1 October 6, 2008 12:50 PM EDT
The rest of the world sees what most American''s see. This bailout was a ripoff to reward the greedy.
Reply to this comment
by ethiopia93 October 6, 2008 12:49 PM EDT
How is it that ANYONE...whether on Wall Street, the press, financial advisors or the folks on Main Street...missed one coming? Ten years ago, as a network producer, I tried to get my network to start looking at this story. The economy was clearly out of control. I, myself, paid nearly half a million dollars for less than 700 sq ft of living space. When I suggested to my network that Greenspan was managing to keep a faultering economy afloat through magical manipulation I was told I was crazy. ''Span was the Man! Everyone, including Main Street, was flying high on credit and manic market prices and didn''t want to do what was necessary to level the economy out to a more stablemood. Well, the mania pendulum is about to swing to the depressive side and it doesn''t look like any "drug" known to the government or free market is going to be able to level us out for a long time. As for me, despite cries that I was insane, 5 years ago I decided that Nurse Rachet, my financial advisor and all my friends and wsork colleagues, were the loonies running the asylum, and I sold my home and all my stocks. Look who''s crazy now.
Reply to this comment
by toobigtofail October 6, 2008 12:49 PM EDT
we are paying the price for over deregulation gone wild!

the democrats are more likely than the republicans to bring back regulation of the wall street banksters, because they are more likely to re-regulate the investment banking system.

what we need are moderate republicans to remain part of the conversation to moderate this process so a ballance is achieved.

too much regulation is as bad as too litte.

people who are absolutists got us into this mess

bush (and john McCain) both stated in the past that they were always in favor of less regulation.
Reply to this comment
by willymack October 6, 2008 12:47 PM EDT
I thank you for the early morning laugh!

I don''''t have a real gun, but I do have a working musket, does that count?

Yes, just put a serious look on your face and point it at them. It will scare the poop out of them. That is why delivery men and sheriffs wear brown trousers.
Reply to this comment
by omega40 October 6, 2008 12:47 PM EDT
want to know who wrote and got the $150 billion sweeters in earmarks added to the bill!!!

Posted by mel130nyc

Dutifully, the Senate tucked into its version of the bailout bill a provision repealing a 39 cent excise tax on wooden arrows made for children. This relief for the beleaguered wooden arrows industry was included on behalf of Senators Ron Wyden and Gordon Smith, Democrat and Republican respectively, of Oregon to benefit arrow manufacturers in their state.
Reply to this comment
by incog-nito October 6, 2008 12:47 PM EDT
Nothing will save the U.S. economy as long as jobs keep getting shipped overseas, replaced by low-pay administrative and service jobs, if people can find them. That''s the bottom line.
Reply to this comment
by oscarez October 6, 2008 12:46 PM EDT
willymack4 - McCain says you can stop now he is not going to pay you any longer. He says your adds are not working.
Reply to this comment
by gop_will_win October 6, 2008 12:45 PM EDT
I don''''t have a real gun, but I do have a working musket, does that count?


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

Posted by yeswecan09
========================
Even in Civ4, you still dont last.
Reply to this comment
by gop_will_win October 6, 2008 12:44 PM EDT
Even funnier you would put your social security with them.


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

Posted by brianbwb
=============
How so?
Reply to this comment
by willymack October 6, 2008 12:44 PM EDT
brianbwb at 09

You don''''t know what a house flipper is, but make assessments on the state of the US economy?

Congratulations. You finally got something right.
Most Democrats think a house flipper is a porpoise with a crane.
Reply to this comment
See all 217 Comments

Exclusive Webshow

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

Latest News
News in Pictures
Scroll Left Scroll Right
  • Adam Lambert Adam Lambert

    The "Idol" Finalist Gets a Reputation for Pushing the Envelope

  • Scenes from the State Dinner Scenes from the State Dinner

    A Look Inside the President's Gala Honoring the Prime Minister of India

  • Obamas' First State Dinner Obamas' First State Dinner

    See the Guests as they Arrive at the White House for a State Dinner Honoring India's Leader

  • Day in Pictures Day in Pictures

    A Glimpse at the Day's News as Seen Through a Camera Lens

  • Celebrity Circuit Celebrity Circuit

    Zac Efron, Claire Danes & Matt Dillon at Premiere; Plus, Stephen Colbert & Lauren Conrad

  • Great Green Gifts Great Green Gifts

    Eight Great Green Gifts to Keep the Holidays Environamentally Friendly This Year

Connect with CBS News

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