Comments on: Wall Street Ends Wild Ride Down 370 Points

$700B Bailout Fails To Ease Worries As Dow Plunges 800 Points Before Recovering Somewhat

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by drinuk October 7, 2008 3:08 AM EDT
Go get the Posse, we need to round up these Bank Robbers !

Anyone seen CHENEY ???
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by gwjackie October 7, 2008 3:04 AM EDT
if waxman said no lets kick his *** out no matter dem or rep.
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by gwjackie October 7, 2008 3:01 AM EDT
IF ONE OF THE PEOPLE THAT TORTURED ME FOR FIVE YEARS CAME AROUND I DO NOT THINK I WOULD HUG HIM. MABY WANT TO TORTURE HIM BUT HUG HIM HELL NO. I THINK THAT MACAIN TOLD EVERYTHING HE NEW AND MABY GOT A LOT OF OUR PEOPLE KILLED ON THE INFO THAT HE GAVE THEM.
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by staplesla October 7, 2008 2:47 AM EDT
Interesting comment by former Secretary of Labor Robert Reich yesterday. He noted that in 1980 the top 1 percent of U.S. earners took home just 8 percent of the total earning of the nation and today the top 1 percent took home 20 percent of the total U.S. earnings. The last time the top 1 percent took home 20 percent was 1928.

Maybe Cramer has a reason for his comments - http://uk.youtube.com/watch?v=uoSLVCEGKko
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by staplesla October 7, 2008 2:40 AM EDT
We won''t. The republican congressman today during the hearings tried to raise that very question about Fannie & Freddie but Waxman (Democratic chairman of the committee) said no.
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by talk2chief October 7, 2008 2:07 AM EDT
When are we going to have hearings on Fannie Mae and Freddie Mac''''s role in the financial crisis?

Contact your congressman and demand a hearing. Let''''s see which politicians really represent the American taxpayer and the middle class.
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by gwjackie October 7, 2008 2:06 AM EDT
The Democrats put this in place 70yrs ago and the Republican have been trying to tear it down ever since and i think they have got the job done now.
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by jcalma1 October 7, 2008 12:29 AM EDT
The failure of an economy is a failure of the system, and not solely attributable to the presidency. America''s economy is so huge, no one person can cause such incomprehensible damage that we are now seeing. Even Bin Laden failed to make 9/11 the death torch in destroying our economy. Surprisingly, most Americans fail to look at the other three suspects. First, the Democratic-controlled congress, under whose watch the sub-prime housing loans proliferated. Second, the stupid investment banks, whose basic knowledge of economics was overruled by their own personal greed. And third, the consumer who lacked the common sense to understand that you should not buy what you cannot afford.

The tendency to blame the current administration is common reaction, and the Obama camp is profiting from it. My advise to those who think that Obama is their saviour,is GET REAL! Get to know the real Obama, and ask yourself if you know him well enough. Who were his closest friends? What has he accomplished?

There should be checks and balances in our government. An Obama win will make the democratic-controlled congress a rubber-stamp congress, which is exactly what happened in Dubya%u2019s first term. So, if Americans want more of the same failures in government, then go ahead and elect Obama. Don%u2019t be fooled by charm and sweet promises. Dubya had the same qualities that made him get elected in the first place. Vote wisely, like it is your last.
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by voidmaster-2009 October 6, 2008 11:39 PM EDT
Like our dipchitt employees in Congress did not know that the piece of krap they voted for would not actually do a bit of good. They were trying to save their own investments.

Vote out all of them who defied you and voted for this bailout.
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by benice6 October 6, 2008 11:35 PM EDT
ALL TOGETHER EVERYBODY,...

LET''''S All HUM THE TUNE TO ''''THE WALTONS.''''



YES SIR,..IT''''S ABOUT TO BE THE 1930''''S ALL OVER AGAIN.

I JUST GOT LAID-OFF ATER 13 YEARS AT THE SAME PLANT. MY UNCLE,..ONLY TWO MONTHS FROM RETIREMENT WILL HAVE TO QUIT BY THE END OF THIS MONTH.
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by txgrouch2006 October 6, 2008 11:33 PM EDT
Perhaps the markets are reacting to Paulson''''s announcement that he is hiring a former Goldman-Sachs exec to oversee the bailout program.
Posted by MarkinGA7 at 08:08 PM : Oct 06, 2008

I don''t remember voting for that. Do you?

When did our government lose ALL sense of accountability to the people?

Come November, I intend to REMIND THEM.
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by scorpio59er October 6, 2008 11:26 PM EDT
Hey, Mister! Can we have our $700bn back?
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by markinga7 October 6, 2008 11:23 PM EDT
"Socialism and the Government pressing banks to give low-income high risk loans sure helped break America''''s back."

If you think what is going on is socialism then you have not read Marx. As for loans to the poor being the problem - you have not read the news for the past 30 years. Neoconservative deregulation and globalization have led to the sell out of the American economy to the highest bidders. Just do an inventory of all the non-perishable goods you have bought over the past few months. Whatever is not made in the U.S. represents money you send overseas. You have been sold out by your neocon leaders. Be honest and admit it to yourself and then try to figure out what to do about it. When you finally get to that point I''ll be glad to jump back into the discussion.


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by markinga7 October 6, 2008 11:08 PM EDT
Perhaps the markets are reacting to Paulson''s announcement that he is hiring a former Goldman-Sachs exec to oversee the bailout program. While he is at it why doesnt he hire a fox to look after the hen house? Taxpeyers - we are scr*wed.
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by zollner2 October 6, 2008 11:06 PM EDT
cut and paste to ebay search bar --------------- 290263877478
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by lewiston14 October 6, 2008 11:02 PM EDT
maybe next time stupid americans vote on substance and issues, rather than hype, TV image and smears.

Posted by tapsettle

Tap: The trick is to get any of them to talk about substance and issues and we really dont vote here. Im sure the election is all ready decided. They just go through the motions to humor us.
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by republic1776 October 6, 2008 10:57 PM EDT
Thank Unions for China!
Socialism and the Government pressing banks to give low-income high risk loans sure helped break America''s back.

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by jerr11 October 6, 2008 10:50 PM EDT
"The fundamentals of our economy are strong."



Straight talker John McCain said that 22 times this year!

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


He sure is ready to lead the country, him and that former beauty queen of his!

LOL
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by tapsettle October 6, 2008 10:44 PM EDT
Stupid americans put pea-brain swaggering war-mongering texan in white house. Stupid americans deserve mess and maybe next time stupid americans vote on substance and issues, rather than hype, TV image and smears.
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by jmurrieta11 October 6, 2008 10:43 PM EDT
"Pope: Meltdown Shows Money Is "Nothing""


Says the autocratic ruler of one of the worlds'' most wealthy, and most secretive organizations--a gerontocracy of sexually disfunctional males.

So plow the Vatican''s billions into helping the world''s economy, Pope!

We sure could use it.

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