Comments on: Dow Drops 500 Points In Turbulent Trading

Skittish Investors Fearful About Ailing Financial Firms

[ajaxtheleast]

17 down ???

Best they do better than that or bush
will have to get some of his pals to
artificially jack up the numbers
for McCain''s treading-water
debate tonight!!

IF,, they have any breaed left!!

[generey]

Up, down, up, down. Its all a big game & joke people. And people are the pawns.

[andylance1]

There is a downturn in the economy about every ten years, regardless of who is president. When Bush took office, we were experiencing the collapse of the Dot Com bubble from the Clinton years and high tech stocks on NASDAQ were in the crapper.

We then had the fall out of the 9-11 disaster. No air travel, no vacations, airlines going under and the stock market was in turmoil, plus the expense of hitting the Taliban in Afghanistan.

Meanwhile, China and India started getting more prosperous and started consuming a lot more oil. Every year since 2002, the price of oil went up because of international demand and the stupidity of our Democratic Congress which kept us from drilling for domestic oil and building nuke plants for electricity. In spite of this, Detroit kept building gas hog SUVs and pickups.

Meanwhile, Wall Street started running amok. Computer trading allowed for giant swings in prices for commodities, financials, real estate, etc. The laws regulating Wall Street were written 30 - 40 years ago, long before the age of the personal computer, and greed went unchecked and corrupted Congressional oversight and politicians of both parties.

[marshall65]

"We''''re you on here praising Bush when the market hit 14,000? "...........I would have been if the market had held, but unlike Clinton''s recovery plan, Bush''s small tactical jabs at the market never sustained anything. That is partly the reason for our disaster today. Bush can''t be blamed for everything, but as men of honor would say, it happened on his watch.

[easeup-2009]

Posted by CaribouBarbi at 09:53 AM : Oct 07, 2008

We''re you on here praising Bush when the market hit 14,000?

[cariboubarbi]

In just 8 short years, Republicans have accomplished what Al Qaeda never could. They''ve bankrupted the country and very nearly brought it to it''s knees.

What do you people do for an encore?

Oh that''s right, you''ve given us John McSame.

No thanks!