Comments on: Global Credit Still In Deep Freeze

Worldwide Interest Rate Cuts Have Yet To Revive Paralyzed Markets

[sumarongi1]

Daffy64
Let''s not be stingy. There is plenty of blame to spread around in Congress and in our banking system.
What business school teaches that you can run your business on the margin and borrow money monthly to make up deficits caused by excessive profit spending prior to reinvesting in your companies. The banks love folks like that. Anyone got the figures on how much banks made last year on short term, high interest loans to cover company overheads. It''s got to be in the billions.

[antoniof123]

The only problem is that when the rich are resorting to hamburger, those with in fixed,low or middle incomes are already eating dog and cat food.

Posted by Sumarongi1 at 08:28 AM : Oct 10, 2008

I know how to hunt squirles in the park so I''ll have better meat than them.

[thomopolous2]

Time for some Jim Jones Koolaid or catch a comet with your Black Nike''s. Don''t forget the Mayan calender ends 2012. Good luck Smucks.

[gop_will_win]

all right you Neocons! Ready to sing your song?
-I''ll say we are!
-Yeah!
-Let''s sing it now!
Okay, Rumsfeld?
-Okay!
Okay, Ashcroft?
-Okay!
Okay, Cheney? Cheney? CHENEY!
-OKAY!!!)

Bushmas, Bushmas time is near
Time for war and time for fear
We''ve been good, but we can''t last
Hurry Bushmas, hurry fast
Want a plane and a half-track
Me, I want no bid contract
We can hardly stand the wait
Please Bushmas, don''t be late.

(Okay fellas get ready.
That was very good, Rumsfeld.
-Naturally.
Very good Ashcroft.
-Ahhh.
Ah, Cheney, you were a little flat, watch it.
Ah, Cheney. Cheney. CHENEY!
-OKAY.)

Want a plane and a half track
I still want no bid contract
We can hardly stand the wait
Please Bushmas, don''t be late.
We can hardly stand the wait
Please Bushmas, don''t be late.

[daffy64]

Heck of a job, Bushie!

[sumarongi1]

GrabAndGo

The only problem is that when the rich are resorting to hamburger, those with in fixed,low or middle incomes are already eating dog and cat food.

[sumarongi1]

YBotherAtAll

I prefer not to wait for the divine courts decision.
Put the bustards in jail now and not the Federal Country Club. Put them to work in prison industries, or better yet put them on their very own chain gang and let them begin cleaning up America one roadside at a time.

[antoniof123]

It is odd that the banks are not lending to each other. This entire ''''catastrophe'''' is artificial. Perhaps now is the time the powers that be intend to force the ''''New World Order'''' on us and go to a one world currency? Google ''''Money Masters'''' and watch the video for an enlightening look at the financial industry.
Posted by gmcnally2 at 07:57 AM : Oct 10, 2008

No it is not odd if a run starts the solid banks want to stay in business. Those are the fiscal responsible banks you know that ones that did the right job. The fiscal conservative banks are the ones in trouble. They said let the market free float and let us do as we please. Well like I always said there are just if not more conservatives that can''t handle finances as there are liberals. Of course the greatest finance person is a liberal you Buffett.

[ybotheratall]

Ok, bailout didn''t work. NOW can we have our billions back? Oh nevermind, those spa treatment do tend to get pricey. Turn the criminals over to the people; we''ll know what to do with them! It''s quite obvious the government isn''t going to hold them accountable.

There is a special place in h.e.l.l for this type of scum.

[thebigdiffer]

"The serious problems we face today won''t be solved by the same minds that created them." - Albert Einstein. Einstein quote explains perfectly why onthis election I will NOT vote for the Republican candidate Sen. McCain. Palin and McCain can keep throwing garbage (shame on them, this is not the Republican party of Ronal Reagan anymore) but on Nov. 4 I will vote for the best and only solution: Obama-Biden.

[gmcnally2]

It is odd that the banks are not lending to each other. This entire ''catastrophe'' is artificial. Perhaps now is the time the powers that be intend to force the ''New World Order'' on us and go to a one world currency? Google ''Money Masters'' and watch the video for an enlightening look at the financial industry.

[excoachken]

Looks like the whole world is following Ronald Reagan''s "trickle down." Finally, someone (Reagan) will help the Republicans forget Herbert Hoover. Deregulations final disaster!!!!!!!!!!!

[zaqxsw22]

John McCain has shown through his past actions that he has no concern for the wellbeing of middle-class Americans. When taking that into consideration, just how do you think he will handle the current financial disaster our economically battered nation is in today? For an answer to that question, one must look to the past, specifically McCain%u2019s disgraceful involvement in the Keating Five savings-and-loan scandal that decimated our economy, not to mention millions of hard working American%u2019s life savings, in the late 1980%u2019s.

Millions of hard working Americans had their life savings wiped out when one savings-and-loan after another went down because of the criminality of repugnant swindlers such as Charles Keating. Keating is a convicted felon who greedily defrauded millions out of their life savings, while at the same time he donated more money to McCain%u2019s campaign than any other contributor in the nation. And what did McCain do when he learned of Keating%u2019s arrest? He illegally tried to use his influence to keep his friend and largest campaign contributor out of jail.

McCain%u2019s involvement as the key figure in the Keating Five scandal is a window into his past, present, and future disregard for middle-class Americans. I urge all decent Americans who are sick and tired of being treated like second class citizens by the reprehensible corporate elite on Wall Street and their enablers such as John McCain, to take a look at KeatingEconomics.com

[smirk5]

Let the stock market take another huge dive this morning. I''m not worried. John McCain told me the fundamentals of the economy are strong. And, I''d hate to be a whiner anyway.

[sumarongi1]

snarkysnark

Obviously you aren''t aware that for those with low and middle incomes it literally is the end of "their" world. Bend over grasp both earlobes in your fingers and tug your head out of your butt. You may have to tug violently since you appear to have been suffering from this condition for some time.

[sumarongi1]

snarkysnark

Why don''t you go and recite that bs at the funerals of the families killed by despondent relatives because they see their livelihoods and dreams shattered and have a choice of ending it or living in a park or their car with a family of five.

WAKE UP AND SMELL THE ODOR OF DECAY NOW DEBUTING IN OUR COUNTRY.

[sumarongi1]

snarkysnark

Try telling that to the poor guy working his butt off for a living and can''t make basic life essential payments, like for power, gas, food, health care, etc., etc., etc. Tell him this while he''s holding you up at your ATM because he can''t afford to feed his kid or get to work at his underpaying job.

[sumarongi1]

This is what follows from having a financial and political leadership that is bereft of any social or moral conscience. Here in America they should all be put on trial for treason. Al Qaeda was really the least of our threats. We have created a monster by giving the banks and Wall Street control of our government. They have exported our jobs, ruined our educational system and sold our country to the highest bidders. We have an overabundance of middle men who are akin to bloodsucking leeches. They produce nothing, yet they take a large cut of our profits by raking a little more of the funds for every friend or associate they have in the network.
Example: FEMA got Congress to approve $140,000,000.00 for roof repairs in an area near New Orleans after Katrina. After passing through the hands of multiple companies on the way to it''s final destination it was finally awarded to a Mississippi company and amounted to a little over $85,000,000 in actual aid for the people who needed it. $55,000,000 had been used to pay consulting and handling fees for companies who did nothing but pass the money on to someone else.

These people and the market manipulators are moral slime and should be eradicated from our financial and politcal environs.

They should be sent to prison and put to hard labor so that for once we would get an "honest" days work out of them

[sumarongi1]

This is what follows from having a financial and political that is bereft of any social or moral conscience. Here in America they should all be put on trial for treason. Al Qaeda was really the least of our threats. We have created a monster by giving the banks and Wall Street control of our government. They have exported our jobs, ruined our educational system and sold our country to the highest bidders.
They should be sent to prison and put to hard labor so that for once we would get an "honest" days work out of them

[lewiston14]

To Sam and One: Might as well keep it open and let it fall until such a point that it reaches a bottom. Even if the NYSE was closed today before opening it would just drop more monday. I was thinking last night it might go up 175 to 200 today but after reading the other worlds markets we are in for another free fall today. It has to stop at some point of they will wipe themselfs off the map along with everything else.