Comments on: Wall Street Ends Worst Week Ever

Capping 8 Straight Days Of Massive Losses, Dow Ends Seesaw Session With 128-Point Drop

[gop_will_win]

Wanna buy a Chevy with the bicycle seat option?


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Posted by tuckerndfw
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No thanks, I am happy with my Checker Aerobus. I love the gas mileage.

[helloall34]

But, what really caused the crisis is stupid Americans who spend more than they earn. If Americans had saved money instead of borrowing it, there would be no crisis.

Ditto for the federal government.

Wanna buy a Chevy?

Posted by tuckerndfw at 10:20 AM : Oct 10, 2008

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True but we use to have regulations in effect to prevent obviously unqualified people from getting loans.

[gop_will_win]

We need more tax cuts for the rich for this to stop.

[helloall34]

So, Bush is gonna speak at 10:25... He should really have someone else speak, nothing he says is going to be helpful. No one has any confidence in anything he says or does. The US is where it is because we elected him, party political won over common sense.

[donevis-2009]

There%u2019s more to this %u201Cfinancial emergency%u201D than subprime mortgages and escalating risk in the derivatives market. The watchdogs of these big players have been very lenient and indulgent over the years. Naked short selling played a big part in the cause of the last Great Depression. Naked short selling is a bet that the stock will diminish in value, but unlike short selling the naked short seller doesn%u2019t deliver the stock that was promised when the short sale was transacted. It%u2019s an incomplete transaction, a breach of contract. The result is a %u201Cphantom stock%u201D not too different from counterfeit money and with much the same result. According to some investigators it could cost over one trillion dollars to clean up the phantom stocks that are in the system. Add that to the transparent mess of right now and it mounts up triple whammy for us taxpayers.

[redbds]

It seems to me that every time the government tries to intervene, the market goes down.

[gop_will_win]

The good news is I now own General Motors.

The bad news is I don''''t know what to do with it now that I own it.

Anyone wanna buy a Chevy?


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Posted by tuckerndfw
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Should have bought Schwinn.

[sepa2]

Up until 1970s largely through innovative and productive bussinesses people made money in US capitalist system.Then gradually along with so called service economy avenues were opened to make money by gimmicks. MBAs, bankers, financial experts hold the noose. Those people who generate real wealth and knowledge like scientists, engineers, workers, planners became second fiddle. Schemes were developed (with effective support from legislature through deregulations)to make money by mere pushing papers. We are reaping the results of this transformation and unfortunately none of those who mastermind these schemes suffer

[drivelphobe]

All the hype about the bailout and capital infusion, stimulus, and lower interest rates was and is BS. The depression is coming no matter what they try to do to cover their scheming rear ends. Jail for the violators.

Now Pelosi wants another stimulus package for the illegals, indigent and non-working leeches?

Most people, who live within their means, will be fine. The scumbags who constantly live on credit, cigarettes, drugs, anti-depressants and booze are gong down the toilet. This is a natural cleansing of the garbage in our society. It will take down most of the parasitic vermin who have had a hand in this economic fiasco. The modest can and will survive. Those living on the high cash flow edge will perish and so will the bottom feeders, who constantly suck every entitlement out of our system. Let''s get it on.

One benefit of this chaos is there should be a massive reduction in the numbers of fat people as they have less money for fast food to stuff down their throats.

[melpol1]

The value of stocks have been dropping for over a year and have lost trillions in value. Many have seen their life savings gone with the wind.But there is still hope that the downward slide will hit a bottom and stocks will rise again.The big question is: Where is the bottom?. The correct answer is that the bottom is zero. The American currency is backed only by faith that it is worth something. If the public loses that faith it is worthless. There was a time when each dollar could be redeemed by gold. If you would rather hold gold, a teller at the bank would exchange it. The dollar was worth its weight in gold. In 1933 it all changed Franklin D.Roosevelt helped pass the law that it was illegal to possess gold. Then the dollar had value only on the faith that it was worth something. My advice to the public is to keep the faith and we shall overcome.

[legacyabq]

Oh God nevermind, it''s too late! It''s too late!!
There ARE no american companies left manufacturing anything (except assembling cars from chinese parts) so its too late to bring back jobs.. Thank you everyone who over the last 30 years bought from red china and shopped at big box stores, putting mom out of business, just to save a measly 5 bucks..
Screw that!!
Buy from the US, if thats still possible anymore!!

[creeper00]

Barbi,

If you''d been paying attention you would know that it was Republicans who tried to put a stop to the $700 billion bailout of the greedy bankers. If you''d been paying attention you would know that the original deregulation legislation that started this disaster was signed by Bill Clinton. Democrats stink just as badly as Republicans in this one.

Signed,
Former Democrat

[cariboubarbi]

Bush and McCain think that the answer to all this nations problems is to move more money from the hands of the working class into the already full pockets of the rich.

Hey, maybe it will trickle down right?

If, when the trickle finally reaches you, it looks and smells like urine....that''s because it is!


Thanks for voting Republican!

[legacyabq]

People it''s worth it to spend a little more, to buy things from America, sold by smaller companies whose stock, traded at all, isnt owned entirely by china.
Almost everything you spend at walmart, for example, goes to China. Everything they sell is made in the far east. Have you not notcied how terrible the quality is???? Why would you want that ***????
Buy local! Bring back the manufacturers!
Saving a few bucks is not worth it in the long run, if the dollar is devalued and the economy collapses!
Think about it!!
Boycott products made in RED CHINA

[maine11111]

There''s no ending in sight for the U.S. economy woe''s

[cariboubarbi]

Hey there Repubs. Maybe Bush and McCain will think up some way to De-Regulate us out of this mess? Or perhaps we can find another trickle down economic solution to shore up the rich?