Comments on: Wall Street Ends Worst Week Ever

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

[yongamerica]

George Bush''s assurances aren''t even worth the toilet paper he wiped with. I cannot think of any person on this earth with lower credibility than GW Bush''s except for big *** Cheney.

[easeup-2009]

Blue Horseshoe loves Endicott Steel....

[latrocinor-2009]

For all of its virtues, the American political system does not perform well when it comes to distinguishing between "rights" and "privileges". Home ownership is solidy within the "privilege" category and is predicated upon the ability to afford and credit history. Unfortuantely, our elected officials lost sight of this and we are now dealing with the consequences.

Posted by brianp55

To oppose it would be risking the labels "Mean-Spirited" and "Racist".

[t_barr]

Massive Market Manipulation...

Goldman Sachs being used by FED to pump Billions into Market...

Causing 100 point swings in minutes...

Some Traders losing MILLIONS in Minutes...

This will only cause MASSIVE MIS-TRUST IN THE MARKET.

Great move Hanky/Bernie - you just made thousands of Traders VERY Angry.

[brianp55]

For all of its virtues, the American political system does not perform well when it comes to distinguishing between "rights" and "privileges". Home ownership is solidy within the "privilege" category and is predicated upon the ability to afford and credit history. Unfortuantely, our elected officials lost sight of this and we are now dealing with the consequences.

[syllabujones]

Latrocinor That does not explain Bush''s Ownership Society nor does it explain the American Dream Downpayment Act nor the separate stimulus measures. These were not inherited. Bush was very proud of his Ownership Society idea and ran on it. To say now that he inherited it is silly. This was going to be how he left his mark, along with the privatization of Social Security, and he felt strongly that this would empower the American public. These ideas were unrealistic, and unfortunate, and none other than his own. To now try to attribute blame on Clinton is... well I''ve already said it, it''s silly. Bush has other things he can be proud of, like his work with AIDS. But his handling of the markets has shown a profound short-sightedness and general lack of comprehension.

[latrocinor-2009]

Since Soros is only rated about the 99th richest person in the world,

What do you think the other 98 are doing?

[latrocinor-2009]

...Since the fall of the Soviet Union, Soros'' funding has continued to play an important role in the former Soviet sphere. His funding and organization of Georgia''s Rose Revolution was considered crucial to its success by Russian and Western observers, although Soros has said that his role has been "greatly exaggerated."[32] Alexander Lomaia, Secretary of the Georgian Security Council and former Minister of Education and Science, is a former Executive Director of the Open Society Georgia Foundation (Soros Foundation,)....

[latrocinor-2009]

And Soros is only rated about the 99th richest person in the world.

[latrocinor-2009]

Soros is the founder of Soros Fund Management. In 1970 he co-founded the Quantum Fund with Jim Rogers. It returned 42.6% per year for the next ten years and created the bulk of the Soros fortune. Rogers retired from the fund in 1980. Other partners have included Victor Niederhoffer and Stanley Druckenmiller.

In late 2006, Soros bought about 2 million shares of Halliburton.[12]

In 2007, the Quantum Fund returned almost 32%, netting Soros $2.9 billion.[13]

[redbds]

The market is at +70 for the day.

[latrocinor-2009]

Open Society Institute and Soros Foundation Network

US-based private operating and grantmaking foundation that aims to promote open societies by shaping government policy

[impeach__w]

The World Bank Group''s computer network %u2014 one of the largest repositories of sensitive data about the economies of every nation %u2014 has been raided repeatedly by outsiders for more than a year, FOX News has learned.

It is still not known how much information was stolen. But sources inside the bank confirm that servers in the institution''s highly-restricted treasury unit were deeply penetrated with spy software last April. Invaders also had full access to the rest of the bank''s network for nearly a month in June and July.

In total, at least six major intrusions %u2014 two of them using the same group of IP addresses originating from China %u2014 have been detected at the World Bank since the summer of 2007, with the most recent breach occurring just last month

[latrocinor-2009]

Blaming Clinton for this is folly. Clinton''''s big gaffe was trade, not a grand idea for housing that led to predatory lending. Don''''t take my word for it. Google ''''ownership society'''', ''''American Dream Downpayment Act'''', etc. Please don''''t circulate misinformation, it''''s a dishonest thing to do.

Posted by syllabujones

The meltdown was worried about in 1995.

Fed took weak action opposd by Big Labor who claimed it would depress construction and hurt the little guy.

In 1997 experts were convened in a NPR panel discussion and Carnegie Melon economic experts claimed recession was coming due to too little and too late action by the Fed.

Big Labor poo poos the claim under the umbrella that more cuts would put people out of work.

Polls sensitive Clinton Administration won''t go for that.

Bush inherits entire plan and infrastructure.

[syllabujones]

Speakinup21 I don''t think anyone can say with certainty in this market where the smart money is. All the smart money essentially sold short, which ruined them and brought us an overly erratic market. This short term market predation is not smart. As you no doubt know, this was a major contributor to the Great Depression. Btw, I think politics is irrelevant to financial wisdom. There are fine financial thinkers on both sides of the aisle, and poor ones. There have been Republicans who''ve overspent and been short-sighted, as we''ve seen recently, and Democrats who''ve saved and thought long-term. These simplistic labels do not work in reality.

[latrocinor-2009]

HA! HA! Try this hate and smearand disease reported by...
Posted by Greta_Hiller

You are a hate troll with nothing but hate and smear to offer. Where you go you are there to spread sickness and hate. You are a disease.

[syllabujones]

Let''s clarify something. The ''Ownership Society'' is Bush''s baby, as is the American Dream Downpayment Act, not Clinton''s. Bush wanted everyone to own their own homes, and he flooded the markets with liquidity and supply through stimulus. Blaming Clinton for this is folly. Clinton''s big gaffe was trade, not a grand idea for housing that led to predatory lending. Don''t take my word for it. Google ''ownership society'', ''American Dream Downpayment Act'', etc. Please don''t circulate misinformation, it''s a dishonest thing to do.

[latrocinor-2009]

Hello all there are NO BARGINS PERIOD RIGHT NOW stay out of the market this is going to be a wild roller ride.
Posted by antoniof123

They are all bargains, unless you want immediate gratification.

"Wells Fargo feels "like a kid in a candy store." With Wall Street financial assets selling at penny candy prices, the bank is "buying with both hands," chairman Richard Kovacevich said Wednesday at a conference in California, Reuters reports. "

[redbds]

Hello all there are NO BARGINS PERIOD RIGHT NOW stay out of the market this is going to be a wild roller ride.

Posted by antoniof123 at 03:30 PM : Oct 10, 2008

Wait until next week. The market should bottom around 7000. The safest stocks will be walmart and target and other discount retailers.

[latrocinor-2009]

HA! HA! Try this story reported by...
Posted by Greta_Hiller

I would not believe you if you said GOD was coming down from heaven in a cloud.

You are a hate troll with nothing but hate and smear to offer. Where you go you are there to spread sickness and hate. You are a disease.