Comments on: Stocks Plunge On Recession Fears
Dow Drops 733 Points As Fed Issues Gloomy Report, Retail Sales Show Steep Drop
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- McCain quote:
"the economy remains fundamentally strong."
Posted by david1737
Such a bad piece of news for you. You poor thing. Maybe the USA will crash then you can party!! - Reply to this comment
- You are never a bad American for voting your beliefs. Posted by me4prezz at 05:24 PM : Oct 15, 2008
I think you can be a bad American for voting your beliefs. Instead of that--since beliefs require no forethought and often are the dregs of lazy minds being spoonfed information--I prefer people who put the country first. Of the 2, I think Obama/Biden would do the least harm, Constitutionally and in all other ways--but they and a Dem Congress will spend--that is their belief system.-at one time, McCain was Awesome, but that time has come and gone--his judgment is now very faulty and he IS erratic and voilatile. Had he agreed to no bailout -I might have voted for him--but SArah Palin clinched it. No true American would any sense of love for this country would EVER, EVER allow such a person near the White House. Too risky. She has abused power, she is an airhead and a demagogue.That is why the mainstays of the Conservative old guard are jumping ship--it is not because McCAin is losing, it is because no one who actually understands the ramification of the two jobs--would ever put such a woman within distance of the Presidency or even the VP--too much is at stake and she is not fit, not intellectually, not emotionally, not morally, not mentally. McCAin is losing people because of her-she was a good side show-but in a crisis? She is like electing Britney Spears or some other bimbo. Bas choice--he will pay for it--the base might like her-the rest of us do not respect her. - Reply to this comment
- The World Loses Confidence in the United States....
Posted by Hacker11001
How nice you''ve finally found true happiness. - Reply to this comment
- McSubprime
McCain''s choice for the Vice Chairman of his campaign caused the Subprime debacle and Enron when he slipped into an omnibus spending bill a provision called the Commodity Futures Modernization Act (CFMA), which prohibited any governmental regulation of credit default swaps, those insurance policies covering losses on securities in the event they went belly up. As the housing bubble ballooned, the face value of those swaps rose to a tidy $62 trillion. And as the housing bubble burst, those swaps became a massive pile of worthless paper, because no government agency had required the banks to set aside money to back them up. The CFMA also prohibited government regulation of the energy-trading market, which enabled Enron to nearly bankrupt the state of California before bankrupting itself. - Reply to this comment
- McCain quote:
"the economy remains fundamentally strong." - Reply to this comment
- Posted by harbinger09
LOL - Reply to this comment
- Nothing''s gonna help the economy now. Not the bailout. Not another "stimulus" package. There''s no money left to spend unless you either print more money or borrow more. On the bright side, the rich did get their tax cut though.
- Reply to this comment
- Palin, McCain''''s V.P. choice, simply doesn''''t fill the hole in McCain''''s admitted economic "bucket".
Posted by david1737 at 05:27 PM : Oct 15, 2008
I believe the word is "Pail" as in "There''s a hole in my bucket-- or "there''s a Palin'' my hole. LOL - Reply to this comment
- Are soup lines just around the corner???? Has the government told Campbell Soup Co to increase production??..............get ready!!!!!
Posted by Hacker11001 at 04:48 PM : Oct 15, 2008
For some reason, I just got a flier from the Salvation Army. They want me to know that they will be serving a full Thanksgiving dinner on Thanksgiving for 1.88. I sure hope this is not an omen. I''m just going to pass this forward and hope it is like a chain letter. I did my bit.....
Whoops. My bad. They want me to donate so they can reach many more with their dinners. I should have opened the envelope, I guess. LOL - Reply to this comment
- Are soup lines just around the corner???? Has the government told Campbell Soup Co to increase production??..............get ready!!!!!
Posted by Hacker11001 at 04:48 PM : Oct 15, 2008
For some reason, I just got a flier from the Salvation Army. They want me to know that they will be serving a full Thanksgiving dinner on Thanksgiving for 1.88. I sure hope this is not an omen. I''m just going to pass this forward and hope it is like a chain letter. I did my bit..... - Reply to this comment
- Sell. Stock-up. Top-off. Load. And hold the hell-on for dear life.
Dis is gonna be u-uuuuuuuuugly. - Reply to this comment
- 89% of Americans think that our country is moving in the wrong direction.
McCain voted with Bush 90% of the time!
McCain voted for 4of5 of Bush''s budgets, yet complains about the wasteful spending of the past 8 years.
Enough is enough! - Reply to this comment
- For example, go to DaveRamsey.com. He is a millionaire with a credit score of 0!! He pays cash for everything. Imagine....buying only what you could actually pay for with good old fashioned cash...what a thought!
Posted by me4prezz at 04:48 PM : Oct 15, 2008
If we did that most people would not have homes or much of anything else and the world would be a lot poorer. The market depends not on true money--but on the illusion of worth and leveraging that into money. Why use money at all? We could go back to bartering and just trade actual goods and services for what we need--course a lot of people would die--since they have little to trade and have no skills besides d1cking others to get ahead. - Reply to this comment
- The only thing I believe from McCain is that he does not understand economics. I am afraid that is true for most Republicans, like Greenspan, Paulson, and Bernanke who have failed us and the system with their philosophies and policies. It will be decades before the Republican Party recovers from this disaster.
Posted by tscc2 at 04:43 PM : Oct 15, 2008
I would hazard that most of the Democrats do not understand economics either--or else they would have seen the recovery package for the useless bandaid it was. NOBODY has ever spent their way out of debt. - Reply to this comment
McCain quote:
"I don%u2019t understand how the economy works, I%u2019ve got to get a V.P. that will show me how it works."
Palin, McCain''s V.P. choice, simply doesn''t fill the hole in McCain''s admitted economic "bucket".- Reply to this comment
- 1989 and that was under Clintons watch too!
Posted by gop_will_win at 04:42 PM : Oct 15, 2008
1989--Bush SR was president. Clinton came in in 1992. - Reply to this comment
- Unless Obama is so arrogant that he refuses to listen to common sense (good possibility), he will walk on eggshells in this debate. In essence, the debate is his to lose.
As for McCain, unless he is a complete idiot, he will pull out all the stops and attack Obama on every mistake he has made from the time of his birth in Kenya to his Muslin/madrassa schooling in Indonesia, to his association with Jeremiah Wright, to his association with Bill Ayers, to his association with the vote fraud kings at ACORN, to his plans to refund your tax money to people who don''t pay taxes, to...well, you get the picture.
If Obama attacks or screws up, McCain wins.
If McCain does not attack at every opportunity from now until election day, Obama wins.
We shall see... - Reply to this comment
- They scammed on Clinton''''s watch.
They got busted on Bush''''s watch.
Posted by txgrouch2007 at 04:38 PM : Oct 15, 2008
wrong. they scammed on both watches--but on Cheney''s watch and scammed to much and got the straw that broke the camel''s back. Then Bush covered for Cheney and we had 911 immediately after that to distract us. - Reply to this comment
- if you want to be a good american then vote obama for president. otherwise you''''re a bad american. profound, no. simple, yes.
Posted by gopfornever at 05:05 PM : Oct 15, 2008
You are never a bad American for voting your beliefs. You are a bad American for not exercising your right to vote when so many other countries die just trying to get to the poles. You are a bad American for telling people this. Do you think this is the kind of campaigning that Obama wants? - Reply to this comment
- Posted by Joey7776
If you''re going to attack Obama at least come up with a real issue. - Reply to this comment
