Comments on: Stocks Dive On Global Recession Fears
Wall Street Joins World Markets In Selloff As Dow Plunges 300 Points
- Yup, the us, the middle class. I think these politians need to start worrying about us for once.
Posted by slim1h2o at 03:21 PM : Oct 24, 2008
I think you would have better luck with that, if you moved to Canada.:) - Reply to this comment
- People blaming along party lines got quiet, and now the race can of worms gets opened, it''s crickets? No education or spinal cord?
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- The Obama factor is causing the markets to crash..
Obama tax codes will put a lot of people out of work."--Posted by mbskoczen
Ahhhhh a tiny minority voice. - Reply to this comment
- "The Obama factor is causing the markets to crash..
Obama tax codes will put a lot of people out of work."--Posted by mbskoczen
No, it''s fear of a BLACK man. - Reply to this comment
- I don''''t know about the rest of you, but WE are supporting the whole government and many are having a hard time supporting themselves and their families!
That''''s NOT money well spent----my friend!
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Posted by liberalme at 03:12 PM : Oct 24, 2008
I agree with you.
The thing is, the American middle class IS the economic machine of this country,and quite possibly the world. But who''s the 1st to get ***** on?
Yup, the us, the middle class. I think these politians need to start worrying about us for once.
We need to tell them that. I know I have...
Without us, they''re a$$''s are cooked, sooner or later. - Reply to this comment
- What is bad about this? First off National City is the 7th largest bank in the country with about 29,000 employees. Secondly it''''''''s in OHIO. Thirdly, if no one would have bought NC, there would have been thousands of people laid off and the credit market for business in Ohio would have dried up.
This is government money that''''''''s well-spent.
Posted by easeup
We''''re bailing out banks to bail out banks----we are--the taxpayers!!
We should be sitting on the boards of all these banks.
Part of the Wall St problem is, WE don''''t want to foot the bail out bill for the banks or Wall St---WE are paying taxes everytime we get a paycheck, go into a store, buy gas etc etc. WE are footing a 10 billion dollar bill for Iraq--don''''t know about Afganistan yet---WE owe China 500 billion--I don''''t know about the rest of you, but WE are supporting the whole government and many are having a hard time supporting themselves and their families!
That''''s NOT money well spent----my friend!
NO, BUT IT IS A BIG HELP IN A SWING STATE! - Reply to this comment
- I mean if obama wants to be president of a socialist country why doesn''''t he go down to Argentina and help them with their socialist mess. He''''s a global citizen so he could go anywhere and be president.
Posted by standlee5 at 03:15 PM : Oct 24, 2008
Where did you get Obama''s a "global" citizen---hannity still spewing that??? Come on---lets get valid proof of what you claim. - Reply to this comment
- I mean if obama wants to be president of a socialist country why doesn''t he go down to Argentina and help them with their socialist mess. He''s a global citizen so he could go anywhere and be president.
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- Nancy (the party''s over) Pelosi must be thrilled that Wall Street''s getting hammered. She probably is having a party. pelosi/reid/obama for govt. redistribution. McCain/Palin for a sound solid policy for recovery.
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- Clinton vowed and GOT a balanced budget. Bush Sr. left Somalia to Clinton.
BTW: I remember it so well because my cousin and I were over there. - Reply to this comment
- What is bad about this? First off National City is the 7th largest bank in the country with about 29,000 employees. Secondly it''''s in OHIO. Thirdly, if no one would have bought NC, there would have been thousands of people laid off and the credit market for business in Ohio would have dried up.
This is government money that''''s well-spent.
Posted by easeup
We''re bailing out banks to bail out banks----we are--the taxpayers!!
We should be sitting on the boards of all these banks.
Part of the Wall St problem is, WE don''t want to foot the bail out bill for the banks or Wall St---WE are paying taxes everytime we get a paycheck, go into a store, buy gas etc etc. WE are footing a 10 billion dollar bill for Iraq--don''t know about Afganistan yet---WE owe China 500 billion--I don''t know about the rest of you, but WE are supporting the whole government and many are having a hard time supporting themselves and their families!
That''s NOT money well spent----my friend! - Reply to this comment
- "The Obama factor is causing the markets to crash..
Obama tax codes will put a lot of people out of work."--Posted by mbskoczen
An amusing mirror image argument of the line that Bushit the Younger tried to spin on the way down into his FIRST recession right after the 2000 election--that it was Bill Clinton who caused it, despite Clinton having presided over a budget SURPLUS.
Q: Is there any more cowardly, irresponsible party in the history of the USA than the Republican Party under the Bush / Cheney regime?
Posted by johnbrown888 at 01:26 PM : Oct 24, 2008
Clinton vowed and GOT a balanced budget. Bush Sr. left Somalia to Clinton. - Reply to this comment
- All of you anti-tax Republicans are hypocrites. I have been hearing the no-tax line from the Republicans for 40 years. It is pure bull. Here are the results; Ronald Reagan largest deficits in history; George Bush "no-new taxes" Senior - record deficits and raised taxes; Bill Clinton budget surplus and economic prosperity; George Bush Jr - record deficits and worst economic crisis since the great depression. Alan Greenspan said he was wrong about regulation. McCain said he did not understand economics and the economy was sound. The Republicans are economic morons. Their save the rich and big business at all cost has crashed our economy. It''s the deficits that have tanked the dollar. Anybody that believes the Republicans know what they are doing with the economy must have brain damage.
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- All the propaganda spread by both parties has turned you all into good little monkeys. You fear what you are to lazy to learn.
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- Here''''s where some of the bail out money is going---National City is a Bank in Florida that''''s been having problems---last paragraph is interesting---the bail out is helping banks buy up other banks as well.
Posted by liberalme at 02:30 PM : Oct 24, 2008
What is bad about this? First off National City is the 7th largest bank in the country with about 29,000 employees. Secondly it''s in OHIO. Thirdly, if no one would have bought NC, there would have been thousands of people laid off and the credit market for business in Ohio would have dried up.
This is government money that''s well-spent. - Reply to this comment
- I don''''t see any of you DUMBOCRATS giving Bush credit for the price of oil dropping like a rock or are your minds so warped that you only see one way. This alone will make up for the 700 billion bailout.
You Dumolibs are such hypocrites it is pitiful
Posted by d7767w at 02:23 PM : Oct 24, 2008
Bush''s cronies are losing billions in oil revenue. You know why? people aren''t driving as much. Bush can''t take the credit for lowering oil prices, it''s us (not including you) cutting back. Idiot! Wake up! It''s not some politician''s responsibility to lower oil prices, it''s ours! Right now OPEC is concerned, cutting production because of falling prices caused by LOWER demand. - Reply to this comment
- Demtards, Republicons, why is it that this two-party system has lasted so long? Stupidity! Especially on the part of the people that argue that their party is better. This financial mees was created by a bunch of con-men with sheepskins and expensive suits, using OUR money to buy the above-mentioned idiots who rep-resent us to make choices about our futures. Bush Sr. gave China MFN status. the result? Tainted food, toys, and a booming economy for a COMMUNIST nation. Speaking of commmunists, JFK ordered that botched Bay of Pigs junket or whatever you want to call it. Castro''s biggest sin? He pushed out the mob and the sugar conglomorates (no I am not pro-communist, I''m just making a point; I direct this at those to dense to get out of their self-righteousness). All the while, the average Joe/Jane has been to lazy to get off their hind ends to actually make changes to make our future better. When you point the finger, do so in front of a mirror. YOU enabled these people to ruin your 401k''s and your dreams of a cushy retirement by watching the news and just shaking your head (not much else) when shaky financial deals were being made. I started making my retreat after George Sr. ''Assisted'' Kuwait in the 1st gulf war. We had no business being there, because our oil comes from CANADA, Venezuela, Mexico. Draw your own conclusions from there as W and shaky ticker, both oil men continue. Afghanistan was absolutely justified, these other actions aren''t.
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- Anything that the government does for the people instead of the fascist corporations is socialist to these ignorant Republicon right wing wackos.
Haven''t had enough of the McSame yet, huh? - Reply to this comment
- The republicans have destroyed this once great nation. It''s up to Obama-Biden and the Democratic party to rebuild it. And we will, shortly after the election, we''re taking the garbage out.
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- Here''s where some of the bail out money is going---National City is a Bank in Florida that''s been having problems---last paragraph is interesting---the bail out is helping banks buy up other banks as well.
NEW YORK %u2014 PNC Financial Services says it is acquiring National City for about $5.58 billion and will receive $7.7 billion in capital from the federal government.
PNC will pay $5.2 billion for National City through a stock transaction that values National City at about $2.23 per share, a 18.9 percent discount from Thursday''s closing price of $2.75. The remaining $384 million will be a cash payment to certain warrant holders.
Cleveland-based National City has been hit hard over the past year by the downturn in the mortgage market. Earlier this week, the bank posted a quarterly loss of $5.15 billion, or $5.86 per share.
PNC says it will also receive a $7.7 billion investment from the government, under its $750 billion bailout plan. - Reply to this comment
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