Comments on: Dow Falls Below 8,000, S&P At 5-Year Low
Investors Rattled By Economy, Fate Of Big 3 Automakers; Consumer Prices Take Record Plunge
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- scb111 YOU MEAN THE BUSH EFFECT PAULSON IS JUST ANOTHER CROOK THEY NEED TO SAY WHERE ALL THE MONEY WENT OR GO UNDER THE JAIL. I CANNOT UNDERSTAND THE CONGRESS LETTING THESE PEOPLE HAVING THIS MUCH MONEY WITH ALL THE THINGS THEY HAVE DONE TO THIS COUNTRY JUST THINK 1 TRILLION DOLLERS OF DEBT. THEY NEED TO GO IN FRONT OF A FIRING SQUAD NOW.
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- Hey Libs,
How do you like your "Change"? - Reply to this comment
- Posted by andor3 at 06:37 PM : Nov 19, 2008---- So your point is that the "already poor" by their own socialistic choices will solve the problem?....(snicker). Your gonna have to do alot more explaining with economic history to prove the words of your mouth.....Start talking or shut up. And oh by the way, don''t bother pointing your verbal finger at any "Saul Alinsky Neocon Blame Game" repetition at someone like me who''s still on the Constitutional Turnip cart,.....there''s no difference between neocons and neolibs. Both ruin American ideals,....they just bicker publicly in the media as to how to do it best without the American public to even understand the deal against them.
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- The $5 trillion bailouts to date are exorbitant, but they don''''t even touch $60 trillion.
The effort should be REGULATING DERIVATIVES AND FINANCIAL INSITUTIONS. Put the Glass/Steagall regulations back in place and repeal the Commodities Modernization Act.
Posted by perk235 at 06:50 PM : Nov 19, 2008
whew! man, oh man. we''re screwed. - Reply to this comment
- we haven''''t been on fundamentals for a long time. I put responsibility on lenders who made bad loans and don''''t think we should have bailed them out or anybody else. But the market has become so bastardized with the spreading of risk and the same thing''''ll happen with teh spreading of wealth. get back to basics. Let the chips fall and get the pain behind us.
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I agree for a different reason. The beginning problems were due to bad lending, and a bailout could have maybe helped that. But the world-wide melt-down is due to risky bets (derivatives) to the tune of $60 trillion.
The $5 trillion bailouts to date are exorbitant, but they don''t even touch $60 trillion.
The effort should be REGULATING DERIVATIVES AND FINANCIAL INSITUTIONS. Put the Glass/Steagall regulations back in place and repeal the Commodities Modernization Act. - Reply to this comment
- A new President is elected and implements a radical and unprecedented re-formulation of the economy, the government, and the tax structure. He realigns the relationship between government and business in a new and radically dangerous way.
But that man was Reagan--funny that people accuse Obama of this when all he is doing is undoing the radical agenda that failed. - Reply to this comment
- When the DOW was at 14,000 Neil Cavuto complained that Bush wasn''t getting enough credit for the economy. For some reason, Cavuto doesn''t make this complaint anymore.
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- this is funny... there seems to be a desperate effort to deflect us all from learning the lesson of the last decade or two: that trickle down, welfare-for the already rich is a really bad idea. I wonder who would try to prevent that lesson from being learned?
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- The amazing thing about Democrats is that, even to this day, they REFUSE to blame ANY Democrat for ANYTHING. They have NEVER blamed Bill Clinton for ANYTHING. They have NEVER blamed Barney Frank for ANYTHING. NOT EVEN ONCE!!!
Their utter arrogance is truly astonishing. - Reply to this comment
- Posted by jon_mccain at 06:27 PM : Nov 19, 2008
we haven''t been on fundamentals for a long time. I put responsibility on lenders who made bad loans and don''t think we should have bailed them out or anybody else. But the market has become so bastardized with the spreading of risk and the same thing''ll happen with teh spreading of wealth. get back to basics. Let the chips fall and get the pain behind us. - Reply to this comment
- GOOD JOB, CONGRESS!!!
That bailout is working perfectly.
Exactly as planned... SERFDOM, HERE WE COME. - Reply to this comment
- The market at it''s high was about 14,000. So when the market falls to 7000-basic math- the market will have lost half it''s value.
Could or would the loss of half the value of the market possibly be considered a significant psychological benchmark? - Reply to this comment
- Barack Obama announces that he will sell half the country to China and the other half to Cuba!!!
Posted by scb111_1 at 06:29 PM : Nov 19, 2008
China ALREADY owns half the country.
Cuba can''t pay. That would be like giving a home loan to a person who doesn''t have the income to make the payments.
Oh, wait... YAH, GO AHEAD. Barney Frank will pull a few strings. - Reply to this comment
- "Considering we kind of had an economic boom during Bush years it doesn''''t seem like this is Bush''''s fault. Business and the markets seemed to love Bush."
A lackluster recovery from a recession followed by a serious market crash, crushing debt, and what will be a doozy of a recession is the model for why you say "Business and the markets seemed to love Bush"? Wow. - Reply to this comment
- The "Obama effect" continues, Dow down over 440 points, the "firesale" is on for tomorrow too!!! Expect it!!!
Posted by scb111
Why is Bush having this firesale? Why is he fiddling again like he did during Katrina and while the planes slammed into those buildings? Why is it every time we have a crisis we get a deer in the headlights look from Bush? - Reply to this comment
- Not once, I mean not one bloody time have they ever laid the blame on Bush for even one bloody thing. NOT ONCE!
Posted by rudy6543 at 06:21 PM : Nov 19, 2008
OK, let''s compare - WHAT DO YOU BLAME CLINTON FOR???
Did you ever blame Clinton for anything? EVEN ONCE??? - Reply to this comment
- It''''''''s extremely difficult for the ultra-right types to see their system fail so badley....
Posted by SHURCH4TRUTH at 06:18 PM
Misspellings and all - typical libtard!
Guess what, REPUBLICANS DON''T HAVE A MAJORITY in either house of Congress.
Whatever "system" we have, REPUBLICANS DIDN''T PUT IT THERE BY THEMSELVES.
Democrats are as much to blame as Republicans. But you''re such a partisan troll you can''t see that. - Reply to this comment
- Tomorrow, Barack Obama announces that he will sell half the country to China and the other half to Cuba!!!
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- Considering we kind of had an economic boom during Bush years it doesn''''t seem like this is Bush''''s fault. Business and the markets seemed to love Bush.
Posted by standlee5
We had a *** near jobless recovery followed by anemic growth fueled by the illusion of wealth created by the housing bubble and war spending. Do you honestly believe the whole house of cards would have collapsed as fast as it did if the economy were built on strong fundamentals? - Reply to this comment
- One thing the Market cant handle is communism or Marxist. With Obama background we have both. Welcome to the United Socialist States of North America.
Posted by AcornMania at 06:22 PM : Nov 19, 2008
The "Obama effect" continues, Dow down over 440 points, the "firesale" is on for tomorrow too!!! Expect it!!! - Reply to this comment
