Comments on: As Auto Bailout Hopes Fade, So Do Stocks

Dow Plunges More Than 400 Points As Prospects Dim For Immediate Lifeline For Automakers

by generey November 20, 2008 6:43 PM EST
Time to get his and hers Hummers.


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Posted by pirmin3 at 06:27 AM : Nov 20, 2008


Too funny!
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by panhandlpete November 20, 2008 11:55 AM EST
If only we had a crystal ball with our country''s future in it......then maybe our leaders would be able to make good decisions.......not likely, for they probably could not agree on the path to take to reach a goal.

Handing out $770 Billion dollars to anyone, especially members of this current administration, without specific instructions and oversight is more than just a BAD DECISION, it is pure STUPIDITY and INCOMPETENCE. Congress was warned to delay their decision until after January, but the election fears won out. Those who were facing re election did not want to go home and face voters as being against helping those folks facing mortgage foreclosure. (Strategy used by the crooks.)

So it really was not intended for helping people, but intended for WALL STREET crowd. (Those folks who probably use high end providers, if you know what I mean.)

Globalization.....ONE WORLD ORDER....do we want it? Can we stop it?


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by shanev137 November 20, 2008 10:56 AM EST
These Higher commodity costs

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What higher commodity costs?

The cost of commodities is dropping through the floor dude.
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by perceptions5 November 20, 2008 10:49 AM EST
The market is tanking because "business" is looking into the future.

And the only thing they see is Obama, Harry, and Nancy.

A Chicago Gangster, a Las Vegas Mobster,and a San Francisco Snobster.

The economy is the TOP issue right now SO why hasn''t The Emperor Without Clothes, Obama named his candidate to lead the US Treasury?

Of course the this new breed of liberal fascists that run the AP/CBS and the rest of our corrupt liberal MSM wolfpack press aren''t going to run with that theme.

After all Obama is their boy wonder.

It''s going to four years of major pain and suffering.

If you like the past two years that the Democrats have run our economy and Congress then you''re going to love the next four years with the Dems in 100% control.

........Standby....

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by georgew1956 November 20, 2008 10:15 AM EST
WHEN IS OPEC SENDING STIMULUS CHECKS WE SPONSERED THOSE GREEDY SOBS
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by BeyondGreen November 20, 2008 9:56 AM EST
And while everyone is doing the happy dance around the pumps OPEC is making plans to cut production again and raise gas prices.Unfortunately lower gas prices aren''t here to stay.

http://money.cnn.com/2008/11/15/news/international/opec.ap/

The gas prices this past year have serioulsy damaged our economy and society. We must get on with becoming energy independent.We can''t take another year like this past. Jeff Wilson has a wonderful new book out about the energy crisis and what it would take for America to become energy independent. It covers every aspect of oil, what it''s uses are besides gasoline, our reserves, our depletion of it. Every type of alternative energy is covered and it''s potential to replace oil. He even has proposed legeslative aganda''s that would be necessary to impliment these changes along with time frames. This book is profoundly informative and our country needs to become more informed and move forward with becoming energy independent. It is called The Manhattan Project of 2009 Energy Independence NOW.
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by pirmin3 November 20, 2008 9:27 AM EST
Time to get his and hers Hummers.
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by shanev137 November 20, 2008 9:14 AM EST
Posted by Hitoyou1 at 06:08 AM : Nov 20, 2008

You''re right, and this article is wrong.

Brent spot is already below $48 a barrel.


http://www.bloomberg.com/energy/


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by shanev137 November 20, 2008 9:09 AM EST
In other Nymex trading, gasoline futures fell 1.55 cents to $1.09 a gallon.


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Wow.

When Bush leaves office, the price of gasoline is going to be the same price as when he took office.

LOL

Gee, thanks for the 8 years of assraping Dub.
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by hitoyou1 November 20, 2008 9:08 AM EST
Trust me it will go lOWER. To under $50.00 a barrel. Trust me it will.
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by lewiston14 November 20, 2008 8:55 AM EST
Trust me it wont last. Think Korea or Iran and the next morning its $200. That should finish everything still standing off
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