Market down 4% and below 8000 with 45 minutes left.

[CosmicCowboy]

ouch.

Gotta be Bush's fault.

[Thunder Dan]

they are just finishing off his last day the way they should

[Blake]

is buying Circuit City stock right now while it's low a good idea?

[baseline bum]

Investors been such a beacon of light to us throughout this entire recession. Where would we have ever been without credit default swaps and the oil speculators?

[FreeMason]

is buying Circuit City stock right now while it's low a good idea?

no

[DarkReign]

Investors been such a beacon of light to us throughout this entire recession. Where would we have ever been without credit default swaps and the oil speculators?

Yup. Market means nothing to me. I dont work for a publicly traded company and am not old enough to have significant investments.

If anything, this recession just reinforces my disdain for those whose career consists of trading wealth. As if thats some important role in society.

They (the bankers, traders, financial houses, etc) do not make anything. They sell nothing. They trade value between others like themselves, a value based on a real company that, you know, produces shit.

Markets are the last scam of captialism. /rant

[Twisted_Dawg]

Yup. Market means nothing to me. I dont work for a publicly traded company and am not old enough to have significant investments.

If anything, this recession just reinforces my disdain for those whose career consists of trading wealth. As if thats some important role in society.

They (the bankers, traders, financial houses, etc) do not make anything. They sell nothing. They trade value between others like themselves, a value based on a real company that, you know, produces shit.

Markets are the last scam of captialism. /rant

Hey kid, you think the financial world is bad, just wait until you see how the commodity of pussy is handled out in the dating world.

[Blake]

no

you sure? Cause Ive heard good things.........good things

[FreeMason]

Yup. Market means nothing to me. I dont work for a publicly traded company and am not old enough to have significant investments.

If anything, this recession just reinforces my disdain for those whose career consists of trading wealth. As if thats some important role in society.

They (the bankers, traders, financial houses, etc) do not make anything. They sell nothing. They trade value between others like themselves, a value based on a real company that, you know, produces shit.

Markets are the last scam of captialism. /rant

They partake in risk others will not. Not enough, but still some.

The government produces nothing and steals from all; yet the people hate the movers and shakers. America is great.

[DarkReign]

Hey kid, you think the financial world is bad, just wait until you see how the commodity of pussy is handled out in the dating world.

Me = 29 and married. Thanks for the attempt at being B2B, though.

[MiamiHeat]

everyone is running away.

big taxes coming soon for all the rich people :)

[CosmicCowboy]

everyone is running away.

big taxes coming soon for all the rich people :)

Big wake up call coming soon for all the stupid people.

[MiamiHeat]

true, but just so you know, I didn't vote for Obama :P

just saying what's going around :)

[RuffnReadyOzStyle]

They partake in risk others will not. Not enough, but still some.

The government produces nothing and steals from all; yet the people hate the movers and shakers. America is great.

The government built and maintains most of the infrastructure you take for granted, both physical and social institutions.

Sure, the balance between the govt. and the private sector is problematic, but don't pretend that govts. "produce nothing".

[EricB]

Eh, I've seen the Government at work.

As the great Ronald Regan said

"Government isn't the solution to the problem, government IS the problem"

[RuffnReadyOzStyle]

Eh, I've seen the Government at work.

As the great Ronald Regan said

"Government isn't the solution to the problem, government IS the problem"

"The Great"... :lmao

So, not too keen on defence, police, roads, railways, ports, airports, public transport, hospitals, courts, etc etc etc.

Government is internal to modern democracy. Could it be done better? Yes, certainly. Is it essential to civilisation? To some extent. Get used to it.

[Heath Ledger]

If you think things are fucked up now wait until congress tries to fix things.

That will go down as an epic quote.

[Cry Havoc]

They partake in risk others will not. Not enough, but still some.

What risk? The risk to lose their jobs? The risk to hurting their company resulting in a massive golden parachute to early retirement? They took MASSIVE risks on loans they weren't even associated with in order to make a quick buck on the turnaround.


The government produces nothing and steals from all; yet the people hate the movers and shakers. America is great.

Wow. You must be in some crazy land of denial if you think the government hasn't ever produced anything or helped the needy. Just.... wow.

[S_A_Longhorn]

Bank of America and CitiBank were down 20% just esterday. They were supposed to be thr stronger banks. They just want their own "bailout" now.

[I Love Me Some Me]

Bank of America and CitiBank were down 20% just esterday. They were supposed to be thr stronger banks. They just want their own "bailout" now.

Citi is not even close to being a strong bank, and is likely to be taken over within the next 12 months.

[RandomGuy]

ouch.

Gotta be Bush's fault.

Actually it was another round of "oh shit" news from the banking sector.

Plenty of legitimate crap to blame on the out going frat boy in chief, tho'.

[slayermin]

Yup. Market means nothing to me. I dont work for a publicly traded company and am not old enough to have significant investments.

If anything, this recession just reinforces my disdain for those whose career consists of trading wealth. As if thats some important role in society.

They (the bankers, traders, financial houses, etc) do not make anything. They sell nothing. They trade value between others like themselves, a value based on a real company that, you know, produces shit.

Markets are the last scam of captialism. /rant

Sounds like you are describing this guy.

JaKkuJVy2YA

[TDMVPDPOY]

i think all the govts today in the last few months who started to bailout companys with tax money,

they were better off buying back those companys (privatesed in the past)and keeping it under govt control and sell out when the market recovers....