how much do kidnappers make?
They were just glad the mother er finally rang before the market went COMPLETELY to . Guarantee if the market was still open it would still be dropping like a rock. If it doesn't find a bottom around 7200 it's going to the 6's.They applaud at the closing bell no matter what, eh?
oh damn, i loved that place! good times. i loved the belly washers there."I'm Po' but I'm Proud" bumpersticker from Po' Folks...
Looking for a tall building to jump from.
Just opened my Merrill Lynch monthly report. I have lost 38% of my portfolio since Jan. Almost half a million gone, vanished, pissed away.
That sucks. you should have listened to me when the market was at 10,500 and I was saying to get parked in short term T-Bills.Looking for a tall building to jump from.
Just opened my Merrill Lynch monthly report. I have lost 38% of my portfolio since Jan. Almost half a million gone, vanished, pissed away.
november has lost another 20%.Looking for a tall building to jump from.
Just opened my Merrill Lynch monthly report. I have lost 38% of my portfolio since Jan. Almost half a million gone, vanished, pissed away.
Boo ing hoo, it's not our fault you gave Duff the login to your account.....Looking for a tall building to jump from.
Just opened my Merrill Lynch monthly report. I have lost 38% of my portfolio since Jan. Almost half a million gone, vanished, pissed away.
I could have bought a freaking Ferrari for Christmas last year, and I would feel a whole lot better about it.
wow. sorry to hear that, man.Looking for a tall building to jump from.
Just opened my Merrill Lynch monthly report. I have lost 38% of my portfolio since Jan. Almost half a million gone, vanished, pissed away.
This post was slightly over a month ago.
Yikes.
Where it stops, nobody knows, and if they did, they would be immensely wealthy.
If it doesn't find a bottom at 7200 it's going to the 6's and after that it's anyone's guess.
After Citibank crashes as everyone defaults on their credit cards because they just got fired because the economy sucks because the banks suck because they bet wrong and the ing new government says it's OK to default because we "care" about you...
*sigh*
Right martini...time for a beer...*heading for the ice chest*
I'm wayyyyyyyyyy beyond beer Babe!!!!
BTW, like I said I'm in for the long haul!!!! What I have invested is my kids' inheritance! Boo Fukn hoo!!!
It is a widely held belief that the Oil Companies & Tire Companies are in collusion with the auto makers to keep big gas guzzling cars on the road…Public rails have been eliminated from many big cities in the 1950’s…Higher mileage standards are always fought by the powerful conglomerates…
So if this is even slightly true, why doesn’t GM, Ford & Chrysler ask Exxon, Conoco Phillips, Goodyear or even Saudi Arabia for bail out money…Why should the U.S. Taxpayer be on the hook for all of this?
Thoughts?
If I was GM I would LOVE an opportunity to go chapter 11 and completely rebuild my business model and cancel all my current union agreements. GM has some GREAT technology...they just need to be able to utilize it and produce products at compe ive price points. Think the Toyota Prius is hot ? that was 100% GM technology that was licensed to Toyota and GM gets it back this year along with any enhancements that Toyota made to the technology. Want electric cars you can plug in at home? they have it in the pipeline for next year...This would be a great time to just gut this company and start over fresh.
i had $200 in my retirement savings account....lol balance is 0 atm....fukn bs.
Markets really trying to find a temporary bottom in the 7500-7600 range. If they can hold off the late afternoon selling could let things calm down a little over the weekend.
dang, almost a 500 point bump after the appointment was announced. Crazy .
So is Timothy Geithner really all THAT? Markets sure liked it when the Messiah appointed him. He's from the New York fed which means wall street insider..
I'm just not sure how that is supposed to reassure us down here in Texas. LOL Maybe they figure that it will be endless bailouts after they burn through the first few trillion.
Actually, we just did:
http://news.yahoo.com/s/afp/20081120...JOoU6Ff0es0NUE
I just want to point out that CC made this point awile back and I agreed. Many of you argued against the thought of this happening and
we told you so.
I found CC's point, but I couldn't find anyone disagreeing with him.
Anyway, apart from his valid points, the CCC's are expecting massive layoffs starting right after the new year and lasting into 1932... oops I mean 2011, so they're heading off any use of credit lines as subs ute income by the new Poor.
The topic was discussed further in a thread over in the Political forum.
uh oh...gonna get ugly today.
Looks like people are finally figuring out that the economy is well and truly ed up.
Obviously, youve been money on this topic.
What gives you this impression?
Jobs report came out. 533,000 jobs cut last month, (most in 34 years) unemployment jumped to 6.7% (worst in 15 years) no end in sight...
mortgage report came out. 10% of the mortgages in the US are approaching foreclosure...up almost another percent in one month. At this point, you can figure that every new job loss is gonna be another foreclosure.
The snowball is getting bigger and still rolling downhill.
I read an interesting article today contrasting the current crisis with the Great Depression. In the Depression, it is said, Keynesian stimulus could have some lasting impact because the U.S. was the largest creditor nation on Earth.
Now the U.S. is the biggest debtor nation on Earth. While trying to flood the economy on the demand end might stop this deflationary cycle in the short term, the effect if the global economy starts turning around will be hyperinflation of the dollar and collapse of the U.S. economy.
So, if the stimulus does not work, the U.S. will collapse into a lasting depression. If the stimulus does work, the U.S. will collapse into a lasting depression a couple of years later.
Either way, we are at the end of the post-World War II era of American economic prosperity.
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