Bank Bailout, Dumping Market, Next?

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  • Farbin Kaiber
    Lil' Puppet
    • Jul 2007
    • 29502

    #1

    Bank Bailout, Dumping Market, Next?

    So, the stock market is -551.70 today , the govt. dropped the bailout plan, ranked out for a few days to work around a Jewish holiday, Global markets dumping...


    How much longer til it turns around in your opinions?
  • archemedes
    Advanced Member
    • Aug 2008
    • 125

    #2
    Will be a long time before it actually gets better. History has shown us that much.

    Comment

    • mattdk318i
      No R3VLimiter
      • Jun 2006
      • 3953

      #3
      Originally posted by archemedes
      Will be a long time before it actually gets better. History has shown us that much.
      Grab your ankles and hold on
      sigpic

      Comment

      • kronus
        R3V OG
        • Apr 2008
        • 13003

        #4
        My econ professor keeps sending us panicked e-mails.

        At least we know any solution they come up with HAS to be better than this, if this one was rejected.
        cars beep boop

        Comment

        • Farbin Kaiber
          Lil' Puppet
          • Jul 2007
          • 29502

          #5
          Kronus, I love the VLA in yer sig.


          It's funny fliping between news channels, and hearing them blame the other guys they spin for.

          Comment

          • Vedubin01
            R3V Elite
            • Jun 2006
            • 5852

            #6
            The Democrats control both the House and the Senate, they could have won the vote with out 1 Republican vote. But they just wanted to have ammunition to point fingers back at the Republicans if this was to fail. Instead of Pelosi firing off her speech just before the vote, she should have turned to 13 of the 94 Democrats that voted against it and got them to swing. No spin needed.....

            Best stock of the day is Ammo and food!
            Last edited by Vedubin01; 09-29-2008, 11:39 AM.
            Build your own dreams, or someone else will hire you to build theirs!

            Your signature picture has been removed since it contained the Photobucket "upgrade your account" image.

            Comment

            • ldsbeaker
              No R3VLimiter
              • Aug 2004
              • 3098

              #7
              This stuff is awesome.
              Slicktop City!

              Comment

              • Massive Lee
                R3V OG
                • Sep 2006
                • 6782

                #8
                The senate just rejected the 700 billions plan. Yesterday, all over America, working class crowds threatened to pull another civil war. Banks are screwing us. Screw the banks now. And CEOs shall be brought to jail.

                The government has tried to make Americans believe that this Wall street crash was the same as the one from 1929 and that the working class is closely concerned. yeah. Sure. Sorry. Two different things. The 1929 crash was due to overproduction and then lack of buyers, leading to workers being slacked and nobody working. The new crash is due to virtual money (mortgages) disapearing to never show up ever simply because people were handed houses they couldn't afford. Banks thought they could make easy money. They lost.

                After the 1929 crash, it took America 10 years to recover with a money-making war. This last option has already been going on for a couple of years in Irak and Afghanistan and is costing a lot. So, what's the recovery solution now? Have every single American fork $3k to the Wall street mogulls to save them?
                Last edited by Massive Lee; 09-29-2008, 12:25 PM.
                Brake harder. Go faster. No shit.

                massivebrakes.com

                http://www.facebook.com/pages/Massiv...78417442267056





                Comment

                • Farbin Kaiber
                  Lil' Puppet
                  • Jul 2007
                  • 29502

                  #9
                  -777.88

                  Comment

                  • Vedubin01
                    R3V Elite
                    • Jun 2006
                    • 5852

                    #10
                    Originally posted by Massive Lee
                    The senate just rejected the 700 billions plan. Yesterday, all over America, working class crowds threatened to pull another civil war. Banks are screwing us. Screw the banks now. And CEOs shall be brought to jail.

                    The government has tried to make Americans believe that this Wall street crash was the same as the one from 1929 and that the working class is closely concerned. yeah. Sure. Sorry. Two different things. The 1929 crash was due to overproduction and then lack of buyers, leading to workers being slacked and nobody working. The new crash is due to virtual money (mortgages) disapearing to never show up ever simply because people were handed houses they couldn't afford. Banks thought they could make easy money. They lost.

                    After the 1929 crash, it took America 10 years to recover with a money-making war. This last option has already been going on for a couple of years in Irak and Afghanistan and is costing a lot. So, what's the recovery solution now? Have every single American fork $3k to the Wall street mogulls to save them?

                    Nail on Head!
                    Build your own dreams, or someone else will hire you to build theirs!

                    Your signature picture has been removed since it contained the Photobucket "upgrade your account" image.

                    Comment

                    • BrewCity11
                      R3VLimited
                      • Mar 2008
                      • 2335

                      #11
                      I've been reading numerous "Other ways to spend $700b" stories, and to be honest, i couldn't disagree with a single one of them.

                      Plus, anything GWB says or recommends, I naturally am against for some reason.
                      turk@gutenparts.com

                      Originally posted by Janderson
                      Properly placed zip ties will hold bridges together.

                      Comment

                      • rwh11385
                        lance_entities
                        • Oct 2003
                        • 18403

                        #12
                        Originally posted by BrewCity11
                        I've been reading numerous "Other ways to spend $700b" stories, and to be honest, i couldn't disagree with a single one of them.

                        Plus, anything GWB says or recommends, I naturally am against for some reason.
                        Those are great ways to find out who the numerous idiots in the country are.

                        $700B is not being "spent".

                        Comment

                        • DarkWing6
                          Moderator
                          • Apr 2004
                          • 7144

                          #13
                          Originally posted by Massive Lee
                          people were handed houses they couldn't afford
                          people bought houses they couldn't afford. both the banks and the home "owners" are at fault here. thats why both should take a dive. let people take credit for their own mistakes for once.

                          *oh, the big bad bank just forced a house on me i couldn't afford*
                          sigpic

                          Comment

                          • Massive Lee
                            R3V OG
                            • Sep 2006
                            • 6782

                            #14
                            Bankers have asked for years and years not to be under any regulation emanating from the governement. Now they want $700 billions from the same governement. One solution would be to sell out to the Chinese and Arabs, and sell $700 billions worth of America. That also means that foreign countries will come to control the US economy and governement at some time.

                            Originally posted by DarkWing6
                            people bought houses they couldn't afford. both the banks and the home "owners" are at fault here. thats why both should take a dive. let people take credit for their own mistakes for once.

                            *oh, the big bad bank just forced a house on me i couldn't afford*
                            So true. That's what I meant. Thanks. Bankers just looked the other way when analysing a buyer's info with bad credit...
                            Brake harder. Go faster. No shit.

                            massivebrakes.com

                            http://www.facebook.com/pages/Massiv...78417442267056





                            Comment

                            • BrewCity11
                              R3VLimited
                              • Mar 2008
                              • 2335

                              #15
                              Originally posted by rwh11385
                              Those are great ways to find out who the numerous idiots in the country are.

                              $700B is not being "spent".
                              Don't get me wrong, I don't agree to anything of the sort. Just that if they are going to develop 700b more debt, there are better ways of doing so.
                              turk@gutenparts.com

                              Originally posted by Janderson
                              Properly placed zip ties will hold bridges together.

                              Comment

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