Stock Market Taking Another Shit Today

[Danny]

Would shut the hell up with this  Obama garbage, You voted for Bush we get it. Just because Bush was clearly a idiot don't try to put Obama on that scale. Sure he's nothing amazing, he's just a guy, but we do have to spend, and we all have to pay off massive debts, and we all gotta stimulate the economy. It's a big fuckery game. The republicans are the ones that started this mess. Not that i'd ever vote for either of your clown parties but that's what it is.

Long short answer is it's complicated. Your economy needs to go through a large transition, to ever function properly. You got over 30 years of lapse managing of the banks. Just look at your neighbors to the north. They got fixed liquidity of their banks which clearly needs to be must at this point. Not that i'd ever wanna live in a socialist state.

COMMUNIST!!!!!!!!!!!!!!!!  ..no...??yes...???maybe??? (that is sarcasm just in case meaning of my post gets lost in translation) 

[BayGBM]

That's okay, Bay. It's not like someone will judge you by your credit score or anything.

Yes, they will.  Fortunately, my credit score remains excellent. 

[brooklynbruiser]

Yes, they will.  Fortunately, my credit score remains excellent. 

Just a matter of time...a matter of time...*insert evil echoing laugh*

[ManBearPig...]

Would shut the hell up with this  Obama garbage, You voted for Bush we get it. Just because Bush was clearly a idiot don't try to put Obama on that scale. Sure he's nothing amazing, he's just a guy, but we do have to spend, and we all have to pay off massive debts, and we all gotta stimulate the economy. It's a big fuckery game. The republicans are the ones that started this mess. Not that i'd ever vote for either of your clown parties but that's what it is.

Long short answer is it's complicated. Your economy needs to go through a large transition, to ever function properly. You got over 30 years of lapse managing of the banks. Just look at your neighbors to the north. They got fixed liquidity of their banks which clearly needs to be must at this point. Not that i'd ever wanna live in a socialist state.

At what point does it stop being Bush's fault and starts being Obama's fault?

[Lundgren]

At what point does it stop being Bush's fault and starts being Obama's fault?

Well the blame game is usually quite pointless on the scale of a global meltdown, however bush is a bit of an exception. He waged the USA, into 2 wars, that cost more than the bailout itself. I could go on and on about how him and his small group of friends did a massive amount of damage. Obama has done very little in either direction, he's simply doing what he's told will stop catastrophe. I'm not defending Obama he's just another prick in Office. However Bush was clearly one of the most amateur presidents ever. 

[jtsunami]

Well the blame game is usually quite pointless on the scale of a global meltdown, however bush is a bit of an exception. He waged the USA, into 2 wars, that cost more than the bailout itself. I could go on and on about how him and his small group of friends did a massive amount of damage. Obama has done very little in either direction, he's simply doing what he's told will stop catastrophe. I'm not defending Obama he's just another prick in Office. However Bush was clearly one of the most amateur presidents ever. 

x2, do you guys not remember the amount of debt Bush got us into and you complain about President Obama's healthcare bill or some other small change compared to what Bush spent and you didn't say anything.

[The Abdominal Snoman]

At what point does it stop being Bush's fault and starts being Obama's fault?

So if the feds take over the oil spill clean up but can't figure out how to fix it. Does that let BP off the hook?

[Coach is Back!]

"Bush was one of the most amaturish presidents ever" yeah, it really sucked when unemployment was 4% the market was at 14000!!

[20inch calves]

"Bush was one of the most amaturish presidents ever" yeah, it really sucked when unemployment was 4% the market was at 14000!!

i have to agree. bush was not as bad as everyone thought. if bush pulled half of what obama has tried to pull bush would have been impeached

on a side note. the media always talked about bush going down to his ranch while in office..obama has went on 14 golf outings already compared to bushs 2. also obama has visited chicago how many times? i am not pro bush but everyone has to admit the media takes care of obama.

[pro nitrousADRL]

bam bam can blame bush for the economy up until the day he signed the stim bill, at that point he owned it,  he even said and i quote    ( the buck stops with me)!!!!  its not g.w.b. fault obama will never have a 5% unemployment rate, thats on bam bam husseins shoulders

[kawaks]

Seriously.  who cares.  The stock market is a billionaires playground.  Once you know the right people you can make money in it, otherwise who the fuck cares.

Like I said many times before.  A company that makes $10,000 a year but is worth $1million on the stock market is bullshit.  The whole system is bullshit.

Well, it aint as bad as Tuesday's rout!

Dow futures index is currently trading down -24 at 9747
Down -369 points for the week!
A loss of -1235 points since its high of 11,205 way back in late April!

You'd be making a killin' too if you shorted at 11,000 ;-0

Work? What work lol

[240 is Back]

"Bush was one of the most amaturish presidents ever" yeah, it really sucked when unemployment was 4% the market was at 14000!!

the market does well and people have jobs when there are 2 wars going on at once.

the best way to save any economy (for a couple of years) is to start a war.

history shows the best way to get out of any recession/depression is to start a war.

The problem is, it's not sustainable.  You have to end the war and TAKE a ton of prize from the loser, or you end up in a deeper hole than before.  We coudlnt exactly screw Iraq like we did GER at the end of WWI and WWII... If we could, if it was "USA OIL" on their refineries, we'd be going great $$$ right now.  However, pre-emptive wars for "WMD" mean you can't just slice up the country's resources like we did before when GER and JAP outright attacked.

[Coach is Back!]

the market does well and people have jobs when there are 2 wars going on at once.

the best way to save any economy (for a couple of years) is to start a war.

history shows the best way to get out of any recession/depression is to start a war.

The problem is, it's not sustainable.  You have to end the war and TAKE a ton of prize from the loser, or you end up in a deeper hole than before.  We coudlnt exactly screw Iraq like we did GER at the end of WWI and WWII... If we could, if it was "USA OIL" on their refineries, we'd be going great $$$ right now.  However, pre-emptive wars for "WMD" mean you can't just slice up the country's resources like we did before when GER and JAP outright attacked.

Mmmm, those numbers were during a war.

[BayGBM]

Just a matter of time...a matter of time...*insert evil echoing laugh*

Save your laughs for Methyl Mike and other delinquents. 

[Voice of Doom]

 

  This is simply the elite's reaction to the G20 announcement that they would pull back on their trend of inflating the markets through public debt in 2011.  60% of market moves these days are done by handful of insiders.  The market isn't "free" or a "barometer" of the real economy.  It's a reflection of the financial oligarch's happiness with current government policy.  It can be "crashed" or "raised" whenever they want it to be. 
  The blathering at the mouth about right/left gamesmanship are only obliging the elites who profit while the masses turn on each other.

[El Diablo Blanco]

"Bush was one of the most amaturish presidents ever" yeah, it really sucked when unemployment was 4% the market was at 14000!!

Did you really say this?  that whole economy was built on a pyramid scheme to the extreme.  Those were purely false numbers with no long term sustainability.  Oh my god you are seriously the dumbest person in the world if you believe what you just posted.

[tbombz]

our entire economy is built upon a flawed premise and nobody wants to acknowledge it (those who realize it)

[Coach is Back!]

our entire economy is built upon a flawed premise and nobody wants to acknowledge it (those who realize it)

You mean the flawed premise of capitalism that has been successful in our country for some 230 years that made us the economic superpower we are? (or should I say was) you mean that flawed premise? There are flaws in EVERY system, some just work a lot better than others!!

[jtsunami]

"Bush was one of the most amaturish presidents ever" yeah, it really sucked when unemployment was 4% the market was at 14000!!

he road that in from Clinton and you know it, you do know Bush is the one who started this whole war and depression right?  The market may have been at 14000 while he was president and unemployment at 4%, but he made sure he fucked it all up before he was done

[Coach is Back!]

Were you even born then? Even if you were you're an idiot. About the last year and half of Clintons presidency we were heading into a resession, Bush was the one who pulled us out and also had the biggest up swing in 20 years, we even had growth during wartime.

[Coach is Back!]

Keep reading your public school left wing rag teachings, your one of the ones (and Tbombz) who they lured in hook line and sinker.

[Emmortal]

Were you even born then? Even if you were you're an idiot. About the last year and half of Clintons presidency we were heading into a resession, Bush was the one who pulled us out and also had the biggest up swing in 20 years, we even had growth during wartime.

Biggest up swings into the biggest down swing all in one term.  That's fucking historical.

FYI:

http://rawstory.com/rs/2010/0701/nations-leading-presidential-scholars-bush-worst-president-modern-era-5th-worst-history/

It's one thing for a coterie of liberals at a late-night Washington soirée to say that George W. Bush was the worst president in their lifetimes.

It's another thing when the same is said by the nation's 238 leading presidential scholars, who have been polled annually for the last 28 years.

President Bush ranked worst among modern presidents -- and the fifth worst in history, according to the poll by the Siena Research Institute. Ranking first? President Franklin Delano Roosevelt, who led the country from 1933 until his death in 1945.

President Roosevelt served four terms, the longest of any president in history. US presidents became limited to two terms after US states ratified the 22nd Amendment to the US constitution in 1951.

President Barack Obama, who hasn't yet served a full term, rated 15th.

[Coach is Back!]

Biggest up swings into the biggest down swing all in one term.  That's fucking historical.

FYI:

http://rawstory.com/rs/2010/0701/nations-leading-presidential-scholars-bush-worst-president-modern-era-5th-worst-history/

LOL..."rawstory.com" is a liberal rag, what do you expect? Who are these "238 presidential scholars" they speak of? Bush's legacy is still in the making and I'll bet $100 right now you libs will be proven wrong (actually you already have been). I'll admit he fucked up to my dislike the last couple of months of his presidency. But I know high school kids who can do better than this clown..LOL.

[RJ DRIVER]

buy silver

Are you buying physical silver or silver shares?

[jtsunami]

Were you even born then? Even if you were you're an idiot. About the last year and half of Clintons presidency we were heading into a resession, Bush was the one who pulled us out and also had the biggest up swing in 20 years, we even had growth during wartime.

and left it more fucked up than anyone could have imagined, now we have savior Obama who will bring us back into the lime light with more government rules to help stop these corporations from rapping the average American.