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Woohoo. DOW breaks 9000 - in the wrong direction
CNN | 10/9/08 | staff

Posted on 10/09/2008 12:05:59 PM PDT by pissant

8995. Wow, I'm impressed how well socialism has helped the markets.


TOPICS: Business/Economy
KEYWORDS: 2008; bailout; bankinglist; communism; democrats; economy; financelist; moneylist; nobam08; obamaeffect; socialism; stocks; yetanothervanity
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To: prolifefirst

I saw a guy on here predict 5000 dow and 2000 for gold. I laughed. I’m not laughing now.


101 posted on 10/09/2008 12:29:15 PM PDT by refermech
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To: HereInTheHeartland

Salami! Baloney!!

“True, but there was not enough momentum to get them passed.”

The “mo” could have come from a 30 second “hell NO!!!” by John McCain, and he’d be 10 points ahead right now.


102 posted on 10/09/2008 12:29:24 PM PDT by fishtank (FIRST defeat Imam Mahdi Obama. - THEN resist McCain. -- A good plan.)
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To: pissant

Nice to know throwing money at this problem has worked sooooooo well. /s


103 posted on 10/09/2008 12:29:30 PM PDT by GOPJ (Derivative traders HAVE MADE MORE MONEY THAN EXISTS - Bailouts & rate cuts to ZERO won't work.)
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To: Petronski
Sentient razors boring into one’s flesh

Summer fashion.

flying skulls that gnaw on human infants

Winterwear.

Chainsaws are fashionable any time of year. Paris Hilton told me, "Chainsaws are HOT!"

104 posted on 10/09/2008 12:29:51 PM PDT by Lazamataz (Secondhand Aztlan Smoke causes drug addiction obesity in global warming cancer immigrant terrorists.)
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To: xcamel
There is a certain level of BDS on FR too... anything but putting the blame squarely where it belongs..

The blame belongs with both parties.

The GOP went along with no accountability with regards to giving Illegal Aliens sub-prime loans

Bush pushed the socialist bail-out scheme and McCain voted for it.

Let's try to be objective here, can we?
105 posted on 10/09/2008 12:30:02 PM PDT by SoConPubbie (GOP: If you reward bad behavior all you get is more bad behavior.)
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To: Uncle Ike; RSmithOpt; jiggyboy; 2banana; Travis McGee; OwenKellogg; 31R1O; Ken H; Gritty; ...

"Honey, we broke the stock market!"

The Money, Banking, and Financial Markets Ping List.

"Money, not morality, is the principle commerce of civilized nations."
—Thomas Jefferson

FR Keywords: moneylist, bankinglist, financelist

Please tag all relevant threads with the aforementioned keywords.

This can be a very high-volume ping list at times.

Ping list jointly pinged by rabscuttle385 and TigerLikesRooster.

To join the ping list:
FReepmail rabscuttle385 with the subject line add  moneylist.
(Stop getting pings by sending the subject line drop moneylist.)


106 posted on 10/09/2008 12:30:07 PM PDT by rabscuttle385 (Baldwin/Castle '08 - Gilmore for Senator from Virginia '08)
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To: Captain Kirk

I disagree.
http://www.freerepublic.com/focus/f-news/2092491/posts


107 posted on 10/09/2008 12:30:22 PM PDT by BGHater (The GOP, the new DNC.)
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To: pissant

>>Nah. Not with the dollar gaining against other currencies.<<

Yeah, deflation. The dollar is worth MORE.

I have said since September of 2006 that there are two ways out of this mess:

1. Deflation. This means depression.
2. Serious inflation to “monetize” this whole mess. It brings it’s own problems.

Fact is, the more they did to try to stop it, it only delayed, and exacerbated, the inevitable.

People have no idea just how bad we are at risk of this becoming. I am talking SERIOUS shooting war stuff here. Nations don’t collapse without a fight, and the WHOLE WORLD is in this mess.

God, I sincerely hope I am wrong!


108 posted on 10/09/2008 12:30:22 PM PDT by RobRoy (This is comical)
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To: refermech
I saw a guy on here predict 5000 dow and 2000 for gold. I laughed. I’m not laughing now.

My silver holdings are doing quite nicely today.

109 posted on 10/09/2008 12:30:23 PM PDT by politicket (Palin-tology: (n) - The science of kicking Barack Obambi's butt!)
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To: BGHater
I think restaurants, movie theaters, etc will be the next.

I'm guessing people's grocery baskets will be changing rapidly also. Premium items will be cut back.
People will be really watching every dollar right now.

110 posted on 10/09/2008 12:30:23 PM PDT by HereInTheHeartland (Help fight the left's anointed candidate, contribute and work for McCain/Palin..)
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To: Petronski
Maybe he meant 1000-points-gain in a single day for these combined:

:O)

111 posted on 10/09/2008 12:30:26 PM PDT by library user
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To: GraniteStateConservative
So, are you saying I should sell my stock in Cyberdyne Systems?

Cyberdyne is the only company that makes it.

Buy, hold, then join the 43rd Infantry Unit under Perry to defeat those metal sons-a-b****'s.

112 posted on 10/09/2008 12:31:11 PM PDT by Lazamataz (Secondhand Aztlan Smoke causes drug addiction obesity in global warming cancer immigrant terrorists.)
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To: Lazamataz
Chainsaws are fashionable any time of year. Paris Hilton told me, "Chainsaws are HOT!"

It's good to have you back Laz.

113 posted on 10/09/2008 12:31:13 PM PDT by NeoCaveman (Who is the real Barack Obama?)
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To: NeoCaveman

I’m the only weird one on this place.


114 posted on 10/09/2008 12:32:03 PM PDT by Lazamataz (Secondhand Aztlan Smoke causes drug addiction obesity in global warming cancer immigrant terrorists.)
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To: ArrogantBustard
Ving Rhames did pretty well with the shotgun in Dawn of the Dead.

Who am I to question that?

115 posted on 10/09/2008 12:32:25 PM PDT by Petronski (Please pray for the success of McCain and Palin. Every day, whenever you pray.)
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To: pissant
KILL THE BAILOUT PETITION
116 posted on 10/09/2008 12:32:37 PM PDT by TADSLOS (Elvis/Big Bopper 08! Blue Suede Shoes For All Americans!)
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To: RobRoy
Someone a few months ago said “A pendulum does not stop at equilibrium.”

That is why I am not going to panic. I know it will be back.


117 posted on 10/09/2008 12:32:42 PM PDT by darkwing104 (Lets get dangerous)
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To: pissant

Knew this was going to happen. Short selling ban ended today. The last half hour of trading is usually the bloodiest.


118 posted on 10/09/2008 12:32:49 PM PDT by jersey117
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To: Onerom99

If investors actually think polls are an accurate reflection of reality they deserve to lose their pants—what other bad decisions have they made?

This time in 2000, Algore was up 11.


119 posted on 10/09/2008 12:32:56 PM PDT by Terpfen (To all you knee-jerkers: remember Rick Santorum.)
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To: pissant
I got this from a poster at Marketwatch, and thought it was good:

MAY I HAVE THE KEYS TO YOUR HOME, PLEASE?

What do you mean, you don’t know me enough to trust me with the keys to the front door to your home, to your wall safe, and to all of your “Important Papers” that you have stored away?

I’ve been an American for all my life. Do you trust me now?

I’ve served in the military during the Viet Nam era. May I please have the keys to YOUR home now?

I’m a church goer…believe in the Bible…believe in God. How about now?

Well, if you won’t trust ME with the keys to your home, your wall safe and your secret, important documents, why in the world are you handing them over to someone who you know LESS? You are willing to give Obama the keys to your America, and you don’t know the guy!

Friends of his are anti-American. He grew up in a Muslim world, went to their Madrassas….loves the chant of the Islamic worshipers, and could be sympathetic to their cause. Surely this background (Louis Farrakhan, Jeremiah Wright, William Ayers, Franklin Raines, ACORN and the like) is not exactly a strong American patriot. He was a community activist a very short time ago. He ran for State Senate, but name one thing he did? Give him the keys to your America? “Trust him”, because that is all you have and that trust was given to you by the media – who you trust even less according to polls?

Look…my home has a plumbing problem. It’s persistent. It’s been persistent since my new plumbing crew, let’s call them Congressional Democrats, signed on to be plumbers two years ago. Since then, the leak in the house got really worse – so how can I blame the last plumber? My house didn’t leak then. Maybe a leak was going to happen, and maybe my old plumber warned me about the leak, but the new plumbing crew stood idle while the leak matured and started gushing. No preventative maintenance was done to my leaky plumbing. None.

So, now I want all new plumbers, and I’ll give the keys to a real Master Plumber who is known to solve leaky problems…..many times over…..someone I can trust…someone who has been a plumber for a long, long time, and who lived in America all his life.

You, on the other hand, want to give a total stranger…another so-called “Master Plumber” the keys to your home, your secrets, and your wealth because he told you to trust him….and he’d take care of everything for you. Yet, which of us has asked this Master Plumber for references? For credentials? For any sign that he really has the experience as a master Plumber to be able to fix the leaks once and for all…..?

Which of us would give this unknown, non-credentialed so-called Master Plumber the keys to our secrets, our home and our wealth…when all we have is a leaky toilet that is aggravating us?

120 posted on 10/09/2008 12:34:03 PM PDT by Defiant (With Barney Frank, a reach across the aisle just becomes a reach-around.)
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