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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: All

Who’s buying?


121 posted on 10/09/2008 12:34:10 PM PDT by McGruff (Sarah. We crave red meat. Red meat!)
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To: mysterio; bamahead
We should have a pool/raffle to guess where it will bottom out.

All things can go to zero.

Winner gets dictatorial Fed powers and a $400k spa retreat.

As long as that $400K is in silver dollars and not in Zimbabwean paper, it's all good.

122 posted on 10/09/2008 12:34:12 PM PDT by rabscuttle385 (Baldwin/Castle '08 - Gilmore for Senator from Virginia '08)
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To: darkwing104
That is why I am not going to panic. I know it will be back.

Unless our monetary system implodes on itselft. Even if it doesn't - the question is: "When will it be back?".

123 posted on 10/09/2008 12:34:22 PM PDT by politicket (Palin-tology: (n) - The science of kicking Barack Obambi's butt!)
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To: HereInTheHeartland
I think restaurants, movie theaters, etc will be the next.

Sports, too. The NHL starts the season tomorrow, the NBA in three weeks. Game day tickets are going to be easy pickings this year in many markets.

124 posted on 10/09/2008 12:34:26 PM PDT by buccaneer81 (Bob Taft has soiled the family name for the next century.)
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To: RobRoy
Looks like raw, unsalted deflation

Until we get to Weimar style inflation brought on by helicopter Ben, that is next.

125 posted on 10/09/2008 12:35:12 PM PDT by NeoCaveman (Who is the real Barack Obama?)
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To: NeoCaveman
Until we get to Weimar style inflation brought on by helicopter Ben, that is next.

We're headed for what is known as an "inflationary depression".

126 posted on 10/09/2008 12:36:02 PM PDT by politicket (Palin-tology: (n) - The science of kicking Barack Obambi's butt!)
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To: Petronski
Ving Rhames did pretty well with the shotgun in Dawn of the Dead.

Didn't the guy on the roof of the gun store use an AR-15 to shoot Jay Leno and Burt Reynolds?

127 posted on 10/09/2008 12:37:03 PM PDT by buccaneer81 (Bob Taft has soiled the family name for the next century.)
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To: All

Silver stocks are going through the roof right now.


128 posted on 10/09/2008 12:37:23 PM PDT by politicket (Palin-tology: (n) - The science of kicking Barack Obambi's butt!)
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To: politicket
We're headed for what is known as an "inflationary depression".

And who better to preside over it than Barack Jimmy Carter Obama?

129 posted on 10/09/2008 12:37:35 PM PDT by NeoCaveman (Who is the real Barack Obama?)
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To: politicket
Unless our monetary system implodes on itselft. Even if it doesn't - the question is: "When will it be back?".

I first jumped into the market after the crash of 1997. Survived 2003. I expect a bigger return in the nest few years...Think long term.


130 posted on 10/09/2008 12:38:41 PM PDT by darkwing104 (Lets get dangerous)
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To: Lazamataz
I’m the only weird one on this place.

Yup, most of the other characters have been zotted...

131 posted on 10/09/2008 12:39:25 PM PDT by NeoCaveman (Who is the real Barack Obama?)
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To: Terpfen
I channel surfed across a speech Plugs Biden was giving yesterday. In the background behind Plugs was a group of black women who apparently decided to copy Aunt Jemimah's style of dress. They were holding sings, that said: "Change we can count on".

Lord, please protect the United States.

132 posted on 10/09/2008 12:39:55 PM PDT by AxelPaulsenJr (God Save The United States From The Democrats. Amen.)
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To: library user

7000... Businesses are closing all around me and in the next few months will be truly astounding.. It’s mostly based on FEAR.. People don’t believe anything will help now and instead of holding tight, they are still selling off. Add to that the Banks, after having been bailed out, are holding onto the loot we gave them to keep business going. It’s truly out of control now!


133 posted on 10/09/2008 12:39:58 PM PDT by divine_moment_of_facts ( "The carnage of the free love generation has come home to roost.")
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To: Onerom99

What you said plus:

Didn’t help with bush-O-Socialist announcing he may nationalize some of our banks.

This whole mess has been planned for years and Bush, Paulson and others are part of the marxist takeover of America.

After we kill the bailout bill we need to try all the preps in this Coup and then HANG THEM ALL.

No tin foil hat required.


134 posted on 10/09/2008 12:40:02 PM PDT by stockpirate (US Congress just created the right to own slaves, problem is, we are the slaves.)
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To: pissant

“My God How the Money Rolls In!”
(or `The Wall Street Rag’)

Tenor, Sec. Henry Paulson, a capella

Chorus: the Democratic Party, GOP `Moderates’, the
Executive Branch and both presidential candidates

My grandpa makes book on the corner!
My mother makes second-hand gin,
My sister sells kisses to sailors...

Oh God how the money rolls in!

(Chorus:) Rolls in, rolls in, my God, how the money rolls in, rolls in!
Rolls in, rolls in, my God, how the money rolls in!

My mother’s a cathouse headliner
Each night when the action begins,
She hangs a red light in the window
My God, how the money rolls in!

(Chorus con brio!)

My sister makes cheap prophylactics
She pierces the end with a pin,
My father does quickie abortions
Oh my how the money rolls in!

Chorus

My brother’s a street-corner preacher
He saves wayward women from sin,
He’ll save you a blonde for five dollars
Wowee—how the money rolls in!

Chorus

My father’s a medical student
With instruments long, sharp, and thin,
He only does one operation.
You betcha the money rolls in!

Chorus, on-and-on


135 posted on 10/09/2008 12:40:15 PM PDT by tumblindice (and dats da name a dat tune)
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To: ArrogantBustard
If it comes to zombies, would you rather have a Remington 870 12ga, or an AR-15?

I'd rather have a chainsaw.

136 posted on 10/09/2008 12:40:45 PM PDT by Lazamataz (Secondhand Aztlan Smoke causes drug addiction obesity in global warming cancer immigrant terrorists.)
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To: pissant

this cannot be...we have been bailed out...someone did not get the memo...


137 posted on 10/09/2008 12:40:59 PM PDT by novemberslady
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To: politicket

There is a limited amount of silver out there.. I can’t believe silver is still as low as it is.


138 posted on 10/09/2008 12:41:51 PM PDT by divine_moment_of_facts ( "The carnage of the free love generation has come home to roost.")
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To: HereInTheHeartland

this is a GREAT review of what caused the financial meltdown.

The only thing missing is the Democraps FORCING the bank to make loans to unqualified borrowers.

http://docs.google.com/TeamPresent?docid=ddp4zq7n_0cdjsr4fn&skipauth=true&pli=1


139 posted on 10/09/2008 12:41:55 PM PDT by Mr. K (Some days even my lucky rocketship underpants don't help)
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To: darkwing104

Yes, and that is why I currently don’t own a home. When I see the pendulum start a “prolonged” swing back towards the middle, I’ll jump in with both feet. Good thing about a bottom (at least in housing) is that it painfully slowly climbs out of it, giving plenty of time to get in cheap.

Trying to find the bottom as it falls is the classic trying to catch a falling knife.


140 posted on 10/09/2008 12:42:19 PM PDT by RobRoy (This is comical)
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