I started to suspect something fishy when I saw $140 BILLION for ACORN
Can you imagine what they could to with $140 BILLION DOLLARS?
THEY COULD STEAL THE ELECTION IN EVERY SINGLE PRECINCT
Who’s worried? I’m in it for the long haul!
Perhaps monday??
..I am over 70 years old. One thing that I learned over the years is that there is nothing, other than open wound, which must be "fixed right now" or dire consequences will happen. I suspected when all the financial muckety-mucks and sadly, our President, tried to scare the shiite out of all of us...that there were a lot of CYA's, preservation of wealth, and protection of wealthy friends...good ol boys, if you will....going on.
All these people probably have a lot of their wealth invested in real estate which was acquired during the "run-up" and if the real estate market settles at 50%, a lot of these people will have to sell their G-5's and downsize into an old Citation....and have to move from a 8 million house to a 1.5 million house..
....oh the horrors of it all
Lot of commercials on the radio today offering credit.
This will blow over. It is a wake up call for lazy law makers. Middle class will be quite angry and let it be know to the above Lazy Law makers.
Wait till Monday, you ungrateful SOB, don’t you know we’re trying to help the country? Just because Goldman Sachs went up with Buffett waiting in the wings, and just because I used to be CEO doesn’t mean....uh, wait - Yours, Paulie.
PS, I swear I’m not trying to help my old frat buddies, my yachting buddies, my golfing buddies, my board that gave me gazillions.
I’m doing it for the WORLD. I’m unselfish, I’m pure.....
"Black Tuesday" is still very much possible it now seems, because all that optimism has now disappeared. Even if a deal is reached over the weekend, its terms will determine how the markets start the week.
While the Dow, a 30-stock index, rose 121.07, or 1.10 percent, Broader indicators were mixed. The Standard & Poor’s 500 index rose 4.09, or 0.34 percent, to 1,213.27, and the technology-heavy Nasdaq composite index fell 3.23, or 0.15 percent, to 2,183.34.
Declining issues outnumbered advancers by more than 2 to 1 on the New York Stock Exchange, where volume came to 1.17 billion shares.
For the week, the blue chip average lost 2.15 percent, the Nasdaq declined 3.98 percent and the Nasdaq fell 3.33 percent.
Fridays trading saw technology shares falling sharply, Research In Motion Ltd. makers of BlackBerry, stocks fell $25.45, or 26 percent, to $72.08.
Banks- Wachovia Corp. fell $3.70, or 27 percent, to $10, while National City Corp. fell $1.28, or 26 percent, to $3.71.
Light, sweet crude fell $1.13 to settle at $106.89 on the New York Mercantile Exchange.
Gold prices rose.
The Russell 2000 index of smaller companies fell 0.95, or 0.13 percent, to 704.79.
Japan’s Nikkei stock average fell 0.94 percent.
Britain’s FTSE 100 fell 2.09 percent.
Germany’s DAX index fell 1.77 percent.
France’s CAC-40 fell 1.50 percent.
So, other than a couple large foreign financial companies lifting the DOW, things don't look that good at all. Monday can still see banks stall, the markets closed, and another"black Tuesday" very much a posibility, even WITH some sort of bail out deal.
Here’s my visit to the bank today:
4:02 Called bank and a pleasant **human** voice answered on the second ring. I said hi and she pulled up my account without bothering to have me chase down the number. She said she’d handle it over the phone but they’d be open for another hour if I felt better about coming in.
4:08 I arrived at the bank. Four tellers’ cars were parked in the back and there was one customer in the drive thru. I walked in to find I was the only customer in the bank. Three tellers rushed to help. We chatted about tonight’s football game and I finished my business in no time.
4:14 I pulled out of the parking lot as another car was pulling in.
Whew! Talk about a run on the banks today!!! Oh, the humanity!!! The sky is falling!!!
save for later