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Charles Krauthammer: Wall Street Will Vote at 9:30 AM Friday
Fox News Channel

Posted on 09/25/2008 5:12:03 PM PDT by GreyWolf

Krauthammer just said on FNC that if the "bailout" is not resolved tonight, the market will vote at the opening bell Friday.


TOPICS: Government; Politics/Elections
KEYWORDS: 110th; bailout; financialcrisis; govwatch; krauthammer; mccain; moneylist; obama; wallstreet
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To: dartuser
And the smart money will be getting in tomorrow.

;-)

21 posted on 09/25/2008 5:26:58 PM PDT by Nervous Tick (I've left Cynical City... bound for Jaded.)
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To: GreyWolf
Wall Street Will Vote at 9:30 AM Friday

Wall Street will vote?

What exactly is Wall Street voting on?

22 posted on 09/25/2008 5:27:25 PM PDT by dragnet2 (We are witnessing the biggest expansion of government in American history)
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To: Crimson Elephant

>> Crash.

Then sell.


23 posted on 09/25/2008 5:27:44 PM PDT by Nervous Tick (I've left Cynical City... bound for Jaded.)
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To: GreyWolf
Better the corporations have their vote on Wall Street than them having their way with "We the people" against our will in our halls of Congress. Never buy your goods from high pressure sales-persons. If Wall Street falls even in the next week and the bailout didn't go through then it would have failed anyway WITH our Trillion in someone elses pockets. Namely the ones who caused this to start with. I say call the bluff.
24 posted on 09/25/2008 5:29:16 PM PDT by cva66snipe ($.01 The current difference between the DEM's and GOP as well as their combined worth to this nation)
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To: Cousin Eddie
BS. You want to bail out Wall Street thieves, deadbeat homeowners, foreign banks, credit card defaulters and student loan frauds? Then do it with your money and leave mine alone.

Writing a blank check for a trillion dollars to a democrat Congress led possibly by a marxist POTUS in 4 months is something I'm not interested in.

25 posted on 09/25/2008 5:32:49 PM PDT by jwalsh07 (MSM Lied, Journalism Died. RIP 2008)
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To: padre35
Looookkkkkk....oooouuuutttt.....beellloowwwww...

Cripes, there will be blood in the streets tomorrow.

Maybe thats for the best. i've felt that the stock market has held us hostage for a year and a half now. Interest rates have been cut...but that diesn't seem to satisfy the pigs on Wall Street. Fannie Mae and Freddie Mac have been bailed out...but that doesn't seem to satisfy the pigs.

Let the stock market tank...the pigs on Wall Street have a lot more to lose than the average man. The pigs will have to give up their 8 martini breakfasts while the rest of us will still be eating Wheaties. I'm tired of the stock market trying to dictate everything in this country.

26 posted on 09/25/2008 5:34:31 PM PDT by NRG1973
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To: jwalsh07

Who are we really providing welfare to? The banks on Wall Street made awful business decisions, but these decisions came about in large part because deadbeat home owners bought homes they couldn’t afford. And let’s not forget about all of these deadbeat “developers” who have thrown a lot of cash around (especially here in PA). These people had awful business plans, built condos and shopping centers nobody wanted and when it was clear they couldn’t be sold, abandoned the property and stiffed the banks.

This whole mess is due to the fact that we built our economy on debt. We were like the grasshopper who fritted away the summer and come winter has no food. Well, fall is here and our cash pantry is bare. Now we all have to pay the price.


27 posted on 09/25/2008 5:34:51 PM PDT by GodBlessAmericaKD (Who is John Galt?)
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To: Cousin Eddie

I am with you — I don’t understand why people won’t take this seriously and want to wait to see the markets crash and retirements wiped out not to mention jobs everywhere. Plenty of time to assess blame but right now there must be a solution before the markets go into a tailspin on Monday.

It is like hitting your head against a brick wall. Americans are depending on the Congress and President to do something and the Dems are playing politics as usual and people are in here are saying no bailout. It is not a bailout for Wall Street like you said, it is a bailout for Americans and without it, it is going to be really bad.


28 posted on 09/25/2008 5:35:02 PM PDT by PhiKapMom ( BOOMER SOONER -- VOTE FOR McCAIN/PALIN2008! LetsGetThisRight.com)
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To: dragnet2

What exactly is Wall Street voting on?
~~~
That’s what I wanna know!!!

I’ll vote now,,,

No Bail-Out!

Let It Burn...


29 posted on 09/25/2008 5:35:16 PM PDT by 1COUNTER-MORTER-68 (THROWING ANOTHER BULLET-RIDDLED TV IN THE PILE OUT BACK~~~~~)
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To: BGHater
Mr. Krauthammer forgot we live in a global economy.

We also live in a nation with a Constitution which limits the powers of government to what is specified in writing. Neither Congress, POTUS, nor Judicary has the authority to authorize this bailout. The return to these principles may hurt a bit but in the long run will insure the survival of our nation. Remember also that POTUS Washington warned us about entanglements.

30 posted on 09/25/2008 5:36:01 PM PDT by cva66snipe ($.01 The current difference between the DEM's and GOP as well as their combined worth to this nation)
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To: crymeariver

I am investing in Freerepublic.com


31 posted on 09/25/2008 5:36:01 PM PDT by longtermmemmory (VOTE! http://www.senate.gov and http://www.house.gov)
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To: NRG1973

There are an awful lot of average Americans who have their 401Ks invested in Wall Street stocks. If the stock market tanks, those baby boomers will have to work a few extra years, holding jobs that would be opening up for younger employees.


32 posted on 09/25/2008 5:37:37 PM PDT by Eva (CHANGE- the post modern euphemism for Marxist revolution.)
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To: NRG1973

Say hello to President Obama, a free trade/open market fan to be sure.


33 posted on 09/25/2008 5:37:37 PM PDT by padre35 (Sarah Palin is the one we've been waiting for..Rom 10.10..)
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To: Cousin Eddie

Couldn’t have said it better myself.


34 posted on 09/25/2008 5:37:47 PM PDT by cammie
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To: HokieMom

Vote for what?
______________________
The market will tank very early, right on cue, and panic will set in. We’ll hear horror stories of what’s to follow because of the Republicans. New York Times will have 2,000 negative stories on the front page, all predicting doom and gloom because of McCain’s unwelcome involvement. In the end we’ll end up getting a plan that guarantees nothing, is only a partial patch that doesn’t address most of the issues important to the American people or the financial community.
Congress will declare the problem solved and go home for another extended break.


35 posted on 09/25/2008 5:39:36 PM PDT by Joan Kerrey
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To: Cousin Eddie

Sadly, too many do not see it that way. They don’t understand, or don’t want to understand, the impact of a deflating economy.


36 posted on 09/25/2008 5:40:00 PM PDT by Chet 99
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To: GreyWolf
I was watching CNBC with Larry Kudlow and one of the Wall Street Guru's stated Wall Street would not be happy with government inaction.

This industry that espouses free markets is no such thing.

They are frauds looking for an easy mark to cover their arse when they lose.

This country needs to give Wall Street a swift kick in the arse and think about other ways than Wall Street to run its financial affairs.

37 posted on 09/25/2008 5:41:25 PM PDT by Lonely Are The Brave
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To: GodBlessAmericaKD
More BS. I have no debt. You want to know why? Because I busted my ass my whole life paying as I went. So now that I've paid for my home, my goods, my cars and my kids education I have to bust my ass for another 15 years paying for somebody else that lived the high life in homes and cars they couldn't afford while sending their kids to school on the public dime?

Nope, I'm done with this shit. No more compassionate conservatism here. No more allowing the government to fix what the government effed up and then thanking Chris Dodd and Barney Frank for forcing banks to lend to poor credit risks so they could save me from the beast. They are the damn beasts.

38 posted on 09/25/2008 5:41:25 PM PDT by jwalsh07 (MSM Lied, Journalism Died. RIP 2008)
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To: GreyWolf

Markets already know the bill may be all but dead. S&P E-mini futures are only down about 15 pts, a little over 1%. If it was as catastrophic as the Wall Streeters wanted you to believe, futures would be off 60 pts at least.

On trading desks there’s a saying: If you don’t know who the sucker is in the room, you’re it. Taxpayers are now realizing they’re the sucker.


39 posted on 09/25/2008 5:41:34 PM PDT by Thane_Banquo (You can put lipstick on a donkey, but it's still just a jackass.)
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To: PhiKapMom

“Plenty of time to assess blame”

Yup. Imagine if you will that some fool falls asleep in his bed with a cigarette and his house burns. Do we say to the fire department - don’t put out that fire because the fool brought it on himself, or do we look at the fact that if it isn’t put out, it will spread to the entire neighborhood?


40 posted on 09/25/2008 5:41:57 PM PDT by Chet 99
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