Of course it’s down. These investers know that the same liberal democrats who caused this are still in charge, and they will very likely be in charge for 8 more years.
I thought the bailout was going to prevent this?
ONCE AGAIN THE INTENTIONS OF THE GOVT ARE NOBLE BUT END UP EXACTLY THE OPPOSITE!
Congress puked up that turd of a "bailout" bill last week. What did folks expect?
Beebers set to stune, standing by...
There are no financial problems. Not a single one.
I think we will see the biggest rally in the history of the market once people realize that McCain will win.
That said, today’s market certainly takes the Obama cavorts with Terrorist message off message for today.
BALLYHOO
(Phil Spitalny & His Orchestra, Hit of the Week, October, 1931)
Sure, business is bunk,
And Wall Street is sunk,
We’re all of us broke, and ready to croak.
We’ve nothing to dunk,
Can’t even get drunk,
And all the while, they tell us to smile:
Cheer up, gentle citizens, though you have no shirts,
Happy days are here again. Cheer up, smile, nertz!
All aboard prosperity, giggle ‘till it hurts!
No more bread-line charity. Cheer up, smile, nertz!
Cheer up, cheer up, cheer up, cheer up, cheer,
Up, cheer up, cheer up, cheer, better times are here.
Sunny smilers we must be, the optimist asserts,
Let’s hang the fat-head to a tree! Cheer up, smile, nertz!
The world’s in the red,
We’re better off dead,
Depression, they say’s in session to stay.
Our judges are queer,
Our banks disappear,
And all the while, they tell us to smile:
Cheer up, gentle citizens, though you have no shirts,
Happy days are here again. Cheer up, smile, nertz!
All aboard prosperity, giggle ‘till it hurts,
No more bread-line charity. Cheer up, smile, nertz!
Cheer up, cheer up, cheer up, cheer up, cheer,
Up, cheer up, cheer up, cheer, better times are here.
Sunny smilers we must be, the optimist asserts,
Let’s hang the fat-head to a tree! Cheer up, smile, nertz!
Nertz!
So government doesn’t work, even on bailouts for problems they caused....who knew?
Thanks George Bush.
Thanks McCain.
You might as well raise the retirement age to 90, cause I ain't gonna be able to retire before then.
And Down we go.
See you at 7700
We need a drop of 1000 points to equal Europe’s pain. Can we do it? Will we do it?
Well thank goodness the former CEO of Goldman Sachs, Mr Paulson gave us the $700 billion bailout and that congress added on $112 of pork! That solved the problem. /s
The markets could have done this without the taxpayers being stuck with the added debt!
Manufactured crisis to promote an agenda predicted by Yuri Brezmenov that has gotten out of control for the Marxists. And because we are the greatest nation on earth and have such impact, it has affected the world in general. Thanks Democrats!
http://www.dailymotion.com/video/k6KUDv1wzraWhwlBt1
Major kudos for correct usage!
Face it folks, this $700B was just to get us through the next election cycle in November. These ass clowns have one thing on their small minds- keeping their elite status, albeit as the governing body of a soon-to-be third world country.
Stealing from Main Street, giving to Wall Street.
What, removing capital from, and moving risk to the blameless didn't work?
Horrors.
Who ya gonna steal from next, Paulson?
S&P 500 has broken support at 1080 level and going down. Next stop is 960 level. I would like to see it stop there but good chance it goes to 770 level where it bottomed in 2002.
Is this the actual headline?
Most here knew this would happen, which is why the bailout was flat out wrong. Watch. The Dems will ask for ANOTHER bailout. Screw them all.