Dow Plunges -500 Points in first 5 minutes!.....

moneycentral.msn.com ^ | 10/24/2008 | Barney Frank

[Joan Kerrey]

Obama and his band of Chicago thugs are not experienced enough to handle this mess.
______________________________
Depends on your definition of “handle”. Some would consider Chicago well experienced in corruption, extortion and inept policy making.

[Red Badger]

“Soon I will buy bargains.”

http://finance.google.com/finance?client=ob&q=NYSE:WM

[Red Badger]

Here’s another great bargain:

http://finance.google.com/finance?client=ob&q=NYSE:FNM

[OneWingedShark]

Ever note how when you’re using a plunger the water level rocks back and forth?

[Boardwalk]

LOL

[Red Badger]

Oh, and here’s a really great bargain!:

http://finance.google.com/finance?client=ob&q=NYSE:LEH

[CSM]

Yep, those that live via envy are all about “screwing big corporations.” I tell those idiots to have at it, then I ask them if they have a 401K. When they affrim my suspicion then start a tyrade against how it is losing money, I tell them “welcome to punishing big companies. See your 401K reduction, that is the punishment you want so bad!” They still can’t grasp they are big corporations.

[Red Badger]

Here’s another nifty little nugget of truth to rock their world:

THE LARGEST HOLDERS OF PUBLICLY HELD STOCK IN AMERICA ARE PENSION FUNDS!!!!!!!!!

Screw the “big corporations”?.....that’s UNION PENSION FUNDS they are “screwing”!!!!

[mdmathis6]

Wow..I checked out that web site and after about 10 turns of the mouse wheel I stopped counting after 150 million dollars worth of fraud cases and folks getting busted...

I can see why there is such hysteria in trying to get Obama
elected, some very high ups want political cover and they are willing to crash this country just to get that cover!

[dfwgator]

Yep, those that live via envy are all about “screwing big corporations.” I tell those idiots to have at it, then I ask them if they have a 401K. When they affrim my suspicion then start a tyrade against how it is losing money, I tell them “welcome to punishing big companies. See your 401K reduction, that is the punishment you want so bad!” They still can’t grasp they are big corporations.

Reminds me of that commercial where the CEO says, "I can't wait to stick it to 'The Man.'" Then his assistant points out to him, "But you ARE 'The Man', so you'd be sticking it to yourself."

[Boardwalk]

I’m more into a real estate frame of mind these days.

[CSM]

Good one, I’ll have to remember to remind them of that.

Thanks.

[TrevorSnowsrap]

“With fear of many companies being nationalized by an Obama administration...”

Hmmm, the only ones I've heard about are the possibility of the nationalization of banks by the Bush administration.

Is Obama really pushing for the nationaization of other industries?

Do you know of an online policy statement of his concerning this?

[Joan Kerrey]

Is Obama really pushing for the nationaization of other industries?
_______________________________________
He’s a marxist, at the very least a socialist. Spread the wealth and automatic unionization of industry and his general views on business vs. labor should be a good indication as to where he’s at. Nationalization follows.
Obama is in favor of controlling industry in favor of labor. He’s for punishing wealth, not creating it.

[darth]

What we are seeing is a classic Asset Bubble and resulting Panic. The values of stocks, real estate, and commodities were bid up to absurd levels. This a world wide phenomenon, not just a result of the the subprime mortgage debacle. Now is the time that great fortunes are made. Assets, especially stocks, have been depressed beyond their real value. Buy when there is blood in the streets. There may be some on November 5th.

[Scythian]

Dow drops? What, is McCain gaining in the polls again /sarcasm, well no, that’s true actually