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tommat

Stock Market Crashes....

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We need to clean house in DC and the state capital. Vote everyone of these leeches out. Start over from scratch. Institute term limits and get a balanced budget amendment passed. We obviously cannot trust these dill holes to balance it on their own.

 

Hate to say it, but maybe a long recession or deep depression is what it will take for people to wake and take their country back from people that have only one agenda.....getting re-elected.

 

Amen to that one brother!

 

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We need to clean house in DC and the state capital. Vote everyone of these leeches out. Start over from scratch. Institute term limits and get a balanced budget amendment passed. We obviously cannot trust these dill holes to balance it on their own.

 

Hate to say it, but maybe a long recession or deep depression is what it will take for people to wake and take their country back from people that have only one agenda.....getting re-elected.

 

Amen to that one brother!

 

 

+1.

 

Finally they got something right. I was quite proud of the republicans for saying no to socialism. the dollar is already screwed, this woulda just made it that much worse... and all those people saying something has to be done are dead wrong. the austrian economists have been talking about this for years. we need less government intervention, and let the market work itself out.

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Isn't that McCain's stance on the pork? And always has been?

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what don't you understand jamaro? they couldn't even get enough democrats to vote yea on this piece o' crap. the president can initiate anything he wants, but if it doesn't pass, it's worthless. from what i read, they didnt' need even one republican vote, and still couldn't get it to pass. sounds like some pretty weak leadership. that and 90% of the voting public is against it and the politicians are more worried about getting re-elected than anything else. the bill is nothing but a blank check with no limitations to be handed to the former ceo of goldman sachs to hand out as welfare to his billionaire buddys. the ones that caused this stupid assed situation to start with. i'm almost on the fence on this deal. something i very seldom can say. yeah, there needs to be some sort of bailout in order to keep a lotta small businesses from tankin', but at the same time i can also say screw all the idiots that bought into these stupid loans, on both sides, and not feel bad about it. the guys that loaned the money to folks that couldn't make the payments and the morons that took out the loans and mortgaged their homes 125% so they can buy boats and cars and take vacations and crap that they hafta pay on for 30 years and pay rolling interest on. this crap all started with clinton leaning on loan companys to let out bad loans so folks that couldn't afford it could buy houses. it jacked up the appraisal to phony amounts so folks sold and bought an even bigger house, that they still couldn't afford. heck, i refinanced a few years ago and they tried to loan me almost twice what my house is really worth now. if i'da fell for it, i'd be in the same boat. pelosi and read are about as dumb as anyone i've ever seen. i really don't think they have enough intelligence to write anything. watch em on tv. they are truly dumb, uninspired people. bush is wanting anything right now to keep the economy from tanking more. but everything anyone has tried to float so far is nothing but welfare for billionares and the voters know it and have raised heck with their congressmen about it. next to nothing will ever be seen by the folks that are gonna lose their homes in this mess. when the market hit 14000, i sold. i knew it wasn't going anywhere but down from there. i'm real glad i did. remember one thing, the stock market is not the economy. during all this crap the past few months, the economy has actually grown. the stock market hasn't, but the actual economy has. the stock market is guys trying to make fast money on the economy, without working. the economy is guys making money by working hard. by making a product to sell. the stock market is a parasitic organism that is attached to the economy. the economy doesn't rely on ready loans and fast credit. good business is built on assets and cash flow. the guys relying on all the easy credit and fast loans are the guys that are in trouble, because all the sudden they can't get the money to pay off last weeks loans. it's a pyramid scheme that has reached the top. this is gonna be interesting to watch, but i really don't think that this giant corporate welfare bailout deal is gonna help in the long run. it will just postpone things. but i do think that a guy is gonna be able to make a buncha easy money on this deal, if the billionare welfare plan ever passes. Lark.

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what don't you understand jamaro? they couldn't even get enough democrats to vote yea on this piece o' crap. the president can initiate anything he wants, but if it doesn't pass, it's worthless. from what i read, they didnt' need even one republican vote, and still couldn't get it to pass.sounds like some pretty weak leadership.

What you are saying makes no sense... IT was BUSH'S Plan... He is supposed to lead and bring the votes to the table... HE didn't... He failed to lead...

 

that and 90% of the voting public is against it and the politicians are more worried about getting re-elected than anything else. the bill is nothing but a blank check with no limitations to be handed to the former ceo of goldman sachs to hand out as welfare to his billionaire buddys. the ones that caused this stupid assed situation to start with. i'm almost on the fence on this deal. something i very seldom can say. yeah, there needs to be some sort of bailout in order to keep a lotta small businesses from tankin', but at the same time i can also say screw all the idiots that bought into these stupid loans, on both sides, and not feel bad about it. the guys that loaned the money to folks that couldn't make the payments and the morons that took out the loans and mortgaged their homes 125% so they can buy boats and cars and take vacations and crap that they hafta pay on for 30 years and pay rolling interest on. this crap all started with clinton leaning on loan companys to let out bad loans so folks that couldn't afford it could buy houses. it jacked up the appraisal to phony amounts so folks sold and bought an even bigger house, that they still couldn't afford. heck, i refinanced a few years ago and they tried to loan me almost twice what my house is really worth now. if i'da fell for it, i'd be in the same boat. pelosi and read are about as dumb as anyone i've ever seen. i really don't think they have enough intelligence to write anything. watch em on tv. they are truly dumb, uninspired people.

Yes, alot of stupid loans were given out, that is obvious. heck, I was approved for a $2 million dollars but I didn't even think about going down that road. I don't need a house/loan that big. To be honest I could care less if people lose there houses. They made the decision to overextend themselves.... BUT when there houses start getting foreclosed on it effects my homes value and it starts to put stress on the credit system.

 

bush is wanting anything right now to keep the economy from tanking more. but everything anyone has tried to float so far is nothing but welfare for billionares and the voters know it and have raised heck with their congressmen about it. next to nothing will ever be seen by the folks that are gonna lose their homes in this mess. when the market hit 14000, i sold. i knew it wasn't going anywhere but down from there. i'm real glad i did. remember one thing, the stock market is not the economy. during all this crap the past few months, the economy has actually grown. the stock market hasn't, but the actual economy has. the stock market is guys trying to make fast money on the economy, without working. the economy is guys making money by working hard. by making a product to sell. the stock market is a parasitic organism that is attached to the economy. the economy doesn't rely on ready loans and fast credit. good business is built on assets and cash flow. the guys relying on all the easy credit and fast loans are the guys that are in trouble, because all the sudden they can't get the money to pay off last weeks loans. it's a pyramid scheme that has reached the top. this is gonna be interesting to watch, but i really don't think that this giant corporate welfare bailout deal is gonna help in the long run. it will just postpone things. but i do think that a guy is gonna be able to make a buncha easy money on this deal, if the billionare welfare plan ever passes. Lark.

 

I absolutely don't agree with your statement saying that the stock market isn't part of the economy. Look at Bill he said he has lost 45% of his value do to the stock market issues... How is that not part of the economy? When you need the cash it becomes part of our economy.

 

It is really easy to cast stones but we all see that there is a problem. Do I agree with Bush's plan? So far it is the best one out there and it is the only one at this point that has a chance of passing.

 

At this point this entire thing isn't impacting me because I make mor than enough cash and I will be working for at least 20 more years, it is those that are around retirement age that this is really going to hit hard.

J

 

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If someone would take the time to research and document what I call the GREED TRAIL - it is was actually an economic rouse wrapped in political toilet paper!

 

That is, helping EVERY American realize the American dream - home ownership - by relaxing regulations on lending, THINK FOR A MOMENT how everyone of us benefited by traveling the GREED TRAIL!!!

 

New home building WENT THRU THE ROOF! Lots of middle class Americans [and illegals] went to work and had LOTS of opportunities to advance their careers and earnings, whether they swung a hammer, sold appliances, manufactured furniture, ran a paint sprayer, installed landscaping, wrote mortgage loans, worked for the new grocery store or Home Depot that opened in one of thousands of new subdivisions springing up.... the trickle down list goes on and on.

 

You tell me what you do for a living and I can hypothesize how YOU traveled and benefited from the GREED TRAIL - I know I did, and I miss it.

 

While you and I enjoyed some security and annual earning benefits that could be measured in tens of thousands of dollars of gravy annually - perhaps in the form of overtime, promotion, bonuses, simple job security... and all the while we never suspected it couldnt last forever and we bought and bought, new bows, guns, boats, quads, trailers - I know I did. The folks who genuinely KNEW and grew FAT from this recognized it was less about giving the average or underprivileged American a helping hand job - and truly more about the MILLIONS and BILLIONS of dollars fat cats and large companies like lenders making fat fees on loans, developers JACKING up the prices of land where they want all their new-found average American friends to dwell, giant builders who raked in billions in profit from sales of homes that you and I will soon own thru the bail out...

 

WE ARE ALL TO BLAME, WE ALL HAVE TO TAKE A LARGE BITE OF THE SH_T SANDWICH to get the country rolling.

 

No one is likely to step up and say "Yes, I knew what we were doing was over inflating a hydrogen balloon in room full of candles.

 

guess what...... :o BANG! :(

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Yeah, we all lived the high life, now someone has to pay for it. That will be everyone but the people that caused the mess.

 

In the long run, we would be better off letting it run it's coarse instead of digging a deeper hole. At some point in time, bills have to be paid.

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what don't you understand jamaro? they couldn't even get enough democrats to vote yea on this piece o' crap. the president can initiate anything he wants, but if it doesn't pass, it's worthless. from what i read, they didnt' need even one republican vote, and still couldn't get it to pass.sounds like some pretty weak leadership.

What you are saying makes no sense... IT was BUSH'S Plan... He is supposed to lead and bring the votes to the table... HE didn't... He failed to lead...

 

 

Bullseye...I agreed with what Barney Frank said yesterday about what the 12 house republicans did...changing their yes votes to no after Nancy Pelosi "hurt" their feelings after her dumb partisan speech before the vote.....way to put your "feelings" before the needs of the country!!! Also the right wingers keep harping that the dems and pass the bill whenever they want...there in the majority...wrong! this bill is controversial they had 60 no votes from their own party...they need help from the republicans......they all need to get with BIPARTISAN politics and get an agreement done!

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If someone would take the time to research and document what I call the GREED TRAIL - it is was actually an economic rouse wrapped in political toilet paper!

 

That is, helping EVERY American realize the American dream - home ownership - by relaxing regulations on lending, THINK FOR A MOMENT how everyone of us benefited by traveling the GREED TRAIL!!!

 

New home building WENT THRU THE ROOF! Lots of middle class Americans [and illegals] went to work and had LOTS of opportunities to advance their careers and earnings, whether they swung a hammer, sold appliances, manufactured furniture, ran a paint sprayer, installed landscaping, wrote mortgage loans, worked for the new grocery store or Home Depot that opened in one of thousands of new subdivisions springing up.... the trickle down list goes on and on.

 

You tell me what you do for a living and I can hypothesize how YOU traveled and benefited from the GREED TRAIL - I know I did, and I miss it.

 

While you and I enjoyed some security and annual earning benefits that could be measured in tens of thousands of dollars of gravy annually - perhaps in the form of overtime, promotion, bonuses, simple job security... and all the while we never suspected it couldnt last forever and we bought and bought, new bows, guns, boats, quads, trailers - I know I did. The folks who genuinely KNEW and grew FAT from this recognized it was less about giving the average or underprivileged American a helping hand job - and truly more about the MILLIONS and BILLIONS of dollars fat cats and large companies like lenders making fat fees on loans, developers JACKING up the prices of land where they want all their new-found average American friends to dwell, giant builders who raked in billions in profit from sales of homes that you and I will soon own thru the bail out...

 

WE ARE ALL TO BLAME, WE ALL HAVE TO TAKE A LARGE BITE OF THE SH_T SANDWICH to get the country rolling.

 

No one is likely to step up and say "Yes, I knew what we were doing was over inflating a hydrogen balloon in room full of candles.

 

guess what...... :o BANG! :(

 

 

 

Great Post!!!

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Why is it that when the Republicans held congress, and a bill didn't pass, it was the Republican's fault, and now the Dems hold Congress, and a bill not passing is still the Republican's fault? Wall Street is now Las vegas east. If you play the game, there are risks involved. Nobody puts a gun to your head to invest your money there, you have other options. Look at Scottyboy, he did his homework, and made adjustments to protect himself. It's not my fault that others did nothing.

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Thanks House Republicans! I feel all they did was stall the process and what was finally put to a vote was almost identical to what Bush and Paulson wanted.....with some added pork of course that was piled on during the negotiations.

 

Umm. what party has the majority in the house? That crazy eyed speaker cannot even get her party to agree with it, plus what kind of f###ing retard insults the other party before the vote...? It is all wrong neither party cares about the common person.

 

Redman

 

The kind of "retard" what want's to make sure she can play the blame game a while long while at the same time make sure nothing every get's fixed.

 

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