Dow 8,000 you ready?

[Bogan7]

Quote from spidey:

I think things are very bad, and may actually get WORSE than conditions during the depression for several reasons.

Sorry statements like that underline how out of touch so many of you are with reality.

 

[jamis359]

Quote from Strath:

There is a solution to the current Financial Problems that the World currently faces. The answer is simple.

1 All US forces within the Middle East, which obviously includes Iraq make a withdrawal and go Back home.

2 All other US forces around the world, also withdraw from where they are operating and also go back home.

I agree, we've got to send all the Bush-Cheney-Condolezza cowboys packing. I can't think of any administration in this country's history that has done this nation more harm. Yes, I think Bush has been worse than Nixon, worse than Johnson, worse than Carter.

So what if Iran has a nuke? If they have one, all we need to do is tell them if they use it we will rain ICBM's down on Tehran and it's all over for Iran. Mutually assured destruction is a proven method of securing peace.

Why do we still have troops in Korea and Europe? Their economies are strong enough for them to provide for their own defense. Why make the American taxpayers shoulder the expense of securing another nations borders and safety?

 

[makloda]

Quote from spidey:
I think things are very bad, and may actually get WORSE than conditions during the depression for several reasons.

You mean worse than the 30s depression that saw banks lock their doors for weeks and put "on vacation" notices in their windows to prevent bank runs? You mean unemployment reaching an estimated 25%?

Millions of people lose their home, becoming unable to pay their rent, becoming unemployed and homeless and then suffer from severe hunger and diseases while living in the streets? Not a couple of bums in the trailer park, but entire neighborhoods and cities.

Worse than people killing each other at night for food because they and their family are suffering from actual starvation?

 

[The Kin]

But how will we goto war with Iran as all the wires seem to be reporting.

Bush understands the need to have military bases worldwide along with simultaneous wars in Afghanistan, Iraq, and Iran. It's makes us safer because it shows the rest of the world that we're a bunch of crazy motherfuckers not to be messed with.

/satire

In all serious we're so fucked up right now.

 

[asap]

Quote from The Kin:

But how will we goto war with Iran as all the wires seem to be reporting.

Bush understands the need to have military bases worldwide along with simultaneous wars in Afghanistan, Iraq, and Iran. It's makes us safer because it shows the rest of the world that we're a bunch of crazy motherfuckers not to be messed with.

/satire

In all serious we're so fucked up right now.

lmao

usa hidden agendas are pulling the strings.

 

[asap]

Quote from makloda:

You mean worse than the 30s depression that saw banks lock their doors for weeks and put "on vacation" notices in their windows to prevent bank runs? You mean unemployment reaching an estimated 25%?

Millions of people lose their home, becoming unable to pay their rent, becoming unemployed and homeless and then suffer from severe hunger and diseases while living in the streets? Not a couple of bums in the trailer park, but entire neighborhoods and cities.

Worse than people killing each other at night for food because they and their family are suffering from actual starvation?

of course not.

now is different. they have the fed to prevent all that.

ease, hike, bail out, lalalala...

 

[zdreg]

Quote from S2007S:

I thought in march the dow was headed for 10-11k on the BSC news, nope didnt happen, the dow jumped 1000 points in about 2-3 weeks, that took me by surprise. Now I'm think the opposite, that a 1000 point point drop from fridays close would actually surprise me. Im thinking the DOW does dip below 11k, but to see it drop 1000+ points from here would surprise me. Im actually somewhat bullish around 10700-11k. Oil up again tonight could push equities lower, I just cannot comprehend that nothing is being done to at least prop the dollar back up. Simply Amazing.

the fed has two conflicting objectives maintaing price stability and employment level.
being that the US is sinking to to a 3rd word status the fed will opt for employment level by printing money ie dropping it out of a helicopter.

 

[bat1]

Quote from Strath:

There is a solution to the current Financial Problems that the World currently faces. The answer is simple.

1 All US forces within the Middle East, which obviously includes Iraq make a withdrawal and go Back home.

2 All other US forces around the world, also withdraw from where they are operating and also go back home.

The financial Benefits of such a move would be lifesaver to a system which is deteriorating daily, if not hourly.

1. Oil would fall say $50 a barrel to under $100.

2. The markets will stage their biggest rally in history with the Dow exceeding the previous highs.

3. Confidence will be restored to the banking system worldwide.

4. The US dollar will make a significant comeback, restoring confidence in the ability of the US to remain a global power.

5. The US Budget deficit will be immediately cut as there wont be a need to spend billions upon billions of dollars on unnecessary wars.

Lets hope those in Washington do something positive otherwise the whole world will experience a unimaginable calamity which will be talked about centuries after we have departed from this world to the next!

Your kidding right?

dream on

 

[Compulsive]

Quote from Thermactor:

When everybody is proclaiming doom and gloom, recovery is right around the corner.

Jesus.

Then the seven angels with the seven trumpets prepared to blow their mighty blasts.

7 The first angel blew his trumpet, and hail and fire mixed with blood were thrown down on the earth. One-third of the earth was set on fire, one-third of the trees were burned, and all the green grass was burned.

8 Then the second angel blew his trumpet, and a great mountain of fire was thrown into the sea. One-third of the water in the sea became blood, 9 one-third of all things living in the sea died, and one-third of all the ships on the sea were destroyed.

10 Then the third angel blew his trumpet, and a great star fell from the sky, burning like a torch. It fell on one-third of the rivers and on the springs of water. 11 The name of the star was Bitterness. It made one-third of the water bitter, and many people died from drinking the bitter water.

12 Then the fourth angel blew his trumpet, and one-third of the sun was struck, and one-third of the moon, and one-third of the stars, and they became dark. And one-third of the day was dark, and also one-third of the night.

13 Then I looked, and I heard a single eagle crying loudly as it flew through the air, “Terror, terror, terror to all who belong to this world because of what will happen when the last three angels blow their trumpets.”

 

[Ivanovich]

Moved to chit-chat.