Holding onto my cash ;)

Here's a cluebrick, folks. Apply directly to forehead, repeat until effective.

*sigh*

Suddenly I'm thankful I never worked up the courage to make the $1,000 initial deposit for e-stock exchanges.

/back to the open thread for me...

Boy, sure am glad we passed that $700 billion to bail out the market. Yuppers, that sure went well. At this rate, we're gonna need the wooden arrow subsidy to be able to afford being hunter/gatherers.

All that cash on the sidelines, waiting for to get back in.

George Soros Obama is going to save us. Government controlled everything is his cure.
Can you taste it?

Who's making money off of this?

re: #7 Who Watches the Watchmen?

Who's making money off of this?

An excellent question.

A short answer? Not me. Not my Foundation, either.

8232 now, off about 347. Folks, don't make the mistake I did and check the value of your IRA. You don't want to know. :-(

Meanwhile - democrats are suggesting a government take over of our 401Ks.

BE AFRAID.

re: #9 joncelli

8232 now, off about 347. Folks, don't make the mistake I did and check the value of your IRA. You don't want to know. :-(

My 401k is down 9%

Dow average is about to go below 8,000

It already did in the first six minutes and I scored by shorting it. Then it went all the way into positive territory within the first half hour. Now, it's back down 350 and I'm trying to ride the DIA (DOW ETF) back up.

/what can I say, I'm feeling feisty and I see a swing back up yet today

I need food and coffee to cope.

BRB!

At last. Now we know the O is the messiah because Farrakhan says so.

I am putting all of my money in popcorn futures.

re: #7 Who Watches the Watchmen?

Who's making money off of this?

If yer good with options you can. That wouldn't include me. Luckily I invested in Asian, er...

Was at a bar last night with some friends when a dude spilled his drink all over one of my friends. He apologized & bought us a round - turned out he was a bond trader who basically believed he would be out of a job today. But that didn't stop him from buying everyone in sight drinks all night long. I guess he figured if he's going down, he might as well have a good time doing it!

re: #10 FrogMarch

I suggest that the Democrats get out of the 'governing' business...they clearly don't know their asses from deep center field.

re: #7 Who Watches the Watchmen?

Who's making money off of this?

Yes, where did all our wealth go and will it ever come back?

re: #14 ladycatnip

At last. Now we know the O is the messiah because Farrakhan says so.

Shouldn't a (Black) Muslim think 0bama is the Mahdi?

Even Bevmo's going to feel the pain soon -- while Cutty Sark may maintain it's price, the high end scotches have to come down and then I'm going to score!

re: #16 uncle_monkey

Knowing Asian markets, we'll be buying like mad when there's blood on the streets. [:

re: #10 FrogMarch

bad linky?

REPOST from previous thread

Over the years, I (and many others) have concluded that some Americans (I use the term loosely) and most of the rest of the world would love to see America go into a financial collapse. They get giddy at the thought of America knocked off the "greatest country" pedestal. For whatever reason, evil, jealousy, stupidity....etc.

We all you f*ckers, now that our economy is taking a nosedive EVERYONE is affected. While our economy struggles so do the economies of other major markets. China, Russia, Europe. Our economic systems are so closely knit now because of computers and the ease of overseas investments, ease of travel and the "shrinking" of our world, you better be careful of what you wish for.

re: #17 BeerDrinking_VictoryMonkey

Was at a bar last night with some friends when a dude spilled his drink all over one of my friends. He apologized & bought us a round - turned out he was a bond trader who basically believed he would be out of a job today. But that didn't stop him from buying everyone in sight drinks all night long. I guess he figured if he's going down, he might as well have a good time doing it!

He's probably putting it on his credit card, and then will go bankrupt when he loses his job, and we'll all be paying.

The Republicans have two huge issues to run on. The world wide financial crisis was caused by two things.

1. Out of control Fannie Mae and Freddy Mac.

2. Oil prices.

Run on that forcefully with specifics and you'll have a fighting chance.

I took all my 401 and put it into gold. I don't think it will blast off however it will still be worth something when this all settles out. When the time is right I will buy Mutuals that are bargains and hopefully weather the storm.

I have no idea who is really making money off this whole thing - however since I moved to GLD (the ETF that is a bullion holder) I have gained %8 on the total.

re: #25 Kosh's Shadow

LOL

P.S. to #14

All those halo pics make perfect sense now.

I actually saw the sky fall on my way to work this morning....

re: #14 ladycatnip

At last. Now we know the O is the messiah because Farrakhan says so.

Messiah or Mahdi?

re: #26 freedomplow

What about the deregulation?

/been meaning to get that nagging point out of my head here

Hey, is there any good site for a comprehensive review of how much debt municipalities have taken on for bond measures as well as all those retirement bennies they wink-wink negotiated with public employee unions? Leaving aside the whole "a non-vote for McCain's a vote for Obama", it's patently clear that McCain has no fucking clue what to do -- and obviously his cherished pro-immigration stance is contributing to our problems. At this point, and I don't mean in reference to this election specifically, who out there not only has their head in the right place, but has the intangibles of leadership?

Last night my cash-strapped brother called me to get advice about taking money out of his 401k. I told him he was absolutely crazy if he did such a thing right now. He said he didn't care and then told me he had a 6-figure balance. I didn't call him a liar, but this is a kid who has been in the workforce for less than a decade and he isn't a CEO. I told him the market value of his 401 was probably not anywhere near what he had a few days ago, and yet he insisted that he had plenty. Sigh...The really stupid thing is that he refuses to cut expenses...Deep sigh...All I know for sure is that if he tries hitting our parents up for any more money, I will personally ream him a new one.

re: #7 Who Watches the Watchmen?

nobody........yet....At somepoint, people will start buying

Financial Crisis Watch

That's a good way of putting it, because all we can really do is watch.

Time for a Janis Joplin tune. Let's hope it settles down today and we've seen our big correction finish out.

re: #24 bellamags

3 wood said foreign cash is flooding into America right now, guess they might be having second thoughts about knocking us off the pedistal right now.

re: #18 elevenbravo1969

Don't worry, today they also said: "From each according to his own ability, to each according to his needs"

Also, I hear once Obama is in, they are going to announce a new 5-Year plan. And, Prez. Obama wants us all to start our own home smelters so we can make steel and be competitive.

re: #23 turn

bad linky?

It works when I click on it. maybe certain plug-ins are required...?

Great- now that everybody else's economies are failing, they'll all want a bailout from Congress too.

Tough shit- ask the UN. We already gave at the office.

I know what we need.

A far Left spend crazy and tax crazy Executive and Congress.

I know what we already have, a Republican nominee incapable of convincing the American people that if they vote for that they are crazy too.

re: #23 turn

bad linky?

You can try getting to it from here.
[Link: vodkapundit.com...]

re: #14 ladycatnip

Isn't that amazing/sickening. I didn't know that Muslims believed in a messiah. I thought Mohammed was the greatest and last prophet.

re: #40 FrogMarch

Must be on my end, I see it is PM but it gives an error when loading, oh well time to move on. Thanks.

re: #15 Lawrence Schmerel

I am putting all of my money in popcorn futures.

Lawrence! How you doin'?

I posted this info on 2 dead thread, I want to repeat one part of it...

McCain did 15 minutes on KOA radio this morning, they said first radio interview he's done. Anyway, they went over points from last debate, asking for clarifications

McCain repeated the home owner bail out idea again THEN he mentioned he will legally go after those responsible in DC.

Why didn't he say that at the debate, the part about DC.

re: #44 rw in san diego

Uh- they call Jesus the Messiah and believe he'll return.

Have no fear...Obama is going to save us!

re: #43 FrogMarch

Thanks, that worked for me ...

re: #45 turn

Yeah - same here.

Oh and another thing...some of this selling is the market anticipation of our current socialist government being extended into a communist state for 4 years...

Does anybody think there's much of this going on today?

re: #49 cblesz

Have no fear...Obama is going to save us!

Didn't he take credit for the bailout?

OT
Heard this am on KSFO's Lee Rodgers Show:

Some American k-12 textbooks, when mentioning Christianity, state that, "Christianity was founded by a young Palestinian..."

In the world of textbook publishing, Christianity and Judaism are treated in a scholarly fashion while Islam is only allowed to be written about by practicing muslims. Folks, that's a window that needs a brick thrown through it and soon.

#20 Kosh's Shadow

re: #14 ladycatnip

At last. Now we know the O is the messiah because Farrakhan says so.

Shouldn't a (Black) Muslim think 0bama is the Mahdi?

Either that or the 12th imam. No, wait - Ahmadinejad think's he's the 12th guy.

re: #21 SFGoth

What's a good scotch? We're mostly wine/beer/margarita drinkers, but I'd like to have a good scotch on hand for a family member who really prefers scotch.

re: #50 turn

Oh way, reroute through VP same problem. F#$%^ IE!

I smell Soros.

You wanted to know what the "October Surprise" is?

re: #57 rw in san diego

What's a good scotch? We're mostly wine/beer/margarita drinkers, but I'd like to have a good scotch on hand for a family member who really prefers scotch.

When I was drinking more than you want to know, Highland Mist worked for me. (Boy I'm going to get slammed for that).

re: #7 Who Watches the Watchmen?

Who's making money off of this?

No one yet, but when anyone sells it means someone is buying. Market goes up and those buying "good" stocks at low prices will make a killing. The problem (according to my broker) is that while there are great deals out there, no one wants to be the first in.

re: #53 Tom Blogical

I'll bet you one dollar there is ....

re: #7 Who Watches the Watchmen?

Who's making money off of this?

People like George Soros.

re: #55 elevenbravo1969

OT
Heard this am on KSFO's Lee Rodgers Show:

Some American k-12 textbooks, when mentioning Christianity, state that, "Christianity was founded by a young Palestinian..."

In the world of textbook publishing, Christianity and Judaism are treated in a scholarly fashion while Islam is only allowed to be written about by practicing muslims. Folks, that's a window that needs a brick thrown through it and soon.

I [heart] Lee Rodgers. Best talk show host there is. In fact, Monday's, when he's usually not on (and Brian Sussman is), I don't bother to listen to his show.

re: #59 RaiderDan

I smell Soros. You wanted to know what the "October Surprise" is?

I mentioned that possibility on the dead thread. Mabye this was the Oct. surprise and we missed it.

re: #10 FrogMarch

Meanwhile - democrats are suggesting a government take over of our 401Ks.

BE AFRAID.

Last night Glenn Beck addressed the fact that this bailout has already sent us into the realm of socialist-utopia. Not a good thing.

Zogby made a good point about this election as compared to the one in 1980. In 1980, people didn't make up their mind about Reagan until a few days before the election. There's still an opportunity to change minds; McCain just has to seize the opportunity.

re: #21 SFGoth

Even Bevmo's going to feel the pain soon -- while Cutty Sark may maintain it's price, the high end scotches have to come down and then I'm going to score!

Scapa is still at $45.00 a fifth same as it was when I first started buying it a few years ago.

In fact, that initial 600+ plunge within six minutes of the open, on massive volume, sure looked like a bottom at 8000. It immediately snapped back up over 8500.

/the floor traders were really psyched to see that happen

re: #14 ladycatnip

At last. Now we know the O is the messiah because Farrakhan says so.

I heard that last night. Thanks for linking to the story/video. I emailed to my list.
Everyone should.

re: #60 Walter L. Newton

Highland Mist?! *snort*

re: #63 FurryOldGuyJeans

People like George Soros.

I've heard this suspicion time and time again. Is there some proof because I really, really want to know.

Well, at least we get to be a part of financial history.

Damn interesting month.

BUY SOMETHING WITH THE FREAKING 700 BILLION HANK! WHAT THE HELL ARE YOU WAITING FOR?

re: #57 rw in san diego

What's a good scotch? We're mostly wine/beer/margarita drinkers, but I'd like to have a good scotch on hand for a family member who really prefers scotch.

Scotch is very complex. It really depends on your palate. I prefer sweeter, lighter ones, such as Highlands and Speyside. Oddly, most women I know that otherwise avoid scotch like a bad ex really dig Laphroaig, one of the peatiest there is. My favorites are Aberlour 15 (now 16), Glenfiddich 15 (Solera res.), and oddly enough, Dewars 12 (yes, a blend and a great deal). Oban 14 is also quite good.

I can't believe people are selling. The bottom feeders are going to become very wealthy.

re: #48 Sharmuta

Uh- they call Jesus the Messiah and believe he'll return.

They believe He'll return to destoy the world. Kind of a different view on the whole "judge the living & the dead" thing.

8232. Maybe it's stabilizing. (Sigh. Like a trauma victim.)

re: #69 Killian Bundy

In fact, that initial 600+ plunge within six minutes of the open, on massive volume, sure looked like a bottom at 8000. It immediately snapped back up over 8500.

/the floor traders were really psyched to see that happen

I see FCX is down to $33.53 - copper's going down, gold up. Quite a ride.

#31 Kragar...

Messiah or Mahdi?

Both. Farrakhan's statement is meant for universal appeal. O is a global citizen, so he has to be a savior to the Christians and Jews, and mahdi to the muslims.

He's just all things to all men.

re: #39 Desert Dog

Don't worry, today they also said: "From each according to his own ability, to each according to his needs"

Also, I hear once Obama is in, they are going to announce a new 5-Year plan. And, Prez. Obama wants us all to start our own home smelters so we can make steel and be competitive.

LOL -- but you 're probably closer to the truth than we know.

Oddly, I think all this crashing is just the phony wealth that's been created through accounting gimmicks (derivatives). It's not like we've got a dust-bowl, or natural resources have run out, or major strikes are occurring. It's just that for a while, people are going to have to start making coffee at home and bringing it in in a thermos, packing lunch, cutting back on drinks, etc.

re: #7 Who Watches the Watchmen?

Who's making money off of this?

George Soros.

re: #72 turn

I've heard this suspicion time and time again. Is there some proof because I really, really want to know.

You will never get definitive proof until after the crisis is over, if ever. Crippling an economy is not something one does out in the open. I said what I said previously because it fits the modus operandi that Soros and others of his ilk has used more than once in the past.

re: #78 buzzsawmonkey

There were no "Palestinians" in Jesus' time. The Romans did not rename Judea "Palestine" (in an act of ethnic cleansing) until over 100 years after his death.

In other news, Jesus did not "found Christianity"; he himself lived and died a Jew. "Christianity" is the breakaway religion started by Jesus' followers, who were mostly Jews; Peter and Paul, of course, were.

In fact, one had to convert to Judaism first, in order to become a Christian.

That went away when they showed the European pagans the knife.

re: #57 rw in san diego

What's a good scotch? We're mostly wine/beer/margarita drinkers, but I'd like to have a good scotch on hand for a family member who really prefers scotch.

Find out if there is a region they prefer and go from there.

re: #57 rw in san diego

What's a good scotch? We're mostly wine/beer/margarita drinkers, but I'd like to have a good scotch on hand for a family member who really prefers scotch.

I like the island whiskeys. Isle of Jura is one of my favorites. Also Scapa, which comes from the Orkney Islands. Named after Scapa Flow, home to a Royal Navy base and the place where the Kaiser's fleet was scuttled after WWI.

Highland Park in another Orkney whiskey. It's pricier than Scapa. But I actually like Scapa better though. Your Taste Buds May Vary.

Be careful with the real "smokey" or "peaty" ones like Talisker and Laphroaig. Those are a real acquired taste.

Can't go wrong wth Glenlivet or Macallan either.

What's going to happen to all these worshippers when they find out that Obama is just a Chicago wardheeler after all? It'd be interesting to see his presidency attacked from the loony left. (Yes, I've given up.)

re: #80 ladycatnip

#31 Kragar...

Both. Farrakhan's statement is meant for universal appeal. O is a global citizen, so he has to be a savior to the Christians and Jews, and mahdi to the muslims.

He's just all things to all men.

He is a lying sack of socialist shit to his man.

re: #70 newsjunkie_ky

Hey news! The other night you posted a link to WE WILL NOT BE SILENT with the videos of the Obama thuggery...By any chance did you save those videos?

re: #48 Sharmuta

I didn't know that. Thanks.

re: #78 buzzsawmonkey

There were no "Palestinians" in Jesus' time. The Romans did not rename Judea "Palestine" (in an act of ethnic cleansing) until over 100 years after his death.

In other news, Jesus did not "found Christianity"; he himself lived and died a Jew. "Christianity" is the breakaway religion started by Jesus' followers, who were mostly Jews; Peter and Paul, of course, were.

Not to stir up trouble, but as a Jew I've always considered that Jews for Jesus makes more sense than Christianity, in the sense that Jews for Jesus would be what "it" would be like if Jews actually believed he were the Messiah. Instead, after his death, his followers essentially created a new religion.

re: #79 Irene NYC

I see FCX is down to $33.53 - copper's going down, gold up. Quite a ride.

/day's not over yet

re: #46 Ward Cleaver

Gee, I'm doin' swell. Thank you for asking, Mr. Cleaver.

re: #72 turn

I don't think there's any proof...it's just conjecture (given the fact that Soros broke the Bank of England in 1992 -- through short selling...) Today, however, George Bush stated that the federal authorities will be looking into short selling (including passing on false rumors that Company X is failing, etc., etc.)

There's tons of money on the sidelines. It's just sitting there laughing at the rubes who are selling into this almost totally unjustified panic.

I keep wondering why stricter trading curbs haven't been put in place.

Lunch time.

re: #74 SFGoth

Scotch is very complex. It really depends on your palate. I prefer sweeter, lighter ones, such as Highlands and Speyside. Oddly, most women I know that otherwise avoid scotch like a bad ex really dig Laphroaig, one of the peatiest there is. My favorites are Aberlour 15 (now 16), Glenfiddich 15 (Solera res.), and oddly enough, Dewars 12 (yes, a blend and a great deal). Oban 14 is also quite good.

Boy is that true, I can't stand scotch. But then again I drink Keystone Light!

There's an ACORN in that pile of sh!t.

Thousands of voter registration forms faked, officials say

CROWN POINT, Indiana (CNN) -- More than 2,000 voter registration forms filed in northern Indiana's Lake County by a liberal activist group this week have turned out to be bogus, election officials said Thursday.

Pretty bad when even CNN is reporting it.

re: #1 Celtic Templar

Holding onto my cash ;)

Hey, I got $13 in my wallet, hanging onto that.

re: #90 Kragar (Proud to be Kafir)

He is a lying sack of socialist shit to his man.

Who's man are you referring to, Obama's or Farrakhan's?

Both seem to have learned the Islam ideal of lying to the unbelievers stone cold.

re: #48 Sharmuta

Uh- they call Jesus the Messiah and believe he'll return.

Well, I'd be all for that if he'll bring his Terrible Swift Sword and go after the moneychangers in the Congress.

re: #101 jorline

There's an ACORN in that pile of sh!t.

Thousands of voter registration forms faked, officials say

Pretty bad when even CNN is reporting it.

Obama + ACORN = Vote fraud.

re: #93 rw in san diego

That's what a Sufi told me, anyways- that Jesus would return and correct koranic law and establish it worldwide.

I told him Jesus would return alright, and He was going to be pissed.

re: #104 Son of the Black Dog

Well, I'd be all for that if he'll bring his Terrible Swift Sword and go after the moneychangers in the Congress.

Off with their heads!

Obama's campaign met with some muslims and CAIR? Anybody got that info .... I just heard something on FOX about it ...of course they are denying it ....

Well, I for one am sitting astride my 401k, waving my cowboy hat and screaming "Yeehaw".

FDR: What Have You Done For Us Lately? [Jonah Goldberg]

really good read.

snip

For those liberal intellectuals, pundits, and politicians who have visions of FDR II, I have this one question: What will Obama/Pelosi/Reid do come January 2009 other than rearranging the federal alphabet of federal agencies? The Fed cannot keep pouring cash into the markets; nor can it continue to spend taxpayers money like a teen with his/hers father’s Visa Card on a shopping mall bender. The federal deficit is already at a level no one can begin to imagine. The market has already punished some of the worst offenders, with probably a few more banks waiting in the wings. Who will be left to regulate? Will higher taxes, stiffer government regulations and intrusions work? Will resurrecting Glass/Stengall restore market and credit confidence? This is not 1932. The government is now the prime source of insurance and mortgages. Could it be that both the financial sectors and public sectors got too large to manage? Could it be that the new robber barons are not sitting in boardrooms, but on Capital Hill and in K-Street offices? Perhaps the panic’s root cause is that no investors can trust a financial system that is filled with so many conflicts of interests?

re: #57 rw in san diego

What's a good scotch? We're mostly wine/beer/margarita drinkers, but I'd like to have a good scotch on hand for a family member who really prefers scotch.

I'm a big fan of the Balvenie 12 year Doublewood. It won't break the bank at around $45 (most places).

Oban 16 year is also a great standby, however it's a bit more, around $60 a bottle.

Also - unless it's a surprise for them, ask what they like. Scotch ranges from very peaty (sickly sweet high notes that beg to be tempered with a healthy squirt of water) to very deep and malty (rich, fire roasted caramel notes that melt off the tongue).

Dammit - now it's 11:04 AM and I want to dive headfirst into a bottle!

re: #100 turn

Boy is that true, I can't stand scotch. But then again I drink Keystone Light!

And scotch has legs! Worst hangover I've ever had was from scotch.

re: #84 FurryOldGuyJeans

You will never get definitive proof until after the crisis is over, if ever. Crippling an economy is not something one does out in the open. I said what I said previously because it fits the modus operandi that Soros and others of his ilk has used more than once in the past.

Yes it does fit the MO, but I find it hard to believe that trades on the magnitude necessary to start a chain reaction this big can't be tracked down to some source.

re: #107 Sharmuta

That's what a Sufi told me, anyways- that Jesus would return and correct koranic law and establish it worldwide.

I told him Jesus would return alright, and He was going to be pissed.

I don't think the ROP's gonna like it when He comes back. Nope.

re: #103 FurryOldGuyJeans

Who's man are you referring to, Obama's or Farrakhan's?

Yes

re: #104 Son of the Black Dog

Well, I'd be all for that if he'll bring his Terrible Swift Sword and go after the moneychangers in the Congress.

When Jesus returns it will be "Everybody out of the pool". I.e., Congress will be moot.

re: #39 Desert Dog

Don't worry, today they also said: "From each according to his own ability, to each according to his needs"

Apparently, they never read "Atlas Shrugged"

re: #20 Kosh's Shadow

Shouldn't a (Black) Muslim think 0bama is the Mahdi?

No, only Shites believe that & Farakhan kinda makes it up as he goes a long.
The only thing that you can count on is that Jews & Whitey are devils.

re: #78 buzzsawmonkey

There were no "Palestinians" in Jesus' time. The Romans did not rename Judea "Palestine" (in an act of ethnic cleansing) until over 100 years after his death.

In other news, Jesus did not "found Christianity"; he himself lived and died a Jew. "Christianity" is the breakaway religion started by Jesus' followers, who were mostly Jews; Peter and Paul, of course, were.

Correct -- all the apostles were Jews. Paul was also a Roman Citizen. I believe the modern Palestians claim that their ancestors lived in Philistia, a small enclave near Israel back in biblical times.

re: #71 Sharmuta

Highland Mist?! *snort*

It worked for me. But my only mission at the time was to get as snookered as I could on a daily basis. Stuff was still scotch and it was cheap.

Berlusconi Says Leaders May Close World's Markets
[Link: www.bloomberg.com...]

re: #110 Kragar (Proud to be Kafir)

Well, I for one am sitting astride my 401k, waving my cowboy hat and screaming "Yeehaw".

Yours in free-fall as well Mr. Pickens?

re: #65 Walter L. Newton

I mentioned that possibility on the dead thread. Mabye this was the Oct. surprise and we missed it.

The October Surprise is coming. Don't spoil it.

re: #89 joncelli

What's going to happen to all these worshippers when they find out that Obama is just a Chicago wardheeler after all? It'd be interesting to see his presidency attacked from the loony left. (Yes, I've given up.)

They will just blame it on Bush long before they would attack themselves.

CUTE DOLL SPOUTING ISLAMIC MESSAGE AND SOLD ACROSS THE COUNTRY -

re: #101 jorline

There's an ACORN in that pile of sh!t.

Thousands of voter registration forms faked, officials say

Pretty bad when even CNN is reporting it.

But will the reporting really make a difference? I overheard a conversation in public the other day that Obama needs to be allowed these fraudulent registrations to offset the "massive voter fraud the Right had done for years, it is only fair."

re: #110 Kragar (Proud to be Kafir)

Well, I for one am sitting astride my 401k, waving my cowboy hat and screaming "Yeehaw".

I wish I had what was in the emergency kit. Feller could have a pretty good weekend in Vegas with all that.

re: #33 SFGoth

It's also patently clear that Obama's ideas, if you look them over carefully instead of believing what he says in his soundbites for the short-attention-span masses, look a whole lot like what the government did after 1929 to put us into and keep us in a humongous, long-lasting Great Depression.

I don't know if McCain knows what to do, but at least he recognized years ago that Fannie Mae and Freddie Mac were dangerously out of control.
I also know that Obama worked actively for some of the groups that created the subprime mortgage bad-loan mess.

Dislike McCain all you want, but unless you have a realistic alternative that is better, then hold your nose and vote for him. Because if Obama wins, you can kiss your accustomed lifestyle goodbye.

re: #110 Kragar (Proud to be Kafir)

Well, I for one am sitting astride my 401k, waving my cowboy hat and screaming "Yeehaw".

We'll meet again, don't know where, don't know when...

re: #101 jorline

There's an ACORN in that pile of sh!t.

Thousands of voter registration forms faked, officials say

Pretty bad when even CNN is reporting it.

It's getting harder to ignore, and I expect we'll be hearing more if RICO charges get filed.

re: #91 Wishing

Hey news! The other night you posted a link to WE WILL NOT BE SILENT with the videos of the Obama thuggery...By any chance did you save those videos?

Here ya go.

re: #82 SFGoth

+1

hey Killian, can you buy me some Costco stock? Or would you go with Wal-Mart?

re: #131 Sharmuta

It's getting harder to ignore, and I expect we'll be hearing more if RICO charges get filed.

Whoever this Rico is, he must have done something really bad.

re: #134 Edgar

GAZE

re: #122 sadhu

Berlusconi Says Leaders May Close World's Markets
[Link: www.bloomberg.com...]

Maybe it's time to shut down all the markets for a week. Let people stop and take a break.

re: #97 J.S.

Harry "The Body" Reid put out a rumor about a 'big insurance company, a name you'd know' ...about to go under.

Happened a few days ago and caused insurance stocks to dip.

Harry just needs to go back to Flashlight, Nevada...or wherever he's from.

re: #101 jorline

There's an ACORN in that pile of sh!t.

Thousands of voter registration forms faked, officials say

Pretty bad when even CNN is reporting it.

What? ACORN is submitting false registrations and there is massive voter fraud from Democrats? No way! The next thing you'll tell me is Congress and the Treasury Department will take over the stock market and control the banking industry! Wonders never cease!

re: #131 Sharmuta
Good afternoon Sharm!
Has any US Attorney filed ANY charges against ACORN yet do you know?

re: #133 funky chicken

+1

hey Killian, can you buy me some Costco stock? Or would you go with Wal-Mart?

Wal*Mart is red, Costco is blue.

/politically

re: #97 J.S.

I don't think there's any proof...it's just conjecture (given the fact that Soros broke the Bank of England in 1992 -- through short selling...) Today, however, George Bush stated that the federal authorities will be looking into short selling (including passing on false rumors that Company X is failing, etc., etc.)

Yeah, it must be conjecture, but in my #114 I wonder whether one person has the power to start this cascade. How much would it take I wonder and does Soros have that kind of money?

re: #138 Desert Dog

The next thing you'll tell me is Congress and the Treasury Department will take over the stock market and control the banking industry!

Congress and the Treasury Department will take over the stock market and control the banking industry.

Linking it all together:

Whether the McCain campaign should stress Obama's judgment/radical associations or the economy isn't an either-or proposition. McCain should do both. And as Stanley Kurtz demonstrates, McCain can do both at the same time.

Stanley distills the connection between the Obama/Ayers relationship and the economy as follows:

Obama and Ayers serve together on the Chicago Annenberg Challenge where they funnel tons of cash to finance ACORN —>

ACORN pressures banks (through, among other things,CRA-related complaints) to extend high risk mortgages to risky customers —>

ACORN also works with Democrats in Congress and others to pressure Fannie Mae and Freddie Mac to further loosen credit standards, spreading the contagion of high-risk credit practices to the broader financial markets. —>

Subprime mess—credit markets emergency

Of course, Stanley isn't contending that Obama—Ayers—ACORN is the cause of the economic collapse, but Obama and Ayers financed and worked with a core player in the subprime lending saga. It's a matter of radical relationships, dreadful judgment, and their impact on the real world.

And then there's ACORN's "voter registration efforts" . . .

I lost the live stream link for Fox...Anyone have it?

re: #98 KingKenrod

There's tons of money on the sidelines. It's just sitting there laughing at the rubes who are selling into this almost totally unjustified panic.

I keep wondering why stricter trading curbs haven't been put in place.

I dunno about that "rubes" thing. Since the craziness in the oil markets following hurricane Katrina, I've become more and more convinced that the people who really drive most of the markets are a bunch of bedwetters with panic attack syndromes. That may come from living in big cities and spending too much time obsessing over the stuff, but I just don't see that many "rubes" out here in the sticks panicking at all.

re: #132 newsjunkie_ky

Here ya go.

thanks! I have a feeling that the PUMAs may offset the obama fraud in the general election.

re: #113 UFO TOFU

And scotch has legs! Worst hangover I've ever had was from scotch.

You know what, me too! Man I just laid on the couch with my head throbbing all friggin day. Probably why I hate the stuff.

re: #101 jorline

There's an ACORN in that pile of sh!t.

Thousands of voter registration forms faked, officials say

Pretty bad when even CNN is reporting it.

More than 2,000 voter registration forms filed in northern Indiana's Lake County by a liberal activist group this week have turned out to be bogus, election officials said Thursday.

ACORN - the cheat to win society for Democrats.

re: #122 sadhu

Berlusconi Says Leaders May Close World's Markets
[Link: www.bloomberg.com...]

OMG - that will create a worse mess than the one we've got already. Temporary suspensions of trading if there seems to be some sort of predatory funny business going on, but shutting down the world's financial system, WTH?

I agree with Rush. The market is afraid of an obamalama win, and an increase in capital gains taxes.

re: #137 elevenbravo1969

I'd like to move his radioactive ass into Yucca Mountain.

re: #138 Desert Dog

And lo, the prophet Simon the Rhymin' did proclaim:

And I believe
These are the days of lasers in the jungle,
Lasers in the jungle somewhere,
Staccato signals of constant information,
A loose affiliation of millionaires
And billionaires and baby,
These are the days of miracle and wonder,
This is the long distance call,
The way the camera follows us in slo-mo
The way we look to us all o-yeah,
The way we look to a distant constellation
That's dying in a corner of the sky,
These are the days of miracle and wonder
And don't cry baby don't cry
Don't cry don't cry

re: #143 FrogMarch

link:

re: #127 FurryOldGuyJeans

But will the reporting really make a difference? I overheard a conversation in public the other day that Obama needs to be allowed these fraudulent registrations to offset the "massive voter fraud the Right had done for years, it is only fair."

I'm sorry you heard that: invincible ignorance can be very discouraging.

I believe the reporting will make a lot of difference. I don't think people have realized how massive and pervasive ACORN's fraud has been.

Gaze

re: #74 SFGoth

Thank you.

re: #130 Ward Cleaver

pretty obscure, but funny nonetheless

with a little sound and fury to go with it

re: #2 thedopefishlives

Here's a cluebrick, folks. Apply directly to forehead, repeat until effective.

*sigh*

Don't you mean:

Cluebrick! Apply directly to forehead!
Cluebrick! Apply directly to forehead!
Cluebrick! Apply directly to forehead!
Cluebrick! Apply directly to forehead!
Cluebrick! Apply directly to forehead!
Cluebrick! Apply directly to forehead!
Cluebrick! Apply directly to forehead!
Cluebrick! Apply directly to forehead!
Cluebrick! Apply directly to forehead!
Cluebrick! Apply directly to forehead!

/just like on TV

re: #57 rw in san diego

I'd suggest asking the family member what scotch(es) they like, unless you need it to be a surprise. Then either buy that, or go to a good liquor store and ask for recommendations for someone who likes that specific scotch.

Scotch drinkers often have strong opinions on which scotches are/aren't good.

re: #86 buzzsawmonkey

re: #83 Spiny Norman

re: #7 Who Watches the Watchmen?

Who's making money off of this?

George Soros.

Redistribution of wealth!

Auric Goldfinger and his lackeys Ayers and Obambi know what's best for us.

re: #147 Wishing

thanks! I have a feeling that the PUMAs may offset the obama fraud in the general election.

I sure hope so.

I'm sure this has been mentioned many times in the past few days here, but I gotta believe there's some bargains out there, blue chip and otherwise. I'm wondering if it's worth taking a chance. If the bottom drops out completely, what's left to lose?

Just some musings from an economic idiot. ;)

re: #140 Ward Cleaver

yeah, but my money is green :-)

and I've always said that if I wanted to gamble, I'd go to a casino. At least then I have a lot of fun and a couple of free drinks throwing my money into games of random chance....not into the stock market

re: #151 newsjunkie_ky

I agree with Rush. The market is afraid of an obamalama win, and an increase in capital gains taxes.

At this rate there won't be any capital to tax unfortunately

re: #110 Kragar (Proud to be Kafir)

Well, I for one am sitting astride my 401k, waving my cowboy hat and screaming "Yeehaw".

Ala Slim Pickens in 'Dr. Strangeglove' . Many here won't get it.

re: #151 newsjunkie_ky

I agree with Rush. The market is afraid of an obamalama win, and an increase in capital gains taxes.

Plus increases in personal income taxes and BIG increases in corporate taxes, which are already the second highest in the industrialized world.

They're getting out while the getting is good.

re: #162 newsjunkie_ky

PUMAs = 5-7 million voters
ACORN = 1.5 million new registrations

re: #145 buzzsawmonkey

The Philistines of Biblical times, known to archaeologists as "the Sea People," were actually marauding Greeks who had colonized a portion of the Judean seacoast. They were not Arabs.

The Arabs styling themselves "Palestinians" have also tried to lay claim to being "Canaanites," i.e., descendants of the peoples that the Jews conquered when they entered the Land under Joshua. They do this in the hope of being able to lay a charge of "ethnic cleansing" against the modern-day Jews, since "ethnic cleansing" does not sit well with the modern Leftist.

Both Arab claims--to being connected to the Philistines and to the ancient Canaanites--are lies.

True-- I should have added that their claims to be descended from the ancient Philistines are unlikely, at best. They seem most likely to be descended from a combination of Islamic Arabs who invaded in the 600's and 700's and the melange of peoples who moved into the area after the Romans did their ethnic cleansing.

re: #167 Spiny Norman

yes but isn't 95% of us safe from that?

re: #166 Quintus_Arius

Ala Slim Pickens in 'Dr. Strangeglove' . Many here won't get it.

Oh, don't underestimate the Lizardoid Minion Army. I thought it was obvious.

;^)

I mean "aren't"

re: #129 lurking faith

It's also patently clear that Obama's ideas, if you look them over carefully instead of believing what he says in his soundbites for the short-attention-span masses, look a whole lot like what the government did after 1929 to put us into and keep us in a humongous, long-lasting Great Depression.

I don't know if McCain knows what to do, but at least he recognized years ago that Fannie Mae and Freddie Mac were dangerously out of control.
I also know that Obama worked actively for some of the groups that created the subprime mortgage bad-loan mess.

Dislike McCain all you want, but unless you have a realistic alternative that is better, then hold your nose and vote for him. Because if Obama wins, you can kiss your accustomed lifestyle goodbye.

+1

Maybe I should've waited to see if the price comes down, but my new Steinberger synapse headless guitar arrived yesterday and it's SWEET. A little odd playing a headless, but the neck is perfect for my short, squat hands. The sky may fall, but I'm going to be cranking some rock 'n' roll. Again and again, again and again, agaaaaiiin....

re: #170 ratso

yes but isn't 95% of us safe from that?

Hah!

Bill Clinton never worked harder on anything than getting that Middle Class Tax Cut™ he promised us over and over again...

re: #168 Sharmuta

PUMAs = 5-7 million voters
ACORN = 1.5 million new registrations

(100,000 of them living)

/fixed

I hope they crack down on the voter fraud in Ohio, before that POS AG blocks it long enough to open the absentee ballots.

RW in San Diego like to drink Ta-Kill-YA. (-:

re: #176 Spiny Norman
uhhhh, I guess I forgot the sarg tag huh?

sarc

re: #171 Spiny Norman

I only said 'many'...I knew many would get it as well.

BTW: Rush and I are on the same page re: selloff. He may have read my comments yesterday.

re: #168 Sharmuta

PUMAs = 5-7 million voters
ACORN = 1.5 million new registrations

Let's hope all the PUMAs turn out for McCain.
I've written this before, in the 2000 election, my daughter witnessed the dems getting the homeless to vote with cigs and booze.
If The One is really so far ahead, why do the dems still feel they have to cheat the vote?

re: #88 Colonel Panik

re: #87 Sharmuta

re: #60 Walter L. Newton

re: #112 auralitykev

Thank you all, very much. What an education I've received in scotch! LGFer's are the best.

re: #63 FurryOldGuyJeans

People like George Soros.

No doubt.

re: #155 Dianna

I'm sorry you heard that: invincible ignorance can be very discouraging.

I believe the reporting will make a lot of difference. I don't think people have realized how massive and pervasive ACORN's fraud has been.

I am not sorry one whit I overheard it. But I still say I doubt it will have a huge impact, at least where I live, simply becauseACORN's fraud has been a constant irritant here in Washington State for a large amount of people since the 2004 elections for the simple fact that they were one of the more visible groups that finagled the Gubernatorial rip-off. The rest of the conversation I overheard had the "scholar" saying Obama should learn from the Governor's race since stealing this (I suspect he meant the 2008) Presidential election is only fair to pay back the Right for stealing all the other elections. You can't become this stupid overnight.

re: #184 rw in san diego
did anyone tell ya glenfeddich?

re: #151 newsjunkie_ky

I agree with Rush. The market is afraid of an obamalama win, and an increase in capital gains taxes.

That really only explains selling until around 11,000 or at bottom, 10,000.

I think they are just in a wacked out panic that is totally divorced from reality.

Or Soros and his other hedge fund friends and Obama supporters are purposefully crashing the market to get their puppet elected. One would hope if this were the case that Cox and Paulson would catch them and stop them, but it really appears that both are utterly incapable of fulfilling their duties.

Beckel on Fox...time to turn it off.

re: #183 newsjunkie_ky

Let's hope all the PUMAs turn out for McCain.
I've written this before, in the 2000 election, my daughter witnessed the dems getting the homeless to vote with cigs and booze.
If The One is really so far ahead, why do the dems still feel they have to cheat the vote?

Why change your winning strategy of cheating? It is hard to fight clean when all one has done in the past is fight dirty.

re: #168 Sharmuta

PUMAs = 5-7 million voters
ACORN = 1.5 million new registrations

Thanks Sharm, I really needed that.

re: #127 FurryOldGuyJeans

But will the reporting really make a difference? I overheard a conversation in public the other day that Obama needs to be allowed these fraudulent registrations to offset the "massive voter fraud the Right had done for years, it is only fair."

//= you forgot something

re: #183 newsjunkie_ky

If The One is really so far ahead, why do the dems still feel they have to cheat the vote?

I think, like the scorpion in the fable, it's just their nature - to do anything to get what they think is their entitlement.

re: #187 ratso

Col Panik mentioned Glenlivet.

re: #190 taxfreekiller

Of some note: Pauson is a Democrat.

I know. WTF is wrong with GW Bush.

re: #190 taxfreekiller

Of some note: Pauson is a Democrat.

And Obama is a Marxist. Not much, but a slight difference, nevertheless.

re: #189 rw in san diego

Beckel on Fox...time to turn it off.

I would so like to reach through the screen and bitch slap him.

When US Equity took a huge hit so did my 401k I had to move to lower risk investing in hopes of weathering the storm. I noticed my company stock about to take a nose dive I sold a mix of stock that I bought at different prices to make up for the future loses but still retained stock that I had purchased at a lower price and have been pumping money into my company discount stock account to buy company stock in the first quarter. I'm sure prices will be somewhat lower. Everyone has to bite the bullet on this one, hoopefully the market will stabilize and recovery will be quick yet steady.

I still have faith in the free market I do not have faith in the government to fix anything unless they start reeling in spending (pork), slashing taxes and stop interfering with others people's money because they want every American to own a house or to be "fair."

I thankful I still have a job in a market that is still flourishing and my company has been making profits despite an expensive risk and move to the Denver Metro Area. God help us should we elect a leader that doesn't give a damn about economics. I've got some reading to do in economics and market trading.

re: #193 jorline

//= you forgot something

I didn't forget a thing. What I wrote was NOT sarcasm, but as direct a quote as I can remember from someone I overheard in public the other day. They spoke with great conviction and heat in my opinion to assuredly make it not sarcasm. You can't get this stupid overnight.

re: #189 rw in san diego

Beckel on Fox...time to turn it off.

Heard that POS countering the argument against Acorn by ranting about Diebold voting machines being set to give Republicans the advantage.

I've started dipping my toes into the market within my and my wife's retirement accounts. We are heavy in cash, so I'm not taking a big chance. Prices look much better here than they did at 14.000 on DOW. We have 7-10 years before we should need to start tapping the stock portion of the accounts.

re: #188 funky chicken

Given the well documented links of Democrat missteps and failed policies that specifically led and contributed to the financial mess we are in - that would be a risky strategy. Granted, they are trying to keep it simple and blame it all on BushCo's 8 years and that McCain would be another 4 years - but the main advantages that the Dems have on the economy are based on the cover provided by the MSM and the complete inability of the McCain campaign (or the Bush Admin) to lay out the case of how we got here on the doorstep of Frank, Dodd, Pelosi, and Reid.

There is plenty of time for the McCain campaign to push a full court press focusing on just the economy and hammering Obama and the Dems for their role in creating the mess. The press and Dems will scream foul / lies - but the facts and proof are there. They only thing lacking is the will to get into it.

re: #190 taxfreekiller

Of some note: Pauson is a Democrat.

I am sick and fucking tired of Republicans who want to be liked so much they appoint the enemy -- that's fucking you GWB and McCain. Did Reagan asked to be liked? Hell no, he just went out and "be'd" Reagan and you liked him. Well, as a teenager, I didn't like Reagan except for his foreign policy (I was Scoop Jackson Dem), but I've since grown up and the MSM haze has worn off.

re: #201 redstateredneck

Heard that POS countering the argument against Acorn by ranting about Diebold voting machines being set to give Republicans the advantage.

Of course, he had no real proof of that - just the accusation. It's as intellectually bankrupt as the Obama Communications pinhead who answered the charges around Ayers and Obama by calling Hannity and FNC anti-semitic because at one point they interviewed an anti-semite.

re: #204 SFGoth

I am sick and fucking tired of Republicans who want to be liked so much they appoint the enemy -- that's fucking you GWB and McCain.

Really. Partisan is NOT a bad thing.

Watch the market go back up if McCain's polling numbers get closer to Obama's.

The world markets can't "bear" the thought of a Chicago-style "community organizer" running the greatest capitalist society in the history of the world.

re: #205 Athos

Of course, he had no real proof of that - just the accusation. It's as intellectually bankrupt as the Obama Communications pinhead who answered the charges around Ayers and Obama by calling Hannity and FNC anti-semitic because at one point they interviewed an anti-semite.

If you say it enough times it must be true. That is how the democrats beat Republicans.

Found some great stocks out there like Apple and Intel - great chance for a guy like me who's a 25 yr old law student to get into the market

Govt now wants to get involved in student loans - while I'm thrilled, still, wtf?

re: #192 funky chicken

Thanks Sharm, I really needed that.

You're welcome, and I'll keep posting it for others.

re: #207 sagamoregal

Watch the market go back up if McCain's polling numbers get closer to Obama's.

The world markets can't "bear" the thought of a Chicago-style "community organizer" running the greatest capitalist society in the history of the world.

indeed !

I have been saying this too and really believe there is panic about Obama

re: #171 Spiny Norman

Oh, don't underestimate the Lizardoid Minion Army. I thought it was obvious.

;^)

It was

re: #209 Defector01

For those who keep their heads - wait a bit longer - there are going to be some real bargains. This is similar to 1987 - those who didn't panic, didn't sell if they were not forced to, rode the market back up.

As you look at your statements - those are only paper losses. They do not become real unless you do sell or liquidate. This is not the time to join the other lemmings.......

re: #201 redstateredneck

Heard that POS countering the argument against Acorn by ranting about Diebold voting machines being set to give Republicans the advantage.

tell you what, and NO liberal has ever had a comback with my voting gripe:

I have NEVER voted in anything other than PENCIL

now tell me, how SECURE is that ?

I listened to our Commander in Chief right after Sept 11, 2001 and went "shopping" to help save our country. I've shopped till I've dropped ever since then and have no money for the markets.

Actually, I've never believed in trusting one's hard-earned dollars in the hands of self-centered kids with Ivy League degrees.

Nick Gaurino, where are you? Bat phone calling......

oy gevalt, what a mess. and they want to take over the 401ks? congress is meshuggah

re: #217 Jewels (AKA Julian)

oy gevalt, what a mess. and they want to take over the 401ks? congress is meshuggah

Ironic that republicans are talking about nationalizing the financial system.

It's time for the McCain campaign to start running a series of ads strictly on the economic mess - start with a chart / images of the collapsing Dow - then roll into the cause - Fannie Mae / Freddie Mac / Countrywide -followed McCain calling for changes in 05/06. These are answered by clips of Franks and Dodd saying there is no problem there. Another ad can layout the Fannie / Freddie / Investment bank contributions going to Obama / Dodd to protect, Raines and Johnson on Obama's campaign, and how Obama is intertwined in the problem.

Almost 70% of American's believe the economy is the biggest issue - that is where McCain has to hit hard - and despite the spin, Obama is very very vulnerable. (It wouldn't hurt to similarities of Obama policies and statements to Carter and the results of 18% prime rates and 23% mortgage rates.....)

re: #200 FurryOldGuyJeans

I didn't forget a thing. What I wrote was NOT sarcasm, but as direct a quote as I can remember from someone I overheard in public the other day. They spoke with great conviction and heat in my opinion to assuredly make it not sarcasm. You can't get this stupid overnight.

I know what you meant FOGJ...that's why I hit the extra /sarc tag

And you're right, some are born that way...or is it a learned trait?

re: #219 Athos

It's time for the McCain campaign to start running a series of ads strictly on the economic mess - start with a chart / images of the collapsing Dow - then roll into the cause - Fannie Mae / Freddie Mac / Countrywide -followed McCain calling for changes in 05/06. These are answered by clips of Franks and Dodd saying there is no problem there. Another ad can layout the Fannie / Freddie / Investment bank contributions going to Obama / Dodd to protect, Raines and Johnson on Obama's campaign, and how Obama is intertwined in the problem.

Almost 70% of American's believe the economy is the biggest issue - that is where McCain has to hit hard - and despite the spin, Obama is very very vulnerable. (It wouldn't hurt to similarities of Obama policies and statements to Carter and the results of 18% prime rates and 23% mortgage rates.....)

I absolutely agree.

Any intelligent comment on this mess, would show he's qualified to be president.

And would almost be the *first* intelligent comment on this mess, that anyone has made (in public).

Dubya's speech this morning, was poorly written and nearly devoid of content, contained several misleading claims. Ugh.

re: #221 itellu3times

Dubya's speech this morning, was poorly written and nearly devoid of content, contained several misleading claims. Ugh.

--------------
Does he really think he even matters anymore? Aside from the fact that he has no credibility with anyone on almost anything, he's the most inarticulate president we've had since the invention of radio. Yeah, I voted for him, but only because the options were worse and worser (lol). Dubya, you're a big government social conservative. Shut up and go away already.

I am so glad I have no savings to lose. Glad not to be in debt, either.

This will get worse before it hits bottom.

re: #213 Athos

I'm not planning on running out, I'm still looking for good bargains and the things I bought like Apple, Intel, Microsoft and Costco aren't going anywhere and they aren't falling apart. So yeah sooner or later I'm going to ride them back up and I'm going to make a bloody mint.

The issue is finding real 'deals', I'm even looking at GM and Ford just because they're that cheap but I doubt that'll mean I can make money. Boeing? Prudential? Wells Fargo? Qualcomm? I'm still looking.

re: #222 SFGoth

Ironically if he wanted to, he could've gone on TV and called out all the SOBs who did this, and he would've been shown leadership and real fire. He's basically worthless and this alone is destroying his Iraq and terrorism legacy.

The market is flushing the bad mortgage paper down the toilet. What's scary is how much the bad paper inflated other parts of the economy, and absorbed available credit. Once it's gone, there will be a rebound of fundamentally sound companies that, unlike Lehman Brothers, didn't "bet the farm", or overextend themselves, on the bad paper.

It's painful to take the personal hit. The "aggressive investment" part of my retirement account is way down, just like when the dot com bubble burst. And I've fired the broker.

On the other hand, there were elements of scam written all over this from the beginning. Housing giveaways to poor families (called "affordable housing" in the jargon of the left) should have been made as outright grants. That way they would have been booked as requiring tax increases or sales of government debt to pay for them. Instead, they were camouflaged as "loans", repackaged by Wall Street (at a profit, of course), and sold to the suckers, of whom my broker was one.

This risky financing scheme (created by Jimmy Carter and the Democrat Party, and eventually supported by some hapless Republicans) now is fully exposed, and the tax bill comes due immediately through the "bailout".

Thanks to Democrats Barney Frank, Chris Dodd, and the rest of the Democrats in Congress who defended this scheme successfully, we're all suckers now.

re: #223 calcajun

Personal savings in a US bank or credit union are safe enough.

If the country collapses so badly that the FDIC gives up the ghost, I think by then we'd have bigger things to worry about than how many little pieces of paper we own.

I have been thinking that on this day (fittingly, just a day after the Day of Atonement) we are all collectively paying for our sins within society. Perhaps G-d doesn't need to smite us with locusts, earthquakes, and the Red Sea. Think about it- "He who lives by the sword dies by the sword" is rather out of date now. I don't even have a good steak knife at home. Instead, our "civilization" has allowed us to face our hubris in a more contemporary manner- a fate linked to the almighty dollar. Death by Economy. Think about what modern society is going to look like in just a few months. At BEST, we will be living in a completely socialized state, with government control of all institutions. We will have the perfect man at the helm, a self-loathing socialist who can project his own lack of self and inadequacy onto an easy target -the USA. We can thank Bush and our corrupt leaders in BOTH government and finance for this unparalleled disaster. By allowing the fox to keep the keys to the hen house, we all get what we deserve. Perhaps the worst part of this summary is that it is really true. "The West" will be gone by the end of one, short 4 year term. England is already Englandistan. Self-induced death. Israel's clock is ticking fast, another self-induced death (and that might be an even bigger factor behind G-d's handiwork). What remains will be like something out of a bad science fiction novel.

re: #190 taxfreekiller

Of some note: Pauson is a Democrat.

I've always thought that one of Bush's biggest mistakes was not cleaning house when he was elected (both times) and putting in solid Republicans everywhere possible. I'm not surprised that he didn't, but it was a mistake that contributed to many actual and perceived problems. You have to have people around you that are actually on your side and have your interests/policies at heart rather than trying to screw you up every chance they get (intentionally or otherwise.)

I foresee this being a possible problem in a McCain administration.

re: #224 Defector01

I'm not planning on running out, I'm still looking for good bargains

munis at 6%

re: #230 sadhu

munis at 6%

that's 6%, tax free

re: #231 sadhu

that's 6%, tax free

And if the Munis go belly-up it's definitely tax free. I wouldn't put my $ into munis with property values cratering and public sector bennies skyrocketing. Check out Vallejo, CA. That's just the tip folks.

re: #232 SFGoth

And if the Munis go belly-up it's definitely tax free

:), true

re: #229 dmjung

I've always thought that one of Bush's biggest mistakes was not cleaning house when he was elected (both times) and putting in solid Republicans everywhere possible. I'm not surprised that he didn't, but it was a mistake that contributed to many actual and perceived problems. You have to have people around you that are actually on your side and have your interests/policies at heart rather than trying to screw you up every chance they get (intentionally or otherwise.)

I foresee this being a possiblelikely problem in a McCain administration.

fixed it.

It is the direct result of seeing "reaching across the aisle" as a core value. President Bush was blindsided by partisanship in DC that far exceeded what he ever experienced in Texas. McCain, a product of the collegial Senate (like Bob Dole) is being hamstrung by offering bipartisanship and respect that is not reciprocal on the part of the Dems.

The press just makes it worse by hammering any conservative who dares act in kind as opposed to just "acting kind".

205 Athos 10/10/08 9:33:08 am reply quote 0

re: #201 redstateredneck

......the Obama Communications pinhead who answered the charges around Ayers and Obama by calling Hannity and FNC anti-semitic because at one point they interviewed an anti-semite.

I saw that. The Obama spokesman was disgusting!

He was suggesting Hannity may be an antisemite because he once interviewed a guest who had allegedly made some antisemitic comments. A sort of guilt by association. But Hannity is a journalist.....and he interviews undesirables including antisemites and terrorist sympathizers. It's just part of Hannity's job and he doesn't fraternize with them.

On the other hand.....Obama attended a church which is racist against whites and Jews. His church has praised noted antisemite Louis Farrakhan; Obama's friend Bill Ayers Weather Underground terrosist group has also perpetrated a terrorist attack against the Israeli Aircraft Industries Building. And how about Obama's association with antisemite Edward Said and PLO member Rashid Khalidi?

So who is the antisemite? Hannity or Obama?