Meanwhile, Wall Street went down the toilet today..

[Virginia Dare]

250 points down at closing. Wasn't just the other day, the idiot in chief was telling us how solid the economy was? :woohoo:

[SpiralHawk]

1. "America is surging to vastly higher profits." - Commander AWOL

"Yesiree, we are going to see massive profits for republicon homelander cronies, Smirk. Too bad about you little people. Smirk."

- Commander AWOL

[rodeodance]

2. again

[hobbit709]

3. Don't you know by now he's an oposite

[Bonobo]

4. Good. When that swamp is drained, maybe we can pick up the pieces and live life

in our local communities like normal fucking poeple.

[Blue_In_AK]

22. That's nice, EXCEPT...

some of us have our retirement money invested (what else are we going to do with it?), and the stock market tanking doesn't help us one bit. My husband and I have two small IRAs and we've lost $25,000 in the past two months, 13% of so of the total value. That kind of sucks considering that social security is in trouble, too.

We can't even take the money out and do something else with it because we would get socked by the IRS.

Our stockbroker says everything should improve after the election. He readily agrees that this is all George Bush's fault.

[Blue_In_AK]

23. Delete - not sure why this posted twice.

[Joanne98]

5. I play the Investopedia game!!! With fake money.......

And I've made 2000.00 off Barricks Gold ABX in the last week!

[damntexdem]

6. The economy solid? Well so is a lot of shit.

But now the economy obviously needs some Pepto Bismol.

[SmokingJacket]

7. The stock market is just a casino.

The economy has been in the toilet a long time; the stock market has nothing to do with it.

[Virginia Dare]

8. Tell that to the idiot in charge...n/t

[pretzel4gore]

9. the fed spent $60 billion last week...

propping up the market, but the pigmedia ignores it (few people even know of it-this is the 4th time in last few months) the fed simply gets the gov to prints the money, and quietly inflate the economy, neat eh?
and the hard men who want lawn'order even if it costs them some civil rights? The tough guys who say 'locken up and throwaway the key'? apparently they aren't hard men at all :shrug:

[Mr Rabble]

10. Actually, that is not correct.

The government does not print money.

The Federal Reserve prints money, and then loans it to the government.

Keep in mind that the Federal Reserve is not a part of the government in any way. It is a private corporation, in business to make profit by loaning the US government money.

[pretzel4gore]

15. good to re clarify that anomaly...who'n hell is the Fed Reserve?

The idyit media gets so wise when it comes to pointing up oj's creepy doings, going so far as to mention his credit card co! but a little detail like who prints the peoples' money?
NOOOOO!
Everything about the economic news media is annoying: every corruption in our society is blatant displayed by the 'harpy capitalists' (local nazipoohs say 'happy capitalism' as if it's merry exmass) economic coverage...the greedy punks hide $60 billion thrown away, but spend $1 billion on rapid transit! OMG! The howls are already in the pipeline...
perverts are guarding the pre school!

[FreeStateDemocrat]

17. Why is their chairman appointed by the president?

[Mr Rabble]

19. That is the way the Fed Reserve Act of 1913 was written.

The purpose of this clause was to ensure that the Fed is so intertwined with the US Government, that they cant possibly be seperated. It essentially gives the position an aura of official clout.

Still does not change the facts, which are that the Fed Reserve is a private, for profit corporation.

[mr_hat]

20. Actually, that is not correct.

The Fed lends it to the government.

[Mr Rabble]

21. I think you replied to the wrong post.

That is exactly what I said, and you replied to me...:)

[slackmaster]

11. I hope it stays down for another week

Next Friday is payday, and I want to acquire as many SHARES as possible in my 401k contribution.

[Virginia Dare]

13. If you look at the stocks that fell, disaster looms unfortunately..

it's all the consumer driven companies. AMEX fell because people weren't paying their bills last month. Starbucks and McDonalds are tanking because people can't afford their lattes and Egg McMuffins anymore. The consumer was the only thing that was propping this economy up,and it was all borrowed money. We're in it deep.

[CK_John]

12. No one will notice until it breaks 8000 and their 401k's are wallpaper.

The Fed chairman has been screaming fire all month, a warning to the big money people to get the hell out, and Joe sixpack just reads the comics.

[ladjf]

14. Every time he opens his mouth about the economy, the market

"tanks". There's got to be some way to shut that crazy war criminal and traitor up.

[pretzel4gore]

18. that's it!

they can't. they's stuck with gibbering george, the 1/2 wit of pennsylvania ave! Will Nov never come? they're whining to each other....
dead men walking, imo

[kentuck]

16. What's with the little "woohoo"?

Is this something we should cheer about? On second thought, maybe it is?