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RE: Dow ends at lowest close in more than 6 years - 2/19/2009 7:26:48 PM   
Hippiekinkster


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quote:

ORIGINAL: OneMoreWaste

Back in October I said the Dow wouldn't stop falling 'til it hit 6000, and I still stand by my prediction. I'll state again that for decades on end, 5000 was the *ceiling*.

Anyone with any sense whatsoever knows that printing more dough and giving it to the same people that got us into this mess is noooooowt exactly a gold-star plan.

I predicted on another perv board that the DJIA would end up below 5000. I might have said that here, too, I don't recall. But the world is headed for a serious depression.

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(in reply to OneMoreWaste)
Profile   Post #: 21
RE: Dow ends at lowest close in more than 6 years - 2/19/2009 7:52:15 PM   
NeedToUseYou


Posts: 2297
Joined: 12/24/2005
From: None of your business
Status: offline 		Yep, people voted for Obama under the false pretense of change, and got more Bush style economic policies. Let's see would Dems be enraged if a trillion dollars got spent under Bush and the republicans would not give anyone time to even read it thoroughly. I'm pretty sure every Dem. would be outraged.

Well, the Dems did that, where is the outrage, if no outrage then it is purely political, and you are a mindless sheeple. (That is the worst thing to be by the way, I could call a person a cunt, bastard, fucker, whatever, and it wouldn't approach the disgust I have for sheeple).

So, if you were agaisnt the Bush Plan, you should be against this one, passed under lockbox, and pushed threw before a proper review. Lovely. Also, if you are a republican, and you were for Bush's plan, you should be for this one, its the same fucking thing in a slightly different form. More debt, More welfare for the non-productive, whether that be corporate or individuals same damn thing.

Oh, well, until people get  that Dems or Repubs are only different in the corruption they prefer, we will not have a good government. Individuals can be good, no one inherits that quality from merely being associated with a group. LOL.

Football mentality is great for football watching, but not for running a country. One must concede some players are better than others, even if that person isn't on your team, and some of your team members are pieces of shit as well.

Unfortunately the good combined from both parties could fit in a mini-van.


(in reply to Sanity)
Profile   Post #: 22
RE: Dow ends at lowest close in more than 6 years - 2/19/2009 8:07:33 PM   
MzMia


Posts: 5333
Joined: 7/30/2004
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quote:

ORIGINAL: OneMoreWaste

Back in October I said the Dow wouldn't stop falling 'til it hit 6000, and I still stand by my prediction. I'll state again that for decades on end, 5000 was the *ceiling*.

Anyone with any sense whatsoever knows that printing more dough and giving it to the same people that got us into this mess is noooooowt exactly a gold-star plan.



I think 6000 is about right.
I have been saying this for a long time also.
Perhaps when we get the next round of layoffs in a few months,
and the economy sinks even further down the toilet.

What gets me is, why is anyone surprised?
Things are bad, and getting worse.
At this point, if you don't see that, you need to buy a clue.
We are headed for a depression.....

< Message edited by MzMia -- 2/19/2009 8:20:25 PM >

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(in reply to OneMoreWaste)
Profile   Post #: 23
RE: Dow ends at lowest close in more than 6 years - 2/19/2009 8:24:57 PM   
OneMoreWaste


Posts: 910
Joined: 8/24/2008
Status: offline 		People are surprised because they didn't realize that we've been riding a bubble for the past twenty years. In a matter of months we went from business as usual to "the worst crisis since the Great Depression" for no practical reason- California didn't fall into the ocean, there was no nuclear war, no global famine, the world's oil supply didn't run out, nothing! There's just been a catastrophic domino effect as houses of cards collapse, which just make no sense to somebody whose concerns are primarily real-world. Hell, gas prices are going down, that should be *fixing* all our problems, right?


< Message edited by OneMoreWaste -- 2/19/2009 8:31:36 PM >

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Profile   Post #: 24
RE: Dow ends at lowest close in more than 6 years - 2/19/2009 8:29:54 PM   
MzMia


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quote:

ORIGINAL: OneMoreWaste

People are surprised because they didn't realize that we've been riding a bubble for the past twenty years. In a matter of months we went from business as usual to "the worst crisis since the Great Depression" for no practical reason- California didn't fall into the ocean, there was no nuclear war, no global famine, the world's oil supply didn't run out, nothing! There's just been a catastrophic domino effect as houses of cards collapse, which just make no sense to somebody whose concerns are primarily real-world.


You might have a point.
I have felt we were headed for a Depression for about  a year.
Of course, months ago I was ridiculed, but not so much now.
The signs have been here for a long time, the housing situation started getting bad
at the end of 2007.
Things have certainly been deteriorating for over a year, and each month just steadily
getting worse.

< Message edited by MzMia -- 2/19/2009 8:30:26 PM >

_____________________________

Namaste'
To Each His/Her Own
"DENIAL ain't just a river in Egypt." Mark Twain


What's your favorite fetish?
"My partner's whisper"--bloomswell

(in reply to OneMoreWaste)
Profile   Post #: 25
RE: Dow ends at lowest close in more than 6 years - 2/19/2009 9:33:53 PM   
rulemylife


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quote:

ORIGINAL: NeedToUseYou

Yep, people voted for Obama under the false pretense of change...................



No, we voted for him to do exactly what he is doing.

This nonsense with conservatives feigning outrage and surprise is getting ridiculous.

All these policies that are being put into effect are exactly what he outlined during the campaign.

(in reply to NeedToUseYou)
Profile   Post #: 26
RE: Dow ends at lowest close in more than 6 years - 2/19/2009 10:04:37 PM   
NeedToUseYou


Posts: 2297
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From: None of your business
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quote:

ORIGINAL: rulemylife

quote:

ORIGINAL: NeedToUseYou

Yep, people voted for Obama under the false pretense of change...................



No, we voted for him to do exactly what he is doing.

This nonsense with conservatives feigning outrage and surprise is getting ridiculous.

All these policies that are being put into effect are exactly what he outlined during the campaign.



So, you voted him in to continue Bushes policy of outrageous debt accumulation, and to force bills through without giving a chance for anyone to read it?

wow, if that is what your dream government is I think you have it.

(in reply to rulemylife)
Profile   Post #: 27
RE: Dow ends at lowest close in more than 6 years - 2/19/2009 10:25:12 PM   
Hippiekinkster


Posts: 5512
Joined: 11/20/2007
From: Liechtenstein
Status: offline
quote:

ORIGINAL: OneMoreWaste

People are surprised because they didn't realize that we've been riding a bubble for the past twenty years. In a matter of months we went from business as usual to "the worst crisis since the Great Depression" for no practical reason- California didn't fall into the ocean, there was no nuclear war, no global famine, the world's oil supply didn't run out, nothing! There's just been a catastrophic domino effect as houses of cards collapse, which just make no sense to somebody whose concerns are primarily real-world. Hell, gas prices are going down, that should be *fixing* all our problems, right?

We've been riding a bubble since WW II.
http://antiwar.com/radio/2009/02/05/chalmers-johnson-7/

_____________________________

"We are convinced that freedom w/o Socialism is privilege and injustice, and that Socialism w/o freedom is slavery and brutality." Bakunin

“Nothing we do, however virtuous, can be accomplished alone; therefore we are saved by love.” Reinhold Ne

(in reply to OneMoreWaste)
Profile   Post #: 28
RE: Dow ends at lowest close in more than 6 years - 2/19/2009 11:25:40 PM   
corysub


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quote:

ORIGINAL: NormalOutside







Why would we go into a new dark age if the stock market and financial system fell apart?  We survived for 2 million years before we invented it, I'm sure we can make do without.  Things will change, but change is exactly what people voted for.  They just thought "change" meant "we'll be rich soon".




You mean "change" didn't mean we will be rich soon?  I don't think most of us understand the liberal mentality and their agenda..Liberals don't want to make anyone rich...they want to make everyone poor...and they will tell us exactly when, what and where...as long as it is politically correct and environmentally sound.

(in reply to NormalOutside)
Profile   Post #: 29
RE: Dow ends at lowest close in more than 6 years - 2/20/2009 3:46:21 AM   
TNstepsout


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quote:

ORIGINAL: NormalOutside

Who cares about party affiliation anymore?  If you do, you're a fool.  That's political crap that we invented to confuse and mislead each other.  What actually matters are things like happiness, community, love, kinky bdsm sex with cumshots galore, sound money, personal freedom, science, equality, and so forth.  We're focussed on RIDICULOUS things, people, seriously.  Think about what you put your mental energy into.  Fighting about stupid "parties" is madness, much like Sparta!  Don't do it.  Think about what is real.  Realize you are connected to the planet you're standing on right now.  That is what matters, not the stupid political/economic GAME that we invented.  It's done, fallling apart around us.  Pick up things that matter, improve relationships, get your shit together. 


Oh my! That's incredibly well said.  *insert standing ovation icon*

(in reply to NormalOutside)
Profile   Post #: 30
RE: Dow ends at lowest close in more than 6 years - 2/20/2009 4:55:05 AM   
cjan


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Joined: 2/21/2008
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quote:

ORIGINAL: corysub
  I don't think most of us understand the liberal mentality and their agenda..Liberals don't want to make anyone rich...they want to make everyone poor...and they will tell us exactly when, what and where...as long as it is politically correct and environmentally sound.


quote:

cory qoute:

Yea.. I saw that video and actually also posted it on another thread about the coming civil war in this country.


cory, have you been wearing your helmet  ?


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(in reply to corysub)
Profile   Post #: 31
RE: Dow ends at lowest close in more than 6 years - 2/20/2009 5:59:52 AM   
DedicatedDom40


Posts: 350
Joined: 9/22/2005
Status: offline 		The rise we saw was all manipulated anyhow.  A byproduct of our 'financial engineering' days.

http://www.mdleasing.com/djia.htm

It took 103 years for the Dow to first close above 2,000 in 1987.  That was through one depression and during the era of honest business/honest compensation.  It was during a time when we made things in this country, and we didnt tie CEO pay to stock performance.

It only took 20 more years to go above 14,000. During this period, we stopped making lots of things here and shipped everything overseas.

Tell me how both political sides didnt manipulate the hell out of it.  Talk about being 'away from fundamentals'.

It is simply recovering.  No public alarm bells, public shedding of tears, or silly one-sided political finger pointing is needed.

Anyone who thinks we can maintain a Dow above 10,000 (hell, more like 5,000) without our manufacturing economic engine present and our financial economic engine corrupt and self-imploding is one irrational individual.






< Message edited by DedicatedDom40 -- 2/20/2009 6:33:46 AM >

(in reply to kittinSol)
Profile   Post #: 32
RE: Dow ends at lowest close in more than 6 years - 2/20/2009 6:00:45 AM   
Sanity


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From: Nampa, Idaho USA
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President Obama's economic policies can be summed up in three words:

Welcome back, Carter.




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Profile   Post #: 33
RE: Dow ends at lowest close in more than 6 years - 2/20/2009 6:28:57 AM   
Lorr47


Posts: 862
Joined: 3/13/2007
Status: offline
quote:

ORIGINAL: OneMoreWaste

Back in October I said the Dow wouldn't stop falling 'til it hit 6000, and I still stand by my prediction. I'll state again that for decades on end, 5000 was the *ceiling*.

Anyone with any sense whatsoever knows that printing more dough and giving it to the same people that got us into this mess is noooooowt exactly a gold-star plan.


Did you mean 5000 will be the floor or 5000 will be the ceiling in years to come?


(in reply to OneMoreWaste)
Profile   Post #: 34
RE: Dow ends at lowest close in more than 6 years - 2/20/2009 6:31:19 AM   
Lorr47


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quote:

ORIGINAL: MasterShake69

if it were to hit zero....this country and the entire world would be a very very bad place to live.  we would begin a new dark ages.



But we just got out of the dark ages where torture ruled and fiefdoms controlled the masses!

(in reply to MasterShake69)
Profile   Post #: 35
RE: Dow ends at lowest close in more than 6 years - 2/20/2009 6:39:09 AM   
rexrgisformidoni


Posts: 578
Joined: 9/20/2008
Status: offline
quote:

ORIGINAL: kittinSol

quote:

ORIGINAL: NormalOutside

Who cares about party affiliation anymore?  If you do, you're a fool.  That's political crap that we invented to confuse and mislead each other.  What actually matters are things like happiness, community, love, kinky bdsm sex with cumshots galore, sound money, personal freedom, science, equality, and so forth.  We're focussed on RIDICULOUS things, people, seriously.  Think about what you put your mental energy into.  Fighting about stupid "parties" is madness, much like Sparta!  Don't do it.  Think about what is real.  Realize you are connected to the planet you're standing on right now.  That is what matters, not the stupid political/economic GAME that we invented.  It's done, fallling apart around us.  Pick up things that matter, improve relationships, get your shit together.  And of course, buy silver.  If you do nothing else, buy physical in-your-hand silver.


In an ideal world, I would agree with you. This, however, is the world that just went through one of the most asinine, destructive, evil political party rule in history. So... yeah, party affiliation matters.




and why does it matter? just curious, I think they are all a bunch of hype and crap.


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(in reply to kittinSol)
Profile   Post #: 36
RE: Dow ends at lowest close in more than 6 years - 2/20/2009 6:45:33 AM   
Lorr47


Posts: 862
Joined: 3/13/2007
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quote:

ORIGINAL: Hippiekinkster

quote:

ORIGINAL: OneMoreWaste

Back in October I said the Dow wouldn't stop falling 'til it hit 6000, and I still stand by my prediction. I'll state again that for decades on end, 5000 was the *ceiling*.

Anyone with any sense whatsoever knows that printing more dough and giving it to the same people that got us into this mess is noooooowt exactly a gold-star plan.

I predicted on another perv board that the DJIA would end up below 5000. I might have said that here, too, I don't recall. But the world is headed for a serious depression.


The only question is which will be worse:  the '39 Depression or the Bush Depression. The only thing the cons can advocate is more tax cuts for Exxon and for less regulation for Enron  (sic) types the Bushs' power built.  That sounds vaguely familiar. Oh yeh, that is why we are here!

(in reply to Hippiekinkster)
Profile   Post #: 37
RE: Dow ends at lowest close in more than 6 years - 2/20/2009 6:53:16 AM   
Lorr47


Posts: 862
Joined: 3/13/2007
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quote:

ORIGINAL: rulemylife

quote:

ORIGINAL: NeedToUseYou

Yep, people voted for Obama under the false pretense of change...................



No, we voted for him to do exactly what he is doing.

This nonsense with conservatives feigning outrage and surprise is getting ridiculous.

All these policies that are being put into effect are exactly what he outlined during the campaign.



Yes, he is doing exactly what we thought he would do.  Only the cons nonsense says otherwise.  The aimis to make the republicans look like the dishonest whimpering obstructionists they are; destroy the republican party in the next election for starting this depression and then playing politics and making the depression worse; then allowing Hillary and Obama to rule for 16 years.  We may allow the republicans to have a convention, maybe for window dressing.

< Message edited by Lorr47 -- 2/20/2009 6:56:22 AM >

(in reply to rulemylife)
Profile   Post #: 38
RE: Dow ends at lowest close in more than 6 years - 2/20/2009 6:55:25 AM   
DedicatedDom40


Posts: 350
Joined: 9/22/2005
Status: offline 		Two things our government deliberately orchestrated to soften the job loss blow from NAFTA was to deregulate and emphasize the financial side of our economy (which is now collapsing), and hire more people into government service (which is now accelerating even more with the stimulus).  The early revolt from manufacturing job loss was there, but it was muted by a manipulated bullish stock market and the job creation happening both in government and in the financial sector from all the new financial engineering going on.


(in reply to Lorr47)
Profile   Post #: 39
RE: Dow ends at lowest close in more than 6 years - 2/20/2009 7:32:54 AM   
KaineD


Posts: 497
Joined: 2/14/2006
Status: offline
quote:

ORIGINAL: corysub

You mean "change" didn't mean we will be rich soon?  I don't think most of us understand the liberal mentality and their agenda..Liberals don't want to make anyone rich...they want to make everyone poor...and they will tell us exactly when, what and where...as long as it is politically correct and environmentally sound.


Just stop.  Okay?  Just... just stop.  You're as blindly partisan as they come.  You are hurting your country.

(in reply to corysub)
Profile   Post #: 40
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