Dow Plunges to a 2 Year Low

Ok boys and girls, the Dow is below 11,000 for the first time in over 2 years, but this terrible economy is just a figment of my imagination, I must be a whiner. Oh yea, $4.20/gallon gasoline is just my imagination and I should not whine. The plunging housing market is just imaginary and I should stop whining.

Glad McCain has a plan, his plan is just stop the fuck whining! Easy to implement plan!

Bman wrote:Ok boys and girls, the Dow is below 11,000 for the first time in over 2 years, but this terrible economy is just a figment of my imagination, I must be a whiner. Oh yea, $4.20/gallon gasoline is just my imagination and I should not whine. The plunging housing market is just imaginary and I should stop whining.

Glad McCain has a plan, his plan is just stop the fuck whining! Easy to implement plan!

This is good, let it go down... dunno how menay people have been saying for years that the DJIA was vastly over-valued... here we go... shove it back to 2006.

We aren't whining are we?

If it's headed down, shouldn't we be buying nano-tech companies producing "nanowires" initially for solar panels?

Bman's such an optimist. Oh well, as soon as Obama waves his magic wand, we will all be riding high in the saddle again!

pez wrote:

Bman wrote:Ok boys and girls, the Dow is below 11,000 for the first time in over 2 years, but this terrible economy is just a figment of my imagination, I must be a whiner. Oh yea, $4.20/gallon gasoline is just my imagination and I should not whine. The plunging housing market is just imaginary and I should stop whining.

Glad McCain has a plan, his plan is just stop the fuck whining! Easy to implement plan!

This is good, let it go down... dunno how menay people have been saying for years that the DJIA was vastly over-valued... here we go... shove it back to 2006.

That's right. This is a great time to invest. I need to up my 401K contributions.

wonder whether the big wigs of indymac are whining they are wondering why their gravy train crashed! they are having nightmares and major psychotic breaks, not just the run of the mill mental depression the rest of us reality-oriented folks are now informed we have

Bman wrote:Ok boys and girls, the Dow is below 11,000 for the first time in over 2 years, but this terrible economy is just a figment of my imagination, I must be a whiner. Oh yea, $4.20/gallon gasoline is just my imagination and I should not whine. The plunging housing market is just imaginary and I should stop whining.

Glad McCain has a plan, his plan is just stop the fuck whining! Easy to implement plan!

You're right.. the better plan to stimulate the economy is to raise taxes and increase government spending...

cardinal5150 wrote:

Bman wrote:Ok boys and girls, the Dow is below 11,000 for the first time in over 2 years, but this terrible economy is just a figment of my imagination, I must be a whiner. Oh yea, $4.20/gallon gasoline is just my imagination and I should not whine. The plunging housing market is just imaginary and I should stop whining.

Glad McCain has a plan, his plan is just stop the fuck whining! Easy to implement plan!

You're right.. the better plan to stimulate the economy is to raise taxes and increase government spending...

Well if nobody can or will step forward and begin to clean up, from the corp exec sector and THEY ARE THE ONES WHINING ABOUT A GOVERNMENT BAILOUT isn't the Government the only other entity that we can count on (or should be able to) act on behalf of all the people to mediate?

Where much is given, much is expected.

Screw tax raises, lets just institute a flat tax... no bitching! Nah, that's too simple and logical, it needs to be so complex that we don't know up from down, and THEN we could possibly have someone to blame.

meta4 wrote:
Well if nobody can or will step forward and begin to clean up, from the corp exec sector and THEY ARE THE ONES WHINING ABOUT A GOVERNMENT BAILOUT isn't the Government the only other entity that we can count on (or should be able to) act on behalf of all the people to mediate?

Actually... the overwhelming majority of businesses DON'T want a gov't bailout.. the only ones who really want it are those who are failing. Bear Sterns didn't ask for one, Jamie Dimon just happened to be able to convince them to help. Basically a "what is it worth to you for me to do this?"

The Government is the one who created the loopholes that are being exploited now. Let's not forget that.

There's no mediating needed. When you were a kid if you spent your money on something stupid did your parents give you more money or did they tell you "hey, you bought it"? Didn't you learn the first time you had to live with your choices in life that you need to watch out for yourself?

Where much is given, much is expected.

Screw tax raises, lets just institute a flat tax... no bitching! Nah, that's too simple and logical, it needs to be so complex that we don't know up from down, and THEN we could possibly have someone to blame.

I'm all for a flat tax... would love to see one. And completely agree that it'll never happen because then there will be no one to blame.

Doesnt every government bailout effectively mean the same as printing more money? Is the fed really sitting on billions?