The Conservative Cave
Current Events => The DUmpster => Topic started by: USA4ME on February 10, 2009, 01:36:47 PM
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newtothegame
Stock market ridiculous today...DOW down over 4% to 7936...334 points down since this morning
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x5023625
Pale Blue Dot
1. Ask yourself "why?"
Thrill
2. trying to make the govt do things their way.
could they be more obvious?
DJ13
4. Geithner should have just nationalized the banks
I doubt the markets would have reacted any worse.
Wall Street is an ungrateful bunch who seem incapable of understanding that Obama and Geithner are refusing to nationalize the banks (which many top economists recommend) just to protect the banking sector investors from losing it all.
INdemo
5. I sometimes think that the rich Republican investors and investment brokers purposely manipulate the markets just so they can get those talking points in the media to discredit President Obama's economic plans.(just for the sake of Republicanism)Then too some of these investors could be buying short and still making money.
yodoobo
Is Wallstreet conspiring against Obama?
I swear every time Obama speaks and explains what is necessary to fix this mess we are in, they go and lower the DOW.
Obama did a fine speech last night, explained very well what needs to be done. How does Wallstreet react? They lower the DOW by 350 points today! Its Bullshit with a capital B!
Is it payback over capping wallstreet salaries at 1/2 million?
Wtf is going on?
http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=389&topic_id=5023469&mesg_id=5023469
thewiseguy
1. Oh please.. :whatever:
yodoobo
Response to Reply #1
4. I don't mean this as a conspiracy nonsense post
I'm just trying to understand wtf is going on.
The market should be going up. I'm so tired of my retirement slipping away due to these thieving bastards.
thewiseguy
Response to Reply #4
12. With all these dismal earning reports you still think the market should be going up? Just because Obama delivered a magnificent speech?
NightWatcher
2. I thought the Dow was tanking because of Geithner saying what he wants to do with the rest of the stimulus, but I dont know too much about Economics
seemslikeadream
3. the very wealthy have been stalling the inevitable so they can STEAL all the money they can before it goes poof
Pale Blue Dot
6. You've got to be kidding me.
Wall Street's only - I repeat, only - motivation is making money. They could give two shits about who's in charge. You know how we all complain when Wall Street jumps up after some big layoff is announced? That's because they are predicting that those layoffs will increase the profitablity of the company in the future, causing the stock price to jump, thereby increasing their (Wall Street's) profits.
Today they are making a huge, huge bet that the stimulus won't work. They may be right (I think they are) or they may be wrong, but to see an anti-Obama conspiracy in this is simply ridiculous.
OK, who's mole is the Pale Blue Dot primitive?
Donnachaidh
7. no -- they are conspiring against anything that isn't corporate welfare
It doesn't matter WHO is coming up with solutions. They will argue AGAINST *anything* that doesn't give them cash with no accountability, and no ceiling caps.
Statistical
9. No it was idiot Geitner speaking today that moved the market
His "plan" wasn't a plan more like a collection of half thought out ideas with no specifics.
If you "tease" the street about a "plan" for a couple weeks and then pull a Geitner the market is going to tank.
Hell if I could have got an advance copy of Geitner's speech yesterday I would have sold everything and bought SPY 90 Feb Puts.
Based on the transcripts of his speech is was 100% guaranteed the market was going to tank.
Quick tip for Geitner:
1) If you don't have a plan then shut the f**** up.
2) Better to have people think you are a fool then open your mouth and remove all doubt.
3) A plan is more than a rambling collection of ideas without details.
4) For the love of God don't say "we are devising a system to price the assets" because that means "we have no friggin clue on how much this crap is worth and likely never will".
If you have nothing to say then say nothing.
Greyhound
17. No, against America, just as they have been for our whole lives.
This sector produces nothing, yet sucks up 1/3 of the economy.
DS1
26. They might have to actually hire people back
bad for profits
Raven
Watch the Stock Market. It is beginning to move.
http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=389&topic_id=5023174&mesg_id=5023174
CoffeeCat
1. up or down?,
Isn't this week supposed to be all fire and brimstone in the stock market?
It must have gone up quite a bit yesterday...
Uh.......No, it didn't. It finished down yesterday.
CoffeeCat
Response to Reply #1
2. Shyte!
The Dow is down 260.
The media blames Geithner.
No wonder they waited a day!
Andy823
Response to Reply #2
6. They should be blaming Republicans who are trying their best to kill the bill in congress. Until they pass that bill I don't see any great movement "UP" for the tock market, and then It will still be up and down from day to day with no real "huge" gains for some time. Of course a gain of "any kind" will be a welcome sight.
CoffeeCat
Response to Reply #6
12. At this point, I don't think anything will help.
Obama's plan could make some difference, and I applaud him for what he's trying to do. He
didn't create this mess.
Unfortunately, the Republicans designed this house of cards to fall---and it's going to fall
no matter what anyone does. Rising unemployment, massive business closings, another horrendous
housing bubble is set to pop in 2009 as ARMS reset.
It's all going to hell, and I think it's all orchestrated to fall on Obama's watch. They could
have continued to prop up the house of cards but after they realized that Obama would win--they
decided that it would all fall.
Obama gets blamed. America is angry. The neocon scumbags have a chance at clawing back into
power in 2012.
Pale Blue Dot
4. Yah. It's moved from -292 to -262 in 20 minutes.
Woo hoo. They can't contain their enthusiasm.
Pale Blue Dot
Response to Reply #4
5. ...and now down -272.
You'd almost think that they were predicting that this isn't going to work. I wonder why?
prolesunited
8. Means as much as how they calculate gas prices
Day to day fluctuations mean nothing. We need a long-term trend line on the upswing.
Raven
Response to Reply #8
10. Agreed, but I thought we might get a pulse at least today.
Why?
anonymous171
11. If it's moving down that means everything will be fine.
Those parasites know nothing about finance except how to make shit look like gold on paper.
:mental:
CoffeeCat
Response to Reply #11
13. I like that... "shit look like gold on paper."
Plus, if the DOW tanks 300 or so--tomorrow they'll spend the entire day telling
us what a GREAT buying opportunity this is, and what a fabulous silver lining this
all is!
Yeah, that's the ticket. :whatever:
Pale Blue Dot
Response to Reply #11
14. You're wrong.
Not because they're not parasites (they are), but because they are in the business of predicting the future in order to make money. If they thought this was going to work, and increase the value of stocks in the future, they would be buying right now, at the instant that they know for sure this is going to pass. They're not buying.
The parasites are speaking volumes right now, whether we like what they're saying or not.
You're speaking volumes to your fellow primitives right now, and they aren't going to listen because it doesn't fit what they want to believe.
Raven
24. Are people staying out or selling because the Stim Bill has to go to conference?
Pale Blue Dot
Response to Reply #24
25. No. It's because they think (or know) it won't work.
There's no reasonable doubt that it will get through conference.
Poor primitives. The answer is as simple as understanding that B. Hussein can fool his followers and the MSM, but the business class and investor class in this country aren't going to fall for his lies.
.
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Obama and the Dems know it won't work, thats why they wanted some GOP votes for cover.
Tell that to the DUers
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If I thought, as the DUmmies do, that Republicans/capitalist could move the Dow (and/or the economy) up and down at will, for the purpose of political gain, I would seriously consider joining the VRWC on that point alone. If for no other reason than to suggest, hey, lets always go up!
:whatever:
The DUmmies win any argument with me on this point. How can you win an argument with a goldfish? The ****er just gives you the evil eye and "moip moip moip's" you into submission.
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hahahahahaha
They think Dow Jones is some DUDE! :whatever:
Mr. Wall Street is to blame! :whatever:
Gawd these folks are idiots.
KC
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DJ13
4. Geithner should have just nationalized the banks
I doubt the markets would have reacted any worse.
Wall Street is an ungrateful bunch who seem incapable of understanding that Obama and Geithner are refusing to nationalize the banks (which many top economists recommend) just to protect the banking sector investors from losing it all.
What f'n "top economists" have said we need to nationalize the banks? I like to be able to identify MORONS.
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NightWatcher
2. I thought the Dow was tanking because of Geithner saying what he wants to do with the rest of the stimulus, but I dont know too much about Economics
Mild understatement for a dummy.
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Even gummint schooling can't make you that stupid.....must be in their DNA.
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These little mental ill goons think they are watching a soap opera on television. Brick Mortar and Gustav Rainbowstein are lovers. They have so many enemies.
Now, besides government, how many enemies do we really have?
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What f'n "top economists" have said we need to nationalize the banks? I like to be able to identify MORONS.
I'm pretty certain that when DUers say "top economists" they really mean "I'm making this up".
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Our own government has become our foe.
We, sitting in our cushy pleasant homes, have allowed our nation to be remade.
I'm ready to kick some ass.
(I made fun of this inspiration on a earlier date)
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Our own government has become our foe.
We, sitting in our cushy pleasant homes, have allowed our nation to be remade.
I'm ready to kick some ass.
(I made fun of this inspiration on a earlier date)
All I'm looking for is a valid target designation.
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Our own government has become our foe.
We, sitting in our cushy pleasant homes, have allowed our nation to be remade.
I'm ready to kick some ass.
(I made fun of this inspiration on a earlier date)
You know, I've been wondering when we'll have a military coup....then we'd really be a leftist third world country......isn't that what some democrats want?
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You know, I've been wondering when we'll have a military coup....then we'd really be a leftist third world country......isn't that what some democrats want?
Not so much. The idea is that revolution has to happen against normality is not so tight. After all, we are dealing with the minions of satan himself. They don't know they are, they are wicked souls, that's DemocratUndergrounder.com.
Lost souls looking for a home. Satan's minions. The brain dead.
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Not so much. The idea is that revolution has to happen against normality is not so tight. After all, we are dealing with the minions of satan himself. They don't know they are, they are wicked souls, that's DemocratUndergrounder.com.
Lost souls looking for a home. Satan's minions. The brain dead.
My dear lord, those "lost souls" do have a home. It was provided by God The Father.
We Christians call it "Hell."
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Pale Blue Dot is messing with the dummies feeble minds. Too funny.
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My dear lord, those "lost souls" do have a home. It was provided by God The Father.
We Christians call it "Hell."
Others call it "Detroit."
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Others call it "Detroit."
H5!
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lol
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My favorite moronic quote:
"I swear every time Obama speaks and explains what is necessary to fix this mess we are in, they go and lower the DOW.
Obama did a fine speech last night, explained very well what needs to be done. How does Wallstreet react? They lower the DOW by 350 points today! Its Bullshit with a capital B!"
end quote
Who is this mysterious "they?" You're right, they think the Dow is some dude!
Pale Blue Dot and Statistical have to be ripping their heads off in this forum. They can't take much more. They patiently explain the reality of the situation, and what response do they get?
"no....blah blah blah"
It's too bad, they'll probably leave, and the Duhs could learn so much if they would only read carefully.
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Yep, I call DOW JONES INDUS every morning and tell him what to do that day.
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Yep, I Teh Rove tells me to call DOW JONES INDUS every morning and tell him what to do that day.
Fixed. :II: