1081 users online (272 members and 809 guests)  


The Killing Season - Websleuths

Websleuths News


Page 1 of 3 1 2 3 LastLast
Results 1 to 15 of 45
  1. #1
    Join Date
    Apr 2004
    Posts
    14,797

    Dow Jones Industrials Fall 778 Points

    This is incredible. The bailout was defeated and the stock market is not happy.

    http://www.cnn.com/

  2. #2
    Join Date
    Sep 2007
    Location
    Oh Captain, My Captain
    Posts
    28,051
    Awww-'tain't nothing but a thing-less than 10% right?
    email me


    Long Lost Love: The Bob Harrod Story Disappeared/ID Network
    Amazon: Purchase Long Lost Love $1.99


    Bob Harrod SAR


    “The first time someone shows you who they are, believe them.”
    ― Maya Angelou

  3. #3
    Join Date
    Jun 2005
    Location
    ottumwa, ia
    Posts
    738
    yeah- the Democrats blame the Republican and the Republicans blame Nancy Pelosi and the Dems. Guess they got PO'ed over her speech. These guys need to end partisan politics and get off their butts. Personally their inaction makes me mad!!

  4. #4
    Join Date
    Jun 2005
    Location
    Atlanta, GA
    Posts
    16,026
    I'm glad the bailout didn't pass. What goes up must come down and we should just let it.
    I do not intend to tiptoe through life only to arrive safely at death!

  5. #5
    Join Date
    Sep 2004
    Location
    Not Of This World
    Posts
    21,642
    The people who opposed this bailout are gonna regret this. Good luck getting a loan of any kind, say bye-bye to your retirement money if much of it is in stocks, if you couldn't sell your house before, you have zero chance now. The Dow dropped 778 just today, but the week isn't over yet. They need to come up with a new plan fast and get it passed. No one, including me, likes it, but anyone with any economic sense knows it's a necessary evil to avoid a devastating economic recession, or even a depression. We've bailed out airlines how many times? This is even more important. And it had bi-partisan support, even from both Presidential candidates. How often has THAT happened lately? That tells you how important this is.


    Follow me on the Twitter! @EricDiesel1972

    Deuteronomy 18:10-12 (KJV)

    10 There shall not be found among you anyone who makes his son or his daughter pass through the fire, or one who practices witchcraft, or a soothsayer, or one who interprets omens, or a sorcerer, 11 or one who conjures spells, or a medium, or a spiritist, or one who calls up the dead. 12 For all who do these things are an abomination to the Lord. (KJV)

    Follow me at my Biblical Blog: http://scripture-demystified.blogspot.com

    Baruch ha Shem Adonai.

  6. #6
    Join Date
    Sep 2004
    Location
    Not Of This World
    Posts
    21,642
    Quote Originally Posted by dr dona View Post
    yeah- the Democrats blame the Republican and the Republicans blame Nancy Pelosi and the Dems. Guess they got PO'ed over her speech. These guys need to end partisan politics and get off their butts. Personally their inaction makes me mad!!
    Well that wasn't the smartest move on her part, and she fired off more shots at the Republicans after the vote. She never learned when to keep her mouth shut, apparently. If she had something to say politically, she should have waited until AFTER it got passed, at least. What horrible timing on her part.


    Follow me on the Twitter! @EricDiesel1972

    Deuteronomy 18:10-12 (KJV)

    10 There shall not be found among you anyone who makes his son or his daughter pass through the fire, or one who practices witchcraft, or a soothsayer, or one who interprets omens, or a sorcerer, 11 or one who conjures spells, or a medium, or a spiritist, or one who calls up the dead. 12 For all who do these things are an abomination to the Lord. (KJV)

    Follow me at my Biblical Blog: http://scripture-demystified.blogspot.com

    Baruch ha Shem Adonai.

  7. #7
    Maui4me's Avatar
    Maui4me is offline non-judgmental grandma looking for justice for Caylee
    Join Date
    Sep 2008
    Location
    Color Country, UT
    Posts
    587
    Quote Originally Posted by Dark Knight View Post
    The people who opposed this bailout are gonna regret this. Good luck getting a loan of any kind, say bye-bye to your retirement money if much of it is in stocks, if you couldn't sell your house before, you have zero chance now. The Dow dropped 778 just today, but the week isn't over yet. They need to come up with a new plan fast and get it passed. No one, including me, likes it, but anyone with any economic sense knows it's a necessary evil to avoid a devastating economic recession, or even a depression. We've bailed out airlines how many times? This is even more important. And it had bi-partisan support, even from both Presidential candidates. How often has THAT happened lately? That tells you how important this is.
    I agree Dark Knight, I hope they are going back to the table and re hashing the differences... we bailed out the auto makers today... I don't like this, but I don't like the thought of depression either. My hubby and I could be hurting if we could not make our mortgage pmt and ours is only less than $800 per month.

  8. #8
    Join Date
    Jan 2005
    Location
    the beautiful SF Bay area
    Posts
    1,279
    Quote Originally Posted by Dark Knight View Post
    The people who opposed this bailout are gonna regret this. Good luck getting a loan of any kind, say bye-bye to your retirement money if much of it is in stocks, if you couldn't sell your house before, you have zero chance now. The Dow dropped 778 just today, but the week isn't over yet. They need to come up with a new plan fast and get it passed. No one, including me, likes it, but anyone with any economic sense knows it's a necessary evil to avoid a devastating economic recession, or even a depression. We've bailed out airlines how many times? This is even more important. And it had bi-partisan support, even from both Presidential candidates. How often has THAT happened lately? That tells you how important this is.

    We are already in a pretty devastating depression. Printing more money for a "bailout" and devaluing the dollar even more than it is already is no solution. I work in mortgage lending and have for years. I figure everyone can just forget about borrowing money for a couple of years and let the chips fall where they may. My kids can't even find part time jobs around here anywhere. It is bad everywhere. I am thankful every day I show up at the bank that the lights are on and the doors are still open.

    The government was involved in starting Fannie Mae and Freddie Mac. That goes way back. I think this whole generation had no idea what it was like to be in a great depression. My mom would certainly remind me when she was alive. She lived through it. Greedy bankers made loans that shouldn't have been made and took the money while they could. The consumer on the other end is always and forever buying more house, car whatever than they can afford. Have to show up your neighbors, your family whomever.

    Greed is to blame on both ends of this problem. Everyone wants more and they all want to get rich quick. Saving, budgeting, living within your means, etc are not the norm any more. I see it every day. When we get back to values that we had in the 30's and 40's maybe this country can pull itself out of the tailspin we are in...we are NOT entitled to have whatever we want just because we want it and as a society we have sorely lost track of that.

    Off my soap box...sorry!!!!!!!

  9. #9
    Join Date
    Oct 2004
    Location
    Knightsbridge
    Posts
    16,856
    Quote Originally Posted by dr dona View Post
    yeah- the Democrats blame the Republican and the Republicans blame Nancy Pelosi and the Dems. Guess they got PO'ed over her speech. These guys need to end partisan politics and get off their butts. Personally their inaction makes me mad!!
    I guess she, Ms. Pelosi, should have realized the Democrats didn't need the Republicans to get this passed since the Democrats control the House. The fact that several Democrats also voted against it says a great deal about the proposal itself.

    Ms. Pelosi also seems to forget that the Bush administration has had to face several travesties since taking over. 911, hurricanes and rebuilding a sunken city - these things cost money and until the President of the US is given the power to have a line item veto power - they and we for that matter, are held hostage to bad legislation that very often accompanies good legislation.

    In short - everyone of those corrupt freaks in the House and the Senate need to take a good long look in a mirror and really try to convince themselves they are working for the tax payer on "Main Street". They are all full of bull. This Congress has done zero since they came to power and now they must take a few days off because of holidays - GET REAL jerks. Ms. Pelosi - please return to CA as you simply are ineffective.

  10. #10
    Join Date
    Dec 2006
    Location
    Arkansas
    Posts
    1,615
    Let it go to zero and we'll find out where the bodies are buried. This has been a long time coming. My late uncle always said that what we needed to straighten out our country was a good old fashioned depression. I believe he has been proven correct.


  11. #11
    Join Date
    Nov 2007
    Posts
    2,686
    Quote Originally Posted by Maui4me View Post
    I agree Dark Knight, I hope they are going back to the table and re hashing the differences... we bailed out the auto makers today... I don't like this, but I don't like the thought of depression either. My hubby and I could be hurting if we could not make our mortgage pmt and ours is only less than $800 per month.

    I agree. We have less than 10 years left on our loan. To loose our house, at our age and when we have acted responsibly, would be devestating.

  12. #12
    SewingDeb's Avatar
    SewingDeb is offline "Sorry, I'm not qualified to land the plane."
    Join Date
    Apr 2004
    Posts
    8,968
    You are so right Dark Knight. This is extremely important and they need to get it done as simply and as quickly as possible.

  13. #13
    Join Date
    Dec 2006
    Location
    southwest US
    Posts
    1,687
    Yes, and the democrats have the majority vote, so they can't just blame Rep. I am so tired of the bi-partisan politics--when is this country going to work as a team? They would all rather let us go down than work with the "other" side? How professional is that?


    Quote Originally Posted by Dark Knight View Post
    Well that wasn't the smartest move on her part, and she fired off more shots at the Republicans after the vote. She never learned when to keep her mouth shut, apparently. If she had something to say politically, she should have waited until AFTER it got passed, at least. What horrible timing on her part.

  14. #14
    Join Date
    Dec 2006
    Location
    southwest US
    Posts
    1,687
    I agree!!

    Quote Originally Posted by raisincharlie View Post
    I guess she, Ms. Pelosi, should have realized the Democrats didn't need the Republicans to get this passed since the Democrats control the House. The fact that several Democrats also voted against it says a great deal about the proposal itself.

    Ms. Pelosi also seems to forget that the Bush administration has had to face several travesties since taking over. 911, hurricanes and rebuilding a sunken city - these things cost money and until the President of the US is given the power to have a line item veto power - they and we for that matter, are held hostage to bad legislation that very often accompanies good legislation.

    In short - everyone of those corrupt freaks in the House and the Senate need to take a good long look in a mirror and really try to convince themselves they are working for the tax payer on "Main Street". They are all full of bull. This Congress has done zero since they came to power and now they must take a few days off because of holidays - GET REAL jerks. Ms. Pelosi - please return to CA as you simply are ineffective.

  15. #15
    Join Date
    Mar 2005
    Location
    remotely
    Posts
    42,938
    If we had better health care, better jobs, here in America, people would be able to make their mortgage payments, on the crappy loans they got. With everything so high priced and no jobs, the average American can't pay their bills.

    This bailout is for the wealthy! It is to protect corporate America ONLY!

    You can choose to be bitter or better when handling your problems.


    Ψ My posts are just my opinion and for entertainment purposes only.
    Do not copy any of my post. All post are to remain here.



    Christopher McCandless (aka Alexander Supertramp)
    2/12/1968 -8/1992 RIP you are missed.




    http://www.bringkyronhome.org/
    If you have information about Kyron Horman, please call the Tip Line at 503-261-2847 or dial 911

Page 1 of 3 1 2 3 LastLast


Similar Threads

  1. All Points In-Between - FL to MO
    By concernedmother in forum Dr. Teresa Sievers
    Replies: 84
    Last Post: 05-04-2016, 06:38 PM
  2. The garrote points to........
    By madeleine in forum JonBenet Ramsey
    Replies: 121
    Last Post: 08-07-2012, 12:57 AM
  3. Dow Plunges more then 900 points!
    By Blue_Dolphin308 in forum Up to the Minute
    Replies: 10
    Last Post: 05-06-2010, 06:08 PM
  4. Points of Law in the Hasanni Campbell Case
    By WhyaDuck? in forum Hasanni Campbell
    Replies: 3
    Last Post: 08-31-2009, 08:37 AM
  5. THIRD grader points loaded gun at bus!
    By Pandora in forum Crimes-Spotlight on Children
    Replies: 5
    Last Post: 10-12-2007, 08:42 PM