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I'll tell you what, if you
I'll tell you what, if you buy AAPL right now, you'll be getting one heck of a steal.
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"The main thing that I learned about conspiracy theory is that conspiracy theorists actually believe in a conspiracy because that is more comforting. The truth of the world is that it is chaotic..." —Alan Moore
Only on Wall Street.
.
keep calling.
Middle class and Poor people always manage to get through the crisis, we just work our way throught. Time may get tough but not as tough as they would be if we come under their system of slavery, keep up the fight. Keep calling this isn't over yet.
grant
Should we all buy tomorrow?
Should we all buy tomorrow?
I was thinking that too
but these are strange days indeed- it seems we are in record breaking days- it would be just my luck to put a bunch of money on a "it can only go up" stock and have it tank to Guiness Book of World Records proportions. Im gonna totally stay away from all of it, personally.
Live Free or Diebold
Strange, but it only seems
Strange, but it only seems to be raining on their little parade. Even if it begins to effect the common working men and women of this country they are much better prepared for economic distress than those who make millions each year.
Rags make Paper; Paper makes Money; Money makes Banks;Banks make Loans; Loans make Beggars; Beggars make Rags
http://militantjeffersonian.com
"Men do not willingly read unpalatable truths of themselves. The People like those best who fool them most, by pandering to their vices and flattering their foibles" Raphael Semmes
The sky is falling.
Failure to pass the bailout just means that we all go down together. Hope you have silver and gold, after all this is over, the only thing paper assets are going to be good for is wiping your a$$.
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"the only thing that keeps the banking system from failing is general ignorance about how the banking system works."
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Wall Street has owned the media
for a very long time.
Passing this bill would have been bad
But not passing it will have dramatic effects. We had a philosophical victory today, but there are still grave financial consequences.
Explore Orthodox Christianity
The consequences will be no
The consequences will be no different without the bill passing than it would have been with it. Actually, I think it would have hastened the economic woes we would face because the bill represented a drop in the proverbial bucket as opposed to what it really floating out there in bad risks. The FDIC recently updated their estimates of potential bank failures from the low hundreds to over 1400 with 36 Trillion at risk...so, what they do when those institutions begin to fail, they simply can't "print" enough money to bailout all the companies and institutions that are facing failure. The best thing to do is let them fail, deal with the failures as you would any business or bank failure.
Rags make Paper; Paper makes Money; Money makes Banks;Banks make Loans; Loans make Beggars; Beggars make Rags
http://militantjeffersonian.com
"Men do not willingly read unpalatable truths of themselves. The People like those best who fool them most, by pandering to their vices and flattering their foibles" Raphael Semmes
The mantra is that this was the largest point drop ever
however on a percentage basis, we've suffered worse.