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Wall Street Meltdown

Discussion in 'Sports and News' started by DanOregon, Sep 14, 2008.

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  1. DanOregon

    DanOregon Well-Known Member

    I watch enough business shows (everything from Cramer, to Dobbs to Cavuto) to get the impression the biz press for the most part, is in the tank for the companies they cover. Regulation and taxes bad, risky ventures good. Sweeping generalizations about why markets rally or why they crash. I'm thinking my next and last investment might just be a mattress.

    Lehman Bros. about to declare bankruptcy after 158 years in business.

    Merrill Lynch about to be rescued by Bank of America

    And Alan Greenspan says we're in the middle of a once in a century financial crisis
  2. BYH

    BYH Active Member

    Pull yourselves up by the bootstraps!

    Unless we need help. then pull our bootstraps up for us.
  3. There is no simple solution to this mess and over the last 30-years, our government has proven only capable of doing simple things. The end of the Clinton and Bush II White Houses have wrecked this country for the next 20 years.

    How does McCain or Obama create an economic plan that can fix our problems and lessen our "I O U" with China? Good luck.
  4. spinning27

    spinning27 New Member

    This is the fault of too much deregulation and too little oversight.

    Thanks, Republicans, for your failed economic ideology. Now go away for the next 50 years, please, while the grown-ups straighten this out.
  5. DanOregon

    DanOregon Well-Known Member

    I'm not going to put it on Bush, or Clinton, but it is interesting looking at the history of these companies that stood alone for over 100 years suddenly buying and selling parts of each other, reforming, renaming, like a game of three card monte. I realize the markets and investment banks are important foundations for our economy, I guess what surprises me is why people who should have known better, didn't know better.
  6. spinning27

    spinning27 New Member

    Put it on Reagan, a terrible president who is worshipped by the right-wing like gay men worship David Beckham.
  7. Piotr Rasputin

    Piotr Rasputin New Member

    Yo spinning: back to your pen, now.

  8. Diabeetus

    Diabeetus Active Member

    Thanks for the sweeping generalization. For a liberal, your gay comments really are crass.
  9. spinning27

    spinning27 New Member

    Spare me. It's a jab at the right-wing's man-love for Reagan, who is responsible for much of the mess we're wallowing in right now.
  10. Diabeetus

    Diabeetus Active Member

    Sorry. You've done it on multiple occasions. I give people the benefit of the doubt until they prove otherwise.
  11. spinning27

    spinning27 New Member

    It's homophobic to say that gay men worship David Beckham? Some of you need to get out more. Or at least meet more gay people.
  12. sportschick

    sportschick Active Member

    You throw out homophobic comments at least once a week. People here are judged on what they say, not what they claim to believe.

    Your continual insistence on insulting people with "gay" remarks can be construed as some form of homophobia, no matter how much thou doth protest.

    Just because one is liberal doesn't mean one isn't a blatant homophobe.
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