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Forums - General - Market watch: Dow Jones drops approx. 300 points, 4% today. Drops below 7000 points.

I don't see how it is the Democrats' fault as some of you suggest. The market downfall would steam roll through McCain's policies just as badly.



Currently playing on PS3: God of War III

Currently playing on Xbox360: Final Fantasy XIII

Currently playing on NDS: Chrono Trigger

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SamuelRSmith said:
Aside from screwing over pensioners who have invested their money into shares, what difference does this actually make?

I shores up toxic assets (bad investments) that AIG has stake in.  It makes it seem that they are OK but w/o restructuring and and massive overall of operation, it makes no difference and taxpayers and shareholders (what little remain) are screwed.

 



halogamer1989 said:
@ That guy: I agree with letting some institutions fail--that is standard free market cycle. Also, I think the car companies should not be nationalized (they are starting to natlz them now). I also agree w/ the tax cuts and student loan credits in the Stimulus package. What I don't like is wasteful bs like $96,000 for a two man doorbell job and $3 mil for field mice studies. That is just traitorous.

You know that many medical breakthroughs are made researching on mice right?  And the scientific research industry has been particularly hard hit by the recession right?

 



We had two bags of grass, seventy-five pellets of mescaline, five sheets of high-powered blotter acid, a salt shaker half full of cocaine, a whole galaxy of multi-colored uppers, downers, screamers, laughers…Also a quart of tequila, a quart of rum, a case of beer, a pint of raw ether and two dozen amyls.  The only thing that really worried me was the ether.  There is nothing in the world more helpless and irresponsible and depraved than a man in the depths of an ether binge. –Raoul Duke

It is hard to shed anything but crocodile tears over White House speechwriter Patrick Buchanan's tragic analysis of the Nixon debacle. "It's like Sisyphus," he said. "We rolled the rock all the way up the mountain...and it rolled right back down on us...."  Neither Sisyphus nor the commander of the Light Brigade nor Pat Buchanan had the time or any real inclination to question what they were doing...a martyr, to the bitter end, to a "flawed" cause and a narrow, atavistic concept of conservative politics that has done more damage to itself and the country in less than six years than its liberal enemies could have done in two or three decades. -Hunter S. Thompson

akuma587 said:
halogamer1989 said:
@ That guy: I agree with letting some institutions fail--that is standard free market cycle. Also, I think the car companies should not be nationalized (they are starting to natlz them now). I also agree w/ the tax cuts and student loan credits in the Stimulus package. What I don't like is wasteful bs like $96,000 for a two man doorbell job and $3 mil for field mice studies. That is just traitorous.

You know that many medical breakthroughs are made researching on mice right?  And the scientific research industry has been particularly hard hit by the recession right?

 

Lets do finance first, followed by infrastructure.  Mickey Mouse testing can wait.  Edit: They are not hurting, they only seem to be to get more research grants and gov't help.  All science should be done w/ free market principles and the gov't should not be involved.

 



Because obviously society gains nothing when scientists make new discoveries.



We had two bags of grass, seventy-five pellets of mescaline, five sheets of high-powered blotter acid, a salt shaker half full of cocaine, a whole galaxy of multi-colored uppers, downers, screamers, laughers…Also a quart of tequila, a quart of rum, a case of beer, a pint of raw ether and two dozen amyls.  The only thing that really worried me was the ether.  There is nothing in the world more helpless and irresponsible and depraved than a man in the depths of an ether binge. –Raoul Duke

It is hard to shed anything but crocodile tears over White House speechwriter Patrick Buchanan's tragic analysis of the Nixon debacle. "It's like Sisyphus," he said. "We rolled the rock all the way up the mountain...and it rolled right back down on us...."  Neither Sisyphus nor the commander of the Light Brigade nor Pat Buchanan had the time or any real inclination to question what they were doing...a martyr, to the bitter end, to a "flawed" cause and a narrow, atavistic concept of conservative politics that has done more damage to itself and the country in less than six years than its liberal enemies could have done in two or three decades. -Hunter S. Thompson

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akuma587 said:
Because obviously society gains nothing when scientists make new discoveries.

Prioroties are key here.  You don't buy the supermarket when your folks send you out for milk.



halogamer1989 said:
akuma587 said:
halogamer1989 said:
@ That guy: I agree with letting some institutions fail--that is standard free market cycle. Also, I think the car companies should not be nationalized (they are starting to natlz them now). I also agree w/ the tax cuts and student loan credits in the Stimulus package. What I don't like is wasteful bs like $96,000 for a two man doorbell job and $3 mil for field mice studies. That is just traitorous.

You know that many medical breakthroughs are made researching on mice right?  And the scientific research industry has been particularly hard hit by the recession right?

 

Lets do finance first, followed by infrastructure.  Mickey Mouse testing can wait.  Edit: They are not hurting, they only seem to be to get more research grants and gov't help.  All science should be done w/ free market principles and the gov't should not be involved.

 

No. If that were the case, society would get royally fucked. I think a technological breakthrough could pull us out of this recession.

 



 

 

im_sneaky said:
halogamer1989 said:
akuma587 said:
halogamer1989 said:
@ That guy: I agree with letting some institutions fail--that is standard free market cycle. Also, I think the car companies should not be nationalized (they are starting to natlz them now). I also agree w/ the tax cuts and student loan credits in the Stimulus package. What I don't like is wasteful bs like $96,000 for a two man doorbell job and $3 mil for field mice studies. That is just traitorous.

You know that many medical breakthroughs are made researching on mice right?  And the scientific research industry has been particularly hard hit by the recession right?

 

Lets do finance first, followed by infrastructure.  Mickey Mouse testing can wait.  Edit: They are not hurting, they only seem to be to get more research grants and gov't help.  All science should be done w/ free market principles and the gov't should not be involved.

 

No. If that were the case, society would get royally fucked. I think a technological breakthrough could pull us out of this recession.

 

 

Getting fusion up and working would do wonders.

 





Current-gen game collection uploaded on the profile, full of win and good games; also most of my PC games. Lucasfilm Games/LucasArts 1982-2008 (Requiescat In Pace).

Didn't Obama promise no earmarks during his campain? This stimulus has record earmarks in it.



SciFiBoy said:
segajon said:
you two are confusing me. reap what I sew?????? what

Capitalism, youre country thought the boom would last forever so let the banks get away with all kinds of stupid shit, its youre Governments fault, just like the problem in the UK is our governments fault

Yes.  Because the rest of the world is doing great right now?

The UK is actually in worse shape then the US.

The UK has a much higher debt to on hand currency rate.

Hence why they were considering sueing iceland for the money it owes them.

The UK is one of the few major countries that could suffer the same fate... due to London being such a major trading point world wide.

It has a lot of "Credit" going through the small country.

Luckily i doubt the rest of the world let alone the EU would let it happen... but financials wise.  The UK is worse off.

We could blame it on socialism... but that would be childish.