Worst day since 2008 financial crisis

Discussion in 'Economy' started by The_GiantNoodle, Aug 4, 2011.

  1. The_GiantNoodle
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    The_GiantNoodle Member

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    Dear Lord...... what a HORRIBLE day on Wall Street! It COULD be blamed on Obama. It COULD be blamed on the GOP. Both are total crap.
    This is a global meltdown. Its a little of us and little of Europe. I want to make this clear.... this is serious. This is NOT the time for partisan hacks to come out.

    What I would like is to discuss this as adults. What can we do to make America better? And JUST not for the wealthy. And JUST not for the poor.

    Put your thinking cap on.
    AGAIN: NO bashing Parties! Please just suggest how we can get out of this hole. I would love to see solutions but compromised. This is not owned by the Dems or the GOP alone.

    Thanks! :)


     
  2. percysunshine
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    percysunshine Gold Member

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    When the Russians and the Chinese start to buy, jump in with both feet.
     
  3. Tank
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    Tank Gold Member

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    By 2040 Hispanics will be the majority in America, then things should level off
     
  4. percysunshine
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    percysunshine Gold Member

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    Spain??? Spain???

    What happened to the Bolshevek revolution?

    At least it is not the French.
     
  5. expat_panama
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    expat_panama Silver Member

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    If it's solutions we want, what's obvious to most of us was stated nicely in This Too Will Pass - Investors.com:

    "...Small businesses that create most of our new jobs now labor under the weight of hundreds of new rules and regulations, and the looming costs of ObamaCare. In July alone, according to Wyoming Sen. John Barrasso, more than 600 new regulations came on line, adding $9.5 billion to businesses' annual cost.

    Once out from under the burden that's been placed on them, America's innovators and entrepreneurs will again lead us out of this mess. But first we have to look to the political system that adjusts to and corrects for such problems.

    Unfortunately, the most-needed adjustment won't come until November 2012 — but come it will."​

    LOL!!! --and Obama will quit blaming everything on Bush?
     
    • Thank You! Thank You! x 1
  6. SFC Ollie
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    SFC Ollie Still Marching

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    Compromise doesn't work. If you go with a real plan to create jobs (Which is what will fix the economy) then start to compromise it you are taking away its effectiveness. We added to the debt ceiling and pretended to cut the deficit. The smart money people know the truth. All we did was kick the can with a compromise.......
     
  7. rdean
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    rdean rddean

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    Not just for the wealthy?

    Helping the poor?

    That's not how Republicans work. Sorry. Just being "real".
     
  8. kyzr
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    kyzr Gold Member

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    Only the stupid buy stocks when the Hedge Funds can just sell stocks short steal everyone's investment, tuck it in an off-shore tax-free account, and then do it all over again.

    The Feds need to stop the short-selling plundering of investment capital. Until they do there will be no increase in hiring, since there will be no capital expansions. IMHO short-sellers and derivatives are stifling the stock market and the economy. Imagine the "rising tide lifts all boats" stock market vs the mega-drops like today scaring-off potential investors.

    Pols need to protect small investors and their 401Ks.
     
  9. rdean
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    rdean rddean

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    But, Republicans want to throw those 401's into the stock market. You mean that's not a good idea?
     
  10. The_GiantNoodle
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    The_GiantNoodle Member

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    I ask you that you STAY THE COURSE. Rich and poor.
    I dont think its hit the wealthy yet. Thing is they NEVER want to be hit with it. Nor would I. Actually I think I am the wealthy. :eusa_eh:
     
    Last edited: Aug 4, 2011

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