Bye Bye Banks and Wall Street - Page 33

Isaac · 10-13-2008, 08:19 PM

Yeah but let's see if it can maintain that 936 points.

Somehow I doubt it.

Kevy Baby · 10-13-2008, 08:25 PM

Quote:

Originally Posted by Isaac

Yeah but let's see if it can maintain that 936 points.

Somehow I doubt it.

It'll be pretty topsy turvy for a while, mostly rising a bit before the election, then dropping a bit after the election. After that, it will slowly rise again.

I personally believe we have, for the most part, seen the worst of it.

Isaac · 10-13-2008, 08:33 PM

Ummmm.....working for an auto finance/ general banking company, I can't agree with you on that one.

Kevy Baby · 10-13-2008, 08:52 PM

I didn't predict it was going to be good for everyone, just overall.

And my predictions are based on my own gut feeling: no empirical data was sullied in the making of this prediction. I could be way off base.

Isaac · 10-13-2008, 09:01 PM

From what I've been told, there won't be a positive change in the economy til 2010

wendybeth · 10-13-2008, 11:34 PM

Headline from the Washington Post:

U.S. Forces Nine Major Banks To Accept Partial Nationalization

Nice. So, how's that capitalism thingy supposed to work again? Yeah, things are really looking up here.

Morrigoon · 10-14-2008, 09:06 AM

Well, our nation's early history includes attempts to create a national bank.

Kevy Baby · 10-14-2008, 10:02 AM

Quote:

Originally Posted by wendybeth

Headline from the Washington Post:

U.S. Forces Nine Major Banks To Accept Partial Nationalization

Nice. So, how's that capitalism thingy supposed to work again? Yeah, things are really looking up here.

So are you saying that capitalism is a total failure?

JWBear · 10-14-2008, 10:19 AM

The version we are using now, yes.

tracilicious · 10-14-2008, 10:20 AM

The Daily Show had an interesting guest on last night. I forget her name, she wrote a book about the Great Depression (or as Jon says, the first Great Depression). She said she thinks it can still be avoided as long as taxes aren't raised. She also mentioned that the volatility of the stock market is a really bad sign. And she said Lyndon Johnson is the root cause of our current troubles.

10-13-2008, 08:19 PM	#321
Isaac the one n only Join Date: Jan 2005 Location: Anaheim Posts: 1,236	Yeah but let's see if it can maintain that 936 points. Somehow I doubt it. __________________
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10-13-2008, 08:33 PM	#323
Isaac the one n only Join Date: Jan 2005 Location: Anaheim Posts: 1,236	Ummmm.....working for an auto finance/ general banking company, I can't agree with you on that one. __________________
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10-13-2008, 08:52 PM	#324
Kevy Baby Chowder Head Join Date: Jan 2005 Location: Yes Posts: 18,500	I didn't predict it was going to be good for everyone, just overall. And my predictions are based on my own gut feeling: no empirical data was sullied in the making of this prediction. I could be way off base. __________________ The thing about quotes on the internet is that you cannot verify their validity. - Abraham Lincoln
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10-13-2008, 09:01 PM	#325
Isaac the one n only Join Date: Jan 2005 Location: Anaheim Posts: 1,236	From what I've been told, there won't be a positive change in the economy til 2010 __________________
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10-13-2008, 11:34 PM	#326
wendybeth Nevermind Join Date: Jan 2005 Posts: 7,847	Headline from the Washington Post: U.S. Forces Nine Major Banks To Accept Partial Nationalization Nice. So, how's that capitalism thingy supposed to work again? Yeah, things are really looking up here. __________________
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10-14-2008, 09:06 AM	#327
Morrigoon I throw stones at houses Join Date: Jan 2005 Location: Location: Location Posts: 9,534	Well, our nation's early history includes attempts to create a national bank. __________________ http://bash.org/?top "It is useless for sheep to pass a resolution in favor of vegetarianism while wolves remain of a different opinion." -- William Randolph Inge
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10-14-2008, 10:19 AM	#329
JWBear Worn Romantic Join Date: Feb 2006 Location: Long Beach California Posts: 8,435	The version we are using now, yes. __________________ Unrestrained frivolity will lead to the downfall of modern society.
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10-14-2008, 10:20 AM	#330
tracilicious avatar transition Join Date: Jan 2005 Location: in-between Posts: 2,487	The Daily Show had an interesting guest on last night. I forget her name, she wrote a book about the Great Depression (or as Jon says, the first Great Depression). She said she thinks it can still be avoided as long as taxes aren't raised. She also mentioned that the volatility of the stock market is a really bad sign. And she said Lyndon Johnson is the root cause of our current troubles. __________________ And now Harry, let us step into the night and pursue that flighty temptress, adventure! - Albus Dumbledore
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