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Stocks plunge another 500+ points.
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georgia_tech_swagger Offline
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Post: #1
Stocks plunge another 500+ points.
Bailout working great!

And now Bernanke is talking about lowering interest rates. If he does that -- it's going to get WORSE. It's time for people to start saving again. Stop inflating the money supply and bad credit lines! JUST STOP!
10-07-2008 03:50 PM
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firmbizzle Offline
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Post: #2
RE: Stocks plunge another 500+ points.
georgia_tech_swagger Wrote:Bailout working great!

And now Bernanke is talking about lowering interest rates. If he does that -- it's going to get WORSE. It's time for people to start saving again. Stop inflating the money supply and bad credit lines! JUST STOP!

Don't save, it won't be worth anything.
10-07-2008 04:11 PM
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smn1256 Offline
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Post: #3
RE: Stocks plunge another 500+ points.
firmbizzle Wrote:
georgia_tech_swagger Wrote:Bailout working great!

And now Bernanke is talking about lowering interest rates. If he does that -- it's going to get WORSE. It's time for people to start saving again. Stop inflating the money supply and bad credit lines! JUST STOP!

Don't save, it won't be worth anything.

I remember during the last slump Donald Trump went on a buying streak getting stocks at low prices which eventually made him even richer. If you have the $$$ it might be a good time to buy. Anyone have a few billion to lend me?
10-07-2008 04:40 PM
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Fo Shizzle Offline
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Balance of Power Contest
Post: #4
RE: Stocks plunge another 500+ points.
georgia_tech_swagger Wrote:Bailout working great!

And now Bernanke is talking about lowering interest rates. If he does that -- it's going to get WORSE. It's time for people to start saving again. Stop inflating the money supply and bad credit lines! JUST STOP!

These damn Keynesian economists are going to put us into another depression. Just how much more evidence do they need that meddling with the money supply only worsens and prolongs the inevitable bust periods in the business cycle.03-banghead
10-07-2008 04:50 PM
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cb4029 Offline
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Post: #5
RE: Stocks plunge another 500+ points.
The stock market.............worse casino game ever. 03-banghead
10-07-2008 06:53 PM
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DrTorch Offline
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CrappiesDonatorsBalance of Power Contest
Post: #6
RE: Stocks plunge another 500+ points.
smn1256 Wrote:I remember during the last slump Donald Trump went on a buying streak getting stocks at low prices which eventually made him even richer. If you have the $$$ it might be a good time to buy. Anyone have a few billion to lend me?

Yesterday my wife calls: "My stocks are doing really bad."

Me: "I thought you sold them?!"

Her: "Well, first they jumped on the bailout news. Then they dropped well below what we sold them at. So I thought it was a good time to buy. Now they're really dropping again."

Me: 03-banghead
10-07-2008 07:17 PM
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ShoreBuc Offline
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Post: #7
RE: Stocks plunge another 500+ points.
I think I finally understand the excitement that my wife feels at a 50% off shoe sale at Nordstroms 02-13-banana
10-07-2008 07:36 PM
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tigertom Offline
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Post: #8
RE: Stocks plunge another 500+ points.
ShoreBuc Wrote:I think I finally understand the excitement that my wife feels at a 50% off shoe sale at Nordstroms 02-13-banana
03-lmfao 03-lmfao 03-lmfao

You have that problem too ! ! ! Give in or else 01-lauramac2
10-08-2008 06:39 PM
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