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This is the quickest case of 'buyers remorse' I've ever seen!

Too bad all you lib assholes! You're gonna need money to buy dope! Know any pushers that give credit?

Under normal conditions, these depressed stock prices might spur people to jump in and pick up some bargains.

But with the spectre of increased Capital Gains taxes, those persons in a position to slow the fall (or turn it around) may decide "it's not worth the trouble."

And with Michigan's governor advising Obama on economic policy, "you haven't seen anything yet."

the field is being leveled.

"...Michigan's governor advising Obama on economic policy..."

I'd laugh if that wasn't so frightening.

An interesting article:

http://www.wthr.com/Global/story.asp?s=9299280

It seems Obama isn't paying off some of his workers, or something like that. Apparently their redistribution wasn't satisfactory.

There's a post here about that one already. It was updated; I guess the campaign has resolved 'most' of the issues. Whether it was intentional or just a matter of the 'chinese fire drill' school of management, it does speak a lot about the One's middle-management types.

Hopefully, the NSA, DHS, et al, won't be run in a similar fashion.

Do you have any empirical evidence, instead of non sequitur speculation, that Obama wants to replace capitalism with collectivism?

So when shoots goes back up in 3 days, can I claim that the market suddenly realized Obama is actually going to be good for the economy?

Nice try Van Helsing... I don't thing too many of your moonbats are that stupid ..but I could be wrong. Oops...I just read the posts... well, can be right all the time...

But keep the up rabble-rousing ...some day your "special talents" may be noticed and you will end up with a radio show and get stupendously rich like Limbaugh, who claims its just a job, but a very good paying one at that...

Jeez, Fez, learn how to spell, for goodness' sake! Oh, and Kal, you wanted "empirical evidence," eh; well, let's see: Obambi learned his trade from Frank Marshal Davis, avowed Communist; every "mentor" he's ever had, from Saul Alinsky to Jeremiah Wrong to little Billy Ayers, is an avowed anti-American, anti-capitalist, anti-semitic piece of garbage; he tells us that he has "plans" for us, not a proposed legislative agenda for our consideration and comment as free American citizens; that he will "bankrupt" the coal industry, and send the cost of electricity "skyrocketing;" Michelle, and now the Annointed One Himself, tell us that we will all have to "sacrifice" for the greater good (notice the stunned look on the faces of the drones at the Obamafest in Grant Park the other night, when he started talking about that? "Who? Me? Sacrifice? Holy shit!!!". Hilarious! Well, you get what you voted for, folks -- learn to live with it); not once (NOT ONCE!) does he mention American exceptionalism, freedom, the Declaration of Independence, the Constitution, the capitalist system that's given us 230+ years of stunning prosperity (yep, even for the "poor"), the troops fighting as we speak for his right to run a fraud of a campaign, for his wife to make millions of dollars, all the while working to keep the poorest of the poor (she would call them "scum") away from her Chicago hospital, and on and on and on, ad nauseum. Let's just say: Quod Est Demonstrandum.

Maybe you'd better wake up and smell the coffee (that is, if any of us can afford even a cuppa joe in the very near future). Best of luck to you two, out there living in your fantasy worlds! I'd say be prepared to pay your enormous new tax bills, but you both will most likely be getting a tax "rebate" as soon as the Messiah is installed as Ruler for Life (used to be called, in non-PC terms, what it was and is: WELFARE). So, you'll soon be wards of the state -- Wow! What a great life! Hope you enjoy it -- zero freedom, but lots of "security"!

"spreading that wealth around will be better for everybody".

Collectivism.

Fez, if it shoots back up in three days, I expect you to gloat & say I told you so, and I'll accept graciously. (I also expect the 'O' to appoint Jimmi Hendrix SecState, as he'll have just returned). If, however, three days from now, when it's either static or (more likely) still in free-fall, will you be able to admit you're wrong?

As of right now, the Dow is at 8830 & change (down from 9700 before the election was final). Care to make a bet?

Kaleokualoha: Them thars some big fancy words! All you have to do is actually listen to what the man is saying and you will have evidence enough.

fez: "So when shoots goes back up in 3 days"

Could you please explain what in the hell this means? (perhaps I am "thinging" too much?)

fez: "So when (it) shoots goes back up in 3 days"

Could you please explain what in the hell this means? (perhaps I am "thinging" too much?)

fez sez OK ...The stock market has been going up and down and down and up and on and on, more down than up but a few days or so ago it went up like 900 points in one day which can be referred to in colloquial english as "shooting up" ...and the business news has a different explanation each time... when really, raging greed and gluttony are not subject to reason or explanation...

Common you guys, your supposed to be the anti-intellectuals, anti-elites... you know what I mean ...stop hurting my feelings about my spelling. Its just that I grew up in a sort of redneck environment and never done did get lurned up right... I know you understand what I mean... but is that all you got? It's my experience here in Moonbatville that when people are unable to respond to an argument, they point out spelling errors or start in with hurtfull, nasty name calling... or maybe you are thinging to much.. you need to develop a more zen like, less materialistic approach

OK this is my last post today... back to work... I'll let you all get back to your bitching...

And when are any of you trolls going to explain exactly how Chairman O is going to pay for $700 Billion in new spending with only $190 Billion in tax increases?

Anonytroll #43509842-093u (seriously, guys, use a name, any name. Responding to "Anonymous" all the time is getting exasperating, so just pick something already. "Newport News". "Corkboard". "Bob". Something... anyway...)

"...raging greed and gluttony..."

Dude, check your fly. Your class-envy is hanging out.

"the field is being leveled.
"Posted by: nanc at November 7, 2008 8:30 AM"

A "daisy-cutter" bomb will do that, too.

It was reported a couple of weeks ago that Obama was told by an adviser his ecconomic policies might make people worse off than they are now. Obama replied that he was only interested in MAKING THINGS "FAIR".

OK, fez aka anonymous. You have cleverly disposed of the first sentence of jc14's response to your request for evidence. Now how about your point by point refutation of his/her evidence in the rest of the paragraph? Oh, and please explain who is demonstrating the "raging gluttony and greed" in the stock market? The buyer or seller of the shares? Do you have any idea the role that the stock markets play in facilitating the buying and selling of ownership shares in the companies that constitute the bulk of the U.S. economy? And this is a BAD thing? Did it require a college education to gain this much insight into the inner workings of the U.S. economy? To quote that eminent scholar, Bugs Bunny, "what a maroon!"

VtheK "...raging greed and gluttony..."
Dude, check your fly. Your class-envy is hanging out.

...have you ever watched those guys in action on the floor Wall Street? That's what I'm talking about... that's where the human race begins to look pretty freaking disgusting ...I'm surprised there aren't more heart attacks, strokes and aneurisms on the floor

boqueronman, I would be fine with the stock market if it was just about investing... but how is betting on a companies stock going down helping? And what possible use is a day trader... he only extracts wealth from the system and creates nothing... and now...look where the stock market has led us to... it's just a pyramind scheme these days ...better to put your money into something real ...the appeal of the stock market is largely the hope of striking it rich, easy money,... the pyramid has collapsed...

The only other thing I have time to respond to (jc14's is quite hysterical there, threw out a lot) is I absolutely do not believe in nor have any interest in the concept of American Exceptionalism... I've lived in several other countries for 5 years total off and on and traveled much. Though I am quite happy to be living in Portland Oregon, which as far as America goes is my kind of place, there's nothing special about this country compared to much of europe for example, which I know pretty well ...many places have good and bad as we do... once you live elsewhere and make friends in other countries... you start to see how artificial borders and nationalism is and even the concept of patriotism begins to look childish... people seem to have this need to feel superior... why is someone superior just because they were born in a certain country or region... that is exactly what the Nazis thought... I think its all for people who really don't have much else going on in their lives... I

fez, do you ever actually read? Can you actually read? "raging greed and gluttony" wasn't my comment!

Why do we get all the really stupid trolls?

Wow ...you are such a sensitive guy VtheK. I deeply apologize.. but I think you overreacted.

Your right... but the layout on these threads is a bit strange...the dark line under the post would appear to be the end of that posting and the name above the post appears to belong to the post below it... this is weird and unlike other blogs ....but then... this is Moonbatville... so I was actually replying to the post just below you. The other thing is I'm actually working and occasionally stopping to waste time to read or respond when I feel inspired, but I have to act fast so ...it makes me more mistake prone... I'll try not to let it happen again. I really would hate to give you high blood pressure so that you had a stroke or heart attack or something. I'm guessing you eat the typical all American diet to go with the typical far RW philosophy, lots of steaks, burgers, cheap pizza, etc ...which I indulge in myself some, well not steaks ...and therefor are prone from the typical diseases that go with it unless your under 35... so I'll be careful

Fez Out...

"Fez Out..."

Whoa! The dipshit got something right!

Now Jimbo ...I did apologize for my mistake and there you are calling me names... you obviously were not raised well. I forgive you.

Where did you grow up anyway? I had the unfortunate experience of growing up in rural Michigan, very near one if the hotbeds of the militia movement ...talk about bitter people clinging to their guns! I'm quite sure that thats what Obama had in mind... though I'm not sure about the god stuff. Anyway, those people were so arrogant and foul mouthed and really freaking small minded... maybe you you were unfortunate enough to be the offspring of one of those types?

I must say though, it seems unfair that you, assuming your the type who voted McCain Palin, actually seem to like it when people speak and make gross linguistic errors like saying "get er did" or "ya becha", yet you get so upset about spelling errors... oh well, more human behavior to ponder...

Hey what's up with Van Helsing? Have you ever seen his picture when he posts at RWN? He looks very unhealthy... almost corps like... not very happy either... or maybe he's just goth, though though I thought that was for younger people... or it could just be all his hate mongering is finally catching up

Hvae a ncie evenining alll

I didn't call you a name. It is simply a descriptive noun. There you go - changing the dictionary (just as you re-right history) to try to make shit smell like a rose.

Dumb dipshit.

re-right... means re-write....

I had to correct that, because only a dipshit would confuse the real meaning.

"I had the unfortunate experience of growing up in rural Michigan,..."

JESUS!
Why didn't you say so! (Oh... I guess you did... he-he) That explains why you are SUCH a dipshit, dipshit.

Hm... so fez makes a mistake that proves he's an idiot, and he is mad at me for pointing it out.

Don'tcha just love the moonbat left?

To fill one of the many gaps in Fez's knowledge: the picture on RWN is Peter Cushing playing Van Helsing in a Hammer movie.

VH just dropped a pebble into the Grand Canyon.

Anyone notice how the market went up just as well after President-elect Obama gave his first press conference?

No?
Geee, funny how you left that out.

Don't worry, Mike. It'll go back into free-fall on Monday.

It's a sign of fez's poor intelligence (not that we needed any) that he accuses speculators and traders of being evil greedy people who contribute nothing. It also shows an amazing lack of awareness concerning actual market workings.

Speculators and traders perform very important functions. They determine a company's true worth. It's a self-regulating process. If a company's value is over-inflated after releasing revenue projections, or under-inflated, traders end up doing the rebalancing. Of course, I wouldn't expect fez to understand this, because he watches hectic day-trading happening on the floor and assumes he's watching wild beasts frothing at the mouth over the prospect of earning a dollar. fez, if you don't understand what you're seeing, it's best to learn about it as opposed to blindly following your own assumptions as truth.

And if you think the market is filled with people just making bets and praying to hit it big, you're an even bigger moron than I had previously given you credit for. While I have no doubt those type of "investors" exist, they are quickly weeded out by experienced folks who actually know what they're doing. Again, you should learn something about it. Hell, you might even make a few bucks.

On a side note, borders and patriotism are childish? Go to hell (or Europe, same difference). I lived in Singapore for 2 years and traveled to nearly every country in southeast Asia, all over Europe, but never hit Africa. I'm ecstatic to be back in the U.S., where I always have access to clean water, food, electricity, and the punishment for spitting on the sidewalk isn't a $500 fine.

Stop visiting tourist traps and pretending you're in Utopia idiot.

Hey Michael, been watching the market lately?

Hey, the dow was up 550 today... must be that Obama effect!