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Wall Street loses its binky, throws an early tantrum

Discussion in 'Political Discussion' started by Tunescribe, Nov 7, 2012.

  1. Tunescribe

    Tunescribe PatsFans.com Supporter PatsFans.com Supporter

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    #61 Jersey

    The Dow is down 200 points early but blames it on concerns over Europe, not the election. Hmm ...
     
  2. Patradomous

    Patradomous In the Starting Line-Up

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    #87 Jersey

    You'll see people droping out of the market like flies.

    Welcome to the Obama recession. No one to blame this time.
     
  3. DocHoliday

    DocHoliday In the Starting Line-Up

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    Good riddance to the gamblers
     
  4. IllegalContact

    IllegalContact Pro Bowl Player

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    watch all the economic numbers return to reality after being jacked up by the administration.

    fiscal cliff.......here we come

    [​IMG]
     
  5. Tunescribe

    Tunescribe PatsFans.com Supporter PatsFans.com Supporter

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    #61 Jersey

    What do you bet it would be UP 200 had Mitt won, regardless of what's happening in Europe. They had their hearts set on a looser leash.
     
  6. PatriotsReign

    PatriotsReign Hall of Fame Poster

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    #18 Jersey

    most middle class American families have a lot invested in that casino Doc...I do and you will as well once you start your career.

    You should start looking at issues from a working person's pov and stop with the academic perspective. Academics pov aren't taken too seriously by the average jane & joe.

    When we have major social issues to address, I favor shutting out academia entirely...they're just not rationale or pragmatic.
     
    Last edited: Nov 7, 2012
  7. Drewski

    Drewski In the Starting Line-Up

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    No Jersey Selected

    My 401k says boo to you :)
     
  8. Patradomous

    Patradomous In the Starting Line-Up

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    #87 Jersey

    Its this countries gamblers that are taxed 15% on their winnings so that there can be such lovely things as abortioncare.
    Jesus Christ you people are clueless.
     
  9. DocHoliday

    DocHoliday In the Starting Line-Up

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    Winnings? You act like the money is appearing from thin air. These gamblers are sucking money from the economy.

    Lolol abortioncare that saves your taxes from 18 years of benefits.

    Which one do you want Patra?
     
    Last edited: Nov 7, 2012
  10. Hebeill

    Hebeill 2nd Team Getting Their First Start

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    Things worked just fine before the arrival of the gamblers.
     
  11. PatriotsReign

    PatriotsReign Hall of Fame Poster

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    #18 Jersey

    You need to think your comment through more carefully. The VAST majority of Americans "gamble" with their 401k's.

    Why?

    Because corporations no longer wanted to fund pensions, profit sharing and retirement benefits so they created the 401k.

    We don't have a gambling problem, we have a Casino problem. If we had better options, most of us wouldn't be gambling with our life savings...ya know what I'm sayn?.
     
    Last edited: Nov 7, 2012
  12. Brock Samson

    Brock Samson On the Game Day Roster

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    I remember when people where predicting that the Dow would never see 10,000 after Obama was elected in 2008 and boy, were they wrong. The fact is that Obama and Romney are barely different at all in terms of their economic policies other than a few, largely irrelevant rhetorical points: they are both avowed capitalists and American exceptionalists. Also, over time if you look at Wall Street's reaction to the election of Democratic or Republican presidents you'll see little to no difference.
     
  13. ExiledBostonPat

    ExiledBostonPat Practice Squad Player

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    The gamblers aren't the worst, its the poliscumbags in Congress that decided to bail the gamblers (Goldman, JP Morgan ea) out in 2008 (indirectly) under the pretext of 'collapse if we do not' which was total BS.

    But like I mentioned elsewhere, I stopped caring when I finally figured out 'they' don't give a lemons peel about you or me. Let the system crash under the weight of debt, liabilities and derivatives (which it will).

    I thought it was unsustainable under GW Bozo and it is still unsustainable (and no better) under BH Obozo.
     
  14. Brock Samson

    Brock Samson On the Game Day Roster

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    Both parties are pretty much bought and paid for. So, yup.
     

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