economic discombobulation - Page 2 - Snowboarding Forum - Snowboard Enthusiast Forums
 
 
LinkBack Thread Tools Display Modes
Old 09-23-2008, 12:45 PM   #11 (permalink)
-LIFETIME MEMBER-
 
baldylox's Avatar
 
Join Date: Dec 2007
Location: New York
Posts: 3,109
Default

Quote:
Originally Posted by Mooz View Post
Congress is so out of touch with the rest of the nation that yes, they had zero foresight to see this coming. I blame their incompetence.
Why would they? That is the responsibility of the Executive....

Quote:
Originally Posted by Mooz View Post
I blame corruption on the big wall street players. And not just corporations mind you, individuals do a lot more to manipulate the market that you can imagine.
Everyone likes to blame the short sellers but they perform an important function where the media fails due to a lack of IQ.
__________________
baldylox is offline  
Old 09-23-2008, 02:14 PM   #12 (permalink)
Veteran Member
 
Mooz's Avatar
 
Join Date: Aug 2007
Location: Your pants
Posts: 1,589
Blog Entries: 1
Default

Short selling isn't bad. Naked short selling is bad. No uptick rule is BAD BAD. Both together = nightmare.

And no congress doesn't get to weasal out by trying to claim it's the responsibility of the executive branch. It isn't. They're at just as much fault.
__________________
I have a word limit on my cynicism
Mooz is offline  
Old 09-23-2008, 05:19 PM   #13 (permalink)
Veteran Member
 
KIRKRIDER's Avatar
 
Join Date: Mar 2008
Location: Bay Area, CA
Posts: 2,485
Default

Quote:
Originally Posted by PaoloSmythe View Post
and there lies the responsibility; are you telling me that know one had any foresight over the last few decades?

there is either incompetence or corruption at the heart this
Totally agree with you, they knew it was coming and they are making billions still now as we speak, knowing that their ass was covered because the alternative is a sort of economic 911.
On the other hand having the WHOLE economy crsh ( IF that was true) would have been worse.
KIRKRIDER is offline  
Old 09-24-2008, 05:26 AM   #14 (permalink)
Samyaksambuddhas
 
PaoloSmythe's Avatar
 
Join Date: Aug 2007
Location: Only British blaady Columbia!!!
Posts: 4,622
Default

so with an addition of so much dollar (if it gains approval, and i presume that current appearances of resistence to the idea are just that... appearances to appease), is there not the chance that $700 billion to $1 trillion will simply devalue the dollar internationally?
__________________
Just coz you don't understand it
Doesn't mean it makes no sense!
PaoloSmythe is offline  
Old 09-24-2008, 07:13 PM   #15 (permalink)
Veteran Member
 
KIRKRIDER's Avatar
 
Join Date: Mar 2008
Location: Bay Area, CA
Posts: 2,485
Default

well just think how much the invasion of Iraq was supposed to cost us and what it ended up costing...
KIRKRIDER is offline  
Old 09-25-2008, 05:19 AM   #16 (permalink)
Samyaksambuddhas
 
PaoloSmythe's Avatar
 
Join Date: Aug 2007
Location: Only British blaady Columbia!!!
Posts: 4,622
Default

Quote:
Originally Posted by pawlo View Post
well just think how much the invasion of Iraq was supposed to cost us and what it ended up costing...
initially i wondered whether this is relevent to this situation. the funding of the irak offensive, effectively retained the tax monies within private US entities, ie. the dollar went to US companies who work in efforts of warfare; McDonnell-D, Halliburton and Black water etc...

but then i suppose this is the exact same thing, being applied to the economic war machine. in essence, it is all the privatisation of public funds.

this has always been the case be it for terrorism irradication, space exploration or economic stability.
__________________
Just coz you don't understand it
Doesn't mean it makes no sense!
PaoloSmythe is offline  
Old 09-25-2008, 03:06 PM   #17 (permalink)
Veteran Member
 
KIRKRIDER's Avatar
 
Join Date: Mar 2008
Location: Bay Area, CA
Posts: 2,485
Default

Quote:
Originally Posted by PaoloSmythe View Post
but then i suppose this is the exact same thing, being applied to the economic war machine. in essence, it is all the privatisation of public funds.

this has always been the case be it for terrorism irradication, space exploration or economic stability.
I would call it Corporate Socialism....where you Socialize the losses and privatize the gains.
Could also be compared to National Socialism, that should ring some bell...
And of course Curious George had to tell us yesterday night that " If we don't pay..something bad could happen"

he should have had at least a black dress and southern Italian accent...I mean.."Frankie..I'll make you an offer..you can'te refuse"

(The Godfather)
KIRKRIDER is offline  
 

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



All times are GMT -5. The time now is 09:37 AM.



Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2014, vBulletin Solutions, Inc.
Content Relevant URLs by vBSEO 3.6.0 PL2
VerticalSports
Baseball Forum Golf Forum Boxing Forum Snowmobile Forum
Basketball Forum Soccer Forum MMA Forum PWC Forum
Football Forum Cricket Forum Wrestling Forum ATV Forum
Hockey Forum Volleyball Forum Paintball Forum Snowboarding Forum
Tennis Forum Rugby Forums Lacrosse Forum Skiing Forums