On Sat, 09 May 2009 19:21:20 -0400, Tom Francis - SWSports
wrote:

On Sat, 9 May 2009 15:01:56 -0400, "Eisboch"
wrote:

Not all investment firms are crooked. Like them or not, they deserve
consideration based on contract law. These guys were secured investors, by
law.

Just wait until these leftie morons figure out that their 401s and
pension funds are part of these equity stake holders and they lose
another 70% on their investments.

It an't gonna be Bush's fault then.

Obama is out of touch and out of control. And it's gonna bite him in
the ass - sooner rather than later.

I was listening to one of the Fox "financial" shows this morning.
You know, the Wall Street whizzes. They used to begin their shows
with lead-ins like "Will the Unions Destroy America?" or "Will the
Democrat Congress Destroy America?"
That's when the Dow was 14,000.
Guess their questions were prescient.
Now it's something like "Is it Too Late To Stop Socialism?"

Anyway, these guys and gals are usually in lockstep about what's good
for America. Kill unions. Don't raise min wage. Those with no
health care deserve none. Shipping jobs overseas is good for America.
Dems are bad. You know, the usual. Just making sense. For America.
The only disagreements are about what stock to buy. But that's all
good-humored. After all, we're all rich.
Then one of them - the "moderator" - says there are record 401k
withdrawals, despite the folks getting hit for the 10% early penalty.
A clip of Obama making a campaign speech and saying he wants that
penalty stopped for withdrawals up $10,000 is played.
I remembered that speech and figured these guys would pan it, and they
did at the time. Looks to be a broken promise by Obama.
Now one them pipes up and says it's a good idea to get cash back in
the economy. All hell breaks loose, because that will take steam out
of the stock market.
It's fun seeing these people go for each others throat.
I'm enjoying the hell out of some aspects of this "recession."
That's entertainment!

--Vic