Home |
Search |
Today's Posts |
#91
posted to rec.boats
|
|||
|
|||
economist blames wall street for collapse
On 09/05/2010 10:38 AM, bpuharic wrote:
really? you mean 100M americans DIDNT get screwed by the market in the last 3 years? Oh they did, but they screwed themselves. Money for nothing and chicks for free and the bills didn't get paid. Voted for cheap credit from a demcrater congress and a fast talking bull****er like Obama. Denialism at it's best. Over extended debt monkeys and the corrupt killing the system. I don't see conservative people suffering, hell, we love this turmoil. Sideline the cash until the hard leasons are learned well. Look at it this way. If you have so many leaches on you that you get sick do you: 1) Put more leaches on you. (Obamanomics of debt, more debt) or 2) Tighten up the belt, shake off the leaches and get better. (Conservative) You choose. Obama is trying to solve a massive debt problem with more debt. All the same problems of 2 years ago exist today, but $2.5 trillion more in the hole and counting. -- There is a sucker born every minute, liberals and our politicians are counting on it. |
#92
posted to rec.boats
|
|||
|
|||
economist blames wall street for collapse
|
#93
posted to rec.boats
|
|||
|
|||
economist blames wall street for collapse
wrote in message
news On Sun, 9 May 2010 10:05:08 -0700, "nom=de=plume" wrote: It was a trillion that never really existed in the first place. It was just phony paper "money" they created out of thin air. While it wasn't cash, if the stocks are sold (and many are), it would certainly be real! A stock price is only valid for the last person to actually exercise that trade and as sell orders come in prices inevitably drop. Some of my stop loss orders actually traded lower than the price I set because the market would not support that price in the free fall after that bozo screwed up one sell order. Yes, thus the money is certainly real for those exercising trades. It also has the effect of making companies vulnerable to pirates, who would take advantage of low stock prices. Again, very real consequences. |
#94
posted to rec.boats
|
|||
|
|||
economist blames wall street for collapse
On 09/05/2010 10:42 AM, bpuharic wrote:
On Sun, 09 May 2010 09:09:09 -0600, wrote: For example, you take a 10 year t-bill at 0.5% and say inlfation runs an average of 10%, then loaning the government cost you 50% in value even though the $$$ amount in 10 years is slightly up. It is also why US/Canadian government can no longer borrow money and create it off their own banks...inflationary ponzi money really? by the way...what's the rate of inflation nowadays? oh. there isn't any. Funny, we watch what we spend like a hawk and my wife has a good memory for her shopping. She estimates 5-7% in the last year at the grocery store. If you use the governments own inflation calculator, you can tell pretty quick the goverment inflation numbers are bull****. Inflation is always more than the government states. About 1.6 times I figure. Keeps the sheep happy to get a 2% raise on a government stated 1.6% when it is really 2.5%. That is, a second crash is inevitable at this point. As Obama and democrats are jack asses if they think they can debt-spend their way out of a debt depression. worked in 39, didn't it? our debt burden was higher then than it is now. but you're right wing...not too bright....you think black guys will destroy the US Work out the government debt in 1939 and the personal rates of income tax. I rest my case as debt was under control, income tax was much lower. But if you are suggesting that after Obama and congress screw it up bad enough, they might start a WWW III to bailout government, they just might. Could even be this is engineered. How better to get quality recruits into the armed forces than a government made depression as they gear up for war. Exactly the same path Adolf Hitler took. -- There is a sucker born every minute, liberals and our politicians are counting on it. |
#95
posted to rec.boats
|
|||
|
|||
economist blames wall street for collapse
|
#96
posted to rec.boats
|
|||
|
|||
economist blames wall street for collapse
|
#98
posted to rec.boats
|
|||
|
|||
economist blames wall street for collapse
|
#99
posted to rec.boats
|
|||
|
|||
economist blames wall street for collapse
On 5/9/10 5:56 PM, Canuck57 wrote:
On 09/05/2010 11:40 AM, wrote: On Sun, 9 May 2010 10:05:08 -0700, wrote: It was a trillion that never really existed in the first place. It was just phony paper "money" they created out of thin air. While it wasn't cash, if the stocks are sold (and many are), it would certainly be real! A stock price is only valid for the last person to actually exercise that trade and as sell orders come in prices inevitably drop. Some of my stop loss orders actually traded lower than the price I set because the market would not support that price in the free fall after that bozo screwed up one sell order. If my broker screwed up one of my trades, I would ask his manager if they liked my business, they would fix it. And if they didn't, I would put the facts on the internet. I don't tollerate screw ups on my banking/trading. snerk How much does that little glass piggy bank of yours hold? -- The Tea Party's teabaggers are just the Republican base by another name. |
#100
posted to rec.boats
|
|||
|
|||
economist blames wall street for collapse
"Canuck57" wrote in message
... On 09/05/2010 11:40 AM, wrote: On Sun, 9 May 2010 10:05:08 -0700, wrote: It was a trillion that never really existed in the first place. It was just phony paper "money" they created out of thin air. While it wasn't cash, if the stocks are sold (and many are), it would certainly be real! A stock price is only valid for the last person to actually exercise that trade and as sell orders come in prices inevitably drop. Some of my stop loss orders actually traded lower than the price I set because the market would not support that price in the free fall after that bozo screwed up one sell order. If my broker screwed up one of my trades, I would ask his manager if they liked my business, they would fix it. And if they didn't, I would put the facts on the internet. I don't tollerate screw ups on my banking/trading. -- There is a sucker born every minute, liberals and our politicians are counting on it. Come on. You don't have a "broker" since you're clearly poor as dirt. |
Reply |
Thread Tools | Search this Thread |
Display Modes | |
|
|
Similar Threads | ||||
Thread | Forum | |||
Wall Street | General | |||
Wall Street Whores | General | |||
Wall Street... | General | |||
Wall Street Journal sez: | General | |||
As seen on Oprah, 20/20, the Wall Street Journal | General |