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Canuck57[_9_] May 10th 10 12:16 AM

economist blames wall street for collapse
 
On 09/05/2010 3:25 PM, wrote:
On Sun, 09 May 2010 16:27:42 -0400, wrote:

On Sun, 09 May 2010 15:45:39 -0400,
wrote:

On Sun, 09 May 2010 14:45:59 -0400, wrote:

really? ever sell any stock?



hmm...it seems you dont know WHY companies are even ON wall street.
they are there for capitalization....looking for money to invest in
their companies. if wall street drops by a trillion, their
equty...their ability to raise money...drops by a trillion

Perhaps you are the one who doesn't understand how stocks work. When a
company offers shares they get all the money they are going to get
right then. After that the stocks are just baseball cards that trade
without the company seeing another dime. They can sell more stock but,
again, it is a one time shot.


stock is fungible. companies can, and do buy and sell their own stock.
and their ability to raise MORE equity is affected when the stock
price drops


Certainly a good stock price garners a better market for selling other
instruments but it does not directly affect the corporate revenue.


Some companies do this all the time, I usually try to get out quick if
they dilute the shares. 2 of 3 times they take a hit in less than 6
months after the offering.

--
There is a sucker born every minute, liberals and our politicians are
counting on it.

bpuharic May 10th 10 12:17 AM

economist blames wall street for collapse
 
On Sun, 09 May 2010 15:01:15 -0600, Canuck57
wrote:

On 09/05/2010 12:43 PM, bpuharic wrote:
On Sun, 09 May 2010 13:16:23 -0400, wrote:




Obama is a rich black guy, what;s your point?


irrelevant. that's another reason you hate him. an uppity black
guy...can't stand it, huh?


But... you said all rich people are bad


let me type this slowly...so you can have someone read it to you

the rich white boys on wall street and their paid assassin bush
screwed teh middle class...


LMAO, you are so screwed up.


why? is my name rush limbaugh?


bpuharic May 10th 10 12:20 AM

economist blames wall street for collapse
 
On Sun, 09 May 2010 15:19:08 -0600, Canuck57
wrote:

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.\\


here we go. blame the middle class. it has NOTHING to do with wall
street. NOTHING to do with CDO's....nothing to do with billion dollar
paydays on wall street...NOTHING to do with the fact the financial
secdtor accounted for 40% of GDP before the crash...

it was joe six packs who caused the crash

what bull****

Money for nothing and chicks for free and the bills didn't get paid.


money for nothing?

uh, where? where wsa 'money for nothing' EXCEPT ON WALLSTREET??

what did wall street do with SIXTY TWO TRILLION DOLLARS IN
DERIVATIVES??

and how did the middle class wreck the economy?

all you have is bull**** and cliches.

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.


bull****..cliches..racist hatred of a darkie president...


I don't see conservative people suffering, hell, we love this turmoil.
Sideline the cash until the hard leasons are learned well.


most of middle america IS conservative. and only the right wing would
deny they are suffering.


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.


if debt is bad

then how did the US survive ww2 with a BIGGER DEBT than we have today

you are a world class leader in right wing bull****


Canuck57[_9_] May 10th 10 12:21 AM

economist blames wall street for collapse
 
On 09/05/2010 12:46 PM, bpuharic wrote:
On Sun, 09 May 2010 13:28:59 -0400, wrote:

On Sun, 09 May 2010 12:42:16 -0400, wrote:

by the way...what's the rate of inflation nowadays?

oh. there isn't any.



Bought any oil based products lately? (everything is oil based) There
is certainly inflation going on. The fed is just ignoring it and
borrowing to hide it by printing money.


really? got any proof?

or is the only proof you need listening to limballs?


Not that you want to see, but with unemployment going 9.7 to 9.9 and GDP
is reputed to be growing, it has historically been a 100% hit rate on
pending inflation.

Read some good books. Not the kenesian BS, some good books with lots of
straight up historical real events and discussions. Like the one that
says a recession/depression is coming when real interest rates on
savings goes below real unadjusted inflation.

And discussions on why bonds go down near the end. Right now, if you
are into loaning money in CDs, t-bills, or whatever, good time to get
the frack out. Interest rates have only one way to go and it isn't down.

--
There is a sucker born every minute, liberals and our politicians are
counting on it.

bpuharic May 10th 10 12:21 AM

economist blames wall street for collapse
 
On Sun, 09 May 2010 17:26:53 -0400, wrote:

On Sun, 09 May 2010 16:30:03 -0400, bpuharic wrote:

The BLS agrees with me but you know how those government people lie.


really? again, i ask

where's your proof?


http://www.bls.gov/news.release/cpi.nr0.htm

EXACTLY!! finally you get it you IDIOT!!

inflation is running at about 2.5%. and it's been that way for YEARS.


I am not stupid enough to think 2.5% is zero.


you're stupid enough to think it's 2500%


bpuharic May 10th 10 12:23 AM

economist blames wall street for collapse
 
On Sun, 09 May 2010 15:43:25 -0600, Canuck57
wrote:

On 09/05/2010 11:28 AM, wrote:
On Sun, 09 May 2010 12:42:16 -0400, wrote:

by the way...what's the rate of inflation nowadays?

oh. there isn't any.



Bought any oil based products lately? (everything is oil based) There
is certainly inflation going on. The fed is just ignoring it and
borrowing to hide it by printing money.


True. Canadians and US governments are hopelessly broke.


so are

france
germany
mexico
britain
italy
belgium
holland
iceland

etc etc


Hell, Greece could do that too if it were not for EU Euro being common.
Any country producing money like this screws the others.

The only reason the US gets away with it is that like GM they are
percieved as too big to fail. But as that perception is realised as
myth, the US is on a downhill ride.


thanks to wall street

funny how wall street invents all kinds of bull**** like CDO's...but
the right blames it on the middle class...


Fortunately shares are like currency. 10000 shares of xyz corp is 10000
shares of xyz corp even if the currency devalues to pesos. One does
want to pick the right time to get in and out of these roller coaster dives.


until you do a reverse 4:1 split like ATT did to save its ass on wall
street


Canuck57[_9_] May 10th 10 12:33 AM

economist blames wall street for collapse
 
On 09/05/2010 1:50 PM, wrote:
On Sun, 09 May 2010 14:46:35 -0400, wrote:

On Sun, 09 May 2010 13:28:59 -0400,
wrote:

On Sun, 09 May 2010 12:42:16 -0400, wrote:

by the way...what's the rate of inflation nowadays?

oh. there isn't any.


Bought any oil based products lately? (everything is oil based) There
is certainly inflation going on. The fed is just ignoring it and
borrowing to hide it by printing money.


really? got any proof?

or is the only proof you need listening to limballs?



The proof I have is I go to the gas station, the grocery store and I
pay a cable bill (until I fired them). What is not going up?

The BLS agrees with me but you know how those government people lie.

http://www.bls.gov/news.release/cpi.nr0.htm


They even provide a time killing calculator using governemtn CPI numbers.

http://data.bls.gov/cgi-bin/cpicalc.pl

Plug in 1960's or 1970's prices you or you parents paid for things.
Maybe even grab a 1960's income tax and run taxes and utility costs.

A real eye opener. My home has outpaced inflation 3:1 since it was
built. And that was a today firesale price, could be 4:1.

In 1980 you could have bought a leather loaded LTD V8 auto for less than
$9,000, today the inflation calculator says $23,770.38. (Remember I live
in Canada).

I really got a kick out of a 1976 utility bill with $1.05 in taxes for
water and sewer, today it is closer to $40++ where I live. Should be
$4.02 by the calculator.

--
There is a sucker born every minute, liberals and our politicians are
counting on it.

bpuharic May 10th 10 12:33 AM

economist blames wall street for collapse
 
On Sun, 09 May 2010 15:53:53 -0600, Canuck57
wrote:

On 09/05/2010 1:55 PM, wrote:
On Sun, 09 May 2010 14:49:26 -0400, wrote:

On Sun, 09 May 2010 13:33:13 -0400,
wrote:

On Sun, 09 May 2010 1

ROFLMAO!! of COURSE THEY ARE WORTHLESS YOU MORON!! that's why we're in
a DEPRESSION

in 1996 CDO's were worth 1 trillion dollars

10 years later they were worth SIXTY TWO TRILLION DOLLARS.

You seem to be confusing "value" and "price".

There were people who paid a thousand dollars for a cabbage patch doll
but that did not mean they were worth $1000. A year later they were 99
cents at the Goodwill.


$1000 probably went on the credit card with monthly payments too.


one can only imagine what leads right wingers to compare cabbage patch
dolls to collateralized debt obligations worth 62 trillion dollars

but, i guess if you're right wing, dreaming about hating the middle
class makes it all logical


bpuharic May 10th 10 12:35 AM

economist blames wall street for collapse
 
On Sun, 9 May 2010 15:27:41 -0700, "nom=de=plume"
wrote:

"Canuck57" wrote in message
...
On 09/05/2010 11:40 AM, wrote:
On Sun, 9 May 2010 10:05:08 -0700,
wrote:

--
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.


actually he DOES have a broker....

a pawn broker...


D.Duck[_5_] May 10th 10 12:35 AM

economist blames wall street for collapse
 

"bpuharic" wrote in message
...
On Sun, 9 May 2010 16:59:35 -0400, "D.Duck" wrote:


"bpuharic" wrote in message
. ..
On Sun, 09 May 2010 15:33:00 -0400, wrote:

On Sun, 09 May 2010 14:42:19 -0400, bpuharic wrote:


and if the middle class hasnt had a real wage increase in 10 years,
you have to invent SOME idiotic reason it's their fault...


BTW where do you get that 100m number you keep throwing around as
fact? If I believe the definition of middle class that was established
here ($100k to $200k) the total number of households is more like 13
million.

there are about 110M wage earners in this country. the middle class
generally is the middle 20-80%

http://en.wikipedia.org/wiki/File:Income-curve-$10k.png


Let's see, 20~80% is about 60%. 60% of 110M wage earners is 66M. The
number is shrinking.


oh. so only 66M americans are idiots and should live ijn poverty?

i stand corrected


You're the stickler for "facts".



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