economist blames wall street for collapse
 

On Sun, 09 May 2010 11:36:45 -0400, wrote:

On Sun, 09 May 2010 10:18:09 -0400, bpuharic wrote:

On Sun, 9 May 2010 09:21:20 -0400, "D.Duck" wrote:


when you sell stocks you either gain or losr stay even

guess what happened to the folks who sold at the end of the day
yesterday?


My stop loss orders triggered so I am looking for a good bottom to get
back in. I already have some prices picked but I haven't placed the
orders. I am watching this Euro thing to see what will happen before I
get back in.

guess the right doesn't know that ALOT of trading is computer
controlled...which is why a trillion evaporated in one day

they keep denying it happened. just like they bitch about obama
spending a trillion over the course of a year.

the difference is that wall street is run by rich white guys.

obama's black.

economist blames wall street for collapse
 

On Sun, 09 May 2010 09:03:33 -0600, Canuck57
wrote:

On 09/05/2010 8:21 AM, bpuharic wrote:
On Sun, 09 May 2010 08:03:10 -0600,
wrote:



You only don't see it because you are clueless.


says the guy who thinks '29 was a great boost for the free market

Nope, just the market reflecting the reality of the politics of the times.

and you love the idea of repeating it today

You someone believe the markets are out to get you or something.
Paranoia actually.

really? you mean 100M americans DIDNT get screwed by the market in the
last 3 years?

what planet you from? how's the weather there?


Markets are simple, they always seek a collective view on the economy.

actually markets are not simple; they are irrational. that's why
they're unpredictable.

One person can't change it, it is a collective

really? guess you dont know what h appens when greenspan says the
market's going to go up or down...or interest rates will rise.



Even big mouth Obama on his soap box can't do much as he is the problem.
A debt monger.

you're to stupid to know what happens to spending in a depression.

the right is absolutely cluess.

economist blames wall street for collapse
 

On Sun, 09 May 2010 11:28:09 -0400, wrote:

On Sun, 09 May 2010 06:37:02 -0400, bpuharic wrote:


you right wingers...dont even know how the stock market works...

No actually even if 10% of the people who owned a particular stock
tried to sell it all at once the stock would lose more than that much
value immediately.

Wall street prices are just the illusion of money.

really? ever sell any stock?


CDOs are not stock in the first place.

who said they were? again you dont know how the market operates.
people buy stock in companies that trade CDO's. when the CDO's come
due and cant be paid, they're trash...just like the stock in the
companies trading them

They are not collateralized
instruments and do not require any money to be escrowed when they are
created. It is simply a computer generated entity that gets traded
like it was actually worth something. As we found out with AIG, there
was no actual money behind them.

and AIG was a publicly held company with stock. it dealt in CDO's.

how'd that work out for AIG and its shareholders....and the taxpayer?

economist blames wall street for collapse
 

On Sun, 09 May 2010 09:09:09 -0600, Canuck57
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.


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

economist blames wall street for collapse
 

On Sun, 09 May 2010 11:33:20 -0400, wrote:

On Sun, 09 May 2010 08:02:32 -0600, Canuck57
wrote:

On 08/05/2010 10:23 PM, wrote:
On Sat, 08 May 2010 12:04:28 -0400, wrote:

in 1 day wall street wipes out a TRILLION DOLLARS from the
economy.

It was a trillion that never really existed in the first place. It was
just phony paper "money" they created out of thin air.

Some real truth to that. If you exclude dividents, where there is a
winner there is a loser. A zero sum game. The economy is say worth 100
units. Than the market swings are irrelivant, your percentage of the
units is all that maters.

Being a zero sum game, the odds are better than Vegas.


BP usually limits this rant to the CDOs and there is no equity
position in them.

do you know what the value of CDO's was in 2006? care to look it up?

yeah, i bitch about CDO's. because unlike you, i know how leveraged
they were.

you blame the middle class...

economist blames wall street for collapse
 

wrote in message
...
On Sat, 08 May 2010 12:04:28 -0400, bpuharic wrote:

in 1 day wall street wipes out a TRILLION DOLLARS from the
economy.

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!

economist blames wall street for collapse
 

"hk" wrote in message
m...
On 5/9/10 10:03 AM, BAR wrote:
In articlel7idnWiLI63lInvWnZ2dnUVZ_tudnZ2d@earthlink .com,
says...

On 5/9/10 9:46 AM, BAR wrote:
In articler7CdnbMfxK9WK3vWnZ2dnUVZ_qSdnZ2d@giganews. com,
says...

wrote in message
...
On Sun, 09 May 2010 00:23:54 -0400, wrote:

On Sat, 08 May 2010 12:04:28 -0400,
wrote:

in 1 day wall street wipes out a TRILLION DOLLARS from the
economy.

It was a trillion that never really existed in the first place. It
was
just phony paper "money" they created out of thin air.

really? i bet if your sold your stocks at the end of the day you'd
sse
it was real money.

you right wingers...dont even know how the stock market works...


Please tell us how YOU think the market works.

This ought to be interesting reading.

How the market works...

The little investor, typically, gets screwed in many different ways,
while the brokerage houses rip off the buyers and sellers.

Tell me where the unions invest their pension funds? Mattresses? Tin
cans buried in the back yard? Stuffed in boxes in basements?






Tell us, oh educated one, are unions "little" investors? And most of the
unions with which I am familiar have extraordinarily diversified
investment accounts. And what has any of that to do with the fact that
brokerage houses rip off buyers and sellers?

You really are a pimp, aren't you?



--
The Tea Party's teabaggers are just the Republican base by another name.

Just how do the brokerage houses rip off the buyers and sellers? Are you
referring to big or small investors?

Is it like the employee's, union and non-union, that don't carry their share
of the work load, especially the ones employed by local, state and federal
units?

economist blames wall street for collapse
 

"hk" wrote in message
...
On 5/9/10 11:45 AM, BAR wrote:
In article1Y6dnXakXa8BSnvWnZ2dnUVZ_qCdnZ2d@earthlink .com,
says...

On 5/9/10 11:35 AM, BAR wrote:
In articleVvKdneGGg9mESXvWnZ2dnUVZ_jSdnZ2d@earthlink .com,
says...

You said the magic word, diversification, my financial planner is
always
telling me about the minimizing the downside. Diversificaiton
minimizes
the downside. Taking profits and distributing them among investments
is
the key to minimizing the downside and diversification.

I suppose you buy everything at cost? If you don't you are getting
ripped off by everyone.

My goal is to retire and have the same standard of living I have
today.
This is a foreign concept to you.


If I had the same standard of living you have today, I'd have to cut
way
back, *Boatless* Bert.

I have a mortgage to pay, we know you don't.





And once again, you demonstrate you are driven by your ignorance.

Do you have a mortgage to pay?



Yup.

More than one, actually.


--
The Tea Party's teabaggers are just the Republican base by another name.

If I had a mortgage to pay I'd want my name on the deed. Unless of course
there was some nefarious reason for not having it there.

economist blames wall street for collapse
 

"bpuharic" wrote in message
...
On Sun, 09 May 2010 11:40:05 -0400, wrote:

On Sun, 09 May 2010 10:19:26 -0400, bpuharic wrote:

Tell me where the unions invest their pension funds? Mattresses? Tin
cans buried in the back yard? Stuffed in boxes in basements?

there are no unions in the US.

Certainly there are, they cover teachers,

7% of american workers are covered by unions. there are no unions in
the US. as the 'economist' magazine pointed out last month, the US has
the most anti-union work environment of 30 industrialized countries


And that is a good thing.

economist blames wall street for collapse
 

In article ,
says...

Do you have a mortgage to pay?



Yup.

More than one, actually.


If I had a mortgage to pay I'd want my name on the deed. Unless of course
there was some nefarious reason for not having it there.


No assets means no judgements can be satisfied. Harry may be legally
destitute.