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  STONERS6 months ago

  "Are we going to go from a narrow bear market to a broad bear market?" he said, meaning that investors may start selling not only poorly performing stocks such as financials but also those which have not done too badly this year."

  "This week may offer some sort of answer if only because of the depths that have been reached recently."

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  Amazing16 months ago

  I am hoping that the economy manages somehow to hang on until after the election and inaugeration of the next president. Should there be a true collapse, Bush is all set to declare marshall law and then we are totally screwed. Say hello to a totalitarian regime.

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    walden36 months ago

    I know there'll be tin foil hat comments.

    I was just talking with someone today. I was saying that after eight years of Cheney and Bush Inc. strengthening the executive through the use of signing statements, executive privilege, the defenses of national security, fighting the long war on terrorists or being a wartime president, I can't see Bush Inc. so willing to turn all of that new power over to a Democratic president.

    I can't see them laying down and allowing Obama to tap every single phone call, email and Internet search the way that Bush Inc. has been doing.

    I figure they must know something we don't.

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  mmrhe6 months ago

  If you happened to catch George Stephanopolus this morning, Ted Koppel had some interesting insights about why the troops won't be leaving anytime soon no matter who gets elected.

  Cause The Oil Market Is Too Jittery! Hold on folks. We are in for some scary ****** in the very near future. Like nothing any of us has seen.

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  nostalgia6 months ago

  I listened to an interesting discussion on the stock market and investments yesterday

  Several analysts mentioned Obama's plan to increase the capital gains tax rate from 15% to 28%.

  They noted that historically increases in the capital gains tax rate have been retroactive

  They said they expect some people will sell stocks that are performing well to try and avoid any increase in this tax rate if Obama is elected

  some of them said they wouldn't be surprised to see the Dow go even lower

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    browntiger6 months ago

    Oh please even if Obama get's elected and congress passes increase in capital gains as you mentioned retroactively - there will be no crisis.

    Stock performance will be based more on how well he performs, how confident people in the future, how well economy will be creating new jobs.

    Clearly stocks are falling because confidence in Dumbo W administration is pretty low, jobs leaving US, gas prices soar, housing & loans crisis, and the only reason this whole mess did not bring down immediate financial crisis - is massive goverment deficit spending.

    160,000 in Iraq, defense orders, fed that printing money to give them to the banks so they can use those to pay for previous loans they took from fed. absurd interest rate of ( i bonds sold at 0% rate ) so banks instead of cleaning they books still in hope of selling bad debt to offshore investors. High risk and low yield assure it will never happened.

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    jmarks6 months ago

    well, its about time for a new approach, Bush's tax cuts for the wealthiest haven't helped a whole lot have they?

    Obama's capital gains tax increase will only affect the wealthiest 2% of americans, that's a reversal of Bush's policy, wouldn't you say?

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      nostalgia6 months ago

      " Obama's capital gains tax increase will only affect the wealthiest 2% of americans"

      Nearly doubling that tax would devastate pension plans and personal investment portfolios that are intended to provide for their owners in their years of retirement.

      It affects far more than 2% of Americans

      Have you ever looked at what happened when the capital gains tax was increased during the Reagan administration? The federal government's revenues from the tax declined by 44% over the next three years.

      Why did the revenues from the tax decrease? Many people pulled out of the stock market

      "Bush's tax cuts for the wealthiest"

      Have you ever actually gone back and looked to see how those tax cuts impacted you - what were you paying before the cuts as opposed to after them? Why don't you do that and then let me know if you were one of the so called "wealthy" who benefited

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        quackpot6 months ago

        The tax cuts to the wealthiest were offset by massive deficit spending and by running the money printing machines over time.

        Ask anybody who is traveling in Europe about Bush's policies of devaluing the dollar.

        Ask the next generation how they feel about picking up the tab for Bush's welfare for the rich programs.

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  walden36 months ago

  Spam. Spam. Spam. Wonderful Spam. Lovely Spam.

  Get used to it.

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    STONERS6 months ago

    lol!!!

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  panzerv6 months ago

  They've got the ball and they're running with it. I think corporate extortion will just be the order of the day from now on. And I agree with Walden about bush sharing power...that's what mcdummy is for. They will all still be wired into the system, we will just be watching a different puppet dance. I just took the straw poll for $hits and giggles and they've got mcidiot leading in EVERY state.

  A revolution is an ugly thing...and I think it's just about time we had one!

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  walden36 months ago

  I wouldn't be surprised to find the DOW well below 10,000 within the next six months.

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