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Oct 9, 2008

Dow falls below 9,000 as stocks extend declines

The Dow Jones industrials have fallen below the 9,000 mark, hurt by a steep decline in shares of General Motors Corp.

The blue chip index is extending its selling to a seventh straight day Thursday as investors grapple with worries about the credit markets and the economy.

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disgustedvisitor

München, Germany

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#1
Oct 9, 2008
 

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Yeeeeepehhhhhhhh!
The US voodoo economy is imploding!
The parasites are in trouble!
LET THEM BLEEEEEEEEEEEEEEEED!
Tory One

Atlanta, GA

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#2
Oct 9, 2008
 

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I have been ranting on this for the last three years and only today did a close friend actually apologize to me for the ridicule he poured on me during such discussions, to date he has lost $275K in his 401K
BOB

Slidell, LA

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#3
Oct 9, 2008
 

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All this means is BUSH will have to spend trillions more to bail out what he messed up.

Mean time Exxon gets a tax break and we spend billions in the Middle East.
sassafrass

Sanford, ME

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#4
Oct 9, 2008
 

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Germany isn't such a shining star itself, so don't get too cocky. What happens in our economy affects the global market, so be careful what you wish for.
Death of America

Chicago, IL

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#5
Oct 9, 2008
 

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With no money to spare for the American auto industry, it's lights out. It was just recently that GM suspended health care to it's retirees over the age of 55. Now, it looks like they may lose their pensions as well.
I can not believe the massive carnage the Republicans in congress have done to my country.
LLL

Sherman, TX

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#6
Oct 9, 2008
 

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disgustedvisitor wrote:
Yeeeeepehhhhhhhh!
The US voodoo economy is imploding!
The parasites are in trouble!
LET THEM BLEEEEEEEEEEEEEEEED!
Go kiss the nearest Hitler monument.
Andy

Minneapolis, MN

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#7
Oct 9, 2008
 

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Death of America wrote:
With no money to spare for the American auto industry, it's lights out. It was just recently that GM suspended health care to it's retirees over the age of 55. Now, it looks like they may lose their pensions as well.
I can not believe the massive carnage the Republicans in congress have done to my country.
The Republicans in Congress?
disgustedvisitor

München, Germany

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#8
Oct 9, 2008
 

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LLL wrote:
<quoted text>
Go kiss the nearest Hitler monument.
I love you too, moron

“Are the martinis ready yet?”

Joined: Jun 1, 2007

Comments: 3055

cold comfort farm

ISP: Lorton, VA

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#9
Oct 9, 2008
 
Death of America wrote:
With no money to spare for the American auto industry, it's lights out. It was just recently that GM suspended health care to it's retirees over the age of 55. Now, it looks like they may lose their pensions as well.
I can not believe the massive carnage the Republicans in congress have done to my country.
From the way you speak, the Dems get a free pass???
You better think

Atlanta, GA

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#10
Oct 9, 2008
 

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Karma really can be such a bitch. There are those who may soon have new perspective on terms like "needy", "freeloader", "moocher", "bums".
Miyamoto Musashi

Santa Perpetua, Spain

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#11
Oct 9, 2008
 

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Obama's "poll" numbers are up and American's confidence in the country's strength is down. It's like that jackass Democrat saying a bank was in trouble and causing a run on the bank. Idiots, idiots, idiots, who would throw live babies into sinks and watch them die.

“E.L.E. ... it's coming ...”

Joined: Apr 2, 2007

Comments: 43

San Jose, CA

ISP: San Jose, CA

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#12
Oct 9, 2008
 

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Ironically, it is 1 year TO THE DAY that the DJIA set its all-time high.22
Bite Me

West Babylon, NY

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#13
Oct 9, 2008
 

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disgustedvisitor wrote:
Yeeeeepehhhhhhhh!
The US voodoo economy is imploding!
The parasites are in trouble!
LET THEM BLEEEEEEEEEEEEEEEED!
Silly goose.

Those 'parasites' are ordinary people with 401K's and IRA's that are 'bleeding' as a result of this 'implosion' thanks to those organized crime elements situated in and around Washington DC and the U.S. Government.

Billionaires and millionaires won't feel the effects of this bloody implosion as much as average Joe working class citizen. You can count on THAT!
Miyamoto Musashi

Santa Perpetua, Spain

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#14
Oct 9, 2008
 

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Democrats have been in control of both Houses of Congress since 2006 and their leadership was promising in December 2000 to gut this country if their man wasn't allowed in the White House. Don't you think people have been listening?

=
Death of America wrote:
With no money to spare for the American auto industry, it's lights out. It was just recently that GM suspended health care to it's retirees over the age of 55. Now, it looks like they may lose their pensions as well.
I can not believe the massive carnage the Republicans in congress have done to my country.

Joined: Jul 17, 2008

Comments: 1764

Columbus, GA

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#15
Oct 9, 2008
 

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I can turn this world financial mess into everlasting peace and prosperity in a few days if you give me control of the World Government.

The first thing I would do is convert to one bank, one credit system and throw the moneychangers into the Lake of Fire.
bite me

Annapolis, MD

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#16
Oct 9, 2008
 

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Way to go...republicans your corrupt free market. blech...
disgustedvisitor

München, Germany

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#17
Oct 9, 2008
 

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USA IS A PARASITE!

With a broken society, largely unproductive with a corrupt inable political elite and criminal destructive financial elite, controlling everything and only looking after their own; growing racial tensions; vanishing middle class; broken education system.

Wiht a broken economy living on drugs and cheating (despite immense privileges in the world!), with broken infrastukture, bankrupt public finances. US has now three time more debt than in 1929 in relation to GDP(Wall street crash), without a competive industry to repay.

Your crooks on Wall Street did it AGAIN!
UNBELIEVABLE! The have destroyed the world financial system, by creating the biggest ponzi fraud in history - more than 800 trillion in derivatives - NO ONE can pay this back!

THANK YOU VERY MUCH, AMERICA!
Dan Ager

New York, NY

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#18
Oct 9, 2008
 

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Tory One wrote:
I have been ranting on this for the last three years and only today did a close friend actually apologize to me for the ridicule he poured on me during such discussions, to date he has lost $275K in his 401K
I've lost quite a bit myself, even though I have been staying out of the market lately. This whole mess was caused by too much cheap credit. And what do they do - throw 700 billion more at it. Regulation is the cause of this mess, not the cure.

And why are we opening up the credit to every bank, even the ones that participated in the credit profiteering? This article has an interesting perspective on which banks deserve to participate in the package:

http://www.zkeletenz.com/fatcat-bailout-or-re...
Washed in the blood

Valhermoso Springs, AL

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#19
Oct 9, 2008
 
disgustedvisitor wrote:
USA IS A PARASITE!
With a broken society, largely unproductive with a corrupt inable political elite and criminal destructive financial elite, controlling everything and only looking after their own; growing racial tensions; vanishing middle class; broken education system.
Wiht a broken economy living on drugs and cheating (despite immense privileges in the world!), with broken infrastukture, bankrupt public finances. US has now three time more debt than in 1929 in relation to GDP(Wall street crash), without a competive industry to repay.
Your crooks on Wall Street did it AGAIN!
UNBELIEVABLE! The have destroyed the world financial system, by creating the biggest ponzi fraud in history - more than 800 trillion in derivatives - NO ONE can pay this back!
THANK YOU VERY MUCH, AMERICA!
You need help, do you think if the inocent people of Germany were in the same same we would be rolling in glory?? Not!!!

Understanding this could have been avoided but not much us average folks could have done to stop it.

Thanks for all your concern.

God Bless

Joined: May 23, 2008

Comments: 3147

Monterey Park, CA

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#20
Oct 9, 2008
 
Jake999 wrote:
I can turn this world financial mess into everlasting peace and prosperity in a few days if you give me control of the World Government.
The first thing I would do is convert to one bank, one credit system and throw the moneychangers into the Lake of Fire.
Pretty hard to do from that lake of fire that you're in Jake, what's it called, State of Georgia, Institute of The Mentally Insane.
:D
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