Dow plunges below 8,000 in early trading

Wild question

How low can it go?

Look at the facts, the "true" and "real" value of American corporations have been raped by the very people who control them. We know now more then ever that the "values" of these corporations are nothing more then a mocked up stage event. If the truth be known the Dow Jones should have never passed 6000 or more, but the true screwers of the onslaught of "value" have thrown the "real" truth out the window.

Bush needs to get a quick message from God ,the rich must be exempt from all taxes forever & we must start 2 more wars & borrow from China to fund them-all white collar crime forgiven-nothing else will save us.

babooph wrote:

Bush needs to get a quick message from God ,the rich must be exempt from all taxes forever & we must start 2 more wars & borrow from China to fund them-all white collar crime forgiven-nothing else will save us.

Which God where you speaking of?

Errol Smythe wrote:

The Dow Jones may pick up over a 1000 points.
Share prices will improve dramactically.
Great oppurtunity for smart investors with smart money.
Now is the time to buy. BUY BUY BUY. Errol Smythe

I don't know if you're being smarmy but even if you are, you're still right. Buy low, sell high, that's the rule of stocks, unfortunately not the rule that's been followed. I almost think this crisis is escalating to scare people into selling off their assets so that when it does hit it's lowest point and people are afraid to spend any money, investors will buy it all and end up with way more money than when they started. That's what I'd do if I were an evil powerful bastard. My money is staying where it is cause if my stocks survive they'll be worth 3 or 4 times what their previous high has been in less than two years.

Anybody notice a trend developing in the stock market this week ?

Say there is a household with a net worth of 3 million dollars, and said household is 10 million dollars in debt.

Say one of the heads of that household did some gambling and ended up losing 1 milliom dollars.

Instead of doing the painful ( but resposible ) thing of "paying the price", said household handed out promissary notes, assuring those he owes, that his extended family was good for the money.

Word of this gets out, and - say - you are one who has "invested" in this formerly reliable, but increasingly reckless, family.

Would YOU continue to have confidence in them as a good investment???

I seriously doubt it.

We, as a nation, are about 10 Trillion dollars in debt. To cover the gambling losses of Wall Street, our Politicians chose to increase that massive debt by 10%- and they can't figure out why investors have lost confidence.

That piece of green paper they so freely throw around is ONLY worth what investors think we are good for.

We are perilouslly overextended and, if the idiots in Washiington, DC don't start acting like responsible adults, we are going to end up with a world-wide DEPRESSION because THEY were unwilling to deal with a worldwide RECESSION.

And the solution put forth by both parties is to grant unconstitutional powers to the Secretary of the Treasury. Man, if Alexander Hamilton were still around he'd be wetting his pants.

There is one man in America who is laughing like crazy...and is happy about the destruction of US economy as called by the Islamic prophet Mohammad.
With him there are tens of millions of Islamic terrorists of Hamas and Hezbollah and others that believe that Barack Hussein Obama is the Masaya that will topple America from within.
His name is Barack Hussein Obama that since late 1980's was teaching the underground ACORN radical anti America left organization how to destroy America from within.
The plan was to blackmail the banks and force them one after the other to give bad loans to the poor of the streets of Chicago and Detroit that will never be planned to be paid back.
Then, the bad loans were transferred by the Community Organizer crook Barack Obama as worthless mortgage to Fannie Mae and Freddie Mac that were used by the corrupt and deceitful liberal Congressmen and Congresswoman to cover-up the massive theft of hundreds of billion dollars from the American people.
During the Clintons era, reckless and unlawful Bill Clinton made efforts to support the blacks and buy their votes with the corrupt and deceitful liberal politicians in US congress.
Bill Clinton decided to make the Community Act more flexible and to allow the underground anti-American radical left Acorn with Barack Obama as his lawyer to steal hundreds of billions of dollars from banks with threats.
The rate of bad loans rose dramatically tripled when Pelosi, Barack Obama and Reid took control of US Congress in 2006 as they let trillions of dollars stolen in daylight from the American people by Acorn organizations agents who learned the blackmailing tricks from Barack Hussein Obama.
The result is known today, as the US economy collapsed because of more than two trillion bad loans that made by Acorn and similar underground anti- American radical left organization that seek the demise of US as the successful capitalistic country of freedom for all. Thank you Barack Hussein Obama to be behind the most heinous crime against the American people aiming to destroy America from within as called by the Islamic Prophet Mohammad.

Ever heard of the Fabian Society? Established in 1884...subject of Orwell's 1984.

Strategy: Implement worldwide Socialism a little each generation.

Reality: They've been at it for over 120 years.

Tactics:

1) Penetrate & permeate the policy making and power wielding agencies of the world, to subvert them.

2) Penetrate & permeate the opposition to neutralize, then take them over.

3) "Make haste slowly" is one of their maxims, the meaning, of which, is to move steadyly forward in areas with little oposition, but to back off when too much opposition arises.(The Clinton's initial attempts to nationalize health care was a good example of this.
----------

Some, of many, examples of endeavors where Fabian Socialist, International Bankers and Monopoly Capitalists have colluded to bring about the confusing events we are now experincing are the creation of:

1) the Federal Reserve

2) the Progressive Income Tax

3) the Council on Foreign Relations (CFR)

4) the United Nations

5) the infiltration of the media and education system

Then we have the areas where Americans who were known Commnist agents of the Soviet Union were involved. The creation of :

A) the World Bank

B) the International Monetary Fund

C) and, again, the United Nations.

D) the media and education system.

Without #1 & 2 and A & B, the current mess could never have been financially possible.

Without #3 & 4 and C, the current mess would never have been legislatively possible.

Together, all of this has been instrumental in creating the failure of Capitalism, bringing us to the point where even the Republicans are involved in the implementation of International Socialism...and the masses have been so duped, by generations of conditioning thru Public Education and the various media outlets, that they are clamoring for Socialism...totally oblivious to the fact that they've been trained and conditioned for this day.

None of the above is "conspiracy theory". ALL of it can be verified by reasearch and study.

Inquiry wrote:

Wild question
How low can it go?

hey a Chubby Checker fan "Limbo Rock"

THE COMING RECESSION IS NOT AN ACCIDENT

It is a planned takeover of American's assets. For financial gain and more, to get us on our knees - in fear - begging for a New (World) Order designed by the Power Elite.

Who do you think is creating the New World Order (NWO)?

It is being created right before your eyes. By Specific Intention. However the world doesn’t realize that it is intentional. That’s the plan, and it is being executed on schedule.

Those who laugh at America’s apparent demise do not realize that the joke is on the entire world population, with one exception, the ‘Power Elite’. As you say,“Regardless of your opinion on the matter.”

You say,“America must reform itself”, but do not see that America is the initial instrument to reform the entire world system. This is why, whatever country you are in, as you said, you are “quite nervous.” It is not accidental that what happens in NYC, D.C., and Chicago (Commodities Exchange) affects everyone in the entire world.

“Evaluate the parties inside it to check whether or not they will damage the”_entire_world “or not.” They will damage the entire world population, with one exception, the ‘Power Elite’. That’s by specific intention. One fundamental reason is that, as scientists advise, the exploding population growth is a great risk that must be dealt with. Who is the dealer? Go figure. It won’t take two seconds to figure out whose dealing the cards and whether or not the deck has been pre-arranged.

Many people are “quite nervous”, for the specific reason that they have by specific intention, already been made, economic slaves. Our economic masters are the ‘Power Elite’. That’s why they can take $850,000,000,000+ USD of the slaves money at the raise of their hands, and a stroke of their pen, and give it to themselves.

Best find a higher master. Best do what the American dollar says to do,“In God We Trust”. Best pray that the true God reveals Himself to you and your family, as I also do. There are more powerful men thinking and executing their intentions despite our thoughts, may we also use our hearts as well as our heads. Keep your head up and your heart warm!

I am praising a New World Order, the NWO that is not created by selfish, evil men, but the NWO that is created by the generous Creator of man! This is written about directly at the end of the Master Designer’s book. Please take a moment to look at the last two chapters of the Bible and you will immediately see for yourself the NWO that is worthy of praise. You’ll be glad you did!

Arm yourself with the following information - when the appointed time comes for these events to happen, you will know what is going on:

www.wake-up.org

When the market rebounds, and it will. Is the new value considered income, will it be taxable.
I am curious.

we're crashing here.... but we're not down to 5000 yet.

Soon, the trust fund babies will be ACORN voters.

People were insane trusting all their money to these filthy stock brokers, mortgage brokers, insurance agents, financial advisers, they used to be called LEACHES !! the produce nothing but take a cut from everyone else.

I keep my money in things, my buildings, my products, tangible items I enjoy.

is chicago the new moscow?
the guilty have names.
raines
gorelic
freeh
waters
cuomo
johnson
franks
dodd
democrats at work
http://uk.youtube.com/watch ...

CAC wrote:

THE COMING RECESSION IS NOT AN ACCIDENT
It is a planned takeover of American's assets. For financial gain and more, to get us on our knees - in fear - begging for a New (World) Order designed by the Power Elite.
Who do you think is creating the New World Order (NWO)?
It is being created right before your eyes. By Specific Intention. However the world doesn’t realize that it is intentional. That’s the plan, and it is being executed on schedule.
Those who laugh at America’s apparent demise do not realize that the joke is on the entire world population, with one exception, the ‘Power Elite’. As you say,“Regardless of your opinion on the matter.”
You say,“America must reform itself”, but do not see that America is the initial instrument to reform the entire world system. This is why, whatever country you are in, as you said, you are “quite nervous.” It is not accidental that what happens in NYC, D.C., and Chicago (Commodities Exchange) affects everyone in the entire world.
“Evaluate the parties inside it to check whether or not they will damage the”_entire_world “or not.” They will damage the entire world population, with one exception, the ‘Power Elite’. That’s by specific intention. One fundamental reason is that, as scientists advise, the exploding population growth is a great risk that must be dealt with. Who is the dealer? Go figure. It won’t take two seconds to figure out whose dealing the cards and whether or not the deck has been pre-arranged.
Many people are “quite nervous”, for the specific reason that they have by specific intention, already been made, economic slaves. Our economic masters are the ‘Power Elite’. That’s why they can take $850,000,000,000+ USD of the slaves money at the raise of their hands, and a stroke of their pen, and give it to themselves.
Best find a higher master. Best do what the American dollar says to do,“In God We Trust”. Best pray that the true God reveals Himself to you and your family, as I also do. There are more powerful men thinking and executing their intentions despite our thoughts, may we also use our hearts as well as our heads. Keep your head up and your heart warm!
I am praising a New World Order, the NWO that is not created by selfish, evil men, but the NWO that is created by the generous Creator of man! This is written about directly at the end of the Master Designer’s book. Please take a moment to look at the last two chapters of the Bible and you will immediately see for yourself the NWO that is worthy of praise. You’ll be glad you did!
Arm yourself with the following information - when the appointed time comes for these events to happen, you will know what is going on:
www.wake-up.org

Fabulous post and a fabulous assessment.

michael wrote:

People were insane trusting all their money to these filthy stock brokers, mortgage brokers, insurance agents, financial advisers, they used to be called LEACHES !! the produce nothing but take a cut from everyone else.
I keep my money in things, my buildings, my products, tangible items I enjoy.

6 years ago I did a little fooling around with buying stocks and lost a few thousand. I finally understood that the stock market is nothing more than white collar gambling. I'm now laughing as I see this unfold.
All those people that stole my money back 6 years ago are probably losing hundreds of times more money than I will ever see. This is funny.

pop quiz wrote:

<quoted text>
6 years ago I did a little fooling around with buying stocks and lost a few thousand. I finally understood that the stock market is nothing more than white collar gambling. I'm now laughing as I see this unfold.
All those people that stole my money back 6 years ago are probably losing hundreds of times more money than I will ever see. This is funny.

Stock market is not white collar gambling. Its a wrong analogy. It is more like a three cup game you would see on a street. Unless you know the game, you will loose.

But, don't worry... Bush said that he is got things under control.