Thread: So much for the bailout making anyone feel rescued. . .

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TOKYO, Oct 6 (Reuters) - Japan's Nikkei stock average plunged 5 percent to a 4-1/2-year low on Monday, as investors dumped shares across the board on growing fear the global financial crisis is hitting the wider economy.

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Bailing out the banks is not going to help.

We need consumers. And, just because they CAN credit, by no means, does it mean they WILL. Which is just one factor in why the economy is going to continue to sink.

That's okay, Obama will become president and all of summerwind's dreams will come true. Hope you're happy living in a socialist state.

Originally Posted by American

That's okay, Obama will become president and all of summerwind's dreams will come true. Hope you're happy living in a socialist state.

Overall, it's been pretty good over the past 75 years, hasn't it?

Originally Posted by Iriemon

Overall, it's been pretty good over the past 75 years, hasn't it?

Yeah sure, well you haven't seen anyone yet. Wait till the "Fairness Doctrine" gets reinstated. Then you'll know what a shill for the communists that Obama really is.

It'll probably take more than a few days for the bailout to have any kind of positive effect (other than the obvious sentiment effects involved).