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

Summerwind · 10-06-08, 01:08 AM

Asian Markets Monday, 14:00,

Nikkei -510
Heng Sang -593

Quote:

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.

Quote:

HONG KONG, Oct 6 (Reuters) - Hong Kong shares dropped 3.4 percent on Monday, taking their cue from a weak start on the Shanghai bourse following a week-long holiday as the global fallout from the financial crisis spread.

Stock Market News & Stock Quotes

Metropolis · 10-06-08, 05:37 AM

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.

American · 10-06-08, 09:12 PM

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.

Iriemon · 10-06-08, 09:14 PM

Quote:

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?

American · 10-06-08, 09:20 PM

Quote:

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.

Doc Howl · 10-06-08, 09:48 PM

SFLRN · 10-08-08, 12:55 AM

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).

10-06-08, 05:37 AM	#2
Metropolis User Join Date: Sep 2008 Last Seen: 02-10-09 11:52 AM Posts: 72 Thanks: 19 Thanked 12 Times in 8 Posts Lean: Libertarian Gender:	Re: So much for the bailout making anyone feel rescued. . . 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.

10-06-08, 09:12 PM	#3
American Constitutionalist Join Date: Mar 2006 Last Seen: Today 05:27 AM Location: VA Posts: 14,786 Thanks: 2,994 Thanked 2,955 Times in 2,050 Posts Lean: Conservative Gender:	Re: So much for the bailout making anyone feel rescued. . . 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.
	__________________ "Laws are made for men of ordinary understanding and should, therefore, be construed by the ordinary rules of common sense. Their meaning is not to be sought for in metaphysical subtleties which may make anything mean everything or nothing at pleasure." -- Thomas Jefferson יהוה

10-06-08, 09:48 PM	#6
Doc Howl Horrible Bastard Join Date: May 2008 Last Seen: 12-23-08 11:38 PM Posts: 3,076 Thanks: 113 Thanked 581 Times in 388 Posts Gender:	Re: So much for the bailout making anyone feel rescued. . .
	__________________ Cet Asshat est mechant; on l'attaque, il se defende.

10-08-08, 12:55 AM	#7
SFLRN Educator Join Date: Jul 2006 Last Seen: 11-12-09 08:27 PM Posts: 1,002 Thanks: 69 Thanked 94 Times in 77 Posts Lean: Libertarian Gender:	Re: So much for the bailout making anyone feel rescued. . . 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).

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