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Critters2 (1000+ posts) Send PM | Profile | Ignore | Tue Oct-07-08 04:18 PM Original message |
Holy crap!! I just looked at cnnmoney, and saw where the Dow closed! |
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CountAllVotes (1000+ posts) Send PM | Profile | Ignore | Tue Oct-07-08 04:19 PM Response to Original message |
1. you should have been worred before the bailout |
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whistle (1000+ posts) Send PM | Profile | Ignore | Tue Oct-07-08 04:20 PM Response to Reply #1 |
2. The bailout can be frozen, congress needs to put it's own people in the U.S. Treasury |
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CountAllVotes (1000+ posts) Send PM | Profile | Ignore | Tue Oct-07-08 04:29 PM Response to Reply #2 |
9. that is what should be done |
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KoKo (1000+ posts) Send PM | Profile | Ignore | Tue Oct-07-08 07:21 PM Response to Reply #9 |
37. Yeah...but Congress doesn't come back until after Election/Nov...then they break again |
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magellan (1000+ posts) Send PM | Profile | Ignore | Tue Oct-07-08 04:35 PM Response to Reply #2 |
13. Obama should have a team ready to go into the Treasury when he's elected! n/t |
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whistle (1000+ posts) Send PM | Profile | Ignore | Tue Oct-07-08 05:03 PM Response to Reply #13 |
22. Correct, not next January |
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Critters2 (1000+ posts) Send PM | Profile | Ignore | Tue Oct-07-08 04:22 PM Response to Reply #1 |
6. Yeah, I was told to worry before the Iraq war, too. |
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The_Casual_Observer (1000+ posts) Send PM | Profile | Ignore | Tue Oct-07-08 04:21 PM Response to Original message |
3. My guess is that it will go down to below 5000. |
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Mira (1000+ posts) Send PM | Profile | Ignore | Tue Oct-07-08 04:33 PM Response to Reply #3 |
12. I called my "assistant" at ED Jones in July and |
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daninthemoon (1000+ posts) Send PM | Profile | Ignore | Tue Oct-07-08 04:21 PM Response to Original message |
4. Did you really think the money would go toward fixing this? We just |
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stray cat (1000+ posts) Send PM | Profile | Ignore | Tue Oct-07-08 04:21 PM Response to Original message |
5. The bail out was to prevent catastrophy if possible - no one claimed it was a quick fix |
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Critters2 (1000+ posts) Send PM | Profile | Ignore | Tue Oct-07-08 04:31 PM Response to Reply #5 |
10. The way it was being presented to laypeople like myself |
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magellan (1000+ posts) Send PM | Profile | Ignore | Tue Oct-07-08 04:37 PM Response to Reply #10 |
15. Amen. It definitely was not sold as "this will take time" |
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lapfog_1 (1000+ posts) Send PM | Profile | Ignore | Tue Oct-07-08 04:52 PM Response to Reply #15 |
18. The two statements are not inconsistent. |
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magellan (1000+ posts) Send PM | Profile | Ignore | Tue Oct-07-08 04:58 PM Response to Reply #18 |
19. The point is that isn't how it was billed. n/t |
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nadinbrzezinski (1000+ posts) Send PM | Profile | Ignore | Tue Oct-07-08 05:11 PM Response to Reply #10 |
23. I told that to every congress criter aide I talked to |
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anigbrowl (1000+ posts) Send PM | Profile | Ignore | Tue Oct-07-08 06:50 PM Response to Reply #23 |
32. Unfortunately you're right. Most people want simple answers. |
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anigbrowl (1000+ posts) Send PM | Profile | Ignore | Tue Oct-07-08 06:48 PM Response to Reply #10 |
31. It wasn't sold well, but unfortunately people stop listening 30 secs into an economics lecture |
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maxsolomon (1000+ posts) Send PM | Profile | Ignore | Tue Oct-07-08 04:24 PM Response to Original message |
7. time for Europe to step up to the plate & take a swing |
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anigbrowl (1000+ posts) Send PM | Profile | Ignore | Tue Oct-07-08 04:28 PM Response to Reply #7 |
8. Methinks someone hasn't been keeping up |
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maxsolomon (1000+ posts) Send PM | Profile | Ignore | Tue Oct-07-08 05:47 PM Response to Reply #8 |
25. they need to pass a pointless trillion dollar bail out, too |
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MissMarple (1000+ posts) Send PM | Profile | Ignore | Tue Oct-07-08 04:31 PM Response to Original message |
11. Someone is going to start buying. They won't be able to ignore a fire sale. |
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Critters2 (1000+ posts) Send PM | Profile | Ignore | Tue Oct-07-08 04:35 PM Response to Reply #11 |
14. That's what I thought a week ago. nt |
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garlicmilkshake (219 posts) Send PM | Profile | Ignore | Tue Oct-07-08 05:02 PM Response to Reply #11 |
21. Yeah but most people want to wait until the fire is out before going to the sale... |
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MissMarple (1000+ posts) Send PM | Profile | Ignore | Tue Oct-07-08 07:09 PM Response to Reply #21 |
34. But not until the ashes are stone cold and sifted through. |
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lapfog_1 (1000+ posts) Send PM | Profile | Ignore | Tue Oct-07-08 04:43 PM Response to Original message |
16. The bailout was never intended to calm things on Wall Street. |
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Critters2 (1000+ posts) Send PM | Profile | Ignore | Tue Oct-07-08 04:45 PM Response to Reply #16 |
17. Then why have the media been using the Dow as a barometer? |
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lapfog_1 (1000+ posts) Send PM | Profile | Ignore | Tue Oct-07-08 04:58 PM Response to Reply #17 |
20. The media isn't all that clever. |
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renate (1000+ posts) Send PM | Profile | Ignore | Tue Oct-07-08 05:43 PM Response to Reply #20 |
24. the media need to do a better job of explaining that "Dow Jones" does not equal "The Economy" |
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Geek_Girl (1000+ posts) Send PM | Profile | Ignore | Tue Oct-07-08 05:53 PM Response to Reply #24 |
27. On NPR they were reporting on the TED Spread |
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anigbrowl (1000+ posts) Send PM | Profile | Ignore | Tue Oct-07-08 06:42 PM Response to Reply #17 |
29. Because they're lazy and it's simple |
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Alcibiades (1000+ posts) Send PM | Profile | Ignore | Tue Oct-07-08 07:15 PM Response to Reply #17 |
36. They always do |
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readmoreoften (1000+ posts) Send PM | Profile | Ignore | Tue Oct-07-08 05:52 PM Response to Reply #16 |
26. If the bailout was supposed to ease the crunch, then why is the Fed going to start lending directly? |
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anigbrowl (1000+ posts) Send PM | Profile | Ignore | Tue Oct-07-08 06:45 PM Response to Reply #26 |
30. Well, they were hoping for a psychological boost |
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a la izquierda (1000+ posts) Send PM | Profile | Ignore | Tue Oct-07-08 05:58 PM Response to Original message |
28. I spoke to my uncle before the bailout bs passed. |
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Hannah Bell (1000+ posts) Send PM | Profile | Ignore | Tue Oct-07-08 07:02 PM Response to Original message |
33. They don't explain well because they're "lazy," "stupid," "simple.." Ha! |
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endthewar (1000+ posts) Send PM | Profile | Ignore | Tue Oct-07-08 07:12 PM Response to Original message |
35. It's going to get much worse. Banks don't want to lend to each other. |
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sarcasmo (1000+ posts) Send PM | Profile | Ignore | Tue Oct-07-08 07:41 PM Response to Original message |
38. Where are the thank God DUers who were clapping that this free money passed? |
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lelgt60 (417 posts) Send PM | Profile | Ignore | Tue Oct-07-08 07:44 PM Response to Original message |
39. A little perspective might help calm your fears... |
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