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85 yr old Bear Stearns gets sold for 2$ a share & there's still more than 1 top post about Wright!?!

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uponit7771 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-17-08 10:34 AM
Original message
85 yr old Bear Stearns gets sold for 2$ a share & there's still more than 1 top post about Wright!?!
WTF!!! Are we supposed to REALLY believe Obama hates his white mother because of 22 seconds of what his pastor says!?!??!?!

In the mean time the feds do the same thing Germany did in during the great depression!! They put up 200BILLION (with a b) of US T bills as collateral for money loans to banks!!! Germany had to do that with their land to monetize their currency and stop run away inflation during the great depression and we care about what Wright says!? http://www.cnbc.com/id/23573249 !!!!!!!!!!!!!!!!!!!!!!

AND NOW NOW!!! The US Treasury is talking about how to "prevent" a run of 401k!!! No, not just you taking it out just MOVING it to bonds!!!!

ALARM TIME PEOPLE!!

Wright & Ferraro are red herrings, lets put this behind us a soon as possible and not let weather vane McCain and his "no regulation, free market" conservative ideology that GOT US INTO THIS as president(regulation 46R from Enron legislations) while US fiscal solvency becomes more of an issue.

Thank you for reading this
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MethuenProgressive Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-17-08 10:36 AM
Response to Original message
1. flame bait
"Are we supposed to REALLY believe Obama hates his white mother"
Strawman.
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enid602 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-17-08 10:39 AM
Response to Reply #1
4. agreed
Agreed. Calling us 'white mothers' is not constructive.
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yardwork Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-17-08 10:42 AM
Response to Reply #4
10. LOL! I'm a "white mother."
Still chuckling. Good one.
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wndycty Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-17-08 10:37 AM
Response to Original message
2. I agree, but the Bear Stearns posts would be in the General Discussion
Not General Discussion: Primaries
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OPERATIONMINDCRIME Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-17-08 10:38 AM
Response to Original message
3. This Is GDP. Go To GD If You Want That. They Really Do Make It Easy For Ya.
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Deep13 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-17-08 10:41 AM
Response to Reply #3
9. The main point is to ask posters to stop bicking in the O vs. HC argument.
Consequently, it is about the primaries.
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uponit7771 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-17-08 10:43 AM
Response to Reply #9
11. Right, I can understand some under exposed people being surprised at Wrights statements but the
...Bear Stearns thing is an essential run on the bank and Stearns wasn't even the major contributors to buying the falsely written paper!!
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OPERATIONMINDCRIME Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-17-08 10:44 AM
Response to Reply #9
12. This Is GDP. The Whole Point Of Its Existence Is To Debate Against Each Candidate.
But I love when newcomers come in and try and scold us for not adhering to their own wishes.
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Deep13 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-17-08 10:47 AM
Response to Reply #12
14. Bickering is not the same as debating. nt
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ElsewheresDaughter Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-17-08 10:58 AM
Response to Reply #3
17. exactly
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psychopomp Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-17-08 10:39 AM
Response to Original message
5. You raise two pertinant points
One, being that we should be focused on more important issues, especially the fact that the country is teetering on the brink of a major crisis.

I also agree that it is ludicrous to believe that Sen. Obama hates the white half of his family. That is just absurd.
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uponit7771 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-17-08 10:40 AM
Response to Original message
6. People are still concentrating on Wright not the candidates that can get us out of this issue
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Deep13 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-17-08 10:40 AM
Response to Original message
7. Absolutely agree.
Oil is trading at $110/barrel, gasoline is expected to approach $4/gal. this summer and the Euro is worth > $1.50.

This is fucking bad.
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uponit7771 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-17-08 10:41 AM
Response to Reply #7
8. When I heard they're going to stop a run on 401k's that's when I perked up, I'm moving my...
...shit to bonds today
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earthside Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-17-08 10:45 AM
Response to Original message
13. How True.
Like the crash of the economy doesn't beg the questions of what Obama, Clinton(s) and McCain would do if they become President?

This will shortly become THE "primary" issue for all Americans.

On the other hand, this is yet another turning point for Democrats ... if they express more interest in what Rev. Wright said than in a looming economic depression, then there will be big doubts about the Party's, the candidate's and their supporter's priorities.

Finally, I don't think it's flame bait -- that is a good point -- it is obvious Barack wouldn't agree with Wright's hyperbole because of his own personal circumstances.
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uponit7771 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-17-08 10:51 AM
Response to Reply #13
15. We were talking about the very point this weekend that if we cant concentrate on the economy & more
...important things then we get what we deserve.

20 years of conservative deregulation has done us in!!!
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ElsewheresDaughter Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-17-08 10:55 AM
Response to Original message
16. what's coming will make the "Great Depression" look like "A walk in the park".................
Edited on Mon Mar-17-08 10:57 AM by ElsewheresDaughter


our next president is going to have to be an FDR on steroids!



.
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uponit7771 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-17-08 11:01 AM
Response to Reply #16
18. RIGHT!!
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ElsewheresDaughter Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-17-08 11:26 AM
Response to Reply #18
19. Our next president better be an FDR on steroids...otherswise prepare for massive Hoovervilles
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