Pull out of the stock market

2010-01-25 22:16:19

#76

xBlackPantherx: Grow up, or die; +142|6629|California

OP: You do realize that mass pullout of stocks/cash was a big cause for the great depression right?

EDIT: Which is what we could easily slip back into if that's what people started doing. It's the domino effect.

Last edited by xBlackPantherx (2010-01-25 22:49:06)

2010-01-28 16:18:18

#77

Ilocano: buuuurrrrrrppppp.......; +341|6953

So, what now?

- Senate confirms Bernanke for second term
- 70-30 tally was the closest in history of nominee for Fed chairman

iPad lackluster reception sent stocks down?

2010-01-28 16:27:17

#78

Jay: Bork! Bork! Bork!; +2,006|5644|London, England

Buy (not apple)

"Ah, you miserable creatures! You who think that you are so great! You who judge humanity to be so small! You who wish to reform everything! Why don't you reform yourselves? That task would be sufficient enough."
-Frederick Bastiat

2010-01-28 19:39:34

#79

Phrozenbot: Member; +632|6902|do not disturb

I guess the market celebrated today by selling!

https://cdn.images.bloomberg.com/r06/homepage/HP_INDU.png?526087

Actually John, I know you think the big hoopla in the senate about conforming Bernanke another term was more about populism which I agree to a certain extent, but what do you think about Timothy Geithner? Do you think he should still be Secretary of Treasury?

2010-01-28 20:20:18

#80

ATG: Banned; +5,233|6815|Global Command

There is a feeling of doom amoung most people I know who small businesses.

We are all wanting to be survivors: the last man standing.

Some of us wear expressions on our face like somebody going over class five rapids. You are going. There is no getting off the raft and you just have to ride it out.

Sometimes you lose your raft and are swept away. Some of us have leaks and eye the next curve with trepidation, not knowing if there is an island we might cling to and plant new crops, or a waterfall. One in ten raft pilots have no cargo, they just drift.

Like a river we have never forded we know naught what is on the far shore but the clouds boil and are heavy with storm.

2010-01-29 05:23:00

#81

Jay: Bork! Bork! Bork!; +2,006|5644|London, England

Phrozenbot wrote:
I guess the market celebrated today by selling!

http://cdn.images.bloomberg.com/r06/hom … png?526087

Actually John, I know you think the big hoopla in the senate about conforming Bernanke another term was more about populism which I agree to a certain extent, but what do you think about Timothy Geithner? Do you think he should still be Secretary of Treasury?

Geithner is a crook.

"Ah, you miserable creatures! You who think that you are so great! You who judge humanity to be so small! You who wish to reform everything! Why don't you reform yourselves? That task would be sufficient enough."
-Frederick Bastiat

2010-01-29 16:02:35

#82

ATG: Banned; +5,233|6815|Global Command

You got your wish, Bernanke got reselected.

How's that stock market faring anyways?

2010-01-29 16:07:08

#83

Jay: Bork! Bork! Bork!; +2,006|5644|London, England

ATG wrote:
You got your wish, Bernanke got reselected.

How's that stock market faring anyways?

Down 3% this month. Not looking good for the rest of the year.

"Ah, you miserable creatures! You who think that you are so great! You who judge humanity to be so small! You who wish to reform everything! Why don't you reform yourselves? That task would be sufficient enough."
-Frederick Bastiat

2010-01-29 17:00:48

#84

ATG: Banned; +5,233|6815|Global Command

It was a rhetorical question.

2010-01-29 21:28:31

#85

ROGUEDD: BF2s. A Liberal Gang of Faggots.; +452|5675|Fuck this.

Invest in gold/sliver

Make X-meds a full member, for the sake of 15 year old anal gangbang porn watchers everywhere!

2010-01-30 06:00:29

#86

Phrozenbot: Member; +632|6902|do not disturb

JohnG@lt wrote:
ATG wrote:
You got your wish, Bernanke got reselected.

How's that stock market faring anyways?
Down 3% this month. Not looking good for the rest of the year.

If the market was going to crash because Ben didn't get reconfirmed, shouldn't it have rallied? Too soon to tell though. We'll see how February fairs though; probably negative as well.

2010-01-31 09:21:38

#87

Harmor: Error_Name_Not_Found; +605|6835|San Diego, CA, USA

Watchdog: Bank Bailouts Created More Risk in System

(via. http://www.michaelsavage.wnd.com/)

https://img64.imageshack.us/img64/2285/013110barofskymonster39.jpg

The problems that led to the last financial crisis have not yet been addressed, and in some cases have grown worse, says Neil Barofsky, the special inspector general for the trouble asset relief program, or TARP. The quarterly report to Congress was released Sunday.

The government's bailout of financial institutions deemed "too big to fail" has created a risk that the United States could face a worse fiscal meltdown in the future, an independent watchdog assigned to review the program told Congress on Sunday.

The Troubled Assets Relief Program, known as TARP, has not addressed the problems that led to the last crisis and in some case those problems have festered and are a bigger threat than before, warned Neil Barofsky, the special inspector general at the Treasury Department.

"Even if TARP saved our financial system from driving off a cliff back in 2008, absent meaningful reform, we are still driving on the same winding mountain road, but this time in a faster car," Barofsky wrote.

2010-01-31 09:24:23

#88

Jay: Bork! Bork! Bork!; +2,006|5644|London, England

Yeah, well the 'toxic assets' haven't gone away... we're talking thirty year mortgages here.

"Ah, you miserable creatures! You who think that you are so great! You who judge humanity to be so small! You who wish to reform everything! Why don't you reform yourselves? That task would be sufficient enough."
-Frederick Bastiat

BF2S Forums Pull out of the stock market

Phrozenbot wrote:

ATG wrote:

JohnG@lt wrote:

ATG wrote:

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