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BUSH TALKS, MARKET SINKS.

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capi888 Donating Member (819 posts) Send PM | Profile | Ignore Wed Mar-14-07 11:39 AM
Original message
BUSH TALKS, MARKET SINKS.
DOW GOING DOWN AS HE SPEAKS...What an idiot!
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bmbmd Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-14-07 11:40 AM
Response to Original message
1. Formerly known as the
"Piehole Phenomenon".
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radfringe Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-14-07 11:40 AM
Response to Original message
2. piehole effect
bush opens his pie hole and the market falls in
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no_hypocrisy Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-14-07 11:42 AM
Response to Original message
3. Pure Pavlov.
Expect to see more of the same for a while.
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tk2kewl Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-14-07 11:43 AM
Response to Original message
4. Dow below 12,000
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benld74 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-14-07 11:47 AM
Response to Original message
5. He's nothing more than a Black Hole, taking everything down with him
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capi888 Donating Member (819 posts) Send PM | Profile | Ignore Wed Mar-14-07 11:59 AM
Response to Original message
6. We are in BIG trouble...
This is just the tip of the iceburg. I just filed Bankruptcy, as my business is directed at middle to lower income families. Plus live in Michigan!! The process hasn't been bad for me, but the steps you go through, are a joke...aka, taking the tests, etc...almost done.
If you are close to the step, DO IT NOW, before the CIC tries to stop it. The people at www.Greenpathbk.com help alot. They told me THEY ARE FLOODED WITH APPLICATIONS!!!!!
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CrazyOrangeCat Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-14-07 12:05 PM
Response to Reply #6
7. Yes, we are definitely in big, big trouble.
Wishing you all the best.
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capi888 Donating Member (819 posts) Send PM | Profile | Ignore Wed Mar-14-07 12:29 PM
Response to Reply #7
9. Thank you Orange Cat
I am going to use my situation as a positive for others. I am not alone, and on top of it, "MY IDENTITY WAS STOLEN. My checking acct wiped out, (business) my bank cards attacked...plus the slowdown in the economy...no chance to recover. Thank goodness, I live frugally, as I collect SS from my deceased husband. I never put that $$ into my business. I have been speaking out, so others know, they are not alone, and should not feel the disgrace. I had 4 children, I raised without any child support, worked hard to raise them, and now was working for me...but with the selection on Bush, in 2000, I knew we were in for a rough ride, still hoping for change in 2004, but when it was stolen AGAIN, I knew we were heading for disaster! Now I am at retirement age, and still pretty spunky, so I will use my life as a learning tool, for those who are going to suffer from this administrations policies. Stay tuned!!! I have just begun!
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CrazyOrangeCat Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-14-07 12:38 PM
Response to Reply #9
12. You're amazing, lady!
:patriot:
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capi888 Donating Member (819 posts) Send PM | Profile | Ignore Wed Mar-14-07 03:40 PM
Response to Reply #12
18. Thank You Orange
I believe we are given these challenges for learning and sharing experiences. I guess, making lemonade out of lemons, and sharing with others who may have the same experiences in there life. I guess its Pay it Forward. I did nothing to cause this, just running my little business, serving my customers, and trying to retire comfortably. Money alone was never the goal, wanted to serve my community with service and product.
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Virginia Dare Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-14-07 02:01 PM
Response to Reply #9
17. That's a terrible thing that's happened to you..
unfortunately the deck is stacked against honest hard working middle american people right now.
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capi888 Donating Member (819 posts) Send PM | Profile | Ignore Wed Mar-14-07 03:46 PM
Response to Reply #17
19. You are so right!
Its all about greed, not caring about others, only the bottom line. I never had the money first idealog. I love people and wanted to serve. So sad isn't it??? These big companies only care about the bottom line....and THEY WILL get their comuptence along the way. The mortgage lenders, that falsify the info, the big corporations are going down. Esp. the credit card Companies and lenders, when the bankruptcy courts are filled. That is happening NOW, from what I hear. Tons of people fileing according to Green Path. Unbelievable!! Market is up today, but betcha by Friday will be sinking way down...
Thank You Virginia...I appreciate!
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demnan Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-14-07 12:08 PM
Response to Reply #6
8. Sorry
yes our economy is in the toilet. I guess I'm lucky to have a fairly secure job.
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capi888 Donating Member (819 posts) Send PM | Profile | Ignore Wed Mar-14-07 12:33 PM
Response to Reply #8
10. You are lucky demnan.
I fear nothing is secure, but, I wish you well. We American people are strong, we will find a way in the darkest of hours. We have the internet to talk to each other (just so martial law doesn't take it away, if that happens) I am not going to give up, as I have been here before! My goal is to inform people, so they don't feel like they have failed. The only one who has failed is this Administration. They are robbers of the people....Thank You
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wicket Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-14-07 12:36 PM
Response to Reply #6
11. Thoughts of you
:hug:
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capi888 Donating Member (819 posts) Send PM | Profile | Ignore Wed Mar-14-07 12:41 PM
Response to Reply #11
13. Thank You wicket.
This is time for people to realize how dangerously we are heading for disaster. The fact that my identity was stolen, back in Sept. and Oct..wiping out my finances, really put me under. I have reported to the FBI, lawyers, etc. to anyone I could bring notice my situation, only to learn MANY,MANY, have had their identity stolen. Charge Cards (used internationally, Bank accts...etc...all gone. So BEWARE, we must be cautious with our information...Thanks again...
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bdamomma Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-14-07 01:38 PM
Response to Original message
14. BBC Front Page News
http://news.bbc.co.uk/2/hi/business/6451031.stm


Stocks plunge in global sell-off
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-14-07 01:52 PM
Response to Reply #14
15. Ah nice!
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Virginia Dare Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-14-07 02:00 PM
Response to Reply #14
16. Meanwhile Wall Street is in delusional bliss...
Lee Cheng Hooi of EON Capital said that the worry for investors was that the problems in the US mortgage market could cause the world's biggest economy to slow down.

"This will cause a domino effect on the world economy," he explained. "There could be more bloodbath to come."



Todd Leone, managing director of equity trading at Cowen & Co in the US said he believed the slump was simply a "healthy correction".

"The question is when do we stop?" he said.



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capi888 Donating Member (819 posts) Send PM | Profile | Ignore Wed Mar-14-07 03:49 PM
Response to Reply #16
20. Todd is hoping !!! Virginia
They don't want to scare the people with the TRUTH!! They know it is going South fast....:(
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