__________________
John Adams “The moment the idea is admitted into society that property is not as sacred as the laws of God, and that there is not a force of law and public justice to protect it, anarchy and tyranny commence.”
Ronald Reagan: 'Everybody that is for abortion has already been born'
"I never said I was worth it. I only said I wouldn't do it for less " William F. Buckley Jr.
__________________
"We can have no '50-50' allegiance in this country. Either a man is an American and nothing else, or he is not an American at all."-- Theodore Roosevelt
A wise man's heart is at his right hand; but a fool's heart at his left. Ecclesiasties 10:2
The last four letters in American..........I Can
The last four letters in Republican........I Can
The last four letters in Democrats.........Rats
Actually I would venture to guess that any up or down in the market is the result of the free market, but you can put whatever political spin on it you wish.
__________________
“A man who has both feet planted firmly in the air can be safely called a liberal as opposed to the conservative, who has both feet firmly planted in his mouth”
Location: land of the Lilliputians, In the state of insanity
Posts: 24,186
Quote:
Originally Posted by Mindofmyown
Actually I would venture to guess that any up or down in the market is the result of the free market, but you can put whatever political spin on it you wish.
Interesting choice for a new name???
__________________
kaafir mushrik
Unintended consequences and God have one thing in common: Liberals don’t believe in either of them.
J.F.K. hated liberals.
Last edited by burniegoeasily; 05-25-2010 at 08:42 AM.
Actually I would venture to guess that any up or down in the market is the result of the free market, but you can put whatever political spin on it you wish.
before the markets opened there were downticks reported in Europe and the Far East. The selloff was predicted, again, before market open, and it's being attributed to the unstable European debt situation and the escalating situation with North Korea.
Yes, bush's fault for sure....I wonder what the selloff will look like when
the current bunch of Komrades convert our economy into a euro-style socialist puke bucket like Greece ? Nah....I don't wonder at all....
Again........like I said............and you can disagree if you like............when an economy hangs in the balance of a system where someone can start a chain email on whats going to sell and effect an economy there has to be a better way. Oh yeah what about that gent who added onE to many zeros? WHACKY I TELL YA
Again........like I said............and you can disagree if you like............when an economy hangs in the balance of a system where someone can start a chain email on whats going to sell and effect an economy there has to be a better way. Oh yeah what about that gent who added onE to many zeros? WHACKY I TELL YA
I will agree that any number of things can affect the market...the famous 'fat finger' situation was found to NOT be the cause of that 1000 point nosedive by the way...it was automated computer-driven trading via application. That's going to be regulated in future, I believe. I've been in financial services for better than 30 years and I have yet to see a chain email start a selloff...speculation, world events and economic conditions do that. Like I said, North Korea and the devaluation of the Euro are behind the current selloff. Fuel that with a strengthening U.S. dollar, and exports for the USA drop off with overseas buyers... It's complicated, it's unpredictable and it can be wild, but it's not voodoo or anything.
Surely anything regulated is destined to fail. The stock market will do just fine on it's own, it's the free market government will just get in the way After all, it's been fine until now....oh wait.......
__________________
“A man who has both feet planted firmly in the air can be safely called a liberal as opposed to the conservative, who has both feet firmly planted in his mouth”
before the markets opened there were downticks reported in Europe and the Far East. The selloff was predicted, again, before market open, and it's being attributed to the unstable European debt situation and the escalating situation with North Korea.
+1. they're already begining to talk about the next ten years being europe's "lost decade".
Holy crap.
