Sell. Sell. Sell.

[thesightless]

Re: Sell. Sell. Sell.

why am i having so much trouble typing "THE" lately???teh teh teh

[asdf_admin]

Re: Sell. Sell. Sell.

Answer the question ... Kind sir.

[thesightless]

Re: Sell. Sell. Sell.

we are not giving it. it is an earmarked cap on a line of credit to wall street. the people in charge, with the exception of lehmans CEO, did fairly well with it. as the facts dictate, the so called bad debt accounts for less than 1%.

the main thing that happened over the last few months, is that a variety of factors lead to the investing public taking the money out of wall street circulation. what i mean by this is that every bank that operates at a scale like we are seeing, relies on the income generated through the sale of stock, just like any company. to be honest, the media and the downgrading of certain bonds lead the run on the money. remember the savings and loan failures? same thing, but this time, the public wasnt running from the banks at the retail level. they ran from banks by taking back and de-valuing stock. this can happen to anyone. notably the american auto industry over the last decade. think of it like this. what happens if bill gates wakes up tomorrow and the value of MS goes to shit. his company suddenly has no operating cash.

what wall street needs, and what congress is trying to do (when they arent bullshitting and pointing fingers at each other), is to give an extension of credit, guaranteed by the govt and fed reserve, in order to put the cash back into the economy. the bill is failing for stupid reasons to be blunt. read its core http://www.nytimes.com/2008/09/21/bu...1draftcnd.html

but as usual, the congressional asshats are tacking on ammendments for whatever causes. (toasty help me here). and are arguing a few minor details within the core.

i think i have covered most of the aspects of what happened, what is happening, wat results will come if it passes and if it does not, and the bill, the potential recoveries, and the actions that will occur if it passes in the other thread. im stressed out, probably gonna have to sleep here, and fucking hungry at this point. ill try to get my footing again, but obviously its been literally the worst day for the financial sector since 1982 and 1929..... and i need to escape.

read into the other thread, its all there. miroslav posted some brilliant wording as well.

quite literally, people were walknming around crying after the bill died... tomorrow congress is not going to be in session, so the market sell off will occur agian 100%, unless every media outlet, from papers, to radio to TV to mother fuckin skywriters get the real facts out there. ill say it again

THE U.S. GOVERNMENT IS NOT GIVING AWAY MONEY AT THE TAX PAYERS EXPENSE. IT IS A LOAN, IT COULD ONLY END UP COSTING 50 MILLION IF THINGS WORK OUT WELL AND SOME STOCKS RECOVER. read the links we posted, read the ideas, and then ask questions. directed at everyone who is missing some key ideas here.... right now. may just be second most important issue the US and world at large will ever tackle. no, doomsday isnt around the corner, they are not solving a disaster, but they sure as fuck are doing nothing to prevent it. given another week of 5% losses on the markets (btw, today's only took 30 minutes) we literally will lose up to one half of the worlds wealth becasue the investing public did exactly what they did in 1929, and congress refused to act or freeze trading.

[88Mariner]

Re: Sell. Sell. Sell.

Answer the question ... Kind sir.

our financial sector is the backbone of the united states of economy. our fates, if i may put it ever so poetically, are woven together. we're also not givin them the money directly, it's a conditional offer, and only where necessary. they might not even use a single dollar of that money.

[thesightless]

Re: Sell. Sell. Sell.

this right now is proof of the failure of the world's schooling systems outside of private education. people cannot be this stupid to not understand how the worlds economy works..... no one here, just humanity at large. we dont live in communal farming societies. we no longer base the currencies on any mineral. read into FIAT currencies. learn how market economics and capital investment works. read up on what the NEW deal was.

in order to grow, we need to spend.

[asdf_admin]

Re: Sell. Sell. Sell.

Sightless ... said as a true investor ... " IF THINGS WORK OUT WELL "

88Mariner ... well that is part of my point. it's not working why put or allow more money? The greedy bastards gave loans to people that should never be allowed loans. That's why we are in this mess.

Explain to me ... why as a citizen of the USA would I allow those scumbags access to more money to make more poor choices?

I don't like it. I don't trust it. Let them burn. Final Answer.

[thesightless]

Re: Sell. Sell. Sell.

the bad debt is less than one percent.

show me one single stock, deriviative, commodity, equity investment that has a 99% guarantee......................................... ...........

seriously, you're missing so much D, just go read up. just a lot of facts should be included b4 the opinion formed. the media is killing us.

[asdf_admin]

Re: Sell. Sell. Sell.

Gold.

[88Mariner]

Re: Sell. Sell. Sell.

Sightless ... said as a true investor ... " IF THINGS WORK OUT WELL "

88Mariner ... well that is part of my point. it's not working why put or allow more money? The greedy bastards gave loans to people that should never be allowed loans. That's why we are in this mess.

Explain to me ... why as a citizen of the USA would I allow those scumbags access to more money to make more poor choices?

I don't like it. I don't trust it. Let them burn. Final Answer.

because the mindset of 'who cares?' months ago has been sharply changed to "what the fuck do we need to do to keep ourselves afloat and free of impending takeovers or complete failure?"

I personally doubt that those financial institutions are continuing to do act irresponsibility. Do you think they continue to act that way after the last three weeks?

[88Mariner]

Re: Sell. Sell. Sell.

Gold.

Commodities. I heard Campbell Soup was up today. MM MMM good

[DancingQueen]

Re: Sell. Sell. Sell.

I will be honest, I don't really know all that much about the stock market and how the values rise and fall so drastically...

For those of you that understand the stock market....what are the odds that this will be like the 1929 crash? And if it is like the crash of 1929, will the results be as drastic?

[thesightless]

Re: Sell. Sell. Sell.

I will be honest, I don't really know all that much about the stock market and how the values rise and fall so drastically...

For those of you that understand the stock market....what are the odds that this will be like the 1929 crash? And if it is like the crash of 1929, will the results be as drastic?

odds are conditional.

extremely high odds of complete failure if congress cant stop the pissing contest, and doesnt pass this. if no action is taken.. well think of it like this.. in the half hour anteceding the bill failure, the worlds economy lost 5% of its value. in 30 minutes. think about that. 30 minutes and roughly 1/20..and thats only because the US markets shut at 4 pm. like i said b4, stay up late, go to any major site like boomberg, marketwatch or any news agency, and watch where the asian indexes go.

extremely low, if the US congress passes the bill or a foreign governemnt does what the US should do (china leading candidate as they have more to lose than anyone money wise)

[thesightless]

Re: Sell. Sell. Sell.

folks. read the other thread starting at page 6

its all in there.

[asdf_admin]

Re: Sell. Sell. Sell.

88 ... " Do you think they continue to act that way after the last three weeks? ... "

Greed works wonders my friend.

[asdf_admin]

Re: Sell. Sell. Sell.

Gawd I love you Sean.