worst dow-jones drop in inauguration day history

[Pepper]

Re: worst dow-jones drop in inauguration day history

This is only the second <span style="font-weight: bold">depression</span> in the country's history. Things spiraled out of control 5 months before the man took office.

Critics and skeptics would need to look at the last time we were in a depression and check timeline against when the innauguration happened (if one happened) during those depressed times.

I saw this on fox news this morning....the reporter was only too happy to smirk when she said that.

[RichD]

Re: worst dow-jones drop in inauguration day history

dem labeling it a depression now?

[Pepper]

Re: worst dow-jones drop in inauguration day history

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: RichD</div><div class="ubbcode-body">dem labeling it a depression now? </div></div>

The censoring gangsters are gone, press is free to speak now.
I heard the word depression a good number of times since yesterday.

[evanovitch]

Re: worst dow-jones drop in inauguration day history

oh yes...it is gwine to be depression era banking collapse...fi real...dem still naw tell di troot bout di banks...fi real....i am surprised dat odda countries not suing di US given dat dem was led dung di rose-coloured path wid di assurances re dem repackaged loans....China still a bringle bout alll weh dem was encouraged to tek awn

[Dr.Dudd]

Re: worst dow-jones drop in inauguration day history

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: RichD</div><div class="ubbcode-body">point im trying to make is they have no edge...its a guessing game. </div></div>The point I am tryiung t make us that they don't know that they are acting oin educated huessing.
the reason is that there amny wo jold Phd in economics and makinh a living guessing at it,but are as dumb as a bat as far as the science of economics are concerned.
Otherwise they would have not sold so much crap onformation that cause this destruction..

[RichD]

Re: worst dow-jones drop in inauguration day history

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: evanovitch</div><div class="ubbcode-body">oh yes...it is gwine to be depression era banking collapse...fi real...dem still naw tell di troot bout di banks...fi real....i am surprised dat odda countries not suing di US given dat dem was led dung di rose-coloured path wid di assurances re dem repackaged loans....China still a bringle bout alll weh dem was encouraged to tek awn </div></div> they foolin around ..they need to wrap up some of these banks Finsac style

[Dr.Dudd]

Re: worst dow-jones drop in inauguration day history

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: evanovitch</div><div class="ubbcode-body">oh yes...it is gwine to be depression era banking collapse...fi real...dem still naw tell di troot bout di banks...fi real....i am surprised dat odda countries not suing di US given dat dem was led dung di rose-coloured path wid di assurances re dem repackaged loans....China still a bringle bout alll weh dem was encouraged to tek awn </div></div> <span style="font-size: 11pt">

It is a depression and nothing thry havre done or planned is foing to result on a turn around. What thry will do so far is to slow the slide and help the people to adjust to the new lows.
They have been using politics instead of economic principles to run the economy. And it is all the way to the banking sector.
Thec US economy is being run in a similar way as diring slavery.

It is a slavery or plantation economics that has been introduces since ronald Reafan. this policy us based on frowing the wealth od preperty pwners at the expenses od all workers.

Thatr is what led us to the housing and stock bubbles. They belueve that as long as they can grow the m9o9ney in these areas,the country will be wealthy. It is so far from any enconmic porincilles.
It is oppositeto the first law[of supply and demand. </span>

[Dr.Dudd]

Re: worst dow-jones drop in inauguration day history

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: RichD</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: evanovitch</div><div class="ubbcode-body">oh yes...it is gwine to be depression era banking collapse...fi real...dem still naw tell di troot bout di banks...fi real....i am surprised dat odda countries not suing di US given dat dem was led dung di rose-coloured path wid di assurances re dem repackaged loans....China still a bringle bout alll weh dem was encouraged to tek awn </div></div> they foolin around ..they need to wrap up some of these banks Finsac style </div></div>You are going from the premise that the problem is in the banks,like in the Jamaican case. But the problem is much deepeer. If you close the failing banks,you will end up with the closong of so mant businesses that survoves on pnly thsoir oiverdraft that the unemployment will sky ricket. How doyou deal with millions loosing their homes, becaus they loose thsir jibs,and nthe increase unemployment and rediced taxes from the inemployed?

[RichD]

Re: worst dow-jones drop in inauguration day history

i would wrappup the banks ..take over their commercial operations ..form a new umbrella institution with the fedral funs instead of using the funds to try to sure up these institutions. this would limit retail banking job loss .it would also enable the new institution to extend credit to businesses needing credit to replace existing credit lines(all service credit lines woudlbe autmaticall moved over to the new institution.

[evanovitch]

Re: worst dow-jones drop in inauguration day history

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Dr.Dudd</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: RichD</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: evanovitch</div><div class="ubbcode-body">oh yes...it is gwine to be depression era banking collapse...fi real...dem still naw tell di troot bout di banks...fi real....i am surprised dat odda countries not suing di US given dat dem was led dung di rose-coloured path wid di assurances re dem repackaged loans....China still a bringle bout alll weh dem was encouraged to tek awn </div></div> they foolin around ..they need to wrap up some of these banks Finsac style </div></div>You are going from the premise that the problem is in the banks,like in the Jamaican case. But the problem is much deepeer. <span style="font-weight: bold">If</span> you close the failing banks,<span style="font-weight: bold">you will end up</span> with the <span style="font-weight: bold">closong of so mant businesses that survoves on pnly thsoir oiverdraft that the unemployment will sky ricket. How doyou deal with millions loosing their homes, becaus they loose thsir jibs,and nthe increase unemployment and rediced taxes from the inemployed</span>? </div></div>

we r currently coming to grips wid all dat u seh , aint it? an lending money to peter to rob paul is not the answer as the bailouts sooo far have proven

[Dr.Dudd]

Re: worst dow-jones drop in inauguration day history

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: RichD</div><div class="ubbcode-body">i would wrappup the banks ..take over their commercial operations ..form a new umbrella institution with the fedral funs instead of using the funds to try to sure up these institutions. this would limit retail banking job loss .it would also enable the new institution to extend credit to businesses needing credit to replace existing credit lines(all service credit lines woudlbe autmaticall moved over to the new institution. </div></div>Yopu still din't iunderstand what I'm gettuing at.
Something is not pappropriate to oublish in poublic,but let me tell you a secret. If the appropriate principles are applied by the banks, the majority couls n9ot qualify fo loans.
If that happens,majority woyld not have a job,if that happens it will be a toral collapse of the whole world econ9mic plarform,and probably lead to wars.The government sumply moving the capiral inder sime other umbrella with the same underlying weaknesses,will only rewult in that umprella cillaosunf later.
Ther is no money in the sysrem to support it today,because ecinimies are only as sreong as the earnongs on the workers can afford to spend. that earninfs hAVE BEEN INDERMINED WITH THE ANTI WORKER RETHORICTHAT GAS BEEN PEOMOTEC FOR THE LST 30 YEARS.

[Dr.Dudd]

Re: worst dow-jones drop in inauguration day history

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: evanovitch</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Dr.Dudd</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: RichD</div><div class="ubbcode-body">

oh yes...it is gwine to be depression era banking collapse...fi real...dem still naw tell di troot bout di banks...fi real....i am surprised dat odda countries not suing di US given dat dem was led dung di rose-coloured path wid di assurances re dem repackaged loans....China still a bringle bout alll weh dem was encouraged to tek awn </div></div> they foolin around ..they need to wrap up some of these banks Finsac style </div></div>You are going from the premise that the problem is in the banks,like in the Jamaican case. But the problem is much deepeer. <span style="font-weight: bold">If</span> you close the failing banks,<span style="font-weight: bold">you will end up</span> with the <span style="font-weight: bold">closong of so mant businesses that survoves on pnly thsoir oiverdraft that the unemployment will sky ricket. How doyou deal with millions loosing their homes, becaus they loose thsir jibs,and nthe increase unemployment and rediced taxes from the inemployed</span>? </div></div>

we r currently coming to grips wid all dat u seh , aint it? an lending money to peter to rob paul is not the answer as the bailouts sooo far have proven

Where did i say that?? howmany times have I posred that the solution has not been proposed as yet??

[RichD]

Re: worst dow-jones drop in inauguration day history

<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">Something is not pappropriate to oublish in poublic,but let me tell you a secret. If the appropriate principles are applied by the banks, the majority couls n9ot qualify fo loans.</div></div> that is whay im not suggesting they re qualify ..jus automatic transfer if they are being serviced.

[Dr.Dudd]

Re: worst dow-jones drop in inauguration day history

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: RichD</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">Something is not pappropriate to oublish in poublic,but let me tell you a secret. If the appropriate principles are applied by the banks, the majority couls n9ot qualify fo loans.</div></div> that is whay im not suggesting they re qualify ..jus automatic transfer if they are being serviced. </div></div>Meaning what?
create the qualification,when there is no tanguble supportung assets?/

[RichD]

Re: worst dow-jones drop in inauguration day history

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Dr.Dudd</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: RichD</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">Something is not pappropriate to oublish in poublic,but let me tell you a secret. If the appropriate principles are applied by the banks, the majority couls n9ot qualify fo loans.</div></div> that is whay im not suggesting they re qualify ..jus automatic transfer if they are being serviced. </div></div>Meaning what?
create the qualification,when there is no tanguble supportung assets?/ </div></div>

meaning if a business already has an operating line of credit and is servicing it that facility should be continued.