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Tuesday, September 30, 2008

Stock Market Crash


Wall St bailout plan blocked
LATEST: US lawmakers have rejected a US$700 billion bailout plan for the financial industry in a shock vote that sent global markets sliding as the world credit crisis claimed more banks. By a vote of 228-to-205 the House of Representatives rejected a compromise plan that would have allowed the Treasury Department to buy up toxic debt from struggling banks.
The plan's defeat sent US stocks down sharply, with the Dow Jones industrial average briefly falling more than 700 points, its biggest intraday drop ever.


Who would have thought a bloated self interested bailout for the corporate greedy by an Administration that allowed the super unregulated environment in the first place could have caused so much financial blood on the floor. The Dow was down as low as 722 points - OUCH that's a bad day at the office.

8 Comments:

At 30/9/08 10:22 am, Anonymous Anonymous said...

Watching all these greedy bastards squirm is just so fascinating!

The bubble goes pop!

 
At 30/9/08 2:34 pm, Anonymous Anonymous said...

I imagine types like you think this just great, rather justifies the live from week to week mentality of the lazy, congenitally poor.

Keep on pissing yours up against the wall, and enjoy watching those who worked hard and lived more responsibly and frugally and made sacrifices so they could invest for themselves and their families suffer. People like you promote poverty, laziness, selfishness, extravagance, sponging, theft and reckless spending. Most of your type will never worry about investment or pensions because they will never work, save or invest they will just be a drain on society like they have always been.

Fortunately I have felt little paid personally but I not gloating and laughing at those who have.

Stick to the criminals and dole wasters you admire and love Banger they are your kind, you have no place amongst the decent.

No run along to the pub (via McDonalds) with your loser friends, they won’t lose money because they don’t (and never will) have any, other than what they get from hand-outs and crime.

By the way your fun and faux superiority (more like envy and inferiority) will be short term – in the longer term those who work and invest will win – and more importantly so will their children. Any type of sensible and responsible living will always win in the end, fat idiots like you laugh and sneer at those who run and sweat but who laughs in the end.

 
At 30/9/08 2:42 pm, Anonymous Anonymous said...

I imagine types like you think this just great, rather justifies the live from week to week mentality of the lazy, congenitally poor.

Keep on pissing yours up against the wall, and enjoy watching those who worked hard and lived more responsibly and frugally and made sacrifices so they could invest for themselves and their families suffer. People like you promote poverty, laziness, selfishness, extravagance, sponging, theft and reckless spending. Most of your type will never worry about investment or pensions because they will never work, save or invest they will just be a drain on society like they have always been.

Fortunately I have felt little paid personally but I not gloating and laughing at those who have.

Stick to the criminals and dole wasters you admire and love Banger they are your kind, you have no place amongst the decent.

No run along to the pub (via McDonalds) with your loser friends, they won’t lose money because they don’t (and never will) have any, other than what they get from hand-outs and crime.

By the way your fun and faux superiority (more like envy and inferiority) will be short term – in the longer term those who work and invest will win – and more importantly so will their children. Any type of sensible and responsible living will always win in the end, fat idiots like you laugh and sneer at those who run and sweat but who laughs in the end.


Wow, this guy has got to win the bitter chip on the shoulder award for the day, so much spite, so much anger, did you take a bit of a hit with the stock market today anon? It's okay, no need to attack someone who has a different POV on the need to bail out the corporate elite, btw I think bomber has been VERY clear in the past that he doesn't eat McDonalds and he's not much of a drinker, it would pay to make your attacks stick a bit more with facts rather than made up stuff.

 
At 30/9/08 3:08 pm, Anonymous Anonymous said...

Funny that how the "mainstream media" which is owned by the greedy corporates (who would benefit from the $700 bil.), did not report about the thousands of protesters outside Wall Street -protesting AGAINST the proposed corporate bailout. Funny how that wasn't reported. Strange that.

And how did they come up with a figure on $700 bn for the bailout? Pulled it out of the same thin air that the debts disappeared into in the first place!

 
At 30/9/08 3:16 pm, Anonymous Anonymous said...

Those greedy pigs are getting their just desserts.

Living in La La Land what they were doing was totally unsustainable. SOund familiar?

Go the meltdown!

 
At 30/9/08 4:51 pm, Anonymous Anonymous said...

Gloating .... nice .... makes you feel good eh ????

 
At 1/10/08 7:57 am, Anonymous Anonymous said...

Ahhh the market rules.....it goes up.... it goes down....

 
At 1/10/08 9:52 am, Anonymous Anonymous said...

I just read that there were blokes making zillions off the markets in its current state. Squeezing bucks off all the chumps by playing the game.

 

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