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Stock Market diving since Obama spoke today.

Posted By: Down 300 points... great..nm on 2009-01-20
In Reply to: Yeah, do you have ANY idea how much money of - OURS he is about to spend? Good Lord.nm

nm


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stock market
Everybody was playing on the fear factor. Panic sets in and everybody starts selling. According to what I have heard, there are now great stock buys and that is what they are seeing.

Everybody gets so wrapped up in this "sky is falling" mentality and that is what the government hopes.

All their little nay sayers trying to scare the sense out of everybody but what they are hearing from their constiuents say do NOT say yes to the bill. The people do not believe that everything is going to h@ll in a hand basket if they vote NO to the bill.

I'm sure a lot more votes would have been yes yesterday if it had not been for their constituents faxing, calling, and e-mailing telling them they oppose such bailout.
Well here we go. Stock market -411.30 plus

Barney Fife writing proposal now to bail out the automakers with $25B stipulating GOVERNMENT OWNERSHIP.


The government is backing away from buying troubled mortgages and now are going to put it in an investment program taking capital. The facts changed.  His approach is to give banks enough cash to keep homes on the books and keep cash in the banks.


They will not bail out those people who shouldn't have taken out the loans in the first place.


American Express is jumping on the bailout wagon requesting $3.5B.


They really opened a can of worms here.


So the stock market's down.... sm
How bad is it?  According to the article linked below...........

With Thursday’s rout, $8.3 trillion in stock market wealth has been erased in the last 13 months.

For more info......  http://www.nytimes.com/2008/11/21/business/21markets.html?pagewanted=1&_r=1
So what!!!! Where were you when the stock market went down
Haven't you learned your lesson yet. You only comment on a good day and remain silent with the rest of the crats on a bad day.

How many people on this board have been telling you to quit commenting every time the market hiccups. But you feel this need to only comment when it goes up.

Your post is not worth the time reading.
Hm-m-m. Anybody notice the stock market is up, and

financial gained 16% today. That's curious. Can someone explain why?


I just think it's because the stocks were so low yesterday that it was a buyer's market.


 


 


The stock market went from +250 to -150 after the vote. nm
.
Have you noticed how the stock market goes up
or how the media has been fueling that engine by pushing and pushing and obsessing over the cabinet appointments in search of dirt to dig up on them?

Obama has been trying to give voters a little reassurance, but I supposed lots of folks will find something wrong with that too.
The stock market will never, ever, see another dime of

Bush is NOT in charge of the stock market

Wall Street,. Nancy Pelosi, Barney Fife, and the others are making it worse with all their stupid ideas.


They WANT this to happen and give more stimulus checks to people so the people will think they are the greatest since apple pie. 


I don't see any of them trying to figure out what to do that will help us except throw money away to the groups that are keeping the money to pay their bonuses and take trips.


who cares about the stock market anymore? it's
my stock-based 401K is all but gone, and even if i had the money next year, or ever, not a cent of it will ever go back into the stock market's house of cards. so i personally dont give a rip what happens to it from here on out.
And the stock market LOVES it while Boy Wonder flits around!
//
Guess that 1-day stock market rally didn't exactly
x
McCain has fogotten the stock market crash, mortgage/credit crisis,
unemployment rates, job losses, stagnant wages, rising prices in gas, food, health care, etc, etc, etc.
Janeane Garofalo spoke today. Glad she represents
nm
Just because the market is up today doesn't mean

everything is hunky-dorrey. Let's not get over enthusiastic here. The market has been down more than up lately. I would rather wait 6 months to see what's happening before I touch that subject.


As for O laughing in the 60 minutes interview, it doesn't bother me that much. It could be a way for him letting off steam. I, myself, when stressed out (as in federal jury duty), was so relieved the trial was over, I burst out laughing after we left the courtroom. This could be his way of relieving stress.


There's just too much going on in this government that turns me off especially with the bailouts and the so-called stimulus package, and I'm not too happy right now. I don't like the thought that every taxpayer, including my grandchildren or great-childen should I have any, are in debt to the government to the tune of ???, (all different figures thrown around on that).


As for posting, I only post when I have something to say. The news is the same old, same old, nothing interesting or new, so why post garbage like some on this board do. Right now, nothing on the news is piquing my interest.


One question I have.....how can O NOT accept the resignation of someone in his cabinet? That one has me stumped.  Anyone has the right to resign from a job. Since when can you not quit a job? You want to answer that one?


Scary commentary on Market Ticker today. sm
Looks like we have a rough ride coming. I sure hope it is not the way this guy is calling it. A lot of people are not prepared.

http://market-ticker.denninger.net/
There is still a problem with the economy no matter what the market has done today.
nm
Obama spoke himself about
x
You're going to be blasted..you spoke against Obama
sad but true
Obama has nothing to do with market... BUSH TANKED OUR COUNTRY nm
nm
Ask Obama today - quickly
Want the president's ear?  Go go whitehouse.gov quickly and ask a question for the town hall meeting for today.  Only two hours left for questions.
President Obama today
Does what President Obama said today about companies going offshore have anything to do with what is happening to our jobs?  I am confused.  Does this just have to do with losing tax money or losing jobs?
Obama contacted McCain first today. nm
.
Today (Wed) Obama's 10 points over McCain in

He also spoke of h-e-ll
and the repercussions of not accepting him as Christ. He also flat out told the pharisees that they were going to h-e-ll for what they were doing. He didn't just preach love. He told people how it was. He warned us that there is a h-e-ll and people go there. You can't teach the good without the bad.
Huckabee spoke about this the other day
He said a very astute financial guy with decades of eperience had noticed a very unusual trend in the market last week; that every day at the same time late in the day, the market would begin selling off huge volumes, just in time where it could not rebound and then this would start again the next day, with no rebound gain. He questioned economic terrorism then.

And it did make us wonder then if this thing was being manipulated. When the government over the weekend began singing how they were going to put money in the banks that was a big sign for me that there may be something to the suspicions. This gave governments an exception to buy into banks, thereby starting the ball of socialism. Government should never ever be involved in banks like this.

I don't think for a moment this has anything to do with not paying China off because China has been hacking into the World Trade Bank in Europe for over a year.... a year! And their people can't keep them out. So, that tells me China has been involved in this manipulation for a long time. They managed to get very private financial documents with loan information and procurements on them that would allow them to really manipulation behind the scenes with all that information they have.

I don't doubt China has EVERYTHING to do with this. But if we keep buying more of their junk and refuse to buy anything but their junk, then we have no one to blame but ourselves. We should start demanding our government NOT import any more goods from China and that our companies going over there to save taxes be given tax exemptions ONLY if they bring all their business back to this country.

When I was growing up, my great aunts always said keep us out of the United Nations and don't do business with communist countries or we would regret it one day. They were right!
The people spoke
The Supreme Court over-ruled their decision. They were given another opportunity to make their voices heard and rejected the legality of gay marriage a second time.

This is the democratic process at work: the majority rules. Funny how quickly that goes by the wayside when the liberal shoe is on the other foot.
I'm glad you spoke your mind.

You've got more guts than I do. They would have definitely gotten a dirty look from me, but I wouldn't have had the courage to say what I felt.


I hope they weren't able to "snare" too many impressionable young people with false promises and other lies. 


Did you hear that they're even telling would-be recruits how to pass drug screen tests so that they can still get into the military even if they're on drugs?  I don't think there's anything they WON'T do or say to meet recruitment quotas.


seems to me thousands spoke this weekend
Seems to me most of the country takes Cindy Sheehan seriously and are behind her 100%.  This weekends protests in DC, CA, NY, Ohio and other states prove it..When you look at the anti war protests compared to the pro war protests, tells you what the majority of the country wants..ending of the Iraq war.
A Kaydie clone just spoke!

nm


someplace where they spoke English
x
The mayor of Chicago also spoke this...sm
morning explaining the need for city employee layoffs.
The people spoke with their vote.
Changes should happen slowly to ensure we really want those changes to be put into place and to give time for any and all actions to be ordered.

It was voted on. It was a legitimate vote.

I think it sends a clear message that everyone is not ready for this type of change yet.

It's our (those who support Prop 8) country, too.

Well, if they spoke, that means I drop
everything and bow to people who do not have the last word on what the administration does.
Not sure I'd put much stock in

a not-very-scientific poll of under-18s.  I imagine they think it's...like... totally way-cool to be a hyphenated-American, whether they actually are, or not.  African-American, Asian-American, Hispanic-American,  Native-American, Vulcan-American..ya' know?  What ever....  


Back in the ླྀ's a friend of mine spent one summer with a mission group on an Indian reservation, and thereafter tried to pass herself off as full-blooded Sioux (which is unlikely when you're a blonde.)  It was just more interesting than being a white chick.


And why don't Caucasians get to use the hyphen?  Hardly anybody claims to be Irish-American, German-American, French-American, British-American (that sounds weird).


Maybe we should march and demand our rights.  Two!  Four!  Six!  Eight!  We wanna hyphenate!   Whitebread!  Whitebread!  Yeaaaaah!


From the way Fitzgerald spoke in the press conference...sm
S. Libby has A LOT to be worried about. It seems he's a bald face liar, and I think what would be interesting to find out is why would he lie and say he didn't even know who Plame was under oath having been briefed on her at least 4 times before coming to court. I smell smoke...

Exactly. After Galloway spoke out they tied him to al Qaeda. sm
Of course, the man must be a terrorist sympathizer because he has the guts to tell it like it is. Just like they call you an antisemite when you say anything about Israel, conspiracy theorist and nut bag, etc., if you speak out against Bush. See the pattern?
McCain has spoke ad nauseam about Keating 5
Get over it already!

The corrupt ACORN bunch are still at it and Obama is backing them every inch of the way. They are his push into office don't ya know?
Um no, Palin spoke and did herself in.... didn't you hear her? sm
No media, even intelligent media, could make up what she said. She said ignorant statements out of her own mouth, rallying the crowds and saying Obama pals around with terrorists. She ruined any chances McGeezer had, not that he had much of a chance but you MUST know that she has hurt the republican party, except for the most ignorant of them.
I don't put much stock in polls....
however, McCain is the first to break the 50% mark. And I trust Gallup and rasmussen more than I trust Fox polls, CNN polls or other media outlet polls. Although CBS did show McCain with a lead too. Still, it is encouraging, and a pretty big whoop...lol
Stock Surge

March 13, 2009 8:42 AM


Citi Execs Make Killing On Stock Surge


Posted by Daniel Carty

 


Citigroup's recent upbeat news about its profitability has driven Wall Street's surge this week, but it also generated $2.2 million for four executives who bought millions of shares of company stock nine days ago, reports Bloomberg.

According to regulatory filings, director Roberto Hernandez bought 6 million shares on March 2 for an average price of $1.25. The stock touched a record low of $0.97 on March 5, but five days later CEO Vikram Pandit issued an internal memo saying the bank turned a profit over the first two months of the year. That news drove Citi shares up 47 percent to its Thursday close of $1.52, giving Hernandez a $1.7 million profit on paper, reports the news agency.

"You’re supposed to buy when everyone else is selling,” Bruce Foerster, a former Lehman Brothers Holdings Inc. managing director who now runs South Beach Capital Markets in Miami, told Bloomberg. He said banks have internal monitoring systems to keep an eye on executive trades and prevent abuses.

Other executives include Latin America CEO Manuel Medina-Mora, who bought 1.5 million shares on March 3 at an average price of $1.24, Vice Chairman Lewis Kaden with 100,000 shares and controller John Gerspach with 65,000, reports Bloomberg.

In the last year, Citi's stock value has plummeted 95 percent as the company has suffered five straight quarters of losses.

Hernandez said he plans to step down from Citi's board after the bank's annual meeting in April but will keep his non-executive chairmanship of the company's Mexican bank, Banamex, reports Bloomberg.


Color me blind but name a case in which a republican spoke out...sm
and liberals started calling and threatening his life. I'm sure it happens but can you think of a case right off hand?

BTW, if you post it on the conservative board I'll read it there.
the moral majority spoke in CA but that isnt good enough
They banned it, voted against it.  The state of CA spoke but the gays are not happy with that and have to march.  They will push and push till they get their way. Whether it is against God or not.  what a shame. 
Bill Ayers spoke at Millersville University in PA

Yesterday. This is a college that prepares students for teaching jobs. You can see part of his speech here: 


http://www.wgal.com/video/18971823/index.html


There was a one-on-one interview with him at:


http://www.wgal.com/video/18971823/index.html


Where women are little more than breeding stock???
If some women were a little more discerning about who they slept with and a little more careful about taking precautions, we would not have to fix 2000+ "oopses" in a day. So go right ahead...fund irresponsibility, infanticide, and baby killing. Knock yourself out. Make planned parenthood richer. don't you think there is something sick about making a profit from killing babies??
Stock up on blankets and firewood...... sm
It's gonna be a looooong hard winter.

I'm thankful that I do have fireplace and I know how to cook on an open fire if I need to. I have 2 redneck sons who can go shoot us some vittles, that is until the gun police come and confiscate them. I really feel for those folks in the cities who have no alternative but electric heat and what they can cook on their electric stove.
Maybe you shouldn't put too much stock in left-

leaning polling companies, Mrs.  The fact, Obamanation's poll numbers are dropping and dramatically.  However, I don't think he cares a fig.  His real agenda is to destroy the economy, and when anarchy comes and his mask removed, he'll institute marshal law, and set himself up as dictator.  That's his plan and those who pull his marionette strings.  He is tooooooooooooo stoooooooooopid to do it on his own.  That's what he has surrounded himself with left-wing America hating "experts."  You'll be singing a different tune before long.


 


 


No, not making it up...watched him as he spoke, no tele, no speech prepared.

that's your problem. You put too much stock in a book written
Why do people say no flames please when they make inflamatory statements? You must like the attention.
Don't forget to stock up on those tin foil hats!
x
Excuse me? Sorry, I was diversifying my stock portfolio
don't care about the debate - just stated my opinion. And, yes, I like sitting on my butt and making money = "open your own company." Mmmm hmmm. Works like a charm, eh?