Is this as bad as it seems?

[Shamis]

I'll be back down before the end of the week.

is this a freudian gay man slip?

No if it was a gay freudian slip it would've said, "I'll be back down to pigsteak's place before the end of the week"

[pigsteak]

[Wes]

Soooo...

Eight months later, seems like it is worse then it seemed at the time...

[L Day]

And we probably haven't seen nothin' yet. Of course if we could see into the future we'd be rich.

[Wes]

And we probably haven't seen nothin' yet.

And in that train of thought...

http://www.cnn.com/2008/POLITICS/10/09/ ... index.html

See you at the soup kitchen this winter?

[DriskellHR]

I just posted a similar thread in the whatever forum. I think the market is going to crash this week.

The implacations of this make me pucker up really tight. I like my house I want to keep it.

[Alan Evil]

http://www.kentucky.com/522/story/348710.html

Is this a really bad sign of what is going on in general, or is it just one investment bank gone bad? And why is the gov't so willing to bail them out?

Turns out it was a really bad sign...

Let's see, which party has been trying to undo all the regulations put in place after the last great depression? Which Presidential candidate used to brag endlessly about how anti-regulation he is? Which party has worked so hard over the last couple of decades to make sure the wealthy became wealthier and the poorer poorer? I know the answer and I'm going to vote against them.

[Danny]

The gov want's to "bail" companies out to increase trust in the markets. The problem that we have now is that banks and lending institutions do not trust each other or anyone so no one is lending money. The root of this is the subprime lending practices that finally broke down. We haven't really seen "the" collapse yet, but it may happen if the trust continues to erode. I suspect that there will be a market honeymoon when/if Obama is elected and I'm tempted to buy back in now. But I'll probably be safe and loose a few percent and bet on a real collapse next year.

[Crankmas]

end of 2nd quarter 09 the corner is turned- don't worry beer happy

[trog]

http://www.redriverclimbing.com/viewtop ... 2&start=15

for all you global meltdown fans...
looks like my dream might come true for othe reasons

BTW, had a great time at Rocktoberfest, hope it's not the last