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Jerry Kraus Guest
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Posted: Fri Oct 10, 2008 8:08 pm Post subject: Markets almost go up!!! |
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http://finance.yahoo.com/
In an unprecedented rally on Wall Street today, brokers and market
watchers around the world were stunned to see the Stock Markets almost
go up. The truly astonishing, and now unfamiliar sight, of the Dow
only finishing down 100 points, has cheered investors everywhere. It
now is clear that the White House>s bailout plan is, indeed,
working. Although this does represent the ninth straight day of
declines in which the Markets have lost nearly 25% of their value --
unprecedented in the history of the Stock Market -- we can now see
clear light at the end of the tunnel. The trends are clear. We have,
indeed, found a bottom. There is nothing to fear, but fear itself.
All is well. |
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raylopez99 Guest
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Posted: Fri Oct 10, 2008 8:29 pm Post subject: Re: Markets almost go up!!! |
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On Oct 10, 1:08 pm, Jerry Kraus <jkraus_1...@yahoo.com> wrote:
[quote]http://finance.yahoo.com/
In an unprecedented rally on Wall Street today, brokers and market
watchers around the world were stunned to see the Stock Markets almost
go up. The truly astonishing, and now unfamiliar sight, of the Dow
only finishing down 100 points, has cheered investors everywhere. It
now is clear that the White House>s bailout plan is, indeed,
working. Although this does represent the ninth straight day of
declines in which the Markets have lost nearly 25% of their value --
unprecedented in the history of the Stock Market -- we can now see
clear light at the end of the tunnel. The trends are clear. We have,
indeed, found a bottom. There is nothing to fear, but fear itself.
All is well.
[/quote]
"All is well?" Only if your name is Dr. Pangloss!
The author>s premise--if not sarcasm--is that the panic is not due to
anything rational but simply an irrational response to AIG or LEH
failing. Yet the era of cheap money is over, and this can only hurt
deal making since the last few years have been artificially boosted by
cheap credit. Further, with 15% and climbing of all US houses in
default or behind in their credit payments, and the American consumer
maxed out in their (negative) savings rate, this retail season should
be horrible.
Coupled with another big bank or broker going under (Morgan Stanley?
even Citibank is close to single digits), I can easily see a recession
on the horizon, and another 3000 point drop in the Dow average.
Got gold?
RL |
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Fish Guest
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Posted: Fri Oct 10, 2008 11:09 pm Post subject: Re: Markets almost go up!!! |
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On Oct 10, 12:29 pm, raylopez99 <raylope...@yahoo.com> wrote:
[quote]I can easily see a recession
on the horizon, and another 3000 point drop in the Dow average.
[/quote]
I beg to differ - don>t be fooled by 2.1% GDP increase this year so
far. why statistic fools people is beyond my imagination.
* the GDP in 2005 was between 10 trillions
* the increase in GDP, said to be 13 trillions, that is ~~ 30%
increase
why there is GDP increase when millions lost jobs, production
decreased, financial org are in ruin? it all lay in the extra consumer
spending to cover basic daily living such as gasoline, energy, food,
etc... the consumer spending is about 70% of GDP, in this case, people
pay more for the same thing, that said, 30% inflation is the culprit,
it is added to spending to inflate GDP. Americans rather see GDP of 8
trillions with saving rate at 20% than 20 trillion with negative
saving.
Technically, We WERE in recession since 2005, where the housing market
tanked, which constituted to 40% of GDP. The inflation rate is about
10 - 12 % since 2005.
Rebuttal is welcome |
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bigfletch8@gmail.com Guest
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Posted: Fri Oct 10, 2008 11:33 pm Post subject: Re: Markets almost go up!!! |
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On Oct 11, 6:08 am, Jerry Kraus <jkraus_1...@yahoo.com> wrote:
[quote]http://finance.yahoo.com/
In an unprecedented rally on Wall Street today, brokers and market
watchers around the world were stunned to see the Stock Markets almost
go up. The truly astonishing, and now unfamiliar sight, of the Dow
only finishing down 100 points, has cheered investors everywhere. It
now is clear that the White House>s bailout plan is, indeed,
working. Although this does represent the ninth straight day of
declines in which the Markets have lost nearly 25% of their value --
unprecedented in the history of the Stock Market -- we can now see
clear light at the end of the tunnel. The trends are clear. We have,
indeed, found a bottom. There is nothing to fear, but fear itself.
All is well.
[/quote]
Some refer to this as a 'storm'.
The geological equivalent being a major shift in the tectonic plates.
The old system has outlived its usefullness. It evolved around the
powerful, and well regulated, in a non global system.
I was amused at the comments from the UK yesterday, where the PM
actually blamed Iceland for 'allowing' countless millions of pounds to
be deposited, not just by high interet rollers, but by councills, and
fire dept pension funds and the like.
To quote "America". Time To Make A Change..Time To Rearrange...Sooner
Or Later, Its Something You Gotta Do"
The blockages to a one world order, is not unlike the EEC situation.
Rich in idealism, but floundering because of too much vested interest
by some individuaal countries, trying to hold on to their identity.
What do you do to get children to comply? Give them a taste of the
fear of the consequences of not complying.
Its going to take time, but the dye has been cast.The technology is
already in place.
Onwards and upwards, (or downwards depending on your pov).
BOfL |
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DB Guest
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Posted: Sat Oct 11, 2008 1:19 am Post subject: Re: Markets almost go up!!! |
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Jerry Kraus wrote:
[quote]http://finance.yahoo.com/
In an unprecedented rally on Wall Street today, brokers and market
watchers around the world were stunned to see the Stock Markets almost
go up. The truly astonishing, and now unfamiliar sight, of the Dow
only finishing down 100 points, has cheered investors everywhere. It
now is clear that the White House>s bailout plan is, indeed,
working. Although this does represent the ninth straight day of
declines in which the Markets have lost nearly 25% of their value --
unprecedented in the history of the Stock Market -- we can now see
clear light at the end of the tunnel. The trends are clear. We have,
indeed, found a bottom. There is nothing to fear, but fear itself.
All is well.
[/quote]
HAH!
I went long a couple of hours before the market closed. It was
irresistible! As long as the world doesn>t end this weekend...
I don>t know you so your post may be a jab. But if you think this is over...
Well. |
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Stray Dog Guest
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Posted: Sat Oct 11, 2008 2:19 am Post subject: Re: Markets almost go up!!! |
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On Fri, 10 Oct 2008, Jerry Kraus wrote:
[quote]Date: Fri, 10 Oct 2008 13:08:28 -0700 (PDT)
From: Jerry Kraus <jkraus_1999@yahoo.com
Newsgroups: alt.politics, misc.invest.stocks, alt.politics.economics,
sci.econ, alt.philosophy
Subject: Markets almost go up!!!
http://finance.yahoo.com/
In an unprecedented rally on Wall Street today, brokers and market
watchers around the world were stunned to see the Stock Markets almost
go up. The truly astonishing, and now unfamiliar sight, of the Dow
only finishing down 100 points, has cheered investors everywhere. It
now is clear that the White House>s bailout plan is, indeed,
working. Although this does represent the ninth straight day of
declines in which the Markets have lost nearly 25% of their value --
unprecedented in the history of the Stock Market -- we can now see
clear light at the end of the tunnel. The trends are clear. We have,
indeed, found a bottom. There is nothing to fear, but fear itself.
All is well.
[/quote]
Too early to make that conclusion. At least housing prices have to
stabilize, see where the unemployment peaks out at, retail sales have to
come back up and be steady, maybe a handfull of other general factors,
too. |
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Econotron Guest
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Posted: Sat Oct 11, 2008 2:55 am Post subject: Re: Markets almost go up!!! |
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"Stray Dog" <sdog2008@sdf.lonestar.org> wrote in message
news:Pine.NEB.4.64.0810102117130.18959@sdf.lonestar.org...
[quote]
On Fri, 10 Oct 2008, Jerry Kraus wrote:
Date: Fri, 10 Oct 2008 13:08:28 -0700 (PDT)
From: Jerry Kraus <jkraus_1999@yahoo.com
Newsgroups: alt.politics, misc.invest.stocks, alt.politics.economics,
sci.econ, alt.philosophy
Subject: Markets almost go up!!!
http://finance.yahoo.com/
In an unprecedented rally on Wall Street today, brokers and market
watchers around the world were stunned to see the Stock Markets almost
go up. The truly astonishing, and now unfamiliar sight, of the Dow
only finishing down 100 points, has cheered investors everywhere. It
now is clear that the White House>s bailout plan is, indeed,
working. Although this does represent the ninth straight day of
declines in which the Markets have lost nearly 25% of their value --
unprecedented in the history of the Stock Market -- we can now see
clear light at the end of the tunnel. The trends are clear. We have,
indeed, found a bottom. There is nothing to fear, but fear itself.
All is well.
Too early to make that conclusion. At least housing prices have to
stabilize, see where the unemployment peaks out at, retail sales have to
come back up and be steady, maybe a handfull of other general factors,
too.
That will take a couple of years, and then it is unlikely that the[/quote]
consumption will rise to the recent levels. The latter should take another
7/8 years.
e. |
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Rod Speed Guest
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Posted: Sat Oct 11, 2008 7:02 am Post subject: Re: Markets almost go up!!! |
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Fish <yellowtail_2005@yahoo.com> wrote
[quote]raylopez99 <raylope...@yahoo.com> wrote
I can easily see a recession on the horizon, and another 3000 point drop in the Dow average.
I beg to differ - don>t be fooled by 2.1% GDP increase this year so far.
why statistic fools people is beyond my imagination.
[/quote]
Your problem.
[quote]* the GDP in 2005 was between 10 trillions
* the increase in GDP, said to be 13 trillions, that is ~~ 30% increase
why there is GDP increase when millions lost jobs,
[/quote]
We didnt see a net loss of millions of jobs.
[quote]production decreased,
[/quote]
You>re lying now.
[quote]financial org are in ruin?
[/quote]
They arent very relevant to the GDP ?
[quote]it all lay in the extra consumer spending to cover basic daily living such as gasoline, energy, food, etc...
[/quote]
Thats a lie over the period you are referring to.
[quote]the consumer spending is about 70% of GDP, in this case, people pay more for the same thing,
[/quote]
And flaunting your pig ignorance there.
[quote]that said, 30% inflation is the culprit,
[/quote]
And there in spades.
[quote]it is added to spending to inflate GDP. Americans rather see GDP of
8 trillions with saving rate at 20% than 20 trillion with negative saving.
Technically, We WERE in recession since 2005,
[/quote]
Flaunting your pig ignorance again.
[quote]where the housing market tanked, which constituted to 40% of GDP.
[/quote]
Thanks for that completely superfluous proof that you have never ever had a fucking clue about anything at all, ever.
[quote]The inflation rate is about 10 - 12 % since 2005.
[/quote]
Thanks for that completely superfluous proof that you have never ever had a fucking clue about anything at all, ever.
[quote]Rebuttal is welcome
[/quote]
You>ll just ignore it, just like you always do. |
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(¯`·.¸Craig Chilton¸.·´¯ Guest
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Posted: Sat Oct 11, 2008 8:02 am Post subject: Re: Markets almost go up!!! |
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On Fri, 10 Oct 2008 13:08:28 -0700 (PDT),
Jerry Kraus <jkraus_1999@yahoo.com> wrote:
[quote]http://finance.yahoo.com/
In an unprecedented rally on Wall Street today, brokers and market
watchers around the world were stunned to see the Stock Markets almost
go up. The truly astonishing, and now unfamiliar sight, of the Dow
only finishing down 100 points, has cheered investors everywhere. It
now is clear that the White House>s bailout plan is, indeed,
working. Although this does represent the ninth straight day of
declines in which the Markets have lost nearly 25% of their value --
unprecedented in the history of the Stock Market -- we can now see
clear light at the end of the tunnel. The trends are clear. We have,
indeed, found a bottom. There is nothing to fear, but fear itself.
All is well.
[/quote]
I wonder what you>ll say NEXT Friday if the Dow has gone DOWN
*another* 1,500 points by then?
-- (¯`·.¸Craig Chilton¸.·´¯)
xanadu222@mchsi.com -- To E-Mail me.
http://www.roadrat.com -- Learn how to get PAID to TRAVEL.
http://apifar.blogspot.com -- Great TACTICS to Fight Bigotry.
http://pro-christian.blogspot.com -- Christianity *vs.* Bigotry.
And with Election Day looming, THIS site is a MUST:
http://www.blackboxvoting.org/ |
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Sean Guest
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Posted: Sat Oct 11, 2008 8:02 am Post subject: Re: Markets almost go up!!! |
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<bigfletch8@gmail.com> wrote in message
news:29a83b7b-293d-4dba-89a2-bbf865f6d3fe@e38g2000prn.googlegroups.com...
On Oct 11, 6:08 am, Jerry Kraus <jkraus_1...@yahoo.com> wrote:
[quote]http://finance.yahoo.com/
In an unprecedented rally on Wall Street today, brokers and market
watchers around the world were stunned to see the Stock Markets almost
go up. The truly astonishing, and now unfamiliar sight, of the Dow
only finishing down 100 points, has cheered investors everywhere. It
now is clear that the White House>s bailout plan is, indeed,
working. Although this does represent the ninth straight day of
declines in which the Markets have lost nearly 25% of their value --
unprecedented in the history of the Stock Market -- we can now see
clear light at the end of the tunnel. The trends are clear. We have,
indeed, found a bottom. There is nothing to fear, but fear itself.
All is well.
[/quote]
Some refer to this as a 'storm'.
The geological equivalent being a major shift in the tectonic plates.
The old system has outlived its usefullness. It evolved around the
powerful, and well regulated, in a non global system.
I was amused at the comments from the UK yesterday, where the PM
actually blamed Iceland for 'allowing' countless millions of pounds to
be deposited, not just by high interet rollers, but by councills, and
fire dept pension funds and the like.
To quote "America". Time To Make A Change..Time To Rearrange...Sooner
Or Later, Its Something You Gotta Do"
The blockages to a one world order, is not unlike the EEC situation.
Rich in idealism, but floundering because of too much vested interest
by some individuaal countries, trying to hold on to their identity.
What do you do to get children to comply? Give them a taste of the
fear of the consequences of not complying.
Its going to take time, but the dye has been cast.The technology is
already in place.
Onwards and upwards, (or downwards depending on your pov).
BOfL
------------------------------------------
Just here smiling and enjoying all of Life. One Government or 200+, makes
little difference. :) |
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Guest
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Posted: Sat Oct 11, 2008 8:48 am Post subject: Re: Markets almost go up!!! |
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[quote]Got gold?
[/quote]
historically 1 ounce of gold is worth just under 1 and a half pounds
(troy) of silver. in the physical market right now i can buy more than
three pounds of siver for the same price as an ounce of gold. also, if
confidence in fiat collapses the way i expect it to silver will be
more useful for day to day use than gold, unless you are buying 1/20
ounce krugs. people will always accept payment in either gold or
silver. so sure, i>m going to hold a little gold, but right now silver
looks like a better buy. see -
http://goldinfo.net/silver600.html |
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(¯`·.¸Craig Chilton¸.·´¯ Guest
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Posted: Sat Oct 11, 2008 5:46 pm Post subject: Re: Markets almost go up!!! |
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On Fri, 10 Oct 2008 13:08:28 -0700 (PDT), Jerry Kraus
<jkraus_1999@yahoo.com> wrote:
[quote]In an unprecedented rally on Wall Street today, brokers and market
watchers around the world were stunned to see the Stock Markets almost
go up.
[/quote]
Is that like "Judy almost got pregnant?"
-- (¯`·.¸Craig Chilton¸.·´¯)
xanadu222@mchsi.com -- To E-Mail me.
http://www.roadrat.com -- Learn how to get PAID to TRAVEL.
http://apifar.blogspot.com -- Great TACTICS to Fight Bigotry.
http://pro-christian.blogspot.com -- Christianity *vs.* Bigotry.
And with Election Day looming, THIS site is a MUST:
http://www.blackboxvoting.org/
~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*
MORE THAN EVER BEFORE...
"It IS The SUPREME COURT, Stupid!"
Earl Weber ("duke") <duckgumbo32@cox.net> wrote, 10-8-08 --
[quote]I know how the system is supposed to work. But we have
too many judges that decide based not on the Constitution
but on their version of social justice.
[/quote]
There can>t possibly BE too many egalitarian judges, since ALL
of them are constrained to rule *within* the parameters of the
Constitution. NO judge can *contradict* the Constitution. In
any given case, there is only so much potential "gray area" wiggle
room within which one must rule, or contradiction would occur.
The BEST judges are the fair-minded, sensible, and compas-
sionate ones who rule as close as they possibly can to the param-
eter that affords the most personal freedom for individuals. As
an envelope is defined by it>s edges, it>s a case of staying inside
of the envelope so as to still be mailable, with the *content*
always being snugly against the edge called "liberty."
Individual freedom should be PARAMOUNT, and NO President
or Senate should EVER be responsible for appointing/confirming
a Justice that doesn>t make it unequivocally *clear* that he/she
will steadfastly seek to defend and support it to the fullest extent
possible. There is NOTHING good to be gained by installing a
repressive Justice. That is one of the most *harmful* actions that
an President or Senator can do to his/her country.
We MUST **keep** EGALITARIAN judges in the majority in
the U.S. Supreme Court. And to do that, we MUST elect Obama.
For more important information and talking points, go here:
http://apifar.blogspot.com/2007/11/vital-warning-unseen-unheeded-now.html
http://apifar.blogspot.com/2007/12/surreal-alternate-reality-if-democrats.html
The above articles are clear, concise, totally factual, and are
HIGHLY useful and thought-provoking.
~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~* |
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Jerry Kraus Guest
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Posted: Sat Oct 11, 2008 6:00 pm Post subject: Re: Markets almost go up!!! |
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On Oct 11, 7:46 am, "(¯`·.¸Craig Chilton¸.·´¯) -- NO FACTS Support
the RRR Cult>s Loathsome Agendas!" <xanadu2...@mchsi.com> wrote:
[quote]On Fri, 10 Oct 2008 13:08:28 -0700 (PDT), Jerry Kraus
jkraus_1...@yahoo.com> wrote:
In an unprecedented rally on Wall Street today, brokers and market
watchers around the world were stunned to see the Stock Markets almost
go up.
Is that like "Judy almost got pregnant?"
-- (¯`·.¸Craig Chilton¸.·´¯)
xanadu...@mchsi.com -- To E-Mail me.http://www.roadrat.com -- Learn how to get PAID to TRAVEL.http://apifar.blogspot.com-- Great TACTICS to Fight Bigotry.http://pro-christian.blogspot.com-- Christianity *vs.* Bigotry.
And with Election Day looming, THIS site is a MUST:http://www.blackboxvoting.org/
~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*
MORE THAN EVER BEFORE...
"It IS The SUPREME COURT, Stupid!"
Earl Weber ("duke") <duckgumb...@cox.net> wrote, 10-8-08 --
I know how the system is supposed to work. But we have
too many judges that decide based not on the Constitution
but on their version of social justice.
There can>t possibly BE too many egalitarian judges, since ALL
of them are constrained to rule *within* the parameters of the
Constitution. NO judge can *contradict* the Constitution. In
any given case, there is only so much potential "gray area" wiggle
room within which one must rule, or contradiction would occur.
The BEST judges are the fair-minded, sensible, and compas-
sionate ones who rule as close as they possibly can to the param-
eter that affords the most personal freedom for individuals. As
an envelope is defined by it>s edges, it>s a case of staying inside
of the envelope so as to still be mailable, with the *content*
always being snugly against the edge called "liberty."
Individual freedom should be PARAMOUNT, and NO President
or Senate should EVER be responsible for appointing/confirming
a Justice that doesn>t make it unequivocally *clear* that he/she
will steadfastly seek to defend and support it to the fullest extent
possible. There is NOTHING good to be gained by installing a
repressive Justice. That is one of the most *harmful* actions that
an President or Senator can do to his/her country.
We MUST **keep** EGALITARIAN judges in the majority in
the U.S. Supreme Court. And to do that, we MUST elect Obama.
For more important information and talking points, go here:
http://apifar.blogspot.com/2007/11/vital-warning-unseen-unheeded-now....
http://apifar.blogspot.com/2007/12/surreal-alternate-reality-if-democ...
The above articles are clear, concise, totally factual, and are
HIGHLY useful and thought-provoking.
~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*
[/quote]
Finance Media Propaganda: "Why you>re not rich!"
http://finance.yahoo.com/banking-budgeting/article/105934/10-Reasons-You>re-Not-Rich
"Oh, you silly billy! It>s all you>re fault you>re not a
millionaire! Millionaires are all wonderful people who are the true
paragons of society. If you>re not a millionaire, you have no one to
blame but yourself. You are a bad person. You should be in prison.
You should be in jail. Or at the very least, you should starve and
have no health care. Because it>s all your fault!"
Maybe, millionaires are just thieves, and the reason people are poor
is that society rewards greed instead of merit and true productivity?
You don>t have to do anything useful to make money. You can just
steal, intimidate and manipulate. |
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John J Guest
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Posted: Sun Oct 12, 2008 12:11 am Post subject: Re: Markets almost go up!!! |
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Jerry Kraus wrote:
[quote]On Oct 11, 7:46 am, "(¯`·.¸Craig Chilton¸.·´¯) -- NO FACTS Support
http://finance.yahoo.com/banking-budgeting/article/105934/10-Reasons-You>re-Not-Rich
"Oh, you silly billy! It>s all you>re fault you>re not a
millionaire! Millionaires are all wonderful people who are the true
paragons of society.
[/quote]
You had your little rant, now go back and READ the article |
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Balanced View Guest
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Posted: Sun Oct 12, 2008 12:28 am Post subject: Re: Markets almost go up!!! |
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John J wrote:
[quote]Jerry Kraus wrote:
On Oct 11, 7:46 am, "(¯`·.¸Craig Chilton¸.·´¯) -- NO FACTS Support
http://finance.yahoo.com/banking-budgeting/article/105934/10-Reasons-You>re-Not-Rich
"Oh, you silly billy! It>s all you>re fault you>re not a
millionaire! Millionaires are all wonderful people who are the true
paragons of society.
You had your little rant, now go back and READ the article
[/quote]
His synopsis is correct, the article is simplistic and sucks. The
average working Joe simply does not
have enough left over at the end of the week to take much of a risk, or
save their way to " Getting Rich". |
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