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10-08-2008
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#1 | ||||
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Senior Member
Years Donated 2008, 2009, 2010
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CNN: Breaking News: Tokyo markets crash
Nikkei down 10%, worst day in over 20 years. Trading suspended in Jakarta.
Yesterday it was Russia, China and Europe. (not to mention we were down 500 points) Today it's Tokyo and other Asian markets. Take a bite out of the world wide **** sandwich folks. |
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10-08-2008
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#2 | ||||||
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Mick Green 58
Years Donated 2008, 2009
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Yep, it amazing how fraud, greed and a lack of proper oversight can destroy the lives of people who had nothing to do with it.
I was reading an article the other day that said alot of country are really starting to push the United States to adopt more stringent financial practices for evaluating assets, of which the United States has been against. |
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10-08-2008
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#3 | |||||
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Senior Member
Years Donated 2008, 2009, 2010
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Quote:
This morning, Britain has just announced an 87 BN bank bailout. The world truly looks to us and follows suite. We need to restore trust in the US, not just in foreign affairs, but in economic terms as well. |
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10-08-2008
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#4 | |||||||
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Mick Green 58
Years Donated 2008, 2009
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Quote:
The United States a leader and I am just disappointed that our greed, fraud and corruption has led to this. |
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10-08-2008
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#5 | ||||
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Senior Member
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New World Disorder.
".... I have always found that plans are useless, but planning is indispensable." - Dwight D Eisenhower
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10-08-2008
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#6 | ||||||
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Senior Member
 Years Donated 2007, 2008, 2009, 2010, 2011, 2012, 2013
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This has been coming for along time and for everyone to blame us is stupid. They all have had a part in this. We moved about as fast as one could expect given the political climate. What is Europe's excuse for so far doing nothing?
Willfull neglect is the gentlest term I could use for the government. BUT then you libs need to shut your yaps since it was your guys who wanted to loosen all home lending rules no matter what so that had a BIG part in all this.
Las Cruces NM
White Sands NM Where men are men and the sheep are scared! |
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10-08-2008
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#7 | |||||
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Senior Member
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Quote:
As someone who was redlined when I tried to buy my first house, I fail to see the problem with forcing the banks to have a level playing field. The attitude of Big Business uber alles that both parties adhere to is the root of this. You shouldn't expect that everyone will be a cheater, but you should be verifying things just the same.
".... I have always found that plans are useless, but planning is indispensable." - Dwight D Eisenhower
Last edited by arglebargle : 10-08-2008 at 02:57 AM. Reason: Late hour. |
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10-08-2008
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#8 | |||||
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Senior Member
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I expect a blood bath when the NYSE opens. That should all but kill any chance McCain had left. I dont think people are going to care about Ayers when their nest egg just broke!!! |
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10-08-2008
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#9 | ||||||
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Senior Member
Years Donated 2007, 2008, 2009, 2010, 2011, 2012, 2013
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Why don't you do a little research argle before posting. You will find out that the rules that would have prevented so much of the problem got thrown out because of political expediency. Mostly by democrats looking for votes.
And those rules covered both business and home loans. Business loans made up a lot of it, but so did home loans.
Las Cruces NM
White Sands NM Where men are men and the sheep are scared! |
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