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Originally posted by TKainZero
Its fair game guys, if you can do it, you can make it, and you can make more then you can dream, or you can go flat broke thats the nature of the game.
But when the market jumps like 200 points to colse the day, then jumpliek 300 in the first 15 then next day, ALOT OF PEOPLE MAD A TON OF $$$$$$
Originally posted by slackerwire
I could support doing away with both considering they are equally Unconstitutional .
Originally posted by slackerwire
I could support doing away with both considering they are equally Unconstitutional .
Originally posted by xpert11
MRGERBIK excellent post .
It never ceases to amaze me that the same people who continue to beat up on welfare recipients who are genuine need of aid from the government say nothing about corporate welfare in the US which is nothing sort of disgusting , disgraceful and an anti free market practice.
What kind of people support billion of dollars being handed out to the likes of the agriculture sector while at the same time the cry foul at the welfare system that helps people out in genuine need ?
Without a doubt it is morally bankrupt to support corporate socialism while opposing an welfare system that serves those in genuine need.
[edit on 18-8-2007 by xpert11]
[edit on 18-8-2007 by xpert11]
Originally posted by MRGERBIK
What Wallstreet received this week is nothing short of welfare entitlement. Of course the Welfare harpies will be silent on this issue. But it was 36 million dollars HANDED out to WallStreet that you probably didn't even flinch at or notice. WELL...Start "Noticing" How much of a handout the RICH got this week. Of all the people the Rich?
On August 9-10, the European Central Bank, the Bank of Japan, the Federal Reserve, plus the central banks of Australia, Norway, Switzerland, and other countries “injected” the equivalent about a third of a trillion dollars ($325 billion) into the money systems of the world. The Bank of Japan handed out a dramatic ¥1 trillion, about $8.5 billion. The European Central Bank showed signs of panic, or of realism, by spewing out about €160 billion over two days. Their goal was to stave off a spreading panic at bond trading desks and in the capital markets of the world about junk bonds, collateralized debt obligations (CDOS), mortgage backed securities, and other paper debt instruments.
Originally posted by jsobecky
Originally posted by MRGERBIK
What Wallstreet received this week is nothing short of welfare entitlement. Of course the Welfare harpies will be silent on this issue. But it was 36 million dollars HANDED out to WallStreet that you probably didn't even flinch at or notice. WELL...Start "Noticing" How much of a handout the RICH got this week. Of all the people the Rich?
You need to check your sources, or get better ones. The cost was not $36 million, but closer to $38 Billion with a B.
And Wall St. was not alone:
On August 9-10, the European Central Bank, the Bank of Japan, the Federal Reserve, plus the central banks of Australia, Norway, Switzerland, and other countries “injected” the equivalent about a third of a trillion dollars ($325 billion) into the money systems of the world. The Bank of Japan handed out a dramatic ¥1 trillion, about $8.5 billion. The European Central Bank showed signs of panic, or of realism, by spewing out about €160 billion over two days. Their goal was to stave off a spreading panic at bond trading desks and in the capital markets of the world about junk bonds, collateralized debt obligations (CDOS), mortgage backed securities, and other paper debt instruments.
www.inteldaily.com...
It's not limited to the US, as you can see.
Originally posted by MRGERBIK
But the point is that Wallstreet has taken America to Hell and Back for their failed experiments.
And who decided to do the trades with China so freely? Why I think it was the free market cultists who must have not even thought about the consequences to american manufacturing.