Market Plunges to 1997 levels -- still falling. Where's Messiah? All Hail (Capitalism DeathWatch™)

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[quesney]

Dow
7,177.78
-187.89
-2.55%

Nasdaq
1,399.99
-41.24
-2.86%

S&P 500
749.23
-20.82
-2.70%

[gidget7]

The market is doing exactly what the messiah wants it to do, probably not fast enough.

You cannot institute socialism until you first kill capitalism. The left started that process in Sept and Oct, and they are continuing it now. No other explanation makes any sense. “Capitalism, left alone, cannot fail” -— Rush

[BattleHymn]

I am glad I am not the only person who thinks only property owners should vote. I hope that includes those of us with mortgages (that are not delinquent), and not just the lock stock and barrel type!

[April Lexington]

I am glad I am not the only person who thinks only property owners should vote. I hope that includes those of us with mortgages (that are not delinquent), and not just the lock stock and barrel type!

No problem... in most states a mortgage is only a lien on your property (rather than a trust deed state where the bank holds the deed in trust for you). So, as legal determiner of the NEW America... I hereby declare you eligible to vote in the new Republic of the Constitutional States of America... CSA!!!

[watusa1775]

Speculators drove up oil. They’ve all lost their jobs at Lehman and Sachs. The can only artificially raise it about 40 cents using Ameritrade and food stamps.

Welfare Oligarchy Stew (Recipe):
1) Add 3 cups fear stock. Reduce stock as much as possible.
2) Add imitation meat, 787 ounces. Make from thin air.
2) Add 2 kilos (of course) green ingredients, at triple the price, mandatory inclusion.
3) Skim all of the top and remove the middle. Add skimmed top to the bottom scrapings. Expatriate the middle ingredients to simplify.
4) Stir liberally and in no particular direction.
5) Add 12 million international spice flakes -
welfare recipients during a depression (add this ingredient last to make melting pot boil over, and insist that is like the multiplying of loaves and fishes, not just too darn many things in the pot)
6) Serve at soup line.

[GeronL]

when they cannot afford a Ramen Noodle for lunch, the DUmmies and sheeples might start to think that O has not been telling them the complete truth

[RightOnTheLeftCoast]

"Carter did not desire to turn the USA into a socialist nightmare."

Sure he did. Still does.

[AmericanInTokyo]

Obama = What an ASS

[cherry]

yes....he is destroying us only to come back and promise to make our retirements "safe" by nationializing them ....

I've worked tremendously hard for my money and I intend to leave some of it for my kids.....

the gummit can go to hell.....

[cherry]

lets not forget he ignored the Medal of Honor inauguration ball, attended by every president sine the 50’s....it also included the Paralyzed Vets of America but who cares about them..../sarcasm/

[gwilhelm56]

**I hereby declare you eligible to vote in the new Republic of the Constitutional States of America... CSA!!!**

BRAVO!! I LOVE IT!!! I would have been a LITTLE more generous...Current or Former MILITARY of ANY TYPE!! Property Owners, those who actually have a positive figure in the line on 1040 . THIS IS YOUR TOTAL TAX.. no Earned Income Tax Credit, etc.

[Ezekiel]

President Barack Obama pause as he speaks at the close of the Fiscal Responsibility Summit, Monday, Feb. 23, 2009, in the Old Executive Office Building at the White House in Washington. (AP Photo/Pablo Martinez Monsivais) Photo Tools

[gwilhelm56]

**”Carter did not desire to turn the USA into a socialist nightmare.”
Sure he did. Still does.**

Carter was just too Dumb to know how. It was IMHO, the McGovern campaign when the DEM Platform began looking exactly like Marx’s MANIFESTO.

[cherry]

Jan. 20 th means NOTHING....bama has been running the show for two years now...

he is the selected crook of the elites protected by the msm....he and his cohorts forced in the first Tarp....remember, Rats have controlled congress for two years now...

and since his election/selection, bameys word has shaken the markets and the country....

bamey IS the problem....

[cherry]

Clinton had the dot.com bubble....so what....

Alan Greenspan kept the interest rates too low for too long......

beleive me, I wish Bush was a Reagan, but we only had one Reagan.....

enjoy your communist state, commrade..

[gwilhelm56]

**Rats have controlled congress for two years now...**

Basicly, it has been Dingy Harry and Icantfeelmyface PELOSI running the show since 2006. That’s when the Economy started to tank, when Freddie/Fanny started up, and gas started from less than $2.00/g to over $4.00/gal.

I’m not going to protect BUSH’s SPENDING like a Drunken Liberal, either.

[upchuck]

Sure he did. Still does.

Sorry, I should have written, "Carter could not turn the USA into a socialist nightmare."

Although he tried.

[Texas4ever]

.Take some cash out, enough for a month of gas and food.....hide it....put food non perishable away...enough for 1 month ( if you dont need it nothing lost)....put jugs of water away....buy a gun...lamenate your bible....batteries and a portable radio and flashllight....and have a family plan of where to meet should all communications be gone....

Hang in there and keep the faith.

[boughtwithaprice]

1997...hmm, who was president then? let me guess. NOT BUSH!

[rollo tomasi]

Yes, of course the previous years of GOVERNMENT involvement and greed by those living beyond their means, too stupid to hire a lawyer to read a contract they apparently never read, as well as the “bankers”, some forced to hand out bad loans, deserve blame. Using these government sanctioned loans and creating derivative hell of course needs a painful correction (Not from the government, which created this problem by forcing the action and looking the other way).

But if you think this past month has not added to the problem, in fact prevents the correction, in that the government has declared total war on the free market, then you are indeed a “fricking idiot”.

[rollo tomasi]

Add to the fact you use only the 2001-2008 dates, cements the “fricking idiot” label. You won’t get kudos of Bush out of me but you also won’t get the blame on him either.