The DOW is about to be down 1,000 points at the end of the day

yyz

Under .500
Forum Member
Mar 16, 2000
43,678
2,386
113
On the course!
It's come back from close to -600

One vote is being held open while others try to sway House members who voted "no" to change to "yes".

Some have.

They still need 11 as of this writting.......

:0corn
 

THE KOD

Registered
Forum Member
Nov 16, 2001
42,553
305
83
Victory Lane
How can they not sign the fawking thing.

They are going to throw us into a deep depression.

In Atlanta , try to buy some gas right now. I just drove around 2 hours and have not been able to get any gas !

Its the beginning of hard hard times ahead.
 

grooven

Registered User
Forum Member
Jun 30, 2002
1,459
4
0
The dark side of the Moon
How can they not sign the fawking thing.

They are going to throw us into a deep depression.

In Atlanta , try to buy some gas right now. I just drove around 2 hours and have not been able to get any gas !

Its the beginning of hard hard times ahead.

What do want to have even a bigger deficit?

They told you that this shit was coming!! :sadwave:
 

BleedDodgerBlue

Admin
Forum Member
Feb 12, 2004
7,383
82
0
49
los angeles
the government is stupid. why did they waste that 145 billioin on the economic stimulus package a few months back. could they not see this coming. they sure could use that money now. glad i don't have anything in the market or not securely tucked away.

we're all fcked.
 

NIEM36

Child Please
Forum Member
Feb 6, 2002
1,010
5
38
chicago
I received this email today. It explains the bailout in the most simple way





The following is making its way around the internet.
Hmmmmmm......sounds like a very interesting solution.
In fact, it sounds so laudable there obviously must be something
terribly
wrong with the whole concept......or is there? You decide.
Dear Congress and Mr President:
I'm against the $85,000,000, 000.00 bailout of AIG. (That's 85
BILLION DOLLARS).

Instead, I'm in favor of giving $85,000,000, 000 to America in
We Deserve It Dividend.
To make the math simple, let's assume there are 200,000,000
bonafide U.S. Citizens 18+.

Our population is about 301,000,000 +/- counting every man,
woman
and child. So 200,000,000 might be a fair stab at adults 18
and up..
So divide 200 million adults 18+ into $85 billon that equals

$425,000.00.
My plan is to give $425,000 to every person 18+ as a
We Deserve It Dividend.
Of course, it would NOT be tax-free.
So let's assume a tax rate of 30%.
Every individual 18+ has to pay $127,500.00 in taxes.
That sends $25,500,000, 000 right back to Uncle Sam.
But it means that every adult 18+ has $297,500.00 in their
pocket.
A husband and wife has $595,000 .00.
What would you do with $297,500.00 to$595,000.00 in your
family?
Pay off your mortgage - housing crisis solved.
Repay college loans - what a great boost to new grads
Put away money for college - it'll be there
Save in a bank - create money to loan to entrepreneurs.
Buy a new AMERICAN car - create AMERICAN jobs
Invest in the market - capital drives growth
Pay for your parent's medical insurance - health care
improves
Enable Deadbeat Dads to come clean - or else
Remember this is for every adult U S Citizen 18+ including
the folks
who lost their jobs at Lehman Brothers and every other
company
that is cutting back. And of course, for hose serving in our
Armed Forces.
If we're going to re-distribute wealth let's really do
it...instead
of trickling out
a puny $1000.00 ( 'vote buy' ) economic incentive that is being

proposed by one of our candidates for President.
If we're going to do an $85 billion bailout, let's bail out
every adult U S Citizen 18+!
As for AIG - liquidate it.
Sell off its parts.
Let American General go back to being American General.
Sell off the real estate.
Let the private sector bargain hunters cut it up and clean it
up.
Here's my rationale. We deserve it and AIG doesn't.
Sure it's a crazy idea that can 'never work.'
But can you imagine the Coast-To-Coast Block party!
How do you spell Economic Boom?
I trust my fellow adult Americans to know how to use the $85 billion
We Deserve It Dividend more than I do the geniuses at AIG or in Washington DC .
And remember, The Family plan only really costs $59.5
Billion because
$25.5 Billion is returned instantly in taxes to Uncle Sam.

Ahhh...I feel so much better getting that off my chest.
Kindest personal regards,
A Creative Guy & Citizen of the Republic.
 

ga_ben

Snarky
Forum Member
Oct 12, 2006
946
6
0
Acworth, GA
I received this email today. It explains the bailout in the most simple way





The following is making its way around the internet.
Hmmmmmm......sounds like a very interesting solution.
In fact, it sounds so laudable there obviously must be something
terribly
wrong with the whole concept......or is there? You decide.
Dear Congress and Mr President:
I'm against the $85,000,000, 000.00 bailout of AIG. (That's 85
BILLION DOLLARS).

Instead, I'm in favor of giving $85,000,000, 000 to America in
We Deserve It Dividend.
To make the math simple, let's assume there are 200,000,000
bonafide U.S. Citizens 18+.

Our population is about 301,000,000 +/- counting every man,
woman
and child. So 200,000,000 might be a fair stab at adults 18
and up..
So divide 200 million adults 18+ into $85 billon that equals

$425,000.00.
My plan is to give $425,000 to every person 18+ as a
We Deserve It Dividend.
Of course, it would NOT be tax-free.
So let's assume a tax rate of 30%.
Every individual 18+ has to pay $127,500.00 in taxes.
That sends $25,500,000, 000 right back to Uncle Sam.
But it means that every adult 18+ has $297,500.00 in their
pocket.
A husband and wife has $595,000 .00.
What would you do with $297,500.00 to$595,000.00 in your
family?
Pay off your mortgage - housing crisis solved.
Repay college loans - what a great boost to new grads
Put away money for college - it'll be there
Save in a bank - create money to loan to entrepreneurs.
Buy a new AMERICAN car - create AMERICAN jobs
Invest in the market - capital drives growth
Pay for your parent's medical insurance - health care
improves
Enable Deadbeat Dads to come clean - or else
Remember this is for every adult U S Citizen 18+ including
the folks
who lost their jobs at Lehman Brothers and every other
company
that is cutting back. And of course, for hose serving in our
Armed Forces.
If we're going to re-distribute wealth let's really do
it...instead
of trickling out
a puny $1000.00 ( 'vote buy' ) economic incentive that is being

proposed by one of our candidates for President.
If we're going to do an $85 billion bailout, let's bail out
every adult U S Citizen 18+!
As for AIG - liquidate it.
Sell off its parts.
Let American General go back to being American General.
Sell off the real estate.
Let the private sector bargain hunters cut it up and clean it
up.
Here's my rationale. We deserve it and AIG doesn't.
Sure it's a crazy idea that can 'never work.'
But can you imagine the Coast-To-Coast Block party!
How do you spell Economic Boom?
I trust my fellow adult Americans to know how to use the $85 billion
We Deserve It Dividend more than I do the geniuses at AIG or in Washington DC .
And remember, The Family plan only really costs $59.5
Billion because
$25.5 Billion is returned instantly in taxes to Uncle Sam.

Ahhh...I feel so much better getting that off my chest.
Kindest personal regards,
A Creative Guy & Citizen of the Republic.

http://www.madjacksports.com/forum/showthread.php?t=339078

Welcome to last Thursday.
 

THE KOD

Registered
Forum Member
Nov 16, 2001
42,553
305
83
Victory Lane
-777

Great Depression Part Duex here we come....

:canada1
...............................................................

wait a minute 777 is my lucky number

I have lost 40% of my stock value in the last 3 months.

:00hour Way to go George W
 

AR182

Registered User
Forum Member
Nov 9, 2000
18,654
87
0
Scottsdale,AZ
the government is stupid. why did they waste that 145 billioin on the economic stimulus package a few months back. could they not see this coming. they sure could use that money now. glad i don't have anything in the market or not securely tucked away.

we're all fcked.

of course they saw this coming...some saw this coming a few years ago.....they used that stimulus package to try to buy the american people....

they all should get fired...we should drive up to wash. in a u-haul & throw them all in it...
 

gardenweasel

el guapo
Forum Member
Jan 10, 2002
40,588
234
63
"the bunker"
How can they not sign the fawking thing.

They are going to throw us into a deep depression.

In Atlanta , try to buy some gas right now. I just drove around 2 hours and have not been able to get any gas !

Its the beginning of hard hard times ahead.

strange thing is,that by not signing this stupid bill,gas prices are gonna fall faster than a turd from a tall cow`s ass...

opec`s gonna take it on the chin harder than anybody else....

anybody notice how oil plunged today?....

http://africa.reuters.com/wire/news/usnN29389346.html
 

dawgball

Registered User
Forum Member
Feb 12, 2000
10,652
39
48
51
Buy stocks now!!! Short term gains only.

Some form of a "bailout" will be passed. The markets will react accordingly.

Reply here and tell me how wrong I was in 1-2 weeks.
 
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