Turmoil in financial markets, FED cuts 3/4 in emergency move

[SUBMAN1]

Originally Posted by Peto

Dreamer.

This said by a person who said that 3500 killed soldiors is great and a drop in the bucket. And then didn't have the balls to retract even a part of your statement.

Join the human race and I may think of you as something above the bigot you appear to be.

EDIT: However, I will agree with you that Greenspan was a Genius. He also has said we're heading for serious economic problems.

Get the hell off your high horse. Your only counterpoint is to point is an unrelated statistic? Intelligence level with you seems to be lacking.

And yes, for a war, only 3500 killed is unbelievable. That is nothing compared to any other conflict in history. THis has nothing to do with the dead themselves - that is a great tradgedy, but a minor one compared to any other point in history itself.

Your pathetic, and an idiot.

-S

[GlobalExplorer]

Originally Posted by Skybird

Yes. Why do you think china and europe are so angry about America not fixing it's problems, instead continuin to live on tic? It is our money you are pulverizing, and it is our economies you pull into the abyss along with you.

This is really not their problem. If Germany and China are living so much from their US exports, we should only be thankful that the Americans seem to like our products. Instead of blaming them we have to do something on our own.

[GlobalExplorer]

Originally Posted by SUBMAN1

And yes, for a war, only 3500 killed is unbelievable. That is nothing compared to any other conflict in history. THis has nothing to do with the dead themselves - that is a great tradgedy, but a minor one compared to any other point in history itself.

Your pathetic, and an idiot.

-S

Surely you'd say it's a gross overstatement of the p.c. and communist media that 500.000 upwards Iraqis have been killed as well? Death is a small price to pay for enduring freedom.

You make me sick. Sitting on your sofa feeling entitled to belittle the death of hundred thousands for your foolish ideas. It's not that hard to understand why Peto dislikes you.

[Peto]

Originally Posted by SUBMAN1

Get the hell off your high horse. Your only counterpoint is to point is an unrelated statistic? Intelligence level with you seems to be lacking.

Not sure about what statistic you're referring to as I didn't put any out there. Maybe it's about Greenspan though.

http://www.nytimes.com/2007/09/17/bu...greenspan.html

Originally Posted by SUBMAN1

And yes, for a war, only 3500 killed is unbelievable. That is nothing compared to any other conflict in history. THis has nothing to do with the dead themselves - that is a great tradgedy, but a minor one compared to any other point in history itself.

I don't disagree with that statement. In fact--I agree with it. History will reveal whether or not their deaths were necessary or if their sacrifice helped improve the world.

Originally Posted by SUBMAN1

Your pathetic, and an idiot.

-S

Fair enough . I took a shot at you I should expect you to return fire :hmm: .

And I've been called worse .

[quote=SUBMAN1][quote=GlobalExplorer][quote=SUBMAN1]

Originally Posted by August

Need to find something that will take 2 to the power of 100 to be able to calculate this.
-S

Try using an Excel spreadsheet. I don't think that even a Windows calculator will go out that far.

[Skybird]

Originally Posted by SUBMAN1

Dumbest idea I've heard out of you yet.

Analyze your mutual funds. You will find some dating back through the Great Depression and still averaged 13% to 14%.

I can see that you will live your life a poor man forever, based on your philosophy's and ideas. One day, maybe you will wake up out of your doom and gloom mindset.

-S

Don't need clues, I'm happy - without stocks and without getting guilty of exploiting my next. The system simply stinks, and that cannot be changed. For materialists and consuming capitalists, this of course is no obstacle that gives their conscience any worries. Pure capitalism does not know conscience, or other non-material implications. It only knows greed for more.

PS. Saving money the old fashioned way as you describe is the path of the poor. Just a little clue for you.

And what is the old-fashioned way that according to you I should have described? :hmm:

If an apple costs one thaler, and you have three apples: how many apples can you buy? You can make it very complicated a calculation and write complete libraries about it, you can make debts and live on tic and call that your wealth, you can spend more than you can earn, and write numbers on notes that have no value, and you can certainly consume everything for yourself and leave nothing for others, or future generations, and the mess you leave behind you can leave for those who survive your own death and need to adapt to the mess you created. sure, you can do that, it is jungle's law. See where it has led the world to. See the mess your nation's and the whole West's finances are.

will you ever pay back your debts on federal, state and communal level? Those famous 9 trillion? You know the answer as well as I do : it will never happen. You even do not care. You call the status quo the wealth of your nation, for you benefit from it not being changed. I call it life on tic. But in an economic computer sim, this would be called the "unlimited money" cheat, or the "God mode". I played Sim City like that, caused it did not hurt anyone. In reality, it is something different with that thing of "not hurting anyone".

what is clever on small, private scale, cannot be that wrong on greater scale. I hardly if ever use a credit card (why should I?), and do not spend mor emoney than I have. that I can expect to have more money available in the future does not chnage the fact that I have not avaiulable the money right now. so I am careful with my spending. That way I may not have a golden ring on my finger and a golden clock around my wrist - but I also have no debts, and nobody being able to point finger at me. And that is a much better feeling than just a golden ring and a golden clock!

[Skybird]

Originally Posted by GlobalExplorer

This is really not their problem. If Germany and China are living so much from their US exports, we should only be thankful that the Americans seem to like our products. Instead of blaming them we have to do something on our own.

It is not exports I was poiunting at. It is international funds and ridiculous sums of money being soaked up by america - and dissappearing there. And some mo nths ago somebody was posting that China should be penalised and declared war on if they ever dare to no longer following that system and abandoning the dollar in order to avoid loosing billions themselves. that certainly makes a lot of sense: first causing somebody billions in losses by economic laissez-faire policies that constantly degreded the trade bilance and exported jobs, and then complaing and threatening war if that somebody dares to protest about his losses.

But I agree that Japan and Germany are very fragile economies due to their heavy dependency on exports. china is something different. They are self-supporting and in all vital production areas they are autark. They must not export, but they do since it raises their soft power, and gives them the luxury of additonal finances. their monumental dollar reserve and the threat it poses to the US is obvious evidence for the efficiency of a strategy aiming at "soft power".

[malkuth74]

Breaking News Stock market up 300 points today. The recession is over!!!:rotfl:

Seriously if you guys would send me 1 dollar for everytime the dumb media tried to scare you (and they do a good job) I would be a billionare!!

The only thing huring america is the oil prices. And eventually the market will fix that.

[Peto]

Originally Posted by malkuth74

Breaking News Stock market up 300 points today. The recession is over!!!:rotfl:

Seriously if you guys would send me 1 dollar for everytime the dumb media tried to scare you (and they do a good job) I would be a billionare!!

The only thing huring america is the oil prices. And eventually the market will fix that.

I'll give you a point for that comment about sending you a dollar ! But you won't get my dollar! I'm not scared of the financial turmoils because I don't have enough money to be scared about. What "concerns " me most this time is even GW is taking action. I suppose it could be an attempt on his part to control the media since nothing else has worked out for him :hmm:.

[malkuth74]

Originally Posted by Peto

I'll give you a point for that comment about sending you a dollar ! But you won't get my dollar! I'm not scared of the financial turmoils because I don't have enough money to be scared about. What "concerns " me most this time is even GW is taking action. I suppose it could be an attempt on his part to control the media since nothing else has worked out for him :hmm:.

Well, if he would leave the market alone it might settle itself. Instead they lowered the interest rate (which if you think about it is what caused the Housing Market problem in the first place, whith people buying Low Vairable rate homes that they could not otherwise afford at the normal rate). And it will also lower the dollar yet again. Sooner that nut gets out the better. Starting to think that we should have 4 year term limits instead of 8. Its pretty ovious that no sane man can take that job for 8 years.

They will also send us maybe 800 bucks. Which is nothing considering if I get it during the winter its going to fill the oil tank for heat. Or it will pay off dept. Which brings me back to original point. If oil prices did not almost triple in 5 years like they did we would not be in this mess.

[Skybird]

Some people's awareness span seems to be stuck at 8 hours. Mind you that none of the basic problems causing the mess of the past months is solved - not a single one.

[August]

Originally Posted by Zayphod

Try using an Excel spreadsheet. I don't think that even a Windows calculator will go out that far.

I didn't say that. Please be extra careful when making multiple quotes

[August]

Originally Posted by Skybird

It is not exports I was poiunting at. It is international funds and ridiculous sums of money being soaked up by america - and dissappearing there. And some mo nths ago somebody was posting that China should be penalised and declared war on if they ever dare to no longer following that system and abandoning the dollar in order to avoid loosing billions themselves. that certainly makes a lot of sense: first causing somebody billions in losses by economic laissez-faire policies that constantly degreded the trade bilance and exported jobs, and then complaing and threatening war if that somebody dares to protest about his losses.

Somehow I doubt the person who said that had anything at all to do with "laissez-faire" policies, but then again you knew that right?

Strawman argument.

[Stealth Hunter]

Originally Posted by JSLTIGER

Just keep in mind that if the US economy collapses, the rest of the world will follow shortly...that's the nature of globalization...

Then I'll go with my father-in-law to Tehran.

[Yahoshua]

If I were you people I'd be more worried about a mass panic among the populace.

Recalling how the Great Depression actually came about was by panic-mongering and the people's overreaction actually caused the stock market to crash. While buying stocks and bonds are all great and wonderful, it'd be worthwhile to also keep some more flexible currency with you; namely gold.

Gold is an undisputed trading standard for the world market and while it may lose some value in a market crash (or gain value, I'm not sure), it is guaranteed to be worth SOMETHING more than a piece of green cotton-paper.