If you believe Cramer, we are staring into an abyss worse than 1,000 9/11's. Worst than 100 Pearl Harbors. We're on the verge of something that could take down America, and the world, and change your life forever. All wealth gone. People fighting in the streets. Governments overthrown. Money worthless. You know, just another day.
When a perma-bull like Cramer is talking about the end of the stock market and anarchy, I take note. Because it truly could be the end, or it could be the bottom.
Speaking on the upcoming bank nationalizations:
"If you wipe out the preferreds and the bonds, though, you know I believe the stock market will simply evaporate. That's how critical it is. I think that we could be down several thousand points on the wrong move"
And check out this depressing video
Posts
71 comments:
Will another Great Depression Happen.
Do you remember in history class the when your teachers told you that during the Great Depression it was cheaper for the farmers to slaughter their pigs then to feed it.
http://www.maderatribune.com
/news/newsview.asp?c=249443
Local dairies culling herds
Without a plan to bolster the dairy industry, operators around the country are expected to sell more than 1.5 million cows at beef auctions because they cannot afford to feed them.
In the last 21 days less productive but otherwise healthy cows have been removed from dairy herds and auctioned throughout the state, and Madera is no exception.
http://www.pbs.org/wgbh/amex
/dustbowl/timeline/index.html
Over 6 million young pigs are slaughtered to stabilize prices With most of the meat going to waste, public outcry led to the creation, in October, of the Federal Surplus Relief Corporation.
Will another Dust Bowl happen like during the Great Depression.
http://www.nytimes.com/2009/02
/22/us/22mendota.html?hp
The country’s biggest agricultural engine, California’s sprawling Central Valley, is being battered by the recession like farmland most everywhere.
But in an unlucky strike of nature, the downturn is being deepened by a severe drought that threatens to drive up joblessness, increase food prices and cripple farms and towns.
“People are saying, ‘Are you a third world country?’ ” said Robert Silva, the mayor of Mendota, which has a 35 percent unemployment rate
Fannie Mae stated they would have their shar price above $1/share by May 11, 2009 to avoid being delisted from NYSE. Will it happen? That would be 100% increase from current share price.
"Fannie Mae Advises NYSE of Intent to Meet Continued Listing Standard"
http://www.marketwatch.com/news/story/fannie-mae-advises-nyse-intent/story.aspx?guid=%7BE86BEE62-B3D9-44B3-80DD-473F6C277697%7D
Got to give Jim one thing, he is really sticking to his meds. When he first started on his new prescription(s,) I was quite shocked how calm he was on the tube. Now I'm wishing he would go off the drugs and go crazy again. Either way he'd still be an incompetent A$$, but much more enjoyable.
This man is incompetent, plus why would anyone take him seriously? His record speaks for itself (just google his record up).
This just confirms my thesis: Cramer is, and always was, a shill for the big financial institutions.
Cramer is one of the unofficial David Lereahs of Wall Street.
Cramer is attempting to put the fear of God into Geithner and Summers so that they don't take the means of enslavement from entrenched monied interests.
He talks as if the nationalization plan involves nationalizing the entire financial system, a truly horrifying proposal - but it doesn't.
Nationalization would only occur for Citi and Bank of America and maybe a handful others.
Goldman Sachs would not be nationalized. Bank of New York Mellon would not be nationalized. Almost all smaller regional banks will not be nationalized. Most banks will not be nationalized.
After 'nationalization', 90% to 95% of the financial system will remain intact.
Cramer is simply fear-mongering.
Honestly, since this is Cramer making the prediction then the reality is...
DOW 15,000 by the end of the year.
lol
Cramer is a clown. Why do you listen to this guy? His role is to entertain people. His investment advice has always been shit and so is his advice on the banking crisis. Bondholders need to be wiped out along with the stockholders. Fuck annuities and insurance policies, those are scams anyhow. Maybe the government can bail out certain individual cases.
"The Fed has NO IDEA, NO IDEA, NO IDEA what's going on. NO IDEA!"
Kramer, early 2008.
Sorry Asshole, you have lost all credibility whatsoever. Go back to trading bonds or whatever it is you do. And put some more dulling wax on your head before you get in front of the camera lights, that reflecting glare is giving me a headache.
-Mike H.
Wipe out the big player's investments and all hell breaks loose? F*ck the big boys. They have been stealing from us for decades.
Let the banks fail and be nationalized thru the FDIC. The collateral damage to the bondholders will suck for them, but they can take care of themselves, or beg the gubmint to take care of them.
Regardless of what happens there will be another wave of gubmint intervention.
Cramer must be planning to short the Dow this week and so is making this announcement to help it along.
Cramer is short.
here's someone recommending buying aggressively
http://www.cnbc.com/id/15840232/?video=1028306933&play=1
I'm just wondering whether Cramer is trying to move the market down because he's decided to short the market now that he's been wrong everyday for months about his calls of a "bottom"!
without the financials Cramer is nothing. That's his whole world and he's trying to protect it by scaring the crap out of everyone
the idiots who have been calling up his show yelling "boo-yaa" for the past 8 years are the ones who will get wiped out in case of nationalization, the rest of us will be much better off
Oh yeah try to scare people to benifet your short positions.everyone and there brother is short now.
So, do we really need the stock market? Could we survive without it? Just askin'...
Whew! I am so relieved. I was starting to worry about a market meltdown and social upheaval. This is convincing evidence that it won't happen. He's never predicted anything right yet.
I actually just viewed the video. A couple of things:
1) looks like he's now saying what many folks on this site have been saying: social unrest. he even goes as far to say "insurrection", if we nationalize and stock holders get wiped out, along with pension funds and insurance companies who hold the preferred stock. i just don't believe him on this latter claim. just fear mongering so some semblance of the finance industry can be maintained and he can keep his livlihood for another 20 years.
2) having said all this, i agree with him that the banks should not be nationalized, but not for his reasons. they should be allowed to go bankrupt and then reorganized, just like we should do with the auto companies.
RE: FLASH: Cramer says a crash in the Dow to 3,000 and social insurrection is on the table, and that the stock market could "simply evaporate".
Is Cramer saying that Wall Street is guilty of massive deception?
Does this mean that big mutual funds, financial planners and Wall Street brokers dumped pure, unadulterated garbage into most portfolios?
Does this mean that most of the investments that were masquerading as "safe" are fraudulent?
What about money entrusted to the "too-big to fail" banks and "insured" municipal bonds? Are these investments all worthless too?
I'm shocked, shocked to find that such treachery has infested the financial system of the United States of America.
P.T.
Heh Heh. Cramer is much too optimistic. I predict it won't be over until the Dow is under 1500.
Paul E Math said:
"He talks as if the nationalization plan involves nationalizing the entire financial system, a truly horrifying proposal - but it doesn't.
Nationalization would only occur for Citi and Bank of America and maybe a handful others."
Sure, just like the ol' "I'll only put the head in".
If you think the Obama administration will stop at partial nationalization, I have some prime investment properties in Vegas for you. This is a war on the foundations of our financial system, and you'd damn well better wake up and see what the lefties are up to. Unless of course you prefer the economics practiced in Cuba and Venezuela.
oh yes, the common, preffered, and bond holders will be wiped out.
it is enivitable and the only way to clean up this mess.
silly silly people. Cramer is worried about wiping out all bank holders will cause a depression?
we have been in a depression since December 2008.
DEC 2008
I fail to comprehend why life without the stock market would necessarily be a worse place. They would still have Vegas except they'd have to gamble with their own money. Money managers have no credibility. Cramer can whine all he wants.
What good will it do to nationalize a banking model that is inherently flawed to begin with?
Fractional reserve banking only works if you have a adequate reserve to begin with. Fanny and Freddie are around 200/1 reserve ratio so how would the government magicaly make things better?
The system is broke and there is not enough money in existance to prevent it's collapse.
The EU is in far worse shape than the US. Nationalization of a global system will end up being financial serfdom.
The Boston Globe website, Boston.com, has a great comments thread on bailing out home debters - see url below. A couple of hundred comments, most of which are against the bailout. Now, when the people of Massachusetts start dissing free money to free loaders you know something big is happening in this country!
http://tinyurl.com/aov8jx
Its gonna get real ugly really soon across the pond.
http://tinyurl.com/c8m2gw
I thought Cramer was so happy when the interest rate was lowered ... how the tides have turned.
Now, he realizes that nothing will save this sinking ship.
"Boo-yeah" ... start pounding those fists Cramer.
Initial response to Obama's plans to keep homedebtors paying a reduced mortgage has received a cool response from the 3% of the population that Obama's plan seeks to entice. "Just $1000 per year is simply offensive" said one mortgage reduction recipient.
The new president's administration is reacting quickly to this news and has feverishly been working on additional incentives. Stating “There is no way we are going to allow these important people to sink into foreclosure.”
Corporate sponsors have offered to kick-in and help. Pizza Hut will offer 2 free pizzas per week to the chosen few for as long as they continue to pay their new reduced mortgage payments. Wal-mart will offer free oil changes every 3000 miles and a weekly 10% off coupon. Supercuts will give half price hair cuts.
Communities are going to pitch in as well. The Boy Scouts will give free car washes every Saturday to those receiving tax payer funded mortgage reductions. The Girl Scouts will clean houses twice per week in an effort to keep those payments flowing. Scouting representative said Scouts will get a merit badge for every mortgagee they entice to stay current on their mortgage for a year.
Still, reactions are tepid at best from the mortgage reduction crowd, dubbed "The 3%". They counter that cold hard cash talks louder than free car washes or free maid service and weekly pizzas. A spokesperson for the 3% said they hope to iron out a new revised amount of $10,000 per year with the Obama administration soon. They are also requesting more corporate contributions.
Said the 3% spokesperson:
"This will not be easy for our members to pay the reduced mortgages on time each and every month, but we are committed to doing our part provided the Government gets realistic about the incentive compensation".
For once, Cramer is right. We are headed to a worthless currency, this year.
Joe M.
House of pain bitches! He'll be yelling buy buy buy at the first uptick.
It's looking more and more, like not only are we getting the economic collapse, but also and socio-cultural collapse as well. You know we've been inundated with stimuli like violence, greed, sexual weirdness and self-indulgent insanity for so long now, it must be time for all this crap to blow.
Does anyone trust anyone anymore? Our so-called political leaders do nothing but lie to us, our financial system is a great-big fraud, insurance and health-care is a rip-off, the entertainment industry is one huge boring ego-trip, the sciences are giving us conflicting information about global warming, the arts are all run by a bunch of bureaucrats and privileged assholes, the armed forces are stealing us blind through the military industrial complex, etc.........
........I'm sure I forgot something, the point is, either this normal human activity and I'm just now figuring this-out, or, we're toast?
He's right, if they nationalize everything and wipe out the shareholders AND the senior debt holders as well, then no investment is a "vestment" anymore, just a bet.
Total and complete collapse. Everyone goes to gold.
Oh yeah didn't I say that before?, sounds like Cramer read my previous post...
"...see what the lefties are up to..."
Amen, brother.
Thank goodness it is so different on the right.
When people like this predict the end of their world, they are usually right. Jim Cramer is dead, and he just doesn't know it yet.
" Financially Clueless said...
So, do we really need the stock market? Could we survive without it? Just askin'..."
Excellent question. This maniac idea of turning every American into a shareholder (i.e. a gambler)is the downfall of the US.
The word "liberty" is stamped into every coin in America. Perhaps the Fed should start stamping "responsibility" onto the other side.
Financially Clueless said:
"So, do we really need the stock market? Could we survive without it? Just askin'..."
There have been many periods in history with no functioning financial markets. They are usually called Dark Ages.
OooooBaaaamy!
Gimme Cheese.
"You know we've been inundated with stimuli like violence, greed, sexual weirdness and self-indulgent insanity for so long now, it must be time for all this crap to blow."
People who worry about other people's sex lives fascinate me. It's just funny.
Get a sex life of your own and stop worrying about what other folk do with their ding-dongs, OK?
Is he still on goldmans payroll?
I wonder if abby still blows him after tapeings of the show?
Anonymous said...
Corporate sponsors have offered to kick-in and help. Pizza Hut will offer 2 free pizzas per week to the chosen few for as long as they continue to pay their new reduced mortgage payments. Wal-mart will offer free oil changes every 3000 miles and a weekly 10% off coupon. Supercuts will give half price hair cuts.
Add Lowes and Home Depot to the list. There will be free granite, maple, travertine and hickory offered as incentives to make the 3% feel "as good as" their more affluent neighbors. A house without granite is a house not worth paying for.
it's not the bottom. not even close
>A house without granite is a house not worth paying for.
It's not even worth stepping into. We're above than that you know.
"There have been many periods in history with no functioning financial markets. They are usually called Dark Ages."
It sounds like you are saying there can be no civilization without a stock market. Why is that? I don't believe it.
I think the market exists for the thrill of wealthy high rollers and is just their little playground, while the rest of us are the pawns in the game. I say let the market go to shit. How will the average American be hurt?
it's called short selling; companies borrowed; bought back stock; stock holders were happy. that cycle is broken. "investors" (401k's) don't have the cash to keep the system exponentially growing. what's not viable simply isn't viable.
This is really highly entertaining! The whole system is based on entertainment: Give the sheeple something to talk and argue about, divide and conquer!
Cramer is a miserable entertainer--one of thousands of buffoons out there whose job is to keep the sheeple from getting too bored and--God forbid--from being tempted to go out and do something about it all!
Many posters here seem to be concerned that the "lefties" are out to wreck the foundations of capitalism and the republic. I believe they are being honest about what they are feeling right now. But the problem is that they are giving too much credence to Obama and his administration. If they honestly think that the economy could be damaged by a bunch of liberals in the White House and Congress, their fear is simply misplaced, for there isn't anything that neither the liberals, nor the conservatives can do to at this moment in history, either to salvage, or to further damage the economy. In other words, we are doomed, no matter what!
THE DAMAGE HAS BEEN DONE! IT'S NOW IRREVERSIBLE. NO ONE HAS THE GUTS TO SAY IT. NO ONE IS BOLD ENOUGH TO RE-BOOT THE SYSTEM AND TURN THE PAGE ON AN ERA IN OUR HISTORY THAT IS STUBBORNLY COMING TO AN END.
Sorry folks, but I have been consistently saying this, even when some posters on this very blog saw a bottom three months ago!
So keep bickering, if that makes you feel better. And good luck!!
Come on folks, Jim Cramer is an impartial observer with no vested wall street interests whatsoever.
Anonymous said...
Corporate sponsors have offered to kick-in and help. Pizza Hut will offer 2 free pizzas per week to the chosen few for as long as they continue to pay their new reduced mortgage payments. Wal-mart will offer free oil changes every 3000 miles and a weekly 10% off coupon. Supercuts will give half price hair cuts.
--------------
Need to throw in a Vegas junket, 20 acres and a mule.
Anyone know where I can get 20 acres and a mule?
what does the stock market do anymore. couldn't capital be raised by other means? What does owning shares in a company do for me? What does it return in real terms? The market is 99% ponzi. Sometimes you would get a dividend that is worth the price to the growth. Or maybe you wait for a buyout.
Let it crash!!
Folks, what we have now on TV is a bunch of fake characters, like they play on movies, because that's the way to keep some ratings. Look at how Glen Beck did a 180, from being a gov bootlicker to now trying to play Che Guevara. That tool isn't fooling me. Just look at how the idiotic Olbermann plays an enraged Bushco-hater to please his new brainwashed lefty audience. That freak couldn't care less about Bushco...it's all about money and keep some rating to hang on to the stupid job. The entire MSNBC did a 180 and now became a Hunffington-Dailykos outfit, just to feed the liberal retards. Faux News the same $hit.
It's so pathetic that, even though their Messiah, has continuing the same Bushco policies, they choose to look to the other side, like it doesn't exist.
Maybe they should tell people they're going to hoard money when they collect donations? http://www.msnbc.msn.com/id/29331853/
Well Jimbo, your doomsday scenario doesn't look that bad, really, as you mention "a word without insurance, credit cards, and annuities".
Hell yeah, that sounds great to me! Let the banks fail and take all that Ponzi with them. Who needs the Ponzi annuities anyway? What about insurance that never pays when you really need them? Pfff...I won't even touch the credit card (serf's iron ball).
Sorry Jimbo, your scenario looks pretty good to many of us. Let them die.
You know we've been inundated with stimuli like violence, greed, sexual weirdness and self-indulgent insanity for so long now, it must be time for all this crap to blow.
That's a strategy played by the NWO to censor the Internet. They censor the Internet and domesticate you by justifying that it's done for the "children". It's always the children, but meanwhile they're dumping trillions in debt for the children to pay later in the future. Funny how that works. So next time the NWO and their corrupt MSM bootlickers come selling the "it's for the children" charade, you know they're in reality sticking up your a$$.
Now the gov's been placing Marines to work alongisde with the CHP in California at DUI checkpoints. That's a mind control to domesticate you, so you can get used to see military in the streets, checking your papers. You already see the military checking bags at events. If people complain, they justify by saying" The military is doing a good thing, they're keeping the roads safe from drunk drivers. Or they're keeping you safe from bogeyman terrorist at the football game or concert. Do you have anything against them making you safe?" Do you see how the mind game works?
Soon enough you'll be so domesticated that you won't even mind when the military stops you in the streets to pad you down and ask for papers, just like during Hitler and Mussolini's fascism, and just like they're doing already at airports.
You better wake up people, because they're already trying to censor Australian Internet just like they do in China, by blocking sites, and alleging that it's "to protect the children". Sites like Keith soon will be blocked in Australia...and then here in the US.
Pay attention to the show "Big Brother" created in England. That show is a mind control for Brits and other foreigners to get used to be monitored all the time. By the time they put a ID chip on you or a camera inside your a$$es, you'll be so domesticated that you'll accept it gladly, thinking that it's a good thing.
These NWO freaks are domesticating all of you into obedient slaves. And they're coming for your guns, too, so you won't put up a fight to their tyranny. They've done that in Australia already. They sell the idea that owning a gun is "barbarian", no "educated people should own a gun"...meanwhile they're arming themselves to the teeth.
In England, they transfer taxers from taxpayers into Israeli security companies that install and control all those cameras in the streets. They say that it's to protect Brits from the ooohh-so dangerous-bogeyman terrorist. However, during the fake terrorist attacks at the subway and double-decker bus in London, in 2005, none of those cameras were working to give details about the attack. So tell me again why are you paying the Israelis for those? Funny how that works.
The new one being sold to the sheep in the US is to put GPS on cars, alleging that you'll be paying taxes for miles driven...you know, "to protect the environment and Al Gore's polar bear". Do you see a pattern here?
The sheep is so domesticated already that they aren't even contesting how their Messiah has been carrying out the same Bushco policies they once hated. Just pay attention to them: Raytheon's lobbyist to run the Pentagon, kept foreign secret prisons open, not closing Gitmo (just transferring inmates to secret prisons), increasing troops in Afghanistan and bombings in Pakistan, bailouts to bankers, billions in pork, not changing NAFTA terms as promised during the campaign, etc. The sheep just avoids the subject when you confront them with the evidence. Not much has changed since campaign promises. And the Messiah keeps campaigning, using the same strategy of deliviring promises bu tdoing something else instead. Case in point, after spending trillions in bailouts to crooks, he's now making speeches og how he'll cut the deficit in half. How that can be possible if he's spending trillions and trillions? But the domesticaded sheep watches his speeches and believes.
Folks, we're in deep trouble with our rights. People are so domesticated that they don't even protest anymore...just for cartoons about monkeys.
we started to go to shit when we stopped calling people citizens and started calling them consumers.
The democrats have nothing buy your own money to offer. The Republicans have nothing but your own anger to sell you.
I just have these to say to Cramer:
"The house of pain ...growlll..ding ding ding all aboard!...hooga hooga...mooooo mooooo...they know nothing!...
If Cramer thinks the market's about to crash then it's probably close to a bottom. I mean, when has he ever been right? The guy's a clown, doing market analysis as comedy.
Off topic...Anyone read Barron's. Here's my reply to their cover story...
Sir- I read you Barron's Plan with great fright. The only thing more scary is the fact that you are claiming that 50% of respondents agree with your plan. I find that amazing in that it appears that you and half of your readers do not understand the housing market problem. I would assume someone in your position would be well read, but you greatly miss the nature of the problem. The problem does not only reside within the sub-prime sector of the mortgage industry. That is a rear view mirror perspective of the problem. The true problem falls within the prime, near prime, alt a, stated income, liar loans, second / third trust deeds and subprime. To define a solution that addresses only the subprime market is narrow minded at best. Furthermore, pushing the pain onto the tax payer is quite simply socialism. You claim not to be a socialist, I suppose technically you can offer socialist solutions without being a socialist, but you are walking a fine line.
You appear to be looking for a solution. In your search, I would refer you to Alan Abelson's article in this week's Barron's. If you look at those charts you will see that home prices are still at elevated level. Attempting to support artificially high housing with tax payer money is Washington type policy at it's worst. If you are truly looking for a solution, I would refer you to those who "own" their homes. How about penalizing those that choose to walk away from their homes? 1099 those that walk away with extraordinary income on the difference between their notes and what the home sells for under a short sale or foreclosure. Furthermore prosecute those that trash the house prior to leaving. These types of policy will make people think twice before simply walking away. In doing so the number of people that walk away will be reduced and the burden will remain where it belongs, with the people who signed binding contracts. Beyond that, as housing returns to long term trend lines, the market will find stability. Sure some financial institutions will go away in the process, but that's nature of the business when you do not manage risk. Let the mark cleanse itself.
Regards,
Tom
Looks like the Dow and an ounce of gold will soon cross paths. Just lovng Jimmy Carter's second term, how about you?
Don't you think Cramer's begging for more money to be given blindly to Wall Street types? Yeah, things are bad,and clearly the market is going down. All Obama can do is soften the blow, and the markets have to go down, just like housing prices, and it has to reach bottom. Banks are insolvent, stock is worthless, okay okay we get it. It happened before and while it was difficult, it will eventually get better.
A collapse of the financial system is inevitable. All fiat money systems throughout history have collapsed.
I don't think we can turn back the clock by dumping billions of dollars into the Ponzi scheme.
We are witnessing the struggle to preserve the old status quo. A realistic approach would be to stock up on essentials and think about how you and your family can get buy for a few months if things break down.
HI TOOLS!!!!
THIS IS YOUR SIGNAL TO BUY!!!!
I AM BUYING ALL THE SHIT!!!!
BAC!!!!
GM!!!!
GE!!!!
F!!!!
OPTIONS!!!! LEAPS!!!!
YEAH . . . WRONG!!!!
EVEN THOUGH THIS PALOOKA CRAMER IS SAYING SELL SELL SELL, I WILL CONCUR, IT WILL CONTINUE TO DROP!!!!
I AM ONLY TEMPTED TO BUY BECUASE OF HIS BEAR STERNS FIASCO!!!!
CHECK COMMENT, I AIN'T BUYING A MOTHER LOVING THING TOOLS!!!!
EITHER WAY, CRAMER IS A TOOL!!!!
I'M OUT, SORRY I HAVEN'T BEEN AROUND TO HARASS, WORKING 6 DAYS A WEEK!!!!
BYE FOR NOW!!!!
TOOLS!!!!
DOLTS!!!!
DOPES!!!!
Just bought a 12-pack of bootysweat at 7-Eleven. Pfff, some recession.
Let it go folks, after my previous posting above, I found this proposal below on today's news. Didn't I tell you it was coming? And sure enough, it mentions that it's "for the safety of children". Do you see the mind game now? Read it:
(CNET) -- Republican politicians on Thursday called for a sweeping new federal law that would require all Internet providers and operators of millions of Wi-Fi access points, even hotels, local coffee shops, and home users, to keep records about users for two years to aid police investigations.
The legislation, which echoes a measure proposed by one of their Democratic colleagues three years ago, would impose unprecedented data retention requirements on a broad swath of Internet access providers and is certain to draw fire from businesses and privacy advocates.
"While the Internet has generated many positive changes in the way we communicate and do business, its limitless nature offers anonymity that has opened the door to criminals looking to harm innocent children,"
"Keeping our children safe requires cooperation on the local, state, federal, and family level."
http://tinyurl.com/d7ph3b
I told you. Do you believe me now? First they introduce this bill "for the children's sake" to domesticated you with the idea, then they add to it later on for censoring sites like Keith's. Next is confiscating your guns, military on the streets to check your RFID National ID, cameras everywhere, GPS in your car to pay taxes on miles driven and check your location at all times, World Central Bank to collect carbon taxes and transfer it to the global elite.
You're being domesticated, people. Don't be European or Australian, fight for your rights, fight these freaks who want you as serfs, so they can enjoy a rich lifestyle at your expense.
There isn't a 2-party system. These crooks are playing for their single shadow government, which is a World Government. They're passing all the same bills hush-hush, always against your rights. This financial crisis was engineered to pass their agenda faster. Watch for a proposal of a World Central Bank coming up.
"...Democrats have nothing but your own money to offer... Republicans...nothing but your own anger..."
VERY well put, Sir.
To the anon poster who's talking about the govt putting in the infrastructure to track and surveille us: You are absolutely right.
The people of this country have to wake up to the surveillance society that's being set up, particularly by the Department of Transportation: black boxes in cars, red light cameras, ez pass electronic tolls, photo license plate recognition, etc. They are getting all their tracking and surveilling ideas from the UK.
We need to fight back.
Re the surveillance theory:
Don't forget Google which is tracking and reporting the health issues people look up on the internet.
Big Bro IS watchin'!
Britain faces summer of rage - police Middle-class anger at economic crisis could erupt into violence on streets
http://tinyurl.com/cjw7k2
Get a sex life of your own and stop worrying about what other folk do with their ding-dongs, OK?
Like the original poster, I don't give a flak about people's sex lives. BUT, he was referring to their wierdness and the fact that it is advertised so blatantly today.
Do whatever you want with your ding-dong (stick it in a blender for all I care) just stop pushing it into our kids faces, OK! Just because you have a personal hang up or fetish doesn't mean that the rest of us really want to know.
"It sounds like you are saying there can be no civilization without a stock market. Why is that? I don't believe it."
I didn't say "stock market", I said financial markets. Financial markets are needed to allow normal commerce and the trappings of civilization. Do you like to barter? Would you like to haggle for an hour a day buying groceries? Do you want to live in a yurt? If you answered yes, then maybe you don't care about markets. Peace-out dude.
"I think the market exists for the thrill of wealthy high rollers and is just their little playground, while the rest of us are the pawns in the game. I say let the market go to shit. How will the average American be hurt?"
If you believe this, then you are a dumbass. Please get an education of some kind. At least read a basic economics primer before posting here again.
Post a Comment