Anybody else on market watch today...

[SINthysist]

Four more points and back to 8,000.

Will we make it?

NASDAQ at a five year low.

 

[Dixon Carter Lee]

Yeah. Looks like this is the end.

Just like last time.

 

[SINthysist]

End of the recession?

Probably since I have argued stringently and stridently that we were overvalued (lack of character and morals at all levels of our society) and that a HUGE correction was in order in order to progress.

End to moral relativism? We can only hope. But you keep fighting for your side…

 

[Dixon Carter Lee]

You have a purty mouth.

 

[SINthysist]

I am sure that completely discredits the discussion now.

You've been gone all week (unless you've been trolling again) and have missed the discussion on the left and their manners. But that's why we HAVE stereotypes don't we?

 

[sunstruck]

Oh, well if you agrued stringently AND stridently we should be fine.

I'll alert the local soup kitchen.

 

[SINthysist]

On the rebound now...

Soup kitchen feeds about same amount day in and day out except for holidays. I asked. Honest Injun!

 

[Dragon Dreamer]

End of the recession?

Probably since I have argued stringently and stridently that we were overvalued (lack of character and morals at all levels of our society) and that a HUGE correction was in order in order to progress.

End to moral relativism? We can only hope. But you keep fighting for your side…

I have yet to see a realistic correlation between what was a bubble enviroment of overheated stocks on the Nasdaq and a lack of character and morals in society.

 

[RhumbRunner13]

I have yet to see a realistic correlation between what was a bubble enviroment of overheated stocks on the Nasdaq and a lack of character and morals in society.

Bill Clinton?

Rhumb

 

[SINthysist]

Well, if you seem to think cooking the books is a bad thing, then a LOT of people in a LOT of companies suffered from a moral breakdown. When your leader parses "is," I tend to think it has become an endemic problem.

My quote form last week.

When there are no standards, then any standard will do.

If you will not hold one man to a standard, you cannot hold the next to a standard.

 

[Dixon Carter Lee]

And you thought the Andra Jenny Show was pretentious.

 

[SINthysist]

It was a good show and got the submariner to shut up with his nasty attacks.

But I'll give you credit,

by working so hard to make me look bad (since I obviously cannot do it on my own),

You make yourself look REAL good...

 

[brokenbrainwave]

why is the song "free falling" going through my head. I am just wondering how low the NASDAQ is going to go, 1000, 500??? Alas, we are reaping what we have sown....

 

[SINthysist]

Tom Petty. Who would have guessed?

He rocks w/o glamor...

 

[Dixon Carter Lee]

I've sown brocolli. I even spelled it right this time.

The stock market is fine. A year from now you won't even remember this. And AJ will still be pissing that democrats refuse to debate his genius. It's all part of the Circle of Life, Simba.

 

[SINthysist]

I have never claimed to be as bright, as witty, as talented as yourself. Never claimed to be as morally challenged either. Let's see you recite the pledge with a straight face...

 

[SINthysist]

Weren't one word quips working?

You're up to complete sentences.

You're working too hard...

 

[Dragon Dreamer]

Well, if you seem to think cooking the books is a bad thing, then a LOT of people in a LOT of companies suffered from a moral breakdown. When your leader parses "is," I tend to think it has become an endemic problem.

My quote form last week.

When there are no standards, then any standard will do.

If you will not hold one man to a standard, you cannot hold the next to a standard.

Umm, the fact that their stock is crashing, they are losing their jobs, the companies are failing or hurting for what they did IS holding them up to a standard.

Besides there are literally Thousands of companies on the listed exchanges, taking less than a dozen examples and saying that they are not the exception, but the rule, is unfounded and innacurate.

 

[sunstruck]

Bill Clinton?

Rhumb

Let it go.

Who's arguing that there is a corelation? That makes no sense.

 

[Dixon Carter Lee]

How many different topics would you like to discuss?

Pick a dementia, any dementia.

And the haikus are keen.

 

[brokenbrainwave]

I didn't ask who sang it, hell I am old enough to know that SIN

and a yr from now I hope the market is fine, but I have my doubts. Based upon a shrinking tax base, not matched by shrinking budgets; stagnent home sales; IR's will be forced upwards for banks cannot afford to make loans at these rates(at least not risky ones); and I am just curious how these financial "scandles" will affect consumer confidence. As close as most families live to the edge of ruin, we'd better hope it turns around.

 

[REDWAVE]

Systemic failure

The recent massive wave of financial scandals and the decline of the stock markets both are indicative of the systemic failure of the capitalist system. As the means of production become more and more extensively developed, the rate of profit inevitably falls. Capitalists then have to resort to financial parasitism in order to make money.

DCL reminds me of that supremely ironic moment in "Cabaret" when Liza Minelli sings that cheerful, joyous song about life being a cabaret-- just when the Nazis are about to take over. Keep singin' your tune, DCL. The stock market is fine, the economy is fine, our freedom is in no danger, Britney's tits are real, etc.

Recession and war inevitably lead to revolutionary upsurges . . .

 

[Dixon Carter Lee]

Sheesh. Again with the Nazis.

I read "Berlin Stories", the basis for Cabaret, and it clearly illustrated the Germany of the early 1930s. You are a M-O-R-O-N to continue inferring an analogy between that place then and this place now.

Even AJ isn't that stupid.

 

[WriterDom]

Last I looked it was back to 9080. Seems like each time it approaches 9000, the buyers come in.

 

[REDWAVE]

Really, DCL?

Really? Seriously, DCL, I see a lot of parallels between the U.S. today and Germany in the early 1930's. Of course, the parallels aren't exact. History never repeats itself exactly. But certain patterns do repeat. The combination of global recession, war, growing protectionism leading to trade war (Bush's steel tariffs-- remember Smoot-Hawley?) and an unprecedented assault upon our basic democratic rights, adds up to an situation very similar to that of the early '30's, when the dark clouds of fascism were building.

But it is not too late to stop them, brothers and sisters.