DOW IN RED DOW IN RED DOW IN RED!!!!!!!!!!!!!!!!!!!!!!!! | |
Anonymous Coward User ID: 1315838 United States 08/01/2011 12:10 PM Report Abusive Post Report Copyright Violation | No one is also considering the fact that most companies are giving their second quarter earnings this week along with the weekly job numbers are coming this week. If the debt deal falls apart that is the least of the worries on Wall St. Quoting: Anonymous Coward 1475729Honda is reporting HUGE loss last quarter. (due to Japan and other things)----its still not looking good. THIS IS JUST ONE COMPANY. [link to www.freep.com] :joker: That is the other shoe that is about to drop, and probably explains the panic in wanting to pass ANY bill. :failboat: Things are 10 times worse than this. Remember they changed the accounting rules so no one has to mark assets to market. If they had to "Mark to Market" the whole world is bankrupt. It's called extend and pretend. Problem is evertone is starting to see through this paper facade and are going to assets like Gold. Alot of people say buy real estate which is a the wrong move because it's value is based also on paper (what ever the bank will underwrite it for, plus you have to pay taxes on the Gov/s assessed value and not it's true value = paper dream). So grab your ankles or kankles which every you may have and get ready for the SHTF. It's coming because the paper printer can only print so much paper. and what are hey doing with this "Debt Deal" ? Printing more paper!!!!!!!!!!!!!!!!! |
Anonymous Coward User ID: 1315838 United States 08/01/2011 12:11 PM Report Abusive Post Report Copyright Violation | No one is also considering the fact that most companies are giving their second quarter earnings this week along with the weekly job numbers are coming this week. If the debt deal falls apart that is the least of the worries on Wall St. Quoting: Anonymous Coward 1475729Honda is reporting HUGE loss last quarter. (due to Japan and other things)----its still not looking good. THIS IS JUST ONE COMPANY. [link to www.freep.com] :joker: That is the other shoe that is about to drop, and probably explains the panic in wanting to pass ANY bill. :failboat: Things are 10 times worse than this. Remember they changed the accounting rules so no one has to mark assets to market. If they had to "Mark to Market" the whole world is bankrupt. It's called extend and pretend. Problem is everyone is starting to see through this paper facade and are going to assets like Gold. Alot of people say buy real estate which is a the wrong move because it's value is based also on paper (what ever the bank will underwrite it for, plus you have to pay taxes on the Gov/s assessed value and not it's true value = paper dream). So grab your ankles or kankles which every you may have and get ready for the SHTF. It's coming because the paper printer can only print so much paper. and what are They doing with this "Debt Deal" ? Printing more paper!!!!!!!!!!!!!!!!! |
Anonymous Coward User ID: 1490476 Portugal 08/01/2011 01:55 PM Report Abusive Post Report Copyright Violation | 1:44pm | Cantor pushes back on revenue. Spokesman Brian Patrick e-mails: "At a press conference this afternoon, Senator Reid claimed that Leader Cantor said revenue could be a part of the joint committee. Nothing could be further from the truth. As Leader Cantor has said since the beginning of this debate, House Republicans will not agree to tax increases. Period. Senator Reid's claim is absolutely FALSE." Read more: [link to www.businessinsider.com] |
Anonymous Coward User ID: 1490476 Portugal 08/01/2011 02:00 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 1490476 Portugal 08/01/2011 02:37 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 1458601 United States 08/01/2011 02:41 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 1490476 Portugal 08/01/2011 02:43 PM Report Abusive Post Report Copyright Violation | Read more: [link to www.businessinsider.com] |
Anonymous Coward User ID: 1376804 United States 08/01/2011 02:44 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 1487640 United States 08/01/2011 02:47 PM Report Abusive Post Report Copyright Violation | |
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AlasBabylon User ID: 1458028 United States 08/01/2011 04:30 PM Report Abusive Post Report Copyright Violation | You perverts were the ones who strayed off topic... Quoting: AlasBabylonbut was it really off topic... when you pervert the very fundamentals of life... it affects everything else in your culture including your economic system. My post was very profound. . |