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DOW IN RED DOW IN RED DOW IN RED!!!!!!!!!!!!!!!!!!!!!!!!

 
Anonymous Coward
User ID: 1315838
United States
08/01/2011 12:10 PM
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Re: DOW IN RED DOW IN RED DOW IN RED!!!!!!!!!!!!!!!!!!!!!!!!
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.

Honda 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]
 Quoting: Anonymous Coward 1475729


:joker: That is the other shoe that is about to drop, and probably explains the panic in wanting to pass ANY bill.

:failboat:
 Quoting: General Troll, US Shillitary


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.
 Quoting: Anonymous Coward 1315838


and what are hey doing with this "Debt Deal" ?

Printing more paper!!!!!!!!!!!!!!!!!

banana2
Anonymous Coward
User ID: 1315838
United States
08/01/2011 12:11 PM
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Re: DOW IN RED DOW IN RED DOW IN RED!!!!!!!!!!!!!!!!!!!!!!!!
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.

Honda 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]
 Quoting: Anonymous Coward 1475729


:joker: That is the other shoe that is about to drop, and probably explains the panic in wanting to pass ANY bill.

:failboat:
 Quoting: General Troll, US Shillitary


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.
 Quoting: Anonymous Coward 1315838


and what are They doing with this "Debt Deal" ?

Printing more paper!!!!!!!!!!!!!!!!!

banana2
 Quoting: Anonymous Coward 1315838
Anonymous Coward
User ID: 1490476
Portugal
08/01/2011 01:55 PM
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Re: DOW IN RED DOW IN RED DOW IN RED!!!!!!!!!!!!!!!!!!!!!!!!
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
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Re: DOW IN RED DOW IN RED DOW IN RED!!!!!!!!!!!!!!!!!!!!!!!!
» Reuters Reuters Top News
por BreakingNews
FLASH: House Democratic Leader Nancy Pelosi says she's undecided on #debt limit bill, cites concerns about lack of new revenues
há 1 hora
Anonymous Coward
User ID: 1490476
Portugal
08/01/2011 02:37 PM
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Re: DOW IN RED DOW IN RED DOW IN RED!!!!!!!!!!!!!!!!!!!!!!!!
LukeRussert Luke Russert
por BreakingNews
House Dem tells me #Biden told caucus that #debt deal was "best we could do." "We protected our priorities." Somber tone. Many members upset
há 11 minutos »
Anonymous Coward
User ID: 1458601
United States
08/01/2011 02:41 PM
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Re: DOW IN RED DOW IN RED DOW IN RED!!!!!!!!!!!!!!!!!!!!!!!!
you guys are hustling mainstream lies

inflation is higher than nominal GDP growth and has been for a couple years

we never left the recession
Anonymous Coward
User ID: 1490476
Portugal
08/01/2011 02:43 PM
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Re: DOW IN RED DOW IN RED DOW IN RED!!!!!!!!!!!!!!!!!!!!!!!!
2:38pm | Rep. Darrell Issa (R-CA) tells reporters the debt deal will pass the House with more than 300 votes.


Read more: [link to www.businessinsider.com]
Anonymous Coward
User ID: 1376804
United States
08/01/2011 02:44 PM
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Re: DOW IN RED DOW IN RED DOW IN RED!!!!!!!!!!!!!!!!!!!!!!!!
RED RUM RED RUM RED RUM RED RUM!!!!!!!!!!!!!!!!!!!!!
 Quoting: Anonymous Coward 1490300


lolsign
Anonymous Coward
User ID: 1487640
United States
08/01/2011 02:47 PM
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Re: DOW IN RED DOW IN RED DOW IN RED!!!!!!!!!!!!!!!!!!!!!!!!
Can you explain some of the jargon used in comments and such. What are PMs?

what is shorting??

etc
Anonymous Coward
User ID: 1487640
United States
08/01/2011 02:48 PM
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Re: DOW IN RED DOW IN RED DOW IN RED!!!!!!!!!!!!!!!!!!!!!!!!
what is mark to market?
Anonymous Coward
User ID: 907170
United States
08/01/2011 03:53 PM
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Re: DOW IN RED DOW IN RED DOW IN RED!!!!!!!!!!!!!!!!!!!!!!!!
Fail !!!!! Business as usual carry on.
AlasBabylon

User ID: 1458028
United States
08/01/2011 04:30 PM
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Re: DOW IN RED DOW IN RED DOW IN RED!!!!!!!!!!!!!!!!!!!!!!!!
You perverts were the ones who strayed off topic...
but was it really off topic... when you pervert the
very fundamentals of life... it affects everything
else in your culture including your economic system.
 Quoting: AlasBabylon


stopposting

 Quoting: General Troll, US Shillitary




My post was very profound.




.





GLP