Surprise rate cut early Friday morning before the markets open-you heard it here first.
You know the thing that is messed up is this. They are cutting rates when they need to be raising them. This will make the crash all the worse. The USA is in a depression. If they keep cutting rates, it will become the worst depression in history.
Quoting: Anonymous Coward 291612
Cutting interest rates will not cause the crash or the depression.
The next major terrorist attack on America will do both.
astrolabe User ID: 356775 United States 1/16/2008 11:20 PM
"And the pine box is victory as long as the enemy is in it."
Good luck keeping straight just who that is.
Quoting: Anonymous Coward 52921
Merely a matter of proper discernment. Handguns are a skill; shotguns an art; rifles a science.
_____________________________________
Democracy is two wolves and a sheep voting on whats for dinner.
Disarmament is the precursor to Genocide.
Better to take action now rather than chances later. Your choice.
A doomed woo. User ID: 329170 Australia 1/17/2008 12:19 AM
Pffft. Dream the fuck on, I am more level headed than 99% of you woo woo's here.
Besides, I already have been thru shit of which you know absolutely nothing about-and I am doing quite well, thank you very much.
Now fuck off.
Quoting: Omega
Ladies and gentlemen, you heard it here first on glp.
There's actually a level headed woowoo...
(This might actually haunt omega for a while...)
Sure there's a downward trend, but I really do think this is just a much needed market correction after many years of great performance. If the were to suddenly drop to what it probably should be then comsumer confidance or lack there of would probably result in a panic sell off that would artificially reduce the stock market. This might actually be good for buying, but investors would get burnt. Possibly severely.
It's just a mole hill and not a very big one.
Anonymous Coward User ID: 52921 Canada 1/17/2008 12:20 AM
"In case you haven't noticed: The Ballot Box is broken!"
Then that's what needs to be fixed!
Cheering economic armageddon, with a 'I'm ready and got my gold and guns' mentality which some here SEEM to be saying is the ONLY solution, makes fixing it that much harder. I want to ask them what kind of life it is they fantasize about living and how miserable it would be. If anyone is frightened now about their future, think how it would be martially defending your miserable existence on an hour by hour basis.
Not to sound too corny here and I've resisted up to now, but what ever happened to good old American 'can do' ingenuity and inventiveness. The republic has gone through more trials and tribulations before that make our current situation look puny. Think of 1860 and the war years of misery with 600K dead ON OUR OWN SOIL. Think of the teapot dome scandals and years of robber barons legally hiring goon squads to bust the heads of anyone bold enough to attempt to organize. My grandfather was there. My father was a union steward where he worked. A job he didn't particularly want but was voted into and it exacted considerable cost to his private life. I come from a long line of old school democrats and we've been fighting the powers that be forever.
Sorry, I cannot and will not buy the notion that if I just take care of my own and stockpile enough grits and gold and guns that is somehow going to make a life worth living.
If I fall into the river I will swim to survive, naturally,
but extrapolate out the survivalist mentality on a day to day basis: I got mine and I'll kill anyone who tries to take it.
Mark Twain once said:
Loyalty to the country always, loyalty to the government when it deserves it.
There is enough hate America first on all sides of the issues to go around. I know because I used to be one of the worse. I used to think I would just pack up my kit and flee to another country. I've has a change of heart, and thought about about what I believe makes life worth living and deconstructing civil society is not it.
Omega User ID: 340280 United States 1/17/2008 12:28 AM
"In case you haven't noticed: The Ballot Box is broken!"
Then that's what needs to be fixed!
Cheering economic armageddon, with a 'I'm ready and got my gold and guns' mentality which some here SEEM to be saying is the ONLY solution, makes fixing it that much harder. I want to ask them what kind of life it is they fantasize about living and how miserable it would be. If anyone is frightened now about their future, think how it would be martially defending your miserable existence on an hour by hour basis.
Not to sound too corny here and I've resisted up to now, but what ever happened to good old American 'can do' ingenuity and inventiveness. The republic has gone through more trials and tribulations before that make our current situation look puny. Think of 1860 and the war years of misery with 600K dead ON OUR OWN SOIL. Think of the teapot dome scandals and years of robber barons legally hiring goon squads to bust the heads of anyone bold enough to attempt to organize. My grandfather was there. My father was a union steward where he worked. A job he didn't particularly want but was voted into and it exacted considerable cost to his private life. I come from a long line of old school democrats and we've been fighting the powers that be forever.
Sorry, I cannot and will not buy the notion that if I just take care of my own and stockpile enough grits and gold and guns that is somehow going to make a life worth living.
If I fall into the river I will swim to survive, naturally,
but extrapolate out the survivalist mentality on a day to day basis: I got mine and I'll kill anyone who tries to take it.
Mark Twain once said:
Loyalty to the country always, loyalty to the government when it deserves it.
There is enough hate America first on all sides of the issues to go around. I know because I used to be one of the worse. I used to think I would just pack up my kit and flee to another country. I've has a change of heart, and thought about about what I believe makes life worth living and deconstructing civil society is not it.
Quoting: Anonymous Coward 52921
Whilst you make salient points, it's real simple.
Better to have it and need it than need it and not have it.
And for the record, while sure I prep, and have a big garden ,cattle, dogs, and live in the country and all that shit, that does not mean thats all I do. I work in the computer industry in a rewarding job, have many hobbies like astronomy, photography, have a recording studio, etc.
And I have been in situations that I was glad I prepped for hard times.
So I would appreciate it if you don't lump all those that have a survivalist mentality into some gun toting shoot em up mentality. Sure I pimp up the bombast on this board, mostly to drive the point home, ( and to piss off the disarmed Europeans and Cunucks on this board) cuz I would much rather someone prepare themselves for a possible negative event.
Then learn thru the school of hard knocks. Just like me.
Thank you very much. Handguns are a skill; shotguns an art; rifles a science.
_____________________________________
Democracy is two wolves and a sheep voting on whats for dinner.
Disarmament is the precursor to Genocide.
Better to take action now rather than chances later. Your choice.
Anonymous Coward User ID: 52921 Canada 1/17/2008 12:36 AM
But in the Weaver case, justice prevailed- mostly, thanks to the best lawyer around-Gerry Spence.
Have several of his books, and if you wanna talk stand up American-he's it. Handguns are a skill; shotguns an art; rifles a science.
_____________________________________
Democracy is two wolves and a sheep voting on whats for dinner.
Disarmament is the precursor to Genocide.
Better to take action now rather than chances later. Your choice.
Anonymous Coward User ID: 52921 Canada 1/17/2008 12:41 AM
<<So I would appreciate it if you don't lump all those that have a survivalist mentality into some gun toting shoot em up mentality. Sure I pimp up the bombast on this board, mostly to drive the point home, ( and to piss off the disarmed Europeans and Cunucks on this board) cuz I would much rather someone prepare themselves for a possible negative event.
Then learn thru the school of hard knocks. Just like me.>>
Fair enough.
But a reminder that many read this shit who may be less stable that some. Survival is an end not a means or reason to be.
PS
If your road has been as rough as mine and full of hard knocks, we went to the same school but in different places.
Omega User ID: 340280 United States 1/17/2008 12:48 AM
<<So I would appreciate it if you don't lump all those that have a survivalist mentality into some gun toting shoot em up mentality. Sure I pimp up the bombast on this board, mostly to drive the point home, ( and to piss off the disarmed Europeans and Cunucks on this board) cuz I would much rather someone prepare themselves for a possible negative event.
Then learn thru the school of hard knocks. Just like me.>>
Fair enough.
But a reminder that many read this shit who may be less stable that some. Survival is an end not a means or reason to be.
PS
If your road has been as rough as mine and full of hard knocks, we went to the same school but in different places.
Quoting: Anonymous Coward 52921
Point taken, and to me, survival is merely a state of mind to be in when danger approaches.
And whilst I am sure we disagree, concerning the current financial state of the US, I see real danger here.
EDIT: not the DOW being at 12,500 either. Thats lightweight headline numbers for the misinformed. All the other signals. Handguns are a skill; shotguns an art; rifles a science.
_____________________________________
Democracy is two wolves and a sheep voting on whats for dinner.
Disarmament is the precursor to Genocide.
Better to take action now rather than chances later. Your choice.
Anonymous Coward User ID: 331741 Australia 1/17/2008 12:53 AM
I do think that those people,who have honed their self-reliance to a fine sharp edge, will be the ones who lead us out of the coming mess.
Quoting: Hold the Phone
Thanks, but I wouldn't say I have honed those skills to a fine edge, lol. Only so much daylight, and a man's gotta work.
And I am playing catch up altho honestly the last 8 months I have busted my ass with little sleep to get there. And I have friends helping me.......
As we all should..... Handguns are a skill; shotguns an art; rifles a science.
_____________________________________
Democracy is two wolves and a sheep voting on whats for dinner.
Disarmament is the precursor to Genocide.
Better to take action now rather than chances later. Your choice.
Anonymous Coward User ID: 343789 Mexico 1/18/2008 1:56 AM
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