woooohooooo

Filed in National by on October 9, 2008

Fear Grips Wall Street

 

as Dow Plunges

 

650 Points

to Below 9000

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hiding in the open

Comments (10)

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  1. Von Cracker says:

    I’d like to personally thank Phil Gramm, the DLC, Bu$hCo, and especially one John Sidney McCain!

  2. Duffy says:

    Actually they allowed shorts again today which probably explains a lot.

  3. jason330 says:

    In its broad strokes, McCain’s life story is oddly similar to that of the current occupant of the White House. John Sidney McCain III and George Walker Bush both represent the third generation of American dynasties. Both were born into positions of privilege against which they rebelled into mediocrity. Both developed an uncanny social intelligence that allowed them to skate by with a minimum of mental exertion. Both struggled with booze and loutish behavior. At each step, with the aid of their fathers’ powerful friends, both failed upward. And both shed their skins as Episcopalian members of the Washington elite to build political careers as self-styled, ranch-inhabiting Westerners who pray to Jesus in their wives’ evangelical churches.

  4. Donsquishy says:

    Actually they allowed shorts again today which probably explains a lot.

    uh oh, I smell talking point….

  5. jason330 says:

    It was the Democrats and Bill Clinton’s blow job what done it…

  6. Steve Newton says:

    jason, not to argue grammar, but does that mean Bill got or gave the blow job?

    Besides, the good news today is….

    Never mind.

  7. pandora says:

    I am really starting to lean towards partially nationalizing the banks. CEOs need a big ol’ time-out.

  8. anonone says:

    Actually, shorts help find the bottom as sometimes they are the only buyers when they cover there short sales by buying low. Banning short selling was stupid. But, then again, this is republican economics.

    We have been so screwed and I am furious. How’s that tax cut helping ya?

    Ayers, Ayers, Ayers, Ayers, Ayers…

  9. Dorian Gray says:

    We are now a Banana Republic. Read Hitch’s latest in Vanity Fair.

  10. Unstable Isotope says:

    I’m tired of all the excuses of these failed CEOs. Nothing is their fault – it’s either greedy homeowners, Charles Schumer, the media or shortsellers. It’s never their fault.

    DG, I think we’ve been in a banana republic for a while (I think it was revealed starkly during the Hurricane Katrina debacle). Some info came out today that the U.S. has been using the intelligence agencies to monitor and record the phone calls of non-profit workers. Great use of our resources!