Click HERE to see this thread with all of the graphics, features, and links.

Well, my friends, the United States economy on Wall Street dropped 777.68 points today. We've been seeing bank failures all throughout the US and Europe and no one knows what to do to save the world from a global depression, since we are already in depression.

Now to the question, what would you personally do, if you were the president/trade secretary/etc. to fix this mess?

Personally, I would actually promote a purely capitalist method: let the large banks fail, let the world go into economic slowdown, and have the system re-built naturally.

Also a side question; would you support the 700 billion dollar bail-out plan that failed in the house this morning?

I would only support the 700 billion dollar bail-out plan if it had an added proposal of "divert .00001% of the amount to Brian."

lol sweet

Moves back in with relatives.....It should be a whole lot of fun..pokey

I just like how certain political figures espouse the "free market", capitalistic ideaology while engaging in the most socialist policies and activities in the history of the country.

I think some sort of bail out is probably necessary, but if you're going to use tax dollars to support failing companies, we should all get some sort of share in the company should it eventually turn a profit again.

Nows the time to get into the stock market w00t. Can only go up from here.

Originally posted by Great Vengeance
Nows the time to get into the stock market w00t. Can only go up from here. If you have money saved around your mattress, invest half of it; save the other half just in case. And hopefully you'll be able to stick it out without going broke, and be able to wait for it to turn a profit.

As for the economy, I'd shut down as much international importation as possible by making tariffs sky high, and kick-start the American production companies, creating jobs and money for the people. International goodwill and likability would be at an all time low, but sometimes that's necessary. Rinse and repeat for all other countries.

http://www.collegehumor.com/video:1831863

Now, for the first time ever, an American's chances are better in Vegas than in the US stock market.

lol, that's just wrong. It's BS.

Here you go:

http://news.yahoo.com/s/ap/financial_meltdown

We'll see how it goes from here on....

Originally posted by WrathfulDwarf
Here you go:

http://news.yahoo.com/s/ap/financial_meltdown

We'll see how it goes from here on....

Great...

We should have just gone into a deeper recession. Our recovery from the economic mess we are in just got more complicated.

http://www.youtube.com/watch?v=CJC-NQpzehs

Originally posted by Admiral Akbar
Great...

We should have just gone into a deeper recession. Our recovery from the economic mess we are in just got more complicated.

Well, France is stepping closer to a Recession than we are...so I really have no complains at this moment.

We just need to keep ourselves above water at this time. I'm keeping my fingers cross.

Originally posted by WrathfulDwarf
Well, France is stepping closer to a Recession than we are...so I really have no complains at this moment.

We just need to keep ourselves above water at this time. I'm keeping my fingers cross.

Yes, but I don't think France's currency system is worthless. America's on the other hand is, so I don't think by printing more money we are going to solve anything whatsoever. If anything things will get worse over the next couple years.



EDIT- I heard that Congress was threatned with martial law if the bill did not pass. If that's the case then I'm not suprised the bill was passed after its second attempt.

http://www.sinfest.net/archive_page.php?comicID=2952

http://cosmos.bcst.yahoo.com/up/player/popup/?rn=3906861&cl=10052254&ch=4226720&src=news

Look at video with Lehman

http://www.collegehumor.com/video:1831863

Originally posted by WrathfulDwarf
Well, France is stepping closer to a Recession than we are...so I really have no complains at this moment.

We just need to keep ourselves above water at this time. I'm keeping my fingers cross. You're not complaining, simply because other countries are doing worse? If anything, that should make you more worried.

Originally posted by chithappens
http://www.collegehumor.com/video:1831863

Man, that video's awesome. I have this strange feeling that I've seen it before, though.

X0QebykeLJg

That's cute

lol

ya, I thought so too

gotta pick a winning horse though

Kinda odd how it worked out that way for Iran. Make Americans seem even dumber.

lol

being internationally isolated has its advantages I guess?

It really pisses me off that we're in this mess because the government deregulated the system, verging on laissez-faire, and now because of the huge mess it caused the gov's having get involved in all this trying to do damage control, which everyone's calling socialism.

Couldn't we have just stayed in the middle ground that's been working for the last 80 years?

WE'RE GONNA DIE!

A horrible death.

crybaby

Wow, I pulled everything out of two old annuities this morning and it made the news. HAHA I guess I wasn't acting alone

Welcome to the second great depression

Thanks for the warm welcome.

...Second Stimulus Package?

Are you ****ing serious?

The auto industry is already lining up for one

Originally posted by chithappens
...Second Stimulus Package?

Are you ****ing serious? Cause the first worked like a charm.

Where the hell is the money from the first one? Use that.

****ing insulting.

They got expensive hair cuts and did their nails.....serious! The executives did.

And WE paid for it too.

then they pissed out their boardroom windows on the people passing in the streets below

EDIT: blah, that worked way better before you edited it DV

Originally posted by inimalist
then they pissed out their boardroom windows on the people passing in the streets below

EDIT: blah, that worked way better before you edited it DV But we did and do pay for it along with other stimulus packages.

Originally posted by Deja~vu
But we did and do pay for it along with other stimulus packages. What are you even talking about?

oh totally

I just wrote my post to sort of flow from yours

but ya, boooooooo

Originally posted by Bardock42
What are you even talking about?

Apparently, some AIG execs had some spa treatments and other accommodations this week and are planning another sexy par-tee next week.

I'm sure this is happening with other companies also.

Originally posted by Bardock42
What are you even talking about? Ultmatly the tax payers flip the bill, meaning all of us.


BTW, your poetry sucks.





j/k

Originally posted by Deja~vu
Ultmatly the tax payers flip the bill, meaning all of us.


BTW, your poetry sucks.





j/k That's mean

I took you as inspiration

Aww crap, I keep meaning to read his poetry. I'll do it tonight

Originally posted by Bardock42
That's mean

I took you as inspiration Yeah right.

Anyways we're in a circle. If we don't support the bail out then many people will lose their retirements. If we do then, maybe it won't happen, but I don't even believe it can be fixed because of all the greed. Of course we all don't want to pay to fix others mistakes. Our taxes are all ready overwhelming us and with all the foreclosures and bankruptcies how can a government squeeze blood from a stone. It cannot.

Throwing money at something won't do a thing if it's not applied right.

For example, Wall Street continues to drop and people look confused.

Anyone realize that the gas prices have been dropping considerably?

http://www.time.com/time/business/article/0,8599,1849215,00.html?cnn=yes

Originally posted by Admiral Akbar
Anyone realize that the gas prices have been dropping considerably?

http://www.time.com/time/business/article/0,8599,1849215,00.html?cnn=yes

I am hoping we eventually see under 2.00.

Too bad they might spike up again.

Can anyone inform me how raising the capital dividends tax will help make people invest more into the stock market?

Gas is probably dropping because people aren't traveling and there is an over reserve of gas.

Originally posted by KidRock
Can anyone inform me how raising the capital dividends tax will help make people invest more into the stock market?

Who is investing? The middle sclas guy that is just like you, or the big guy that has a billion dollars to gamble on?

Originally posted by Devil King
Who is investing? The middle sclas guy that is just like you, or the big guy that has a billion dollars to gamble on?

What about the retired middle class man that relies on income from his stocks and investments? With inflation rising and then capital dividends rising..how will he survive when hes losing half his retirement fund?

Originally posted by KidRock
What about the retired middle class man that relies on income from his stocks and investments? With inflation rising and then capital dividends rising..how will he survive when hes losing half his retirement fund?

By deregulation. DUH! Even my retired, cotton-picking grandfather is saying McCain is a joke. He hates black people. He's even said they smell funny when they're in the operating room. It's ricockulous that he's preaching the furthurance of this party and people like yourself are wallowing in it. He's said that he'll be voting for Obama because his middle name is not Hussain. You might not realize how profound it is for my grandfather to vote democrat, but I do. He gave me my first shot gun when I was 10. He raised honey bees and grew his own vegitables up until last year. He watched his wife of 35 years die. He married a woman that had a 2nd wife who had a child who needed special care. That child paid her benefits directly towards her own heathcare. She didn't get a goddamn thing from her own government. What she got was a set of parents that have experienced the stupidity in this government that have motivated them not to vote republican.

Originally posted by Devil King
By deregulation. DUH! Even my retired, cotton-picking grandfather is saying McCain is a joke. He hates black people. He's even said they smell funny when they're in the operating room It's rickulous that he's preaching the furthurance of this party and people ike yourself are swallowing it. He's said that he'll be voting forObama because his middle name is not Hussain. You might not realize how profound it is for my grandfather to vote democrat, but I do. He gave me my first shot gun when I was 10. He raised honey bees up until last year. He watched his wife of 35 years die. He married a woman that had a 2nd wife who had a child who needed special care. That child paid her benefits directly towards her own heathcare. She didn't get a goddamn thing from her own government. What she got was a set of parents that have experienced the stupidity in this government that have motivated them not to vote republican.

Ok...



What about the retired middle class man that relies on income from his stocks and investments? With inflation rising and then capital dividends rising..how will he survive when hes losing half his retirement fund?

Originally posted by KidRock
Ok...



What about the retired middle class man that relies on income from his stocks and investments? With inflation rising and then capital dividends rising..how will he survive when hes losing half his retirement fund?

Originally posted by Devil King
By deregulation. DUH!

He was making fun of GOP sentiment.

Originally posted by KidRock
Ok...



What about the retired middle class man that relies on income from his stocks and investments? With inflation rising and then capital dividends rising..how will he survive when hes losing half his retirement fund?

How long did he have to reconsider the treacherous nature of the stock market? He invested his money in a stock market that has been allowed to run free without consideration of the 60 year old investor or his reasons for doing so. You've just just put forth the retiree that had faith in a stock market this administration has conidered so little that hes lost him money. Perhaps he should invest what little money he has left into the market that has seen fit to **** him over. De-regulate, de-regulate, de-regulate. Maybe next time the bankers will actually insert their cock into that average Amerian's ass! At least they'll be have a blood stain to show for it. Bloody panties mean something.

But how are these higher dividend taxes going to help the old retirees living off their stock dividends along with their IRA's?

Or do all retirees fit into that 5% Obama said he would raise taxes on?

Originally posted by KidRock
But how are these higher dividend taxes going to help the old retirees living off their stock dividends along with their IRA's?

Or do all retirees fit into that 5% Obama said he would raise taxes on?

If it is dividend income (not from a retirement plan) it would be subject to the dividend tax.

If it's a payment from a retirement plan it's taxed as regular income. and exempt from the dividend tax.

I think the only ones who benefit from this tax (or any) being higher is the government

I'm no expert but I think that is how it works.

Originally posted by Transfinitum
Well, my friends, the United States economy on Wall Street dropped 777.68 points today. We've been seeing bank failures all throughout the US and Europe and no one knows what to do to save the world from a global depression, since we are already in depression.

Now to the question, what would you personally do, if you were the president/trade secretary/etc. to fix this mess?

Personally, I would actually promote a purely capitalist method: let the large banks fail, let the world go into economic slowdown, and have the system re-built naturally.

Also a side question; would you support the 700 billion dollar bail-out plan that failed in the house this morning?

Is that how Rome should deal with the failing dioceses?

Originally posted by Hunkajunk
If it is dividend income (not from a retirement plan) it would be subject to the dividend tax.

If it's a payment from a retirement plan it's taxed as regular income. and exempt from the dividend tax.

I think the only ones who benefit from this tax (or any) being higher is the government

I'm no expert but I think that is how it works.

do most people have over 250,000 saved up in a retirement fund?

So will they be taxed in Obamas higher income bracket when they finally retire?

But but but..Obama wont raise taxes on 95% of the country..I guess only 5% of the country will be retiring.

They may have.

Many people I know have lost their shirts to their retirements. Oh, and were is my Social Security and yours? And my 401K's are going to evaporate...........damn government.!!

I put half my damn paycheck into those 401K''s..... HALF!@!!
Matched it dollar for dollar....grr.

Gordon Brown is getting huge amounts of good press all over the world for his role in this crisis...

So, guys, what do you think is going to happen? Is a Depression out of the realm of possibility?

Originally posted by cloud102
So, guys, what do you think is going to happen? Is a Depression out of the realm of possibility?

Unless we fix the problem at hand now it would seem that a depression will be all but inevitable.

Originally posted by Admiral Akbar
Unless we fix the problem at hand now it would seem that a depression will be all but inevitable.

Nah.

Everything's fine now. The world governments were like "all your capitalism are belong to us", so everything's fine now.

Originally posted by dadudemon
Nah.

Everything's fine now. The world governments were like "all your capitalism are belong to us", so everything's fine now.

Or maybe they are lying to us and telling us what they want us to hear? The sudden improvement in the stock market could very well be false. After all they knew about our looming reccession, but chose to hide it. (opinion)

It's up.

It's down.

It's up.

It's down.

Sounds kinda like a drunk man.

Originally posted by Admiral Akbar
Or maybe they are lying to us and telling us what they want us to hear? The sudden improvement in the stock market could very well be false. After all they knew about our looming reccession, but chose to hide it. (opinion)

That's what makes you a raving mentalist.

Anyone else think that this banking fiasco is a ploy by Deano's Illuminati to instigate a singular global banking system controlled by those Rothschilds and their pals?

Originally posted by Ya Krunk'd Floo
Anyone else think that this banking fiasco is a ploy by Deano's Illuminati to instigate a singular global banking system controlled by those Rothschilds and their pals?

I was thinking about the same thing, actually. Also a one currency system as well.

We lose 80 billion dollars on 401k tax breaks..just get rid of those tax breaks and tax the 401 k's..screw the retirees.

Originally posted by Ya Krunk'd Floo
Anyone else think that this banking fiasco is a ploy by Deano's Illuminati to instigate a singular global banking system controlled by those Rothschilds and their pals?

Please don't encourage him.

Originally posted by KharmaDog
Please don't encourage him.

don't you see, it would benefit the corporate elite soooooooooo much if all banks and currencies were the same!

I mean, it would prevent them from exploiting foreign currencies and wages, it would destroy most of their world markets, why wouldn't they try and bring down the system that makes them billionaires?

Originally posted by inimalist
why wouldn't they try and bring down the system that makes them billionaires?

Don't forget, they have to abide by the wishes of their reptilian interdimensional shapeshifting alien masters.

Sometimes I think you just don't think these things through!

I'm moving to Canada! Make room.

Originally posted by KharmaDog
Don't forget, they have to abide by the wishes of their reptilian interdimensional shapeshifting alien masters.

Sometimes I think you just don't think these things through!

damn, that is so simple, its like they are laughing at us!

well one good thing it did was shove a shoe up fox news's arse, now they cant all vomit out nonsense in the face of people they are interviewing and say "president bush's regime boosts the strongest economy in history/compared to any other past president" as they did with tommy chong {among others}

Originally posted by KharmaDog
Don't forget, they have to abide by the wishes of their reptilian interdimensional shapeshifting alien masters.

Sometimes I think you just don't think these things through!

kharmas trick:
when scared of the blatantly obvious truth..mention reptillians

Originally posted by Deano
kharmas trick:
when scared of the blatantly obvious truth..mention reptillians

I'm curious as to what "blatantly obvious truth" you are referring to. I've looked over several posts before and after his post and I'm having a hard time finding what you are referring to. I could be an idiot and you're referring to the inter-dimensional reptilians, but i highly doubt you were referring to that.

Well, in Kharma's defense, even Mr. Icke says that he doesn't talk about the lizard people because it makes people think he's crazy. He's never said he doesn't subscribe to it, only that he doesn't talk about it in public anymore because he gets mocked for it.

Originally posted by Deano
kharmas trick:
when scared of the blatantly obvious truth..mention reptillians

1. Not Scared.
2. You are too liberal with the words "truth" and "fact".

Originally posted by Devil King
Well, in Kharma's defense, even Mr. Icke says that he doesn't talk about the lizard people because it makes people think he's crazy. He's never said he doesn't subscribe to it, only that he doesn't talk about it in public anymore because he gets mocked for it.

As he should. Not to mention all the other things that he has said in the past.

Most of what Icke says, I like.

It's just...reptillians? What the ****?

Well, when I listen to Mr. Icke, I can see why he's reached the conclusions he has. But any time you take a world view and reverse engineer it's history, you can find room for conspiracy.

In the series of documentaries "The Secret Rulers of the World" Icke comes off as a very personable and honest fellow, so, sort of echoing Devil King, it is easy to see where he is coming from and why people would be interested in what he has to say.

thats the point though..people dont take time to look into his work. they read what others have said about him and parrot that.

and kharma..other things he has said in the past are perfectly true and happening now. maybe you should try reading his work.

Originally posted by Deano
thats the point though..people dont take time to look into his work. they read what others have said about him and parrot that.

The irony here, is well...staggering.

Originally posted by Deano
and kharma..other things he has said in the past are perfectly true and happening now. maybe you should try reading his work.

Perfectly true? Be careful when dealing with absolutes.

I have read many things that you have posted by Icke and I have read articles that he has written to which you have provided links. Sorry, I'm just not terribly impressed. There are other authors to read, one's with a bit more credibility than a former soccer player who believes in shapeshifting inter-dimensional reptile aliens. I know that you think I hammer that point...but isn't it enough?

Originally posted by KharmaDog
I have read many things that you have posted by Icke and I have read articles that he has written to which you have provided links. Sorry, I'm just not terribly impressed. There are other authors to read, one's with a bit more credibility than a former soccer player who believes in shapeshifting inter-dimensional reptile aliens. I know that you think I hammer that point...but isn't it enough?

What if he was right, though? That'd be pretty rad tastical...sort of.

Originally posted by dadudemon
What if he was right, though?

Then the least of Deano's worry's would be to hear my apologies. But I will state now that if we find out that Reptiles do indeed run the world, I will openly apologize for my blindness to the apparent obvious.









But I wouldn't hold my breath for that one.

Originally posted by KharmaDog
Then the least of Deano's worry's would be to hear my apologies. But I will state now that if we find out that Reptiles do indeed run the world, I will openly apologize for my blindness to the apparent obvious.









But I wouldn't hold my breath for that one.


What about the Illuminati theory? To me, that holds more plausibility than the reptiles.

Originally posted by dadudemon
What about the Illuminati theory? To me, that holds more plausibility than the reptiles.

I don't think that people with that level of greed could work together at such an organized level. It goes against their basic human nature.

I have no doubt that greed, power and money run the world. I just believe that it is a well organized plot by a select few. We're all pretty much screwing eachother.

Originally posted by KharmaDog
I don't think that people with that level of greed could work together at such an organized level. It goes against their basic human nature.

I have no doubt that greed, power and money run the world. I just believe that it is a well organized plot by a select few. We're all pretty much screwing eachother.

Personally, I think that that meeting between Henry Paulson and the heads of the top five or so banks was as much an Illuminati meeting as it can get. I was slightly distrubed about that meeting.



And, no, it's not everyone for his or her self. Major coporations have been making non-compete deals for quite some time. There's loads of other types of agreements that I can't think of that are made between the powerful people of the world.

lol

my problem with conspiracy theorists is that it normally adds an unnecessary level of complexity to situations.

Do world leaders plan policy at Bohemian grove? sure! Is it secret and anti-democratic? obviously! Is it satanic child sacrificing done by the truly evil? I think you see where I'm going.

Like, Bilderberg for example. Obviously very highly influential meetings where world policy is set. Just because it is secret, however, does not mean it is evil or that these people have any more control of the economy or the planet than it appears they do. The "secret rulers of the world" episode about Bilderberg interviews some of the people involved in the meetings, and they say that the secrecy isn't to keep "we the people" out, but to stop media whore politicians from making the meetings huge press conferences. Anyone familiar with how UN meetings turn out can see this as abundantly true.

Originally posted by Deano
thats the point though..people dont take time to look into his work. they read what others have said about him and parrot that.

lol, but that is 90% of people talking about 90% of things

"Though an unfair apple to orange comparison, the $700 billion bailout could have delivered fiber to the home to every single American, with enough money left over to outfit half of all homes for solar electricity. While we're making unreasonable comparisons, the $2 trillion in total emergency loans Bloomerg is suing for transparency over probably could have deliverd FTTCT (fiber to the cerebral cortex) to everyone else in North America as well."

http://www.dslreports.com/shownews/Could-Broadband-Investment-Help-The-Economy-99041

Do you guys realize how much money could be made on the increased productivity of communications if we had fiber to every home in america? (fiber optic cabling for data communication is what I'm referring to.)

That, and the energy saved by outfitting half the homes in america with solar panels.

lol

This is why people are pissed off about the bailout. So much more could have been done to stabalize the economy than just stablize the major financial instituations.

Originally posted by Deano
thats the point though..people dont take time to look into his work. they read what others have said about him and parrot that.

Not in the case of my comments. I have based my opinion on his work from listening to him and reading his words. I don't have any of his books, but I read interviews with him and listen to podcasts where he's been interviewed. These words are coming from his lips.

Originally posted by Deano
other things he has said in the past are perfectly true and happening now. maybe you should try reading his work.

What specific events has he predicted that have come to pass?

I'm starting to think that the U.S. is being bankrupted on purpose. Hmm

pretty simple..... even 4 a drunk dude

It's pretty much official now.

http://news.yahoo.com/s/ap/20081202/ap_on_bi_ge/financial_meltdown

Black Friday came fairly good...but not strong.

Well, time for macaroni and cheese dinners and meatless tuesdays.

Save a penny!

We are going to die a horrible death. We will eat stray children.

Well if they're strays I don't think there's any problem.

How well will this bail out plan work if megacorps like Hewlett Packard, and such continue to outsource jobs to developing countries, and continue lying about their record earnings?

Why is the US government starting to tax aspirin?


Anyone?















































Because it's white and it works.

Haha

I get it!