The Economy

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.

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

I heard on the news that some managers/ directors etc are getting "golden parachutes" that one CEO who was in the job a few weeks is getting 8 million. Although his bank has gone bankrupt.

If any average Joe with a shop or somet were to experience this, he´d be f**ked

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.

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.