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#1054878 - 10/01/08 12:56 PM 484 DJIA Gain the fault of McCain?
HappyGilmore Offline
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Pulling people out of the ditc...
Since at least one person posted here that the bailout failure and subsequent 778 point DJIA drop was the fault of McCain, I wonder if that same learned youth will blame McCain for the huge gain yesterday? Nah, that'd never happen...
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#1054916 - 10/01/08 01:31 PM Re: 484 DJIA Gain the fault of McCain? HappyGilmore
Hated By Some Offline
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i am not going to even dignify this conflation with a response but i do have a nice gift for you:

http://news.yahoo.com/election/2008/dashboard

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#1054929 - 10/01/08 01:41 PM Re: 484 DJIA Gain the fault of McCain? HappyGilmore
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Originally Posted By: Happy Gilmore
Since at least one person posted here that the bailout failure and subsequent 778 point DJIA drop was the fault of McCain, I wonder if that same learned youth will blame McCain for the huge gain yesterday? Nah, that'd never happen...



Since the drop was McCain's fault, yesterday's gain definitely had to be Obama's
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#1054978 - 10/01/08 02:08 PM Re: 484 DJIA Gain the fault of McCain? Snow Bunny
HappyGilmore Offline
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Pulling people out of the ditc...
wow, a page that doesn't load...thanks, just what I've always wanted.

also, you are using conflation out of context, possibly your "word of the day" email is confusng to you
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#1055111 - 10/01/08 02:55 PM Re: 484 DJIA Gain the fault of McCain? HappyGilmore
grmasterb Offline
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Folks, haven't we all learned THE TRUTH?

Good economic/financial news -- Credit Reagan
Bad economic/financial news -- Blame Clinton

The truth has been spoken.
Last edited by grmasterb; 10/01/08 02:56 PM.
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#1055261 - 10/01/08 03:36 PM Re: 484 DJIA Gain the fault of McCain? grmasterb
TheManofSteel Offline
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How about:

Some Good Economic/Financial News - Credit Reagan and Clinton
Some Bad Economic/Financial News - Blame Reagan and Clinton

And when doing so, apply specifics.
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#1055394 - 10/01/08 04:17 PM Re: 484 DJIA Gain the fault of McCain? HappyGilmore
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Quote:
also, you are using conflation out of context, possibly your "word of the day" email is confusng to you

so your spin-doctoring of multiple issues to arrive at a larger point is not this: http://dictionary.reference.com/browse/conflation ?

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#1055401 - 10/01/08 04:18 PM Re: 484 DJIA Gain the fault of McCain? Hated By Some
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#1055598 - 10/01/08 05:46 PM Re: 484 DJIA Gain the fault of McCain? Creditcop
HappyGilmore Offline
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Pulling people out of the ditc...
i don't see that the DJIA losing and then gaining, and assessing blame for this, is multiple issues. Or am I injecting other issues here that I'm not aware of?
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#1055642 - 10/01/08 06:07 PM Re: 484 DJIA Gain the fault of McCain? HappyGilmore
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Originally Posted By: Happy Gilmore
i don't see that the DJIA losing and then gaining, and assessing blame for this, is multiple issues. Or am I injecting other issues here that I'm not aware of?

i don't see how you are implying that i am blaming mccain for the dow. i'm commenting on mccain wrt the bailout bill.

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#1055716 - 10/01/08 06:59 PM Re: 484 DJIA Gain the fault of McCain? HappyGilmore
Princess Romeo Offline

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If you want a chilling series of deja vu, take a look at the events leading up to the great crash of 1929 and subsequent aftermath including pronouncements by prominent political and business leaders both before and after.

You could replace 1929 with 2008 and you would be hard pressed to tell the difference.
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#1055735 - 10/01/08 07:08 PM Re: 484 DJIA Gain the fault of McCain? Princess Romeo
HappyGilmore Offline
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Pulling people out of the ditc...
only Pale was alive to provide historically accurate information
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#1055739 - 10/01/08 07:09 PM Re: 484 DJIA Gain the fault of McCain? Princess Romeo
Pale Rider Offline
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a market correction like 1929 is bad, but what would be worse is the government intervention and theory that politicians could fix things that took place in the 30's

this country will be bankrupt in another generation or two...
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#1055777 - 10/01/08 07:22 PM Re: 484 DJIA Gain the fault of McCain? Pale Rider
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Originally Posted By: Pale Rider
a market correction like 1929 is bad, but what would be worse is the government intervention and theory that politicians could fix things that took place in the 30's

this country will be bankrupt in another generation or two...

the contrary argument is that it is precisely the lack of affirmative action to ameliorate the crisis is what made it so severe. who gets hurt more when the severity is prolonged? is it the people that "main street" wants to punish?

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#1055794 - 10/01/08 07:30 PM Re: 484 DJIA Gain the fault of McCain? Hated By Some
Pale Rider Offline
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well, the depression would seem to be the evidence you seek; and we may have another prolonged period after Thursday when those folks up in Washington fix this ....
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#1055835 - 10/01/08 07:57 PM Re: 484 DJIA Gain the fault of McCain? Princess Romeo
Princess Romeo Offline

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Regulations are a poor substitute for ethics.
Just sayin'

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#1055859 - 10/01/08 08:08 PM Re: 484 DJIA Gain the fault of McCain? Princess Romeo
Pale Rider Offline
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under the Lone Star
goodnight!

let's hope Yogi Berra was wrong!!
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#1055896 - 10/01/08 08:33 PM Re: 484 DJIA Gain the fault of McCain? Princess Romeo
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bonnie, i did not see the rockefeller reference in the ge/buffet story and i am not aware of his actions so could you explain the analogy?

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#1055898 - 10/01/08 08:35 PM Re: 484 DJIA Gain the fault of McCain? Pale Rider
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Originally Posted By: Pale Rider
goodnight!

let's hope Yogi Berra was wrong!!

i'd say let's trust the insight of the preeminent depression-era scholar on what do in similar conditions.

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#1056090 - 10/02/08 12:30 AM Re: 484 DJIA Gain the fault of McCain? Hated By Some
Princess Romeo Offline

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Originally Posted By: McCain Economics
bonnie, i did not see the rockefeller reference in the ge/buffet story and i am not aware of his actions so could you explain the analogy?


If you go through the PBS link, you'll see the newspaper article where Rockefeller publically announces he's investing a large sum to buy stocks.
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Regulations are a poor substitute for ethics.
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#1056091 - 10/02/08 12:35 AM Re: 484 DJIA Gain the fault of McCain? Hated By Some
Princess Romeo Offline

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Originally Posted By: McCain Economics
bonnie, i did not see the rockefeller reference in the ge/buffet story and i am not aware of his actions so could you explain the analogy?


If you go through the PBS link, you'll see the newspaper article where Rockefeller publically announces he's investing a large sum to buy stocks.

Here's another link:

http://72.14.205.104/search?q=cache:Es5b...;cd=3&gl=us

And in part the articles states:

"European investors began to pull out, and some - maybe too many - Americans were equally prudent. After another three weeks, famous stocks began to lose 10 points, 25 points, 40 points. Tuesday 22nd October, a rally and several big men, chairmen of the big banks put out warming assurances about the soundness of the economy and the healthiness of what they called the 'shakeout'. Nothing prepared anyone for Thursday 24th - the rush of selling was now a deluge. Five of the biggest bankers formed an emergency pool to move in and buy and steady prices, which they did. For three or four days.

But the bankers' stopgap heroics were no more than a thumb in the dike. Tuesday - another deluge. One appalling but by no means unique example: a famous sewing company's stock which had been at 48 closed on the Monday 28th at 11. Next day a messenger boy had the gall to offer a dollar a share .. and bought a packet. Two days later, John D Rockefeller announced he was buying common stocks. The exchange declared a holiday to help the sleepless floor clerks rest and then climb through the mountains of unfilled orders. But the market fell and fell again. And in the middle of November the deluge hit rock bottom. In two weeks, thirty billion dollars no longer existed on paper or in life - which was just about the money the United States had spent to fight the First World War. "
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Regulations are a poor substitute for ethics.
Just sayin'

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#1056160 - 10/02/08 12:41 PM Re: 484 DJIA Gain the fault of McCain? Hated By Some
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Originally Posted By: McCain Economics
Originally Posted By: Pale Rider
goodnight!

let's hope Yogi Berra was wrong!!

i'd say let's trust the insight of the preeminent depression-era scholar on what do in similar conditions.



I am more inclined to listen to those there on the scene and got a taste of the 30's risque moral....
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