Omega Owners Forum

Chat Area => General Discussion Area => Topic started by: theolodian on 29 September 2008, 19:20:46

Title: BAILOUT REJECTED!
Post by: theolodian on 29 September 2008, 19:20:46
Here comes the pain.

Effing t0ssp0t republicans.  >:(
Title: Re: BAILOUT REJECTED!
Post by: Martin_1962 on 29 September 2008, 19:25:45
Sounds bad but I am not qualified to comment
Title: Re: BAILOUT REJECTED!
Post by: STMO123 on 29 September 2008, 19:32:21
Quote
Here comes the pain.

Effing t0ssp0t republicans.  >:(

There were 90 odd democrats voted against it, nearly half their presence in the house.
Title: Re: BAILOUT REJECTED!
Post by: theolodian on 29 September 2008, 19:38:29
Quote
Quote
Here comes the pain.

Effing t0ssp0t republicans.  >:(

There were 90 odd democrats voted against it, nearly half their presence in the house.
Yeah, starting to look like Pelosi was a big part of the problem.  >:(
Title: Re: BAILOUT REJECTED!
Post by: Banjax on 29 September 2008, 19:50:23
Quote
Quote
Quote
Here comes the pain.

Effing t0ssp0t republicans.  >:(

There were 90 odd democrats voted against it, nearly half their presence in the house.
Yeah, starting to look like Pelosi was a big part of the problem.  >:(


and 2/3 of republicans refused to back it  :o



Title: Re: BAILOUT REJECTED!
Post by: Lizzie_Zoom on 29 September 2008, 19:54:46
We seem to have two threads on the same theme, so I simply will post what I have already on the other one! ;D ;D 8-)

This can only greatly knock confidence in the financial markets still further and bring the necessary movement of money to a snails pace! :'(    

I do not want to sound all doom and gloom, which is hard not to now, but this could be an inevitable fiscal disaster of the magnitude of the 1929 Wall Street Crash which took until 1954 to be fully recovered from! :o :o

These are interesting times!  But most of us are just pawns now in a fantastic game of power politics and financial (mismanagement) games! >:(    

Like the Titanic there now seems little chance in stopping us from sinking, as we have already hit the ice burg! :'( :'(  

[size=24]Oh well, up with the Revolution!!!  [/size]Whats that song[size=24]"always look on the bright side of life, tdum tdum, t'dum.......!![/size] ;D ;D 8-)      
 
Back to top    
Title: Re: BAILOUT REJECTED!
Post by: STMO123 on 29 September 2008, 19:59:47
Quote
Quote
Quote
Here comes the pain.

Effing t0ssp0t republicans.  >:(

There were 90 odd democrats voted against it, nearly half their presence in the house.
Yeah, starting to look like Pelosi was a big part of the problem.  >:(

Some of us can see through the games. Barney said after the vote "Lets see how the markets react before we vote again". In other words, if they aint that bothered, let's see where it goes before we act.
Title: Re: BAILOUT REJECTED!
Post by: Banjax on 29 September 2008, 20:01:48
Quote
We seem to have two threads on the same theme, so I simply will post what I have already on the other one! ;D ;D 8-)

This can only greatly knock confidence in the financial markets still further and bring the necessary movement of money to a snails pace! :'(    

I do not want to sound all doom and gloom, which is hard not to now, but this could be an inevitable fiscal disaster of the magnitude of the 1929 Wall Street Crash which took until 1954 to be fully recovered from! :o :o

These are interesting times!  But most of us are just pawns now in a fantastic game of power politics and financial (mismanagement) games! >:(    

Like the Titanic there now seems little chance in stopping us from sinking, as we have already hit the ice burg! :'( :'(  

[size=24]Oh well, up with the Revolution!!!  [/size]Whats that song[size=24]"always look on the bright side of life, tdum tdum, t'dum.......!![/size] ;D ;D 8-)      
 
Back to top    

 ;D ;D ;D

I'm gonna grab my gun and head for the hills - see you on the other side!!! - good luck everyone!!!!!
Title: Re: BAILOUT REJECTED!
Post by: Lizzie_Zoom on 29 September 2008, 20:07:03
Quote
Quote
We seem to have two threads on the same theme, so I simply will post what I have already on the other one! ;D ;D 8-)

This can only greatly knock confidence in the financial markets still further and bring the necessary movement of money to a snails pace! :'(    

I do not want to sound all doom and gloom, which is hard not to now, but this could be an inevitable fiscal disaster of the magnitude of the 1929 Wall Street Crash which took until 1954 to be fully recovered from! :o :o

These are interesting times!  But most of us are just pawns now in a fantastic game of power politics and financial (mismanagement) games! >:(    

Like the Titanic there now seems little chance in stopping us from sinking, as we have already hit the ice burg! :'( :'(  

[size=24]Oh well, up with the Revolution!!!  [/size]Whats that song[size=24]"always look on the bright side of life, tdum tdum, t'dum.......!![/size] ;D ;D 8-)      
 
Back to top    

 ;D ;D ;D

I'm gonna grab my gun and head for the hills - see you on the other side!!! - good luck everyone!!!!!


LATEST:  Dow Jones down by 541.50

EDITED within 5 mins   "     "  570.0!!!!!!!!!!!!

All is slipping away fast!

To the financial / city traders amoungst; is this bad?  or is this bad? :o :o :o :o

Once more folks:

[size=24]"Look on the bright side of life...........t,dum, tdum, t,dun,do do dum...[/size]
Title: Re: BAILOUT REJECTED!
Post by: HolyCount on 29 September 2008, 20:10:19
Quote
We seem to have two threads on the same theme, so I simply will post what I have already on the other one! ;D ;D 8-)

This can only greatly knock confidence in the financial markets still further and bring the necessary movement of money to a snails pace! :'(    

I do not want to sound all doom and gloom, which is hard not to now, but this could be an inevitable fiscal disaster of the magnitude of the 1929 Wall Street Crash which took until 1954 to be fully recovered from! :o :o

These are interesting times!  But most of us are just pawns now in a fantastic game of power politics and financial (mismanagement) games! >:(    

Like the Titanic there now seems little chance in stopping us from sinking, as we have already hit the ice burg! :'( :'(  

[size=24]Oh well, up with the Revolution!!!  [/size]Whats that song[size=24]"always look on the bright side of life, tdum tdum, t'dum.......!![/size] ;D ;D 8-)      
 
Back to top    

Granted, the situation looks dire --- but the recovery from the 29 crash would have been somewhat hampered by the war. Hopefully ( but not totally impossible ) there won't be that complication this time. So we might only (!) be looking at a decade to recover ( much the same as the late 80's blip! )
Title: Re: BAILOUT REJECTED!
Post by: Lizzie_Zoom on 29 September 2008, 20:23:33
Quote
Quote
We seem to have two threads on the same theme, so I simply will post what I have already on the other one! ;D ;D 8-)

This can only greatly knock confidence in the financial markets still further and bring the necessary movement of money to a snails pace! :'(    

I do not want to sound all doom and gloom, which is hard not to now, but this could be an inevitable fiscal disaster of the magnitude of the 1929 Wall Street Crash which took until 1954 to be fully recovered from! :o :o

These are interesting times!  But most of us are just pawns now in a fantastic game of power politics and financial (mismanagement) games! >:(    

Like the Titanic there now seems little chance in stopping us from sinking, as we have already hit the ice burg! :'( :'(  

[size=24]Oh well, up with the Revolution!!!  [/size]Whats that song[size=24]"always look on the bright side of life, tdum tdum, t'dum.......!![/size] ;D ;D 8-)      
 
Back to top    

Granted, the situation looks dire --- but the recovery from the 29 crash would have been somewhat hampered by the war. Hopefully ( but not totally impossible ) there won't be that complication this time. So we might only (!) be looking at a decade to recover ( much the same as the late 80's blip! )

I take your point HC, but the USA didn't come into the war until 1941, 12 years after the Wall St. Crash, and then the USA economy actually gained significantly from the war years by tremondous manufacturing investment / profit, indeed as some would suggest at the expense of Great Britain / Europe. ;)

I still take your point though for GB and Europe the war did get in the way of the recovery! :y :y
Title: Re: BAILOUT REJECTED!
Post by: Bandit127 on 29 September 2008, 20:25:00
Dow is now[size=16] -662 [/size] :o
Title: Re: BAILOUT REJECTED!
Post by: LaserLance on 29 September 2008, 20:28:08
gold price seems to rising $29400/ kilo
Title: Re: BAILOUT REJECTED!
Post by: Lizzie_Zoom on 29 September 2008, 20:28:57
Quote
Dow is now[size=16] -662 [/size] :o

yup and it was 541.50 down less than 18 minutes ago, so it is certainly slipping fast Bandit! :y :y

6.2% down now!  A record apparently according to the BBC!!
Title: Re: BAILOUT REJECTED!
Post by: Lizzie_Zoom on 29 September 2008, 20:32:25
[size=24]Dow Jones now down -720  - highest EVER drop!!![/size]
Title: Re: BAILOUT REJECTED!
Post by: Lizzie_Zoom on 29 September 2008, 20:34:53
Good News ;D ;D ;D  [size=16]Slight recovery to -682.70[/size]

Still -6%
Title: Re: BAILOUT REJECTED!
Post by: Bandit127 on 29 September 2008, 20:38:19
For some perspective, the biggest one day hit during the Wall Street crash was 22.6%.

Wall Street Crash of 1929 Wiki-Clicky (http://en.wikipedia.org/wiki/Wall_Street_Crash_of_1929)

Title: Re: BAILOUT REJECTED!
Post by: Banjax on 29 September 2008, 20:48:48
jeezuz - it'll be raining brokers on wall st - hate to clean that mess up :-/
Title: Re: BAILOUT REJECTED!
Post by: Banjax on 29 September 2008, 20:50:45
Quote
Good News ;D ;D ;D  [size=16]Slight recovery to -682.70[/size]

Still -6%

wait til euro markets open in the morning lizzie - plus asian markets open in a few hours - if they panic we are truly Bombay-Ducked  :o :o
Title: Re: BAILOUT REJECTED!
Post by: Bandit127 on 29 September 2008, 21:26:54
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Quote
Dow is now[size=16] -662 [/size] :o

yup and it was 541.50 down less than 18 minutes ago, so it is certainly slipping fast Bandit! :y :y

6.2% down now!  A record apparently according to the BBC!!
Well it looks like the final trades have gone through. -777.70. Or 6.98%

Apparently a one day points record, but the guy on the Beeb said there have been 20%+ drops before now.

Hopefully Asia won't panic. Or, as bannjax said, we will be Bombay-Ducked

Title: Re: BAILOUT REJECTED!
Post by: Golfbuddy on 29 September 2008, 21:43:07
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Quote
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Here comes the pain.

Effing t0ssp0t republicans.  >:(

There were 90 odd democrats voted against it, nearly half their presence in the house.
Yeah, starting to look like Pelosi was a big part of the problem.  >:(


and 2/3 of republicans refused to back it  :o




Correct me if I'm wrong but don't the Democrats have a majority in the House of Representatives??

This wouldn't be an anti Bush political game by any chance would it?? Maybe a last effort to discredit the lame duck president who promised that they would strike a deal??