I'm Cheerin the Fall of the DOW!

[DFF]

Explain how the existence of the stock market is such a great benefit

Free market capitalism at it's finest?

 

[ghengis86]

Why don't you stop being so condescending and answer my fucking question. Explain how the existence of the stock market is such a great benefit and prevents booms and busts. Explain how multinational corporations are better than local businesses. Enlighten us all with your great wisdom.

multinational corporations allow you to afford things you wouldn't normally be able to afford or would afford less of. Think economies of scale and you know why there are corporations.

 

[rockandrollsouls]

Why don't you stop being so condescending and answer my fucking question. Explain how the existence of the stock market is such a great benefit and prevents booms and busts. Explain how multinational corporations are better than local businesses. Enlighten us all with your great wisdom.

The stock market has nothing to do with booms and busts...that has to do with monetary policy. It is a gauge of confidence, though.

 

[LibertyRevolution]

9,683.90 -641.48 -6.21%
2:18pm

falling fast towards 700

*Update
9,632.29 -693.09 -6.71%
2:22pm

 

[Ninja Homer]

Because I'm sick of people here with no understanding of the economy preaching. Even worse, we have people preaching and they don't even know what it feels like to earn a days pay! What nerve! You're telling me we need a collapse when you've never lived one day of your life on your own? Come on, am I the only one that sees the flaw in this?

And, again, I have used the situation to my advantage. But, again, just because I am benefiting from it doesn't mean my neighbors should be suffering.

I'll assume you aren't talking about me when you say, "they don't even know what it feels like to earn a days pay."

I'm not saying we need a collapse, I'm saying we're having one.

Other people are cheering for the positive side of the collapse. And you're saying, "How dare you cheer for the positive side of the collapse! In fact, I don't even see the positive side of a collapse. We have to focus on the negative side of the collapse, and feel really really bad about it."

And to that line of thinking, I reply: There's going to be a collapse, and it has both negatives and positives. Feeling happy about the positive and using it to your advantage is much more beneficial and productive than feeling bad about the negative side and just sitting around complaining about it.

 

[ghengis86]

Dow683.13-6.62%
9,642.25nasdaq150.51-7.73%
1,796.88s&p 50080.72-7.34%
1,018.51

 

[Ninja Homer]

Um.. maybe you missed the video of Ron right after the bailout was passed? He was talking about the positives of the fiat empire collapsing- and how we need to make sure we are there to aid in the rebuilding of our country and NOT LET those that created this mess create the 'solution'.. Did Ron celebrate the outlook? No, but he sure was emphasizing the POSITIVES.

I hope he watched it, since I put the link in 2 posts to him in this thread. Just in case, here it is again.

http://www.youtube.com/watch?v=WL-9CV-qbMw 3:15

 

[rockandrollsouls]

I'll assume you aren't talking about me when you say, "they don't even know what it feels like to earn a days pay."

I'm not saying we need a collapse, I'm saying we're having one.

Other people are cheering for the positive side of the collapse. And you're saying, "How dare you cheer for the positive side of the collapse! In fact, I don't even see the positive side of a collapse. We have to focus on the negative side of the collapse, and feel really really bad about it."

And to that line of thinking, I reply: There's going to be a collapse, and it has both negatives and positives. Feeling happy about the positive and using it to your advantage is much more beneficial and productive than feeling bad about the negative side and just sitting around complaining about it.

I agree, we will have one....but please, don't cheer it. You don't want to hope for something with this. I know this will happen but I'm praying with every ounce of my being it doesn't.

There hasn't been a positive side of the collapse identified....praying for a collapse to "start over" isn't positive.

 

[dawnbt]

US
Dow 9,636.75 -688.63 -6.67%

Nasdaq 1,792.50 -154.89 -7.95%

S&P 500 1,018.75 -80.48 -7.32%

10 Yr Bond(%) 3.4610% -0.1830

 

[puppetmaster]

The fact of the matter is that this is all orchestrated by an elite group. The american people as well as a large part of the world will play into this trap. this will usher in a new era in civilization. One that many of us will detest. There will be very bad times for people soon but this will also breed an awakening and real patriotism! We must fight like our lives, and the lives of our families depend on it, as they most surely do

 

[fatjohn]

Because I'm sick of people here with no understanding of the economy preaching.

Well then email Fox News. And stop bothering us, we do much less harm.

 

[Maverick]

Dow is down 700 again.

I've seen it between -737 and -701 in the last couple of minutes.

 

[LibertyRevolution]

Dow 9,602.34 -723.04 -7.00%
gold 867.10 +31.30 +3.75%
silver 11.06 -0.13 -1.16%
gold/silver ratio 78.45

 

[fatjohn]

I agree, we will have one....but please, don't cheer it. You don't want to hope for something with this. I know this will happen but I'm praying with every ounce of my being it doesn't.

There hasn't been a positive side of the collapse identified....praying for a collapse to "start over" isn't positive.

Look people around here believe in guys behind a curtain. And they think this is a sign that they are about to lose control, just as Ron Paul said on Alex Jones. So that's the reason they are cheering. So there's the positive part. Look we would all be happy if tomorrow the revolution begins and the people take society back without a depression. But that's just very unlikely. So i cheer now, because i still see hope to make a U-turn. I won't cheer when i no longer can't eat any bananas because they won't ship them anymore, to name one example.

 

[JenH88]

Dow is down 700 again.

I've seen it between -737 and -701 in the last couple of minutes.

746 is the lowest I've seen.. it's in the 690's now..

 

[JenH88]

Take that back.. -706

 

[damania]

Organize / Network for a post collapse takeover

We need to organize and network for a post collapse takeover.

We need an organization with people in positions to takeover rolls once people are disenfranchised with the current leaders.

We can implement this revolution better with organization.

 

[LibertyEagle]

Then you are a fucking moron. A market crash is not good for anyone. You should be hoping and praying we make it out of this with some sort of positive.

QFT

For those of you cheering this on, it just shows that you don't have a pot to piss in and are happy to see others who DID work their asses off and amount to something, be brought down to your obvious level of failure.

Celebrating honest, hard-working people losing their life's savings says much more about you, than anything else.

 

[Mark]

None of this is "cheery", but these times, AKA "The Last Days", are incredible to observe.

 

[NEPA_Revolution]

Its not like we want the honest average person to lose thier money... Personally I am rooting against the corporate big wigs, bankers etc. My aunt lost $100,000 the other day..... I cant even imagine what that feels like.