I'm Cheerin the Fall of the DOW!

[rockandrollsouls]

did you read my post a few pages back on the 'history' of this and if there was any evidence to prove the contrary; that government expansion does not occur in good financial times? Or the counter examples of 2nd bank of united states and the revolutionary war?

i would appreciate some real dialoge since this threads been hijacked...

There is more evidence to show government expansion in times of turmoil. Ghengis, you've SEEN it over the past MONTH with your own eyes.

 

[nbhadja]

rockandrollsouls, you seem very scared. I bet you are one of the typical Americans who spends most of their money instead of save it.

Oh and many cultures in the world understand why it is much better financially and overall for their children to remain financially dependent until they graduate college, so they can focus on studying instead of working. I see so many kids do poorly in college because they stubbornly want to be financially independent at the age of 18.

Just because you are ignorant does not make it a bad decision. With the economy the way it is, it's a much better decision than trying to make enough money to live on your own while NOT HAVE A DEGREE, and going to college for a degree.

 

[rockandrollsouls]

rockandrollsouls, you seem very scared. I bet you are one of the typical Americans who spends most of their money instead of save it.

Oh and many cultures in the world understand why it is much better financially and overall for their children to remain financially dependent until they graduate college, so they can focus on studying instead of working. I see so many kids do poorly in college because they stubbornly want to be financially independent at the age of 18.

Just because you are ignorant does not make it a bad decision. With the economy the way it is, it's a much better decision than trying to make enough money to live on your own while NOT HAVE A DEGREE, and going to college for a degree.

Can you read? I am making money! I am not scared! But I fear for my fellow Americans. I do not wish hard times on them.

And, you need to shut your mouth. You don't earn the sweat of your brow. I am not ignorant. I work for my money, and I work when it's saved, and I work when it's invested.

You spend your parents money. Sit down.

 

[Ninja Homer]

No, I made/am making a lot of money right now. If you took the time to read the previous posts, I wouldn't have to repeat myself. I am very well off, I made a lot of money by doing my homework, but I still don't hope for a collapse.

Angry and aggressive? Maybe because there are some punk kids lying through their teeth to validate an opinion. Two of them have yet to step into the real world....they don't know what they are talking about.

They're kids... what's your excuse in taking part in this petty argument?

The dollar is failing. Some people will cheer it, and there's nothing you can do about it. The best you can do is look at the positive side, and figure out what you can do to use this situation to your advantage. For me, that means waking people up so when the government collapses we can rebuild it with a libertarian philosophy rather than having it rebuilt by the people who stole from us and created this mess in the first place.

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

 

[rockandrollsouls]

They're kids... what's your excuse in taking part in this petty argument?

The dollar is failing. Some people will cheer it, and there's nothing you can do about it. The best you can do is look at the positive side, and figure out what you can do to use this situation to your advantage. For me, that means waking people up so when the government collapses we can rebuild it with a libertarian philosophy rather than having it rebuilt by the people who stole from us and created this mess in the first place.

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

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.

 

[Ninja Homer]

I cannot be sure if it will be the end of our empire or not, but my point is if we could have avoided a complete meltdown we would have avoided total government control. Even if our empire collapses, you can be sure the wealthy and government will capitalize while the people suffer.

The very wealthy will certainly try to capitalize on it, and they will try to set up a government that is in their advantage. However they are a very small minority, even when compared to the number of Ron Paul supporters.

Since THEIR system is the one that failed, it doesn't really work in their favor for them to try to put up the same system. They will try to use all of their tools (such as the media) to set up a new government, maybe socialism (but really it would be some form of corporatism), and blame the US failings on a limited republic and the free market. It's up to us to teach people the truth.

 

[sratiug]

Dear Rock-n-Roll Souls,

We're having a party, everybody's invited, the new generation along with the old,
If you can get with it now, it don't take much tryin', to find out if you've got some
Rock-n-Roll Soul

We need everybody in the world so when you know what you've got, let everybody know, you've got some rock-n-roll Soul

I know that I'm feelin' groovy, kinda funky like an old time movie...

Can you explain to us why the perpetuation of the stock market itself is good for America? Without publicly traded stocks this crash wouldn't be happening. Without huge corporations more people would own their own businesses and work for smaller businesses less likely to lay them off by the thousands.

I chear because I hate the corporate system. Fuck it. Kill the banks.

 

[TGautier421]

rockandrollsouls brings up some valid points, but that dude is TROLLING...

What does everyone think is going to happen tomorrow?

 

[rockandrollsouls]

Well, no matter what you think, at least I have the man himself on my side.

Ron has never called for the collapse of the economy, he has never said it was necessary, and he's said that government has a power grab in times of crisis. I'm in good company.

 

[CzargwaR]

Web Bot predicts collapse tomorrow, but don't worry things will be fine eventually

http://video.google.com/videoplay?d...JuGI6HSqALbmdCvBA&q=web+bot+predictions&vt=lf

 

[ghengis86]

There is more evidence to show government expansion in times of turmoil. Ghengis, you've SEEN it over the past MONTH with your own eyes.

yes, i have seen it; but is it any less true that government expands when it is unseen? as in good econmic times? how is it any less likely for things to change, if there is a depression or not?

 

[JenH88]

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.

 

[werdd]

Leeb made the same arguement against peter schiff, that if we dont give the goverment some power now they will completely controll us later.

I tend to agree with peter, 99% of the time.

 

[rockandrollsouls]

Leeb made the same arguement against peter schiff, that if we dont give the goverment some power now they will completely controll us later.

I tend to agree with peter, 99% of the time.

Who said we should give the government any power?

 

[nbhadja]

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.

Can you read? I am making money! I am not scared! But I fear for my fellow Americans. I do not wish hard times on them.

And, you need to shut your mouth. You don't earn the sweat of your brow. I am not ignorant. I work for my money, and I work when it's saved, and I work when it's invested.

You spend your parents money. Sit down.

So Ron Paul has no understanding in the economy? You clearly said we can avoid it. Ron Paul says we cannot. Your word vs his. I pick his word. YOU WERE WRONG! We cannot avoid it. Peter Schiff even agrees.

And I have worked before. I can say whatever I want so go F yourself.

And you are ignorant, you seem to think a 20 year old that is not financially independent is mooching off his parents. I have news for you, most Asians do this. In fact, that is how it goes in Europe and Latin America as well. Asians are the richest race in America so we must be doing something right.

 

[Mini-Me]

I haven't yet read this thread, but it looks like the initial argument is still going on.

On one hand, stock prices are grossly inflated, since there's been a bubble in the stock market. It's a "good thing" for them to go down, as in, it's healthy for the market, and stock prices need to return to realistic levels before the economy can really move on from this.

On the other hand, it's really, really bad for the stock market to come down all at once in a precipitous crash! Joe Average is still just waking up to all of this. If the market crashes by thousands of points today or even this week, he just won't have enough time to get up to speed and rescue his savings. Hell, even a lot of us "in the know" are not ready for this! Anyone who's still heavily in the market, especially anyone who isn't diversified (and by that, I mean into PM's and foreign currencies as well as domestic companies), could get their life savings wiped out. I may still be young, but I'm one of them - I'm in the process of having shares moved out of an account so I can sell them without huge cuts going to Morgan Stanley. By the time I'm in the position to offload some, diversify, and make better investments, I may already be screwed.

The point is: Prices need to return to realistic levels and the bubble needs to burst for the long-term health of the economy. However, if the market crashes all at once, the little people will have their investments wiped out in the blink of an eye...while the fat cats up at the top get information quicker, and they'll be able to easily save their own asses.

 

[rockandrollsouls]

So Ron Paul has no understanding in the economy? You clearly said we can avoid it. Ron Paul says we cannot. Your word vs his. I pick his word. YOU WERE WRONG! We cannot avoid it. Peter Schiff even agrees.

And I have worked before. I can say whatever I want so go F yourself.

And you are ignorant, you seem to think a 20 year old that is not financially independent is mooching off his parents. I have news for you, most Asians do this. In fact, that is how it goes in Europe and Latin America as well. Asians are the richest race in America so we must be doing something right.

No, I said we could have avoided a 10 year depression.

Before you said Indians. Don't try and turn this into a race argument, kid.

 

[JenH88]

9,747.94 -577.44 / -5.59%
Oct 6 2:01pm ET

 

[DFF]

9,747.94 -577.44 / -5.59%
Oct 6 2:01pm ET

Quick! Break out the "informal" President's Working Group On Financial Markets!

 

[sratiug]

No, I said we could have avoided a 10 year depression.

Before you said Indians. Don't try and turn this into a race argument, kid.

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.