Let's Celebrate! The worst is behind us!

[acptulsa]

http://www.gold-eagle.com/editorials_08/west102908.html

If they aren't purposely destroying all the traditional safe havens--bonds, real estate, gold--then they're not only too stupid to govern, they're too stupid to live.

 

[Sarge]

GM sales down 47 percent.

Run on for USD in Russia,

http://www.turkishweekly.net/news.php?id=60759

 

[HOLLYWOOD]

Mervyn's department store chain is going out of business.

Linen N' Things is belly up.

Shoe Pavillion.

Corporations Going/Gone BELLY-UP in 2008

http://www.ronpaulforums.com/showthread.php?t=132770

 

[acptulsa]

The markets just tipped into a shallow but steady dive. Will they wake people up before or after it's too late?

 

[Kludge]

Could someone please explain the "currency swaps" figure to me?

 

[Sarge]

If this is correct there is no way to spin things are getting better. Read this one close.,

http://www.newsweek.com/id/166915?from=rss

Two thirds of all companies are over extended with negative cash flow as, I read this.

Toyota now announcing lay offs per CNBC right now.

Now CNBC saying GS has big trouble. Saying their leverage is still too high.

 

[Sarge]

delete

 

[BeFranklin]

MSM and talking heads are saying the market lows are behind us and the economy is going to recover sooner rather than later! Godbless the government bailouts and Paulson! CHEERS!

 

[jclay2]

if the bobbing heads on CNBC were as smart as you think they are, wouldn't they all be in business themselves, raking in the millions?

Don't You see, they just want to help the rest of us average Joes make money!

 

[raiha]

Is that the IMF fiddling on the deck of the Titanic, as the Ukraine, Hungary and Iceland are bailed?
One thing you can be more and more sure of: fiddling and bailing.

I'm off to back the winner of the Melbourne Cup. Safer than the stockmarket.....

 

[jkm1864]

Good I am glad its over now I can buy that new AR15 I have been eyeing. Oh We all know its a shame and guess what I will buy that new rifle before Obama gets into office and I will hide it. I seriously think Americans are going to be so screwed and real soon. Hell I don't even ask to go home anymore and the over time is piling up big time. I sure hope I can get some solar panels and have some cash on hand so when it really hits the fan.

 

[Dr.3D]

Is that the IMF fiddling on the deck of the Titanic, as the Ukraine, Hungary and Iceland are bailed?
One thing you can be more and more sure of: fiddling and bailing.

I'm off to back the winner of the Melbourne Cup. Safer than the stockmarket.....

I understand they thought about bailing out the Titanic but the water was coming in too fast.

 

[Sarge]

There is no stopping these idiots,

http://www.rttnews.com/ArticleView.aspx?Id=763252&SMap=1

 

[Sarge]

Things are OK?

http://www.starbulletin.com/business/20081104_Hawaiian_Telcom_takes_extra_time_on_payments.html

http://www.latimes.com/business/la-fi-factory3-2008nov03,1,2982466.story

 

[acptulsa]

There is no stopping these idiots,

http://www.rttnews.com/ArticleView.aspx?Id=763252&SMap=1

Now, now. Just because they're buying up every corporation in the nation doesn't mean they'll outlaw private enterprise when they're done.

Of course, every other time they took over some part of America or another they've outlawed any competition so as to cover up their own incompetence. But that doesn't mean they'll for sure do it again this time...

 

[Sarge]

I have a bridge for sale cheap. Smile.

 

[acptulsa]

I have a bridge for sale cheap. Smile.

Sold! I'm so up for a solid investment!

Besides, if you cheat me they'll bail me out, so it's all good.

 

[Sarge]

The title to the bridge might be a little fuzzy like the assets the US is buying.

Take a look at the tank in numbers just released.

WASHINGTON (MarketWatch) - U.S. and foreign businesses sharply cut back their demand for capital equipment for the second straight month in September, the Commerce Department reported Tuesday. Factory orders fell 2.5% in September, much weaker than the 0.2% fall expected by economists surveyed by MarketWatch. Factory orders had fallen 4.3% in August, the biggest drop in almost two years. Orders for durable goods increased a revised 0.9% in September, up slightly from 0.8% estimated a week ago. But this gain was swamped by a 5.5% drop in orders for nondurable goods. Core capital equipment orders fell 1.5% in September after falling 2.3% in August.

 

[Sarge]

Next possible shoe to drop.

http://blogs.wsj.com/deals/2008/11/04/the-great-commercial-real-estate-crash-mark-your-calendars/

My son said since Linens and Things went belly up, property management people have been calling BBBY offering much cheaper rates and longer leases just to get the store to take their over their store spaces.

 

[Sarge]

They must be getting ready to really crank up the printing press with less than two months to the end of the year. 3Trillion.

http://www.dallasnews.com/sharedcontent/dws/bus/stories/110508dnbusfisher.17d02643e.html

Scary. Out of control.