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This is a topic from the Current Politics and Religious Topics forum on inthe00s.
Subject: How low will it go?
Written By: MrCleveland on 11/20/08 at 4:24 pm
The stock market is around 7500 now. Earlier this year it was near half of that.
How low will it go?
Subject: Re: How low will it go?
Written By: Brian06 on 11/20/08 at 4:36 pm
I heard Rush and the rest of the neocons are already blaming it on Obama and he hasn't even taken office yet (yes I'm serious).
Subject: Re: How low will it go?
Written By: Brian06 on 11/20/08 at 4:39 pm
S&P 500 hits 11 1/2 year low.
http://money.cnn.com/2008/11/20/markets/markets_newyork/index.htm?postversion=2008112015
Subject: Re: How low will it go?
Written By: Rice_Cube on 11/20/08 at 5:03 pm
It'll correct itself eventually, but of course in the short term people will freak out :P
Subject: Re: How low will it go?
Written By: Dagwood on 11/20/08 at 5:04 pm
I heard Rush and the rest of the neocons are already blaming it on Obama and he hasn't even taken office yet (yes I'm serious).
Ridiculous, Rush is a gasbag. ::)
I blame congress, it is in session and you know what damage they can do. I think it will settle when they break.
Subject: Re: How low will it go?
Written By: Rice_Cube on 11/20/08 at 5:14 pm
I think the stocks are dropping because the automakers didn't get their bailout, like, yesterday :P
Oh noes! We have to suffer the losses of capitalism as well as the gains!? ZOMFG!
Subject: Re: How low will it go?
Written By: MaxwellSmart on 11/20/08 at 5:25 pm
I think the stocks are dropping because the automakers didn't get their bailout, like, yesterday :P
Oh noes! We have to suffer the losses of capitalism as well as the gains!? ZOMFG!
Capitalism? Only the little guys are supposed to lose at capitalism!
http://www.inthe00s.com/smile/15/snorting.gif
Subject: Re: How low will it go?
Written By: Green Lantern on 11/20/08 at 6:11 pm
I heard Rush and the rest of the neocons are already blaming it on Obama and he hasn't even taken office yet (yes I'm serious).
He may have a point. Let's face it .... Obama's been President elect for around 2 weeks ? How much MORE time does he need ? ???
Besides ........ he's black. So it MUST be his fault !
:D