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tejastech08
 Rep: 194 

Re: Record plunge for the Dow

tejastech08 wrote:

This movie was apparently released to theaters recently:

BLS-Pride
 Rep: 212 

Re: Record plunge for the Dow

BLS-Pride wrote:

They showed that clip during Ron Paul's event at the Republican Convention too.

James
 Rep: 664 

Re: Record plunge for the Dow

James wrote:

I love Carlin. He's almost not even a comedian because the reason his jokes were so funny is because they were true. He always saw the hypocrisy and absurdity of the world we live in.

Too bad he isn't here to rant during the collapse.


Read his books if you haven't yet. Napalm and Silly Putty is a masterpiece.




bigbri wrote:

I made a joke a few weeks ago about how CD was finally going to see the light of day ... during another Great Depression. I'm not laughing now.

14 You know what else is sad? You know how there's always been those conspiracy sites rambling about end times and they always have these obscure links written by wackos?

Now they use links straight from legitimate news sources. That's how bad things are. People don't have to make up "the sky is falling" rhetoric anymore, because the sky really is falling.

James
 Rep: 664 

Re: Record plunge for the Dow

James wrote:

marketdowngijm8.jpg



Game Over

tejastech08
 Rep: 194 

Re: Record plunge for the Dow

tejastech08 wrote:
James Lofton wrote:

I love Carlin. He's almost not even a comedian because the reason his jokes were so funny is because they were true. He always saw the hypocrisy and absurdity of the world we live in.

Too bad he isn't here to rant during the collapse.


Read his books if you haven't yet. Napalm and Silly Putty is a masterpiece.




bigbri wrote:

I made a joke a few weeks ago about how CD was finally going to see the light of day ... during another Great Depression. I'm not laughing now.

14 You know what else is sad? You know how there's always been those conspiracy sites rambling about end times and they always have these obscure links written by wackos?

Now they use links straight from legitimate news sources. That's how bad things are. People don't have to make up "the sky is falling" rhetoric anymore, because the sky really is falling.

I was thinking about this earlier. Maybe the Mayans with their 2012 prediction actually NAILED the end times. The way things are going right now it would not be shocking to see the entire world deal with a nuclear holocaust in the wake of a global economic collapse followed by wars over resources.

As for Carlin, I actually have Napalm. My sister gave it to me a few years ago. I have only read a few pages of it. I have all his albums. I'll have to get around to reading that book sometime, hopefully before 2012 of course. tongue

The other amazing thing about Carlin is that he was just the total package. Delivery, vocabulary, great voice, lots of truthful commentary, and even the damn physical comedy was always hilarious. His eyes were AMAZING. The shoulder hunches, etc. LOL. And he was STILL kicking ass just recently before he died. He had that HBO special earlier this year and it was great, one of the best he's ever done I thought. Sucks that he's gone. It's been a shitty year for celeb deaths, but it's looking like they picked a good time to get the fuck out of dodge. The rest of us are in for a bumpy ride. 16

Randall Flagg
 Rep: 139 

Re: Record plunge for the Dow

This is good.  America needs this to happen to show that liberal economic and social programs destroy an economy.  This isn't proof of the free market collapsing, its proof that government medling in the market and forcing companies to give money to poor families with no collateral is poor fiscal policy.  This is going to send a much needed jolt to people to wake the fuck up and start living within their means.  It's going to teach people that they alone are responsible for their welfare and can't delude themselves into thinking the government will be there when it comes time to pay the piper.

The Republicans are right on this.  Even if their reason for doing it is political posturing, the outcome is still correct.  We need to ride this out and let the market correct itself and kick the government yoke.  Adding more fuel to the fire that was created by government intervention isn't going to help us.

Axlin16
 Rep: 768 

Re: Record plunge for the Dow

Axlin16 wrote:

lmao...


If you guys (James & Randall) think this is the result of 'runaway liberalism' & 'social programs' ...


Seriously, stop listening to Pat Buchanan.


This is the result of a free market. LIVE WITH IT.

I'm not saying the U.S. government should become the U.S.S. government and control everything, but to think SOME regulation leads to socialism is 9/11 truther paranoia. Runaway liberalism.... *stunned* i'm still in shock by that statement.

As for Republicans backing out because they view it as 'the quick fix' or good for the short-term... I can't really disagree with them. No one knows what to do. If we pass it, we put a BAND-AID on the problem, but the sore is still there... festering, leading the enormous long-term debt for the country and future generations.

Confronting the problem, and just riding out the storm, refusing a bail out, will kill us in the short term. We have to survive to BE in the long term. If we've got soup lines, and starvation deaths, and suicides... that $700 billion dollar bail out is gonna start looking alot better.

James
 Rep: 664 

Re: Record plunge for the Dow

James wrote:
Randall Flagg wrote:

This is good.  America needs this to happen to show that liberal economic and social programs destroy an economy.  This isn't proof of the free market collapsing, its proof that government medling in the market and forcing companies to give money to poor families with no collateral is poor fiscal policy.  This is going to send a much needed jolt to people to wake the fuck up and start living within their means.  It's going to teach people that they alone are responsible for their welfare and can't delude themselves into thinking the government will be there when it comes time to pay the piper.

The Republicans are right on this.  Even if their reason for doing it is political posturing, the outcome is still correct.  We need to ride this out and let the market correct itself and kick the government yoke.  Adding more fuel to the fire that was created by government intervention isn't going to help us.

Its too late for that solution. If this was a bit earlier in the decade, I'd say let it all fall. We're staring into the abyss now, and we have to "stay the course". This isn't the 80s where Reagan can pull a solution out of his hat and everything is "a-ok".

I understand your point. The liberals wanted this utopia and now they have it. Problem is, they took us all down in this fantasy. Now that its not peaches and cream like in their visions, they're looking at anyone to blame.

Conservatism is dead. The liberals won, but they had to send us all into oblivion to win.

A "market correction"? We lost over one trillion dollars yesterday. Thats more than a correction and its the tip of the iceberg. If this continues, that 700 billion dollar bailout is gonna be chump change.


Yeah, the free market is collapsing. I know its sad to come to terms with that, but its happening. As you know, its not just the US dealing with this mess now. Europe is about to sink also, and economies tied down by us are faltering as well.


Seriously, stop listening to Pat Buchanan.

I don't need Pat Buchanan to be able to use my brain, and in actuality haven't watched much TV in months. Have barely watched any football.

Good to know he sees what is happening though.


If you guys (James & Randall) think this is the result of 'runaway liberalism' & 'social programs' ...

Wait, let me guess what's to blame....."Reaganomics"?:laugh: That was the last time this country prospered without using a credit card.

This is the result of a free market.

yeah.....with ultra liberal policies enacted over the previous two administrations. Flagg is a hardcore republican and I'm sure he'll admit that Bush basically continued many of the policies started on Clinton's watch.


LIVE WITH IT.

Unfortunately, we have to.

Runaway liberalism.... *stunned* i'm still in shock by that statement.

So you think fiscally conservative policies is what led to this mess?


As for Republicans backing out because they view it as 'the quick fix' or good for the short-term... I can't really disagree with them. No one knows what to do. If we pass it, we put a BAND-AID on the problem, but the sore is still there... festering, leading the enormous long-term debt for the country and future generations.

Yeah they're like chickens with their heads cut off and the problem sure isn't going away. I can see why Congress is hesitant. Nothing will ever be the same again, and each and every one of them presided over our collapse. Not a very good legacy to have.

Confronting the problem, and just riding out the storm, refusing a bail out, will kill us in the short term. We have to survive to BE in the long term. If we've got soup lines, and starvation deaths, and suicides... that $700 billion dollar bail out is gonna start looking alot better.

I agree. It has to be passed. There's no ifs, ands, or buts about it. It should have already been passed.

Randall Flagg
 Rep: 139 

Re: Record plunge for the Dow

This has nothing to do with the free market.  How can you call this evidence the free market failed when the whole reason it went under is because of regulations the government imposed on it.  These lenders would not have given money to a lot of people if federal law didn't require them too. 

This wasn't the free market at work here.  This was a market with its hands tied behind its back being told that it had to assume risks with a portion of the population because it made leftist feel good about themselves to force banks to loan money to poor minorities.

The answer here is to remove all regulation and force businesses and banks to compete which will lower costs.  People buying homes they can't afford or thinking they could make a quick buck on credit are tied into this as well.  Ultimately this comes down to people buying shit they shouldn't have and the democrats saying go ahead and buy it anyway because you should have the best quality of life you can imagine.

Now with Obama coming into office, it's only going to get worse.  We're going to have a President and Congress with no fiscal sense who are going to increase our national debt and continue these warped market policies to provide people with homes and items they can't afford on their own. 

Just look at the Soviet Union to see my point.  Their economy collapsed because they government tried to control it and didn't let the market work itself out.  Greed is a the driver behing an economy.  Greed is good.  The whole Reagan generation has this sense of entitlement that is a complete 180 from the WW2 era.  People think everything should be provided for them rather than having to work for it.  We're a society of instant gratification that only sees why lies in front of us. 

This is an epidemic that stems far from consumerism alone.  A perfect example is animal right morons who bitch and moan about cattle farms and "cruelty" to animals while they goto wal-mart and buy their nice, clean steak wraped in plastic.  They don't connect the dots.

Every "socialist" European nation has instituted free-market changes over the past 15 years and seen an increase in their economy.  American liberals (and dipshit soccer moms/nascar fans) fail to look at history and the world around them and acknowledge that "Hey, maybe it's a bad idea to use the same principles that got us into this mess to get us out of it."

Axelle01
 Rep: 3 

Re: Record plunge for the Dow

Axelle01 wrote:

It affects all of us... 2 major banks in belgium are on the verge of bankruptie because of the stuff thats happening in the US . Im scared of what could happen , ppl cant pay there bills anymore , they get fired... Whats left for my kids ?? Is history repeating and are we going back to the 30's ? This is really serious... Do you know for a 1 L of gas we pay almost 1.50$ !! not jokin sad

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