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Another Down Day On The Dow

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Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
 
DemocratSinceBirth Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 10:47 AM
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Another Down Day On The Dow
I wonder if the Dow will break the psychologically important 10,000 mark before the election..
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Democrats_win Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 10:51 AM
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1. On the bright side: if it keeps going down, we won't have to bail them out.
Better that they suffer the losses than poverty stricken Americans who will suffer further inflation should the bailout pass.
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BrainStorm Donating Member (922 posts) Send PM | Profile | Ignore Wed Sep-24-08 10:53 AM
Response to Reply #1
2. Actually, the more they go down, the more urgent the bailout will seem
They'll go down just far enough to make the taxpayer cry "Uncle" and then agree to give our money away to a bunch of gamblers.
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monmouth Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 10:57 AM
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3. If there is an FBI investigation going on, wouldn't some of these
cos., ie. Lehman, AIG be at least temporarily shut down or at the very least, told not to do business until the investigation is over? I mean, really.....
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DemocratSinceBirth Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 10:59 AM
Response to Reply #3
4. Probably Not Because There Is A Constitutional Presumption Of Innocence
It would seem to be akin to not letting you out on bail if you were charged with a crime...
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