Market down 270.69 @ 13051.44...

[Javaman]

nice to know that all that money (our money) that was pumped into the market has really done wonders, huh?

It's as if all of their efforts were nothing more than smoke, mirrors and bullshit...as if.

[tridim]

1. I pulled out of the market after Enron and will not reinvest unless and until..

real regulations are put back in place.

The market is a sucker's bet, right now I trust gambling at a casino more than I trust the market.

[The_Casual_Observer]

2. 7 years of gaming the system, it had to unravel eventually.

That money pumping thing was just another trick that won't hold.

[Warpy]

3. That's all it was, really

An economy supported on nothing but debt is not sustainable.

That being said, some things have intrinsic value, and that includes depreciating homes and even depreciating stocks (well, as long as the company is in business).

When real wealth is concentrated at the top and the bottom has to rely on debt to maintain its standard of living, a collapse is inevitable.

[porphyrian]

4. They better hurry up and close some factories... - n/t

[endarkenment]

5. Toss another 100B on the barbie!

The fat cats and swindlers are hungry and want to be FED.

[lapfog_1]

6. Not really "our" money...

all they did was "print" some more (between the US and European central banks, about $170B total).

Will cause inflation at some point.

Calmed the markets enough so that some rich assholes were able to move their money out.

[Javaman]

7. True, more like monopoly money. lol nt