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BushCo Broke the WORLD!

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JuniperLea Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-08-08 12:34 PM
Original message
BushCo Broke the WORLD!
http://finance.yahoo.com/echarts?s=%5EDJI#chart1:symbol=^dji;range=1d;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=off;source=undefined

Some business associates and I were talking this morning about the next support level for the Dow Jones Industrials Index (DJII). Now that we are at 9200, the next support level, as depicted in this 10-year chart, is in the range of 7800-8400.

Buckle your seat belts, everyone.

The Nikkei dropped to an historic 20 year low last night, as well.

Contacts of mine in the international technology and imports industries are saying that entire shipments of consumer electronics and holiday goods are now being held back for fears of an unrivaled consumer recession over the holiday season.

http://www.marketwatch.com/news/story/asian-markets-crumble-nikkei-225/story.aspx?guid=%7B6964F8DD-C697-451B-A6FD-C0EE046F575F%7D&dist=msr_30

And not to be outplayed, the British are now pumping money into their banks.

Do you know how to mend clothing? Do you know how to fix simple things around your house? Do you know how to make crafty and folksy handmade items for gifts?

My grandma used to tell me about growing up during the depression, and how no one wore their shoes at home, but only to school, church, the occasional barn dance or shopping trip. She told me about shopping for beans, rice, and flour, and how she and her sisters would fight over the cotton cloth bags in which the staples were packaged, because that cloth would be used to make their next new underwear.



I'm fortunate. I spent a lot of time with my grandmother, and her mother, my great-grandmother. They were pros at making things work and making ends meet. I had no idea I might ever put any of those lessons into practice. I feel for people who have no idea those lessons exist.

Our only hope:






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JuniperLea Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-08-08 12:39 PM
Response to Original message
1. Looks like BushCo broke DU too!
Jeez... what a morning!
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tuckessee Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-08-08 12:41 PM
Response to Original message
2. It takes more than Bushco.
They had to have a lot of fellow travelers and dupes.
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JuniperLea Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-08-08 12:48 PM
Response to Reply #2
7. At least half of the rat bastards
Have been named "Bush" though.

Reagan started this mess. Reaganomics were an utter failure. He started us on the path leading to a "service" country instead of a manufacturing company. Then there was Bush I, who was nowhere near as bad as his evil spahn... if only for the fact that he was smart enough to hide dirty deeds, and the ability to speak coherently. Clinton helped with NAFTA and furthering deregulation, but at least he balanced the budget. I know I need say nothing about W.

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leftofthedial Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-08-08 12:43 PM
Response to Original message
3. but they and their buddies are richer than ever
and they got away with murder, theft, treason, lies, corruption, crimes against humanity, war crimes, illegal invasions, illegal occupations...

thank gawd nancy pelosi took justice off the table.
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SammyWinstonJack Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-08-08 12:45 PM
Response to Reply #3
6. If she never planned to impeach him, why couldn't she have just kept her mouth shut about it?
Why did she have to make that announcement? She would have had better bargaining power if she had kept them guessing, don't you think?
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JuniperLea Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-08-08 02:32 PM
Response to Reply #6
12. I wonder what BushCo has on her... eom
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bdamomma Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-08-08 12:43 PM
Response to Original message
4. I truly think this is what bush wanted to do.
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JuniperLea Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-08-08 01:03 PM
Response to Reply #4
11. I've had that thought as well
I don't think they knew the shit was going to hit the fan this soon.

It will all be blamed on Obama and the Democrats, even though BushCo has been in charge for 8 years and Obama is the new kid on the block.
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leftofthedial Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-08-08 12:44 PM
Response to Original message
5. But the rupture, er, crapture, er, Rapture still didn't happen!
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JuniperLea Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-08-08 12:51 PM
Response to Reply #5
9. Whaaa???
You mean? NO! You mean all those hypocritical, radical Christianists have to stay here too? Suffering and everything?

Huh. Imagine that.

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JuniperLea Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-08-08 12:52 PM
Response to Reply #5
10. DU Bugs!
Edited on Wed Oct-08-08 12:53 PM by Juniperx
Double dipping bugs!

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Ghost in the Machine Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-08-08 12:49 PM
Response to Original message
8. All for a $1 bet, too...
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rolleitreks Donating Member (282 posts) Send PM | Profile | Ignore Wed Oct-08-08 02:36 PM
Response to Original message
13. Does that mean we own it? n/t
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JuniperLea Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-09-08 03:07 PM
Response to Reply #13
14. Funny you should ask...
I was just posting in another thread... socialism steps in to bail out capitalism yet again!

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