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Unread 09-22-2008, 01:32 AM
 
646 posts, read 1,481,803 times
Reputation: 131
Quote:
Originally Posted by NJ987654 View Post
For all the doom and gloom and the hyped up media... let me make an observation I've noted in my reading....
DOW UP 40 POINTS IN PAST MONTH... UP 18% PAST 5 YEARS... UP 44% PAST 10 YEARS...
Is this a joke?Why is it up?How many companies have gone under,how many jobs have been lost or sent over seas,why are Ford ,GM,ML,LB,GS,AIG....etc,all in major trouble......becuase the market is doing so well?Why is the goverment going to spend over 1 TRILLION in bailouts of firms.........becuase the market is up,right.


P.S.

It's up for one reason and that would be oil,nothing else and even that is falsely inflated.(by the market)
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Unread 09-22-2008, 04:26 AM
 
Location: Warren County and loving it!
3,483 posts, read 2,681,712 times
Reputation: 959
I think it is time America takes care of America. All the food, drugs, resources we give to other countries needs to end.
When we don't produce enough of these things to give to the other areas of the world WE BUY them from other sources to GIVE to them.
A lot of these countries are very rich and just choose not to help their own people.
I'd love to see this change and have us take care of us and only us for a change.
I'm sorry if this post offends anyone, but this is how I feel.
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Unread 09-22-2008, 06:02 AM
 
Location: Stewartsville, NJ
7,578 posts, read 12,096,911 times
Reputation: 1130
Quote:
Originally Posted by Jerseyt719 View Post
I think it is time America takes care of America. All the food, drugs, resources we give to other countries needs to end.
When we don't produce enough of these things to give to the other areas of the world WE BUY them from other sources to GIVE to them.
A lot of these countries are very rich and just choose not to help their own people.
I'd love to see this change and have us take care of us and only us for a change.
I'm sorry if this post offends anyone, but this is how I feel.
I couldn't agree more but "we" are part of the problem! We tend to buy whatever is the cheapest... without looking at where it was made/manufactured! If Americans start buying only American made products, this will be a moot post! But most Americans don't want to pay double for something in order to keep an American Employed! We need to be the ones to turn things around...
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Unread 09-22-2008, 07:26 AM
 
505 posts, read 885,801 times
Reputation: 186
Quote:
Originally Posted by Jerseyt719 View Post
I think it is time America takes care of America. All the food, drugs, resources we give to other countries needs to end.
When we don't produce enough of these things to give to the other areas of the world WE BUY them from other sources to GIVE to them.
A lot of these countries are very rich and just choose not to help their own people.
I'd love to see this change and have us take care of us and only us for a change.
I'm sorry if this post offends anyone, but this is how I feel.
Could. Not. Agree. More.
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Unread 09-22-2008, 01:38 PM
 
646 posts, read 1,481,803 times
Reputation: 131
Quote:
Originally Posted by Jerseyt719 View Post
I think it is time America takes care of America. All the food, drugs, resources we give to other countries needs to end.
When we don't produce enough of these things to give to the other areas of the world WE BUY them from other sources to GIVE to them.
A lot of these countries are very rich and just choose not to help their own people.
I'd love to see this change and have us take care of us and only us for a change.
I'm sorry if this post offends anyone, but this is how I feel.

Great Post!!!
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Unread 09-22-2008, 01:45 PM
 
Location: New Jersey
87 posts, read 191,991 times
Reputation: 27
Quote:
Originally Posted by Jerseyt719 View Post
I think it is time America takes care of America. All the food, drugs, resources we give to other countries needs to end.
When we don't produce enough of these things to give to the other areas of the world WE BUY them from other sources to GIVE to them.
A lot of these countries are very rich and just choose not to help their own people.
I'd love to see this change and have us take care of us and only us for a change.
I'm sorry if this post offends anyone, but this is how I feel.

couldn't agree more
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Unread 09-22-2008, 02:11 PM
 
1,294 posts, read 1,665,429 times
Reputation: 400
Sure. We take this approach then within a short time war will break out and the whole world would basically break loose.
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Unread 09-22-2008, 03:27 PM
 
Location: Stewartsville, NJ
7,578 posts, read 12,096,911 times
Reputation: 1130
down 370 points today : (
Oh well...the party was fun while it lasted..guess I need to bring the lampshade back to wally world.
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Unread 09-22-2008, 04:03 PM
 
2,977 posts, read 4,655,674 times
Reputation: 1651
Quote:
Originally Posted by Jerseyt719 View Post
I think it is time America takes care of America. All the food, drugs, resources we give to other countries needs to end.
When we don't produce enough of these things to give to the other areas of the world WE BUY them from other sources to GIVE to them.
A lot of these countries are very rich and just choose not to help their own people.
I'd love to see this change and have us take care of us and only us for a change.
I'm sorry if this post offends anyone, but this is how I feel.
You want to be really sick....read this article. The government is now including FOREIGN banks in the bail out and will be buying their bad debt with our tax dollars. Seriously I feel ill:

"Foreign banks, which were initially excluded from the plan, lobbied successfully over the weekend to be able to sell the toxic U.S. mortgage debt owned by their American units to the Treasury, getting the same treatment as United States banks."

U.S. weighs bailout of foreign banks, too - International Herald Tribune
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Unread 09-22-2008, 04:04 PM
 
2,977 posts, read 4,655,674 times
Reputation: 1651
Quote:
Originally Posted by wileynj View Post
down 370 points today : (
Oh well...the party was fun while it lasted..guess I need to bring the lampshade back to wally world.
The market only jumped so high because short selling has been halted and all the shorts had to cover their position.
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