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Thread: ITT We figure out how to save the US Financial market.

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    Deal with it DaiTengu's Avatar
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    Default ITT We figure out how to save the US Financial market.

    Two words:


    Style Points

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    the common sense fairy solecistic's Avatar
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    fuck bucks

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    Band simonj's Avatar
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    Vote democrat.

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    move to Canada

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    Senior Member Sir Bifford's Avatar
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    Tax pot.







    Just kidding. I'd pay higher taxes to keep potheads iin jail getting cornholed. Those darn criminal deviants.

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    Strangle Hazard thank mr skeltal's Avatar
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    get rid of the federal reserve, we don't need a private entity that is exempt from congressional oversight running around handing out fiat currency and putting the burden on the taxpayers when it comes time to write the checks for their errors.

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    Deal with it DaiTengu's Avatar
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    Quote Originally Posted by Rick Scarf View Post
    get rid of the federal reserve, we don't need a private entity that is exempt from congressional oversight running around handing out fiat currency and putting the burden on the taxpayers when it comes time to write the checks for their errors.

    Oh god my head

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    I loves sausage festival! djwolford's Avatar
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    Quote Originally Posted by simonj View Post
    Vote democrat.
    qft
    Quote Originally Posted by Toki
    Oh, gives to me opposites werewolves that turns to humans whens the moons comes outs!
    Quote Originally Posted by Toki
    We's not goes downs that dusty roads again!
    Quote Originally Posted by Pickles
    Toki is that straight vadka? It's not even noon...

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    Strangle Hazard thank mr skeltal's Avatar
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    Quote Originally Posted by simonj View Post
    Vote democrat.
    Democrats == Republicans
    see also: http://www.casualdiscourse.com/forum...hread.php?t=41

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    team mischief Who's Avatar
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    in this post i will figure out how to save the US election



    stop letting americans vote, let other countries vote for them

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    the common sense fairy solecistic's Avatar
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    soup has the best idea itt

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    Band simonj's Avatar
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    Quote Originally Posted by Rick Scarf View Post
    I know there are only minor differences but the democrats have the stronger economic policies at the moment.

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    Strangle Hazard thank mr skeltal's Avatar
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    Quote Originally Posted by simonj View Post
    I know there are only minor differences but the democrats have the stronger economic policies at the moment.
    Stronger in what way?
    We can't afford what we have now, how are we going to afford more social programs and handouts?

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    The US has been the most in debt nation in the developed world for years.

    But, cutting government spending, taxing higher incomes etc. would help more than a republican economic system.

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    Strangle Hazard thank mr skeltal's Avatar
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    Quote Originally Posted by simonj View Post
    The US has been the most in debt nation in the developed world for years.

    But, cutting government spending, taxing higher incomes etc. would help more than a republican economic system.
    Do you have any idea what you are saying or does your brain not work for itself anymore? Cutting government spending and lowering middle income taxes have been the traditional republican platform - that is what republicans DO (or rather, are supposed to do but don't do any more)
    Democrats have traditionally been for higher taxes and higher spending on government programs. Child, do you not see the parties converging into an ideological singularity?

    You just gave me your idea of what the democratic platform is and tried to tell me it is the opposite of the republican platform, when in actuality you gave me a republican platform.

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    Senior Member Absolution's Avatar
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    Transfer all the money into espees as mentin by tengui, then give all those espees to me then i cash them out for real money.

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    McTroy MrTroy's Avatar
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    Lets make something called ZOINTS POINTS

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    Journeyman Cocksmith Mr. E's Avatar
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    ITT Rick Scarf impresses me by being universally correct

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    Journeyman Cocksmith Mr. E's Avatar
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    Also, if the liberal media did its job instead of just being an anti-bush clusterfuck maybe you kids would know that it isn't just America's market in trouble right now

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    Strangle Hazard thank mr skeltal's Avatar
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    i heard the UK banks are going down the shitter too

    unfortunately i had to hear that on digg and not on fox news

    edit: we are probably going to end up borrowing $85,000,000,000 from China to bailout AIG by the way, in case anyone cares
    85 billion looks like a lot more money with all of the actual zeros behind it but the media never reports it that way

    could be worse, the freddie/fannie thing might be worth a trillion or two (or more).. if you're keeping score at home that would be the unfathomable dollar amount of $2,000,000,000,000 or for you mathemagicians, 2 x 10^12 aka a fucking shitload
    Last edited by thank mr skeltal; 09-18-2008 at 09:45 PM.

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    on the other side of the coin though we can get through this. as it stands now, our economy is still in better shape than the savings and loans problems of the 80s, in terms of total bank failures. Only a handful of banks have failed this time around, compared to an average of a bank every day or two - for a couple years

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    Journeyman Cocksmith Mr. E's Avatar
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    As long as China has such a prime interest in buying our debt we'll be fine. China can royally fuck up our economy whenever they want to. I think they're using that as a safety net in case shit ever hits the fan, but on the plus side it does mean that we as individual people don't have a whole lot to worry about for now.

    Though the US gov't needs to stop giving corporate bailouts. Unfortunately, the alternative to continuously giving corporate bailout is a recession, which is something that no one wants.

    It is a pickle and proposing a solution of my own is beyond my current level of economic understanding

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    Journeyman Cocksmith Mr. E's Avatar
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    Quote Originally Posted by Rick Scarf View Post
    on the other side of the coin though we can get through this. as it stands now, our economy is still in better shape than the savings and loans problems of the 80s, in terms of total bank failures. Only a handful of banks have failed this time around, compared to an average of a bank every day or two - for a couple years
    oh yeah, that goes without saying

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    Quote Originally Posted by Mr. E View Post
    oh yeah, that goes without saying
    well most people aren't as wise as you and I - according to the media, the sky is falling and everyone needs to pull their money out now while they still can

    the u.s. markets have never in its history had a negative growth over any period of at least 10 years. Manage your investments with long term goals in mind and you'll be fine. Try to daytrade or move stuff around too much and you'll be screwed even in a good economy.

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    kiss my sweaty balls benzss's Avatar
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    UK banks are just buying other UK banks.

    It's the way we roll.

    edit: oh yeah and the people now own a controlling stake of Northern Rock which will slowly disappear. Money well spent!

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    Journeyman Cocksmith Mr. E's Avatar
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    Quote Originally Posted by Rick Scarf View Post
    well most people aren't as wise as you and I - according to the media, the sky is falling and everyone needs to pull their money out now while they still can

    the u.s. markets have never in its history had a negative growth over any period of at least 10 years. Manage your investments with long term goals in mind and you'll be fine. Try to daytrade or move stuff around too much and you'll be screwed even in a good economy.
    The spread of a more-biased-by-the-day mass media is really a horrible thing for the economy. When they sensationalize little things that happen more frequently than anyone realizes they only create a self-fulfilling economic prophecy. If you tell everyone to pull their money out of their investments because a recession is coming (some say it is here which is all kinds of bullshit), and everyone will and because of that a recession will occur in a situation that, had it been left alone, wouldn't have played out to be any worse than anything else that has happened in the past 20 years.

    They did the same thing with gas prices when Ike hit. Katrina destroyed way more oil platforms and had the refineries and the pipelines shut down for longer, but when Katrina hit gas prices didn't go up too much because the media was too busy attacking federal response practices. When Ike, a significantly less catastrophic event, came along, the only big thing they had to talk about was gas supply, so they said gas prices would go up to $5.00. Then everyone goes and buys gas right before and as the refineries and pipelines are shutting down, causing the supplies that there were to be unnaturally taxed and temporarily not replenishable, causing prices to skyrocket due to dwindling supply and above average demand.

    It is kind of like traffic. If during rush hour everyone would just go the speed limit, then everyone would go the speed limit. However, there are the jackasses that don't go the speed limit because they are overly cautious mergers or a bush is on fire or some shit, causing things to get fucked up and slow when there is really no need for it to be that way at all.

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    Strangle Hazard thank mr skeltal's Avatar
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    BREAKING NEWS ALERT: KITTEN RESCUED FROM TREE IN HOBOKEN, NJ

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    Canned Kal El's Avatar
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    Just make sure MrDie doesn't see this thread

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    kiss my sweaty balls benzss's Avatar
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    Communism is the answer.

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    look, it's a victrola's Avatar
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    the answer is blowing in the wind
    quotes from the internet

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    I am an economics and finance major, and all i have to say is we should just pack it in and go home. It was fun while it lasted America

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    kiss my sweaty balls benzss's Avatar
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    Love

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    Quote Originally Posted by benzss View Post
    Communism is the answer.
    Socialism first.

    But yes Scarf is correct.

    A good link on the two main parties and how they've changed as history has progressed:
    http://www.rationalrevolution.net/ar..._the_roots.htm

    And I believe Mr. E would be in full agreement with this link:
    http://www.rationalrevolution.net/ar...t_in_ameri.htm

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    Mega Bore Atomic's Avatar
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    Acid in the water. If everyone would just drop acid we could get this stuff figured out. But wait... Didn't the hippies become democrats? Rub that idea out.

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    Prime Minister of Oztraya paulyt's Avatar
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    Steal from China.

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    We cannot keep bailing these guys out thats for sure. There has to be a accountability. Although everyone is afraid of a financial the economy collapsing, we are onluy a band-aid on the problem by doing this.

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    Journeyman Cocksmith Mr. E's Avatar
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    Quote Originally Posted by ocelot22 View Post
    I am an economics and finance major, and all i have to say is we should just pack it in and go home. It was fun while it lasted America
    Well this is an overreaction if I've ever seen one. America is nowhere near being so financially unstable that it would collapse. Nowhere near.

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    The more you know - since everyone is so freaked out about the economy and the media is painting such a dim picture.. if you're in the market to buy a house (and qualify financially to be buying one), the next few weeks are going to be the best buyer's market we've had in a looooooong time. Even if you're building instead of buying a used house, the people in that industry are so hard up for work, and materials costs are down 20-30% so you can easily get a STEAL.
    Too bad I'm still paying off some debt so I am not in the market for a house, otherwise I would be all over this like salt on a pretzel.

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    Senior Member Infernus's Avatar
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    Quote Originally Posted by Sir Bifford View Post
    Tax pot.







    Just kidding. I'd pay higher taxes to keep potheads iin jail getting cornholed. Those darn criminal deviants.
    this was my idea.


    legalize marijuana and tax it

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    Touch Me I'm Sick dudeman's Avatar
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    Piracy.



    And I'm not talking about what your gay ass fourteen year old brother does whenever he wants the newest Linkin Park album.

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