Thread: Market News

Originally Posted by fabijo

Wonder where Europe is getting much of it's money for the trillion dollar bailout?

I thought they were taking advantage of the Discover credit card cash back program.

Reward points and frequent flyer miles

Originally Posted by fabijo

Wonder where Europe is getting much of it's money for the trillion dollar bailout?

The IMF WHICH IS FUNDED 25% FROM YOUR TAXES!!!

Chrysler owes us money!

Treasury takes $1.6 billion loss on Chrysler loan
http://finance.yahoo.com/news/Treasu...1&asset=&ccode=

Somebody explain to me why they are still in business, and the taxpayers aren't getting paid????

Originally Posted by Frixxxx

Chrysler owes us money!

Treasury takes $1.6 billion loss on Chrysler loan
http://finance.yahoo.com/news/Treasu...1&asset=&ccode=

Somebody explain to me why they are still in business, and the taxpayers aren't getting paid????

Amazing,
IMO, the only good brand product is the Jeep. I've never been without a Jeep all my life! I'll suggest we should all get a FREE new, full-loaded Wrangler (2 or 4 door). Apologies, Frixxxx, this really is an amazing travesty. Sounds like a poor "C" movie, one of the ol' Too-Big-To-Fail trageties (and one that will surely come back to bite us).
VR

Market Falling Through Support!

http://www.marketwatch.com/story/sto...vel-2010-05-20

They are letting the same guy that wouldn't take action to cure this problem in 2003/2004 head this thing up, he's doing it again? STUPID

Why the White House is wrong on derivatives
http://wallstreet.blogs.fortune.cnn....n-derivatives/

White House is not in charge of Congress. Can't control what's going on on the other end of Penn Ave. Not going to come up against the bill since he wants finance reform.

Needs to send a message to Dodd however. Maybe have the Chief of Staff do the delivery? I hear he's about as diplomatic as a Roman Legionnaire.:toung:

In case you were wondering why the market is down today, the WSJ says it is Korea's fault. Never mind the fact that the consumer is dead, housing is continuing it's descent, 1 in 5 Americans are jobless and China is in the gutter. This is exactly what I'm talking about in my latest blog entry. This is disinformation. It's incredible to me that these are professional journalists and writers penning this propaganda. If you can't think of something good, save a tree and save the world from having to load up a web page filled with flash commercials and pop ups.

Oh, wait, Korea is bearish news so that means you should buy because contrarian investing is doing the opposite. Unless you get good news, and it that case, you should always look to trickle back into equities. At least, that's what the bull cheerleaders want you to do.

I haven't trusted the WSJ since Murdoch bought them out. I want finance news from the Journal, and there are too many opinion pieces in there now: on political matters.

Originally Posted by Silverbird

Murdoch

I agree. I'm very tired of them always sticking up for Goldman Sachs too.