The new plan for "fixing" the financial mess

 

Wyatt, you really are stupid aren't you.
Instead of giving any backup to your rants, you simply resort to gay bashing and insults. Typical of liberals. If you can't back up your views with facts, simply insult and attack the other side.

Remember folks. The kind of talk Wyatt is leading to got 4 people tossed out for a few days.

-voice-of-reason

My bad. I keep forgetting who controls this blog!   I'll follow suit with the remainder of the blog and post cartoons of KKK-turds, enforcement of Southern Racist views, copies of Wilson posts about how stupid and ignorant Yankees are, Homophobia, personal attacks on our local leadership and follow in line with illiterate spellers tryng to make sense of themselves.   Facts are facts son.

  Yep, there's not much left to do now except watch the McPalin duo slide down-hill in the polls.

  Maybe you and I should start some mb posting in Alaska ... 

A possible explanation for nasty posts -
Quote from [url]
A while back, Professor Clyde Wilson wrote an excellent article in Southern Partisan magazine called The Yankee Problem in America. In it Professor Wilson took on such Yankee paragons or 'virtue' as Ted Kennedy, the man who never learned to drive over a bridge straight, and St. Hillary Clinton of 'Cattle Futures' fame. Wilson described such people as smug, self-righteous, above the rules the rest of us live by, and completely convinced that they are right in all things - right enough that they deserve the privilege of telling the rest of us how to live - all for 'our own good' of course [and just maybe for their profit.]

There is no place in the Yankee mindset for grace, courtesy, compassion, consideration of the feelings of others, or for any of those Scriptural virtues that have graced and improved our civilization in the past. The Yankee knows only complete self-righteousness and, in that self-righteousness he exhibits a certain perverse pleasure in seeking to trample on the feelings of those who dare to disagree with his elevated opinions. In most cases, the Yankee understanding of accurate history is about an inch deep, and therefore, he becomes little more than a 'useful idiot' that the cultural Marxist professor that 'educated' him can turn loose on the world for the total benefit of the New World Order.

-janedoe

http://www.freerepublic.com/

This is your source of information???? Egad, I'm so HAPPY to be a Yankee. 

 As the economic stimulus package seems to be failing ( todays stock market loss stands at -336.91 at 3:00 pm) and a net loss of nearly a thousand points in less than two weeks, I am wondering how infusing nearly a trillion dollars into failed companies, bankrupt organizations and enriching the CEO's who caused the collapses helps the country.

One year ago, we stood above 14K points; today around 8890.  More than a third loss of the market in one year.

Well, I say let the stock market tank. It'll adjust itself to a realistic level at some point.

Stockbrokers and day traders are the wussiest bunch of people on the face of the planet. Take these headlines:

"Stocks fall on oil supply fears"

"Stocks fall on interest rate fears"

"Stocks fall on fears there's something hiding under my bed"

 Here's how to put a stop to the volatility.

First, stop the practice of "short selling" altogether. Nobody cares if you have your Tupperware or Avon orders drop-shipped to the purchaser, but if you're selling something like a commodity or a stock, you should at least OWN it and not just be BORROWING it. I believe in the real (not stock market) world, selling something that's being used as collateral for a loan is called "disposing of property ;under lien." It's illegal in real life. If Enron had been required to actually OWN what it was SELLING, it wouldn't have tanked - nor would it have grown into a behemoth that took so many people down with it.

Second, new rule: If you buy a stock, you have to keep it for at least 60 days before you can sell it to somebody else. Doesn't matter how much whining Baby Bob and Jocko the Clown are doing while trading stock on E-Trade and deciding what to do with their extra coins. (Rumor has it that Jocko's been laid off, by the way, and Baby Bob was spotted on the corner selling apples to tourists earlier this week.)

Third, make it illegal to go public with a stock representing a company that is nothing more than the ILLUSION of profitability.  Back during Clinton's term and at the start of George Bush's term, companies were going public and suddenly having billions of dollars in market capitalization even though they had never shown an actual profit. You buy into that kind of illusion, you deserve everything you get ... or lose ... or whatever.

Fourth, diversify. If you have a good money manager, and the stock market starts plummeting, he'll put more of your investment in the futures market. If that's falling, he'll put it in gold. If that's tanking, he'll take $400,000 of it for a trip to a spa resort and put the rest of it in a mayonnaise jar under his bed. Relax. If it doesn't work, you can be one of penpals while he serves a nice term in a cushy Federal prison - unless you can get to him with a Louisville Slugger before Federal marshalls find him.

That's a good start. I'm sure I'll think of others.