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OT: Dow Jones Plummets 778 Points...New Record!

PostPosted: Tue Sep 30, 2008 6:37 am
by Enigma869
Not the kind of record anyone wants to be setting! Looks like that economic bailout plan is on hold!

http://money.cnn.com/2008/09/29/markets ... tm?cnn=yes


John from Boston

Re: OT: Dow Jones Plummets 778 Points...New Record!

PostPosted: Tue Sep 30, 2008 6:38 am
by S2M
Enigma869 wrote:Yikes! Looks like that economic bailout plan is on hold!

http://money.cnn.com/2008/09/29/markets ... tm?cnn=yes


John from Boston



Awaiting Treasury Sec. Henry Paulson......stay tuned!

PostPosted: Tue Sep 30, 2008 8:13 am
by G.I.Jim
I've only got one thing to say about this whole mess....

http://www.youtube.com/watch?v=_eyFiClAzq8

PostPosted: Tue Sep 30, 2008 8:16 am
by S2M
G.I.Jim wrote:I've only got one thing to say about this whole mess....

http://www.youtube.com/watch?v=_eyFiClAzq8



I'll take that, and raise you a

http://www.youtube.com/watch?v=4hkjkTe5kZE

PostPosted: Tue Sep 30, 2008 8:38 am
by G.I.Jim
StocktontoMalone wrote:
G.I.Jim wrote:I've only got one thing to say about this whole mess....

http://www.youtube.com/watch?v=_eyFiClAzq8



I'll take that, and raise you a

http://www.youtube.com/watch?v=4hkjkTe5kZE


Oh YEAH??? Well, that just made me think of THIS!!! :shock: :lol: :lol: :lol:

http://www.youtube.com/watch?v=o16uVon2NRQ

PostPosted: Tue Sep 30, 2008 8:46 am
by walkslikealady
What did you think when you heard of the salary some of the CEO's make? If the CEO's of companies care about their company, they could take a pay cut or give back at least 3/4 of their yearly pay to help.

PostPosted: Tue Sep 30, 2008 10:22 am
by artist4perry
walkslikealady wrote:What did you think when you heard of the salary some of the CEO's make? If the CEO's of companies care about their company, they could take a pay cut or give back at least 3/4 of their yearly pay to help.

I say instead of the "golden parachute" they usually get. They should have their "profits" stripped from them and use it to pay back the people who trusted these crooks.

PostPosted: Tue Sep 30, 2008 11:44 am
by mikemarrs
they need to pass some new legislations or cap these CEO's on how much they can make each year.something thats broken and long overdue to be fixed because these suckers are making way too much its almost like legal robbery.

PostPosted: Tue Sep 30, 2008 11:47 am
by Rhiannon
I read somewhere that the new president of WaMu got $18 million in the buy out and he'd only been employed for three weeks with them. Is that fiscal responsibility? It's absurdity. :shock:

PostPosted: Tue Sep 30, 2008 11:51 am
by RocknRoll
So goverment shoud now cap how much a CEO should make. Probably a very talented guy with a lot of ideas on how to keep a lot of people employed and make money for the stockolders.

Now can someone explain sport stars salaries?

PostPosted: Tue Sep 30, 2008 11:53 am
by Rhiannon
RocknRoll wrote:So goverment shoud now cap how much a CEO should make. Probably a very talented guy with a lot of ideas on how to keep a lot of people employed and make money for the stockolders.

Now can someone explain sport stars salaries?


I'm not saying the government should control anyone's salaries except for those they employ directly... and the WaMu dude I was refering to is obvioulsy no longer employed with WaMu. That was his "severance" if you will. If I read the story right. $6 million per week is absurd. Any way you look at it, when we're talking about a company going belly-up.

PostPosted: Tue Sep 30, 2008 12:02 pm
by RocknRoll
Rhiannon wrote:
RocknRoll wrote:So goverment shoud now cap how much a CEO should make. Probably a very talented guy with a lot of ideas on how to keep a lot of people employed and make money for the stockolders.

Now can someone explain sport stars salaries?


I'm not saying the government should control anyone's salaries except for those they employ directly... and the WaMu dude I was refering to is obvioulsy no longer employed with WaMu. That was his "severance" if you will. If I read the story right. $6 million per week is absurd. Any way you look at it, when we're talking about a company going belly-up.


I'm with you here, but if they want to control salaries of CEOS, then they better start controlling salaries of spots stars. Normally way bigger and they don't contribute anything to the economy

PostPosted: Tue Sep 30, 2008 12:15 pm
by Rhiannon
RocknRoll wrote:I'm with you here, but if they want to control salaries of CEOS, then they better start controlling salaries of spots stars. Normally way bigger and they don't contribute anything to the economy


What about celebutards? But, hey... that's just what they make, pro athletes, movie stars... rock stars... as long as there is interest generating revenue to support those industries, nothing will change.

PostPosted: Tue Sep 30, 2008 12:39 pm
by RocknRoll
Rhiannon wrote:
RocknRoll wrote:I'm with you here, but if they want to control salaries of CEOS, then they better start controlling salaries of spots stars. Normally way bigger and they don't contribute anything to the economy


What about celebutards? But, hey... that's just what they make, pro athletes, movie stars... rock stars... as long as there is interest generating revenue to support those industries, nothing will change.


So we should restriick salories for folks that are highly educated and understnd global politics and that know how to make money for this economy (ok maybe not all) but allow atheletes etc to make huge bucks?

PostPosted: Tue Sep 30, 2008 12:41 pm
by RossValoryRocks
How about this one: Congressional and Presidential salaries are tied to the average salary of the US household.

If they do good...the money goes up...they do bad...it goes down...oh and ban all lobbiests and their money.

PostPosted: Tue Sep 30, 2008 2:07 pm
by Enigma869
RossValoryRocks wrote:How about this one: Congressional and Presidential salaries are tied to the average salary of the US household.

If they do good...the money goes up...they do bad...it goes down...oh and ban all lobbiests and their money.



I absolutely LOVE this idea! It's no different than an athlete being offered incentives in his contract. The only flaw with this is that most of our presidents are well enough off that they simply don't need the money. I can't remember the last president we had who wasn't rich, before getting into The White House!


John from Boston

PostPosted: Tue Sep 30, 2008 2:09 pm
by 7 Wishes
I believe it was Taft. He lived in a shanty in Cleveland before he was elected.

PostPosted: Tue Sep 30, 2008 2:12 pm
by stevew2
Im selling my stock in NOM0TA. That was a retarded name anyway. they should rename it NOMOLIPP

PostPosted: Wed Oct 01, 2008 12:43 am
by Tito
stevew2 wrote:Im selling my stock in NOM0TA. That was a retarded name anyway. they should rename it NOMOLIPP


I disagree. This is one stock that will continue to go up. It's a winner.