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

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

Postby Enigma869 » Tue Sep 30, 2008 6:37 am

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


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

Postby S2M » Tue Sep 30, 2008 6:38 am

Enigma869 wrote:Yikes! Looks like that economic bailout plan is on hold!

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


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Awaiting Treasury Sec. Henry Paulson......stay tuned!
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Postby G.I.Jim » Tue Sep 30, 2008 8:13 am

I've only got one thing to say about this whole mess....

http://www.youtube.com/watch?v=_eyFiClAzq8
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Postby S2M » Tue Sep 30, 2008 8:16 am

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
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Postby G.I.Jim » Tue Sep 30, 2008 8:38 am

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
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Postby walkslikealady » Tue Sep 30, 2008 8:46 am

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.
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Postby artist4perry » Tue Sep 30, 2008 10:22 am

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.
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Postby mikemarrs » Tue Sep 30, 2008 11:44 am

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.
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Postby Rhiannon » Tue Sep 30, 2008 11:47 am

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:
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Postby RocknRoll » Tue Sep 30, 2008 11:51 am

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?
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Postby Rhiannon » Tue Sep 30, 2008 11:53 am

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.
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Postby RocknRoll » Tue Sep 30, 2008 12:02 pm

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
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Postby Rhiannon » Tue Sep 30, 2008 12:15 pm

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.
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Postby RocknRoll » Tue Sep 30, 2008 12:39 pm

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?
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Postby RossValoryRocks » Tue Sep 30, 2008 12:41 pm

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.
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Postby Enigma869 » Tue Sep 30, 2008 2:07 pm

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!


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Postby 7 Wishes » Tue Sep 30, 2008 2:09 pm

I believe it was Taft. He lived in a shanty in Cleveland before he was elected.
But around town, it was well known...when they got home at night
Their fat and psychopathic wives
Would thrash them within inches of their lives!
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Postby stevew2 » Tue Sep 30, 2008 2:12 pm

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

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.
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