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  Topic: GM, Ford, and Chrysler Death Watch Thread
TreebeardsUncle

Replies: 172
Views: 14168

PostForum: Current Events   Posted: Sat Oct 11, 2008 12:03 am   Subject: Re: GM, Ford, and Chrysler Death Watch Thread
Well, the DOW tested 7800 today after hitting 8500 or so on Thursday due to the credit downgrade GM is facing from the S&P. I would like to see all three go down, particularly GM, as they deserve ...
  Topic: CNN Government Cheerleader freaking out
TreebeardsUncle

Replies: 16
Views: 956

PostForum: Economics & Finance   Posted: Fri Oct 10, 2008 7:02 pm   Subject: Re: CNN Government Cheerleader freaking out
Well, that dip to 7800 this morning could have been the bottom.
The federal government is going to back up some of the banks and guarantee interbank loans, right? That should help shore things up.
...
  Topic: Depression Talk....in "Cramer"ica????
TreebeardsUncle

Replies: 16
Views: 857

PostForum: Economics & Finance   Posted: Mon Oct 06, 2008 10:45 pm   Subject: Re: Depression Talk....in "Cramer"ica????
Believe the first president in office when the Great Depression went into effect was Herbert Hoover (of Hooverville) fame followed by traitor-to-his-class F D Roosevelt. My mother knows what the GD w ...
  Topic: UK MSM: "disintegration of global finance within days
TreebeardsUncle

Replies: 52
Views: 3796

PostForum: Economics & Finance   Posted: Sun Oct 05, 2008 11:21 pm   Subject: Re: UK MSM: "disintegration of global finance within da
I think we are getting close to a bottom in the US stock market.
Am not sure exactly what it will be but figure it will dip into the 9000s, probably around 9700 by the end of the month and by Christm ...
  Topic: HRE deal failing! We are at critical mass!
TreebeardsUncle

Replies: 16
Views: 1276

PostForum: Economics & Finance   Posted: Sun Oct 05, 2008 11:05 am   Subject: Re: HRE deal failing! We are at critical mass!
What impact will that Have on the DOW? How much lower is it likely to go. Am thinking it will reach a long-term minimum of around 9700 by the end of the month and then stabilize and begin to recover ...
  Topic: Timelines of the Great Depression
TreebeardsUncle

Replies: 13
Views: 910

PostForum: Economics & Finance   Posted: Wed Oct 01, 2008 10:26 pm   Subject: Re: Timelines of the Great Depression
Agree, that inflating the appraisals of houses, giving too much of the wrong kind of loans to unqualified borrowers, bundling and selling the mbs's to unwitting investors who were left holding the bag ...
  Topic: What will you do if the bailout passes the house?
TreebeardsUncle

Replies: 46
Views: 1975

PostForum: Current Events   Posted: Wed Oct 01, 2008 10:14 pm   Subject: Re: What will you do if the bailout passes the house?
Am expecting the house to pass the bailout this time round. The senate passed it 74 to 25. Folks will be irked if they do not and that will be reflected in another several-hundred point drop in the ...
  Topic: Timelines of the Great Depression
TreebeardsUncle

Replies: 13
Views: 910

PostForum: Economics & Finance   Posted: Wed Oct 01, 2008 6:08 pm   Subject: Re: Timelines of the Great Depression
Don't think we are going to see any depression from this credit squeeze brought on by excessive leveraging.
  Topic: Biden/Palin Debate...The horror! The horror!
TreebeardsUncle

Replies: 284
Views: 7631

PostForum: Current Events   Posted: Wed Oct 01, 2008 4:21 pm   Subject: Re: Biden/Palin Debate...The horror! The horror!
This is not satisfactory.

Boobus Americanus, in its anti-intellectual belligerent slovenly way, is pushing though another obviously unqualified nitwit for highest office. There is more to lea ...
  Topic: Biden/Palin Debate...The horror! The horror!
TreebeardsUncle

Replies: 284
Views: 7631

PostForum: Current Events   Posted: Wed Oct 01, 2008 4:12 pm   Subject: Re: Biden/Palin Debate...The horror! The horror!
This is a follow-up on my previous post.


{ My brother who is a professor of composition in Melbourne, Florida made some good points:}

In a message dated 10/1/2008 11:22:47 A.M. Pacific Dayligh ...
  Topic: Biden/Palin Debate...The horror! The horror!
TreebeardsUncle

Replies: 284
Views: 7631

PostForum: Current Events   Posted: Tue Sep 30, 2008 10:23 pm   Subject: Re: Biden/Palin Debate...The horror! The horror!
So, would people care to comment on the intelligence and education level of S. Palin? Did folks notice her answer to Katie Couric's question as to the meaning of the proposed financial bailout. Sarah ...
  Topic: Beginning of the Second Great Depression in the US? (Poll)
TreebeardsUncle

Replies: 29
Views: 1906

PostForum: Economics & Finance   Posted: Tue Sep 30, 2008 7:34 pm   Subject: Re: Beginning of the Second Great Depression in the US? (Pol
Alright, on Matt Savinar's site as well as in video clips featuring Kramer and Susie Ormond you can see references to the DOW sinking to 8300 or 8000 to 8500. That does not take into account the shor ...
  Topic: Two More Bank failures tonight!
TreebeardsUncle

Replies: 82
Views: 7376

PostForum: Current Events   Posted: Sun Sep 28, 2008 11:32 pm   Subject: Re: Two More Bank failures tonight!
Citibank is having trouble too.

In the absense of this bailout, the Dow would have gone to 8300 the week before last. See Matt S's board. After that I think it would have leveled our around 7000. ...
  Topic: We probably have less than 12-to-18 months before TSHTF
TreebeardsUncle

Replies: 264
Views: 39494

PostForum: Economics & Finance   Posted: Thu Sep 25, 2008 4:53 pm   Subject: Re: We probably have less than 12-to-18 months before TSHTF
At this point it is still no big deal and business is pretty much proceeding as usual except for a few folks on Wall Street and scattered around. Did notice that a Chrysler dealership had closed on n ...
  Topic: CNN reports gas shortages in South East USA!
TreebeardsUncle

Replies: 75
Views: 5113

PostForum: Current Events   Posted: Mon Sep 22, 2008 10:09 pm   Subject: Re: CNN reports gas shortages in Atlanta!
Looks like it is a good idea to buy more oil stocks soon.
 
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