Black Monday...
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The Mikado
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« on: September 14, 2008, 11:02:06 PM »

I suppose everyone's heard the news about Bank of America buying Merrill Lynch and Lehman Brothers liquidating(!).  Besides the more immediate implications on everyone's pocketbooks (this one's going to be a bloodbath on the NYSE), what do you think the implications on the election?  Or, if you're feeling ambitious, on the future of the American economy?
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snowguy716
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« Reply #1 on: September 14, 2008, 11:03:58 PM »

It's okay.. Sarah Palin had a childhood friend with an interest in rare coins.  The market will be saved. [/snark]

I don't know that this will have much of an effect on the election.  I think the economy will take a hit, but I don't see things spiraling out of control.
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memphis
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« Reply #2 on: September 14, 2008, 11:04:45 PM »

Let's wait and see how ugly tomorrow is. Could be Olympia Snowe ugly. Could be Barbara Mikulski ugly.
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Eraserhead
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« Reply #3 on: September 14, 2008, 11:07:13 PM »

Econmic matters are irrelevant because Sarah Palin likes "mooseburgers" and her husband is Alaska's "first dude". lololol

That is so special.
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snowguy716
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« Reply #4 on: September 14, 2008, 11:08:37 PM »

Yeah, it's okay.. Sarah Palin will hunt moose and provide meat for everybody.
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Miamiu1027
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« Reply #5 on: September 14, 2008, 11:09:12 PM »

hopefully it is the beginning of the end.  but I doubt it.
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ChrisFromNJ
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« Reply #6 on: September 14, 2008, 11:10:02 PM »

I'm always skeptical of these doomsday Sunday scenarios. Let's wait and see what happens when the markets open tommorrow morning. I doubt it will be as bad as everybody makes it out to be, but make no mistake, we are in deep doo doo right now.
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snowguy716
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« Reply #7 on: September 14, 2008, 11:11:37 PM »

I'm always skeptical of these doomsday Sunday scenarios. Let's wait and see what happens when the markets open tommorrow morning. I doubt it will be as bad as everybody makes it out to be, but make no mistake, we are in deep doo doo right now.

Noo... we're fine.  We just need to stop whining!  And let's throw in another tax cut for the rich while we're at it.
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King
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« Reply #8 on: September 14, 2008, 11:12:20 PM »

If the Obama campaign can talk General Motors into filing for bankruptcy tomorrow, then he could take a real nice lead in the polls.
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J. J.
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« Reply #9 on: September 14, 2008, 11:12:34 PM »

There is the "the crisis has passed" effect.  The market responds to uncertainty.  If it's a done deal. in might not be the bloodbath.
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exnaderite
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« Reply #10 on: September 14, 2008, 11:12:40 PM »

It's okay. Sarah Palin will shoot the bears on Wall Street from a helicopter.
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Eraserhead
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« Reply #11 on: September 14, 2008, 11:12:57 PM »

hopefully it is the beginning of the end.  but I doubt it.

of The Empire?
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Miamiu1027
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« Reply #12 on: September 14, 2008, 11:20:24 PM »


you got it bro.  the end of it all.  back to the hunter/gatherer days.
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Keystone Phil
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« Reply #13 on: September 14, 2008, 11:22:08 PM »

It's ok. The Obama fanatics are still attacking Palin to satisfy their unusual hatred for the woman. Sounds good to me though.
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snowguy716
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« Reply #14 on: September 14, 2008, 11:28:05 PM »

It's ok. The Obama fanatics are still attacking Palin to satisfy their unusual hatred for the woman. Sounds good to me though.

I don't hate Sarah Palin.  I just think she is vastly under-qualified to be vice president of the United States.
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Ronnie
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« Reply #15 on: September 14, 2008, 11:29:19 PM »

It's ok. The Obama fanatics are still attacking Palin to satisfy their unusual hatred for the woman. Sounds good to me though.

I don't hate Sarah Palin.  I just think she is vastly under-qualified to be vice president of the United States.

Like Obama is vastly underqualified to be president?
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Nym90
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« Reply #16 on: September 14, 2008, 11:29:27 PM »

I'm always skeptical of these doomsday Sunday scenarios. Let's wait and see what happens when the markets open tommorrow morning. I doubt it will be as bad as everybody makes it out to be, but make no mistake, we are in deep doo doo right now.

Noo... we're fine.  We just need to stop whining!  And let's throw in another tax cut for the rich while we're at it.

You got it my man. Trickle down economics works far better than that demand side crap, as proven by past track record.
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Tender Branson
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« Reply #17 on: September 14, 2008, 11:56:44 PM »

If Obama and the Democrats can't profit from this and win on Nov. 4, I´ll lose all my faith in this party to win Presidential Elections ...
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Person Man
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« Reply #18 on: September 15, 2008, 12:18:32 AM »

It's ok. The Obama fanatics are still attacking Palin to satisfy their unusual hatred for the woman. Sounds good to me though.
It's okay. I've decided that there is nothing I can gain from being angry from all of these attacks, so I will learn to forgive Phil.
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Keystone Phil
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« Reply #19 on: September 15, 2008, 12:19:20 AM »

It's ok. The Obama fanatics are still attacking Palin to satisfy their unusual hatred for the woman. Sounds good to me though.
It's okay. I've decided that there is nothing I can gain from being angry from all of these attacks, so I will learn to forgive Phil.

Wink
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jfern
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« Reply #20 on: September 15, 2008, 12:31:47 AM »

The economy really sucks, and I don't understand why McCain is still leading in the polls.
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Ronnie
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« Reply #21 on: September 15, 2008, 01:02:39 AM »

The economy really sucks, and I don't understand why McCain is still leading in the polls.

Because maybe Bush isn't 100% responsible for the faltering economy?

Your party has been in charge of the do-nothing congress for 2 years now, silly.
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Fmr. Pres. Duke
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« Reply #22 on: September 15, 2008, 01:08:19 AM »

The economy really sucks, and I don't understand why McCain is still leading in the polls.

Because maybe Bush isn't 100% responsible for the faltering economy?

Your party has been in charge of the do-nothing congress for 2 years now, silly.

^^^

People here are vastly overestimating the influence the President has over the economy. The truth is it will rebound whether we elect Obama or McCain. And, the truth is that we aren't even in a recession. The economy grew 3.3% last quarter. Things are bad, but they aren't terrible. It always rebounds. The market will sort itself out.
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Meeker
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« Reply #23 on: September 15, 2008, 01:09:12 AM »

Your party has been in charge of the do-nothing congress for 2 years now, silly.

A party that has had narrow majorities for the past two years vs. the party that has controlled the Presidency for the past eight years and the Congress for 12 of the 16 prior years

Yes, we are to blame
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Eraserhead
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« Reply #24 on: September 15, 2008, 01:59:24 AM »

If Obama can't take back the lead by the end of this week with this crap going on, it's kind of tough to see when he does it.
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