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  #1  
Old 10-06-2008, 11:30 AM
Car audio classifieds, stereo sales, subwoofer amps mids classified caraudio, BANNED!!
 
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Angry Dow drops below 10,000



Some may not care that much but I have a lot of investments, stock and retirement that is totally going down the drain.

It's a sad, sad day.



My 401k is gonna look ugly tomorrow. Time to add in another couple % on my contributions.
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Last edited by Patrick Simmons; 10-06-2008 at 11:34 AM.
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  #2  
Old 10-06-2008, 11:59 AM
Car audio classifieds, stereo sales, subwoofer amps mids classified caraudio, BANNED!!
 
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This is really turning into a disaster at all levels...

Individuals - whoops can't pay my CC bill, bought too much Starbucks on vacation

Individuals - Oops, can't pay my mortgage (on my house that's 10X my income) spent too much on gas for my H2.

Insurance Companies - Oops, can't pay that claim, I gambled away (on real estate funds) the money I told you I had for that.

Banks - Oops, don't have enough to give you your money back. I gave it to someone else who couldn't pay it back in hope that I'd make a lot of money.

Government - I WILL PAY FOR EVERYTHING! Just put it on my tab. (national debt at ~$30k per citizen)

Future gov't - Oops, I can't pay for that.. I spent all my money and they won't let me borrow anymore.


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Last edited by Patrick Simmons; 10-06-2008 at 12:27 PM.
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  #3  
Old 10-06-2008, 12:23 PM
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beginning of the end
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Old 10-06-2008, 12:51 PM
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2012 is right around the corner, all your financial woe's are belong to it.
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if it was anyone besides nizzy i would agree. but he gave you the benefit of the doubt and only gave you a 5 pter when it should be considered a perma ban. nizzy isnt a nazi mod, hes one of the laid back ones. although i do not support all of the staffs decisions this is one staff that i do support 100%. just let it go and move on. it will expire
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Old 10-06-2008, 12:52 PM
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Hilary for 2012?
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Old 10-06-2008, 12:53 PM
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Gotta remember in the face of fiscal disaster we will (mostly our 401k's etc) fluctuate a bit, but things will typically get better!
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if it was anyone besides nizzy i would agree. but he gave you the benefit of the doubt and only gave you a 5 pter when it should be considered a perma ban. nizzy isnt a nazi mod, hes one of the laid back ones. although i do not support all of the staffs decisions this is one staff that i do support 100%. just let it go and move on. it will expire
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Old 10-06-2008, 12:54 PM
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as long as people dont freak out about it, it will be okay
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Old 10-06-2008, 12:55 PM
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Yessir.

My 401k has fluctuated 2g's in the past week alone.
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if it was anyone besides nizzy i would agree. but he gave you the benefit of the doubt and only gave you a 5 pter when it should be considered a perma ban. nizzy isnt a nazi mod, hes one of the laid back ones. although i do not support all of the staffs decisions this is one staff that i do support 100%. just let it go and move on. it will expire
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  #9  
Old 10-06-2008, 12:58 PM
Car audio classifieds, stereo sales, subwoofer amps mids classified caraudio, BANNED!!
 
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Originally Posted by bumpin buick View Post
Hilary for 2012?
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Old 10-06-2008, 01:52 PM
 
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This issue has become global now. The more people get scared the worse it will become.

Everything in the world is over inflated and people are not living within their means. With other markets and banks failing around the world it should not take more than a few months for the worlds central banks to stabilize the world economy.

I look for the USA to be a trend setter in this. That 700 billion dollar bailout will take a month to hit and take effect. Wall street and these corperations need to see things for what they are and start to rebuild.

Americans need to stop trying to keep up with the Jones and live off of so much credit and earn what they buy. People need to support local business and American companies.

If this was just the USA falling i would be very worried but all economies are in the same or worse boat. The Russian stock market fell 19+% Asain and Eroupe markets fell 3-8%

So with that being said the 5-6% loss is not so bad. Someboday needs to step up and get the worlds business leaders and bank ceo's in one room to update the worlds economy and lending and banking practices.

Right now nobody is buying stock or investing money. Everybody is waiting so if some of these people would make a move it would help a ton. I would think the bottom is here and things will start to look up within a couple months on wall street. It may not be great for a while but ok is better than bad.
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