FOLKS... the stock market is a falling KNIFE "BLACK JANUARY 2008"

[dvictr]

Incase you havent been paying attention, in the last three months the stock market (Dow Jones Industrial Average and S&P 500 is down more then 10%).

The only tool the fed has to combat this slide is to lower interest rates which only further devalues the dollar... We are in the begining of a BEAR MARKET... that means that the broad indexes of most sectors are traded DOWN and the value of ALL stocks and the economy sinks..

Firms will begin to lay off and fire employees in mass numbers and UNEMPLOYENT will skyrocket... The principle cause is the oversees military spending.. WE ARE BROKE... not going broke.. THE USA is broke...

GOD BLESS everyone and I wish you the best of luck but the US will have a HARD time recovering from this... RON PAUL is our only hope but it looks like he is being drowned out by a socialist talking democratic frontrunner (obama) and the neo-cons are marginalizing his postitions everyday...

On Black Teusday in 1987 the market "crashed" in one day... This time its a more gradual collapse. GOD BLESS AMERICA

[jonahtrainer]

Incase you havent been paying attention, in the last three months the stock market (Dow Jones Industrial Average and S&P 500 is down more then 10%).

The only tool the fed has to combat this slide is to lower interest rates which only further devalues the dollar... We are in the begining of a BEAR MARKET... that means that the broad indexes of most sectors are traded DOWN and the value of ALL stocks and the economy sinks..

Firms will begin to lay off and fire employees in mass numbers and UNEMPLOYENT will skyrocket... The principle cause is the oversees military spending.. WE ARE BROKE... not going broke.. THE USA is broke...

GOD BLESS everyone and I wish you the best of luck but the US will have a HARD time recovering from this... RON PAUL is our only hope but it looks like he is being drowned out by a socialist talking democratic frontrunner (obama) and the neo-cons are marginalizing his postitions everyday...

On Black Teusday in 1987 the market "crashed" in one day... This time its a more gradual collapse. GOD BLESS AMERICA

We have been in a bear market since 2001. Any nominal gains are an illusion based on a falling dollar. The US$ is down against all currencies. The DOW and real estate are down against gold. All to the tune of at least 60% losses. All the charts are here. We have had a massive crash over the last 6 years. The American people are in for some seriously tough times. Got gold?

[dvictr]

We have been in a bear market since 2001. Any nominal gains are an illusion based on a falling dollar. The US$ is down against all currencies. The DOW and real estate are down against gold. All to the tune of at least 60% losses. All the charts are here. We have had a massive crash over the last 6 years. The American people are in for some seriously tough times. Got gold?

When the "nominal" values start falling... Thats when it gets really bad!

[Chernitsky]

I was laid off last week because our industry is failing

[jonahtrainer]

When the "nominal" values start falling... Thats when it gets really bad!

That is what is happening with real estate. It is getting ugly.

For example, a friend of mine bought a house that I warned him against. He paid $300,000 or at the time 700 ounces of gold. Today a house hasn't sold in the neighborhood for over a year. He'd be lucky to get $250,000 or lets just say 275 ounces of gold. That is a 61% crash. Yikes!

[Johnnybags]

charlatans who got us in this mess and have no clue how to get us out. It will take a depression to get someone like Paul elected or hyperinflation. Americans are dumb as posts and thats an insult to posts everywhere.

[2orb]

I was laid off in June -- worked in the housing industry.

[dvictr]

I was laid off last week because our industry is failing

sorry man

[jonahtrainer]

charlatans who got us in this mess and have no clue how to get us out. It will take a depression to get someone like Paul elected or hyperinflation. Americans are dumb as posts and thats an insult to posts everywhere.

Hey, we're Americans! Then the vast bulk of my money isn't 'American' ...

[Original_Intent]

Dow is off 240 as we speak

[forsmant]

I am a carpenter in Nebraska. Luckily I still have a job. We have slowed way down since August of 2007. We do remodels, new homes, and commercial remodeling. The boss kept us busy building him a new house this summer. Now he has two because his old one won't sell. I am looking to switch sectors.

[jstmike]

Time to watch this:

http://www.youtube.com/watch?v=as3AYVzWmOI

[Son of Freedom]

Time to watch this:

http://www.youtube.com/watch?v=as3AYVzWmOI

Bravisimo!

[Dieseler]

Best in a while!
Worthy of Television.