Comments on: Whoopee for Stocks. Woe for Government Finances. http://themoderatevoice.com/24692/whoppee-for-stocks-woe-for-government-finances/ An Internet hub with domestic and international news, analysis, original reporting, and popular features from the left, center, indies, centrists, moderates, and right Wed, 15 Feb 2012 18:30:33 +0000 hourly 1 http://wordpress.org/?v=3.1.2 By: Forex Currency Predictions For 2008 | save onblog http://themoderatevoice.com/24692/whoppee-for-stocks-woe-for-government-finances/comment-page-1/#comment-165865 Forex Currency Predictions For 2008 | save onblog Sun, 30 Nov 2008 08:41:11 +0000 http://themoderatevoice.com/politics/economy/financial-crisis/24692/whoppee-for-stocks-woe-for-government-finances/#comment-165865 [...] Whoppee for stocks. Woe for government finances. [...] [...] Whoppee for stocks. Woe for government finances. [...]

]]> By: DLS http://themoderatevoice.com/24692/whoppee-for-stocks-woe-for-government-finances/comment-page-1/#comment-165838 DLS Sat, 29 Nov 2008 22:42:06 +0000 http://themoderatevoice.com/politics/economy/financial-crisis/24692/whoppee-for-stocks-woe-for-government-finances/#comment-165838 There is no great rescue of Wall Street. The reaction to the Citi early-Christmas-present insofar as its stock price changed, is just barely-looking-past-one's-nose shortest-term behavior by the more stupid among the Herd. Some institutions have been favored while others have been permitted to fail, on Wall Street. It is not an industry bailout, and never was. Giving a bailout-handout to Detroit, which always has been the wrong decision, is not meant to boost stock prices and does not guarantee a "rescue" and revaluation of their stock prices, but to perpetuate their decades-failed model until their promised new state of affairs lets them survive (while giving time to unions to put the healthy auto industry under union presence, and in the meantime go after companies like McDonald's as well as evil giant Wal-Mart). It has nothing to do with an overall bailout of the stock market, or of rescuing the economy. Normal sentiment is against large-scale intervention, anyway (least of all, from Washington), while the Bush administration is now ready simply to hand things off to the Obama administration -- even if things _could_ conceivably be improved, why would the Bush people do it, when letting things stay bad or get worse makes it that much more of a constraint on what Obama's team might try outside the scope of economic recovery? Please be patient and want until next year. There is no great rescue of Wall Street. The reaction to the Citi early-Christmas-present insofar as its stock price changed, is just barely-looking-past-one's-nose shortest-term behavior by the more stupid among the Herd. Some institutions have been favored while others have been permitted to fail, on Wall Street. It is not an industry bailout, and never was. Giving a bailout-handout to Detroit, which always has been the wrong decision, is not meant to boost stock prices and does not guarantee a “rescue” and revaluation of their stock prices, but to perpetuate their decades-failed model until their promised new state of affairs lets them survive (while giving time to unions to put the healthy auto industry under union presence, and in the meantime go after companies like McDonald's as well as evil giant Wal-Mart). It has nothing to do with an overall bailout of the stock market, or of rescuing the economy. Normal sentiment is against large-scale intervention, anyway (least of all, from Washington), while the Bush administration is now ready simply to hand things off to the Obama administration — even if things _could_ conceivably be improved, why would the Bush people do it, when letting things stay bad or get worse makes it that much more of a constraint on what Obama's team might try outside the scope of economic recovery? Please be patient and want until next year.

]]> By: Silhouette http://themoderatevoice.com/24692/whoppee-for-stocks-woe-for-government-finances/comment-page-1/#comment-165745 Silhouette Fri, 28 Nov 2008 22:47:02 +0000 http://themoderatevoice.com/politics/economy/financial-crisis/24692/whoppee-for-stocks-woe-for-government-finances/#comment-165745 There is no terrorist group that has done more damage to America's vitality than Bushco. True, Congress is pitching in. I think they're convinced we're done for and are carving up the rest of the corpse amongst themselves and their friends and leaving us to eat cockroaches and live under bridges for the rest of our and our grandchildren's lives. While the "evil" left is insisting on bringing jobs home and making healthcare affordable to jumpstart our nation back on its feet.<br><br>Up is down, purple is orange...<br><br>Thanks guys! There is no terrorist group that has done more damage to America's vitality than Bushco. True, Congress is pitching in. I think they're convinced we're done for and are carving up the rest of the corpse amongst themselves and their friends and leaving us to eat cockroaches and live under bridges for the rest of our and our grandchildren's lives. While the “evil” left is insisting on bringing jobs home and making healthcare affordable to jumpstart our nation back on its feet.

Up is down, purple is orange…

Thanks guys!

]]> By: GreenDreams http://themoderatevoice.com/24692/whoppee-for-stocks-woe-for-government-finances/comment-page-1/#comment-165742 GreenDreams Fri, 28 Nov 2008 22:03:45 +0000 http://themoderatevoice.com/politics/economy/financial-crisis/24692/whoppee-for-stocks-woe-for-government-finances/#comment-165742 Actually, it's hard to see this as more than a blip, Michael. It's been a long slide since the DOW was at 14,000 and clawing its way back almost to 9,000 still leaves most people with pummeled portfolios. Plus, the dismal holiday retail season can be counted on for more bad news and declines. Here's a 2 year picture of the slide, for perspective: <a href="http://tinyurl.com/55fq4g" rel="nofollow">http://tinyurl.com/55fq4g</a> Actually, it's hard to see this as more than a blip, Michael. It's been a long slide since the DOW was at 14,000 and clawing its way back almost to 9,000 still leaves most people with pummeled portfolios. Plus, the dismal holiday retail season can be counted on for more bad news and declines. Here's a 2 year picture of the slide, for perspective: http://tinyurl.com/55fq4g

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