DISQUS

AMERICAblog: Paulson talks, markets tank almost 700 points

  • ShortWoman · 12 months ago
    But whatever you do, Don't Panic!
  • smoke · 12 months ago
    49 more days of this shit
  • Bush_Bites · 12 months ago
    If Bernanke doesn't quit his Greenspan impression we're going to have worthless money.
  • unrepentant_expat · 12 months ago
    Paulson seeks to calm jittery market...

    http://www.loogon.com/video/clumsy-reporter-305...
  • lynchie · 12 months ago
    this is all that needs to be said about the bailout

    SOCIALISM FOR THE RICH

    Capitalism for the rest
  • ThingsComeUndone · 12 months ago
    Paulson and Bush both bring the stockmarket down when they talk. The markets have spoken they do not like the first Harvard MBA President.
    Maybe Harvard should stop handing out diplomas to legacy admissions.
  • lynchie · 12 months ago
    OT: watch this Saxby Chambliss ad and watch his right hand at the end. Is that a little creepy but so like a republican.

    http://www.boomantribune.com/story/2008/11/30/9...
  • lucky hussein · 12 months ago
    that seems very weird.. grand old perverts?
  • munjoyfan · 12 months ago
    I'm doing my part, buying some stock each week. Companies that actually produce things, like minerals for the future return to production, or Honda, which makes real automobiles and motorbikes.

    I'd like to introduce a new topic: television. The media is in BIG BIG trouble. They have huge carrying costs and tubing revenues. What a wonderful opportunity to launch some great new dramas (yes, real theatre on TV) and comedies and some kind of new format on coping with life, based on the reality of living in tough times, of having limited hope for the future, and rediscovering our rich and wonderful culture and all the acting and writing and musical and artistic talent which has been repressed under all this awful consumerism.

    Take a look at some of the very great TV of the 50's---Steve Allen, Ed Sullivan, the Alcoa Aluminum hour, The Armstrong Circle Theatre--and much more. So much could be done.
  • Bush_Bites · 12 months ago
    It'll happen.

    Via the Internet.
  • MNPundit · 12 months ago
    The return of Ed Sullivan? Wow, I think I am suddenly ready to throw me TV out the window. Thank god for anime and HBO! Natalie Dormer.... mmmm.....
  • lynchie · 12 months ago
    there is no one left to write these shows. that is why hollywood is about remakes of old movies, tv is about reality because there are no costs except filming. I agree there is nothing to watch except A&E, TCM, Ovation, etc.
    The Arts have been destroyed by the right wing nut jobs. Everything in their eyes is gay, or destructive of families or communist or whatever. Music and the Arts are the backbone of a civilization and separates us from all other forms of life here and everywhere in the Universe. Next time you are at work ask a fellow worker how many books he reads a month. The average in America is 3 books a year.
  • me · 12 months ago
    Obamas team will not solve this issue. All that is gonna happen is that when the Govt have borrowed themselves into a black hole and start printing money we will have inflation.

    These 'more of the same solutions' will not solve our issues. We need to rethink our concepts of growth and production for the 21st C. Start taxing international trading etc and go green with new technology free from high taxes.
  • devlzadvocate · 12 months ago
    Amazing how much Paulson looks like Daddy Warbucks and does terrible things to money.
  • MNPundit · 12 months ago
    Okay I have asked this before and I don't think I have gotten an answer.

    Isn't deflation a GOOD thing? Look if the dollar begins to deflate doesn't that mean we can DEFICIT SPEND with a reduced risk of hyper inflation? Doesn't this give us more of an ability to simply print money with less consequences?
  • RitornaVincitor · 12 months ago
    Why do they keep saying deflation is so bad? I walked to the grocery store this afternoon and bought my husband two quarts of buttermilk. The price had dropped so much on the buttermilk that I was able to throw in a cream-filled eclair, a chocolate-covered custard-filled doughnut, and a glazed old fashioned, all for about what I used to pay just for the two quarts of buttermilk. So I was able to eat the three doughnuts on the way back home and hide the evidence. When the charge comes in on our debit card he'll never suspect a thing. Deflation is wonderful!!