tag:blogger.com,1999:blog-15216381.post2875807884939864065..comments2024-01-19T07:30:41.591-08:00Comments on An Average American Patriot: Dow is at its lowest since 1997, this is long expected start worrying at Dow 7000!jmsjoinhttp://www.blogger.com/profile/17631105639275375922noreply@blogger.comBlogger16125tag:blogger.com,1999:blog-15216381.post-26145542312652031382009-02-23T06:38:00.000-08:002009-02-23T06:38:00.000-08:00Landsker This is just beginning! It will dwarf t...Landsker<BR/> This is just beginning! It will dwarf the Great Depression and once again we did it and are taking the entire world down with us! No prediction just long known fact.jmsjoinhttps://www.blogger.com/profile/17631105639275375922noreply@blogger.comtag:blogger.com,1999:blog-15216381.post-79001788276829925702009-02-23T05:16:00.000-08:002009-02-23T05:16:00.000-08:00Hey Brother Good to see you! I am sick after wat...Hey Brother<BR/> Good to see you! I am sick after watching the farce of debates over Obama's stimulus. It is obvious only the party's matter and not us or Obama. I am so sick of the hypocrisy and it just continues!jmsjoinhttps://www.blogger.com/profile/17631105639275375922noreply@blogger.comtag:blogger.com,1999:blog-15216381.post-28467121792140352242009-02-23T02:57:00.000-08:002009-02-23T02:57:00.000-08:00Hi Jim, If the market keeps falling, soon the midd...Hi Jim,<BR/> If the market keeps falling, soon the middle class investors will loose so much of their dividend payments, it might cause them to retract their capital, first from the market, then from their banks.<BR/> The London stock exchange (FTSE), is also gasping for breath.<BR/> British banks too, are way overstretched in terms of debt/capital leverages.<BR/> If international investors do the same, then the run on the market and the dollar and pound, as overseas investments are repatriated, will certainly add to the "rod upon the back".<BR/> I`ll make no predictions as to the final outcome, but it does seem like the collapse of the Western financial model, with all it`s structures and loopholes, is taking place.<BR/> "Interesting times" as per the Chinese proverb...landskerhttps://www.blogger.com/profile/14468667004994686779noreply@blogger.comtag:blogger.com,1999:blog-15216381.post-73228275345148073732009-02-23T00:48:00.000-08:002009-02-23T00:48:00.000-08:00The politicians in both Houses are hypocrites. If ...The politicians in both Houses are hypocrites. If Pelosi and the rest were feeling our pain, they wouldn't have voted themselves an $8,000 raise last year. Did you get an $8,000 raise last year?Brother Timhttps://www.blogger.com/profile/08603553502416272941noreply@blogger.comtag:blogger.com,1999:blog-15216381.post-77840733959306152642009-02-22T11:46:00.000-08:002009-02-22T11:46:00.000-08:00J R The entire world is going to readjust. The D...J R<BR/> The entire world is going to readjust. The Dow was already inflated but Bush and Greenspan's lies set this up.<BR/><BR/> People laughed when I use to say the Dow would go all the way back to where it was prior to Bush's artificially inflating lies then it would go down from there.<BR/><BR/> Despite what they say, this is the second Greatest Depression and it will dwarf in every respect the Great Depression!jmsjoinhttps://www.blogger.com/profile/17631105639275375922noreply@blogger.comtag:blogger.com,1999:blog-15216381.post-54054003544915879992009-02-22T11:40:00.000-08:002009-02-22T11:40:00.000-08:00shifter I am afraid that is the brighter side of...shifter<BR/> I am afraid that is the brighter side of it!I have said it for years now but this will dwarf the Great Depression in every respect!jmsjoinhttps://www.blogger.com/profile/17631105639275375922noreply@blogger.comtag:blogger.com,1999:blog-15216381.post-55940491196039133062009-02-22T11:38:00.000-08:002009-02-22T11:38:00.000-08:00Hi Monique We brought the entire world down with...Hi Monique<BR/> We brought the entire world down with us the first time and we did this and are bringing the entire world down again. This is still just beginning!jmsjoinhttps://www.blogger.com/profile/17631105639275375922noreply@blogger.comtag:blogger.com,1999:blog-15216381.post-13447247051683799152009-02-22T11:36:00.000-08:002009-02-22T11:36:00.000-08:00Monroe Anderson Damn I am sorry! You had not fou...Monroe Anderson<BR/> Damn I am sorry! You had not found me yet but I posted it here and at kos where they laughed at me. They are not laughing any more!jmsjoinhttps://www.blogger.com/profile/17631105639275375922noreply@blogger.comtag:blogger.com,1999:blog-15216381.post-78372798717895587632009-02-22T11:33:00.000-08:002009-02-22T11:33:00.000-08:00I know you are not laughing Betmo because you know...I know you are not laughing Betmo because you know the brevity of our situation. I know some people here who already started bartering.<BR/><BR/> It is to late now despite all our warnings but people are beginning to realize this is just beginning!jmsjoinhttps://www.blogger.com/profile/17631105639275375922noreply@blogger.comtag:blogger.com,1999:blog-15216381.post-56167438474313603312009-02-22T11:30:00.000-08:002009-02-22T11:30:00.000-08:00Mauigirl Don't be frightened but you could be c...Mauigirl <BR/> Don't be frightened but you could be close. When I first started warning a couple years ago people laughed at me. <BR/><BR/> They are not laughing anymore! Worse is this was done on purpose as I have shown the back up numerous times!<BR/><BR/> This is just beginning! When it hits Dow 7000 then it will get bad and go down from there.<BR/><BR/> This was put off until Bush was gone now it is starting. I am peeved because the timing is no coincidence either!jmsjoinhttps://www.blogger.com/profile/17631105639275375922noreply@blogger.comtag:blogger.com,1999:blog-15216381.post-12753419405177932002009-02-22T10:12:00.000-08:002009-02-22T10:12:00.000-08:00The Dow was inflated; Reconstitution has also been...The Dow was inflated; Reconstitution has also been warning people of this for years. But I'm not sure how much that means in a real economic sense, since 1987 broke the former economic model. It is my opinion that the Dow has to fall at least another 2000 points to be correctly aligned with the real economy, and it isn't just the Dow; Hang Seng has been stunningly overvalued, more than the Dow even.<BR/><BR/>The recession of 2001, in spite of the popular mythology, simply did not end; economic growth was a bunch of pretty numbers. For most of us, real declines occurred in our purchasing power, which would have led to the collapse of real estate no matter how those greed-driven derivatives affected the market. Obama is addressing that problem, which is good, but until the declining income problem is addressed, Obama's efforts will not stop the real estate slide. And until the real estate slide is stopped, the economy does not recover.Jolly Rogerhttps://www.blogger.com/profile/15386411633471396349noreply@blogger.comtag:blogger.com,1999:blog-15216381.post-60581586810469112552009-02-22T09:52:00.000-08:002009-02-22T09:52:00.000-08:00That cartoon says it all.That cartoon says it all.PoliShifterhttps://www.blogger.com/profile/16524480334048786423noreply@blogger.comtag:blogger.com,1999:blog-15216381.post-13593718566123031182009-02-22T09:43:00.000-08:002009-02-22T09:43:00.000-08:00It's not just where you are Jim. Things are just a...It's not just where you are Jim. Things are just as bad here and I had a look at some Dutch websites and nothing is better there.Middle Ditchhttps://www.blogger.com/profile/16493665280732775898noreply@blogger.comtag:blogger.com,1999:blog-15216381.post-87267041993489995892009-02-22T08:20:00.000-08:002009-02-22T08:20:00.000-08:00Jim: I wish I'd heard your explanation and your ad...Jim: I wish I'd heard your explanation and your advice to get out when the Dow was at ten grand.Monroe Andersonhttps://www.blogger.com/profile/06856226188529368355noreply@blogger.comtag:blogger.com,1999:blog-15216381.post-44912485325970722192009-02-22T07:47:00.000-08:002009-02-22T07:47:00.000-08:00i expect to be on the barter system soon :) i kno...i expect to be on the barter system soon :) i know what you mean though. the 'experts' are smoke and mirrors distractions. most folks listen to their news bits in the car or rushing to get around for work in the mornings or around dinnertime in the evening. otherwise, no attention is paid until they get statements in the mail. the illusion that america will right itself is strong.billiehttps://www.blogger.com/profile/16206096509976316141noreply@blogger.comtag:blogger.com,1999:blog-15216381.post-9293173829005418252009-02-22T06:54:00.000-08:002009-02-22T06:54:00.000-08:00You are right - I share the same concern. My husb...You are right - I share the same concern. My husband took a look at the really long-term picture of the DJ Index, back to 1900 - got it off of Yahoo Finance in the form of a line graph. The DJ stayed in the same general area for the entire century until 1985 when it inexplicably began to rise. It peaked in 2007 and then began to tumble.<BR/><BR/>But the scary thing is, if you run a line along the trend from the earlier part of the 1900s, and make the assumption that that is what the real value of the market is before they began gambling on the stock markets, the low might be as low as 2000.Mauigirlhttps://www.blogger.com/profile/15529827915262851910noreply@blogger.com