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| Wells Hall Off-topic Board Politics, Religion, and Social Issues. This board is your pulpit to preach to the masses (like the Wells Hall preacher) about everything from politics to religion. Please be kind to your fellow Spartans. Post as if your family is in the other computer. |
09-25-2008, 08:13 PM
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#1 (permalink)
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Banned
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 Sparty
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just remember this bailout takes away future options to help the economy
Trillions in bailouts may be a temporary solution, but it's long term problem.
If any other crisises appear in the future and there will be some, the fed gov't has shot their wad. And we may not be able to do anything about it.
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09-25-2008, 08:14 PM
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#2 (permalink)
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#3 Chris Allen
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This is a "band-aid on a broken leg" approach.
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Quote:
Originally Posted by Jason Grilli's Sofa
I don't care who you are, if you schedule a wedding during college football season I'm not coming. All I want is my Saturdays in the fall, you have the rest of the ****ing year to get married.
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35-21 
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09-25-2008, 08:15 PM
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#3 (permalink)
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Sparty
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watching FOX News right now, what bailout??
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"The liberals' favorite argument is that there is no argument."
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09-25-2008, 08:49 PM
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#4 (permalink)
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false
they can print more money whenever they want
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Well...................we're waiting!
DantonIzzo did not attend Michigan State University.
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09-25-2008, 08:53 PM
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#5 (permalink)
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Mark Dantonio
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W00t! 
Its too late ****ers! Just let it go. Up until this week you were all "Obama" no "McCain" no...
...and now that the TV is ramming a problem that has been in the making forever down your throats you suddenly care? Please.
Hug your wife, pet the dog, have a brown pop... it is 100% out of your control now.
__________________
There's no certainty - only opportunity.
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09-25-2008, 09:04 PM
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#6 (permalink)
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I fail to see why chachi thinks he's cool
I'm guessing that I'm not alone
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Well...................we're waiting!
DantonIzzo did not attend Michigan State University.
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09-25-2008, 09:14 PM
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#7 (permalink)
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Mark Dantonio
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Quote:
Originally Posted by ninowesco
I fail to see why chachi thinks he's cool
I'm guessing that I'm not alone
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I am not certain I give a **** what you think.
Want a stock tip?
__________________
There's no certainty - only opportunity.
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09-25-2008, 09:16 PM
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#8 (permalink)
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I'll pass on that
but if you feel like explaining why you think you're so cool, I'd be interested to know
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Well...................we're waiting!
DantonIzzo did not attend Michigan State University.
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09-25-2008, 09:19 PM
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#9 (permalink)
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Mark Dantonio
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Quote:
Originally Posted by ninowesco
I'll pass on that
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Well that is just foolish on your part... my entire moderate to high risk portfolios are up about 100% since the ZOMFG MEG_DISASTER was shown to you on Fox News.
Keep getting scared sheeples.
__________________
There's no certainty - only opportunity.
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09-25-2008, 09:21 PM
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#10 (permalink)
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that didn't take long
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Well...................we're waiting!
DantonIzzo did not attend Michigan State University.
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09-25-2008, 09:26 PM
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#11 (permalink)
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Mark Dantonio
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Quote:
Originally Posted by ninowesco
that didn't take long
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NINO... is there anything you do well that I should be aware of?
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There's no certainty - only opportunity.
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09-25-2008, 09:29 PM
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#12 (permalink)
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Quote:
Originally Posted by chachi
NINO... is there anything you do well that I should be aware of?
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I'm pretty good about not bragging / lying on message boards
__________________
Well...................we're waiting!
DantonIzzo did not attend Michigan State University.
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09-25-2008, 09:30 PM
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#13 (permalink)
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#7 Brian Hoyer
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09-25-2008, 09:58 PM
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#14 (permalink)
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Sparty
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Quote:
Originally Posted by ninowesco
false
they can print more money whenever they want
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what do you think of BattleStar Galactica and bobble heads?
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09-25-2008, 09:58 PM
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#15 (permalink)
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Mark Dantonio
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Quote:
Originally Posted by ninowesco
I'm pretty good about not bragging / lying on message boards
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BULL****... check the time stamps on the trades vs. the charts.
this is direct from Etard... it is a few days old not reflecting further gains and it is time weighted... The real % is about 133% from 0% so you do the math on what I banked since the
ZOMFG MELTDOWN WE ALL GONNA DIE NOW BEOTHCES KEEP PANICKING YOU PAYING OFF MY HOUSE!
__________________
There's no certainty - only opportunity.
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09-25-2008, 09:59 PM
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#16 (permalink)
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Sparty
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Quote:
Originally Posted by chachi
Well that is just foolish on your part... my entire moderate to high risk portfolios are up about 100% since the ZOMFG MEG_DISASTER was shown to you on Fox News.
Keep getting scared sheeples. |
Now I'm confused, is it out of control or are you making a fortune?
God knows with the market going 300 pts each way, every other day, plenty have opportunities to rake in the cash.
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09-25-2008, 10:02 PM
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#17 (permalink)
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Banned
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Sparty
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Quote:
Originally Posted by chachi
BULL****... check the time stamps on the trades vs. the charts.
this is direct from Etard... it is a few days old not reflecting further gains and it is time weighted... The real % is about 133% from 0% so you do the math on what I banked since the
ZOMFG MELTDOWN WE ALL GONNA DIE NOW BEOTHCES KEEP PANICKING YOU PAYING OFF MY HOUSE!
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Wow, you kinda sucked up through august...
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09-25-2008, 10:09 PM
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#18 (permalink)
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Mark Dantonio
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Quote:
Originally Posted by Last Post
Wow, you kinda sucked up through august...
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I kinda phoned it in. I could have cut that part off.
__________________
There's no certainty - only opportunity.
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09-25-2008, 10:42 PM
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#19 (permalink)
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Location: Chicago
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Looks like you were long GLD the day it went up $100.
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"There is no means of avoiding the final collapse of a boom brought about by credit (debt) expansion. The alternative is only whether the crisis should come sooner as the result of a voluntary abandonment of further credit (debt) expansion, or later as a final and total catastrophe of the currency system involved."
- Ludwig von Mises
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09-25-2008, 11:03 PM
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#20 (permalink)
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Mark Dantonio
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Quote:
Originally Posted by ChicagoMark
Looks like you were long GLD the day it went up $100.
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Or an ultrashort... that is just my "chachi trading account"... I do wild stuff in it. Most everything else is managed and not doing nearly as well.... percentage wise
__________________
There's no certainty - only opportunity.
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09-26-2008, 05:08 PM
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#21 (permalink)
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Actually, it gives the government all the options in the world. If things don't improve with the bailout, they can decide on any amount to confiscate from taxpayers. In this package, they can pretty much decide to confiscate 100% of all citizen earnings and pay you a stipend to cover minimal working expenses. (if it came to that) The bailout package gives them carte blanch to do whatever it takes to keep the economy going, essentially.
And by "keep the economy going", I mean "keep those in control still in control," in any conceivable scenario.
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09-26-2008, 07:15 PM
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#22 (permalink)
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#22 Isaiah Dahlman
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Chachi, I disagree to some extent. If you take a look at the tbills the rates are dropping. The big money, those with bank accounts in the millions, are pulling their money out of banks because they have no confidence. Without deposits to lend against the banks are in BIG, BIG, trouble.
The FDIC needs to insure savings accounts to at least 1 million if not more. If the bill fails and we lose confidence in the financial system make sure you own DXD because we are looking at a dow in the 8,300 range. 
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The current US national debt:
$10,641,872,361,792
$34,881.96 per person
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09-26-2008, 07:53 PM
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#23 (permalink)
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#14 Brett Swenson
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__________________
Quote:
Originally Posted by TheDoctorIsIn
"Pride Cometh Before Thy Fall"
-Dantonio Prophecy 11:3
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09-26-2008, 10:06 PM
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#24 (permalink)
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Mark Dantonio
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Quote:
Originally Posted by Cuchulainn
Chachi, I disagree to some extent. If you take a look at the tbills the rates are dropping. The big money, those with bank accounts in the millions, are pulling their money out of banks because they have no confidence. Without deposits to lend against the banks are in BIG, BIG, trouble.
The FDIC needs to insure savings accounts to at least 1 million if not more. If the bill fails and we lose confidence in the financial system make sure you own DXD because we are looking at a dow in the 8,300 range. |
I was playing DXD today and lost a couple points... didn't want to hold over weekend incase the BAILOUT ZOMFG WE ALL SAVED runined, I mean fixed, the markets on Monday...
It will probably tank a couple thousand points on Monday just to piss me off.
the trades are in the trading thread.
__________________
There's no certainty - only opportunity.
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