Announcement

Collapse
No announcement yet.

Dow futures down over 1000 for March 9

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • #61

    Comment


    • #62
      **** I thought gold would go up. Instead people are liquidating their gold assets to cover financial losses

      Comment


      • #63
        Originally posted by Rohirrim View Post
        What Americans have to remember is that, after the crash of 2008, the oligarchs (global corporatists, banksters, etc.) walked away with twice as much power and control of the country's wealth as they had before it started. It was the largest redistribution of wealth (from middle class to the rich) in the recorded history of economic systems. Since that crash, 85% of ALL profit made in America has gone to the 1%. Two years later, they got Citizens United and started buying up state houses all over the country. Then, more massive tax breaks.The 3 richest families in America controlled as much wealth as the bottom 50% of all Americans combined in 2018. Since then, their combined wealth has gone up $100 billion dollars. The regulations the US instituted in the 20th century to control corporate greed (monopolies, Glass Steagle, etc.) have been dismantled or have been chipped away until they are virtually meaningless in application. In 1983, 56 different companies owned media outlets in America. Now, they are owned by 6, with the overwhelming majority owned by 3. What do you think the next crash will do?

        Frogs in the pot, people.
        Great post

        Comment


        • #64
          Originally posted by L.A. BRONCOS FAN View Post
          Repeating the same old, tired mantra...

          Trump says ‘market will take care of itself’ as Dow plummets 3,000 points

          https://www.yahoo.com/finance/m/557c...will-take.html
          That is funny because it is true

          Comment


          • #65
            Originally posted by Guess Who View Post

            That is funny because it is true
            Same “if we just leave the Enrons and the WorldComs and the Goldman Sachs of the world alone, then we can always trust them to operate ethically and in the best interest of America” dogma, different day.

            Comment


            • #66
              Originally posted by Rohirrim View Post
              What Americans have to remember is that, after the crash of 2008, the oligarchs (global corporatists, banksters, etc.) walked away with twice as much power and control of the country's wealth as they had before it started. It was the largest redistribution of wealth (from middle class to the rich) in the recorded history of economic systems. Since that crash, 85% of ALL profit made in America has gone to the 1%. Two years later, they got Citizens United and started buying up state houses all over the country. Then, more massive tax breaks.The 3 richest families in America controlled as much wealth as the bottom 50% of all Americans combined in 2018. Since then, their combined wealth has gone up $100 billion dollars. The regulations the US instituted in the 20th century to control corporate greed (monopolies, Glass Steagle, etc.) have been dismantled or have been chipped away until they are virtually meaningless in application. In 1983, 56 different companies owned media outlets in America. Now, they are owned by 6, with the overwhelming majority owned by 3. What do you think the next crash will do?

              Frogs in the pot, people.
              And mental midgets like Spicoli and nyuKKK have been hoodwinked into believing this somehow serves their interests.

              Sad!

              Comment


              • #67
                And it just happened again. Another bailout for the rich with the poor getting a lousy 1200

                Comment


                • #68
                  Originally posted by 69bronco View Post
                  I wish, just 100% debt free with assets and a few years worth of supplies in case of emergency.
                  charmin distribution center.

                  Comment

                  Working...
                  X