Dow plunges 500 points
Dow plunges 500 points – And in further economic news today …
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And in further news today, PK caption quality…
Really. Who’s voting for these things?
Good question.
I feel we should be!
Due to continuing financial troubles, the supply of ‘funny’ must be rationed. During WWII when people could not get eggs and butter, they made cakes using mayonnaise. While these cakes tasted terrible, they reminded people what real cakes tasted like and inspired everyone to fight that much harder so they could eat tasty cakes again. Let the lack of funny be your inspiration to get out there and do your part to boost the economy. Ask not what your PK can lol for you, but what you can lol for your PK.
that’s why i’m hoarding my captions…
.
muhahahahahahha
All your capital letters r belong to me! Bwahahaha!!
It’s hell you know… it’s the legacy of his Yakusa days… no little fingers… or maybe he’d carnival folk, and the finger don’t reach those pesky shift keys…
i’ve told you before fester, my keyboard has no shift keys… just capslock…
You did, yes… but not with that ID…
what ID are you referring to? you think i use socks to get my point across? was that the point you’re trying to make?
He’s getting awfully paranoid, isn’t he?
Unreserved apology. It was a different loud right winger without shift keys…
Reviewing, he made less lucid points than you do…
Again, my apologies.
and whatnext? Screw you Troll…
Okay, so, considering that mayonnaise is made with eggs, how did the people make the mayonnaise for the fake cakes? Didn’t the cakes only taste bad to the people who didn’t like mayonnaise?
Give mayonnaise a chance, People!!!
Rho, if you don’t have fresh eggs, you might have a jar of mayonnaise in the pantry or fridge, I guess.
I’ve actually seen mayo in cake recipes; I don’t think it would make the cake taste bad; supposed to make it moister, I think. Mayonnaise doesn’t have a strong flavor.
Recipe. [link]
I have had mayo cake. It is delicious. Once you try, you won’t go back. I used to request a chocolate mayo cake w/ chocolate frosting for my birthday every year.
Thank you Diss! I don’t bake very often, but will check it out. You’ll sponsor me in Overeaters Anonymous if this works out, right?
I think you’re on the right track Seth. I just think that it’s some fat cat who took both the ‘funny’ and the ‘nesting’ and sent them to some secret off-shore account.
Love the fishy! What kind is it?
We have our ten layers back now, and our input font is back to normal.
What has changed is our gratitude, generated by a period of doing
without. See where I’m going with this?
The PK taketh away, and the PK giveth back.
Blessed be the name of the PK!
Oh Might PK! Bless me for I have sinned, I have taken your name in vain and cursed the substandard lols of Heatherjlk (who may or may not be sucking someone off, I’m just saying). In your infinite wisdom you took away our nesting so I could see the error of my ways. In your infinite forgiveness you have given them back. In the name of the Pope lol, the conservative, and the liberal, amen.
*is hoarding lolz*
Smart move! We may be on rationing soon. Like a fool, I’ve been
hoarding canned food…I could kick myself!
due to the stupidity of a newly elected president, fears will drive the economy much further down while he and his congress will spend mass amounts of money to do nothing about it.
******REMINDER TO ALL VISITORS****************
PLEASE DO NOT FEED THE TROLLS!!!!
But we’re hungry!! We are losing all our savings and now we will be dependant on the gov’ment. Good thing all those evil fat cat rich people are lining up to pay higher taxes so Obama can pay our bills. What? They’re losing all their money too! WAAAAAAAAAAAAAAAA!!
Economic downturns occur during every peaceful change of power, at least to some degree. It’s just more magnified this election, is all.
where the f@ck did you get that from?
I’ve heard that before too. But I’m not sure where. S/he didn’t just make it up, although I wil try to get more data to back it up.
It’s beyond magnified, it’s the lowest level during a transition for the last 90 YEARS.
Study: Dow’s Decline Is Fastest for a New President in Nearly a Century
The Dow Jones Industrial Average has fallen 20 percent since President Obama took the oath of office.
Yes, and I’m sure some of it is due to regime change, same as usual. Have we forgotten what a tailspin it was already in BEFORE he took office? The first Bank bailout was under Bush because the bottom had already dropped out.
But of course, it’s all Obama’s fault.
Hmmm… Let’s see what started this whole mess… I know it was the housing bust. Now how did that start….
On November 12, 1999, President Clinton repealed the Glass-Steagall Act, which for 55 years had prevented banks, the nation’s lenders, to get into the so-called “investment banking” business (stock brokers). With lots of pressure in Congress by the Democratic members of the New York contingent, the Senate and House caved in and trashed a law which had provided stability in both the banking industry and on Wall Street.
“In a move that could help increase home ownership rates among minorities and low-income consumers, the Fannie Mae Corporation is easing the credit requirements on loans that it will purchase from banks and other lenders.
The action, which will begin as a pilot program involving 24 banks in 15 markets — including the New York metropolitan region — will encourage those banks to extend home mortgages to individuals whose credit is generally not good enough to qualify for conventional loans. Fannie Mae officials say they hope to make it a nationwide program by next spring.
Fannie Mae, the nation’s biggest underwriter of home mortgages, has been under increasing pressure from the Clinton Administration to expand mortgage loans among low and moderate income people and felt pressure from stock holders to maintain its phenomenal growth in profits.
Hmm… lending to people that couldn’t pay it back…. Naw… that couldn’t be it
Yes, check out the bush policy to expand this. it’s in his state of the unions in either 2001 or 2002, and there was information on int on the white house website from speeches from those same years specifically pertaining to expanding to poor minorities. Nobody’s clean on this, it goes back at LEAST as far as reagan deregulation. Bush just added more and more catalysts to the process.
Those saying it has much of anything to do with the current administration are pathetically uninformed.
Not saying there is a miracle waiting to happen either, just that nothing like this crisis could have “just happened” all of a sudden.
Don’t forget that Bush also spoke out AGAINST it, and was told not to worry, the banks would be fine. I believe that was in 2005, but I’d have to look it bak up. Barney Frank and his ilk were running around saying that all was good, nothing as wrong, the loans were ok,
But Obama is making the situation worse. I’ve already put a hiring freeze on both of my businesses, and have taken most of my money out of the stock market. (since January) I have no faith whatsoever in his throw money at it solution. “Redistribution of Wealth?” If I have to pay for that, I can’t afford to hire more people, or invest in companies that I believe in.
Not pathetically uninformed, BTW how many people do YOU employ? Obama has come in to this with his guns blazing and is determined to change everything (he is also very arrogant about it) Do you really think that the people with money (ie the employers) are just going to go on with business as usual? Nope, we’re going to batten down the hatches, stop hiring people, and pull money out of the stock market until we find out specifically how badly he is going to screw up the economy by taxing, spending and nationalizing private businesses.
You put money in stocks as a small business?
Do the employees know your gambling problem?
Oh! I would never invest the businesses money! This was my own personal savings.
So, you employing people is based on you pissing your personal money up a tree, then clawing your bad judgement back at the expense of the people who work for you?
No, my personal money is SAVINGS from what I’ve earned WORKING. I’m not employing anyone else because of the uncertainly of the shit Obama is pulling.
Are you familiar with the term “want fries with that”?? I see a great future for you in that field.
I have great respect for you as a business owner in this economic climate. My spouse and I own several small LLCs, and we are having to make some hard decisions regarding hiring, benefits and continued growth. I don’t claim to have intimate knowledge of the financial and economic aspects of the companies; I function as the HR person and thus only know about paying out regarding benefits. I do know that with current financial stagnation trends we cannot continue to support our employees in the style to which they have become accustomed and remain financially solvent for the long haul. It’s really discouraging, as each person we employ is statistically significant in our small community. While I have great hope for the future, the now is requiring us to downsize to continue functioning as an entity.
We are riding out the stock market issues regarding our savings, but as a family company, it’s really caused some battles between the partners. Some want to pull out the personal and corporate investments to bolster the faltering companies, others believe we have invested too long to give up. I tend toward the simplistic, and just want to make sure everyone eats and gets health care.
Good luck to you.
Thank you, now I don’t feel so alone here
Do you also feel like you are afraid to make any move in any direction? “if i hold off on this… then I can make sure I can keep maria on (she’s getting married this year) and Dorene on (she just moved into a new place) It’s sort of like a large family… gotta make sure everyone is taking care of. Good luck to you and your family as well.
We are totally trapped in a box, and I empathize more than you know. I feel like a bad mime act. Our employees have no idea how many sleepless nights I’ve had lately, and I’m not telling them. They are indeed family; Cam just lost his dad and has enormous funeral expenses, and Geoff’s fourth son just arrived. Thomas was in an off-the-job accident, Sharry is close to retirement, and Trina brought meals every day when our son was in the hospital. (names changed for privacy reasons).
*sigh*
I want to contribute to the economic growth of this nation, but dammit, right now I am so hamstrung I can’t stand it. Quarterlies are gonna eat our lunch, and then what the hell are we going to do for the families we love?
FYI — I can’t reply anymore tonight, as I am on my way out the door for Cam’s dad’s wake.
Again, good luck, and I’ll look for your future posts for commiseration purposes.
Talking to yourself can be controlled with stronger meds, y’know.
Chemicals are bad, froo. What’s suddenly so
wrong with the good ol’ tried-and-true
genuine eddiepscetti Whack-o-matic, now
with comfort gel grips?
Gosh, guys, I was just trying to have a conversation. If you were one of our
employees it’d be you I was worrying about. Your politics wouldn’t matter, I wouldn’t (and don’t) care. I really didn’t attack anyone, so can’t you just let me talk without insinuating I’m crazy/socking/a troll (insert insult). I promise I’ll never attack you or your politics; I just was looking to commiserate with a fellow small business owner.
There are really real people out here just trying to run a business and get by; we’re not all large nameless, faceless corporations who don’t care about lay-offs.
Set aside you cynicism long enough, please, to let people who are talking to each other just talk, okay? We need a place to talk too.
Thanks for your consideration.
You’re not the first one to come up with the
idea of posting to yourself to make it look
like two people talking. Did Unc freak you
out that much? Are you going for sympathy?
Anything you want to share about your
motivation would be welcome. It’s a curiosity,
frankly.
Hey there small business ney, I’d just like to let you know that when you pretend to be two people, you should write differently. When you write in exactly the same style, it is obvious to everyone what you are doing. Here’s a tip, make one of your characters write using shorter words and/or sentences . Use different sentence structures, and different word choices. You may not realize this, but to intelligent people, your writing is like a fingerprint. A few more random ideas you may want to think about. First, correlation is not causation. Just because two things are correlated in time does not mean the first caused the second. Second, do not jump between first and second person when pretending to be two peopel. When you say ‘our’ and then ‘mine,’ for instance, it is a dead give away that you are in fact the same person. Third, you have to segregate your knowledge. You are different people, remember?
One of you doesn’t know the situation of the other, you are strangers who just met on the Internet. Fourth, you need to research your invented backgrounds for your characters. Don’t just parrot back cliches you’ve heard other people say, it isn’t believable. Fifth, to be really believable as two different people, don’t have your characters automatically take each other’s side in everything. Mix it up a little! Disagree about minor points while keeping your main points the same. Sixth, cut down on the sentimental schmaltz. It’s pretty transparent and won’t buy you the sympathy you hope it will. Seventh, ‘data’ is not the plural form of ‘anecdote.’ Intelligent people tend to discount personal stories not backed up with facts. If you do use personal anecdotes, to make them believable. Eighth, if you choose to use unbelievable anecdotes, try to mix in some more believable stories. Using individuals names does not make a story more believable. Using specific incidents rather than vague generalities will help. Say what your businesses are and give specifics about why they are struggling. Ninth, small businesses in most small communities that were successful and standing on their own two feet before the economic downturn are not hurting as badly as you imply. This is primarily a credit crunch. It is the large businesses that are leveraged to the hilt and involved in dubious investment instruments such as derivatives and naked shorting that are hurting. Unless you are in construction (and you can’t claim that now, as it will be far too obvious) there is no real reason besides your own incompetence for you to be failing. Sure, you may not be able to expand as fast as you would like, but anyone with a sane business plan has mapped out different growth scenarios, and should have contingency plans in place. Finally, you may want to adopt different propaganda techniques. The most effective propaganda does not state its point, it assumes it. If you don’t know what that means, visit your local library and pick up a book on the subject. I hope this helps in your future endeavors.
Thank you, Seth. It’s nice when socks are a
little more challenging to spot than this one
was. There have been a lot of “too easy”
ones lately. Hopefully the others will take
your advice.
I only have one exception with your eco-
nomic assessment. Small retail stores,
especially those offering non-essentials, are
likely to suffer enormously, and many will
close, as a result. As you noted, these
businesses will not close as a direct result of
the credit crunch. Instead, many will fold
from sustained (unprecedented?) lapse in
consumer confidence. While this sort of
business may not impact the big economic
picture very much, the sight of closed busi-
nesses sets a tone, and sustains the “hard
times” atmosphere, especially in smaller
communities, I think.
what rho said. I live in a smallish town and there are plenty of businesses that have been going out of business lately for various reasons. We lost another ice cream store, but it’s montana and people apparently don’t like icecream when it’s 2 degrees out. there’s also the stores that sold western gear, people are doing things like wearing out older saddles for longer so they don’t need to spend money on a new saddle. the ski slope had to cut back major hours cause we weren’t getting the tourists we usually do.
Certainly small towns are hurting less, but they are hurting a bit.
Not that i agree with socky mcsockins…seriously how dumb do you think we are?
Seth, that was great! Not that I’m ready to become
schizophrenic or anything, but if I do, I’ve saved that
as a road map to being a better sock!
and if ney is pissing money in the markets, then I’d say that ‘yew want fries with that’ is a phrase he’d best get used to…
Wow. Just, wow.
ney, if you post again, I’ll figure out a way to get in touch with you outside of this madhouse.
IF you replace the word ‘market’ with ‘floating craps game’ then it doesn’t seem so ‘prudent’ does it? If he was gambling on horses, there’d be no sympathy at all…
I was learn so much when Seth posts.
i almost felt sorry for them till the sock thing. I thought they may have one of those low risk things, the widow orphan fund whatevers. my grandparents did that when i was born and…technically they did lose money, but i’m not sure what kind of person pulls money out of that when they think the economy is hurting…then they’ve really lost money.
FaileV, you have a big heart. Just remember
that this is likely to be someone in his/her
parents house, who has never owned a
business, and likely never will.
The posts smack of a failed attempt at fiction
writing, inspired by a recent lay-off, perhaps.
yeah…hence the almost feeling sorry. I wish I had a big heart, but i think the internet is making me even more misanthropic.
A misanthrope in Montana? Who knew?
No, we’re not in construction, and I have no idea what ney’s business is, but my family has asphalt/paving, concrete, rock crushing and trucking/heavy hauling companies. Our companies currently support 23 families. I say “our” and “mine” because it’s family-owned.
No money=no building=no business. Our state and federal contracts have dried up, since even they are in a freeze. We (as an entity) ARE hurting that badly, and there’s no point playing on anybody’s sympathies — we have to do what we have to do, period. These economic times have forced each of you to make choices regarding your spending (gas or groceries is one I hear a lot) and small businesses are in the same boat.
My family will do just fine, but the families who count on our business to remain solvent are the ones who will end up on the unemployment line. Knowing (and caring about) their personal stories is just a natural by-product of working closely together in small companies. Specific incidences: “Thomas” had his arm partially torn off in a four-wheeler accident; the re-attached limb is questionable at this point; “Geoff” has four boys (all under the age of six) and his wife “Kristi” is annoyed because she desperately wanted a daughter; “Cam’s” dad’s widow Sylvie is spiraling into a depression and we are concerned she will follow him within the next six months; “Sharry” in my children’s NaNa (godmother) and has been our receptionist since the asphalt business opened and we want to keep her employed for the next year to make sure she receives all the benefits she’s earned; “Trina” kept my family running when my son had bacterial pneumonia and was in the hospital getting IV antibiotics for two weeks.
You may note I didn’t agree with ney’s lambasting of Obama, nor did I even reference his earlier discussion. I simpy empathized with his dilemma. No matter how much anyone tries to deny it, small businesses are indeed suffering.
As I said earlier, I am not in the position to know all the financial details. I married into the companies, and thus am not a decision-making partner, so I can’t really give you “data” about our long-term planning. I do know we had planned to expand into the neighboring county and were in the process of purchasing another pit and more paving equipment, but naturally that’s on hold at this point.
I hope this clarifies my points for you, Seth. If not, I really feel badly that life has dealt you such an unpleasant hand that you had no choice but to harden your heart and become such a cynic.
@rho
Yellowstone is quite the issue with me. i’m happy darwinism exists, but feel sad for the animals that deal with the morons. “no…no don’t pet the buffalo, seriously why would you do that. why are you surpised a giant wild animal gored you?”
Maybe you aren’t ney. If not, did you both go to the same school of Small Business Bullshit? You both sound like cliches come to life. Your stories sound designed to hammer home a point about the hard, hard life of the small business owner. They read like a Communications major’s first year paper on propaganda. I have an idea, why not sell your stories to the Lifetime Television Network? You could probably make bank with that level of schmaltz. The serendipitous ending to the story, where you both happen to post to the same message board on the same day and become bestest buds, really seals the deal. It sounds like you have such a lovely work ‘family,’ with you and yours as the Patriarchal Daddy Figures helping out the poor benighted savages who wouldn’t know how to wipe their bums without you. Ah, the White Man’s Burden, it must be so hard. That’s why you deserve the lion’s share of the benefits of those benighted savages’ work. But you are lucky to be in the line of work you claim to be, our infrastructure is crumbling and you are about to be invited to sup at the government trough. Lucky for you Obama was elected and is taking concrete steps (haha) to kickstart the economy. If it was McCain, ALL your contracts with the government would be canceled, YOU would continue to be stuck with your employees healthcare costs, and your businesses would all fail. As you don’t agree with ney, can I assume you are, like most small business owners, a supporter of Obama?
Your assumptions are incorrect.
I am not a male, I am not white, I am not bestest buds with anyone save for my spouse, I lurk at this site most days, our employees are not savages (they are friends), and I support our current president in his efforts to stimulate the economy.
I posted because I was simply seeking the same thing you all are looking for; someone I could commiserate with.
Feel better yet?
Almost. Keep up the sensible replies in the face of attacks and we may just let you into our club.
Consider it a vetting process, and maybe we should consider whether we are getting too insular and sock-paranoid.
My family business really is just that. I may sound sentimental and schmaltzy; that prospect does not offend me. Our employees are indeed our friends, and I’m damn grateful to have that kind of relationship with the people who are working for us. The down side is times like this. We’ve laid-off five people (families) for the winter; I’m really hoping we can bring them back this spring.
I may sound greedy, and frankly I don’t care, but if we have to go into further debt with a stimulus package I damn sure hope our state gets enough money so we can get back to work on capital projects and keep people employed.
Seth, it can’t be a lifetime movie unless someone is being raped or has a cocaine/alcohol addiction.
@Seth: Consider it a vetting process, and maybe we should consider whether we are getting too insular and sock-paranoid.
Maybe? Lol!
Hey, small business owner said madhouse – does he get clobbered for making a Planet of the Apes reference too?
I have been likening the new admin to POtA because it seems to me like a madhouse, not out of any latent racism; perhaps that was too subtle.
Hey small business owner, sorry you are taking so much sh*t here. I believe we have found the nesting place of the assholes of the internet. Maybe when they are out of work, they’ll figure out how the economy actually works.
Small business owner, if you get a chance head over to sodahead.com
There are two parallel economies, which is the real one, the one that panders to your gambling problem, or the one where real people spend real money and go where the crap sold is what they want?
Oh, oh! I know this one! I’ll pick A, no B, no A! Am I right? What do I win?
BTW, ney recommends a half assed ‘popularity’ site? WTF?
@Unc: Evidently, we have to have small
businesses to understand. What is the
average age over at sodahead, do you
think?
the DOW fell almost 50% during bush’s presidency… there’s a lot more to the DOW than just politics… but it does make good sound bites…
No, there panic, manipulation, and the insanity of crowds…
DJX close 1/18/01 and 1/21/01: 10,587.59/10,578.24
DJX close 1/20/09: 7,949.09
And that doesn’t account for inflation, index adjustments, etc.
50% — source?
Hark! What’s this I hear? Dhoti think people should provide sources to verify their claims? Interesting….
LOL… the man who beleives that the Senate and the Court Reporting are a great left wing conspiracy wants sources?
You couldn’t write this sh!t
It’s difficult, I know, but bear with me: there’s a fairly large difference between presenting a little evidence and screaming “I HAVE PROOF AND NO YOU CAN’T SEE IT SO YOU ARE WRONG”.
So you provided evidence… when, again? I’m having trouble remembering the time you did that. Ever.
Dhoti – I hope you do not allow yourself to be bullied. The fact is, that if bullying and being driven off does not take place, this COULD end up a s a site where we ALL come at the end of a hard political day and have a few laughs at the politics (a la early SNL) of all sides.
I hold out that hope so long as we do not allow ourselves to be driven off by agenda-riddled leftists.
Yes. My horrible agenda is making sure people don’t say batsh*t crazy claims without providing reliable evidence. I must be stopped.
Not to mention, things you don’t like to hear…
*yawn* Oh look. A sock. How exciting.
*snickers*
*drops some more Troll Kibbles™ near Jane*
*dashes off unseen*
I knew it was you!!!!
I hope you stick around, Anniee and Dhoti. Maybe the conservatives on this site need an attack dog like the liberals have with Pester? Notice how they complain and complain about the ill mannered socks, but Uncle Pest never gets any flak from any of them over his bad behavior.
Screw you troll…
Stop posting pictures of your mother.
Screw you troll….
Ran out of witting things to say, didn’t you? Go take a nap gramps.
Witting? Retard.
Rearange into a well known phrase or saying:
You
Troll
Screw!
Wittgenstein’s wit was also wasted on witless nitwits.
Made you laugh.
and, Troll you missed the deliberate error.
the word is ‘arrange’. If I’m smiling, I’m planning something…
Screw.
You.
Troll.
I intend to stick around, and I could say the same about you – I hope you do as well. It’s trite to say “both” sides should be represented when we all know that there are much more than two; but at any rate it’s important that it doesn’t become and stay ONE sided. Nice to meet you, by the way. Now let’s make some lols and get them to the front page, eh?
Gah – comment didn’t show up. I’ll stick around – I certainly hope you and Dhoti do too. Nice to meet you. Nothing should be so one-sided; various shades of left do not diversity make. This place needs some color and IMO we’re just the ones to provide it
So, let me get this straight. You walk into the room, drop verbal bombs, attempt to take over the party and want to be treated as a regular?
Good luck with that.
you’re joking, right? the dow hit a high of ~ 14k during bush’s presidency and when he left office it was back around 7k. go google the dow’s history and see. there’s no need for me to give you a source for something that easy to look up.
I see — so you’re just unclear on how to calculate a trend. No problem.
hahahaha. no. you’re grasping at straws…
if you want to look at a trend watch how the mortgage crisis completely crippled several of the companies that make up the DOW. for example: CITI group is trading around $1/share… trying to link politics and the fluctuations of the stock market and financial industry doesn’t work in the real world… but still people with no financial training try it anyway…
Funny that you’d say that after trying to link politics to the fluctuations of the stock market.
@dhoti – go back and reread my comments refuting ney’s statement that obama’s presidency has driven the stock market down… and then reread my initial post on this thread… i’ve made the same position the entire time, you’ve just missed the point…
.
.
NEXT!
please reread my earlier comments to figure out what actually took place in this conversation… somebody blamed the stock market falling on obama so i refuted that by posting the change in the stock market during bush’s term…
i’ve said that politics and finance don’t correlate well three times now… but you still haven’t gotten the point…
Four words:- Pissing. In. The. Wind.
Saying anything that doesn’t match Dhoti’s world view makes you a communist…
Sorry to have to break the news, Comrade…
So? Saying anything that doesn’t match your world view makes you an automatic troll.
Welcome to the world of the screaming, trolling retard who doesn’t have the nerve to use their own ID… there again, you didn’t actually use your norman ID as whatnext? so why start now?
I like change…
Screw you, troll
Cram it, you sick, pathetic old man.
Screw. You. Troll.
Whatever. Pretty graph in your profile, though.
QED… Pissing. In. The. Wind.
Are you trying to say the economy was in fine shape before the transition?
here’s a good graph for you to look at if you’re looking for correlations between politics and economic prosperity measured by the DOW… [link]
The Dow as a reliable measure of economic prosperity? I thought
you were better informed on economics than that, frankly.
[LINK] Several economic indicators, vis a vis administrations.
Go back and read my comments about how the Dow and politics do not show good correlations. Then go back to your usual mode of personal attacks…
“Not showing good correlations” is not equal to “is not good
economic indicator,” but thanks for ignoring the link that
proves the opposite.
I’ll take you at your word that you meant one by saying
the other, though.
i was throwing out bait for people to jump on. so, thanks for falling for it. my entire argument above is about how the DOW and politics do not show one anything one way or the other.
i did not refer to the DOW as an economic indicator as it really is an investor confidence indicator more than anything…
.
and your graph is complete hogwash too. if i listened to the ny times for financial news i’d be living in a cardboard box under the freeway. have you ever
heard of how statistics can be completely misleading? the information y u’ve posted all depends on when exactly they start looking at the numbers. do you start counting when bush got elected? when bush entered office? do you include some sort of adjustment for the 9/11 attacks? did you adjust clinton’s numbers to reflect the boom of the .com industry? does the president have more sway than the legislature when it comes to the economy?
let’s put it this way: with the data at hand i could completely skew the results any way i felt like…
.
and here’s a great quote since i know you’re currently blaming the economy on bush and not obama… “President Bush’s administration was marked by a recession that began two months after he took office and another downturn in his final year of office. “
Well all right MG, but this time YOU keep an eye on Rho’s evil botanical lab. She’s making Troll Kibble ™ in there, I know she is.
I think Obama is making the Troll Kibble ™
I keep telling you it’s NOT Troll Kibble ™!
*secretly sprays Jane with Troll Love Potion #17™*
To bad for you I’m wearing my Hazmat long underwear. ;p
You’re bluffing!
What are you doing in long underwear on a 70º day?
*walks away, secretly leaving trail of Troll Not Kibble™ to Jane*
Rho, did you forget that the Love Potion # 17 ™ will make Jane start rubbing all over Anniee??? Give me that!!! *yoinks potion, breaks bottle on ground, runs away from fumes*
*to self* I wonder how long it will be before froo feels
Anniee rubbing on her leg…
*tucks away real bottle of LP17; giggles*
Maybe I shouldn’t have put so MUCH LP17 on the fake
bottle though. I havent ever tested it at triple strength
before…
I mean.. eww.. I need brain bleach.
sweating like a b@stard…
But they are so cute, and they look so hungry and lonely. Look at them with their big troll eyes all out of proportion to their tiny troll heads. It’s not their fault that they carry diseases and vermin and smell so terrible. I mean, if you had no job and still lived in your parent’s basement at the age of 39, you’d be just as repulsive as they are! Can you even imagine what it must be like, having no friends and all the personality of a two month old carton of bad Chinese food wrapped in a used diaper? I know we shouldn’t feed them, as this just discourages them from getting a life, but its so hard not to empathize with their plight.
My favorite is still the Munchkin ™ description : Internet troll- Has no special powers and is reall angry about it.
Munchkin is such a fun game!
Schadenfreudian slip FTW!
Take this one, for example…I mean, I understand how easy it is to get sucked in, and all, but just remember…The Dumb rubs off!!!{Link}
You know what’s really fun though? Talking about them as if they aren’t there. They just get more and more desperate for attention until their little troll heads explode or they run away. There’s nothing like rubbing their face in the fact that here is another fun and interesting community where people like and respect each other, and once again, they aren’t part of it. I am reminded once again of the despair.com demotivational poster, “RELATIONSHIPS: the only consistent feature of all your dissatisfying relationships is YOU.”
That poster is hillarious! I know what you mean…maybe not as harsh as the velvet rope outside Studio 54…it’s kind of like the picture of the guy standing outside the picture window of the restaraunt/bar watching everyone inside having a good time and when he finally gets up the nerve to walk inside he hears the music and yells “This music sucks!”, just as the music everyone is enjoying stops playing…everyone turns and looks at him and mutters “a$$hole”…
Damn, You’re right. I hate those trolls!!
Yaaaa, stupid me and all my stupid decisions making my stupid life stupid… *kicks own @ss*
Yes, but they grow up FAST!
[LINK]
It’s their kids I feel sorry for…[link]
Wow, Rhorho produced a successful troll picture. I want to harm that person…
Imagine Gollum with the interpersonal skills and sense of personal hygiene removed…
noooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooo
(mostly just curious if that would wrap, scroll, or break the formatting. good coding, ichc team!)
This is a pretty heinous format all the same. Wish they’d dispense with the nesting sh*t and make it something that can be properly followed without the herculean efforts required to follow this one. It really does suck.
Choooo chooooo! The Obama train is coming!
Where is that train crash? and heck, when? :/
Yeah, that’s pretty ugly. Is that the commuter wreck in Southern CA a year ago?
i dun think it was the metrolink crash… i was pretty sure it was in a more populated area… but i could be wrong…
I don’t know for sure, but this lol is from probably from November, I think. The DOW dropped 500 points November 8th, I do believe. I’ve in included a link, if you’re interested. Or it could have been in September, when that commuter train crashed and the DOW dropped 500 points (the 15th, if I recollect right).
Just speculation, mind you.
This is a really old lol, I think — there was a bad crash last September and that’s when the stock market dropped 500 points (also in November, so it could be either time — i added a link to the November 500 pt. drop).
Just a guess, but I think this is a really old lol from November, when the stock market dropped 500 points, or else September, when it dropped 500 points and the metroline crashed.
Here’s a link to the November crash.
Shit! I didn’t mean to triple post! Sorry about that!
*hangs head in shame*
To make amends, blow job joke:
-
OJ Simpson dies and goes to Hell. Satan walks up to him and says “We are completely full. There are 3 people behind these 3 doors and you must take over one of their jobs for all eternity.” Satan opens up Door #1. It is a guy chopping down a forest with just an axe. OJ says,” I can’t do that for all eternity; I got a bad shoulder from my playin’ days.” Satan opens door #2. There is a man chained up, constantly being stabbed with spears. OJ says, ” I cant do that for all eternity; That looks extremely painful.” Satan opens door #3. Bill Clinton is laying on a bed, smoking a cigar and getting a bl0w job from Monica Lewinsky. OJ says,”Now I can do THAT for all eternity!” Satan replies, ” OK then. Monica, you are free to go!”
Ah, I have heard a version of that before but that was great. You’re forgiven.
500 points, try 5,000: that stock market is about to go out of business.
Casinos never really close, the operation just gets taken over by bigger crooks…
As Avenue Q tells us: “In volatile market, only stable investment is PORN!”
Really? Who actually pays for porn these days?
ACSIS, in this economy it is essential that we not forget to support our all-important porn industry. As so many of us are cutting back to the bare essentials and eliminating discretionary spending, take a moment and think of those valiant men and women who have given us so much gratification, and dig deep in your pockets to buy the damn dvd.
Well I think he’ll follow step 1 of your instructions …
*has bought porn with Lynn before and needs to ponder next eventual porn purchase*
This should probably wait until after the cat crisis though… I’m just saying
The headline should have been accompanied by a picture of Obama with his mouth open, because the open mouth and the Dow plunging happen simultaneously nowadays. You’ve seen the video of him speaking about the economy as the numbers plunge with every word he says, right? The other day the dow rose a point and everyone knew he must not have spoken that day (he hadn’t.) Next day he gave another speech and down we dove lol. It’s becoming a pretty good joke, and would have been a timely one for this site if done well.
that’s just further proof that the stock market isn’t a very good indicator, because people panic and pull out, so instead of being a representation of the worth of companies, at the moment it’s just people panicking and pulling out, like they did with the great depression
If more men would panic and pull out, we wouldn’t have all these damn Welfare moms running around onwith a gazillion kids that we pay for with our hard earned tax dollars!!! *sarcasm* *or Limbaugh*
*with
That analogy doesn’t really apply to the stock market — when you pull your money out of a bank, their assets go down, but when you sell a share of stock, someone else is necessarily buying it. The market cap of a publicly traded company is much less coupled to demand to sell than a bank’s net worth is to its assets.
I’m not sure what analogy i made. i didn’t particular reference anything except the market crash which was partially caused by people pulling out of the market.
Stocks are at least a tentative indicator of the worth of a company (or at least they should be) when a person buys stocks the price goes up, when they begin to sell the price goes down.
When people panic and all begin to sell at once the prices tank, the stocks might even reach a zero point. When that happens it’s bankrupt, the stocks are worthless, no one is selling, no one is making money.
When people panic the stock market doesn’t make a good indicator, but it hasn’t been a good indicator in a while, the prices were inflated so they were far above what the worth of the company was. The bottom fell out and prices went down to reflect the actual worth, now people are panicking and the prices are dropping even farther.
The stock market is just too finicky to be a good indicator when things are momentarily chaotic.
I think we’re saying the same thing, but disagreeing on some of the details.
Market cap != value or solvency of the company (I don’t think). Take a simple
example — I’m taking my company public and not holding onto any of the
stock myself. I make the offering, I get cash, I’m done. My solvency doesn’t
change if the stock zooms up or crashes down — I still have the same amount
of cash.
But if I’m borrowing against it, or owning a stake myself, or leveraged somehow,
then yeah, a crash is bad. (Well, it’s always bad.) But it doesn’t mean I go
automatically bankrupt.
If the market weren’t a good indicator (and I’m not saying it is) then I wonder what in hell they’re screaming about with the economy? I mean didn’t jugears tell us it’s bad bad bad and getting worse worse worse? Actually, it’s going south now (Clower-Piven), but what’ve they been screaming about for 8 years when the GDP and most other indicators were going UP? It’s like Animal Farm, honestly, but the answer to that is so simple – a basic, solid, economic education as mandatory for Junior High school and up – would that be so hard? They have time to spend on tons of other BS that doesn’t teach anyone anything; they could spend a few hours teaching a basic economics curriculum. But that would ruin the whole socialist utopia thing we’ve got going, right? Pbut. Disgusting, really.
I suggest that we ignore Anniee until she loses the juvenile name calling.
Just a suggestion.
At least until it gets out of kindergarten in its faith of the stock market meaning something other than the madness of crowds…
I didn’t call anyone names.
However, as I stated, I was not claiming the market was even the best indicator of anything – it can crash and nothing happens at all (such as under Reagan in ‘87) or it can crash and lots happens (usually depends on the response – Reagan did nothing; nothing happened.) However, while I don’t have the faith in the market which you describe, I do have *some* respect for it which you would do well to learn – the fact is that there are billions upon billions of decisions going on every moment of every day all over the world; all coalescing into one single number – the price. That’s not the madness of the crowds; it’s a tremendous and amazing feat of logistics. When it results in a massive act of destruction, such as when the Lehman thing, it is a wonder to behold, really. When you consider just how many billions and billions of factors had to come together at the same moment? It was the kind of shock and awe we all ought to be amazed by – that’s not the simplistic picture you are seeming to give at all.
BUT if the market is no indicator, then why is everyone screaming as it plunges? Why is Obi-wan going on and on about the worst economy since the depression blahdeblah? (As though that hasn’t been a self-fulfilling prophecy, and as though the crash hadn’t been precipitated purposely) – I mean, really? Pick one or the other, you know? Either it means something or it doesn’t.
I must be speaking fecking Klingon. Either that or English isn’t good enough.
More bullsh!t. Look up ‘tulipmania’…
It’s the madness of crowds.
I don’t have to look it up. Doesn’t everyone know about the tulips?
But if that’s all you think it is, pfft. It’s a pretty shallow understanding IYKWIM. Billions upon billions of people all under the same mad delusion at once; all coalescing in insane feats of logistics – when acts of creative destruction come from that I find it rather impressive. On the other hand, the stock market isn’t a great area of interest to me one way or the other, or of study. So whatever; you go on giving it NO credence and I’ll go on giving it SOME credence and maybe you’ll go on claiming I have a kindergartner’s faith in it and that I cling to it like a liferaft. Who knows. Oh, and “gorilla”! Heh. Just figured I’d throw that in there for your amusement.
since when did share price have anything to do with a company’s real financial worth? Answer: It doesn’t. And it’s not ‘billions and billions’, just a few thousand (globally) sitting at machines, and sometimes, just machines on their own running a play book of indicators…
Seems you have not the faintest idea what you’re talking about…
and Zaius was an Orang, you muppet…
He’s not the only one. A few thousand? Get a clue. There are more
people than that on the floors of the three largest exchanges in
the world.
There may be that many on the floor, but the ones buying and selling controlled by a startlingly small number comparatively speaking. Having said that, your ability to relay ‘facts’ has been established as being slightly worse than sheep’s ability to predict rain, so I’d say you’re pulling figures out of your backside, as usual, to bolster a world view so at odds with consensus reality as to be classed as a bad acid trip.
There certainly aren’t ‘billions and billions’ of people involved in the actual driving of market price… There are only just over 6 billion humans on the planet. Taking out the children, the infirm, elderly, and non-technological countries, you end up with no where near a residual population of adults to supply ‘billions and billions’ of people into the markets… But, I’m bandying words with a retarded goat…
I KNOW Dr. Zaius was an orangutan. So?
“I didn’t call anyone names.” Jugears.
Ohhh ok – yeah Obi-wan jugears; that’s one of many nicknames. Like Shrub and Bush*ler and Chimpy and so forth; only not as nasty. Please do feel free to ignore me if that offends you – it would be a very interesting change if you and fester weren’t tag-teaming me every time I opened my mouth. Are the rest of the posters allowed to do what they like, or do you guys tell them how to conduct themselves?
No, we pretty much all think you’re an idiot too.
Awww what a lovely sentiment. Thank you. I do tend to stick to a pretty exclusive crowd – but that’s generally by choice.
When did you start name-calling, by the way?
I generally don’t, but you’re making my side look bad, so you get special treatment.
No, the mischaracterizations of what I’ve said are making you look bad for your alleged “side.” Either that or you’re not so much on that “side” as you think. And I wasn’t aware that your “side” was that of civil libertarian. But hey, I guess maybe it is.
for a civil libertarian, you SURE admire the Right Wing talking heads, tothe point of quoting them verbatim…
I tend to go for loud cretins… Frou goes by her own Criteria, as does Rho…
I’m afraid that left to right and the ugly, anarchic, bit in the middle thinks you’re stupid…
HERE perhaps; but I don’t know these people. I travel in my own circles, and there are certainly those who read me and quite enjoy doing so. It’s sort of like the Rottweilers – merely being willing to associate with them is evidence enough of where you stand. At any rate, I’ve met a few people here that are pretty cool, but they seem to be mostly cowed into silence by the majority. I for one would like to see the site end up being an equal-opportunity offender as well as a collection of humorous stuff. Considering some of the stuff I saw in the beginning, I think that’s possible. All of us political junkies need some place to come and get away from the intense emotion of real politics and have a laugh at ours and others’ expense, old-school SNL style. We’ll see if the free market we have here produces that or just another trite left-leaning mock-the-conservative/libertarian viewpoint and people and drive them off gang-bang.
Other people HAVE called names, but have you
noticed that you’re the only one doing so on PK,
besides the one-shot folk?
That screams that you want to vent, not have
discourse, so that’s that.
True to your reading comprehension skills, you
don’t seem to understand that “Just a suggestion” is
advice, not command. If you don’t know that, you’re
even more stupid than I had surmised.
I put the advice in there for those who don’t post
frequently, in order to save them the bother of you.
Anyway, so you’ll know, I answer like with like. Post
like a big girl, and I’ll give you a second thought.
Welll…sometimes that’s true and sometimes it isn’t. I have very little patience with the left right now – did you know there’s a whole website (akin to the “From 52 to 48″ ‘lovefest’) that now says “I’m sorry! I didn’t know he’d be this bad. From 58 to 42.” Hehe. That warmed the cockles of my cold black heart, believe me. Except it’s too late for that.
Link and one to come
Link to the “We’re Sorry” people LOL
“I have very little patience with the left
right now.”
Funny, but I have very little patience for the
right left now…
Link to the “We’re Sorry!” crew. Heh. Who cares? The damage is done. But it was done beforehand; you don’t get to run the lamest candidate EVER and hope to win a third term. The GOP blows.
Ok the link keeps not showing up. Maybe this time.
For all you guys love to tell me how stupid I am (I assure you I can prove that is untrue) I harbor surprisingly little ill will towards you.
But it WOULD be a change of tone to just once not be tag-teamed and see what results. I notice you don’t tag-team when I merely say that a certain LOL is funny, or decent, and happens to be a leftist one.
But I’m no one-shotter and I can laugh at a wide variety of things. Let’s hope that’s what happens in the end here, if people can resist being driven off.
Out of curiosity, do you denounce Olbermann and Garafalo and other people with messages of pure hate as vociferously as you do those who don’t agree with you politically? I’m asking seriously.
If anyone is being crappy and divisive, for
the sake of only such, then I say confront
them. I’m waaaay to the left of your com-
fort zone, so you will probably agree that
we have different takes on where the line
goes. I have a healthy skepticism for most
politicians and pundits (who earn a living
as such). Less so for the pundits, as they
are only worth what they can back up.
Politicians are more like talking heads to
my thinking. What do you think?
Gah! Nothing is nesting so it ain’t showing – try this and tell me what you think.
(link)
Now rhorho, I have a totally off-topic question for you. My daughter is a lesbian (er…totally neither here nor there) and I had a beautiful cape made for her by a brilliant seamstress. A kinsale cloak that has been worn for hundreds of years in Ireland.
She took a walk to the Quik Chek on the corner and suddenly was surrounded by POLICE. Someone had reported there was a person dressed as a superhero on the street. WHAT superhero???
They ran her NAME and they even asked her WHY she was wearing it (because it’s cold was her reply.) Now what the hell kind of fascist state am I living in FFS? Can YOU think? What IS this?
I’m scratching my head over here. I’m
sorry she had to go through what must have
been a crazy scene! Were the police nice to
her, once they determined that she wasn’t
going to shoot lightning bolts or lift them
into the air with her eyes? Geez!
Hope you don’t mind, but I have a weird
sense of humor. What about making/getting
her a superhero cake, maybe on the
anniversary of the incident?
I like her answer: “Because it’s cold.”
For some strange reason, it reminds me of
an old joke from the radio days (I heard on
tape, of course):
I want to buy some long underwear.
How long do you want it?
All winter.
Okay, maybe those police officers should
arrest me for telling that one. At least they
would have grounds…
Where is it apparently illegal to dress up as a superhero?! What
if I WANT to wear a superhero costume?
No, thank you – I knew this would be of interest to all.
See, she ASKED them that – she asked – “Uh…what IF I were out here dressed as a superhero?” and they had no answer. They actually asked her, “But WHY are you wearing a cloak?”
WHAT KIND OF QUESTION IS THAT? I’m gonna include a link with pictures of that beautiful cloak – now seriously, and let’s put the politics aside for tonight – but wtf?
She DID ask those questions.
I’m trying.. No one is letting me post.
I’m stil trying to figure that out.
Well, that’s enough for intent, right there…
*sends throng of police officers to arrest
Jane, haul her downtown, throw her onto a
chair in an otherwise bare room, with a
lightbulb over her head*
*grueling interrogation begins*
Officer 1: “So, are those your real boobs,
or is that part of the costume you were
intending to wear?”
Officer 2: Didn’t you say you were wearing
long johns earlier, on a 70º day?”
Officer 3: “Your hair–Is that style on
purpose???”
*clerk opens door and leans in*
Clerk: “Guys, the Chief says to let her go.
We’re overcrowded due to the opening of
the Watchmen movie.”
*Jane is released on her own recognizance*
I gather dressing as a superhero or cartoon character is a typical hobby in Tokyo. Weird that the US police would think it was a potential crime!
For what it is worth, I like rhorho’s idea of a cake to celebrate/remember the incident…
it was the fact there were three dead muggers around her…
*stumbles out of the Police Station in a daze* Now why do I think Rho is somehow behind this? She thinks she’ll discourage me from finding out what is going on in her evil botanical lab, but she won’t!
@ capes discussion;
Edna Mode: NO CAPES!!!!!!
Point of order… I’ve called her names and shall continue to do so whileever she’s loud and dumb…
I thought that was covered in “Anyway, so
you’ll know, I answer like with like.”
To clarify, we agree that we gives what we
gets.
“They” refers to umpteen headlines, the administration, the speeches, and leaders on the tv news – you can’t swing a dead cat without hearing the screaming about the economy (a word most people can’t even define, really – and tragically.) So who did I call names this time exactly??? And what names would those be?
Already answered above, but I can’t help but ask:
Why do you need peace and quiet for dead cat swinging?
I’ve heard the expression “you can’t swing a dead cat without
hitting X,” though.
[LINK] Dead cat mystery
Yes, you did answer it – this format blows, have I said that before? LOL
That is a good question, though – what IS it about swinging dead cats? I saw that movie Gummo and it seems like a thoroughly distasteful practice!!!
Define the follow:
1) Economy
2) Market force
3) Market
4) Dynamical System
5) The Austrian School
6) The Monetarist School
7) Potrezeebie.
I don’t suppose you’d like to, oh I don’t know, provide some shred of evidence to support this?
Do you bother to, I don’t know, look at the news each day to see whether Obama spoke or whether the dow plunged? Because that would help. Link to the humorous video, but honestly; try the AP.
you know, there was a theory for a while the the economy was linked with the solar flare cycle, because they were so in sync for a while. turns out to be the fallacy of false causality.
Fallacy of False Causality:
Bush in the White House kept America safe from terrorist attacks.
By the act of living in my house, I have prevented the roof falling in.
Oh. So what I hear you saying is no, you don’t have any evidence at all. Are you and Dhoti related by any chance. If not the two of you should totally hook up.
That’s almost too terrible to contemplate…
Trolls need love too.
So…the economy’s a train wreck. Oh…kay. We knew that right?
I miss the funny.
this about the third economy=train wreck lol…
I miss the good old days, back when captions were in some way related to the content of the photo. Sometimes they were even ironic, witty or amusing. Those were my favorites.
Elections have a way of spoiling things like that, to tell you the truth. Both sides get p*ssy – sore winners, sore losers. Give it a little time; if a single faction doesn’t manage to drive off everyone who doesn’t think to the hard left, it could end up being something like that in the end.
Butt hurt and ignorant metacomment…
Meh, I’ve never seen such a set of butthurt winners before; it’s very strange. The losers – sure they’re pissed, but it isn’t like anyone REALLY liked McLame anyway. The ones that did vote for him had to hold their noses; the rest just stayed home, like me.
“The hard left.”
Anybody here have a hard left?
Um. I’m favoring my left hand today, but only because I smashed my right hand in the doorway. Does that count?
You hurt your right while you were out being a costumed vigilante… admit it…
>_>
<_<
Ummmm, maybe.
You know, I normally just like to read people’s opinions and different point of views without commenting. But when I see people repeatedly spouting How it’s all left wingers faults that the economy is in the hole, and how the left just tries to deny -everything- is their fault, It slowly starts grinding the usually abundant amount of patience I have into a fine powder (Especially since Digg has slowly been taken by far far right recently).
They had to go somewhere…
Having said that, Digg had been drifting that way for a while, which is odd considering the amount of Open Source users who log articles there…
I noticed. =_=; It’s official. We’ve lost Digg. There are now people there that STILL think Obama was born in another country and that it’s a conspiracy to destroy America. I was beginning to wonder where all those nuts went. ⌐_⌐
There are people who think the world is 6000 years old and that Jesus will return for them some day soon (I think they’re mostly an overlapped demographic)
Speaking of creationist myths, There’s a video series I’m sure you’ll find interesting on youtube called “Creationist Junk Debunked” by Potholer54debunker (I *think* that’s his name.) Brilliant series, though.
the caption is very accurate!
economy today = train wreck
Yes. Except that it’s completely wrong, and only was funny the first two times.
Ok, frofrou and rhorho, I really WOULD like your input but something isn’t nesting and I can’t get it to post. Seriously, there is thewhole story – let me know your opinion. I couldn’t believe it happened that way!!!
It ain’t happening.
Ok, rhorho and frofrou – I’m sorry, but nothing is nesting up there. Here is the link. Seriously, you tell me. I mean, that sh*t is SICK.
Uh…something isn’t nesting therefore I can’t post it. Rhorho and frofrou – there is the link to the full story. I really WOULD like your input!!!!
To whatNext – I couldn’t get my comment to appear – I intend to stick around and I hope you do as well (won’t be much fun unless some of us break the ice, right?) Various shades of left do not diversity make; it’s a good thing if there are a variety of voices – libertarian, conservative, and other mixtures. That’ll make for a much more balanced humor site where ALL of us can come in from a dreary day in the news and have a few laughs.
I’m looking forward to it
Nice to meet you!
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