REAL WORLD EVENT DISCUSSIONS

Stock Market Dropping....

POSTED BY: WULFENSTAR
UPDATED: Thursday, March 5, 2009 16:30
SHORT URL:
VIEWED: 1461
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Monday, March 2, 2009 7:04 AM

WULFENSTAR

http://youtu.be/VUnGTXRxGHg


http://www.washingtonpost.com/wp-dyn/content/article/2009/03/02/AR2009
030200881.html



Ok, can we please get Ron Paul in charge?

The bailouts have failed, the Dems have nothing and the Repubs are hoarding.

Do we have to wait until there are shootouts over milk before we actually get rid of all the people in government and put in the right (CONSTITUTIONAL) people in power?



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Monday, March 2, 2009 7:20 AM

PIZMOBEACH

... fully loaded, safety off...


Quote:

Originally posted by Wulfenstar:
http://www.washingtonpost.com/wp-dyn/content/article/2009/03/02/AR2009
030200881.html



Ok, can we please get Ron Paul in charge?

The bailouts have failed, the Dems have nothing and the Repubs are hoarding.

Do we have to wait until there are shootouts over milk before we actually get rid of all the people in government and put in the right (CONSTITUTIONAL) people in power?





Just give it 3 more seconds, okay? I would never shoot at someone over milk. Guinness maybe. Milk is for little baby cows anyway.

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Monday, March 2, 2009 7:24 AM

WULFENSTAR

http://youtu.be/VUnGTXRxGHg


Ok, its been 3 seconds...



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Monday, March 2, 2009 7:46 AM

PIZMOBEACH

... fully loaded, safety off...


Quote:

Originally posted by Wulfenstar:
Ok, its been 3 seconds...





Keep counting to 3 for the next 2 years... I'm thinking early 2011 we can pop the champagne.

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Monday, March 2, 2009 7:48 AM

WULFENSTAR

http://youtu.be/VUnGTXRxGHg


Will that be BEFORE or AFTER lord Humongous rules the wasteland?

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Monday, March 2, 2009 8:44 AM

AURAPTOR

America loves a winner!


Ron Paul ? Hell, the only one w/ any experience and knowledge in saving a failed outfit from financial ruin is Mitt Romney.

But no one cares about experience when they have THE ONE in charge. Oh, isn't it beautiful ? The guy who's never been in charge of ANYTHING ever before is thrust into the leadership role of the most powerful nation in the history of mankind.

Oh joy, oh goodie !





It is not those who use the term "Islamo-Fascism" who are sullying the name of Islam; it is the Islamo-Fascists. - Dennis Prager

A concern of the GOP is that the people aren't informed enough to understand their policies, while a fear of the Dems is that the people ARE.

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Monday, March 2, 2009 9:07 AM

KWICKO

"We'll know our disinformation program is complete when everything the American public believes is false." -- William Casey, Reagan's presidential campaign manager & CIA Director (from first staff meeting in 1981)


Huh. Dow dipped below 7000 this morning. It was below 8000 on Inauguration Day, so it's dropped about a thousand points under Obama. Still, he's got a bit further to go before he equals "Bushian" mismanagement of the economy. Remember, the Dow peaked at just over 14,000 under Bush, and then plummeted to below 8000 on his last day in office, a loss of almost 50% of the economy in his last term. So O's got some way to go still...

Sorry, but those are the FACTS.

Mike

If you're going to assume anything, assume you're wrong.

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Monday, March 2, 2009 9:16 AM

PIZMOBEACH

... fully loaded, safety off...


Quote:

Originally posted by AURaptor:

But no one cares about experience when they have THE ONE in charge. Oh, isn't it beautiful ? The guy who's never been in charge of ANYTHING ever before is thrust into the leadership role of the most powerful nation in the history of mankind.




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Monday, March 2, 2009 9:18 AM

AURAPTOR

America loves a winner!






It is not those who use the term "Islamo-Fascism" who are sullying the name of Islam; it is the Islamo-Fascists. - Dennis Prager

A concern of the GOP is that the people aren't informed enough to understand their policies, while a fear of the Dems is that the people ARE.

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Monday, March 2, 2009 10:05 AM

WULFENSTAR

http://youtu.be/VUnGTXRxGHg


AU,

Hehehehehehe I remember reading this when I was a kid.

Good find.


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Monday, March 2, 2009 10:52 AM

PIZMOBEACH

... fully loaded, safety off...


down 300 points - we shot past 7000 like it was nothing. I see the Mossberg 590 gets good reviews for home defense.

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Monday, March 2, 2009 11:25 AM

SIGNYM

I believe in solving problems, not sharing them.


Yanno what??


My view of "the Dow" dropping is...

GOOD!!!!!


I'd like to see the whole stock market shit-canned.

---------------------------------
It's the end of the world as we know it, and I feel fine.

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Monday, March 2, 2009 11:27 AM

AURAPTOR

America loves a winner!


Quote:

Originally posted by SignyM:
Yanno what??


My view of "the Dow" dropping is...

GOOD!!!!!


I'd like to see the whole stock market shit-canned.

---------------------------------
It's the end of the world as we know it, and I feel fine.



Thank you, comrade Sig

Never mind the millions of Americans who have put their hard earned $$ into the market, you're fine w/ seeing their retirement go up in flames, huh?



It is not those who use the term "Islamo-Fascism" who are sullying the name of Islam; it is the Islamo-Fascists. - Dennis Prager

A concern of the GOP is that the people aren't informed enough to understand their policies, while a fear of the Dems is that the people ARE.

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Monday, March 2, 2009 11:28 AM

AURAPTOR

America loves a winner!


Quote:

Originally posted by Wulfenstar:
AU,

Hehehehehehe I remember reading this when I was a kid.

Good find.




For some reason, Berke never did capture the same feel w/ his latter strips as he did w/ Bloom County. Pity.



It is not those who use the term "Islamo-Fascism" who are sullying the name of Islam; it is the Islamo-Fascists. - Dennis Prager

A concern of the GOP is that the people aren't informed enough to understand their policies, while a fear of the Dems is that the people ARE.

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Monday, March 2, 2009 11:30 AM

WULFENSTAR

http://youtu.be/VUnGTXRxGHg


Sig doesn't care, she is invested elsewhere.

She wants to see a lot of people, long-term, hardworking folks, like my grandparents loose all their money.

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Monday, March 2, 2009 11:50 AM

AURAPTOR

America loves a winner!


Quote:

Originally posted by Wulfenstar:
Sig doesn't care, she is invested elsewhere.

She wants to see a lot of people, long-term, hardworking folks, like my grandparents loose all their money.



Wonder if the Libs realize how many hard working teachers, police and firemen and the like have stocks as part of their retirement package, and have suffered greatly, WILL suffer greatly under Obama's capitalistic crushing ideals.



It is not those who use the term "Islamo-Fascism" who are sullying the name of Islam; it is the Islamo-Fascists. - Dennis Prager

A concern of the GOP is that the people aren't informed enough to understand their policies, while a fear of the Dems is that the people ARE.

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Monday, March 2, 2009 12:40 PM

SIGNYM

I believe in solving problems, not sharing them.


Quote:

Wonder if the Libs realize how many hard working teachers, police and firemen and the like have stocks as part of their retirement package, and have suffered greatly, WILL suffer greatly under Obama's capitalistic crushing ideals.
The peeps who crushed the stock market were those bloated, out-of-touch execs who voted themselves hundreds of billions in salaries, stock options, and bonuses. The heads of Enron, Tyco, Shitigroup, AIG, BoA, WAMU, Lehman, Merrill, Bear Stearns, Goldman Sachs, Ambac, MBIA, etc etc who went out on a limb... waaaaay out on limb... with other peeps' money.
Quote:

AIG reports biggest quarterly loss in corporate history, government revamps rescue.... The stock losses Monday were in response to AIG, but also a continuation of the worries about the financial sector and the economy, said Bill Stone, chief investment strategist at PNC Financial Services.
Manufacturers like GM and Chrysler who sold shitty products for short-term gain. And the politicos who funneled money upwards, killing consumer spending.

Peeps who went along for the ride didn't mind 30% gains .... didn't they realize that it was just as much a Ponzi scheme as Madoff? And the answer was: Really, they did. Everybody thought that it would tank sometime... later. AFTER they got out of the market. But that's what you get for playing with a stacked deck. A hard lesson to learn, but a valuable one. It's just too bad we had to re-learn it from 1929.

BTW- A REAL capitalist would say: let 'em fail. They deserve it.

Caveat emptor.

Charge what the market will bear.

---------------------------------
It's the end of the world as we know it, and I feel fine.

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Monday, March 2, 2009 2:20 PM

KWICKO

"We'll know our disinformation program is complete when everything the American public believes is false." -- William Casey, Reagan's presidential campaign manager & CIA Director (from first staff meeting in 1981)


Quote:

Originally posted by pizmobeach:
down 300 points - we shot past 7000 like it was nothing. I see the Mossberg 590 gets good reviews for home defense.



Talk to Frem about the Saiga S-12.

Mike

If you're going to assume anything, assume you're wrong.

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Monday, March 2, 2009 2:27 PM

RIVER6213


So Obama's been in charge for a few months and he didn't change the world overnight like you want?

Get real.


-River

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Monday, March 2, 2009 2:37 PM

RUE

I have a vote and I'm not afraid to use it!


You can't con an honest person.

People who were in the stock market were looking to get rich quick. Anyone with an ounce of sense would have realized you don't generate that amount of real value over such a short time.

But hey, if you want to be REAL 'capitalists' instead of cry-baby hypocrites looking to blame government for YOUR bad investments, suck it up and buy into the market now, while it's low.

***************************************************************

Oh, that's right. You only want a free market if your investment is guaranteed.

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Monday, March 2, 2009 2:37 PM

SERGEANTX


Quote:

Originally posted by Wulfenstar:
Ok, can we please get Ron Paul in charge?



No way man.

Like I read the other day "Ron Paul may be right, but he's fringe and just not in touch with mainstream consensus."

Let's hear if for "consensus"!

SergeantX

"Dream a little dream or you can live a little dream. I'd rather live it, cause dreamers always chase but never get it." Aesop Rock

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Monday, March 2, 2009 2:45 PM

PIZMOBEACH

... fully loaded, safety off...


Quote:

Originally posted by SergeantX:
Quote:

Originally posted by Wulfenstar:
Ok, can we please get Ron Paul in charge?



No way man.

Like I read the other day "Ron Paul may be right, but he's fringe and just not in touch with mainstream consensus."

Let's hear if for "consensus"!




Can you start using facetious brackets? I can't always tell.

I think this will mean something to you - even the greatest theory is still just theory.

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Monday, March 2, 2009 2:54 PM

FREMDFIRMA


Man, the S-12 is like, mongo overkill for home defense - I mean, seriously, it's like a freakin portable artillery barrage with that 20 round drum on it.


The widowmaker drum mag sucks, the MD Arms version is way better and more reliable.



The peg on mine is left-side horizontal, which in combination with a patrol sling allows one to fire from a low-carry position, which is entirely effective within it's range with a little practice.

Check your state and local regs though, cause my variant is cutting it kinda fine on the legalese, although still within compliance.

-F

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Monday, March 2, 2009 2:55 PM

PIZMOBEACH

... fully loaded, safety off...


Quote:

Originally posted by rue:
People who were in the stock market were looking to get rich quick. Anyone with an ounce of sense would have realized you don't generate that amount of real value over such a short time.

But hey, if you want to be REAL 'capitalists' instead of cry-baby hypocrites looking to blame government for YOUR bad investments, suck it up and buy into the market now, while it's low.



You have an unfortunate and imho pretty thin view of the stock market. I have come to hate it too, but for other reasons. A lot of people that you would even respect, thought it was a safe way - 401Ks etc. - to save for retirement. I hope you never have to visit the nightmare scenario these people are experiencing. In their 80's.

Your post is actually pretty trollish.

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Monday, March 2, 2009 3:05 PM

KIRKULES


Quote:

Originally posted by rue:
You can't con an honest person.

People who were in the stock market were looking to get rich quick. Anyone with an ounce of sense would have realized you don't generate that amount of real value over such a short time.

But hey, if you want to be REAL 'capitalists' instead of cry-baby hypocrites looking to blame government for YOUR bad investments, suck it up and buy into the market now, while it's low.



Rue is right, Capitalism requires risk taking, if you can't handle it, stay out of the stock market and leave your money in a money market account.

I wouldn't start getting back into the stock market quite yet though, the fundamentals of the market have broken down and the only indicators of future activity that are working are the technical indicators. When the Dow broke through 7200, that was an bad sign for the near future. The next technical support levels for the Dow are much lower, so wait tell you see a sustained rally then start getting back in a little at a time and be prepared to get out quick if another down leg in the market occurs. You can always get back in later. The current market is only good for people willing to do the work to get in and get out fast. There will be a time, probably the end of this summer were some fundamental indicators will show things getting slightly better and that will be the time to get in full force. The market looks forward six to nine months so most of the gains in the market will be seen before the economy starts to recover. If you wait tell things look rosy you'll miss most of the gains, just wait tell the first signs of company profitability stabilizing and get in fast.

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Monday, March 2, 2009 3:24 PM

RUE

I have a vote and I'm not afraid to use it!


"A lot of people that you would even respect, thought it was a safe way - 401Ks etc. - to save for retirement. I hope you never have to visit the nightmare scenario these people are experiencing. In their 80's."

One ALWAYS needs to be aware that when you are investing, your money is at risk - all of it.

People put their common sense on hold when it comes to investing. The stock market is always sold as a way to keep ahead of inflation. Believe me, I've heard the same blah blah blah countless times from the same kind of smarmy 'investment advisors'. (And then they trot out the chart - usually the DOW - going from 1929 to whatever the current date is, and some bank interest chart and say SEE! you're LOSING money if you don't invest !)

So, HOW does it keep AHEAD of inflation ? How does anything keep ahead of inflation ? The bigger fool theory. The idea is there will always be a bigger fool to buy your investment for even more money. (It certainly isn't on real value.)

I am sincerely grieving for the people whose lives have been turned upside down by the market drop. I grieve for the 90 year old people working at Wal-Mart to make ends meet when they thought they were securely retired. I grieve for those who have lost their jobs. I grieve for those who have lost their homes. I am truly heartsick over it. I had a grandma, and a grandpa, and honest hardworking parents. I imagine the people who've lost their retirement and I see my grandparents. I imagine the people pounding the pavement looking for some kind of work that pays the bills and I imagine my parents.

But people have to stop thinking they are what they are not. People who work for a living are not capitalists. They don't have the same cushion to ride out losses. They don't have the same capital to spread their investments. They don't have the same clout to bend the system to meet their needs.

IF people would clue in that maybe, just maybe, they're not in THE CLUB, they might demand an economy that works for everybody - and not just the very rich.


***************************************************************

Silence is consent.

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Monday, March 2, 2009 4:25 PM

KWICKO

"We'll know our disinformation program is complete when everything the American public believes is false." -- William Casey, Reagan's presidential campaign manager & CIA Director (from first staff meeting in 1981)


Quote:

Originally posted by Fremdfirma:
Man, the S-12 is like, mongo overkill for home defense - I mean, seriously, it's like a freakin portable artillery barrage with that 20 round drum on it.


The widowmaker drum mag sucks, the MD Arms version is way better and more reliable.



The peg on mine is left-side horizontal, which in combination with a patrol sling allows one to fire from a low-carry position, which is entirely effective within it's range with a little practice.

Check your state and local regs though, cause my variant is cutting it kinda fine on the legalese, although still within compliance.

-F



Frem, I finally got my hands on an S-12 in the flesh yesterday while I was at the range. The gun store had one for sale - they thought they had two, but one had sold already. I love it! If anything, it's lighter than my Saiga 7.62x39mm, and feels every bit as sturdy. They have the 12-round mags for it, which are ENORMOUS. Seriously, a 12-rounder for the 12 gauge is about twice as long as a 30-rounder for my 7.62. The price was pretty good for nowadays - $590. Sure wish I could afford it right now...

Mike

If you're going to assume anything, assume you're wrong.

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Monday, March 2, 2009 4:29 PM

KWICKO

"We'll know our disinformation program is complete when everything the American public believes is false." -- William Casey, Reagan's presidential campaign manager & CIA Director (from first staff meeting in 1981)


Quote:


People put their common sense on hold when it comes to investing. The stock market is always sold as a way to keep ahead of inflation. Believe me, I've heard the same blah blah blah countless times from the same kind of smarmy 'investment advisors'. (And then they trot out the chart - usually the DOW - going from 1929 to whatever the current date is, and some bank interest chart and say SEE! you're LOSING money if you don't invest !)



Right on, Rue!

And they pulled the same shit with houses - "There's NO chance this can ever lose money! How could it? It's REAL ESTATE!!"

Hey, it always worked except for that one time, right?

Mike

If you're going to assume anything, assume you're wrong.

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Monday, March 2, 2009 4:42 PM

AURAPTOR

America loves a winner!


Socialist Democrats WANT the market to fail, so they can instill failed Soviet era policies.

Motherfuckers.



It is not those who use the term "Islamo-Fascism" who are sullying the name of Islam; it is the Islamo-Fascists. - Dennis Prager

A concern of the GOP is that the people aren't informed enough to understand their policies, while a fear of the Dems is that the people ARE.

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Monday, March 2, 2009 5:03 PM

KWICKO

"We'll know our disinformation program is complete when everything the American public believes is false." -- William Casey, Reagan's presidential campaign manager & CIA Director (from first staff meeting in 1981)



Fascist Republicans FORCED the market to fail, so they could install failed Nazi-era policies.

Motherfuckers.




Mike

If you're going to assume anything, assume you're wrong.

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Monday, March 2, 2009 9:27 PM

FREMDFIRMA


The sick thing is that you're both right.

That's just friggin sad, innit ?

-F

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Monday, March 2, 2009 9:57 PM

FREMDFIRMA


Mikey, you really won't comprehend how heinous that thing is till you've dumped a 20 rounder into something - I am NOT kidding when I say it's like a portable arty barrage, cause that's the only thing that even comes close to it's ability to cause carnage downrange.

I have however noticed that in most of those vids recoil flinch and inexperience causes most of them folk to put their follow on fire needlessly on top of the last shot, which doesn't give such a good perspective - someone who's properly mastered walking the point of aim across would give a better show of it.

I think part of that is that they're using full charge loads of double-ought buck, which is absolutely the WRONG round to be using for the weapon in a defensive role with a high capacity magazine, and in the original internal configuration the recoil will be so brutal it precludes accuracy and may even damage the weapon over time.

The rounds I use are 3/4charge 2-3/4" shells, and while marked Single-O, actually contain sixteen pellets of pinchover, rather than drop shot, and a layered paper wad rather than a styrofoam chunk.

Gives a good spread and virtually guarantees a vital organ puncture on an unarmored target, with the same amount of kinetic energy delivered downrange, but far less to you in the form of recoil, also allowing for a faster cycle time with a properly tuned recoil buffer.

One other note, particularly with the MD-Arms drum, is that if you store like I do, loaded with one up the pipe, I highly recommend replacing the first round in the magazine with a full brass shell, cause over time it'll squash the plastic ones into kind of an oval shape and could perhaps cause a load failure jam - which on your second shot is a definate brick passer moment, right ?

It's a right evil piece of work it is, and if you're planning to use it in a home defense role, you might consider just how much it's gonna cost to replace your front door, wall, windows and any electrical conduits you're gonna obliterate with that monster if you unload - cause it can happen that way.

It's really overkill for a home defense application to be honest.

-Frem

It cannot be said enough, those who do not learn from history, are doomed to endlessly repeat it

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Monday, March 2, 2009 10:52 PM

SHINYGOODGUY


The sick thing is that you're both right.

That's just friggin sad, innit ?

-F


History repeats itself. Does anyone here remember the S&L Crisis? The truth is that this isn't about Republicans and Democrats folks. It's Rich vs. Poor.

L. William Seidman, former chairman of both the Federal Deposit Insurance Corporation (FDIC) and the Resolution Trust Corporation, stated, "The banking problems of the '80s and '90s came primarily, but not exclusively, from unsound real estate lending."

Bernie Madoff, Michael Milken, Neil Bush, Charles Keating great financial wizards that robbed both rich and poor blind using the system.

S&L 1986

Silverado Savings and Loan collapsed in 1988, costing taxpayers $1.3 billion. Neil Bush, son of then Vice President of the United States George H. W. Bush, was Director of Silverado at the time. Neil Bush was accused of giving himself a loan from Silverado, but he denied all wrongdoing.
(of course he did)
The US Office of Thrift Supervision investigated Silverado's failure and determined that Neil Bush had engaged in numerous "breaches of his fiduciary duties involving multiple conflicts of interest." Although Bush was not indicted on criminal charges, a civil action was brought against him and the other Silverado directors by the Federal Deposit Insurance Corporation; it was eventually settled out of court, with Bush paying $50,000 as part of the settlement, the Washington Post reported.

(Now isn't that special)

As a director of a failing thrift, Bush voted to approve $100 million in what were ultimately bad loans to two of his business partners. And in voting for the loans, he failed to inform fellow board members at Silverado Savings & Loan that the loan applicants were his business partners.
(Naughty, naughty)

Neil Bush paid a $50,000 fine and was banned from banking activities for his role in taking down Silverado, which cost taxpayers $1.3 billion. A Resolution Trust Corporation Suit against Bush and other officers of Silverado was settled in 1991 for $26.5 million.

(Sounds familiar don't it?)

Things have gotten so bad they, the rich, have taken to stealing from each other. In a recent 20/20 and 60 Minutes TV news magazine broadcast, it was reported that Bernie Madoff made most of his fortune conning hundreds of unsuspecting millionaires in his circle within the Jewish community. Do we care? Yes, because part of the Bailout money is going to banks that were caught up in that ponzi scheme.

It turns out he recruited companies and individuals to steer victims his way and, in turn, they would make hundreds of millions in fees. Meanwhile he laughs all the way to his yachts and private islands.

Meanwhile the SEC stood by and did nothing despite solid information from a whistle-blower, Harry Markopolos. He knew as far back as 1999 that his investment strategies were a house of cards about to come crashing down.

So far the authorities have only found $5 Billion.

How did Gordon Gekko put it again? Greed is good!

SGG


Tawabawho?

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Tuesday, March 3, 2009 1:24 AM

FREMDFIRMA


Quote:

Does anyone here remember the S&L Crisis?

Uh, you could say that.

My savings account, started one xmas when I was but a wee little brat, was in Old Court Savings & Loan, ok ?
http://en.wikipedia.org/wiki/Old_Court_Savings_and_Loans

Which was one of the first to implode, and in doing so started the chain reaction that lead to the collapse of the FSLIC, which was at the time MORE solvent than the FDIC is now.
http://en.wikipedia.org/wiki/Federal_Savings_and_Loan_Insurance_Corpor
ation


But lemme put this in perspective for you - that was ALL my money, life savings from childhood, roundabouts $1800.00USD cause I happen to be a thrifty little bastard, miserly in fact.

And then, POOF, gone, all those promises come to naught when they dropped the gates and locked em - all the governments promises too, nada.

Never got a fuckin penny of it, which is WHY I am such a goddamn hardcase about having your physical assets in YOUR possession, cause when they slam and lock the doors, in the end all YOU have is a worthless piece of fuckin paper.

I still got it, matter of fact, and for any of you STUPID enough to believe the promises of a bank, or the gov, about your so-called "savings" which exists only on someones balance sheet....

Well, I'll gladly sell you that piece of paper for $1500.00USD, since the Gov always keeps it's promises - that's a fair, square deal and I am takin a loss, right ?

Good LUCK trying to get anyone to honor it - and it'll go the same damn way for you dipweeds who think your money is "safe" cause it's in a Gov-insured bank.

To my dismay and shame, they got me twice, the first was that, and the second was a small account of about $400.00USD I had with Signet Bank for the purposes of a car downpayment when I finished army basic and AIT.

And then one day *poof*, account closed for "Lack of activity" cause I hadn't made a transaction in 90 days, on a freakin longterm savings account, because I was in another state and thought my money was safe, but they took it, didn't they ?

NEVER again!

Paper Gold ? HAHAHAHAHA!, IF the bastards have the gold at all, they're shorting it by more than the banks did the home loans.

Shares or Points in a valuable ? YEAH RIGHT!, in a safe you have no access to, which may or may not be empty, suuuure they'll pay up when the chips come down, uh huh.

Real Gold in a safe deposit box, MORON!, when they drop the gates and lock em, they clean those out FIRST, since you have little if any way to prove what was in there, idiot.

Unless you have it, in your possession and with physical access to it any time you please, you DO NOT OWN IT, you have merely someone elses promise that they'll maybe cough it up when you demand it, and even that will only happen at THEIR convenience, on THEIR schedule, IF it happens at all.

You're all fools, and when the FDIC goes tits up, and they replace it with something else, just like they did with the FSLIC, you won't never be getting a damn thing but a stack of new promises every bit as false as the old ones.

And me, I'll have a stack of assets, cause I damn well know better than to trust these miserable shitheels ever again.

Yanno though, miser that I am, it's got naught to do with greed - cause it ever gets to that imma be supporting my communities twits who didn't have the sense to know better, rather than being a dick about it, friends and allies are worth far more than mere assets - and not just in a material way, cause good conversation, friendship, and even semi-friendly rivaly are worth far more than mere things, and always will be.

-F
Disclaimer: Post written after five cups of Kirshwasser and Creme soda over ice, and as such might not make sense even to me a couple hours from now.

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Tuesday, March 3, 2009 1:34 AM

FREMDFIRMA


(cause i'm bombd, just rolled th MP3 and it semed to apply)

"Close the city and tell the people that something's coming to call
Death and darkness are rushing forward to take a bite from the wall, oh

You've nothing to say
They're breaking away
If you listen to fools...
The Mob Rules
The Mob Rules

Kill the spirit and you'll be blinded, the end is always the same
Play with fire, you burn your fingers and lose your hold of the flame, oh

It's over, it's done
the end is begun
If you listen to fools...
The Mob Rules

You've nothing to say
Oh, They're breaking away
If you listen to fools...

Break the circle and stop the movement, the wheel is thrown to the ground
Just remember it might start rolling and take you right back around

You're all fools!
The Mob Rules!"

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Tuesday, March 3, 2009 2:11 AM

WULFENSTAR

http://youtu.be/VUnGTXRxGHg


Hehehe,

Watching Frem post after he gets a bit shit-faced is fun...



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Tuesday, March 3, 2009 2:57 AM

KWICKO

"We'll know our disinformation program is complete when everything the American public believes is false." -- William Casey, Reagan's presidential campaign manager & CIA Director (from first staff meeting in 1981)


Quote:

Originally posted by Fremdfirma:
Mikey, you really won't comprehend how heinous that thing is till you've dumped a 20 rounder into something - I am NOT kidding when I say it's like a portable arty barrage, cause that's the only thing that even comes close to it's ability to cause carnage downrange.

I have however noticed that in most of those vids recoil flinch and inexperience causes most of them folk to put their follow on fire needlessly on top of the last shot, which doesn't give such a good perspective - someone who's properly mastered walking the point of aim across would give a better show of it.

I think part of that is that they're using full charge loads of double-ought buck, which is absolutely the WRONG round to be using for the weapon in a defensive role with a high capacity magazine, and in the original internal configuration the recoil will be so brutal it precludes accuracy and may even damage the weapon over time.

The rounds I use are 3/4charge 2-3/4" shells, and while marked Single-O, actually contain sixteen pellets of pinchover, rather than drop shot, and a layered paper wad rather than a styrofoam chunk.

Gives a good spread and virtually guarantees a vital organ puncture on an unarmored target, with the same amount of kinetic energy delivered downrange, but far less to you in the form of recoil, also allowing for a faster cycle time with a properly tuned recoil buffer.

One other note, particularly with the MD-Arms drum, is that if you store like I do, loaded with one up the pipe, I highly recommend replacing the first round in the magazine with a full brass shell, cause over time it'll squash the plastic ones into kind of an oval shape and could perhaps cause a load failure jam - which on your second shot is a definate brick passer moment, right ?

It's a right evil piece of work it is, and if you're planning to use it in a home defense role, you might consider just how much it's gonna cost to replace your front door, wall, windows and any electrical conduits you're gonna obliterate with that monster if you unload - cause it can happen that way.

It's really overkill for a home defense application to be honest.

-Frem

It cannot be said enough, those who do not learn from history, are doomed to endlessly repeat it



Bear in mind that they're also made in 410 and 20-gauge, which might be not quite as much in the way of overkill. Alas, most of the aftermarket goodies are aimed squarely at the 12-gauge, though.

And something that only recently occurred to me about recoil, when I was idly wondering why the recoil on the Mosin Nagant bolt-action rifle is so much more intense than that of the PSL-54 semi-auto, considering both fire the same 7.62x54r round... It's gotta be the semi-auto action absorbing a lot of the recoil energy. The bolt gun, all that reactive energy is pushing back against a closed and locked bolt, and thus straight into your shoulder; the semi-auto, the recoil energy is used to cycle the action, so felt recoil is cut down significantly - I'd say by more than half.

Reason I bring it up is, I bet the same goes on with the shotguns. If you compare the S12 to a pump-action or single-shot shotgun of the same gauge, I'll bet the S12 actually kicks a lot LESS than those.

Meanwhile, the S12 is definitely high up on my "Really Really Want" list - but I'll have to shift some things around before I'll be able to justify it. Funny, I could probably sell off my MAK-90 and swing the S12 easily enough - the MAK goes for $800-900 these days, and I got it for $400 last July. That was the only reason I bought it, as I didn't really have a need for ANOTHER 7.62x39 rifle. So sell the MAK, pick up the S12, have some extra $$$ left for shells and accessories...

Hmmm... Sounds like the beginnings of a plan!

Mike

If you're going to assume anything, assume you're wrong.

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Tuesday, March 3, 2009 4:39 AM

KWICKO

"We'll know our disinformation program is complete when everything the American public believes is false." -- William Casey, Reagan's presidential campaign manager & CIA Director (from first staff meeting in 1981)


Quote:


Wonder if the Libs realize how many hard working teachers, police and firemen and the like have stocks as part of their retirement package, and have suffered greatly, WILL suffer greatly under Obama's capitalistic crushing ideals.



Wonder if the conservatives realize how many of those hard-working teachers, police, firemen, and the like are going to be crushed and ground under the wheels if they get their wish and Obama fails. Rush keeps saying he wants Obama to fail, but that's going to pull an awful lot of people down with him if it happens.

Also, if the bailouts are all cut off, and the whole thing is allowed to collapse, as many on the right have suggested it should do so the market can "correct" itself, then realize that YOU are also wishing for all of those good and honest people to be punished for having faith in the system and putting their money in.



Mike

If you're going to assume anything, assume you're wrong.

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Tuesday, March 3, 2009 4:46 AM

WULFENSTAR

http://youtu.be/VUnGTXRxGHg


You guys are lucky.

I have to drive an hour (at least) to find a shop in my area.

Dang...

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Tuesday, March 3, 2009 5:15 AM

CHRISISALL


Quote:

Originally posted by Kwicko:
Rush keeps saying he wants Obama to fail, but that's going to pull an awful lot of people down with him if it happens.


MU HU HA HA HA HA!!!
Now all will feel the crushing grip of poverty!
And we will name Rush our King.

"Thanks." -Hero, 2009

The laughing Chrisisall

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Tuesday, March 3, 2009 7:38 AM

SIGNYM

I believe in solving problems, not sharing them.


Quote:

Also, if the bailouts are all cut off, and the whole thing is allowed to collapse, as many on the right have suggested it should do so the market can "correct" itself, then realize that YOU are also wishing for all of those good and honest people to be punished for having faith in the system and putting their money in.
Peeps like Crapo, they want the Disneyworld version of capitalism not, yanno real capitalism. They want RISK-FREE capitalism that booms 24-7.

That's like asking for a freezing-hot day. And then they get pissed off when Obama can't make it happen.

This IS capitalism, folks. Boom and bust. Deal with it and stop whining.



---------------------------------
It's the end of the world as we know it, and I feel fine.

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Tuesday, March 3, 2009 4:31 PM

DREAMTROVE


On an economic scale, I'd give Mitt Romney a 1, on a scale of 1 to 10. I don't blame or credit either president with the market rise or fall, but I give them both a 0 in economics.

Ron Paul has a pretty decent understanding. Any chance of resurrecting Henry Ford?

Seriously though. Obama pushed for the first stim bill under bush, I think he was a co-introducer of the bill, and bush was going to drop it, and then Obama talked him into signing it before leaving. Then he added another fiat spending bill, his tax plan is appalling. I have no partisan vestment in this at all, but I can see non-economic minded policy from a mile away, and if you give me one of those Hello Kitty sniper rifles, I can pick it off.

Looks like in a month Obama, including the stim bill he inherited, the one he added, and the budget is well over 5 trillion, so yeah, in a short amount of time, if someone manages to spend 5 trillion and still not come through on a single campaign promise, I think that's pretty pathetic, in fact, it hits a whole new level of pathetic. I've been on the hope train, and it's cost me dearly, I think I'm getting back on the skeptic train.

I of course as always hope the markets do well. I want america to do well, and also, Sig, bear in mind that the Bear market only favors the banks on the sidelines waiting to take everything over and walmartize it, or put folks out of business.

Praying for america to lose the war is downright patriotic by comparison.

Ironic that Arlen Specter and a group of republicans have written the new bill that overturns Bush's pigheaded stem cell bill, something Obama said several times "oh, next week, I'll get around to some executive order to overturn that." Yeah, I did have a financial investment in that one. Believing a politician, yes, the joke is definitely on me.

But add to that the war expansions, deficit spending, and the ghost of John Maynard Keynes stalking America right now, I'd say we're f^&ked.

President Palin anyone?

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Wednesday, March 4, 2009 9:01 AM

BIGDAMNNOBODY


Quote:

Originally posted by SignyM:
Peeps like Crapo, they want the Disneyworld version of capitalism not, yanno real capitalism. They want RISK-FREE capitalism that booms 24-7.

That's like asking for a freezing-hot day. And then they get pissed off when Obama can't make it happen.

This IS capitalism, folks. Boom and bust. Deal with it and stop whining.


So let me get this straight. When the economy was doing poorly during the last administration, it was Bush's fault.
Now that the economy is continuing the trend during the present administration, it's capitalism's fault.

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Wednesday, March 4, 2009 9:09 AM

SIGNYM

I believe in solving problems, not sharing them.


Yes. You got it right.

It was Bush's embrace of "trickle-down" economics, his unblinking support of de-regulation, abetting monopolization, and his "all government is bad" bankrupting of the Treasury... in other words, a capitalist's wet-dream come true... that got us into this mess. Everything that is bad about capitalism, Bush amped up a hundred-fold.

So, good on you for seeing the truth.

---------------------------------
It's the end of the world as we know it, and I feel fine.

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Thursday, March 5, 2009 2:16 PM

FREMDFIRMA


Quote:

You're all fools, and when the FDIC goes tits up, and they replace it with something else, just like they did with the FSLIC, you won't never be getting a damn thing but a stack of new promises every bit as false as the old ones.

FAIR WARNING.

http://news.yahoo.com/s/afp/20090305/pl_afp/financeeconomyusbankinggov
ernment

WASHINGTON (AFP) – The US government is warning banks that its deposit insurance fund could go broke this year as bank failures mount.

The head of the Federal Deposit Insurance Corporation, Sheila Bair, in a letter to bank chief executives dated March 2, defended the FDIC's plan to raise fees on banks and assess an emergency fee to shore up the fund and maintain investor confidence.

Bair acknowledged the new fees, announced Friday, would put additional pressure on banks at time of financial crisis and a deepening recession, but insisted they were critical to keep the insurance fund solvent and protect.

"Without these assessments, the deposit insurance fund could become insolvent this year," Bair wrote.

The FDIC chief said in the letter that the rapidly deteriorating economic conditions raised the prospects of "a large number" of bank failures through 2010.

"Without substantial amounts of additional assessment revenue in the near future, current projections indicate that the fund balance will approach zero or even become negative," she wrote.

The FDIC last Friday announced it would impose a temporary emergency fee on lenders and raise its regular assessments to shore up the rapidly depleting deposit insurance fund that insures individual customer deposits up to 250,000 dollars.

A week ago the FDIC reported a sharp depletion of the deposit insurance fund in the fourth quarter due to actual and anticipated bank failures, to 19 billion dollars from 34.6 billion in the third quarter.

The FDIC said it had set aside an additional 22 billion dollars for estimated losses on failures anticipated in 2009.

=============
So, get ready for a new stack of bullshit promises, folks... ask how many FSLIC covered people got their money back, right ?

If anyone does, it sure won't be YOU peons.

Your option to trust them, mine to laugh at you when the inevitable results, but imma forgo such cruelty cause I'll be too busy helping decent folk around here who didn't have the good sense to listen, alas.

-F

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Thursday, March 5, 2009 2:25 PM

KWICKO

"We'll know our disinformation program is complete when everything the American public believes is false." -- William Casey, Reagan's presidential campaign manager & CIA Director (from first staff meeting in 1981)


Frem: Any idea what that means for credit unions?

Reason I ask is, I gave up on banks years ago - I got tired of them wanting to charge me if I wanted to cash a check there. I can see why they were so put out with me - after all, I *did* have all my accounts there, so it was really a pain in the ass for them to let me have access to SOME of my money every couple weeks or so, instead of letting them just keep all of it all the time!

I *like* my credit union. They treat me like a real person. Hell, they even know my name when I walk in the door. And they don't CHARGE me for letting them use my money - they actually PAY me for it! What a concept!

Mike

I can't run no more
with that lawless crowd
while the killers in high places
say their prayers out loud.
But they've summoned, they've summoned up
a thundercloud
and they're going to hear from me.

- Anthem, by Leonard Cohen

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Thursday, March 5, 2009 2:39 PM

SIGNYM

I believe in solving problems, not sharing them.


They're insured through a different mechamism.

AIG, I think.

uh..oh...

---------------------------------
It's the end of the world as we know it, and I feel fine.

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Thursday, March 5, 2009 2:40 PM

SIGNYM

I believe in solving problems, not sharing them.


NOPE! Here's the answer....


The National Credit Union Administration (NCUA) is the federal agency that administers the National Credit Union Share Insurance Fund (NCUSIF). The NCUSIF, like the FDIC’s Deposit Insurance Fund, is a federal insurance fund backed by the full faith and credit of the U.S. Government.

www.ncua.gov/shareinsurance/



---------------------------------
It's the end of the world as we know it, and I feel fine.

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Thursday, March 5, 2009 3:29 PM

FREMDFIRMA


Quote:

backed by the full faith and credit of the U.S. Government.

In other words: Jack Shit.

I keep a bare minimum of operating capital in a credit union conveniently far the hell away from where I actually reside - if it tanks, it tanks, but it's useful in that it's not directly connected to me but allows me to use plastic or a check at places which won't take cash.

-F

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Thursday, March 5, 2009 3:34 PM

SIGNYM

I believe in solving problems, not sharing them.


Yeah, true, but.... credit unions are unlikely to actually have to DRAW on that insurance, so it doesn't matter how wobbly it is. (She said, with fingers crossed.)

---------------------------------
It's the end of the world as we know it, and I feel fine.

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