Stock Market Dives -- How You Doing?

two words:

RON PAUL.

Panic is the enemy. The numbers are bad and things will get worse before they get better, but nonetheless they will get better. Make sure you have enough cash on hand to pay your bills for the next few months and you'll be fine.

I just finished reading an article on the Great Depression and guess what? Almost mirrors what is happening except for FDIC insured money which is being used up fast.
Leham Bros: Fult is testifing that he deserved the millions in salary and bonuses...they all should be sent to jail!

This problem is said to be caused by the bad home loans so why are we bailing out the companies that provided them? If the government wants to bail them out here is my suggestion.. Pass another 750 Billion bill and give each taxpayer $300,000.00. For a married couple they would get a total of $600,000.00. They can than take this money and pay off their homes (on average $250,000.00). This would clear all the bad debt the banks are saying are causing this problem. The balance of the money given to the taxpayers would surely be put back into the markets and the economy would be flowing. It is about time the Government takes steps to help all American not just Corporate American. Everybody should write their Congressmen/women and tell them we want a stimulus package stated above! What better way to help companies get back on their feet (we can retire their debts) give us the money!

I will probably be worse tomorrow when I come to work and the doors are locked.

I just lost my retirement. I am 50. I do not want to live on the streets, I worked so hard my whole life.

Thank you Bush... thank you McCain.

I know you guys will be just fine the next 20 years. You have Billions of our money to keep you fed and warm.

We live well within our means....we own a house way below what we can afford. We have NO credit card debt. Our daughter will graduate from college this year debt free. We only buy what we can pay for in cash. We drive older cars. And, we sock away as much as possible for our retirement. How much lower can we go???? What else does this economy expect? I thought we had done
all of the "right" things to insure a secure future but I see it all going down the toilet....

Chuck.. I was told this will not work because the cost of everything would have to increase to keep balance. So you will see your milk cost go from $5 a gallon to $250 a gallon.

Crazy world!!!

700 billon dollars, just to start mind you. More will be transferred at Bernanke's discretion. Probably to his buddy Paulson. And yet they STILL decided to tank the market and implode the economy to make even MORE money. Think the government looks out for YOU, look around! See those tent cites, foreclosed houses, unemployed neighbors, and increase in prices while your hours get cut and your pay goes down. Then ask yourself, how the men who sat and allowed this to facilitate itself (Namely Obama, McCain, Hilliary, Biden, et. al) are supposed to be expected to acknowledge their own complicity while sacrificing their bankrollers who make it possible for them to enjoy thier life of luxury. If you buy into that then your are surely deluded enough to cast a vote (That may or may not even be counted anyway) for Obama or McCain. It's time to stop cooperating with this system that is created to destroy us. We either have to run and take over positions of power. Or take the necessary steps to abolish it. Anything else is a recipe for our own destruction.

You don't lose unless you sell. Just like your home. Would you sell it now when values are down?
Hang in there. I am staying fully invested as through other rough times. Been invested since 1959. Still working so I don't need the retirement money. May sell when the value goes back up.

Hmmm... lets see... I've lost over $300,000 dollars since the market started falling off. Now's the time to buy though! DOW is below 10,000!

golly gee, I hope ABC, Charlie Gibson, Diane Sawyer all lost a bundle. Then, when their buddy, Obama, whom they are hell bent on putting in the white house gets in, I hope he redistributes all their wealth to me.

Beck:

If you could pay off your house and save on average $1500-$2500 per month it would be worth it! It is time for us tell our government We the People can bail these companies out, give us the money and let us do what is best! I can smell another bailout coming, this is just the start!

Not good! At 61 I'll have to work untill I am 70 now to give time for the 401K to comeback. I know the trends, but if you look over the last 10-15 years I do not think I gained a thing.

We are all being taken for a ride. I think with the 401ks there are to much money chasing to few stocks, making them over valued to begin with. Supply and demand doesn't work in the case of stocks. Stocks are supposed to valued based on Company assests and performance, not so today, just money comming into the system, into index funds, without any research, or reason for the purchase.

you can't sell your house because Obama is going to raise the capitol gians tax to 30%.

the market is reacting to an obama presidency.

hmmm: You started off good but in the middle you got confused.. I do believe you meant to say BUSH, MCCAIN, CHANEY, AND ALL THE OTHER REPUBLICANS.

FACTS:
Unfortunately, any lessons McCain learned from the Keating scandal didn't affect his unbridled enthusiasm for deregulating the finance industry. "He continues to follow policies that create the same kind of environment we see today, with recurrent financial crises and epidemics of fraud led by CEOs," says Black, the former S&L regulator. Indeed, if the current financial crisis has a villain, it is Phil Gramm, who remains close to McCain. As chair of the Senate Banking Committee in the late 1990s, Gramm ushered in — with McCain's fervent support — a massive wave of deregulation for insurance companies and brokerage houses and banks, the aftershocks of which are just now being felt in Wall Street's catastrophic collapse. McCain, who has admitted that "the issue of economics is not something I've understood as well as I should," relies on Gramm to guide him.

Chuck: I am with you. I will take my chances. We need this money, we the people need the help.

An Obama presidency with his spending programs will absolutely destroy this economy. Look at the states that are bankrupt. California and Massachusetts. he wants to give Health Care and College to 6 million illegal immigrants. He wants to increase the capitol gains tax. Business and Jobs will tank.

Goldman Sachs exec takes over bailout?
....no tax for that golden parachute!

Beck:

If every "Taxpayer" wrote their congressman/woman and put pressure on them it can be done! It is about time the American people put their foot down and say enough is enough! Could we operate month after month with a 2-3 Million $$ lose like 1/2 these companies and than get bailed out? Can we pick up the phone at the end of the month if we are 5K short? We need to get the American people to say "STOP" If they government wants to continue down this road we have to say "NO"