Stock Market Dives -- How You Doing?

this is the market created by Bush/McCain

thanks but no thanks.

It was the democrats in congress who were responsible for the failure of fannie may and freddie mack. They opposed any effort to stop the sub prime crisis. Obama did nothing to stop it. He has taken more money from freedie and fannie than any other senator except Dodd. He has former Ceo's of Freddie and Fannie as economic advisors. His chief economic advisor , Penny Prtizker 2.3 billion dollar bank failed due to sub prime lending and irregular accounting practices.

christa - the media made Ron Paul out to look like a crazy old man because they selected their candiate - obama - and they don't want anything to interfere with putting him in the white house. Ron Paul will be proven right.

matt: Stop with the half truths.. It all started with a Republican president and Republican congress for 4 years. Let's do put the blame down.

This is the market created by
the democrats - the same democrats
that ran Fannie and Freddie -
the same democrats that are running
ACORN - the same democrats that refused
to pass regulations on their pals
at Fannie and Freddie when trouble
began in paradise.
This is the market
that when the bums' actions came to
light, it was too late for the little
guy.
Those poor people lost their houses - and it was the fault of these democrats who ran these companies.
But it was just in time for those
democrats to get theirs - the golden
goose parachutes $$$$$.
The FBI is indeed looking into all of
this. I hope the democrats get stewed
in their own juice.

Dean: As you are well aware, Ron Paul is a Republican. He lost in the primaries because the media wanted their candidate, McCain (not Obama). If you need a refresher on what McCain thought of Ron Paul - watch the Republican debates again. In my opinion, McCain (and the other candidates) were disrespectful and dismissive of Ron Paul.

cissy55,

The FDIC reserve is not 'being used up fast.'

1percenter: lets see what happens!

I think I just read "expect many more banks to fail"... thats what the FDIC takes care of. Sounds like it is being used to me. Or do we just go and pick the money off the money tree in the back yard to fund the FDIC?

Beck-
You need a history lesson. There's plenty of blame to go around, including the Democrats who, during the Clinton years, put pressure on lenders to loan mortgages to low-income people who could not afford to pay the loans back.

Ok, neither candidates are wonderful. Both can't tell the truth. I non of the above and let's start over. :) The bail out was to save the market and keep lending open. I moved my money to gold several months ago as I could see it coming... Never thought it would get this bad but none the less, it was coming. It took more than Bush to get us here. It took those that let people barrow beyond their means and the people who went and got the loans. It took Crooked CEO's that paid themselves while letting the company go down. It took overspending our tax dollars and that was done by ALL of them in washington.

It was in the Clinton admin in which the loan companies were "encouraged" to give home loans to people who couldn't afford them. Loans were easier to get. People started living well outside their means. When Bush became pres, was he supposed to take that away and become a heartless leader? Get real democrats- it is because of the Clinton admin that things started tumbling downward. "role model" of a president- Clinton.