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Old 02-23-2009, 02:49 PM   #21
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'God Looks After Drunkards, Fools and The United States of America.'

Pssst - Wellesley.

Join the Norwegian widow at the mailbox and pick up your dividend checks.

Or if in the accumulation phase - 'when tuna fish is on sale, buy tuna fish.'

Aren't we having fun yet? - this market is making history - right?

heh heh heh - ok ok so twist my arm and I admit I'm not wing flapping happy either. So I take my 4% SEC yield and soldier on - gotta spend cause I'm not getting any younger. .
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Old 02-23-2009, 02:50 PM   #22
Give me a museum and I'll fill it. (Picasso)
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The stock market has gone down since the OP posted the question. Delete the thread!
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Old 02-23-2009, 02:54 PM   #23
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Originally Posted by Dawg54 View Post
The stock market has gone down since the OP posted the question. Delete the thread!
Last 20 minutes that is straight down is not the most boolish tank.

Turbo Timmy does not know where the PPT office is at yet?
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Old 02-23-2009, 03:13 PM   #24
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Originally Posted by Gpond View Post
What do you think of government capital injections in "certain/the chosen" companies?
Depends on the situation. They can be good. They can be bad. I think some of the "too big to fail" institutions were rightly propped up (ie things would have been much worse had they not been propped up). I think "some too big to fail" institutions are better allowed to fail than to continue to stay on the government life support. I would place some financials in the former category, and the domestic automakers in the latter category.
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Old 02-23-2009, 03:18 PM   #25
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Are you by any chance a member of the Obama admisistration?
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Old 02-23-2009, 08:43 PM   #26
Thinks s/he gets paid by the post
 
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Next Fox News, New York Post, Rush Limbaugh, The National Review and the WSJ should be closed

Ha
Good idea - I like it!!!!
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Old 02-23-2009, 09:54 PM   #27
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Originally Posted by cloudeleven View Post
Something needs to be done.
I get very afraid when people use the phrase "Something needs to be done", to justify doing "something".

A particular action can help, hurt or be indifferent. But they are all "something". Now, why the heck would you want to do *anything*, if you didn't have a reasonable idea that it was going to help?

Heck, just based on the numbers, you only have a 1 out of 3 chance of any random action helping. Considering there is a cost associated with that action, the odds are even worse.

Don't just do something, stand there!

-ERD50
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