On Oct 25, 8:31*pm, "Jonathan" wrote:
"casey" wrote in message
...
On Oct 25, 4:48 pm, Roy Batty wrote:
Objections to the "ruling economic class", or "the
richest 1%", having undue influence on government
policies and that this situation reflects a "failure
of democratic representation" for the middle and
lower classes, or the "other 99%".
That's basically the argument.
As evidenced by the rich getting richer and the middle
class paying more and mo More on housing, more on
food, more on fuel, more on health care, more on
education, more on "luxuries" as in TV, etc WHILE these
companies and CEO's make more and more profits as the
economy is tanking!!! WTF!!! With people working two or
*three jobs, if they can get a job, to make ends meet.
*FREAKING STAND UP PEOPLE.
*And do what?
"First you've got to get mad!"
One of the greatest political speeches in movie
history still rings true today, and ...especially
for this movement.
"I'M A HUMAN BEING GODDAMMIT"http://www.youtube.com/watch?v=dib2-HBsF08
Do you know why there is an economic crisis?
Who caused it and how did they do it?
The Big Crash was the direct fault of our stupid
political leaders when they passed the massive
rescue bill in Oct of 2008. That set off a panic
in the markets *where everyone that could sell
...sold. * EVERYONE SOLD AT ONCE.
It didn't have to happen.
I publicly predicted the great crash the Friday
before it happened. The next week saw the biggest
sell-off *in the /history/ of the stock market.
..................................................
On Friday Oct 3, 2008 9:11 pm I wrote....
"This is a typical panic-sell situation due to the massive
system wide uncertainty concerning mortgage debt.
The cliché *"buy on the rumor, sell on the news"
most certainly applies I believe.
The 'news' in this particular panic is the rescue bill.
Which was just signed, making the next few weeks a sure
sell-off, and big time imho. People will look around the next
week or so asking ..."is it over, are we saved?"
"No, not really, nothing much has changed!"
Might be the reply.
And like a shotgun blast to a flock of birds, the panic-sell
will resume, ....and with a fervor not yet seen.
This kind of panic sells always have a false bottom
around half way down. For the Dow it {halfway down}was
just above 11,000, and the Nasdaq at around 2200.
The bottom will be around 8500 for the Dow, and
around 1700 for the Nasdaq ...imho.
I aint getting back in till then."
http://groups.google.com/group/misc....e_thread/threa...
.................................................. ............
The following Monday the Dow closed down almost 400.
Tuesday saw the single largest drop in the Dow since 1937
dropping over 500 points for the day. And it dropped an
astonishing 950 points more by Friday to close the week at 8577.
The Nasdaq ended the week at 1690.
My prediction
Dow
77 / 8500 = *1% *(error)
Nasdaq
10 / 1700 *= *.6% *(error)
................................
And guess what set off the panic sell last month?
Yes, a big rescue bill. Both crashed came immediately
after the rescue bills. The difference is this time Wall
Street knew what would happen, yet asked for the
big rescue bill anyway.
Wall Street set off a panic, and cashed in on all the
cheap stock , by ...get this...encouraging our govt
to shower them with our money.
People should be furious, absolutely furious.
s
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.. . . yeah, blame is easy for the easyover crowd: turning the Stock
Market into a gambling casino had nothing to do with the way itis
now . . . a playboys' toy . . . yeah . . . poormans’ slaver . . .
yeah . . . are we having fun, yet . . . yeah . . . slavery is
fun . . . yeah . . . duh ?
Brother Nathanial:
http://www.youtube.com/watch?v=_Eb9bXwKXXw
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Truth will set you free John 8:32
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