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Old 09-19-2008, 02:12 AM   #1
Stapler
 
Posts: 33
Default Bank failures

Start an immediate run on your savings. Camp out at night, to be first in
line. We need a good old fashioned panic.
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Old 09-19-2008, 11:20 AM   #2
The Moderator
 
Posts: 923
Default Re: Bank failures

"Stapler" <> wrote in message
news:lUDAk.353$UB3.133@trnddc07...
> Start an immediate run on your savings. Camp out at night, to be first in
> line. We need a good old fashioned panic.

Obama said the sky was falling.
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Old 09-19-2008, 11:59 AM   #3
Bill
 
Posts: 152
Default Re: Bank failures

"Stapler" <> wrote in message
news:lUDAk.353$UB3.133@trnddc07...
> Start an immediate run on your savings. Camp out at night, to be first in
> line. We need a good old fashioned panic.
you should camp out in front of Dr Phils office.
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Old 09-19-2008, 01:04 PM   #4
Carbon
 
Posts: 1834
Default Re: Bank failures

On Fri, 19 Sep 2008 06:20:13 -0500, The Moderator wrote:
> "Stapler" <> wrote in message
> news:lUDAk.353$UB3.133@trnddc07...
>> Start an immediate run on your savings. Camp out at night, to be first
>> in line. We need a good old fashioned panic.
>
> Obama said the sky was falling.

McCain said the fundamentals of the economy were strong.
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Old 09-19-2008, 04:16 PM   #5
The_Professor
 
Posts: 865
Default Re: Bank failures

On Sep 19, 6:59 am, "Bill" <some...@home.net> wrote:
> "Stapler" <stap...@tmp.com> wrote in message
>
> news:lUDAk.353$UB3.133@trnddc07...> Start an immediate run on your savings. Camp out at night, to be first in
> > line. We need a good old fashioned panic.
>
> you should camp out in front of Dr Phils office.

...woudln't that be like the nuts returning to the tree?
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Old 09-19-2008, 09:50 PM   #6
Jack Hollis
 
Posts: 2096
Default Re: Bank failures

On 19 Sep 2008 13:04:15 GMT, Carbon <>
wrote:

>McCain said the fundamentals of the economy were strong.

In reality, they are. Last quarter saw a 3.2% annual growth in GDP.
Unemployment at 6.1%. Corporate profits are strong. Core CPI is at
2.5%. And the stock market went up this week.
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Old 09-19-2008, 10:11 PM   #7
Lloyd Parsons
 
Posts: 752
Default Re: Bank failures

In article <>,
Jack Hollis <> wrote:

> On 19 Sep 2008 13:04:15 GMT, Carbon <>
> wrote:
>
> >McCain said the fundamentals of the economy were strong.
>
> In reality, they are. Last quarter saw a 3.2% annual growth in GDP.
> Unemployment at 6.1%. Corporate profits are strong. Core CPI is at
> 2.5%. And the stock market went up this week.

Unemployment at 6.1% isn't an indicator of 'strong economy'

Core CPI has been so politically twiddled that it is less that useful.
It's prime purpose is to keep entitlements and other things tied to it
from increasing while appearing to actually accomplish something.

Keep in mind, core CPI takes food and energy out of the equation. But
even then, what the hell only went up 2.5% this year? I sure can't
think of a single thing. Most things are up well over 10%.

Corporate profits up? I dunno. Sure not the financial industry, nor
the automakers, that's for sure. Oh yeah, the OIL companies profits are
through the roof. Maybe that twiddles the figures a bit, huh?

Meanwhile, with all your good news, Joe Sixpack is either out of a job,
or working for less, car dealers can't give away the cars, all the
retail chains are crying....
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Old 09-19-2008, 11:46 PM   #8
Jack Hollis
 
Posts: 2096
Default Re: Bank failures

On Fri, 19 Sep 2008 17:11:45 -0500, Lloyd Parsons
<> wrote:

>Meanwhile, with all your good news, Joe Sixpack is either out of a job,
>or working for less, car dealers can't give away the cars, all the
>retail chains are crying....

Actually the discount stores like Walmart and Cosco are doing pretty
good.
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Old 09-20-2008, 12:49 AM   #9
Carbon
 
Posts: 1834
Default Re: Bank failures

On Fri, 19 Sep 2008 19:46:06 -0400, Jack Hollis wrote:
> On Fri, 19 Sep 2008 17:11:45 -0500, Lloyd Parsons <>
> wrote:
>
>>Meanwhile, with all your good news, Joe Sixpack is either out of a job,
>>or working for less, car dealers can't give away the cars, all the
>>retail chains are crying....
>
> Actually the discount stores like Walmart and Cosco are doing pretty
> good.

The fundamentals of the economy are strong, are they?
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Old 09-20-2008, 12:52 AM   #10
Lloyd Parsons
 
Posts: 752
Default Re: Bank failures

In article <>,
Jack Hollis <> wrote:

> On Fri, 19 Sep 2008 17:11:45 -0500, Lloyd Parsons
> <> wrote:
>
> >Meanwhile, with all your good news, Joe Sixpack is either out of a job,
> >or working for less, car dealers can't give away the cars, all the
> >retail chains are crying....
>
> Actually the discount stores like Walmart and Cosco are doing pretty
> good.

Wow! You are a never ending sunshine boy, aren't you?

In case you hadn't noticed, the discount stores aren't the entire retail
economy. And not all of them are doing that well either. Low ticket
items mostly, all bigger ticket stuff is gathering dust.
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