- This topic has 32 replies, 14 voices, and was last updated 16 years, 10 months ago by
drunkle.
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AuthorPosts
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August 3, 2007 at 12:36 PM #9696August 3, 2007 at 12:39 PM #69962
Bugs
ParticipantIt’s too late for that. It didn’t work in Japan and it won’t work here.
August 3, 2007 at 12:39 PM #70037ParticipantIt’s too late for that. It didn’t work in Japan and it won’t work here.
August 3, 2007 at 12:50 PM #69968GoUSC
ParticipantWow…He lost his top there. Unbelievable.
August 3, 2007 at 12:50 PM #70043ParticipantWow…He lost his top there. Unbelievable.
August 3, 2007 at 12:58 PM #70051greekfire
ParticipantAbsolutely priceless. I would say he was more demanding a rate cut rather than begging for one. I loved it when he said “We have Armageddon.”
August 3, 2007 at 12:58 PM #69976ParticipantAbsolutely priceless. I would say he was more demanding a rate cut rather than begging for one. I loved it when he said “We have Armageddon.”
August 3, 2007 at 1:12 PM #70059joebaduba
Participantnot sure how i feel about those wall streeters losing their jobs.
August 3, 2007 at 1:12 PM #69984Participantnot sure how i feel about those wall streeters losing their jobs.
August 3, 2007 at 1:22 PM #70065ParticipantYea…those poor guys who made millions…oh wait BILLIONS…on the backs of stupid American’s being suckered into loans they couldn’t afford (no they aren’t innocent but there was definately a lot of fraud out there).
August 3, 2007 at 1:22 PM #69990ParticipantYea…those poor guys who made millions…oh wait BILLIONS…on the backs of stupid American’s being suckered into loans they couldn’t afford (no they aren’t innocent but there was definately a lot of fraud out there).
August 3, 2007 at 1:23 PM #69992one_muggle
ParticipantRegarding wall streeters losing jobs, I don’t feel bad at all and I have family/friends on wall street.
The smart ones have built up a cushion for just such an event. My bro-in-law went from 7 figures to negative post-9/11. He wasn’t happy, but he was easily able to ride out the storm because he had low debt and a diverse cash generating portfolio. They work in the freakin financial markets and if they don’t know how to diversify, let Darwin sort them out.
It’s bad enough I’m forced to pay these guys almost 1 percent every year for the pleasure of having a 403(b), if they can’t figure out how to ride out a financial crisis–let them work at Walmart for a few years.
BTW: same goes for Realtors–my Realtor friend owns his house and car outright, and has about one year’s expenses in the bank. After all, it has been a very good half-decade. If you don’t know how to put some aside, maybe now you’ll learn.-one muggle
August 3, 2007 at 1:23 PM #70067ParticipantRegarding wall streeters losing jobs, I don’t feel bad at all and I have family/friends on wall street.
The smart ones have built up a cushion for just such an event. My bro-in-law went from 7 figures to negative post-9/11. He wasn’t happy, but he was easily able to ride out the storm because he had low debt and a diverse cash generating portfolio. They work in the freakin financial markets and if they don’t know how to diversify, let Darwin sort them out.
It’s bad enough I’m forced to pay these guys almost 1 percent every year for the pleasure of having a 403(b), if they can’t figure out how to ride out a financial crisis–let them work at Walmart for a few years.
BTW: same goes for Realtors–my Realtor friend owns his house and car outright, and has about one year’s expenses in the bank. After all, it has been a very good half-decade. If you don’t know how to put some aside, maybe now you’ll learn.-one muggle
August 3, 2007 at 1:24 PM #69996temeculaguy
ParticipantI loved it! Cry me a river Cramer because you know people who will lose their homes. Nobody saw you crying because you knew people who couldn’t afford homes last year and next year they will be able to. If armageddon means home prices will fall to levels that six figure earners can raise a family and have their spouse stay at home with the kids, then bring on armageddon. Yes Cramer, break out your biblical references, the seas will boil, fire and brimstone, and college grad couples starting out can buy a little house and still eat, oh noooo. What’s next? People turning into pillars of salt and teachers being able to buy homes?
August 3, 2007 at 1:24 PM #70072ParticipantI loved it! Cry me a river Cramer because you know people who will lose their homes. Nobody saw you crying because you knew people who couldn’t afford homes last year and next year they will be able to. If armageddon means home prices will fall to levels that six figure earners can raise a family and have their spouse stay at home with the kids, then bring on armageddon. Yes Cramer, break out your biblical references, the seas will boil, fire and brimstone, and college grad couples starting out can buy a little house and still eat, oh noooo. What’s next? People turning into pillars of salt and teachers being able to buy homes?
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