Comments on: Monkey Business On Wall Street

By: Jack

Jack — Tue, 21 Oct 2008 23:11:23 +0000

Why didn’t I borrow a bunch of money at 5% and invest in stocks and make 10%? I am stupid.

By: dog

dog — Wed, 15 Oct 2008 18:30:03 +0000

Isn’t it interesting that the gun nuts think everything can be solved with a bullet. I think Mussolini would have fared much better had he not embraced the bullet solution for everything. He might have ended up in a jail cell instead of hanging upside down in a tree.

By: Clancy

Clancy — Mon, 13 Oct 2008 18:34:45 +0000

I agree with Tom A. Oil and Wall Street go up and down on news of a hurricanes. The difference – oil and fuel supply can be directly affected by hurricanes. Wall Street does trade too much on the short term.

By: Tom Anderson

Tom Anderson — Mon, 13 Oct 2008 17:47:51 +0000

Long ago the stock market reflected the value of companies. Today it is a measure of the confidence in the economy, and is hugely effected by government intervention and wildly swinging commodity prices. Short term thinking in the stock market is no better than a drunken night in the gambling halls of Las Vegas. Long term thinking leads to questions of our real national debt, which some now put at over $2,000,000 for every man, woman and child due to the addition of the ‘derivative bomb’ that just went off. Energy prices are going to kill most of the companies offered by the markets as the global peaking of oil production ravages industrial civilization.

By: Roberto

Roberto — Mon, 13 Oct 2008 14:52:02 +0000

Mr. Logic,

Your correction is understood and well-received. I completely disapprove of W’s bail-out as well as Comrade McCain’s nationalization plans for the mortgage industry. I fancy myself a true conservative, which McCain is not, so perhaps for the first time I’ll have to study in depth the platforms of those fringe parties, even though they’ve got a snow balls chance of winning.

By: Robert

Robert — Mon, 13 Oct 2008 12:48:21 +0000

Roberto thanks I needed a good laugh. Comrade Obama gee it gets better and better. From years past I remember an election where the word War monger was used and it cost him the election. When we don’t understand or educate ourselves we fall back on words.

By: Mr. Logic

Mr. Logic — Mon, 13 Oct 2008 04:31:12 +0000

Cyclops–
Your solution certainly sounds LOGICAL I must admit. But let’s leave off the shooting for now at least.

By: Timm

Timm — Mon, 13 Oct 2008 04:29:49 +0000

To make sense of the truly bizarre financial stuff going on, I strongly recommend everyone listen to the most recent This American Life podcast as well as NPR’s Planet Money podcast. Both have helped clear things up for me.

http://www.npr.org/blogs/money/

http://www.thisamericanlife.org/

EDITOR NOTE–
We heard the THIS AMERICAN LIFE broadcast and it is indeed well done journalism.

By: Cyclops

Cyclops — Mon, 13 Oct 2008 03:52:04 +0000

Mr. Logic, it is equally logical that the democratic candidate has no earthly capability of paying for all the programs he has pledged in order to get elected!
The result of all of this will certainly be a socialistic state.
I do not propose that the republicans are any better suited to solve our current problems. The solution, in my opinion, is actually quite simple. Any CEO that has run the company he (she) represents into the ground and then taken the “sweet parachute” to leave needs to be in Jail!! If the response is that what they have done is not illegal, then make it illegal! If the taste of this doesn’t suit your palate, then simply shoot them! Problem solved! And with your commitment to logical thought, I am sure you will agree.

By: Mr. Logic

Mr. Logic — Mon, 13 Oct 2008 03:27:52 +0000

Roberto–
It is LOGICAL to note the Republican president is the first to nationalize the mortgage companies, the banks, intrude on our privacy in the name of national security, and start a foreign war all in the name of preserving Democracy!