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1-Old-Man

(2,667 posts)
Thu Dec 20, 2012, 11:16 PM Dec 2012

Tomorrow Wall Street will cast its vote, and it won't be pretty

It used to be when someone mentioned Wall Street they were talking about the stock market. Now-a-days the term seems to be more associated with crooked bankers. I don't know how that happened. Tomorrow the New York Stock Exchange will signal its vote on the chaos that has become the Republican Party. That should jolt some people in the Congress into something approaching sensibility.

14 replies = new reply since forum marked as read
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Tomorrow Wall Street will cast its vote, and it won't be pretty (Original Post) 1-Old-Man Dec 2012 OP
The 1% are going to throw a temper tantrum. We should ignore them. reformist2 Dec 2012 #1
Buy Low........... thelordofhell Dec 2012 #2
Right, hoping to do that for my daughter elleng Dec 2012 #6
Maybe not ... Vox Moi Dec 2012 #3
We're all stocked up on tissue and tiny violins over here. nt Barack_America Dec 2012 #4
Hope so. elleng Dec 2012 #5
Yes, I have no doubts the kidnappers are going to make threats. HereSince1628 Dec 2012 #7
They want us all to fall in line and bow down to them gollygee Dec 2012 #8
no interest in this criminal scheme CountAllVotes Dec 2012 #9
so will a lot of working people who have their pensions in 401k's spanone Dec 2012 #10
Right. Some forget that many of us are invested. elleng Dec 2012 #11
So true DURHAM D Dec 2012 #13
They should have moved to bonds by now - this is not exactly a surprise reverend_tim Dec 2012 #14
Defense and Banking stocks will Wellstone ruled Dec 2012 #12

Vox Moi

(546 posts)
3. Maybe not ...
Thu Dec 20, 2012, 11:20 PM
Dec 2012

... they want a solution and the details are not as important as the settlement itself. Something to plan around.
If we see a chess master at work, as all of DU does tonight, maybe they will be confident of a solution they can make money from.
They can make money from any solution. It's what they do.

elleng

(130,956 posts)
5. Hope so.
Thu Dec 20, 2012, 11:22 PM
Dec 2012

Will also jolt a lot of We the People who have interests in listed companies, and this includes a lot of us, NOT just ' crooked bankers.' HOPE many of those pay attention, and realize we/they can get rid of the clowns.
http://www.powellforva.com/

gollygee

(22,336 posts)
8. They want us all to fall in line and bow down to them
Thu Dec 20, 2012, 11:25 PM
Dec 2012

and do whatever they want to keep them happy.

I vote to ignore Wall Street.

reverend_tim

(105 posts)
14. They should have moved to bonds by now - this is not exactly a surprise
Thu Dec 20, 2012, 11:38 PM
Dec 2012

As I just flipped thru channels Blomberg has Dow futures down 205.
But that is still 70 points above then I got out so.

 

Wellstone ruled

(34,661 posts)
12. Defense and Banking stocks will
Thu Dec 20, 2012, 11:35 PM
Dec 2012

get the shit kicked out of them. Next week is the end of the quarter,the big boys make their commissions based on the S&P and the NASDQ finals. Should be interesting,lots of our IRA's and 401's are going to get crushed,but,the 1%ers don't give a rats ass anyway. It's all about sticking the knife in the Dark Skinned Guy in the White House anyway.

Boner and Cantor's American Xmas gift to the 99%. 2014 going to be really interesting as I predicted.

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