DOW is up 206.24 points, woohoo! now is the time to PRIVATIZE!

[ragin_acadian]

seriously though, it gained back what it lost in the last two days - and still 700 points less than what it was nearly a year ago.

I might as well cash in my IRA, take the hit on the taxes, and spend the remaining amount on scratch off tickets.

so 'Bonzo goes to Washington' is touring the country, expecting me to support the investment of .062% of my paycheck in a stock market that is boating without a life jacket.

are you kidding me? is he still on the bottle?

Does anyone who supports social security privatization watch the stock market? They might as well expect a return from the wino that just asked if they could spare any change!

Just my thoughts, but I thought that this 'stock market' thing has been excluded from the privatization debate.

[mattclearing]

1. You're right, it has.

Just like this casino thing has been excluded from the gambling debate.

[lonestarnot]

2. Must be all the pope's and nealbabybushitler's laundered money.

[ragin_acadian]

5. good point, they must know something we don't.

i used to follow the pvc prices because pipe manufacturers use a chloride that is necessary to high caliber weapons. i always knew when marines were going to be 'renovating' something because 1/2" pvc went from .05 cents a foot, to .11 - you get the picture.

i'll check tomorrow, and post my results on this thread, or another, but i guarantee that prices jumped in november, probably january, and may jump again. soon.

[Yupster]

3. That would be cool

If we could pick which days our account would be privatized for.

I'll take today George. But out of the market tomorrow until we have another + 100 point day thank you.

[ragin_acadian]

7. i'm not that wall street savvy. which is why, if i were to choose a method

of privatization, i would choose beer. because at least i could get a return from beer. at the end of the day, i would piss the beer away.

if i invested it in the stock market, wall street would piss it away, and i wouldn't find out until the nightly news. then i would be forced to take my paycheck, minus witholding, medicaire, and my former social security now known as 'wall street piss away money' (W-SPAM), and buy my own damn beer. not much of a friggin investment.

[The_Casual_Observer]

4. Listening to the wall st. con men today, you would never know

that it dropped 200 points yesterday.

[ragin_acadian]

6. yeah, ask the wall st. con-men about stocks, and losing more than gaining

and you'll get the same style answer that Jack Herbein gave when asked what would happen if a hydrogen bubble inside the three mile island reactor came in contact with an electrical spark - "sponateous energetic dissasembly" replied Herbein. When a reporter asked what the difference was between spontaneous energetic dissasembly, and an explosion, Herbein refused to answer further questions.

[Stinky The Clown]

8. I've had this feeling that whole fucking market is an orchestrated

backdrop to the tsunami of evil about to strike our little corner of the world.

Hey, Ernie ..... sell a bit ..... its gettin' up to 11,000.

Okay, George.



Hey Ernie ... buy 'em back ..... we need a week of good news.

Okay, George.

[ragin_acadian]

9. orchestrated to Scott Joplin! dadada-da-da-da-da-dat.

i'm clueless on the tsunami of evil: will it be a REAL terror attack, the world boycotting us, masses of freepers dissatisfied that the government they wanted that wants nothing to do with them so blame it on the democrats, or the saudi's pulling all their investments and switching them to the euro?

tune into fox tomorrow: we distort, you comply.

[tsuki]

10. I understand that he is considering privatizing the civil service

by executive order. I wonder how the government workers will like that?

[KharmaTrain]

11. Come On In Suckers...

This is what my broker calls a "dead cat bounce"...the market rallies for a few days...regains some ground, makes some profits, then slowly fades out as the economy can't sustain the stagflation that is starting to take hold.

Face it, anytime the market goes up, some right wing corporate media shill will scream how much money someone could have made if we turned over Social security to Wall Street brokers...and how when the "economy is good, we're all good".

Forget that incomes continue to shrink, expenses continue to rise and spending is slowing. But why spoil the market with reality?

[ragin_acadian]

12. i like that:: "dead cat bounce" - hah!

like i said in the post, the best way to combat this privatization thing is to say: 'you want me to invest my money in that?!'

that's what has been missing from this privatization argument. people are discussing administration costs and transfer fees.....not a single talking head has mentioned the market on a continual downhill slide. the dow is currently about 800 points below where it was a year ago, who knows where it will be next year. if domestic consumption is down, and nothing in the budget to build infrastructure, these corporate fat cats might as well just strangle themselves with their golden parachutes.