Mr Stock Market gets battered

[Wiregrass Willie]

I thought the stock market was suppose to be a free market. Then why has the Federal Reserve attempted three times today to bail it out of a well deserved sell off ? The old Politburo didn't act that many times to bail the Kremlin out of trouble.

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"No American's savings should be so modest that we can't steal
some". --- Credo of whoever invented Mutual Funds.

[Hydra]

1. Free market is code

for monopoly and protection for the vested interests.

Makes me :puke: when I see it here. I like to think we DUer's have a better grasp of the propaganda than most.

[glitch]

2. No kidding. It's good as an ignorance (or arrogance depending on how it's used) indicator though.nt

[Odin2005]

3. There is no such thing as a free market.

There are only 2 kinds of markets; one regulated by the community as a whole, or one ruled by the whims of gangsters. The world economy now days is currently ruled by the whims of the Corporatist gangsters.

[malaise]

6. Ding ding we have a winner n/t

[Subdivisions]

4. And what's going to happen Monday. Is the market going to

open three-digits down again and how many time can the Fed inject more cash? At some point, the whole thing is bound to collapse under its own weight. Right?

[Zodiak]

7. It's not Monday you need to worry about, but Tuesday.

Monday, if the market contnues to drop despite the desperate attempts by the Fed to prop it up and it closes a few hundred points down again, then Tuesday you will see the whole thing come tumbling down as panic sets in.

For some reason, it happens on Tuesdays. At least that is the story I heard.

[Javaman]

5. and just last week they all had boners over it going over 14000

boy how time change on a dime huh? LOL