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(Bloomberg) Scary The S&P 500 had a worse Thanksgiving week than you   (bloomberg.com) divider line 28
More: Scary, Worst Thanksgiving, Thanksgiving, german finance ministers, CHEVRON CORP., Caterpillar Inc., Groupon Inc., sovereign bond, Jefferies & Company  
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1272 clicks; posted to Business » on 26 Nov 2011 at 11:48 PM   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»   |    Get this fabulous T-Shirt and impress the methane out of your friends! shirt it!



28 Comments   (+0 »)
   
 
2011-11-26 11:12:12 PM
dailyvuve.files.wordpress.com
 
2011-11-26 11:51:32 PM
wait until the eurozone implodes and all those euros become worthless. THEN you'll see some serious shiat happening on wall street.
 
2011-11-27 12:10:34 AM
I blame Obushma
 
2011-11-27 12:14:31 AM
No it didn't. My portfolio is worth about 40% less on paper... the S&P isn't down nearly that much.

/Weeeeee options!
//Good thing I'm not retiring any time soon!
 
2011-11-27 12:14:43 AM
Weaver95: wait until the eurozone implodes and all those euros become worthless. THEN you'll see some serious shiat happening on wall street.

Well, we've got to meet our deadline for the end of the world somehow, and we're only a little more than a year away now. Gotta get started.
 
2011-11-27 12:34:26 AM
www.ronpaul.com

"I don't know much about history, and I wouldn't give a nickel for all the history in the world. It means nothing to me. History is more or less bunk. It's tradition. We don't want tradition. We want to live in the present and the only history that is worth a tinker's damn is the history we make today. " Henry Ford
 
2011-11-27 01:10:01 AM
Weaver95: wait until the eurozone implodes and all those euros become worthless. THEN you'll see some serious shiat happening on wall street.

Like all of them jummping to ther deaths?
 
2011-11-27 01:39:02 AM
Allen262: Weaver95: wait until the eurozone implodes and all those euros become worthless. THEN you'll see some serious shiat happening on wall street.

Like all of them jummping to ther deaths?


nah - they'll demand the taxpayers bail them out. Which is exactly what Congress will do...and THEN you'll see a voter backlash.
 
2011-11-27 01:40:24 AM
w34v0r: [www.ronpaul.com image 260x408]

"I don't know much about history, and I wouldn't give a nickel for all the history in the world. It means nothing to me. History is more or less bunk. It's tradition. We don't want tradition. We want to live in the present and the only history that is worth a tinker's damn is the history we make today. " Henry Ford


To be fair, history has progressed as an art form so that research and applications are completely different now than they were in Ford's age of snake oil and myth-making.
 
2011-11-27 02:31:15 AM
So at what point are we just going to admit that capitalism has failed because there are no safeguards against avarice and bribery? It's not much of an economic system that can be bought, sold, used, and abused. The only way it's continued since the Great Depression is because we adapted some socialist aspects to it to circumvent civil revolt.
 
2011-11-27 02:48:48 AM
Guntram Shatterhand: So at what point are we just going to admit that capitalism has failed because there are no safeguards against avarice and bribery? It's not much of an economic system that can be bought, sold, used, and abused. The only way it's continued since the Great Depression is because we adapted some socialist aspects to it to circumvent civil revolt.

Too bad in many conservative minds those safeguards very existence, not the weakening of them, is behind all these problems
 
2011-11-27 03:01:13 AM
Guntram Shatterhand: So at what point are we just going to admit that capitalism has failed because there are no safeguards against avarice and bribery? It's not much of an economic system that can be bought, sold, used, and abused. The only way it's continued since the Great Depression is because we adapted some socialist aspects to it to circumvent civil revolt.

Communism and other socialistic/marxist systems have collapsed or drastically weighed down countries, which is no different than we're suffering.
Fascism(true corporatism) was never really in existence long enough to see it through, but comes with so much packaged shiat that it's guaranteed to fail.
Sooo.. barter and trade?
 
2011-11-27 03:09:16 AM
Weaver95: Allen262: Weaver95: wait until the eurozone implodes and all those euros become worthless. THEN you'll see some serious shiat happening on wall street.

Like all of them jummping to ther deaths?

nah - they'll demand the taxpayers bail them out again. Which is exactly what Congress will do...and THEN you'll see a voter backlash.


FTFY

More like the armed mob that should have stoped it the first time...
 
2011-11-27 03:17:24 AM
Somebody should do something about Wall Street. Maybe occupy it or something.
 
2011-11-27 03:25:06 AM
Bucky Katt: Somebody should do something about Wall Street. Maybe occupy it or something.

Dismantle Wall Street would work better.
 
2011-11-27 04:03:41 AM
Weaver95: Allen262: Weaver95: wait until the eurozone implodes and all those euros become worthless. THEN you'll see some serious shiat happening on wall street.

Like all of them jummping to ther deaths?

nah - they'll demand the taxpayers bail them out. Which is exactly what Congress will do...and THEN you'll see a voter backlash.


Nope. That's when the new season of dancing with the stars will have it's season premiere. Then all will be forgiven forgotten.
 
2011-11-27 09:39:35 AM
Allen262: Weaver95: wait until the eurozone implodes and all those euros become worthless. THEN you'll see some serious shiat happening on wall street.

Like all of them jummping to ther deaths?


[jumpyouf*uckers.jpg]
 
2011-11-27 09:52:43 AM
bhcompy: Guntram Shatterhand: So at what point are we just going to admit that capitalism has failed because there are no safeguards against avarice and bribery? It's not much of an economic system that can be bought, sold, used, and abused. The only way it's continued since the Great Depression is because we adapted some socialist aspects to it to circumvent civil revolt.

Communism and other socialistic/marxist systems have collapsed or drastically weighed down countries, which is no different than we're suffering.
Fascism(true corporatism) was never really in existence long enough to see it through, but comes with so much packaged shiat that it's guaranteed to fail.
Sooo.. barter and trade?


No economic system can withstand the inherent greed and stupidity of the human race for very long.
 
2011-11-27 11:39:00 AM
Oh, this past week was just some rough foreplay with the Mrs. By Christmas, Mr. S&P will be tied over a barrel with a homeless Athems man hung like the Hedgehog buggering him (without lube) and a one-legged Italian whore applying electroshock to his balls. A fat Frenchman will be standing in front of him, not really doing andthing to Mr. S&P yet, but his hands will be on his zipper and a wry smile will be on his face.
 
2011-11-27 01:38:10 PM
bhcompy: Guntram Shatterhand: So at what point are we just going to admit that capitalism has failed because there are no safeguards against avarice and bribery? It's not much of an economic system that can be bought, sold, used, and abused. The only way it's continued since the Great Depression is because we adapted some socialist aspects to it to circumvent civil revolt.

Communism and other socialistic/marxist systems have collapsed or drastically weighed down countries, which is no different than we're suffering.
Fascism(true corporatism) was never really in existence long enough to see it through, but comes with so much packaged shiat that it's guaranteed to fail.
Sooo.. barter and trade?


Dude, you can't even graph the mound of bullshiat you just released. How is life in Sweden, Norway, France, Germany, England, Canada? These are weak positive democracies that don't exhibit totalitarianism. Do you have any familiarity with that? They're socialist democracies that live way better than America. WAY better.
 
2011-11-27 02:05:44 PM
Phil, those countries all have strict immigration policies. Good luck being brown and being allowed to live in Canada.
 
2011-11-27 02:29:51 PM
Phil Moskowitz: bhcompy: Guntram Shatterhand: So at what point are we just going to admit that capitalism has failed because there are no safeguards against avarice and bribery? It's not much of an economic system that can be bought, sold, used, and abused. The only way it's continued since the Great Depression is because we adapted some socialist aspects to it to circumvent civil revolt.

Communism and other socialistic/marxist systems have collapsed or drastically weighed down countries, which is no different than we're suffering.
Fascism(true corporatism) was never really in existence long enough to see it through, but comes with so much packaged shiat that it's guaranteed to fail.
Sooo.. barter and trade?

Dude, you can't even graph the mound of bullshiat you just released. How is life in Sweden, Norway, France, Germany, England, Canada? These are weak positive democracies that don't exhibit totalitarianism. Do you have any familiarity with that? They're socialist democracies that live way better than America. WAY better.


I like socialist democracies, but since the S&P 500 is reeling because of the morass Europe is in, this probably isn't the place to aspire to a European quality of life.
 
2011-11-27 02:44:43 PM
Krieghund: I like socialist democracies, but since the S&P 500 is reeling because of the morass Europe is in, this probably isn't the place to aspire to a European quality of life.

Which Europe are you speaking about? Sweden or Greece?

Saying Europe is collectively bad is the same as comparing California to Alabama.

I would move to Scandinavia, The Netherlands, Germany, maybe France in a heartbeat. Functional societies with high standards of living and taxes paid to support it as opposed to the neo-barbarism of the US.
 
2011-11-27 06:29:41 PM
so, offshoring and plush bonuses for shiatcanning american workers had a bad week?
 
2011-11-27 07:49:09 PM
lohphat: Krieghund: I like socialist democracies, but since the S&P 500 is reeling because of the morass Europe is in, this probably isn't the place to aspire to a European quality of life.

Which Europe are you speaking about? Sweden or Greece?

Saying Europe is collectively bad is the same as comparing California to Alabama.

I would move to Scandinavia, The Netherlands, Germany, maybe France in a heartbeat. Functional societies with high standards of living and taxes paid to support it as opposed to the neo-barbarism of the US.


Who said Europe was bad?

All I said was that since the article is about the collapse of the collective European economy, it is ironic to aspire to adopting the European model at this point
 
2011-11-27 08:14:49 PM
lohphat: Krieghund: I like socialist democracies, but since the S&P 500 is reeling because of the morass Europe is in, this probably isn't the place to aspire to a European quality of life.

Which Europe are you speaking about? Sweden or Greece?

Saying Europe is collectively bad is the same as comparing California to Alabama.

I would move to Scandinavia, The Netherlands, Germany, maybe France in a heartbeat. Functional societies with high standards of living and taxes paid to support it as opposed to the neo-barbarism of the US.


Yes, and there are reasons that they do so well, reasons that the US can never match, such as:
Scandinavia(most significantly Norway) has very successful social policies because their nearly homogenous culture(90+%)^ and the fact that managing a nation with a population a little bigger than the city of Los Angeles is a teensy bit easier to manage simply because of scale. The Netherlands also benefits from scale as well.
Germany, well, Germans do whatever they put their mind to, and do it well. Doesn't matter if it's socialism, fascism, or something else. Realistically though, they're the backbone of the EU. They're stronger now than as pre-EU because of that position, and they will continue to do so until the EU folds, at least for the near future.
France, well, France has issues. Very high continuous youth unemployment and consistent problems with youth rioting/unrest, and these are problems that cannot be cured without reforming their very pro-employee laws, which will never be popular with the majority. They're also very anti-immigration as a people(or more specifically anything anti-French culture) and they're having serious issues with the recent flux of Muslim immigrants. They have fertile land and decent manufacturing capacity, so they'll always have a backbone to stabilize against, but so does the US.

So, yea, those countries definitely have things they do better than the US, but some of these things are things that just can't exist in the US as it exists today simply because of demographics, the Bill of Rights, or something else that is functionally impossible to change.
 
2011-11-27 11:36:27 PM
bhcompy: lohphat: Krieghund: I like socialist democracies, but since the S&P 500 is reeling because of the morass Europe is in, this probably isn't the place to aspire to a European quality of life.

Which Europe are you speaking about? Sweden or Greece?

Saying Europe is collectively bad is the same as comparing California to Alabama.

I would move to Scandinavia, The Netherlands, Germany, maybe France in a heartbeat. Functional societies with high standards of living and taxes paid to support it as opposed to the neo-barbarism of the US.

Yes, and there are reasons that they do so well, reasons that the US can never match, such as:
Scandinavia(most significantly Norway) has very successful social policies because their nearly homogenous culture(90+%)^ and the fact that managing a nation with a population a little bigger than the city of Los Angeles is a teensy bit easier to manage simply because of scale. The Netherlands also benefits from scale as well.
Germany, well, Germans do whatever they put their mind to, and do it well. Doesn't matter if it's socialism, fascism, or something else. Realistically though, they're the backbone of the EU. They're stronger now than as pre-EU because of that position, and they will continue to do so until the EU folds, at least for the near future.
France, well, France has issues. Very high continuous youth unemployment and consistent problems with youth rioting/unrest, and these are problems that cannot be cured without reforming their very pro-employee laws, which will never be popular with the majority. They're also very anti-immigration as a people(or more specifically anything anti-French culture) and they're having serious issues with the recent flux of Muslim immigrants. They have fertile land and decent manufacturing capacity, so they'll always have a backbone to stabilize against, but so does the US.

So, yea, those countries definitely have things they do better than the US, but some of these things are things that just can't exist in the US as it exists today simply because of demographics, the Bill of Rights, or something else that is functionally impossible to change.


I wouldn't say they don't have a problem. Anders Behring did what he did for a reason and Norwegian schools have the same "white flight" as a response to integrating schools that we see in America. But yeah, you touch upon a valid reason (that most are uncomfortable addressing) why some societies are successful and others are not - that the population is of a demograhic that is predisposed to live within the confines of the law and contribute to society. i.e. Scandiinavia, Canada. Also innstructive to point out that just being homogenous is not enough (see the Congo, Liberia, Sudan)
 
2011-11-27 11:45:06 PM
Pumpernickel bread: Also innstructive to point out that just being homogenous is not enough (see the Congo, Liberia, Sudan)

This is true. A strong national or community identity is necessary, or at least some type of unifying cause, as part of that equation. Of course, a stable non-authoritarian government that grants rights and has limits helps, too
 
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