Today's Headlines

zepboy · Post by **zepboy** » Fri Oct 10, 2008 5:32 am

Dude, video no longer available.

CygnusX1 · Post by **CygnusX1** » Fri Oct 10, 2008 5:49 am

zepboy wrote:Dude, video no longer available.

If it was the Family Guy episode, you can see it here:

http://www.watchfreeepisodes.com/family ... ideo/3557/

or HERE:

http://video.aol.com/video-detail/famil ... 3713440722

YYZ30 · Post by **YYZ30** » Fri Oct 10, 2008 6:39 am

OPEC is having a meeting in mid-November to cut production due to the price of oil taking a hammering in the market- check any news source for the whole story.

This burns my bacon to no end. We finally get some relief from the prices, and they want to put the screws to us even harder.

We should tell OPEC to take a flying fuck at a rolling donut. Offer them $10 a barrel, which they will not take...at the start. When OPEC has all these barrels of oil just sitting and rotting they will take what money they can for it.

CygnusX1 · Post by **CygnusX1** » Fri Oct 10, 2008 8:12 am

YYZ30 wrote:OPEC is having a meeting in mid-November to cut production due to the price of oil taking a hammering in the market- check any news source for the whole story.

This burns my bacon to no end. We finally get some relief from the prices, and they want to put the screws to us even harder.

We should tell OPEC to take a flying fuck at a rolling donut. Offer them $10 a barrel, which they will not take...at the start. When OPEC has all these barrels of oil just sitting and rotting they will take what money they can for it.

We should just TAKE the friggin' oil.

I know I know....

Siggy Sorry.

YYZ30 · Post by **YYZ30** » Fri Oct 10, 2008 8:13 am

DJIA under 8000...kids, this is not good news.

CygnusX1 · Post by **CygnusX1** » Fri Oct 10, 2008 8:20 am

YYZ30 wrote:DJIA under 8000...kids, this is not good news.

HANG IN FOR THE LONG HAUL!

Don't bail! The ones that hang in there are gonna make out like fat rats
on the rebound....and it WILL rebound. Always does.

***keeps cool***

YYZ30 · Post by **YYZ30** » Fri Oct 10, 2008 8:24 am

CygnusX1 wrote:
YYZ30 wrote:DJIA under 8000...kids, this is not good news.
HANG IN FOR THE LONG HAUL!

Don't bail! The ones that hang in there are gonna make out like fat rats
on the rebound....and it WILL rebound. Always does.

***keeps cool***

Reminds me of the scene from Animal House at the end, when Kevin Bacon is telling everyone to remain calm...

ElfDude · Post by **ElfDude** » Fri Oct 10, 2008 8:51 am

And it reminds me of the scene in It's a Wonderful Life.

Tom: I'll take mine now.

George Bailey: No, but you're thinking this all wrong, as if I had the money back in the safe. The money's not here. Well, your money's in Joe's house. That's right next to yours. And Mrs. Maitland's house and 100 others. You're lending them the money to build and then they are going to pay it back to you as best they can. Now, what are you going to do? Foreclose on them?

Tom: I've got $242 in here and $242 isn't going to break anybody.

George Bailey: Okay, Tom, all right. Here you are, you sign this. You'll get your money in 60 days.

Tom: 60 days?

George Bailey: That's what you agreed to when you bought your share.

Randall: *bursts in through the door* Did you get the money? I did. Old man patter will pay 50 cents on the dollar for every share you got. Cash!

Tom: Well, what do you say?

George Bailey: Well, Tom, you have to stick to your original agreement. Now, give us 60 days on this thing.

Tom: Okay, Randall.

George Bailey: Are you going to Potter --

Tom: Better to get half than nothing.

George Bailey: Wait, wait. Now listen. Now listen to me. I beg of you not to do this thing. If Potter gets a hold of this building and loan, there will never be another decent house built in this town.
He's already got charge of the bank, he's got the bus line, he got the department stores and now he's after us. Why? Well, it's very simple. Because we're cutting in on his business. That's why.

Mr. Potter is Congress, and too many of us are Tom. Who is George Bailey? It certainly isn't McCain or Obama...

CygnusX1 · Post by **CygnusX1** » Fri Oct 10, 2008 9:44 am

Well boys and girls....what do you think is tanking the Dow?

It's people cashing out hedge funds/mutuals and stuffing their mattresses.

Oh it's true. It's damn true.

....I'm standing fast.

Big Blue Owl · Post by **Big Blue Owl** » Fri Oct 10, 2008 10:05 am

I don't want to lose my life savings. I'm nervously standing kinda fast. I've got a large investment in gold. I don't want to have that around the house, but if I have to melt it down and make my own coinage, I will.

YYZ30 · Post by **YYZ30** » Fri Oct 10, 2008 10:06 am

CygnusX1 wrote:Well boys and girls....what do you think is tanking the Dow?

It's people cashing out hedge funds/mutuals and stuffing their mattresses.

Oh it's true. It's damn true.

....I'm standing fast.

And when do we hit bottom?

When the Dow is around a buck three eighty?

Just sayin'

ElfDude · Post by **ElfDude** » Fri Oct 10, 2008 10:11 am

Big Blue Owl wrote: I've got a large investment in gold.

That's probaby wise.

CygnusX1 · Post by **CygnusX1** » Fri Oct 10, 2008 10:41 am

Big Blue Owl wrote:I don't want to lose my life savings. I'm nervously standing kinda fast. I've got a large investment in gold. I don't want to have that around the house, but if I have to melt it down and make my own coinage, I will.

Pardon the pun, but you're "golden" bro.

Keep your eye on the futures though. I think gold is gonna top out soon,
if not already. Gold usually plays opposite the market, doesn't it?

(I'm not in gold...I'm playing the blue chips, S&P 500 and Wells Fargo)

Big Blue Owl · Post by **Big Blue Owl** » Fri Oct 10, 2008 11:50 am

It began as an inheritance and grew from there. Seems to be the safest bet out there. When gold loses value, we're truly boned.

Yeah, gold; she runs the other way o' the market. Here's a cool page with some good info.

http://www.moneymorning.com/2008/06/05/ ... -an-ounce/

Big Blue Owl · Post by **Big Blue Owl** » Mon Oct 13, 2008 6:55 am

Archway Cookie factory suddenly closed in Ohio. Workers arrive for work to locked doors.

http://www.centralohio.com/apps/pbcs.dl ... 40001/1002