I never liked this holiday from the start.
Gorging ourselves while people starve!
The amount of waste sickens me.
Like any of us can afford it:
"Stocks Plummet on ‘Ugly Week’ for Investors" by MICHAEL M. GRYNBAUM
A late sell-off sent stock markets down sharply yesterday, with the Dow Jones industrial average closing at its lowest level since April. The plunge came as investors remain frightened and uncertain about a credit crisis that does not show any signs of easing.
“Sentiment just keeps getting more and more bleak,” said James W. Paulsen, chief investment strategist at Wells Capital Management. “This week it’s been all about fear overtaking greed.”
Widespread worries about expensive oil, a sagging dollar and a gloomy outlook for economic growth took a toll on investors, who fled to the safety of relatively stable government bonds.
Oil prices flirted with the symbolic number of $100 a barrel, and markets in Asia and Europe dropped as investors wondered if the United States economy would slow more than expected. And the dollar fell to yet another record low against the euro.
The Dow Jones industrials, off less than 100 points shortly before 3 p.m., finished down 211.10 points, to 12,799.04, a 1.6 percent decline. It was the lowest close since April 19.
Stocks dropped at the opening bell and never made it out of the red. Ailing financial shares were hit again, with the major brokerage firms all recording deep losses.
The yield on Treasuries — a traditional safe haven for investors — hit two-year lows yesterday.
Dennis Davitt, who oversees equity derivative trading for Credit Suisse:
“People don’t know where to put their money at this point, so they’re basically giving it to the government. You’ll pay the government to hold your money because it’s the only place people trust.”
What FOOLS!!!! They trust this BANKRUPT GOVERNMENT to pay them back?
Of course, they will -- by taxing us!
Richers win either way!
And who in the world actually trusts this government?
Mentally-deranged folk?
Stephen Jen, global head of currency strategy at Morgan Stanley in London:
“It’s getting worse..In reality we know things are getting worse, and expectations of the U.S. economy and the credit markets are getting revised down.”
Yeah, they ALWAYS DO THAT after shoveling us happy horseshit!
Can't wait to get into that bird!
How does your shit turkey usually taste, readers?
I'm not kidding.
We eat shit on Thanksgiving, usually out of a bowl.
Can't afford real food 'cause of the mortgage and utilities.
Got ourselves a 22-lb shit bird, though!
Wanna come over for dinner, Amurka?
No Food For You This Thanksgiving
So when you heading over to the soup kitchen?
