Here’s the better example for you:

Nikkei Dec 1989 40,000
Nikkei Nov 2008 8,700 8,260

progressoverpeace on November 12, 2008 at 2:35 PM

Updated.

Having said that, there’s a reason why your Boss is you Boss. Don’t quit your, er, scrap that…

The really strange thing about this whole situation is that NO ONE outside of the SEC and Fed Res Bank seemed to have any idea there was a crises until they started screaming there was a crises.
I’m kinda a news junkie, and there was NO ONE talking about it.
Romeo13 on November 12, 2008 at 6:37 PM

The socialist press has been predicting this mess for awhile. I’ve been out of the market since Dow 12,500.

But of course no one here would be caught dead reading commie rags.

The economy is in the toilet Paulson has his hand on the handle

driver on November 12, 2008 at 3:28 PM

Hank Paulson,Warren Buffet, George Soros and Barack Obama all need to go to prison for this monumental scam.

SaintOlaf on November 12, 2008 at 5:58 PM

You really missed a few people.
I must mention them
Lets start with Barney Frank, Nancy Pelosi, and that other jackass Harry Reid. These morons made the Sub-Prime lending crisis possible, which led to the bailout. Obama’s got that idiot woman on his cabinet, Penny Pritzker, she is also cordially invited to club fed.

No more of this vile crap
I am a republican and i am saying this is Bullshit..

Its time americans the entire system is about to collapse

if i were you i would be preparing for a civil war.
Against the dems and republicans.
ALL of them need to be thrown out by force

Are they stinking insane….

this is a LIE simple as that

The dems screwed the pooch on the subprime loans
and started the first forest fire.
Then the republican appointed fire cheif comes in
and says give me 700 billion and i will put the fire out.

Instead the Asswipe goes out and spends 150 billion for GAS to pour on the Inferno and now pelozi not to be outdone
want to buy the auto industy so when the fire is out they can pave the charred remains and turn our own country into a vast parking lot full of Dumb Voters who ALL will end up working for the FEDS..

This is Insanity.. period and ALL members of congress and the treasury are guilty of
Lying, cheating, stealing , fraud, and for the dems add on TREASON on top of that..

http://prepareforwar.blogspot.com/

Let them fail, you moron, we should have NEVER started with this bullshit and Chrysler the FIRST time around with Lee I’llacroakya. Guess what, they’ll survive, guess what part 2, we’ll survive.

Just fu#@king stop!!!!!

I’m kinda a news junkie, and there was NO ONE talking about it.

Then they say they need 700 billion to buy of those bad assets, so they can get them off bank books… Congress does it… but they then use that money to BUY EQUITY in the Banks themselves? Socializing the Banking industry?

When if it was a liquidity crises, the Fed Bank already HAD the power to inject money into the system, as the “Lender of Last Resort”…

Face it folks, the Socialists have handed us a Fait Acompli… there is NO way the companies are ever going to be able to buy back all that Stock…

OK… wait a sec… just hit me… who owns all this preffered stock? SEC? Fed Res Bank? or in other words… who is going to have the power to vote that stock?

“What luck! The Evil One, Bush, has already hooked the nation’s largest industries on government handouts. We won’t even have to take the fall for that if this thing doesn’t lead to a big Circle of Hope.”

“Industries are already lining up for to turn over part of their ownership to the government. American Express, the card you have to pay off every month? They want a LOAN. HAHHAHAHA!!”

“Maybe we’ll require all employees of any firm that takes government loans to send their employees to our mandatory civil defence training. Between that and card check, we’ll have all industry unionized by year 3. Then we can begin the nationalization of those industries, after the inevitable business failures caused by the increased expenses.”

(Reading “The Creature from Jekyll Island“, and it obvious struck a subconscious chord.)

Will they please send me $60 million?

I’ll give them my Paypal ID if that helps.

I guaranteed to creature at least 60 jobs, increase the tax base, invest in the future, promote renewables, recycle everything, be a good steward of the environment, and set up 10 full college scholarships for students to work on hydrogen technology for energy independence.

Doesn’t that sound better than the vapid crap that the money has been going to so far?

Profitsbeard, LLC?

For America’s Strength!

ldbgcoleman on November 12, 2008 at 4:59 PM

I did the same thing and saved a small fortune. I might as well make out like a bandit while the rest of you dummies wipe your arses with the constitution in return for promises of sunshine and rainbows.

Pillocks.

I’m always entertained by the anecdotal evidence people offer to show that the credit markets are fine and healthy — the fact that their brother-in-law’s best friend joe just bought a new car, or that they were able to get a mortgage. Guys, the small potatoes credit markets were never in jeopardy. Big time loans for major corporations are what the commercial paper market is all about. Companies don’t realized profits immediately and so they have floating debt to cover until they can “ship their orders” or whatever the mechanism is where they realize their profits. If the ability to float debt goes away, large companies can’t operate.

Love being able to quote myself.