The Dow touched 10,000...

[HomoSexualPredator]

Originally Posted by david austin

The individual companies cap lost during tech crash doesnt really factor... Companies are placed and replaced all the time.

The overall metric is pointing to the fact that growth isnt really being achieved as a whole even though the market going higher leads us to believe so.

Oh, I don't think anyone thinks we're actually in a growth position. I just wondered if we're still in a hole that started back quite a bit earlier. I'm guessing you are saying yes....

[FarangBa]

Yay, the Dow touches 10,000 again! What does that mean??
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I don't know because the past 3 months have seen the HIGHEST rate of foreclosures in the history of the United States.

I don't know because the Unemployment Rate is over 9% and rising.

I don't know because March 25, 1929 there was a major correction in the market that eventually went away.. Until the huge spike in September 1929.

I don't know because the stock market was doing great in September 1929... until October 24th, 25th, 29th & 30th of 1929. That would be the real beginning of the Great Depression.

I don't know because there are way too many people who do not know history. Start with: "The Forgotten Man" by Amity Shlaes.

[FarangBa]

Calif. bank becomes 99th in US to be shut in 2009

NEW YORK (AP) - Regulators shut down San Joaquin Bank in California on Friday, marking the 99th failure this year of a federally insured bank.
The Federal Deposit Insurance Corp. was appointed receiver of San Joaquin Bank, based in Bakersfield, Calif. It had $775 million in assets and $631 million in deposits as of Sept. 29.
The FDIC said the bank's deposits will be assumed by Citizens Business Bank, based in Ontario, Calif. Its five branches will reopen Monday as branches of Citizens Business Bank.
San Joaquin Bank's failure is expected to cost the FDIC's insurance fund $103 million.

[DataBass]

Oh no! Not San Joaquin Bank!!!!!!!!

[J. Fees]

I don't know because there are way too many people who do not know history. Start with: "The Forgotten Man" by Amity Shlaes.

google john birch society and joe mccarthy.

[claydoh]

Originally Posted by Hey Bubu

forget the money and learn to grow your own food, at least fix and mend your old clothes and keep a can opener handy. Pass the beans.

"likes this"

[FarangBa]

Originally Posted by J. Fees

google john birch society and joe mccarthy.

Ok, I didn't learn anything new. Surely you're not insinuating that I think the Russians are coming? Just to clarify, I don't.