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CNN Government Cheerleader freaking out

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CNN Government Cheerleader freaking out

Unread postby jasonraymondson » Fri 10 Oct 2008, 08:49:46

http://money.cnn.com/

Watch the video news on there right now, not sure who the bald guy is, but every time I have ever seen him before over the last month has been a guy who was always positive and now he is freaking out.
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Re: CNN Government Cheerleader freaking out

Unread postby Roy » Fri 10 Oct 2008, 09:06:23

asd
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Re: CNN Government Cheerleader freaking out

Unread postby Heineken » Fri 10 Oct 2008, 09:07:38

Despite the blaring headlines, the news media clearly does not know how to cope with this. It doesn't fit their brain engrams or policies.

CBS, NBC, and ABC (the only channels I can get on TV) continue to fill large amounts of news airtime with irrelevant reports. The world is blowing up and they're still wasting huge amounts of airtime on fluff stuff like "Person of the Week."
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Re: CNN Government Cheerleader freaking out

Unread postby dinopello » Fri 10 Oct 2008, 09:13:43

Some hottie on MSNBC just said something that made me and my roomate burst into laughter. Let's see if I can get close to a quote -

"The good news, analysts say is that along with the previous declines, the latest 20% drop over the last few days means that the market is beginning to move toward the bottom".

Really, though - everyone I think pay way too much attention to the stock market. Why not just reset it to zero ? I'd lose a bundle but it's just numbers.
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Re: CNN Government Cheerleader freaking out

Unread postby Duende » Fri 10 Oct 2008, 11:47:44

$this->bbcode_second_pass_quote('dinopello', '"')The good news, analysts say is that along with the previous declines, the latest 20% drop over the last few days means that the market is beginning to move toward the bottom".

That's like being stabbed in the neck and saying "it's really starting to gush now, death is imminent. Let's get this over with already!"

Wow. The level of desperation to pretend nothing's wrong is incredible. DENIAL. And as for Ali Velshi: he's the biggest cheerleader CNN has to offer. So optimistic in the face of doom it is kinda sad.
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Re: CNN Government Cheerleader freaking out

Unread postby Arsenal » Fri 10 Oct 2008, 11:48:17

The only thing and they keep saying on Fox News is that the bright spot is lower gas prices. Over and over again. It sounds like they are trying to get the sheeple's mind off the market.
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Re: CNN Government Cheerleader freaking out

Unread postby Madpaddy » Fri 10 Oct 2008, 11:57:19

Most people are in denial. I work with some large building contractors. Their line is - "it's not too bad we have work until Christmas."

Normally, their books would be filled till July 2009 by now but maybe Santa will drop a large contract for a new port and beach facilities at the North Pole in their laps just in time for Christmas day.
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Re: CNN Government Cheerleader freaking out

Unread postby Madpaddy » Fri 10 Oct 2008, 11:58:44

$this->bbcode_second_pass_quote('Arsenal', 'T')he only thing and they keep saying on Fox News is that the bright spot is lower gas prices. Over and over again. It sounds like they are trying to get the sheeple's mind off the market.

A war would also do nicely about now. I would hate to be in Iran.
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Re: CNN Government Cheerleader freaking out

Unread postby eastbay » Fri 10 Oct 2008, 12:06:04

$this->bbcode_second_pass_quote('Madpaddy', 'M')ost people are in denial. I work with some large building contractors. Their line is - "it's not too bad we have work until Christmas." Normally, their books would be filled till July 2009 by now but maybe Santa will drop a large contract for a new port and beach facilities at the North Pole in their laps just in time for Christmas day.

Close relatives of mine run a larger masonry company in the Northwest. After January they have nothing. Nothing. Family of mine... at risk of losing their homes. My wife and I will be delivering food boxes to them. Maybe paying some of their bills. But not forever.

I mentioned this elsewhere but, the local car dealers are laying off all but essential staff. One part-time lot boy instead of three. Half the sales staff. No sales in two weeks. If nothing sells he loses his house. This will be harsh on many. :cry:
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Re: CNN Government Cheerleader freaking out

Unread postby Heineken » Fri 10 Oct 2008, 13:14:14

My companion is at risk of losing his job, which was previously considered quite secure. He works in education for the state, which just announced big cutbacks in funding. People are already being laid off in other departments than his.

A huge wave of unemployment will lead to a huge new wave in house foreclosures. Nobody's talking about that.
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Re: CNN Government Cheerleader freaking out

Unread postby emeraldg40 » Fri 10 Oct 2008, 16:50:49

$this->bbcode_second_pass_quote('Heineken', 'M')y companion is at risk of losing his job, which was previously considered quite secure. He works in education for the state, which just announced big cutbacks in funding. People are already being laid off in other departments than his.
A huge wave of unemployment will lead to a huge new wave in house foreclosures. Nobody's talking about that.

Wow. I've got 3 words for them. Get into healthcare. Anywhere, janitor etc. Man. This is bad.
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Re: CNN Government Cheerleader freaking out

Unread postby Starvid » Fri 10 Oct 2008, 17:46:05

$this->bbcode_second_pass_quote('emeraldg40', '')$this->bbcode_second_pass_quote('Heineken', 'M')y companion is at risk of losing his job, which was previously considered quite secure. He works in education for the state, which just announced big cutbacks in funding. People are already being laid off in other departments than his.
A huge wave of unemployment will lead to a huge new wave in house foreclosures. Nobody's talking about that.
Wow. I've got 3 words for them. Get into healthcare. Anywhere, janitor etc. Man. This is bad.

Healthcare?

Come on.

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Re: CNN Government Cheerleader freaking out

Unread postby Denny » Fri 10 Oct 2008, 18:59:26

$this->bbcode_second_pass_quote('jasonraymondson', '[')url=http://money.cnn.com/]CNN[/url] Watch the video news on there right now, not sure who the bald guy is, but every time I have ever seen him before over the last month has been a guy who was always positive and now he is freaking out.

I am guessing Ali has a serious chunk of his own money in the market. Maybe he has reached his personal breaking point.
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Re: CNN Government Cheerleader freaking out

Unread postby TreebeardsUncle » Fri 10 Oct 2008, 21:02:55

Well, that dip to 7800 this morning could have been the bottom.
The federal government is going to back up some of the banks and guarantee interbank loans, right? That should help shore things up.
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Re: CNN Government Cheerleader freaking out

Unread postby Zardoz » Fri 10 Oct 2008, 21:17:19

$this->bbcode_second_pass_quote('Arsenal', 'T')he only thing and they keep saying on Fox News is that the bright spot is lower gas prices. Over and over again. It sounds like they are trying to get the sheeple's mind off the market.

Of course. They're the media arm of the Republican party. The financial /economic/market catastrophe is the worst possible thing that could happen, at the worst possible time, to any party that is in power. Fox News wouldn't mention it all if they could get away with it.

The timing is impossibly bad for the GOP, and incredibly good for the Democrats. McCain has no chance now. All further campaigning is a waste of time and money.
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Re: CNN Government Cheerleader freaking out

Unread postby Roy » Sat 11 Oct 2008, 07:39:42

Last edited by Roy on Sun 12 Oct 2008, 09:50:27, edited 1 time in total.
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Re: CNN Government Cheerleader freaking out

Unread postby pedalling_faster » Sat 11 Oct 2008, 08:46:50

$this->bbcode_second_pass_quote('Zardoz', 'T')he timing is impossibly bad for the GOP, and incredibly good for the Democrats. McCain has no chance now.

except for the small but important detail about where Obama was born. it appears that he actually was born in Kenya, then his mother got on a plane & flew back to Hawaii. the birth cert. showing his "birth in Hawaii" has a 2006 date code, i.e. it was produced recently.

i don't know if this is the result of someone's Swift-boating (i'm planning to vote for Obama or Cynthia McKinney) but it appears credible.
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