Well there goes all the headway made up earlier this week.
DOW now down 438 points.

"May you live in interesting times." Quite the appropriate curse these days.


The company where I work has a pretty cool CEO. She sends out regular "letters from the road;" the latest version discussed decisions that the company had made in its posture before this crisis started to unfold. It's nice to see that there are at least some companies that took intelligent approaches to their financing and are now in a position to weather this storm.

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522 now...

minus 663

Yep. My CEO did the same thing. Purged unnecessary inventories, phased out old technology, and invested in the future with our surpluses.

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Is our children learning? -George W. Bush

"I think—tide turning—see, as I remember—I was raised in the desert, but tides kind of—it's easy to see a tide turn—did I say those words?"—Washington, D.C., June 14, 2006

"[T]he illiteracy level of our children are appalling."—Washington, D.C., Jan. 23, 2004

What do expect? an orderly and logical increase of exactly 10% per year? Face it. Investing in equities is risky business. And as the disclaimers say: You may lose money. However, the risk you take in the stock market is a compensated risk - over time you are compensated for the risk by a potentially higher return than "riskless assets" offer. IF you want a garauntee buy a Treasury bond!

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I can picture in my mind a world without war, a world without hate. And I can picture us attacking that world, because they'd never expect it.

If you want a guarantee, invest in a company that's "too big to fail."

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yes we are planning to build another plant and spend on infrastructure to be ready for the up turn.

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"The captain has turned off the `No Dubbing' sign. You are free to speak any language you choose."

Even those can go negative in a depression.

The face value can, yes. But the coupon rate is the same for the life of the bond. Of course there is the mattress.....

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I can picture in my mind a world without war, a world without hate. And I can picture us attacking that world, because they'd never expect it.

my father uses coffee cans in the backyard....no shit.

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"The captain has turned off the `No Dubbing' sign. You are free to speak any language you choose."

I need his home address and the best time to visit when he is not home......

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I can picture in my mind a world without war, a world without hate. And I can picture us attacking that world, because they'd never expect it.

Of course, burying the stash of cash does not protect againts inflation. The $1 buried in 1970 would fill a car with a tank of gas, dig it up 40 years later and it buys a quart or so.

My dad's father hid money in the basement, down in the space inside the concrete block walls. After he passed away, pop spent a day or two looking for it, it was never found. This stash depreciated to $0.

You have to spend money to earn money.

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Since when did conservatives want the government interfering with people's lives?

http://www.petitiononline.com/mod_perl/signed.cgi?equlity

By the way, the house is near 38th and Sherman Avenue in Milwaukee, WI - just in case anyone is interested in looking for themselves.