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Stock Market plummets 634 points...THANK GOD! — Brooklynian

Stock Market plummets 634 points...THANK GOD!

amishpride
edited November -1 in Brooklyn Politics

Finally the financial establishment is feeling a backlash of grandiose proportion. Perhaps when the inevitable melt down happens the distribution of wealth will finally be complete. You could not believe how many people were glued to the t.v as the stock market plummeted. Being one who refuses to dabble in such matters I will admit that I applauded its demise.

For many years the richer got richer and the poorer got poorer. NOT ANYMORE! Karma is about to hit this country with a passion and I can't wait to see what springs forth after the melt down. I pray that the stock market crashes beyond recovery. Today 634 points, tomorrow 1200 points. Only from the chaos can we start anew.

From the ashes springs forth the phoenix.

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Comments

  • Since countless not-rich-at-all people have their 401ks, IRAs, and pensions that they worked many years to build--and now rely on to survive--are so invested, you might want to pause a moment before you celebrate the current condition of the stock market you've so mindlessly demonized. Furthermore, maybe you're not aware of how it works, but another depression would reduce everyone who's not rich to absolutely nothing, while the rich will be just fine.

    What did millions of Americans do to deserve the kind of "karma" you're hoping for, anyway? The trouble we're in now arose from our bone-headed, self-serving, and ineffectual leadership in Washington, no one else.

  • I DON'T CARE!

    These people gambled on the principle of greed and now they are paying the price.

    Excuse me if I do not shed a tear for them.

    They should have seen the storm coming and prepared. Lord knows I have and that is why I am one of the few cheering the implosion of the stock exchange.

  • Amish Pride, As someone who is about 5-6 years from retirement and is depending on her 401(k) to live out her golden years, I find your comments extremely offensive.

  • people all over the world just lost like a trillion dollars not cool. its not big banks but people!

  • saddest part is the two dumb asses of party, now are blaming each other. Instead of taking it as a cue to work towards a common goal and put aside ideology.

    one steals from the future

    other redistributes from the present.

    one over spends on military crap.

    other spends on old people/poor people.

    yet each doesn't see what they are doing are problems.

    just a generalization but you get what i'm saying. yet voters keep voting in the two clowns year after year like clock work.

  • This post is F'ing RIDICULOUS. clearly, the OP needs to take off their Chinese made Che shirt and educate themselves

  • what does china has to do with this?

    I'm sure the cotton was made here and shirt sewed assembled in china :p.

  • cotton shirts are very soft.

  • most americans think the trade imbalance is one way, its mostly a lie tv talking heads from both sides blame china. made in is old notion. assemble in is more accurate and componnent from etc..

    china only makes a few percent from those products made in china. here is a popular apple product broken down to its parts.

    http://pcic.merage.uci.edu/papers/2011/Value_iPad_iPhone.pdf

  • Barret Strong "Money - That's what I want"

    Pink Floyd's "money"

    Mo Money, mo problems


  • screw money lets live on love and peace man!

    (i hope some hot girls fall for this one :p)

  • This video is helping me practice saying "money" in Mandarin


  • AmishPride said:

    Finally the financial establishment is feeling a backlash of grandiose proportion. Perhaps when the inevitable melt down happens the distribution of wealth will finally be complete. You could not believe how many people were glued to the t.v as the stock market plummeted. Being one who refuses to dabble in such matters I will admit that I applauded its demise.

    For many years the richer got richer and the poorer got poorer. NOT ANYMORE! Karma is about to hit this country with a passion and I can't wait to see what springs forth after the melt down. I pray that the stock market crashes beyond recovery. Today 634 points, tomorrow 1200 points. Only from the chaos can we start anew.

    From the ashes springs forth the phoenix.

    I'm not sure you understand how our society and economic system functions.

    Something about cutting off your nose seems apt here.

    And as said above, I agree with this:

    flynn said:


  • So fatalistic!

    ...we can make this the best thread ever, if we only put our minds to it.

  • How can we work gentrification into this?

  • I bought a blueberry pie from a couple of Amish women on my way through PA. It was very tasty and, at $7, a great value.

    I should have bought two.

  • BG- watch and learn.

    Whyfi-

    You and Homer both love Blueberry pie!

    However, I am sure that blueberry pie was even cheaper, and more tasty, before the nearby PA farmers sold their properties to a developer that participates in urban sprawl (aka "rural gentrification").

    By pursuing their own self interests, the greedy farmers and suburban newcomers are displacing a historically under privileged, marginalized group: The Amish.

    They are also causing people to drive their fuel hogging SUVs near the blueberry bushes, which cause them to be less tasty.

  • Where is "FREE MONEY NOW!@!%$!!" when you need him?

  • Here we go again...the socialistic redistribution of wealth argument. The rich got rich because they invested better, they worked harder or maybe they just inherited it. I do my best, don't have a lot of money but I don't really care about those who do. The fact is...the poor get a hell of a lot that we in the middle class don't get. Shall we start we Medicaid as opposed to the $1200 per MONTH that I pay for my health insurance, or the earned income credit that I never got, etc. Apparently Amish Pride is back in the horse and buggy days and frankly I didn't think anyone who's Amish was allowed to use computers to begin with. Now the Mennonites are but I didn't think the Amish were. Maybe I'm wrong.

  • Why in the world would you think AmishPride is Amish?

    Do you think the person who posts as "God" is anyone's deity?

  • Hi PG!

    We have a long ongoing conversation(s) about poverty and wealth.

    You'll be happy to know that your view that the rich are rich b/c they invest better, work harder or were born with it has been discussed extensively!

    I look forward to your future contributions.

    http://brooklynian.com/forum/brooklyn-politics/what-it-means-to-be-poor-in-the-us

    http://brooklynian.com/forum/brooklyn-politics/american-society-the-poor-the-unemployed

  • Amish Pride on a message board?

    Like much else going on in this country something's not adding up.

  • Cool T. Kid,

    Today I saw an RV on the side of a road in Vermont and out of it meandered what looked to be two Amish people, so maybe there are some rebel Amish on message boards and riding RVs through New England?

  • Tate-

    Their use of RVs is likely able to be blamed on the gentrifiers I mention above.

    They are destroying all cultures.

  • Clearly they're being displaced by gentrifyers like crazy if they're ending up in Vermont. Who gets displaced that far NORTH? I just go east.

  • If this keeps up, we will be blogging about the new pizza place on Ralph Ave, and The Amish will be displacing the good people of Maine.

  • I thought youse guys were up on the news!

    How could you miss the big tragedy upstate where 5 Amish farmers were killed while riding in a van.

    The New York Times, true to its compulsion to cover the bigger story, goes on to talk about the growth of the Amish community in upstate New York.

    Here's the full story:

    http://www.nytimes.com/2011/07/21/nyregion/driver-of-passing-car-charged-in-deaths-of-5-amish-farmers.html?scp=2&sq=amish crash&st=cse

    Seems that a lot of people, especially the young, are figuring out that the mainstream culture is sailing off the edge of the world, as a previous poster to graphically noted.

    I'm sure by now, most sentient beings have come to this conclusion. The difference among them is what they do about it. Most seem content to just distract themselves with Facebook, drinking, drugs and other diversions, including this bulletin board.

  • Capt-

    You are superior to the few of us left on this message board. Thank you for setting us straight.

    P.S. The world is round. One can not sail off the end of it.

  • tateinbk said:

    Cool T. Kid,

    Today I saw an RV on the side of a road in Vermont and out of it meandered what looked to be two Amish people, so maybe there are some rebel Amish on message boards and riding RVs through New England?

    Jumping on for a quick clarification, the distinction between Amish and Mennonite can be difficult to make. Many Mennonite dress in a manner similar to the Amish, but they do drive cars and use cell phones etc...

    Those you saw in the RV were likely Mennonite.

    As you were brave warriors, strike down the bafflingly insidious sock puppetry with mighty banality.

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