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Stocks end wild session mixed, Dow falls 128

Go ahead and ignore all the kool-aid drinkers who are under orders to blame everything on Bush ... when it comes to blame on the side of government for this financial problem you can look almost entirely at the Democrat leadership in congress. The warning bells were sounded years ago and they chose to ignore them in their never-ending pandering quest to buy votes. Failed eight years? Try failed decades of horrible leadership by Democrats in congress.

Hey Democrats ... thanks for nothing.

I just saw on one of those business shows that the last time greedy CEOs and "asleep at the wheel Federal Regulators" caused such a swoon in the Dow was in 2000. Gee, who was the president then?

Oh yeah, Bill Clinton.

Thanks, Chris Dodd and Barney Frank, for doing such a great job chairing our Senate and House Finance/Banking Committees. How much did you two get from Fannie and Freddie again in campaign contributions?

Why are these two not in prison???

Look Out Below

A picture hangs in our home of George Washington kneeling beside his white horse, painted by Arnold Friberg, entitled THE PRAYER AT VALLEY FORGE. Below it reads: I consider it an indispensable duty to close this last solemn act of my official life by commending the interests of our dearest country to the protection of Almighty God and those who have the superintending of them into His Holy keeping. Signed: George Washington.
May we too give mighty thanks to our maker for the blessing we have of living in this wonderful country, and may we give thanks to those who lead with sincerety and honesty, and pray for all.
Scriptures state that people will prosper only if they obey the commandments of God. A great leader, in speaking about: Abortion: "An Assault on the Defenseless", recently said: "Individuals will prosper only when they walk in faith and obedience to God."

Just wait. You know they're going to say it... Before long, the news will be filled with stories about how bad it would have been had we not injected over a trillion dollars into the markets. (The total of all of the bailouts, investments, etc. is now over a trillion dollars)

Hooray....everyone keep panicking please. Because every time you freak out and sell for a loss, someone (like me) makes a bunch of money.

There's one born every minute.....

I was lucky to sell everything and move to T-bills already in late August. Today I sold 10% of my T-s and bought into a value fund. All the money ($3-4 trillion) that central banks have pumped has to go somewhere, and I can't be the only one who believes we are at near bottom and there a bargains to be had.

I could smell that a problem was coming (tho I had no idea how bad) because I just don't trust Bush to handle complicated problems. After Rumsfeld, I also don't trust him to make good appointments to the Cabinet=Paulson, Benranke.

Utah needs to wake up, Republican ideas are exhausted.

The Republicans have been in power for most of my adult life.

Only a partisan hack, with no respect for this country, and dead set on "winning" over the safety of their family, would blame this mess on democratic principles.

I have never seen such tax and spend (make that, borrow and spend) policies like these fat Republican politicians that litter our White House and halls of Congress.

I want to go back to liberal tax and spend policies where we are just making sure a grandmother doesn't have to eat cat food, instead of dumping $1 trillion in a vanity war for George Bush and his friends.

Yeah, i want to tax AND spend....so a a child going to the ER with an infection can get treated instead of lose a limb.

isn't that terrible?

The conservative principles of George Bush and his gang of thieves have ruined this country. And those of you who support him will be asked to answer for it, if not by your maker, than by your grandchildren.

I moved out of the market over a year ago. The result is that my 401k hasn't been hurt at all by this. Had I stayed in I would have lost 40% of it by now.

This is what deregulation has brought us. Welcome to the end of the Reagan Revolution.

Republican or democrat, they all follow the beat of the same drum: special interests who pay their lobbyists to push our government where they will. Vote your conscience but unless those you vote for also have a strong grasp on right and wrong and consciences to follow decent and morally right choices things will not change or get better.

Thanks Bill Clinton

t is interesting to note that when the law was passed for people to get tax exempt money every two years on the sale of their home, which drove the prices of homes up, up, up thus over inflating the economy setting us up for failure was a well known president in 1998.... BILL CLINTON.

Yep, the ripple effect is hitting today REAL HARD, and people want another dumbocrat in office? You're kidding me, right?

Why are we "Blaming" Democrats and Republicans? The fact is we are in a huge mess and working together as AMERICANS, not Democrats or Republicans will fix the problem. Adding Pork to a 700 billion dollar bill to make it a 800 billion dollar bill to get votes is greedy and not looking out for America, it's a "What's in it for me" attitude! This is so sad, it will get worse because Trust in Banks and the Markets is so low. Nobody knows which banks actually are ok, and which aren't. I think by the time this is done you will see the worst drop in the history of the markets EVER! We are waiting for that to happen, then this "Joe Sixpack" Family will invest in the market with it's 401K again rather than leave it in safe house investments. Dear Anonymous 9:27 a.m., you don't have a clue what you are talking about, G.W.Bush had some of the best Economic years of America AFTER HIS TAX CUTS! Growth in America was at an ALL TIME HIGH! Revenues were at an ALL TIME HIGH!!! I won't blame who is to blame, just hope we fix this mess!

After all is said and done on this matter, the real question is. . .

Who's going the sit around and pout about this thing and finger point and do the blame game; OR who's going to make a grundle of money???

Be smart!!!!!!!

Hey doom and gloom buddies. The trick on Wallstreet is to buy low and sell high. Guess what, right now is low, so its time to buy. If you bought high, don't sell now. This isn't rocket science. The biggest issue is to not panic if you already own stocks because those who panic will lose.

The SEC is responsible. They suspended short trading on some 800 financial stocks in September until Oct 2. And look what happened! It would have been better if they did nothing at all.

I agree with the earlier poster - if you want to keep on selling low, go for it. I'll just keep on buying it up.

What a bunch of sheep!

I am a Realtor and I am selling homes right now that "were" for sale for 1.5 million dollars but are selling today for $500,000. Those hose will someday be back to the 1.5 million.

Hello complainers. The smart people are buying right now.

If you snooze you L........

Who controls the power of the veto? Bush Jr. Who left the presidency with annual surpluses? Who paid down the national debt that was stacked by Reagan and Bush Sr? Clinton!!!!!!!!!
Who was in control of the congress for the first six years of the Bush Jr. administration, giving him unchecked power to run huge deficit spending? Republicans!!!!!!!!!!
What is causing this problem? Debt, Debt Debt!!!!!!!!
Blame who you want, but the facts are still the same. Bush And Republicans are ultimatly responsible!!!!!!!!!

Most of the Democratic Platform consists of promising benefits that will cost already burdened taxpayers aplenty. There's no mention of how these extravagant handouts will be paid for. For example, the Democratic Platform enthusiastically endorses the incredibly extravagant worldwide handouts in the bill sponsored by Barack Obama called "the U.S. Millennium Development Goals, which aim to cut extreme poverty in half by 2015." The Platform promises to "double our annual investment in meeting these challenges to $50 billion by 2012." The Democrats say "we need stronger international institutions." So, their Platform promises to "create a $2 billion Global Education Fund with the goal of supporting a free, quality, basic education for every child in the world." The Democratic Platform is full of proposals to raid the pockets of John Q. Taxpayer and reduce the American standard of living. This includes "an economy-wide cap and trade program," a plan to "reduce oil consumption by at least 35 percent, or ten million barrels per day, by 2030," and designing legislation based on the belief that "global climate change is the planet's greatest threat." McCain and Sarah is who we want in Office. Obama caused this in the first place.