Gothamist: Hello, Bear Market

Karen

Thu, 03 Jul 2008 20:55:24 -0500

Yeah, a good investment would be in porn. And booze. And guns. After all, all of us bitter poor folks take refuge in sex, booze, and violence. And, since we also take refuge in religion, if churches start selling shares... Seriously, I'm thinking of getting some GM stock. On the chance that it will go up, if they ever get an electric car on the market.

Bottomless Chips

Thu, 03 Jul 2008 16:15:10 -0500

#1 then that means more inflation. I love the transfer of wealth! Kidding.

edEx

Thu, 03 Jul 2008 10:01:37 -0500

#4 Shinobi Shaw: it's a bit late to invest in some of those futures. gold especially.

edEx

Thu, 03 Jul 2008 10:00:32 -0500

Thank you Cheney Family.

Think twice

Thu, 03 Jul 2008 08:58:27 -0500

Re: [3] "#1 then that means more inflation." (Sarcasm off) Even though Bottomless Chips was being sarcastic, I thank you for elaborating it to the uninitiated reader.

Kojak

Wed, 02 Jul 2008 20:13:46 -0500

To Quote Avenue Q: "In volatile market, only stable investment is porn!" Trekkie Monster

Karen

Wed, 02 Jul 2008 19:58:21 -0500

GM and all the other car companies knew 30 years ago, that they had to come up with cars and trucks that were more fuel efficient, even ones that ran on something other than gas. They could have started developing an electric car that would run as far on a charge as one today runs on a tank of gas. Don't tell me, that in 30 years, they couldn't have come up with a battery that would run such a car, that would be small, efficient, and cheap to make. I mean, look at cell phones and calculators when they came out-look at how cheap and small a lot of them are now. The car companies could have gone in cahoots with electric companies, could have developed wind and solar power farms, could have shifted the monopoly on power-including political power-from the oil companies to the electric companies. Ok, so there'd still be a monopoly, but it'd be better for the environment, and would have bolstered manufacturing in the USA. You'd think the electric companies would have jumped at the chance. There is still oil out there, to drill. The problem is, increasingly, it is getting harder and harder to get to. Say we start drilling in ANWR. The oil companies will keep the price of oil high, using as excuses, the oil is at the top of the world-there's nothing there, no support buildings for workers, there's no roads to get equipment there, there's a pipeline to be built from there to the refineries, no one will want to work there so we have to pay top dollar to attract good workers who won't want to leave 5 minutes after they get there...there'll always be an excuse to keep oil prices high, now that the oil companies-and the government-have seen how we will still pay the inflated prices for gas, diesel, and heating oil. They have us by the short hairs, and we aren't all that interested, it seems, in pulling away. Now. If I, a mere factory worker, can see all this, in fact, could see it coming, whats wrong with DC and Motown?

Shinobi Shaw

Wed, 02 Jul 2008 18:50:27 -0500

Invest in commodities! Gold, Silver, Copper, Sugar, Food .....

Shinobi Shaw

Wed, 02 Jul 2008 18:48:57 -0500

#1 then that means more inflation. They should abolish the Fed permanently, the Fed is the problem.

plk779

Wed, 02 Jul 2008 18:22:15 -0500

one of the commenters over at wonkette recommended investing in liquor. and y'know, that's really not a bad idea.

Bottomless Chips

Wed, 02 Jul 2008 17:42:21 -0500

Don't worry: The Fed will print more money for them.