Comments on: Roubini’s Nightmare Scenario: A Vicious Circle Ending In A Systemic Financial Meltdown

By: denzelb

denzelb — Mon, 19 May 2008 08:02:09 +0000

theft of everything that is not welded to the ground with an electric fence around it is disappearing.

By: Barb Smawley

Barb Smawley — Mon, 17 Mar 2008 01:08:24 +0000

I live in western NC, and see first hand everyday what the Bush/Cheney corporate government/Wall St. greed economy can do for a region. It seems as if we the only entities that matter are the corporate fat cats that are now sucking the Fed dry daily, and leaving the tab to the American people. Does anyone out there understand the dollar is in the toilet , and prices for most goods and services have either doubled or tripled in the last 5 years. The middle-class is evaporating, foreclosures are everywhere , jobs have said good-bye, theft of everything that is not welded to the ground with an electric fence around it is disappearing.

When a nation hands over their heart and soul to Wall St. swindlers, in the name of “Free Markets, ” because the “private sector can do it better” what can we except to reap but mountains of debt.

Funny how the “free market system” depends on the Fed and the taxpayers to keep funding their folly.

By: Don Hawkins

Don Hawkins — Sun, 16 Mar 2008 23:44:33 +0000

Mike do you read your comments as man if you do I would like to know what you think. About ten minutes ago Bloomberg say’s JP Morgan to buy Bear for $2 a share then the fed just lowed interest rates an emergency cut by a quarter point and the fed will take many forms of collateral at the discount window. A cut by the Fed on Sunday, Ok. The futures were up the first few minutes now I see headed South again. You know it’s to bad that most people don’t even know this is going on you know watching a ball game from a store front window.

By: Don Hawkins

Don Hawkins — Sun, 16 Mar 2008 15:01:30 +0000

Let’s go with this. Oil companies, gas, coal and on and on. Do these people who run these companies know the seriousness of climate change, sure they do. There prime directive is to make money for the share holders again in many way’s not real. The people who run these companies have ego’s the size of there bank accounts and even in the face of making this planet in just a few years real fun because of climate change and for my kids and there kids survival is the name of the game it seems that’s Ok in there book. This administration has done nothing, nothing to slow this down and in many way’s helped to speed it up. It’s the change the system part they have a real hard time with as to do what is needed to go after this problem means they have to put themselves out of business or change. Right now what is the Big plan. To get the economy going again and keep the whole thing going the same as before this is where I hear the laughter of the God’s. They don’t get it or they want to go out in style. 85 million barrels a day oil that’s it. What are the cafe standards for 2020 it’s a joke. 14,000 new cars a day in China and on and on. Hard choices there is no other way to do this. This morning on Fox News they had a man on with his book on how to get rich apparently that ego some have blocks out that laughter of the God’s that seems to be getting louder everyday.

By: Don Hawkins

Don Hawkins — Sun, 16 Mar 2008 14:12:11 +0000

DR the only solution is hard choices. Now in order to make those hard choices it means to change the system. Bear Stearns what is it? In simple terms people sitting in front of a computer screen looking at numbers that in many cases are not real looking at charts that are in many cases not real and these people have on those head set’s to talking with other people who are taking those not real numbers and pushing the easy button to make money that is not real except on paper. It’s the not real part that we all see now. It’s time to pay-up. Well pay up with what it’s not real. The money the Fed gave to them where did it come from thin air that’s where it came from. I take that back the air now day’s is thick with CO 2 and a few other gas’s that is another very good reason to change the system.

By: D. R. Munro

D. R. Munro — Sun, 16 Mar 2008 13:34:53 +0000

The best solution that can be arrived at is to print MORE money?!

Gee . . .

By: Don Hawkins

Don Hawkins — Sun, 16 Mar 2008 13:21:21 +0000

Greg Palast just wrote some stuff it’s the second one down from Mike’s. Read that and think about what Mike and Greg said. The games these people play with each other maybe fun for them, you know ego games but not good for much else. Stuck on stupid doesn’t began to explain it. When Mike wrote his stuff it looks like it was before Bear Stearns was bailed out by the Fed. The very people who played this game with a good part of people in American to make all that money get bailed out because they are to big to fail, What. I need some coffee I just woke up.

By: Don Hawkins

Don Hawkins — Sat, 15 Mar 2008 20:24:47 +0000

Hooray could be heard from the floor of the exchange as the news came that Spitzer was in trouble. The fascinating part is I think many on Wall Street thought this would solve all there problems. Right, kind of like corn to solve this little energy problem and who came up with that idea? Many of the same people Greg talked about. It’s for the good of the Nation. Well golly gee it sure seems to me stuck on stupid is America’s greatest resource. Yes I said stuck on stupid shocking isn’t it.

By: A reader

A reader — Sat, 15 Mar 2008 15:29:12 +0000

<> Where is this number from? Are you sure it is right or you may lose your credit of your article.