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If we officially changed from a capitalist to a socialist

Posted on 9/19/08 at 9:02 am
Posted by GeneralLee
Member since Aug 2004
13946 posts
Posted on 9/19/08 at 9:02 am
country, would the market still be rallying like this? It's been a long time since I've seen so much "irrational exuberance" on Wall Street.
Posted by Meauxjeaux
102836 posts including my alters
Member since Jun 2005
45835 posts
Posted on 9/19/08 at 9:10 am to
May be.

I think the numbers would be: 46% would celebrate, 42% would inebriate, 12% would have no fricking clue...
Posted by Duke
Dillon, CO
Member since Jan 2008
36439 posts
Posted on 9/19/08 at 1:34 pm to
I'm no expert on these things, but I'm baffled we're going to break even this week. Amazing. Too bad I can't start shorting, because watching this I'm finally willing to pull the trigger with my meager college student funds. Blast...
Posted by Loubacca
sittin on the dock of the bay
Member since Feb 2005
4126 posts
Posted on 9/19/08 at 1:49 pm to
quote:

12% would have no fricking clue...


i think this number should be much higher
Posted by ArkansasDon
Conway, Arkansas
Member since Sep 2008
785 posts
Posted on 9/21/08 at 6:39 pm to
We're "officially" capitalist?


Government providing welfare to big business isn't socialism, its fascism.



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