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Bad link.

Posted by Sirkowski | September 15, 2008 1:56 PM

we'll all be crying soon.

Posted by wa mu customer | September 15, 2008 1:59 PM

Link worked for, poor woman. I think it's a woman.

Posted by Leslie N. | September 15, 2008 1:59 PM

500 points is nothing. The Dow dropped 500 points in October 1987, which at the time was a 20% drop.

However, it is no coincidence that the idiot "free-market" Republicans that have refused to conduct any meaningful oversight of Wall Street are responsible for the debacle in the financial markets.

Pretty soon, even rich people are going to figure out that they are better off with Democrats in charge. How difficult can it be to compare 8 years under Clinton with 8 years under Bush??

Posted by kk | September 15, 2008 2:01 PM

Thanks to drudge for trying to make a big deal out of a correction. What the fuck does he want? Another government bailout?

We should just buy all the companies in America and let Pelosi run them.

Posted by Mr. Poe | September 15, 2008 2:03 PM

So this what McSame means by the economy is in great shape.

Posted by Sad Comment | September 15, 2008 2:06 PM

um -- Mr. Poe @5? have *you* been the source of all the right wing trolling (not mention ecce homo) all this time? wow

Posted by bluh? | September 15, 2008 2:08 PM

@7, Mr. Poe is not now, nor has he ever been, a troll. Please make a note of it.

Posted by Jubilation T. Cornball | September 15, 2008 2:11 PM

I'm not John Bailo, if that's what you're asking. But yes. Some of them are mine. It's called "fun," and I'm having it.

Posted by Mr. Poe | September 15, 2008 2:11 PM

@9 ah ha ha ha, I feel stupid for not catching on before now. sorry for pointing out what I guess what obvious to the other two (three) slog posters

as you were

Posted by bluh? | September 15, 2008 2:13 PM
Posted by Cheshire | September 15, 2008 2:14 PM

You should feel sorry.

Posted by Mr. Poe | September 15, 2008 2:15 PM

@4: tying mccain to this debacle in the minds of low-or-no-information voters (the only remaining undecideds) is nigh on impossible. too complex. sarah too pretty.

Posted by max solomon | September 15, 2008 2:17 PM

I still contend, even more strongly after closely watching the market and the media coverage today, that the market is being purposefully manipulated right now. The timing of announcements, the language of the headlines and articles. The question is, why? What outcome is this ship being steered toward?

One hand, democratic backers playing out an "our country is fucked" scenario to guarantee Obama's win. Once Obama is in office the markets correct to validate his election. (Jimmy Carter...hostages...)

Other hand, republican backers purposefully driving the markets at the moment with a recovery and "good news" slant waiting in the wings closer to election time so the last image in voters minds before the election is that the republicans "fixed" the financial crisis.

Posted by PopTart | September 15, 2008 2:20 PM

i'm glad i took all of my money out of the stock market and into my wamu free checking account.

Posted by jrrrl | September 15, 2008 2:20 PM

jk's i don't have any money :~(

Posted by jrrrl | September 15, 2008 2:20 PM


That's because you're liberal and fiscally retarded.

Posted by not Mr. Poe | September 15, 2008 2:23 PM

@15 & @16: ZOMGLOL

Posted by Original Monique | September 15, 2008 2:26 PM

Correction? This wipes out what few gains remain from the entire Bush administration. For a guy who's supposedly saving the investor class from disaster, Bush isn't really rocking the house with that annual 0% return. You'd get a better rate in a passbook account. Pathetic.

But then, counter to what you might expect, the stock market under Democrats ALWAYS performs better than under Republicans.

Posted by Fnarf | September 15, 2008 2:31 PM

Well, one political angle on this that might matter to older voters especially: McCain supports "private accounts" for diverting, whoops I mean "investing" public Social Security funds into the stock market. Not only did he support it when Bush tried to push it through the first time, but it's part of his current plan to "reform" Social Security.

So somebody might ask what would've happened to everybody's retirement plans if the GOP had gotten their way and those people had all invested their money in the very same hedge funds that we are now finding are made of thin air.

Obviously "low information" voters won't care about this -- they are too busy scratching their crotch with an empty Cheetos bag to follow such logic. But some older voters on fixed incomes and soon-to-be-retired baby boomers might care.

Posted by flamingbanjo | September 15, 2008 2:33 PM


I thought it was obvious I simply forgot to change my handle. Please don't take me seriously.

Posted by Mr. Poe | September 15, 2008 2:34 PM

Just crying? Weak. Show me people jumping out of tall buildings.

Posted by Crying? weak. | September 15, 2008 2:34 PM

See, this is what happens when you have too much government red-tape and nanny state over-regulation.


Posted by Tiktok | September 15, 2008 2:35 PM

I am disappointed. That person might be crying or might just be rubbing her temples out of stress. I would like to see an actual crying person, please.

Posted by Julie in Chicago | September 15, 2008 2:37 PM

BORING!! Call me when it falls 5000 points in a day. Until then, cover some real news, like some of the human interest shit that the PI or the Times or King 5 will cover. Perhaps, a lady in town who is struggling with a yeast infection but with the help of her neighbors in Montlake she overcame the infection and learned a little more about herself.

Posted by Cato the Younger Younger | September 15, 2008 2:39 PM


Posted by Bellevue Ave | September 15, 2008 2:42 PM


Yeast - hell - hot news is a new strain of jock itch.

Perilous, needing hands on therapy, Poe to the rescue!!!

Posted by Al | September 15, 2008 3:16 PM

Sad for most people. Of course, if you sold financials short, were short on calls, and long on puts, shorts, and ultrashorts, you made a damn fortune today.

Fucked up, no?

Posted by Gitai | September 15, 2008 3:23 PM


Of course the market's being manipulated.

That's what a market IS.

Posted by GK | September 15, 2008 3:30 PM

Gitai, it pays to pay attention. And fortune isn't quite the right word depending on initial investment; even if you had shorted Lehman all the way to the bottom, you'd only have almost doubled your money.

Posted by Bellevue Ave | September 15, 2008 3:31 PM

oh please GK, cynical much? I suggest everyone take a microecon class to understand what "markets" are

Posted by Bellevue Ave | September 15, 2008 3:32 PM

Wow, I wish I had some dollars to invest right about now.

Posted by CP | September 15, 2008 7:59 PM

Since I had a lot in Nintendo and P&G, which are both way up, it's a buying opportunity.

But for 99 percent of America, your debt level per person has just DOUBLED, thanks to Bush/McCain.

Posted by Will in Seattle | September 16, 2008 12:21 AM

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