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	<title>Comments on: Who&#8217;s responsible for the market roller coaster?</title>
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	<link>http://michellemalkin.com/2008/10/13/whos-responsible-for-the-market-roller-coaster/</link>
	<description>news and commentary from a conservative perspective</description>
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		<title>By: Danceswithdachshunds</title>
		<link>http://michellemalkin.com/2008/10/13/whos-responsible-for-the-market-roller-coaster/comment-page-1/#comment-497790</link>
		<dc:creator>Danceswithdachshunds</dc:creator>
		<pubDate>Tue, 14 Oct 2008 11:50:30 +0000</pubDate>
		<guid isPermaLink="false">http://michellemalkin.com/?p=16837#comment-497790</guid>
		<description>This is exactly what I tried to intimate to my representative John Tierney who emailed me back a complete cock and bull story as to why he flipped his vote from nay to yea on the senate version.  And it was his response to my email  ... thanking him for his nay vote!

I told him the TAIL IS WAGGING THE DOG.

Watching the market response to that initial house vote should have made it clear that investors DO NOT want more government!

Why don&#039;t these morons &#039;get it&#039;??</description>
		<content:encoded><![CDATA[<p>This is exactly what I tried to intimate to my representative John Tierney who emailed me back a complete cock and bull story as to why he flipped his vote from nay to yea on the senate version.  And it was his response to my email  &#8230; thanking him for his nay vote!</p>
<p>I told him the TAIL IS WAGGING THE DOG.</p>
<p>Watching the market response to that initial house vote should have made it clear that investors DO NOT want more government!</p>
<p>Why don&#8217;t these morons &#8216;get it&#8217;??</p>
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		<title>By: zorro</title>
		<link>http://michellemalkin.com/2008/10/13/whos-responsible-for-the-market-roller-coaster/comment-page-1/#comment-497573</link>
		<dc:creator>zorro</dc:creator>
		<pubDate>Tue, 14 Oct 2008 01:08:08 +0000</pubDate>
		<guid isPermaLink="false">http://michellemalkin.com/?p=16837#comment-497573</guid>
		<description>&lt;blockquote&gt;It’s a sobering message...&lt;/blockquote&gt;

May God help us all.</description>
		<content:encoded><![CDATA[<blockquote><p>It’s a sobering message&#8230;</p></blockquote>
<p>May God help us all.</p>
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		<title>By: The Other Bailout Winners&#8230;</title>
		<link>http://michellemalkin.com/2008/10/13/whos-responsible-for-the-market-roller-coaster/comment-page-1/#comment-497205</link>
		<dc:creator>The Other Bailout Winners&#8230;</dc:creator>
		<pubDate>Mon, 13 Oct 2008 20:31:41 +0000</pubDate>
		<guid isPermaLink="false">http://michellemalkin.com/?p=16837#comment-497205</guid>
		<description>[...] economic rescue package as &#8220;corporate welfare,&#8221; and, in part, it certainly is (Its also been a tremdous failure so far, by the way).  The people involved in making, selling, and trafficking these loans should be punished by the [...]</description>
		<content:encoded><![CDATA[<p>[...] economic rescue package as &#8220;corporate welfare,&#8221; and, in part, it certainly is (Its also been a tremdous failure so far, by the way).  The people involved in making, selling, and trafficking these loans should be punished by the [...]</p>
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		<title>By: rommsey</title>
		<link>http://michellemalkin.com/2008/10/13/whos-responsible-for-the-market-roller-coaster/comment-page-1/#comment-497186</link>
		<dc:creator>rommsey</dc:creator>
		<pubDate>Mon, 13 Oct 2008 20:16:13 +0000</pubDate>
		<guid isPermaLink="false">http://michellemalkin.com/?p=16837#comment-497186</guid>
		<description>11% gain today.

Up and down and all around.</description>
		<content:encoded><![CDATA[<p>11% gain today.</p>
<p>Up and down and all around.</p>
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		<title>By: ITookTheRedPill</title>
		<link>http://michellemalkin.com/2008/10/13/whos-responsible-for-the-market-roller-coaster/comment-page-1/#comment-497154</link>
		<dc:creator>ITookTheRedPill</dc:creator>
		<pubDate>Mon, 13 Oct 2008 19:50:26 +0000</pubDate>
		<guid isPermaLink="false">http://michellemalkin.com/?p=16837#comment-497154</guid>
		<description>&lt;blockquote&gt;But then Yasir Arafat was a Nobel Laureate. We are not impressed.
&lt;/blockquote&gt;

...and &lt;strong&gt;Al&lt;/strong&gt; (excuse me while I throw up) &lt;strong&gt;Gore&lt;/strong&gt;...</description>
		<content:encoded><![CDATA[<blockquote><p>But then Yasir Arafat was a Nobel Laureate. We are not impressed.
</p></blockquote>
<p>&#8230;and <strong>Al</strong> (excuse me while I throw up) <strong>Gore</strong>&#8230;</p>
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		<title>By: ITookTheRedPill</title>
		<link>http://michellemalkin.com/2008/10/13/whos-responsible-for-the-market-roller-coaster/comment-page-1/#comment-497152</link>
		<dc:creator>ITookTheRedPill</dc:creator>
		<pubDate>Mon, 13 Oct 2008 19:48:06 +0000</pubDate>
		<guid isPermaLink="false">http://michellemalkin.com/?p=16837#comment-497152</guid>
		<description>&lt;blockquote&gt;We are a few weeks from the elections and as of today, the poll numbers indicate we have our work cut out for us. Americans are angry. VERY ANGRY. The recent bailout controversy has only stirred the seething rage that is bubbling up among taxpayers.

The sad thing about voter anger is that it&#039;s misdirected. While there is plenty of blame and fault to go around for both parties, there really is hard evidence that John McCain tried in vain to get attention focused on the totally absurd lending practices of Fannie Mae and Freddie Mac that are at the heart of the meltdown. Barack Obama is the second highest recipient of political cash from the big bosses of these entities, and one of his economic advisors Franklin Raines took over $90 million in bonuses from Fannie Mae. That&#039;s right---$90 MILLION. Do you really think that Barack Obama will lead &quot;reform&quot; of a system that his advisors have helped create?

His radical views on when life begins and his priority of protecting abortion rights over the right to life for the unborn are beyond most of even the most extreme leftists. His work with ACORN, a radical political organization is especially noteworthy in light of the fact that ACORN received over $760 million in &quot;fees&quot; from banks to help push people into &quot;N.I.N.J.A. loans.&quot; (These are loans made to people with No Income; No Job; and No Assets, thus NINJA loans.)

Imagine Obama as President and Democrats holding majorities in the House and with a possible 60 vote margin Senate.

Goodbye, 2nd amendment rights.

Goodbye, protection for the unborn.

Goodbye, tax breaks.

Goodbye, diligence against state sponsored terrorism from rogue governments like Iran, North Korea, and others.

Goodbye, parental rights as a fundamental right to not be supplanted by the government.

Goodbye, holding traditional marriage as one man, one woman for life.

I&#039;m not ready to accept that.

I want you to join me in the final days to push for Republican candidates, starting with John McCain and Sarah Palin, down to those running for the state legislature to stand for something. Stand for life, for marriage, for the Fair Tax, for our 2nd amendment rights, Fight for the pre-eminent role of mothers and fathers in raising their children, for lower taxes, for controls on government spending, and Demand an end to the disgusting corruption of Washington that led to this massive economic meltdown.

Email or call your friends and family. Share with them what is at stake. Make a contribution to a favorite candidate or support my PAC with a contribution. Volunteer locally.

The stakes are real. The threat to our families growing.

Fighting to the end,

&lt;a href=&quot;http://www.mikehuckabee.com/index.cfm?fa=News.View&amp;News_id=f708aa81-77b8-41b2-b8b1-e5b85d335ee0&quot; rel=&quot;nofollow&quot;&gt;Mike Huckabee&lt;/a&gt;
&lt;/blockquote&gt;</description>
		<content:encoded><![CDATA[<blockquote><p>We are a few weeks from the elections and as of today, the poll numbers indicate we have our work cut out for us. Americans are angry. VERY ANGRY. The recent bailout controversy has only stirred the seething rage that is bubbling up among taxpayers.</p>
<p>The sad thing about voter anger is that it&#8217;s misdirected. While there is plenty of blame and fault to go around for both parties, there really is hard evidence that John McCain tried in vain to get attention focused on the totally absurd lending practices of Fannie Mae and Freddie Mac that are at the heart of the meltdown. Barack Obama is the second highest recipient of political cash from the big bosses of these entities, and one of his economic advisors Franklin Raines took over $90 million in bonuses from Fannie Mae. That&#8217;s right&#8212;$90 MILLION. Do you really think that Barack Obama will lead &#8220;reform&#8221; of a system that his advisors have helped create?</p>
<p>His radical views on when life begins and his priority of protecting abortion rights over the right to life for the unborn are beyond most of even the most extreme leftists. His work with ACORN, a radical political organization is especially noteworthy in light of the fact that ACORN received over $760 million in &#8220;fees&#8221; from banks to help push people into &#8220;N.I.N.J.A. loans.&#8221; (These are loans made to people with No Income; No Job; and No Assets, thus NINJA loans.)</p>
<p>Imagine Obama as President and Democrats holding majorities in the House and with a possible 60 vote margin Senate.</p>
<p>Goodbye, 2nd amendment rights.</p>
<p>Goodbye, protection for the unborn.</p>
<p>Goodbye, tax breaks.</p>
<p>Goodbye, diligence against state sponsored terrorism from rogue governments like Iran, North Korea, and others.</p>
<p>Goodbye, parental rights as a fundamental right to not be supplanted by the government.</p>
<p>Goodbye, holding traditional marriage as one man, one woman for life.</p>
<p>I&#8217;m not ready to accept that.</p>
<p>I want you to join me in the final days to push for Republican candidates, starting with John McCain and Sarah Palin, down to those running for the state legislature to stand for something. Stand for life, for marriage, for the Fair Tax, for our 2nd amendment rights, Fight for the pre-eminent role of mothers and fathers in raising their children, for lower taxes, for controls on government spending, and Demand an end to the disgusting corruption of Washington that led to this massive economic meltdown.</p>
<p>Email or call your friends and family. Share with them what is at stake. Make a contribution to a favorite candidate or support my PAC with a contribution. Volunteer locally.</p>
<p>The stakes are real. The threat to our families growing.</p>
<p>Fighting to the end,</p>
<p><a href="http://www.mikehuckabee.com/index.cfm?fa=News.View&amp;News_id=f708aa81-77b8-41b2-b8b1-e5b85d335ee0" rel="nofollow">Mike Huckabee</a>
</p></blockquote>
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		<title>By: ArizonaNeanderthal</title>
		<link>http://michellemalkin.com/2008/10/13/whos-responsible-for-the-market-roller-coaster/comment-page-1/#comment-497143</link>
		<dc:creator>ArizonaNeanderthal</dc:creator>
		<pubDate>Mon, 13 Oct 2008 19:42:52 +0000</pubDate>
		<guid isPermaLink="false">http://michellemalkin.com/?p=16837#comment-497143</guid>
		<description>&lt;a href=&quot;http://www.post-gazette.com/pg/08287/919582-470.stm?cmpid=elections.xml&quot; rel=&quot;nofollow&quot;&gt;Mr. Obama would consider officially opening combat positions to women.&lt;/a&gt;

That ought to help the economy. Well at least for the women left home. Fat gals could become pole dancers, ugly gals could get dates instead of being correspondents for PBS and the New York Times. Anyone care to follow Lieutenant Michelle Obama into combat?, Madonna, Paris Hilton--all the important ones. Botox Pelosi would command at least a brigade.

But as all will be peace and love under He Who Has Come there will no danger. Democrats never get us into war.</description>
		<content:encoded><![CDATA[<p><a href="http://www.post-gazette.com/pg/08287/919582-470.stm?cmpid=elections.xml" rel="nofollow">Mr. Obama would consider officially opening combat positions to women.</a></p>
<p>That ought to help the economy. Well at least for the women left home. Fat gals could become pole dancers, ugly gals could get dates instead of being correspondents for PBS and the New York Times. Anyone care to follow Lieutenant Michelle Obama into combat?, Madonna, Paris Hilton&#8211;all the important ones. Botox Pelosi would command at least a brigade.</p>
<p>But as all will be peace and love under He Who Has Come there will no danger. Democrats never get us into war.</p>
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		<title>By: Papa Louie</title>
		<link>http://michellemalkin.com/2008/10/13/whos-responsible-for-the-market-roller-coaster/comment-page-1/#comment-497141</link>
		<dc:creator>Papa Louie</dc:creator>
		<pubDate>Mon, 13 Oct 2008 19:42:24 +0000</pubDate>
		<guid isPermaLink="false">http://michellemalkin.com/?p=16837#comment-497141</guid>
		<description>&lt;blockquote&gt;The original Treasury plan — which called for the transfer of virtually unlimited taxpayer dollars and unlimited spending discretion to Treasury with no judicial or congressional oversight — sent a very bad signal to the markets. &lt;/blockquote&gt;Reminds me of a Reagan quote:
&lt;blockquote&gt;Government is like a baby. An alimentary canal with a big appetite at one end and no sense of responsibility at the other.
— Ronald Reagan &lt;/blockquote&gt;</description>
		<content:encoded><![CDATA[<blockquote><p>The original Treasury plan — which called for the transfer of virtually unlimited taxpayer dollars and unlimited spending discretion to Treasury with no judicial or congressional oversight — sent a very bad signal to the markets. </p></blockquote>
<p>Reminds me of a Reagan quote:</p>
<blockquote><p>Government is like a baby. An alimentary canal with a big appetite at one end and no sense of responsibility at the other.<br />
— Ronald Reagan </p></blockquote>
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		<title>By: ArizonaNeanderthal</title>
		<link>http://michellemalkin.com/2008/10/13/whos-responsible-for-the-market-roller-coaster/comment-page-1/#comment-497119</link>
		<dc:creator>ArizonaNeanderthal</dc:creator>
		<pubDate>Mon, 13 Oct 2008 19:27:07 +0000</pubDate>
		<guid isPermaLink="false">http://michellemalkin.com/?p=16837#comment-497119</guid>
		<description>&lt;blockquote&gt;Krugman won the Nobel in Economics. Ask him.&lt;/blockquote&gt;
Krugman the New York Times columist best known for bad mouthing Pesident Bush? Klugman who basically quoted Lester Thurow? That one?

I prefer: Milton Friedman (July 31, 1912 – November 16, 2006) was an &lt;strong&gt;American Nobel Laureate economist&lt;/strong&gt; and public intellectual.He is the one that predicted the Socialist Push and expansion &lt;em&gt;because of&lt;/em&gt; the fall of the Berlin Wall.

But then Yasir Arafat was a Nobel Laureate. We are not impressed.
---
ALCOHOL, TOBACCO AND FIREARMS
Should be a convenience store 
NOT a Government Agency</description>
		<content:encoded><![CDATA[<blockquote><p>Krugman won the Nobel in Economics. Ask him.</p></blockquote>
<p>Krugman the New York Times columist best known for bad mouthing Pesident Bush? Klugman who basically quoted Lester Thurow? That one?</p>
<p>I prefer: Milton Friedman (July 31, 1912 – November 16, 2006) was an <strong>American Nobel Laureate economist</strong> and public intellectual.He is the one that predicted the Socialist Push and expansion <em>because of</em> the fall of the Berlin Wall.</p>
<p>But then Yasir Arafat was a Nobel Laureate. We are not impressed.<br />
&#8212;<br />
ALCOHOL, TOBACCO AND FIREARMS<br />
Should be a convenience store<br />
NOT a Government Agency</p>
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		<title>By: allrsn</title>
		<link>http://michellemalkin.com/2008/10/13/whos-responsible-for-the-market-roller-coaster/comment-page-1/#comment-497061</link>
		<dc:creator>allrsn</dc:creator>
		<pubDate>Mon, 13 Oct 2008 18:43:49 +0000</pubDate>
		<guid isPermaLink="false">http://michellemalkin.com/?p=16837#comment-497061</guid>
		<description>Big daddy gov buys stock in finicial institutions!

Social control? Is it legal for daddy gov to invest in the market?</description>
		<content:encoded><![CDATA[<p>Big daddy gov buys stock in finicial institutions!</p>
<p>Social control? Is it legal for daddy gov to invest in the market?</p>
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		<title>By: rambler</title>
		<link>http://michellemalkin.com/2008/10/13/whos-responsible-for-the-market-roller-coaster/comment-page-1/#comment-496958</link>
		<dc:creator>rambler</dc:creator>
		<pubDate>Mon, 13 Oct 2008 17:48:09 +0000</pubDate>
		<guid isPermaLink="false">http://michellemalkin.com/?p=16837#comment-496958</guid>
		<description>One thing that the income redistribution morons fail to understand is that giving money to people who haven&#039;t learned the skills necessary to earn money will simply waste the money given to them. Giving a mortgage to people who couldn&#039;t afford it was irresponsible. Teaching poor people how to manage money would have been a better plan. Obama&#039;s tax plan just gives out more money which will be spend poorly. He&#039;s part of the problem, not the solution.</description>
		<content:encoded><![CDATA[<p>One thing that the income redistribution morons fail to understand is that giving money to people who haven&#8217;t learned the skills necessary to earn money will simply waste the money given to them. Giving a mortgage to people who couldn&#8217;t afford it was irresponsible. Teaching poor people how to manage money would have been a better plan. Obama&#8217;s tax plan just gives out more money which will be spend poorly. He&#8217;s part of the problem, not the solution.</p>
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		<title>By: Flyoverman</title>
		<link>http://michellemalkin.com/2008/10/13/whos-responsible-for-the-market-roller-coaster/comment-page-1/#comment-496929</link>
		<dc:creator>Flyoverman</dc:creator>
		<pubDate>Mon, 13 Oct 2008 17:33:25 +0000</pubDate>
		<guid isPermaLink="false">http://michellemalkin.com/?p=16837#comment-496929</guid>
		<description>Let&#039;s see.... 535 people, mostly lawyers, think as a giant committee they can maange a cpaitalist economy.

Odds of their being successful?  

See the Senate cafeteria for details.</description>
		<content:encoded><![CDATA[<p>Let&#8217;s see&#8230;. 535 people, mostly lawyers, think as a giant committee they can maange a cpaitalist economy.</p>
<p>Odds of their being successful?  </p>
<p>See the Senate cafeteria for details.</p>
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		<title>By: California Red</title>
		<link>http://michellemalkin.com/2008/10/13/whos-responsible-for-the-market-roller-coaster/comment-page-1/#comment-496874</link>
		<dc:creator>California Red</dc:creator>
		<pubDate>Mon, 13 Oct 2008 17:18:12 +0000</pubDate>
		<guid isPermaLink="false">http://michellemalkin.com/?p=16837#comment-496874</guid>
		<description>Krugman won the Nobel in Economics.  Ask him.


Nobel is a partisan hack group.</description>
		<content:encoded><![CDATA[<p>Krugman won the Nobel in Economics.  Ask him.</p>
<p>Nobel is a partisan hack group.</p>
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		<title>By: Ahh a Lion!</title>
		<link>http://michellemalkin.com/2008/10/13/whos-responsible-for-the-market-roller-coaster/comment-page-1/#comment-496857</link>
		<dc:creator>Ahh a Lion!</dc:creator>
		<pubDate>Mon, 13 Oct 2008 17:13:20 +0000</pubDate>
		<guid isPermaLink="false">http://michellemalkin.com/?p=16837#comment-496857</guid>
		<description>The Federal Reserve deserves most of the blame.  As they set the price of money they influence the risk tolerance of the financial institutions that receive that money.  Capitalism runs on greed, but is balanced by fear, the Federal Reserve removes that fear with a loose monetary policy.  Also, as the Federal Reserve is a private and unaccountable institution that makes a predetermined 10% profit a year, there is no way it can be counted on as &#039;responsible&#039; or &#039;impartial&#039;.  

Government intervention also can remove the fear balance in the market with ridiculous bailouts, agencies, programs, and implied government backstops.  Although, these types of market interventions usually don&#039;t have the same systemic risk as the monetary policy directed through our private central bank.</description>
		<content:encoded><![CDATA[<p>The Federal Reserve deserves most of the blame.  As they set the price of money they influence the risk tolerance of the financial institutions that receive that money.  Capitalism runs on greed, but is balanced by fear, the Federal Reserve removes that fear with a loose monetary policy.  Also, as the Federal Reserve is a private and unaccountable institution that makes a predetermined 10% profit a year, there is no way it can be counted on as &#8216;responsible&#8217; or &#8216;impartial&#8217;.  </p>
<p>Government intervention also can remove the fear balance in the market with ridiculous bailouts, agencies, programs, and implied government backstops.  Although, these types of market interventions usually don&#8217;t have the same systemic risk as the monetary policy directed through our private central bank.</p>
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		<title>By: FamilyMan</title>
		<link>http://michellemalkin.com/2008/10/13/whos-responsible-for-the-market-roller-coaster/comment-page-1/#comment-496844</link>
		<dc:creator>FamilyMan</dc:creator>
		<pubDate>Mon, 13 Oct 2008 17:06:46 +0000</pubDate>
		<guid isPermaLink="false">http://michellemalkin.com/?p=16837#comment-496844</guid>
		<description>pueblo1032 said:
&lt;blockquote&gt;Brings back history, to anyone who studies history&lt;/blockquote&gt; Does anyone study history any more?/ sarc</description>
		<content:encoded><![CDATA[<p>pueblo1032 said:</p>
<blockquote><p>Brings back history, to anyone who studies history</p></blockquote>
<p> Does anyone study history any more?/ sarc</p>
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