Fears of Slowing Growth, 'Finanical Tsunami' Slam Stocks

Drill on the north slope. That will solve everything.

Stocks go up...then down...then up again...its all part of the Game.

To Finance User: Don't explore for more oil or exploit known reserves. Yeah, that will solve everything.

We're not out of the woods yet fellas.

This couple of month ahead until the end of December is the deciding moment we will see how the market will go by then. I suspect the turn around will start in JANUARY 2009..........By then the financial sector will start to position it self in a better shape after consolidating the losses.By then the housing declined was already on the bottom.....Probably in a couple of month there is a lot of Job losses.The real estate and construction sector have reach the platue. The good news is the cost of power will then abating and the cost of oil and gas resources and other material resources will decline too.By then Banking and Insurance and other allied to financial institution will have sufficent capital to boast recovery.Defense sector is in good shape,Techonology especially in Alternative energy will start to accelarate.Tourism, Hotel and Catering Sector will recieve a boast,Care and health sector will have some priority who ever win, so it will received a boast,Export is sound,Manufacturing is sound,Major Drug Manufacturer is in good Shape,Coca cola is in the move,Macdonald will immune to the bad economic effect over-all the economic indicator is far better next year........That is my bet.......This time is a good time to make money in the stock market via index tracker I prerpare the Blue Chip index tracker or blue chip Fund and Smaller Company fund.....All via tracker......good luck......

So what's the surprise? After years of both people and the government spending money we don't have, and going into record debt, we are simply now watching the price that eventually had to be paid. The chickens are finally coming home to roost.

Nothing to worry every thing will be getting better.All economic problem is only part of the cyle.......The next turn is is stabilization...what next ....obvious ....recovery........then boom time again.....Sadly today we are not in the boom time........If you are Market investor be sure to reserve cash for the next recovery time......My time table is Next year..........It will Start in December 2008........It is a sad lonely day ahead to recover.............Smile and make money then......

The lack of any vision on the part of Republicans at the convention to fix the economic problems we are facing has the stock market stalled. If they would just come out with a bold plan to boost the economy (not just give money away for a short term gain) then perhaps we could see a sustained recovery on the market as well as in the economy!

QCOM did not warn! QCOM did not say their markets were slowing here or abroad. QCOM's CEO was taken out of context by Rueters then every other news agency incorrectly piggy backed the story. Later in the day....At a dinner, Qualcomm clarified that comments made by CEO Paul Jacobs that “replacement rates had slowed” were taken out of context. Jacobs was referring to a longer-term trend that Qualcomm has previously spoken of and was not referencing the quarter. Qualcomm also indicated that negative comments from the supply chain (LG and Samsung notably) “could be” echoes of their existing guidance. They continue to view the opportunity in China as“enormous” and the most “near-term” opportunity they see.

here`s the fix. The problem is never `the people`. The problem is always THE SYSTEM. Unless (and until) we fix THE SYSTEM, the same bad things will keep happening, over and over. The fault lies not with the borrowers and the banks who profit from THE SYSTEM, but with our ancestors for letting this SYSTEM get set up, and with ourselves for letting a SYSTEM continue which incentivizes activities that lead to our own destruction. First thing we need for our NEW SYSTEM is our own, debt-free U.S. Government currency, backed by all the real estate within the nation`s borders (of which property the U.S. government is the actual owner...`legal` owners are granted `legal exclusive right of use` by an `actual` owner, valid until such time as the actual owner changes its mind or becomes unable to defend its ownership claim). Since banks will no longer be able to print our new currency to cover their losses, and since we will no longer be dependent upon banks to maintain a flow of credit, banks should become more conservative in their lending and speculation. We should also get rid of FDIC insurance to further encourage such a change. While we are at it, we should replace all income-related taxes with a 1/2% electronic transfer (aka debit) tax which will be avoidable by the use of cash. This will not only rid us of the IRS (saving us the billions of dollars currently spent on `tax reporting`), it will also end the current system`s penalization of work and entrepreneurism, and release for investment purposes untold billions currently spent on `tax avoidance`. This debit tax will not only be more of a tax on wealth than labor and be (arguably) voluntarily-paid, it will also act to discourage excessive short-term market speculation and will raise enough revenue to begin paying off the National Debt, a debt which will no longer be growing once we have switched over to our own debt-free currency. We will also apply any Federal Reserve dollars that are swapped for our new currency toward paying off the National Debt. Since the U.S. government has, by granting `exclusive rights of use`, denied everyone free access to all of its property, and since the U.S. government has not compensated everyone for that `taking`, we should elect a Congress that will pay every legal U.S. resident `Adequate and Equal Just Compensation for Denial of Free Access to U.S. Property`, compensation which WILL FUNCTIONALLY REPLACE ALL FORMS OF PERSONAL AND CORPORATE WELFARE, SUBSIDIES AND BOONDOGGLES, including the rescindance of Federal Minimum Wage laws and a phase-out of the Social Security system. (Once everyone is getting `Denial of Free Access` compensation their whole lives, it would seem arguable that the vast majority of people will be able to save enough to be able to comfortably cease working at some point in their lives.) As a starting point, $1000 per month (of the new, non-Federal-Reserve, non-Debt-Money, as described above) should be paid to every legal adult resident (compensation of minors should, of course, be held `in trust` to avoid incentivizing baby factories). Since everyone gets the same amount, this compensation plan is not wealth redistributive, but will give the least wealthy the biggest advantage (in terms of monthly percentage increase of wealth) and a better chance to `catch up` than the current system that keeps the rich getting relatively richer through good times and bad. Once this NEW SYSTEM gets going, we should expect people in other countries to insist that their governments either emulate our NEW SYSTEM, or else apply for U.S. statehood as The Republic of Texas did in 1845. Benefits of the new system should include better childcare, less poverty, less crime, cheaper government and a safer world. All in favor, help spread the word.

Seems like Bill Gross & Cramer are members of a mutual admiration society. Gross has a hidden agenda where he wants the Fed to bail out FNM. After all he is holding a whole lot of FNM paper. The crux of his argument is true, however the deliverance of his message is flawed and biased. I thought he was above the bar.

This economic misery was brought to you by the Republican Party and their penchant for deregulation and voodoo economics.

Wow, Bill Gross begging for a handout. "Either the taxpayers have to give me money to cover my losses and buy houses for people to artifically prop up prices, or we're all going down!!"

Alan J - you are a psychopath and a threat to the United States.

Wow, Bill Gross begging for a handout. "Either the taxpayers have to give me money to cover my losses and buy houses for people to artifically prop up prices, or we're all going down!!"

What the surprise in a few days if the markets up they will singing a different song. These guys are not telling us any thing with thier bulshit spin, bulshit spin. I could do this job. I am a great bull shitter

lol greedy fools you will get what u got coming

the U.S. economic disaster has been brought to you by the "compassionate conservative" George W. Bush and his evil cabal! america asked for another 4 years of W. and they got it, right up the ol pooper! now we have 4 years of John McBush to look forward to!

"policies that open up the balance sheet of the U.S. Treasury..." yes, that's exactly what the investment and finance clowns want, and the agenda they're pushing scares the hell out of me, and it should you too. We won't just sink a few tug boats and life rafts, we'll sink the whole fleet, everyone goes under together, our inflation takes off, our standard of living drops even further, and the inherent incentives that drives individuals to adhere to fiscal responsibility in a capitalist economy are killed off by a continuing push to socialize losses and privatize gains for those who are too stupid, irresponsible or greedy. Does anyone comprehend what it means and what will happen, when we all bow down to Wall Street, and put handouts and bailouts first on our list, and responsibility last? Just exactly what regulations and rules have been created following the first 2 years of this housing disaster that we knew was coming 3 years ago? Why am I still seeing home equity loan advertisements in the Sunday paper and poster size ads on the front door of banks promoting these cash vehicles in a dropping housing market?

Don't forget the fact that our government writes allof the policies that make the corporate theft possible. Any government which creates laws by which themselves are not bound inevitably results in tyranny!