Comments on: C-R-I-S-I-S: Market Falls Another 440+ Points; Oil Closes Under $50

By: draykup

draykup — Fri, 21 Nov 2008 02:10:13 +0000

akuperma
Obama said he will raise the Capital Gains tax. That means if you take profit on stock sold now, you won’t pay as much tax as you would when Obama is president. That’s why people are selling now, causing the market to go down.

By: mechael

mechael — Fri, 21 Nov 2008 00:25:51 +0000

Maybe this time MOSHIACH really will come!!!! (I’m sure people said it also during the 1929 crash/ensuing depression….which hopefully won’t happen here…)

By: akuperma

akuperma — Thu, 20 Nov 2008 23:44:18 +0000

#2 – Obama, and most Democrats, favor an income tax over a VAT or using a national sales tax. Companies that are losing money, like most of them, do NOT pay income tax since they have no income. Obama could raise the corporate tax rate to 90%, but they would still pay nothing.

Perhaps you’ve been listening to someone on the radio who doesn’t understand economics, and is a sore loser to boot.

By: DaasTorahWtchdg

DaasTorahWtchdg — Thu, 20 Nov 2008 22:27:57 +0000

I agree with # 1.

There’s one “silver lining in this cloud” in that the oil prices are plunging. That means:a) all transportation expenses come within reasonable means; b) heating for the winter will be more affordable; c) air travel will come down in cost; and d) most importatntly, the Arab Muslim murderers are starving.

However, let’s not kid ourselves. This entire world financial market is hemmoraging. Heads of families are nebach losing their sources of income, and mosdos hatorah are facing their most difficult times ever.

Let’s beseech the borei olam, and commit to ONLY follow the daas torah of moreinu v’rabeinu gedolei hatorah, and to SPIT OUT all the anti-toarh sentiments, hashkofos and ideoligies that we have unfortunately allowed to infiltrate into our camp too much. In that z’chus, Hkb”h will help asnd all will be well. And our stock-houses will be filled amply.

By: mayerfreund

mayerfreund — Thu, 20 Nov 2008 22:15:52 +0000

For me it is better low prices. I paid last winter about $4.00 a gallon and when pres. clinton left office I paid .64 a gallon about 6oo% increase. and my income for the same is about 25%. So I say burech hashem and let it go down to be about 25% above from clinton time.

By: mark levin

mark levin — Thu, 20 Nov 2008 22:04:59 +0000

Nothing wrong with oil falling more. Kayn Yirdu.

As for the markets falling, they are just selling off in anticipation of being taxed to death under Obama. Welcome to the Obama Recession.

By: Charles R. Darwin

Charles R. Darwin — Thu, 20 Nov 2008 21:41:08 +0000

I guess lower gas prices are a benefit of the economic crises!