Comments on: When Titans Fall http://emac.blogs.foxbusiness.com/2008/09/15/when-titans-fall/ Fri, 20 Nov 2009 19:57:36 -0500 http://wordpress.org/?v=2.8.5.2 hourly 1 By: athmanathan http://emac.blogs.foxbusiness.com/2008/09/15/when-titans-fall/comment-page-1/#comment-3233 athmanathan Wed, 17 Sep 2008 13:01:29 +0000 http://emac.blogs.foxbusiness.com/?p=171#comment-3233 We, in the third world, are surprised at the scams coming one after another from the largest financial system to boast of in the richest nation, who till recently had no compunction in telling their lesser brethren to listen to their advice in all matters. Now that is pass. It is high time the dollar is devalued by the Fed. We, in the third world, are surprised at the scams coming one after another from the largest financial system to boast of in the richest nation, who till recently had no compunction in telling their lesser brethren to listen to their advice in all matters. Now that is pass. It is high time the dollar is devalued by the Fed.

]]> By: Leslie Wing http://emac.blogs.foxbusiness.com/2008/09/15/when-titans-fall/comment-page-1/#comment-3209 Leslie Wing Tue, 16 Sep 2008 14:22:24 +0000 http://emac.blogs.foxbusiness.com/?p=171#comment-3209 How much of these struggling financial institutions are owned by foreign investors? Who are they and what are their political ties? Please address this issue. How much of these struggling financial institutions are owned by foreign investors? Who are they and what are their political ties? Please address this issue.

]]> By: Rebecca http://emac.blogs.foxbusiness.com/2008/09/15/when-titans-fall/comment-page-1/#comment-3207 Rebecca Tue, 16 Sep 2008 12:50:24 +0000 http://emac.blogs.foxbusiness.com/?p=171#comment-3207 The one thing I don't understand in all this, is that Cavuto said only 2 to 3% of housing mortgages were in default. If only 2 to 3% were in default, how is this leading to such a meltdown in the financial world? Why isn't it solvent enough if 98% of us are not defaulting on our loans? The only way to get us out of this mess is to do away with our current tax structure. Go to fair tax for both individuals and companies. If we were to get rid of taxes, especially for companies, all those companies that moved their resources overseas (China, India, etc.) would come back and bring along others. Why this isn't happening, heaven only knows. The one thing I don’t understand in all this, is that Cavuto said only 2 to 3% of housing mortgages were in default. If only 2 to 3% were in default, how is this leading to such a meltdown in the financial world? Why isn’t it solvent enough if 98% of us are not defaulting on our loans?

The only way to get us out of this mess is to do away with our current tax structure. Go to fair tax for both individuals and companies. If we were to get rid of taxes, especially for companies, all those companies that moved their resources overseas (China, India, etc.) would come back and bring along others. Why this isn’t happening, heaven only knows.

]]> By: Jenn in Wisc. http://emac.blogs.foxbusiness.com/2008/09/15/when-titans-fall/comment-page-1/#comment-3202 Jenn in Wisc. Mon, 15 Sep 2008 21:23:58 +0000 http://emac.blogs.foxbusiness.com/?p=171#comment-3202 Liz, Has a Dow componment ever actually failed while still on the Dow? Also, how soon could any of the 30 components be changed? Would something be done at the end of the third quarter? Liz,

Has a Dow componment ever actually failed while still on the Dow?

Also, how soon could any of the 30 components be changed? Would something be done at the end of the third quarter?

]]> By: Korb http://emac.blogs.foxbusiness.com/2008/09/15/when-titans-fall/comment-page-1/#comment-3201 Korb Mon, 15 Sep 2008 20:25:42 +0000 http://emac.blogs.foxbusiness.com/?p=171#comment-3201 does anyone remember the repeal of the Glass-Steagall Act? 1999 Clinton. His legacy still hurting us. does anyone remember the repeal of the Glass-Steagall Act? 1999 Clinton. His legacy still hurting us.

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