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FACTBOX-U.S. stocks in presidential election weeks (worst stock decline ever!)
Reuters ^ | Fri Nov 7, 2008 | Reuters

Posted on 11/07/2008 3:08:22 PM PST by mwilli20

... since Election Day, major U.S. indexes are down more than 7 percent. For the Dow Jones industrial average and Standard & Poor's 500 that represents the worst ever ...

(Excerpt) Read more at reuters.com ...


TOPICS: Business/Economy; Extended News; News/Current Events; Politics/Elections
KEYWORDS: bho2008; djia; economy; elections; obama; wallstreet
Change has already come...
1 posted on 11/07/2008 3:08:22 PM PST by mwilli20
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To: mwilli20

And there’s going to be a lot more where that comes from.


2 posted on 11/07/2008 3:09:05 PM PST by anniegetyourgun
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To: mwilli20

The Obama Crash. No more bailouts for Wall Streeters who backed this phony. Let them all go bust.


3 posted on 11/07/2008 3:11:00 PM PST by kittymyrib
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To: kittymyrib

bkmk


4 posted on 11/07/2008 3:33:10 PM PST by padre35 (Sarah Palin is the one we've been waiting for..Rom 10.10..)
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To: mwilli20

If this drop had taken place after a McCain/Palin victory, how would the media be playing it?

They wouldn’t be couching the debate at all. They would have banner headlines, “Nation Shows Unmistakable Concern for McCain/Palin’s ability to deal with the nation’s problems.

It will be interesting to see what happens next week. I think the market should rebound a bit, but we’ll see.

Obama may come to regret trying so hard to put himself in this position. As he has already acknowledged, this isn’t going to be easy. And in time, he is the one who will be responsible when his big plans don’t pan out, and the economy stays south due to his Marxist leanings.


5 posted on 11/07/2008 3:37:34 PM PST by DoughtyOne (Okay lefties... the problem with wanting something, is that you sometimes get it. Good luck now!)
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To: DoughtyOne
The REAL test comes next,Christmas shopping season is about to begin!We`ll see how the market responds to a sluggish or flat holiday shopping season.You want to negatively impact the Obummer administration?Don`t buy new,try your best to be frugal or buy used,e-bay,Craig`slist,yard sales,classifieds.
6 posted on 11/07/2008 4:15:17 PM PST by nomad
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To: nomad

Extra frugal for me!


7 posted on 11/07/2008 4:35:24 PM PST by Pikachu_Dad
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To: nomad

Thanks Nomad. I may have made a comment that made it look like I want the economy to tank, but that would only hurt many innocent workers. I would rather see folks show some confidence in our nation and keep businesses and neighbors working.

I’m not happy about what is going on right now, but even though I understand where you are coming from with those comments, I don’t think it would be a good idea to join you.

Take care bud.


8 posted on 11/07/2008 4:41:11 PM PST by DoughtyOne (Okay lefties... the problem with wanting something, is that you sometimes get it. Good luck now!)
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To: DoughtyOne
No problem,we agree to disagree.Remember that many of the people that would be impacted the worst are the very retail shmucks who voted for "Change",so I say give it to them,in spades!

I know,many say that the Lame Stream Media will try to pin it on the "Bush legacy" but I say that will be minimal due to the remarkable short attention span of the very sheeple who are stupid enough to fall for this blather.

In two years all these nitwits will remember is they`re tired of the economy,I can hear them already,"this aint cool,fix it,fix it now!",the altimate downfall of the rats will be their very legacy,generation whYnee

9 posted on 11/07/2008 5:37:58 PM PST by nomad
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To: nomad

Thanks Nomad. I agree with your comments on Bush’s legacy.

The left hated his guts, so he would never have a legacy with them. Their image of him was so tarnished that just about anything he could be blamed for couldn’t possibly add any more ill feeling towards him.

As for Obammi, I think you’ve nailed it. No matter what he does, the DU crowd will call him too much of an Uncle Tom.

It may get very bad there.

I am reminded of that lady from last week who was reveling in the fact that she wouldn’t have to make car or house payments any more. Someone give that broad Obama’s private email addy... ;-)


10 posted on 11/07/2008 5:42:35 PM PST by DoughtyOne (Okay lefties... the problem with wanting something, is that you sometimes get it. Good luck now!)
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To: DoughtyOne
Thats the very reason why we must do this.If the economy really tanks,it won`t take long for the sheeple to turn on their messiah.Remember that in their pop-culture,Lame Stream,30 second attention span,reality dominated TV world the economy has been bad for years now and I think they`re too whiny and impatient to wait any longer.Instant gratification is their greatest weakness.
11 posted on 11/07/2008 6:24:45 PM PST by nomad
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To: nomad
And unrealistic promises is Obummer`s.
12 posted on 11/07/2008 6:25:55 PM PST by nomad
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To: nomad

> Don`t buy new,try your best to be frugal or buy used,e-bay,Craig`slist,yard sales,classifieds.

Does that apply to firearms and ammo, as well?


13 posted on 11/07/2008 6:27:40 PM PST by XEHRpa
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To: XEHRpa
Depends on your state.Some don`t track private citizen to citizen long arm sales and many don`t keep track of ammo sales when done at a gun show.No paper trails to make things ugly if/when the commies come for your 2nd amendment.
14 posted on 11/07/2008 6:35:29 PM PST by nomad
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To: mwilli20

Hope Change Hope Change

Pray for W, Saracuda and Our Troops


15 posted on 11/07/2008 6:41:11 PM PST by bray (Rezko = Obama)
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To: nomad

I gave my comment with humor intended, but I appreciate your very informative reply. I recently acquired my first firearm, a Remington 12-gauge. And now my wife wants me to get a handgun. I feel like I’m in heaven.


16 posted on 11/07/2008 7:45:41 PM PST by XEHRpa
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To: nomad

I agree, but do you really want to see your kids out of work, losing their home, and the life they have worked hard to build? I don’t want to wish this on anyone.


17 posted on 11/07/2008 10:07:30 PM PST by DoughtyOne (Okay lefties... the problem with wanting something, is that you sometimes get it. Good luck now!)
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To: DoughtyOne

We are facing a stacked deck.If we are to turn this around before the light of freedom is permanantly extinguished,we must act now and rapidly.The last few days of market reaction is hard even for the lame stream media to ignore and its now officially (at least in the minds of the sheeple) occurring of their messiah`s watch.Remember his press conference?Office of the president elect my @ss!


18 posted on 11/08/2008 4:03:43 AM PST by nomad
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To: nomad

While he talked the other day, the market went down 100 points.

I agree with your comments.


19 posted on 11/09/2008 9:08:49 AM PST by DoughtyOne (Okay lefties... the problem with wanting something, is that you sometimes get it. Good luck now!)
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