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US Stock futures already at -347 points at 5:59am EST.
CNBC ^ | 08/24/15

Posted on 08/24/2015 2:57:20 AM PDT by Enlightened1

click here to read article


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To: Enlightened1

markets may not open at all today... if they do it won’t be for long


61 posted on 08/24/2015 5:13:58 AM PDT by Nep Nep
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To: grania

Think about that statement for a moment. This is America where twelve people out of 300+ million decide what interest rates are. If that’s not central planning then what is?


62 posted on 08/24/2015 5:14:26 AM PDT by 1010RD (First, Do No Harm)
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To: PreciousLiberty
And do not forget Obama’s IRAN DEAL that will allow Iran to sell its oil on the market. How do you think that will effect oil prices/our economy (Chevron, Exxon, Apache, ConocoPhillips, etc.)? In addition to us giving Iran $150 Billion? Oh yeah, Bush's fault.

Rabid morons!

63 posted on 08/24/2015 5:14:33 AM PDT by Chgogal (Obama "hung the SEALs out to dry, basically exposed them like a set of dog balls..." CMH)
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To: jpsb

it already is and I haven’t even finished my first cup of coffee


64 posted on 08/24/2015 5:14:35 AM PDT by Nep Nep
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To: canuck_conservative

“I consider the stock market a game that’s inherently rigged against the little guy.”.....

That’s why the politicians go to Washington as “the little guy’s” and come out multi-millionaires. Crooked bastards, all of them.


65 posted on 08/24/2015 5:16:25 AM PDT by DaveA37
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To: JudyinCanada

Do you pronounce Cahn like ‘con’?


66 posted on 08/24/2015 5:16:55 AM PDT by 1010RD (First, Do No Harm)
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To: Chgogal
"What part of rabid moron do you NOT understand?"

I think I understand the term in all its subtlety...thanks for asking.

"Obama will have added $10 Trillion to the National Debt not to mention Obamacare, Frank-Dodd, EPA executive orders, immigration, etc. Bot you rabid morons blame Bush."

Sure, 0 is worse. Way worse. However, Bush helped pave the way for the 2008 meltdown (with lots of participation from a Dem congress), and signed the TARP bailout. He was certainly part of the problem as far as finances go.

He set himself up for the attendant blame that's been heaped on him ever since.

"How do you think Democrats win? They blame us and you rabid morons agree them. IDIOTS!"

I'll call 'em like I see 'em. Blindly ignoring the bad things the GOP does gets us RINOs and the GOPe. It seems you're a "party line" kind of guy, eh? Voting for Jeb this cycle, are you?

"How do you think Democrats win? They blame us and you rabid morons agree them. IDIOTS!"

Democrats win mainly because 40%+ of the country has been brainwashed - nothing to do with the GOP or criticism of it.

Have a great day, and BTW it might be a good idea to limit your caffeine intake. :-)

(A copy of "How to Make Friends and Influence People" might help too...)

67 posted on 08/24/2015 5:17:07 AM PDT by PreciousLiberty
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To: Chgogal
We are not "bashing our own" when we bash the GOP elite who come begging for votes every election, then backstab us before they even unpack when they get to DC. We're bashing the enemy from within.

If it's Jeb (or a fill in) vs hillary, we've already lost. Do you really thing bashing Jeb or Kasich or Christie or Carly (etc) is "bashing our own"?

68 posted on 08/24/2015 5:17:48 AM PDT by grania
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To: Crazieman; JudyinCanada

A huge NIMBY refinery problem in the Midwest.


69 posted on 08/24/2015 5:18:09 AM PDT by 1010RD (First, Do No Harm)
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To: kanawa

If only we had a Canadian banking system.


70 posted on 08/24/2015 5:18:54 AM PDT by 1010RD (First, Do No Harm)
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To: grania; Chgogal

Just about everything that’s gone wrong started with Teddy Roosevelt. Get your facts right.


71 posted on 08/24/2015 5:20:38 AM PDT by 1010RD (First, Do No Harm)
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To: catfish1957

Impressive returns. What’s the name of your fund?


72 posted on 08/24/2015 5:21:42 AM PDT by 1010RD (First, Do No Harm)
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To: 1010RD
No question it's central planning when the highly secretive appointed Federal Reserve boards sets interest rates and tosses money to the elite with quantitative easing. The system we have is fascism. It's government control, but with connected elitists profiting from its implementation.
73 posted on 08/24/2015 5:22:42 AM PDT by grania
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To: 1010RD

lol yes....say what you will, he saved me a bundle.


74 posted on 08/24/2015 5:24:41 AM PDT by JudyinCanada
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To: Chgogal
"And do not forget Obama’s IRAN DEAL that will allow Iran to sell its oil on the market. How do you think that will effect oil prices/our economy (Chevron, Exxon, Apache, ConocoPhillips, etc.)? In addition to us giving Iran $150 Billion?"

I'm no fan of the Iran deal, but generally speaking low oil prices are great for the economy. You can look Saudi Arabia's way for the main reason oil prices are where they're at right now. You know, nothing whatsoever to do with Iran.

"Oh yeah, Bush's fault."

Here's a brief lesson in something called "logic". When 0bama does something bad, it does not mean that everything Bush did was good. You might want to read that a couple of times so it sinks in.

"Rabid morons!"

I'll grant you that someone around here is acting like a rabid moron...

I'll leave it to other readers to decide who...

75 posted on 08/24/2015 5:25:47 AM PDT by PreciousLiberty
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To: grania

You said,..”GWB got the ball rolling.”

You must be really young and don’t remember how Clinton cooked the books and really got the facade going.


76 posted on 08/24/2015 5:27:21 AM PDT by tired&retired (Blessings)
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To: PreciousLiberty

since the fracking boom, low oil prices are no longer good for the US economy - those jobs were all that were masking the true Greater Depression state of the economy


77 posted on 08/24/2015 5:28:14 AM PDT by Nep Nep
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To: 1010RD
I can live with your statement, although FDR would get more of my ire.

Question: An increase in interest would cause how much of an increase in cost due to our nearly $20 Trillion National Debt? We are locked in a nice box, we are.

78 posted on 08/24/2015 5:28:22 AM PDT by Chgogal (Obama "hung the SEALs out to dry, basically exposed them like a set of dog balls..." CMH)
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To: PreciousLiberty

It was down almost 700 15 minutes ago. This -575 is a bounce !


79 posted on 08/24/2015 5:28:48 AM PDT by oleus
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To: PreciousLiberty
It Is Obama’s Fault you rabid moron. Bush has been out of office for years.
80 posted on 08/24/2015 5:30:24 AM PDT by Chgogal (Obama "hung the SEALs out to dry, basically exposed them like a set of dog balls..." CMH)
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