Posted on 08/08/2011 11:28:07 AM PDT by therightliveswithus
UPDATE: Dow down 460 at 2:00 est.
The Dow Jones Industrial Average is taking a beating as President Obama continues to speak. Towards the beginning of his speech, the index was down 375 points. As I write now it is down 450. Obama's blaming of everyone else and trotting out the same old "solutions" are not helping.
The S&P average is down a total of 5% on the day. The NASDAQ is also down 5% on the day. This is becoming a run. We need leadership now.
In addition, between the time he announced the speech and gave it, the Dow fell another 100 points.
He has that effect on people and things.
I find nothing wrong with referring to the down grade as the “Tea Party Down Grade” because it is exactly what the Tea Party predicted if debt and spending weren’t drastically cut.
The Dow Jones it racist.
Is anyone framilar with the story of King Ludwig (Mad Ludwig) of Bavaria in the 1800s.
Is anyone framilar with the story of King Ludwig (Mad Ludwig) of Bavaria in the 1800s.
Becoming a run? On the 21st of July the stock market was at 12700.
It’s now dropped 1.6k in 3 weeks. Averaging losses of 100 points/day.
Reported too early. Wait until the full impact of the blather is digested. And, REALLY just wait until Wednesday. This a dress rehearsal for the Wednesday markets.
My stomach drops every time FUBO speaks. My blood pressure goes up and I start swearing. Is this a normal reaction?
The nearly 70 dollar jump in gold.
Dow down nearly 500.
ObamaGeddon
THANKS LIBTARDS!!!
You voted for someone whose father was not American.
He cannot even legally hold office!
A natural born American is the child of 2 Americans and is also born on US soil.
OBAMA THE USURPER
Dems too stupid to vote.
I vistited his castles in 2008.
Nice digs!
That's not out of line with everything else.
Home prices fell back to 2003 and 2004 prices at the beginning of the earlier part of the Great Obama Recession and they're now up to 2006 in most of the more stable areas (not CA, FL, NV, AZ).
Looks more like a correction than anything else ~ but I really would like to see 2011 PULL OUT AHEAD of 2005 (if you get my drift).
Is anyone framilar with the story of King Ludwig (Mad Ludwig) of Bavaria in the 1800s.
Why? Does Someone need to go for a midnight boat ride?
Soros the short seller invested wisely in the DNC and Obama.
Both drive the value of things down.
Well they must have read the speech now, it’s down just short of 500, now.
Oops 530, now
535
540
548
584
600
DOW down 560 now...
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