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Stock Futures -- DOW = -191 Nasdaq = -39.75
CNN Money ^ | 4 June 2010

Posted on 06/04/2010 5:57:59 AM PDT by MeneMeneTekelUpharsin

Stock futures down sharply.

DOW -191

Nasdaq -40.75

S&P - 22.60

(Excerpt) Read more at money.cnn.com ...


TOPICS: Business/Economy
KEYWORDS: markets; stockfutures; wallstreet
It's going to be an interesting day. It appears the government in power is bent on destroying the economy. Can't figure out why because it will result in civil war. Appears to be very foolish.
1 posted on 06/04/2010 5:57:59 AM PDT by MeneMeneTekelUpharsin
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To: MeneMeneTekelUpharsin

You answered your own question.

The original communists used extreme violence.

That failed.

Their replacements, under a dozen guises (Fabians, Progressives, Socialists, etc.) decided “to evolve” the people through indoctrination to make the people ask for Statism.

Well, that is working to a great extent.

But totalitarians despise those that they control, regardless of the touchy-feely BS they use to indoctrinate.

And, in their heart, they want to execute violence on the people to punish them for making them work so hard to gain absolute power. And they want the people to live in abject terror of the State.

If the coming economic collapse results in violence on the street, look for the government to use extreme militaristic power to quell those “uprisings.”

“To save the republic,” you know. Because Obammie the Commie is really the new Abe Lincoln.


2 posted on 06/04/2010 6:02:48 AM PDT by Ghost of Philip Marlowe (Prepare for survival.)
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To: MeneMeneTekelUpharsin

Oh boy.
Here we go again.
Gonna be a another bumpy ride!


3 posted on 06/04/2010 6:03:11 AM PDT by SmokingJoe
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To: MeneMeneTekelUpharsin

The jobs report for May minus the temp census workers will show the job market is not improving.


4 posted on 06/04/2010 6:03:44 AM PDT by randita (Visit keyhouseraces.com for a list of vulnerable DEM and must hold GOP House seats.)
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To: MeneMeneTekelUpharsin

5 posted on 06/04/2010 6:04:18 AM PDT by Bean Counter (Stout hearts...)
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To: Bean Counter

I have an idea:

1. Lets pass a trillion dollar pofs Stimulus Bill that DESTROYS the economy.

2. Lets propose a massive energy tax on everyone.

3. Lets pass a DISASTER health care scam.

4. Lets ban drilling costing LA 20,000 jobs when it needs them most.

5. Lets propose card check and bailouts to the unions.

6. Lets give away TRILLIONS to the corrupt banks.

7. Lets give away billions to bail out the greek homos (Al Sharptons’ words not mine)

8. Lets trash the private sector day in and day every day.

9. Lets claim we are for jobs but bash everyone who creates jobs.

10. Lets spend all day playing basketball, hosting gaudy parties at the WH, watching concerts, beer summits, etc.

11. Call for massive tax hikes in the form of VAT and ending the Bush tax cuts.

12. Pander to illegal aliens all day and night.

Sounds like a great idea no?


6 posted on 06/04/2010 6:06:24 AM PDT by GlockThe Vote
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To: Ghost of Philip Marlowe
If the coming economic collapse results in violence on the street secession, look for the government to use extreme militaristic power to quell those “uprisings states, and for FedGov™ to get their a$$e$ handed to them.”

There, fixed it.

7 posted on 06/04/2010 6:08:32 AM PDT by central_va (I won't be reconstructed, and I do not give a damn.)
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To: GlockThe Vote

8 posted on 06/04/2010 6:08:40 AM PDT by Bean Counter (Stout hearts...)
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To: GlockThe Vote

This is what happens when you blame all the world’s problems on people who are successful. Some ‘successful’ people are predators and/or parasites on society. Several well known politicians, and ambulance chasing attorneys are examples of this. However, most successful people actually got that way by working hard. Punishing them is the same as punishing hard work. Guess what you get when you punish hard work..


9 posted on 06/04/2010 6:13:30 AM PDT by pieceofthepuzzle
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To: pieceofthepuzzle

But we added 600,000 census jobs, and we gained 450,000 overall.

Oh wait. Thats not good news is it?


10 posted on 06/04/2010 6:17:23 AM PDT by Vermont Lt
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To: MeneMeneTekelUpharsin

Obamaman continues his Destruction of the USA...Time for the Young and Able to emigrate...


11 posted on 06/04/2010 6:26:46 AM PDT by billuk1
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To: MeneMeneTekelUpharsin
One should remember that during the Great Depression, unemployment was 25% (overall). However, out of four people, the other three were working. This time, it's probably going to end up with half of the people unemployed. We're going to have riots and/or civil war and it looks like the government is deliberately heading us that way for some reason.

The government will not let us properly educate the youth, either academically or morally. I can not see a good result from any of this. Maybe I am just a pessimist.

12 posted on 06/04/2010 6:27:34 AM PDT by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
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To: billuk1
Time for the Young and Able to emigrate...

Honestly, practically, where? Where is an American going to go where (s)he will be allowed to work?

13 posted on 06/04/2010 6:28:39 AM PDT by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
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To: MeneMeneTekelUpharsin

-150 9:31 AM


14 posted on 06/04/2010 6:32:29 AM PDT by central_va (I won't be reconstructed, and I do not give a damn.)
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To: Ghost of Philip Marlowe

>>Because Obammie the Commie is really the new Abe Lincoln.

So I wasn’t the only one who found it chilling when he tried to claim that mantle...


15 posted on 06/04/2010 6:38:17 AM PDT by oblomov
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To: Vermont Lt

A common repeating theme in politics is that those who are really good at BS’ing people are rarely good at anything else. That’s because it takes a lot of time and effort to be a good BS’er, and it can take years to perfect that skill. I’m not joking. The bottom line is that if you are spending all that time becoming a great BS’er you probably haven’t spent much time learning anything else. That, as much as anything else is why we have so much incompetence in government.


16 posted on 06/04/2010 6:44:58 AM PDT by pieceofthepuzzle
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To: pieceofthepuzzle
Oh, and also because the BS’ers in government start believing their own BS.
17 posted on 06/04/2010 6:46:06 AM PDT by pieceofthepuzzle
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To: oblomov

Military channel had a show on Camp Douglas. No wonder I never heard of it before. The winners write history AND erase things, too.


18 posted on 06/04/2010 6:55:44 AM PDT by ebshumidors ( Marksmanship and YOUR heritage http://www.appleseedinfo.org)
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To: oblomov

Yep. He’s going to save the Republic WTSHTF.

Now, keep in mind, he’s going to “save” the Republic by “transforming” (his word) the Republic. And that “reformed” Republic is going to be the fulfillment of the Statists who expressed and express their desire for global Statism in a publication called, “The New Republic.”


19 posted on 06/04/2010 7:02:32 AM PDT by Ghost of Philip Marlowe (Prepare for survival.)
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To: MeneMeneTekelUpharsin

I would prefer India over China as more of them at least speak English.


20 posted on 06/04/2010 11:57:59 AM PDT by billuk1
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