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The Second Obama Stock Market Crash? How Will MSNBC Report This Story Tonight?

Posted on 05/06/2010 11:57:44 AM PDT by JohnThune2012

The Greek Way Of Spending Tax Payers Money Is A Mirror Image Of What Our Democratic Leaders Have Been Doing For 15 Months Now!! How Will Pelosi, Reid, Obama And MSNBC Explain Their Way Out Of This Debacle? {Being they are using the same economic policies of Greece}


TOPICS: Campaign News; Issues; Parties; U.S. Congress
KEYWORDS: bho44; bhodjia; democrats; economy; fifth100days; newsblackout; obama
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To: JohnThune2012

Greece obviously needs to drastically raise ALL of their taxes.


21 posted on 05/06/2010 12:07:57 PM PDT by mowowie
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To: Yo-Yo
Well 2%#$!!........back not too many years ago..384 pts in any direction was a VERY HUGE deal. It's not that big a deal anymore.......

That said....it's good for traders that are nimble.

22 posted on 05/06/2010 12:08:34 PM PDT by Osage Orange (Si vis pacem, para bellum)
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To: screaminsunshine
I'd guess that....and traders. And maybe some value players....
23 posted on 05/06/2010 12:09:48 PM PDT by Osage Orange (Si vis pacem, para bellum)
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To: JohnThune2012

24 posted on 05/06/2010 12:09:57 PM PDT by Diogenesis (Article IV - Section 4 - The United States Â… shall protect each of them against Invasion)
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To: TexasNative2000
The story will not be about how much the market fell - it will be about how much the market recovered after hitting bottom.

You nailed it.

25 posted on 05/06/2010 12:10:07 PM PDT by BOBTHENAILER (EPA will rule your life)
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To: Yo-Yo

Nice little bounceback. Wonder what tomorrow will bring?


26 posted on 05/06/2010 12:10:17 PM PDT by Zeddicus
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To: Zeddicus

PPT is working overtime today.


27 posted on 05/06/2010 12:10:45 PM PDT by dfwgator
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To: JohnThune2012
Geithner is curled into a fetal position under his desk rocking back and forth, mumbling to himself: “TARP, it'll work, TARP, it'll work, it'll work, it'll work, TARP, must call George, must call George, where's George for G_d’s sake!”.
28 posted on 05/06/2010 12:11:12 PM PDT by throwback ( The object of opening the mind, as of opening the mouth, is to shut it again on something solid)
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To: JohnThune2012

BO/BS will issue an Executive Order taking the stock market to stabilize it.


29 posted on 05/06/2010 12:11:25 PM PDT by Man50D (Fair Tax, you earn it, you keep it! www.FairTaxNation.com)
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To: Osage Orange

Plunge Protection Team. The Market is a hoax. Controlled by government.


30 posted on 05/06/2010 12:12:03 PM PDT by screaminsunshine (S)
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To: throwback
On things for certain, a temporary fall by 800+ pts will make retail investors think long and hard about returning to the market!

Not good for the brokerage firms who make their living on small investors.

31 posted on 05/06/2010 12:13:45 PM PDT by SonOfDarkSkies (Vera Baker rumors--The Obama White House solution to imminent 'himbo' eruptions!)
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To: SonOfDarkSkies
Obama will blame Greece!

And he'll blame banks and capitalism and maybe the tea party people...

32 posted on 05/06/2010 12:14:07 PM PDT by GOPJ ("Draw Mohammad Day" - - May 20, 2010 - Draw for freedom - draw for your children's freedom.)
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To: screaminsunshine

Whatever


33 posted on 05/06/2010 12:14:16 PM PDT by Osage Orange (Si vis pacem, para bellum)
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To: screaminsunshine

Had the 900 point plunge happened at 3:30, there would have been no time to recover.


34 posted on 05/06/2010 12:15:00 PM PDT by jersey117
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To: JohnThune2012
I don't think this will turn into a big crash. Lots of profit taking, sure. The big one will come if Republicans don't take back Congress. If they take Congress, and stabilize spending, the market can totter along between 9000 and 11,000 for a few more years, until some bills come due. If they don't act on those bills, then a systemic problem will arise, but that is years down the road.

If Dems hold Congress, then all bets are off. Time to take your chips and cash in.

35 posted on 05/06/2010 12:15:18 PM PDT by Defiant (At what point will average Democrats say their leaders have gone too far? Is there any limit?)
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To: SonOfDarkSkies

I am watching Dylan Ratigan attempting to explain this crisis on MSNBC,,,and NOT ANY MENTION OF THE OBAMA ECONOMIC POLICY,,he is only blaming Greece!! Not even a comparison to what Obama is doing with our tax dollars!


36 posted on 05/06/2010 12:16:53 PM PDT by JohnThune2012
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To: SonOfDarkSkies

Dylan Ratigan stated just moments ago that Capitalism has to go. Massive corporate corruption in Greece and USA can not be allowed to continue (paraphrased). Our masters in Washington are pleased.


37 posted on 05/06/2010 12:17:13 PM PDT by JimSEA ("A deeply, deeply troubled individual" per WJC)
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To: JohnThune2012

yahoo news reported that the DOW was down 998.5 points, then jumped back by +500. Sounds like an auto-trigger for the FED to buy at -1000.


38 posted on 05/06/2010 12:17:25 PM PDT by broken_arrow1 (I regret that I have but one life to give for my country - Nathan Hale "Patriot")
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To: JohnThune2012

39 posted on 05/06/2010 12:19:43 PM PDT by MichaelAsher54
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To: SonOfDarkSkies
That's a fact. Funny when it crossed 11k I was giving some thought to moving another big chunk of my 401k from equities into stable asset. I moved a chunk in the fall of ‘08 before that big drop. Thought 11k was the magic number. Was thinking it would hang till October though. Uh, probably wrong on that thought.
40 posted on 05/06/2010 12:21:17 PM PDT by throwback ( The object of opening the mind, as of opening the mouth, is to shut it again on something solid)
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