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Markets tumble as banking fears spread across Europe(Markets panic as crunch hits Europe )
Times of London ^ | 10/06/08 | Philippe Naughton

Posted on 10/06/2008 6:45:04 AM PDT by TigerLikesRooster

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1 posted on 10/06/2008 6:45:04 AM PDT by TigerLikesRooster
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To: TigerLikesRooster; Uncle Ike; RSmithOpt; jiggyboy; 2banana; Travis McGee; OwenKellogg; 31R1O; ...

Ping!


2 posted on 10/06/2008 6:45:35 AM PDT by TigerLikesRooster (kim jong-il, chia head, ppogri, In Grim Reaper we trust)
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To: TigerLikesRooster

When the dust settles...a 20-25% minimum shrink back in the global economies.


3 posted on 10/06/2008 6:47:22 AM PDT by RSmithOpt (Liberalism: Highway to Hell)
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To: TigerLikesRooster

We have one, and only one, presidential candidate to thank for this: McBama.


4 posted on 10/06/2008 6:47:50 AM PDT by Captain Kirk
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To: TigerLikesRooster
Both Gordon Brown and Alistair Darling, the Chancellor, who is keen to avoid a similar blanket guarantee, were working the phones. Mr Brown discussed the crisis with President Sarkozy of France this morning and was due to talk with Angela Merkel, the German Chancellor, later today to clarify Germany's plans.

Germany is still stunned by Hitler. I think they are incapable of making any plans until they get over their "problem" and realize that freedom is a God given gift, not some socialistic norm to be ignored when circumstances dictate.

5 posted on 10/06/2008 6:48:49 AM PDT by mlocher (USA is a sovereign nation)
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To: TigerLikesRooster
Pelosi, Reid and Franks have just announced a new bailout plan.

"We feel that Europe needs our help and we are putting together a new bailout package to help them," Pelosi said this morning at a news conference.

"We cannot allow Germans, Irishmen, Frenchmen and all the others who have been victimized by the mortgage industry to lose their homes," Reid added. "This Congress will not rest until their homes are secure."

6 posted on 10/06/2008 6:49:39 AM PDT by raybbr (You think it's bad now - wait till the anchor babies start to vote!)
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To: TigerLikesRooster

What? Didn’t the rest of the world get the news that the U.S. executive and legislative branches of our government (a.k.a. the taxpayers) are going to save the world with that $850 billion “rescue” plan? /sarc


7 posted on 10/06/2008 6:50:17 AM PDT by WorkinMan (CW=S [corporate welfare = socialism])
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To: mlocher
I think they are incapable of making any plans until they get over their "problem" and realize that freedom is a God given gift, not some socialistic norm to be ignored when circumstances dictate.

I believe our "representatives" have the same difficulty.

8 posted on 10/06/2008 6:54:01 AM PDT by tnlibertarian
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To: TigerLikesRooster

the bailout is working folks....thank your local politicians....


9 posted on 10/06/2008 6:55:26 AM PDT by tatsinfla
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To: raybbr
Pelosi, Reid and Franks have just announced a new bailout plan.

You forgot to aid to this list their allies Bush and McCain. Both never met a socialist billionaire bailout plan that they didn't like.

10 posted on 10/06/2008 6:56:38 AM PDT by Captain Kirk
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To: WorkinMan

Of course, you know what the “official” pro-bailout defense will be. “It would have been even worse without the bailout.” Yeah, right.


11 posted on 10/06/2008 6:58:00 AM PDT by Captain Kirk
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To: tnlibertarian
I believe our "representatives" have the same difficulty.

I agree with you. I could discuss how the dem portion try to promote "heaven on earth" while declaring there is no god, but I will not bore you with the details.

12 posted on 10/06/2008 6:58:17 AM PDT by mlocher (USA is a sovereign nation)
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To: raybbr

There will be a major revolt in the USA if this happen!

Where were these “allies” when we needed them in the UN or NATO?

Fix your own problems EU! You should have thought twice before uniting and going to the Euro. IMHO, you can’t even unite much less win an economic war.


13 posted on 10/06/2008 7:01:00 AM PDT by not2worry (WHAT GOES AROUND COMES AROUND)
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To: TigerLikesRooster

Yes, greedy hands all over the world outstretched for their piece of the bailout pie.


14 posted on 10/06/2008 7:04:03 AM PDT by Lent
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To: Captain Kirk
"Of course, you know what the “official” pro-bailout defense will be. “It would have been even worse without the bailout.” Yeah, right."

All the idiots that voted for the bailout, Dems and Repubs both, need to be voted out of office.

15 posted on 10/06/2008 7:05:11 AM PDT by Post-Neolithic (Money only makes Communists rich Communists)
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To: TigerLikesRooster

DJIA bouncing around 10010, down over 300 points, so far...


16 posted on 10/06/2008 7:05:24 AM PDT by TLI ( ITINERIS IMPENDEO VALHALLA)
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To: TigerLikesRooster

So, I’m a little confused here... Does this mean that the bailout legislation is only sorta working? Who’s to say that the bailout is having any positive impact in the least?


17 posted on 10/06/2008 7:08:38 AM PDT by Sopater (The left taketh, and the left giveth away...)
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To: TigerLikesRooster

This is what happens when we show the world that the US has no fear of printing up some more trillions. The world is
betting on BHO winning.

The new(old) US economic plan is to have a crisis and throw money at it. No need for lengthy debate, no worries about the constitution, just write the check. We in the US have little choice but to deal in dollars.

Other countries do have a choice and the last thing they will want as inflation kicks in, is to be holding US dollars/treasuries/stocks.


18 posted on 10/06/2008 7:09:49 AM PDT by blue_nova
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To: TigerLikesRooster

Can anyone say, “UN Proposal for a Global Currency”? I knew you could...


19 posted on 10/06/2008 7:13:49 AM PDT by AD from SpringBay (We deserve the government we allow.)
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To: Captain Kirk

It’s just like all the economists that were against the stupid bailout were right or something, huh?

How is it that people think that their representates and senators are smarter than themselves when they take a bill that was at its core the same bill they defeated 4 days earlier with added pork and vote it in.

Insanity is defined as doing the same thing over and over a different result. Well, insanity got its day in congress last week! I’m still just completely baffled as to how the heck they thought more legislation would fix a mess that was caused in large part by faulty legislation!

UGH!


20 posted on 10/06/2008 7:50:34 AM PDT by WorkinMan (CW=S [corporate welfare = socialism])
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