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DOW Falls Below 10,000(Down over 300 Points)
DJIA ^ | 10-6-08

Posted on 10/06/2008 7:07:18 AM PDT by icwhatudo

DJIA just prior to House defeat of bailout: 10843

DJIA close the day after House defeat of bailout: 10850

DJIA just prior to Senate approval of bailout: 10831

DJIA close the day after Senate approval of bailout: 10482

DJIA just prior to House approval of bailout: 10679

DJIA close the day after House approval of bailout:??? 9999 and dropping

(Excerpt) Read more at finance.google.com ...


TOPICS: Business/Economy; Front Page News; News/Current Events
KEYWORDS: 110th; 2008; bailout; congress; corruption; democrat; democrats; demron; djia; elecitons; election; elections; financialcrisis; radicalleft
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To: thecabal

Its people like that guy that pisses me off so much. It enrages me. This is why the conservative movement is dead. To prevent socialists from getting in and to stop the encroachment of socialism, we have to implement socialism so they wont’ say mean things about us and get elected.

There are no principles in this party and people like that are the reason. No guts. No principles. Worked spectacularly well for 14 years. Lets do it some more!

IDIOTS!


121 posted on 10/06/2008 8:12:34 AM PDT by Crazieman (RIP USA. Killed by demonrats and RINOs like McLame. Welcome to the USSA)
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To: Cold Heat

AHA! A socialist on FR! Zot time! I smell ozone. Get the hell out, troll.


122 posted on 10/06/2008 8:13:06 AM PDT by Crazieman (RIP USA. Killed by demonrats and RINOs like McLame. Welcome to the USSA)
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To: NeoCaveman

No it won’t matter (@3 trillion). But, our every so intelligent Congresscritiens had best pay attention to the ‘3-raise limit” rule with this game.


123 posted on 10/06/2008 8:15:08 AM PDT by RSmithOpt (Liberalism: Highway to Hell)
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To: Redcloak

“Oh, oh... The bail out is gonna need a bail out at this rate.”

I used to say it was too late to work within the system and too early to shoot the ba****ds. I may have to rethink this. A collapse should be the driver for us to hit the reset button on our economy. Instead, I’m afraid we have congress-chimps yanking out circuit boards.


124 posted on 10/06/2008 8:15:24 AM PDT by Hacklehead (Crush the liberals, see them driven before you, and hear the lamentations of the hippies.)
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To: ravingnutter
Sorry, but I don't follow that nutcase's rantings enough to know what he did in 2003.

Pretty weak come-back, considering your (now completely disproven) original claim that McCain had beaten Paul to the punch on this issue. Perhaps next time you will be more cautious in your claims.....then again probably not.

125 posted on 10/06/2008 8:18:18 AM PDT by Captain Kirk
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To: thecabal
So does that make you a member of the socialist wing, along with GW?

It makes me wonder why I even bothered to serve this country in the sixties and seventies, only to see it destroyed by the generations that followed mine.

It makes me wonder why we bothered when we cannot save this country from it's self.

It makes me wonder why history books are written, only to be ignored.

It makes me wonder if a major culling is needed and if it will occur and when. It makes me wonder if my kids and grandkids will survive it.

It makes me wonder about a lot of things.

126 posted on 10/06/2008 8:20:55 AM PDT by Cold Heat (Well....................................That's .....that.........)
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To: icwhatudo

Without the potential for failure, Capitalism cannot exist.


127 posted on 10/06/2008 8:22:11 AM PDT by RocketMan1
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To: pissant

Double time for the regular overtime...that’s the feds, LOL!


128 posted on 10/06/2008 8:23:08 AM PDT by RSmithOpt (Liberalism: Highway to Hell)
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To: Cold Heat

You’re a really smart guy. Save the country from socialism by implementing it.

You fit right in with the RINOs.

Its people like you who destroyed it. Your accusations against me are laughable. And the rest of FR will laugh along with me, especially when you’re out of here for advocating socialism.

Its not tolerated anymore. YOU ARE DESTROYING THIS COUNTRY! THANKS A LOT!


129 posted on 10/06/2008 8:23:57 AM PDT by Crazieman (RIP USA. Killed by demonrats and RINOs like McLame. Welcome to the USSA)
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To: Crazieman
AHA! A socialist on FR! Zot time! I smell ozone. Get the hell out, troll.

Go ahead numb-nut!

Make my day!

130 posted on 10/06/2008 8:26:34 AM PDT by Cold Heat (Well....................................That's .....that.........)
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To: Captain Kirk
I replied to what you posted, you clearly stated "last year" and last time I checked, 2005 and 2006 was before 2007...you are the one stuck in a time warp.
131 posted on 10/06/2008 8:27:01 AM PDT by ravingnutter
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To: icwhatudo; SierraWasp; BOBTHENAILER; tubebender; PhilDragoo; abb; Milhous; MeekOneGOP; Liz; ...

As usual, many of us are throwing rocks at GW and John instead of the rats and their financial guru, George $oreA$$.

$oreA$$ may have been directing Pelosi, Frank, Reid, Osama/Bama, Paulson and others to create this October surprise:

http://www.freerepublic.com/focus/f-news/2098130/posts

Soros Bets on U.S. Economic Collapse
AIM (Accuracy In Media) ^ | 1-16-08 | Cliff Kincaid

Posted on Sunday, October 05, 2008 1:15:24 PM by blasater1960

“Soros, in short, is a major financial backer of the Democratic Party and will be in a position to collect on these debts if Hillary or Obama wins in November. Their election may depend on further substantial erosion in the national economy. Is it possible that the financial activities of Soros could make it more likely that the economy will go into a complete tailspin?”

“Any economic problems will, of course, be blamed by the Democrats and the liberal media on President Bush and the Republicans. The Republicans may not be smart enough to recognize that hedge fund managers and their links to the Democratic Party could become a potent campaign issue. Perhaps they will regard the issue as too “populist” for their taste.”

http://www.freerepublic.com/focus/f-news/2098130/posts


132 posted on 10/06/2008 8:32:13 AM PDT by Grampa Dave ( I do not want to know the type of person, who does not like Sarah !)
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To: Grampa Dave
The Democrats and the liberal media will blame President Bush and the Republicans. The Republicans may not be smart enough to recognize that hedge fund managers and their links to the Democratic Party could become a potent campaign issue.

If that ain't the God's honest truth---nothing is.

133 posted on 10/06/2008 8:50:00 AM PDT by Liz (Taxpayer: one who works for the govt but doesn't have to take a civil service test. R. Reagan.)
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To: icwhatudo

Don’t worry. A world who can control climate certainly can control the world’s economy.


134 posted on 10/06/2008 8:51:44 AM PDT by Joan Kerrey
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To: Grampa Dave
$oreA$$ may have been directing Pelosi, Frank, Reid, Osama/Bama,
Paulson, Bernanke and others to create this October surprise........


135 posted on 10/06/2008 8:53:23 AM PDT by Liz (Taxpayer: one who works for the govt but doesn't have to take a civil service test. R. Reagan.)
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To: Cold Heat

Good post.

There is a lot of noise on these threads, but how many Freepers are talking about the Fundamentals such as consumer confidence, rising unemployment, lowered earnings going forward, companies going out of business, contractions in capital needed to grow and expand, etc...

As if the markets are just one big conspiracy.

Too many people here act like the market has a mind of its own and is not really tied to the greater economy. Too many people aren’t aware that the market is a leading indicator for the ecnonomy.


136 posted on 10/06/2008 9:05:03 AM PDT by Freedom_Is_Not_Free
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To: alloysteel

Without a doubt this is worse than 9/11. This is systemic and world-wide.


137 posted on 10/06/2008 9:07:00 AM PDT by Freedom_Is_Not_Free
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To: tiredoflaundry

Three things to consider about the Dow falling:

1) Quarterly earnings.
2) Economic uncertainty.
2) The Obama factor.


138 posted on 10/06/2008 9:11:14 AM PDT by old_sage_says ("Do not wish ill for your enemy, plan it.." Brad Thor)
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To: Cold Heat
"Paulson is not a dem, and I sure wish you folks would stop spreading that crap like manure." (etcettera)

OK:

Please explain the following so we can understand the obvious.

1. Why now? Why just before probably the most pivotal election ever? Why when we have a choice between darkness and light do we also have a bone jarring crisis that drops all the aces to the other guy's hand?

2. Why did congress race to save the money lenders and the deadbeats, foreign investors and Washington bureaucrats, when the market (measure of national testosterone levels) was set to tank?

3. Why DID the market go up on the lack of a bail out, then plummet when we were 'saved' by congress? (And, why was that not noted outside of FR prior to its being too late to matter?)

4. Might it have mattered?

5. IIRC there was previously a trillion dollars set aside for mortgage rescue - why was that not used? If it was used, when, how, to what purpose, and why didn't that have an effect that we could see?

I don't need to ask about the media blaming republicans and covering for dems, or about the sheeple automatically turning left in a crisis; both are a given. I won't ask why the same populace that pleaded with congress NOT to bail out the mortgage mess will reelect the culprits come election time; that too is a given.

However, if you can answer the first five; can you explain why my DTV receiver crapped out just in time for me to miss watching the FOX babes discussion of the whole affair with Neil what's-his-name?

139 posted on 10/06/2008 9:12:16 AM PDT by norton
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To: Liz
What a great picture. Bailing out that sieve to save the hedge funds and banks around the world, which invested in the crap sandwich Freddie/Fannie mortgages.


140 posted on 10/06/2008 9:31:10 AM PDT by Grampa Dave ( I do not want to know the type of person, who does not like Sarah !)
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