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Stocks sharply lower as global crisis persists (Dow under 10,000 1st time in nearly 4 years)
MarketWatch ^
| Oct. 6, 2008
| Nick Godt
Posted on 10/06/2008 7:33:49 AM PDT by AngieGal
click here to read article
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To: AngieGal
The culprits, perpetrators, welfare kings of the current economic crisis:
To: Ancient Drive
“We’re gonna need a bigger bailout.”
22
posted on
10/06/2008 7:49:08 AM PDT
by
dfwgator
To: mek1959
Deadcat bounce at 539... flirting with trying to stay open for the day?
23
posted on
10/06/2008 7:50:26 AM PDT
by
Issaquahking
(Maverick Barracuda voter!)
To: Lord Jim
Saturday and Sunday night FOX news ran a special for an hour about the situation and how it snowballed into what we are seeing.
If everyone in America saw that show the election would be a slam dunk for Republicans.
24
posted on
10/06/2008 7:50:58 AM PDT
by
Abathar
(Proudly posting without reading the article carefully since 2004)
To: Abathar
The liberals don't watch FOX! They were preaching to the choir.
sw
25
posted on
10/06/2008 7:52:00 AM PDT
by
spectre
(Spectre's wife)
To: AngieGal
The absolutely incredible drop in the markets has sealed McCain's fate. With the markets tanking--there is no way McCain can get elected (rightly or wrongly--just a fact).
About the only thing that could have possibly elected a Marxist extremist like Hussein--is an economic calamity--which is precisely what appears to be occurring.
26
posted on
10/06/2008 7:53:03 AM PDT
by
stockstrader
(VOTE DEMOCRATIC--it's so much easier than thinking.)
To: ClearCase_guy
27
posted on
10/06/2008 7:53:31 AM PDT
by
cvq3842
To: Lord Jim
Let’s say there are 100 million homes, so there are about 5% (let’s be generous) or 5 million mortgages in jeopardy. Let’s say the average loan is $400K, that is $2 trillion at risk
28
posted on
10/06/2008 7:53:50 AM PDT
by
expatpat
To: OB1kNOb
29
posted on
10/06/2008 7:54:31 AM PDT
by
cvq3842
To: Issaquahking
"Thanks congress! Those that passed this bill what a bunch of dumba$$e$. Bravo, you nailed it!
and to think one Prez candidate is for "Change" and the other is for "Reform", yet they both voted for the bail out!
What does that make them?????
30
posted on
10/06/2008 7:54:44 AM PDT
by
gitmogrunt
(The stupidity of the American Sheeple never ceases to amaze me)
To: All
Going through my ammo "portfolio" and realized that I am way low. I guess my Y2K horde wasn't as unlimited as I thought.
*gulp*
31
posted on
10/06/2008 7:55:21 AM PDT
by
ajwharton
(FL GOP Pollwatcher, ACORN-buster)
To: dfwgator
Were gonna need a bigger bailout.
To: AngieGal
But this bailout was supposed to keep the world safe and the sun shining bright! Don’t tell me that we are stuck with a huge tax bill and the economy still collapses!
I am fed the heck up!
33
posted on
10/06/2008 7:55:52 AM PDT
by
autumnraine
(McCain/Palin 08)
To: AngieGal
Obama up
Stocks down
McCain up
Stocks up
34
posted on
10/06/2008 7:56:08 AM PDT
by
Calif4Bush
(Proud Moose head)
To: spectre
I agree, it should have been put on the FOX network stations instead of FOX news. It was very informative and put the blame square where it belongs, it exposed Dodd, Shumer and Franks like no one else ever will and it was all the truth.
35
posted on
10/06/2008 7:56:39 AM PDT
by
Abathar
(Proudly posting without reading the article carefully since 2004)
To: AngieGal
To: AngieGal
Anyone else see the hypocrisy in the 'world' looking to the U.S. to fix this world-wide financial crisis, while at the same time, the 'world' does not like that the U.S. has led the coalition (with dwindling resources from other countries) in the Iraq war?
I think it boils down to the fact that, no matter what the U.S. does (short of giving her sovereignty over to the UN) makes the rest of the world angry.
Seems like it all boils down to envy, but that's just my NSHO.
37
posted on
10/06/2008 7:59:33 AM PDT
by
MEGoody
(Ye shall know the truth, and the truth shall cause you to vote against the Democrats.)
To: Issaquahking
Yeah, a really great bailout idea. Now we are in deeper debt AND sinking stocks. I’m so ‘pleased’.
38
posted on
10/06/2008 8:00:46 AM PDT
by
Arthur Wildfire! March
(BO Change is BS Change. A little o Change to help Ayers and Raines.)
To: Fred Nerks; Lazamataz; TigersEye; MeekOneGOP; floriduh voter; loboinok; snippy_about_it; ...
39
posted on
10/06/2008 8:02:06 AM PDT
by
Arthur Wildfire! March
(BO Change is BS Change. A little o Change to help Ayers and Raines.)
To: AngieGal
Two factors weighing down the market:
1. The European financial crisis.
2. The market is finally beginning to price in an Obama win. Polls show him solidly up, electoral college maps like Rove’s show him over the 270 he needs.
The sheeple buy the MSM’s line about a weak economy helping the Dems on the fraudulent premise that “everyone knows” Dems’ policies tend to a stronger economy, but the smart money in the markets understand perfectly well that Obama’s economic philosophy and policies combined with a Reid/Pelosi congress are economy-killers.
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