Posted on 02/04/2010 1:05:37 PM PST by USALiberty
Stocks buckled Thursday under the growing belief that the global economy is weaker than many investors expected and is likely to stop the U.S. labor market from rebounding in the coming months.
(Excerpt) Read more at finance.yahoo.com ...
I like that, the ‘global economy’ is bad so the US workers are screwed...
Couldn’t possibly be due to our every increasing debt..
How’s that CHANGE working for you now?
2-3% is one thing. There’s lots of room to bounce up and down here.
I suspect when there’s really a “CRASH” proving all of the above that you won’t need to post it on FR to draw attention to it.
Soon it will be the cities, counties and states that start defaulting. The blood turnip is simply tapped out.
I’m guessing CA goes first then NY. Simple reason is density of democrats per 1,000 citizens.
The Supreme Court has been bought and paid for, they would not dare look into his citizenship issue. We can keep dreaming though!
A “mistake” of about 1 million more jobless than previously reported?
Mass hypnosis led to the election of the empty suit, now occupying the White House. The independents, who put Obama there, are waking up. There is going to be a political bloodbath in November. And a lot of pissed off investors, who lost most of their 401K assets since the Dems took over in January of 2007, will be voting.
Unfortunately for the rest of real Americans, his tenure became law and fact.
Resolution of this misdeed will be arduous and unpleasant. 'They' will not go willingly. Gird yourselves -- we may get lucky and this poser may become irrelevant with the 2010 Congressional elections. Regardless, severe sustained damage not easily undone has been wrought. It will be generations before (hopefully) it can be undone.
Not to worry...Harry Reid just announced he’ll have a “jobs bill” by Monday.
We can all sleep easy tonight.
/sarc
“European” debt is not my worry, it’s US debt that has me scared to death.
I’m going to predict that IL will be second, before NY. We’ve been playing a shell game with finances here for 20 years. Unfunded pension liabilities, unpaid MEDICAID liabilities, the usual & customary corruption in government, and the need to fund the Chicago School District with statewide taxpayer dollars while they continue to turn out functional illiterates has this state right on the brink. Why it’s so bad, we may get a Republican governor elected in November! Of course, he’s from Chicago so he isn’t any different than a Democrat from Chicago, but hey, you can’t have everything you want here in the State of Sillynoise!
...the DOW holding to 10000 by a slender thread...closed today at 10002.
It was below 10,000, but knowing that’s a ‘psychological’ barrier, they ran it back up 2 above 10,000.
LMAO
european debt?
Half the proposed US budget is debt.... HALF!
Yeah. Husseins threats to banks and Toyota had absolutely NO effect, right!!
greetings from smalbany ny
we are almost there 8 billion deficit
What about Michigan? How are they doing?
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