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Deeply down day on the Dow as post-election fiscal reality hits Wall Street
www.boston.com ^
| Nov 7 2012
Posted on 11/07/2012 12:48:54 PM PST by NoLibZone
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1
posted on
11/07/2012 12:48:58 PM PST
by
NoLibZone
To: NoLibZone
It is a lousy time to be an American. Indeed, the entire future of humanity looks grim, very grim.
2
posted on
11/07/2012 12:50:46 PM PST
by
BenLurkin
(This is not a statement of fact. It is either opinion or satire; or both)
To: NoLibZone
We spent huge amounts of money and incalculable amounts of human capital on the election, Horn said. And after that whole process, we basically get that same gridlock government. And everybodys hoping things will somehow change. Somebody said once that 'elections have consequences' .....
3
posted on
11/07/2012 12:52:53 PM PST
by
MissMagnolia
("It is when a people forget God that tyrants forge their chains" - Patrick Henry)
To: BenLurkin
Yep, grim, and these people haven’t yet witnessed all the marvels of 4 more years of Obama.
4
posted on
11/07/2012 12:56:45 PM PST
by
dforest
To: NoLibZone
Well now we have another lying media narrative being fed to us. The Wall Street sell-off the day after the election is because of the looming fiscal cliff. Bullshit! The cliff was there the day before the election, too! The sell-off is from the re-election of 0bama, and the extension of his disastrous economic policies.
You can fool people, but you can’t fool money.
5
posted on
11/07/2012 1:00:03 PM PST
by
henkster
(If you let them do it to you, you got yourself to blame.)
To: NoLibZone
To: dforest
Yep, grim, and these people havent yet witnessed all the marvels of 4 more years of Obama.Yessir! We'll get to see the great merits of the Commissars doing all that fine Central Planning.
Worked so well for the USSR.
7
posted on
11/07/2012 1:08:00 PM PST
by
Ole Okie
To: NoLibZone
What part of the cliff worries them? Cuts or tax increases? Both? Really I’m sure the best solution in their minds is borrowing more money and putting it off to another day. As always, it’s take the pain now, or take it later. Either way, you Wall Street junkies are going to take it along with rest of us.
8
posted on
11/07/2012 1:10:29 PM PST
by
throwback
(The object of opening the mind, is as of opening the mouth, is to shut it again on something solid.)
To: BenLurkin
To: MissMagnolia
don't be fooled....someone will be making tons of money on this "down" market....
I wouldn't sell right now...the big boys are hoping that lots of us do....(I don't have much anyway).
10
posted on
11/07/2012 1:12:18 PM PST
by
cherry
To: NoLibZone
Wall Street recognizes the election for what it is: welfare freeloaders with pitchforks and torches.
11
posted on
11/07/2012 1:13:11 PM PST
by
Cletus.D.Yokel
(Catastrophic Anthropogenic Climate Alterations - The acronym explains the science.)
To: throwback
I almost welcome the “cliff”...
mainly because those most hurt will be the ones who voted to keep driving over it.
12
posted on
11/07/2012 1:15:34 PM PST
by
MrB
(The difference between a Humanist and a Satanist - the latter admits whom he's working for)
To: cherry
Not fooled at all .... suspect the name of one person making tons of money starts with ‘S’ and ends with ‘oros’.
13
posted on
11/07/2012 1:15:55 PM PST
by
MissMagnolia
("It is when a people forget God that tyrants forge their chains" - Patrick Henry)
To: Cletus.D.Yokel; JoeProBono
Maybe Joe can 'shop in Obamugabe in the lead?
14
posted on
11/07/2012 1:16:16 PM PST
by
Cletus.D.Yokel
(Catastrophic Anthropogenic Climate Alterations - The acronym explains the science.)
To: Ole Okie
All afternoon the Tea Party has been blamed for the partisan divide. It is amazing how the democrats are never called upon to be bipartisan.
Bonehead is going to cave. It is coming.
15
posted on
11/07/2012 1:17:19 PM PST
by
dforest
To: BenLurkin
“It is a lousy time to be an American. Indeed, the entire future of humanity looks grim, very grim.”
“When these things begin to take place, stand up and lift up your heads, because your redemption is drawing near.” Luke 21:28
However, it will get very, very grim before our Redeemer gets here. Soon.
16
posted on
11/07/2012 1:18:24 PM PST
by
BwanaNdege
(Man has often lost his way, but modern man has lost his address - Gilbert K. Chesterton)
To: MrB
Really. Let it happen. Let's see the real Obama economy finally. It's pain to both sides, so it should be “fair”, and that after all is the highest value.
17
posted on
11/07/2012 1:24:11 PM PST
by
throwback
(The object of opening the mind, is as of opening the mouth, is to shut it again on something solid.)
To: NoLibZone
Boehner and Company have caved on more and more issues as B Hussein’s first term proceeded. They may not need to cave any more. The “funny, unrelated” bits of legislation tucked here and there in Obamacare may make Congress irrelevant. This will or would necessitate more Executive Orders, but since only those who must carry them out need to see them, Barry need not craft them clean and clear. He only needs to hang a corrective bullwhip on his Oval Office wall.
18
posted on
11/07/2012 1:32:27 PM PST
by
Grampa3711
(Some people bring happiness wherever they go; others, whenever.)
To: throwback
It's pain to both sides, so it should be fair, and that after all is the highest value. Seriously, in my conversations with leftists, they think that a complete economic collapse will be a good thing, because "everyone will be in the same boat then".
This is also why they HATE, HATE, HATE "preppers", because we are trying to avoid being in that "same boat".
19
posted on
11/07/2012 1:33:13 PM PST
by
MrB
(The difference between a Humanist and a Satanist - the latter admits whom he's working for)
To: NoLibZone
BUT, we were TOLD that Mitt Romney was the only one who could beat Obama.........
hello FOX NEWS Channel??? hello????? anyone there???? hello???? no answer.
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