Posted on 05/06/2010 11:22:26 AM PDT by blam
Dow Now Down Over 220 As Europe Explodes
Gregory White
May. 6, 2010, 2:09 PM
The Dow is down 2.0% on worries over the European sovereign debt crises as investors move into less risky assets. Gold is up to nearly 1200.
Volatility on the S&P 500 is up as well, over 13.09%:
The center of all this, the euro, down against the dollar over 1.1%:
[snip]
(Excerpt) Read more at businessinsider.com ...
http://www.freerepublic.com/focus/news/2091792/posts
So how does UN Poster Boy Maurice Strong intend to harness America’s middleclass?
This is what Strong told a reporter back in 1990, when he was describing what he called a fantasy scenario for the World Economic Forum meeting in Davos, Switzerland—where 1,000 diplomats, CEOs and politicians gather annually “to address global issues”.
What if a small group of these world leaders were to conclude that the principal risk to the earth comes from the actions of the rich countries?…
In order to save the planet, the group decides: Isn’t the only hope for the planet that the industrialized civilizations collapse? Isn’t it our responsibility to bring this about?
“This group of world leaders forms a secret society to bring about an economic collapse,” Strong told the reporter in painting his so-called fantasy scenario.
“It’s February. They’re all at Davos. These aren’t terrorists. They’re world leaders. They have positioned themselves in the world’s commodities and stock markets. They’ve engineered, using their access to stock markets and computers and gold supplies, a panic. Then, they prevent the world’s stock markets from closing. They jam the gears. They hire mercenaries who hold the rest of the world leaders at Davos as hostage. The markets can’t close…
I was outside with my dog and neighbor and her child the last few hours.. I didn’t have a clue this was happening.. UnFreakinReal.. so much for economic recovery.
Perfect.
“A crisis!
All the more reason we need Wall St. “reform” and a global monetary system!”
++++++++++++++++++++
And, and, and....
Not me. For me this is a spectator sport. I cashed out long ago and went to Silver. Not a gambler.
Proctor and Gamble.
I’ve always thought that land was a better investment than just about anything else, because it has intrinsic value, and they aren’t making any more of it (with notable exceptions demonstrated by the Dutch and the Japanese). The problem with land though, is property taxes. Just because property taxes are really low for rural acreage now, does not mean that the rates cannot be substantially increased later, especially if socialists are in power for a long time.
When I was a little girl, an uncle of mine used to tell me that no matter the price, an ounce of gold would always buy a men’s suit of good quality. Over the years, that’s proven true.
PPT will buy in to S&P in the next 20 min to prop it up.
What was the deal with that Proctor and Gamble drop?
Just like Tulip Bulbs.
What other explanation is there for that kind of movement other than a cyber attack?
Okay,,,and if you are wrong. What will you say then?
You never answered me...
What’s the difference between public and free markets?
Maybe the NYC bombing failed, so this is Terrorism, Part Deux.
wow
Would that mean a massive move on short sales using the Breakdown Trading System?
overvalued?
I feel for you dude. I had enough choices in my semi-self-managed 403(b) plan that I could move it all to cash, which I did a few months ago. I would be beside myself if I was in your shoes. I've got many friends in the same place as you, who were forced into Colorado's state retirement plan (PERA), and have zero control over how PERA manages their money.
Feds investigate baby bottom complaints
By NATASHA T. METZLER (AP) – 3 hours ago
WASHINGTON — Government safety officials are looking into a handful of reports of severe rashes caused by new types of Pampers diapers.
The Consumer Product Safety Commission started an investigation this week following complaints of babies and toddlers suffering severe and persistent diaper rashes and blisters that resemble chemical burns.
In March, Procter & Gamble launched new versions of its Swaddlers and Cruisers diapers in the U.S. The thinner diapers use the company’s Dry Max technology to replace the paper pulp previously used. Parents’ groups blame the change for skin problems.
The company denies that Dry Max causes chemical burns.
http://www.google.com/hostednews/ap/article/ALeqM5iTfUjoTs-1jLjIBNJjaX5JY52XMgD9FHEHJ80
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