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Market Plunges to 1997 levels -- still falling. Where's Messiah? All Hail (Capitalism DeathWatch™)
YahooFinance ^ | YahooFinance

Posted on 02/23/2009 12:17:36 PM PST by quesney

Dow
7,177.78
-187.89
-2.55%

Nasdaq
1,399.99
-41.24
-2.86%

S&P 500
749.23
-20.82
-2.70%

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


TOPICS: Breaking News; Business/Economy; Government; Politics/Elections
KEYWORDS: bailout; bho; bho44; bhodjia; biggovernment; communism; economy; first100days; freefall; fubo; nationalization; nationalsocialism; obama; obamassiah; porkuli; porkulus; rats; socialism; stimulus; stockmarket; theone; wallstreet
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1 posted on 02/23/2009 12:17:36 PM PST by quesney
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To: quesney

2 posted on 02/23/2009 12:18:36 PM PST by Bon mots
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To: quesney

The Messiah is serving W’s third term as far as the economy is concerned.


3 posted on 02/23/2009 12:19:42 PM PST by Moonman62 (I didn't compromise my soul to be popular. -- Jimmy Carter)
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To: quesney

Obama:

I fell in to a burning ring of fire
It went down, down, down
And the flames went higher

And it burns, burns, burns


4 posted on 02/23/2009 12:19:45 PM PST by A_Former_Democrat
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To: quesney

Sadly, the answer is still in their playbook:

Bush’s Fault!

(It’s not accurate at this point, but America will buy it.)


5 posted on 02/23/2009 12:19:55 PM PST by brownsfan (We are sooooo screwed.)
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To: quesney

6 posted on 02/23/2009 12:20:26 PM PST by Lucky9teen (Obama destroying America...it sickens me people still think he is great and r so completely blind)
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To: quesney

Market to Obama: “Did you think making announcements on the weekend about your plans to further destroy capitalism would avoid the death spiral you’ve sent us into? Wrong, yet again...”


7 posted on 02/23/2009 12:20:58 PM PST by erkyl (The hottest places in hell are reserved for those who, in a period of moral crisis, stay neutral)
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To: Bon mots

That picture is inaccurate. Obama is sheltered from the economy, and has no worries.


8 posted on 02/23/2009 12:21:14 PM PST by Red in Blue PA (If guns cause crime, then all of mine are defective.)
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To: quesney
Cloward-Piven Strategy
9 posted on 02/23/2009 12:21:18 PM PST by Man50D (Fair Tax, you earn it, you keep it!)
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To: Red in Blue PA
That's not Present Obama in that picture.

It's a chimp.

10 posted on 02/23/2009 12:22:08 PM PST by Syncro (Ti Ming -- Use Librally)
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To: quesney
Next four years:

Good news = Obama's fault.
Bad news = Bush's fault.

Rinse. Lather. Repeat.

11 posted on 02/23/2009 12:22:29 PM PST by dead (I've got my eye out for Mullah Omar.)
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To: brownsfan

Of course, no one mentions that in June the market was up to 13,000, where it had been pre-9/11. It has been falling steadily since Zero’s nomination, then election and finally, coronation.

Maybe Wall Street doesn’t want to trust Zero and his band of tax cheats with the nationalizing of the banks, especially when you consider Wall Street KNOWS where the real problems lay and that DC isn’t doing squat to fix them.


12 posted on 02/23/2009 12:24:07 PM PST by Right Cal Gal (Abraham Lincoln would have let Berkeley leave the Union without a fight)
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To: dead

All the way to re-election?


13 posted on 02/23/2009 12:24:56 PM PST by GOPsterinMA ("The Dark Side of the Force is a pathway to many abilities some consider to be unnatural.")
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To: quesney
How far does it have to drop, and for how long does it have to be there, before the Koolaid drinking Obama voters come to the realization that this is now the Obama economy not the Bush economy?
14 posted on 02/23/2009 12:24:59 PM PST by NavyCanDo
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To: quesney

And the market hasn’t even priced in Obama’s massive tax increase plan, coming in a couple of days. The market is voting NO CONFIDENCE in Obama.

Obama should resign for the good of the country, he is not up to the job, already did more damage to the country in a month than even the previously worst president, Jimmy Carter in his 4 years.


15 posted on 02/23/2009 12:25:20 PM PST by FocusNexus ("Good and evil are present in this world, and between the two there can be no compromise." GW Bush)
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To: quesney
Actually, folks... communists are having a wonderful time watching the market collapse. Karl Marx predicted capitalism would collapse and they believe this is it. This is a happy day for Obama and friends (right, Billy?).
16 posted on 02/23/2009 12:25:50 PM PST by April Lexington (Study the constitution so you know what they are taking away!)
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To: quesney
down -235 now with < half an hour to go

DJI

17 posted on 02/23/2009 12:26:11 PM PST by lainie (The US congress is full to the brim of absolutely disgusting thieves who deserve humiliating ouster.)
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To: dead
Next four forty years:

Good news = Obama's fault.
Bad news = Bush's fault.

Rinse. Lather. Repeat.

Think big! We may be heading for another 40 years of wandering aimlessly in the Congressional desert while Pugliosi and her thugs run things.

18 posted on 02/23/2009 12:26:13 PM PST by ssaftler (Barack Obama-lini: First "American Idol" elected President of the United States)
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To: NavyCanDo

I heard a guy say recently that he was willing to give Obama a chance, but now that he sees what Obama is doing he says Obama is just as bad as all the rest. No change more of the same.

This is hopeful as while he still blames Bush (deregulation), he also blames Obama.


19 posted on 02/23/2009 12:26:58 PM PST by Boardwalk
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To: April Lexington

-238 now...


20 posted on 02/23/2009 12:27:12 PM PST by frogjerk (NO TAXATION FOR REAMORTIZATION!)
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To: quesney
Obama needs to resign. He's in WAY over his head and the sharks are circling. I heard Dingy Harry assure us today that the Stimulus Plan was the White House plan and he was just the cheerleader. They will hang this on him.

Time to pull out the Nigerian birth certificate and get out of Dodge (too bad he's really the son of an American communist!)

21 posted on 02/23/2009 12:27:57 PM PST by April Lexington (Study the constitution so you know what they are taking away!)
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To: quesney

These have been some horrific looking charts. Since the day obama took the definitive lead in the polls.


22 posted on 02/23/2009 12:28:31 PM PST by allmost
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To: quesney

Please use “Obamanomics Epic Failwatch” or something like that, instead of cursing America with such a title...


23 posted on 02/23/2009 12:28:50 PM PST by The Spirit Of Allegiance (Public Employees: Honor Your Oaths! Defend the Constitution from Enemies--Foreign and Domestic!)
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To: The Spirit Of Allegiance

Obama “I can haz uh depression?”


24 posted on 02/23/2009 12:29:16 PM PST by NeoCaveman (hey who ordered the trillion dollar crap sandwich? FUBO)
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To: Right Cal Gal
Is It Any Wonder The Market Continues To Sink?(Investor's Business Daily, Feb. 20, 2009


25 posted on 02/23/2009 12:29:43 PM PST by FocusNexus ("Good and evil are present in this world, and between the two there can be no compromise." GW Bush)
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To: Boardwalk
I heard a guy say recently that he was willing to give Obama a chance, but now that he sees what Obama is doing he says Obama is just as bad as all the rest. No change more of the same.

Makes you want to puke, doesn't it? We need to go back to the original voting provisions with out the gender and race components... only PROPERTY OWNERS GET TO VOTE in Federal elections...

26 posted on 02/23/2009 12:30:00 PM PST by April Lexington (Study the constitution so you know what they are taking away!)
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To: April Lexington
He's in WAY over his head and the sharks are circling.

Sad to see, actually.
The ship of state is sinking, and they've thrown all the treasure chests overboard.

27 posted on 02/23/2009 12:30:00 PM PST by XR7
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To: quesney

This is more like “What the hail?”.


28 posted on 02/23/2009 12:30:32 PM PST by RichInOC (No! BAD Rich! (What'd I say?))
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To: quesney

7140.19 -225.48 (-3.06%) Feb 23 3:30pm ET


29 posted on 02/23/2009 12:31:00 PM PST by kcvl
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To: brownsfan

Not for long. There was little hardship before this year, but there will be lots of it on O’s watch, I’m afraid.


30 posted on 02/23/2009 12:33:47 PM PST by expatpat
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To: April Lexington

This is exactly right April. Lenin said that a country must have capitalism and that it must fail before communism can take over.


31 posted on 02/23/2009 12:33:57 PM PST by gun_supporter
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To: Bon mots

The end of capitalism is the most heartfelt wish of the left. The left is now in power. The stock market is crashing.
It’s hard to not see the connection.


32 posted on 02/23/2009 12:34:24 PM PST by Leftism is Mentally Deranged (liberalism is a serious mental disturbance)
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To: Right Cal Gal
It has been falling steadily since Zero’s nomination, then election and finally, coronation.

Obama tuawks, market squawks

33 posted on 02/23/2009 12:34:53 PM PST by Syncro (Ti Ming -- Use Librally)
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To: NavyCanDo

Well America, you wanted change . . .


34 posted on 02/23/2009 12:35:14 PM PST by comebacknewt
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To: April Lexington
He's in WAY over his head and the sharks are circling.

I disagree. His goal is the destruction of the economy and the move toward pure dependent communism.

35 posted on 02/23/2009 12:36:54 PM PST by newfreep ("Liberalism is just Communism sold by the drink." - P.J. O'Rourke)
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To: newfreep

I agree.

Where’s all this stimulus money coming from?

Taxes on production (if not soon, then in the near future)

Why would anyone want to succeed under this administration and get either taxed or targeted for harrassment?


36 posted on 02/23/2009 12:43:59 PM PST by P.O.E. ("Arbitrary power is most easily established on the ruins of liberty abused to licentiousness")
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To: April Lexington

37 posted on 02/23/2009 12:45:44 PM PST by ding_dong_daddy_from_dumas (I want to "Buy American" but the only things for sale made in the USA are politicians)
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To: erkyl

He doesn’t care about investors, he clearly has no clue how many retirement and other plans are invested in stocks...


38 posted on 02/23/2009 12:46:19 PM PST by Arizona Carolyn
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To: Boardwalk
“I heard a guy say recently that he was willing to give Obama a chance, but now that he sees what Obama is doing he says Obama is just as bad as all the rest. No change more of the same.”

Yea, I heard that “More of the Same” phrase as well. I wish it was more of the same. We could survive more of the same. The Obama administration far removed from more of the same. When Newsweek prints a cover saying “We are all socialist now”, we do not have more of the same, we have a destructive regime bent on destroying the Constitution.

39 posted on 02/23/2009 12:47:10 PM PST by NavyCanDo
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To: April Lexington

remember this stimulus is all about OBSTRUCTION.

The market could and would bounce back. The improperly managed companies woud close and new ones would take their place.

By artificially proping up housing prices and artificially proping up failed banks and artificially proping up corporations that should close, Obama is intentionally putting terminal pressure on the us system in order to break it.

Obama is pushing “intentional failure”


40 posted on 02/23/2009 12:48:26 PM PST by longtermmemmory (VOTE! http://www.senate.gov and http://www.house.gov)
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To: quesney

Obama is systematically destroying all the wealth the middle class has managed to accumulate. It is part of the plan to destroy the middle class and make them part of the working poor.


41 posted on 02/23/2009 12:50:39 PM PST by Blood of Tyrants (The problem with socialism is that you eventually run out of other people's money. Margret Thatcher)
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To: quesney
Oh, Lord !!

It's been a whole month since he was sworn in, and the nation still has not recovered from the 2007-2008 Recession !!

Whatever are we to do ???

42 posted on 02/23/2009 12:52:01 PM PST by mrmeangenes
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To: quesney

0bama is purposefully trying to destroy capital markets to clear the way for his socialist state.
Even Bill Clinton sees it.


43 posted on 02/23/2009 12:53:17 PM PST by counterpunch ( We must not re-fight 2008 in 2012.)
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To: mrmeangenes
It's been a whole month since he was sworn in, and the nation still has not recovered from the 2007-2008 Recession !!

Whatever are we to do ???

Buy brass and lead. And wait for the inevitable fallout.

44 posted on 02/23/2009 12:54:19 PM PST by Centurion2000 (01-20-2009 : The end of the PAX AMERICANA.)
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To: counterpunch

Funny gold hasn’t moved much today.


45 posted on 02/23/2009 12:56:03 PM PST by Crawdad (Barack Obama- Economic Arsonist)
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To: quesney
Market prediction:
DOW
N

46 posted on 02/23/2009 12:56:41 PM PST by DoughtyOne (Resolved: Gregg, McCain, Snowe, Spectre: 2010, Collins, Graham: 2014)
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To: mrmeangenes
Oh, Lord !! It's been a whole month since he was sworn in, and the nation still has not recovered from the 2007-2008 Recession !! Whatever are we to do ???

He's making things worse.. Do you think he just hasn't been given a chance? Is that it?
47 posted on 02/23/2009 1:01:45 PM PST by divine_moment_of_facts
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To: divine_moment_of_facts

Its obviously a DUmp troll. Look at its join date.


48 posted on 02/23/2009 1:18:48 PM PST by gop4lyf (Obama wants to raise taxes and kill babies. Palin wants to raise babies and kill taxes.)
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7,114.78
-250.89 (-3.41%)
Feb 23 - Close

Ouch!


49 posted on 02/23/2009 1:20:41 PM PST by libertarian27 (Never has so many been owed so much by so few)
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To: quesney

50 posted on 02/23/2009 1:21:01 PM PST by reagan_fanatic (Let the 2nd American Revolution begin!)
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