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Dow ends below 10,000 on economic worries
Reuters/YahooNews ^ | 8/26/10

Posted on 08/26/2010 1:46:40 PM PDT by Kartographer

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To: Para-Ord.45

Obama will end his Martha’s Vineyard vacation Sunday with a flight to New Orleans. The White House provided details about a wide-ranging White House effort to mark the fifth anniversary of Hurricane Katrina’s landfall there.


61 posted on 08/26/2010 8:21:48 PM PDT by kcvl
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To: Lady Jag

Unicorns eh...paging PeWe Herman......


62 posted on 08/26/2010 9:13:42 PM PDT by spokeshave (Mr. President, no golfball exploded because of your amazing power and strength - you hit a duck egg,)
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To: festivus162

>The Zero Syndicate will do all they can to keep the Dow above 10k before the elections, just as they’ve fixed the numbers to keep “official” unemployment below 10%.

Question: What do you think the DOW go to after the election?
My Guess: About 3000.

Question: What will the “official” unemployment numbers become after the election?
My Guess: 20%-26%


63 posted on 08/26/2010 10:26:42 PM PDT by OneWingedShark (Q: Why am I here? A: To do Justly, to love mercy, and to walk humbly with my God.)
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To: Kartographer

Summer of Wreckovery...


64 posted on 08/27/2010 12:16:30 AM PDT by dixiechick2000 (Remember November...I can see it from my house!)
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To: Kartographer

This Dow sh!t is just a red herring; if they said it passed 30,000 would our lot be any better? For most Americans there is a total disconnect between “the Dow” and “jobs/income”.


65 posted on 08/27/2010 3:39:39 AM PDT by kearnyirish2
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To: ex-snook
Do you really think that with a tax cut business would create jobs in THIS COUNTRY?

Of course they would. Cheaper wages abroad aren't the only factor in siting a business. Extraordinary levels of corporate taxation and regulation are major impediments.

Manufacture is helped by low wages, but also by low taxes, sane levels of regulation, good infrastructure, an educated workforce, reliable energy, a culture that protects and respects property, a stable and non-arbitrary government and a short supply chain to the ultimate consumer.

America has most of these. Its high corporate taxes, insane EPA regulation and arbitrary seizure of property (see: General Motors) are all fixable.

66 posted on 08/27/2010 5:17:01 AM PDT by agere_contra (...what if we won't eat the dog food?)
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To: Para-Ord.45

“”I’ve been advising my parents to get out for almost 3 years now. I dunno if they will or not. I wish I could find the documentary again, it was a good one, in my opinion.””

I pulled out in January- my broker was able to lock me
in at a Guaranteed 3% + rate. first, I hope I am safe-
Second, they will not even guarantee a 1% rate now!

were screwed


67 posted on 08/27/2010 6:39:58 AM PDT by mj1234
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To: agere_contra

I appreciate your opinion but I would rather have the statement of business leaders that they would restore the jobs of those laid off if the government would .....................[fill in the blanks with tax rate cuts, etc].

Personally I believe that money in the hands of consumers is what business really needs. But neither your opinion, mine, or political leaders spouting what business needs, counts.

Lets hear from the ones that hire. They have been silent.


68 posted on 08/27/2010 7:01:31 AM PDT by ex-snook ("Above all things, truth beareth away the victory")
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To: JDW11235
History Channel did a great documentary on the Dust Bowl/Great Depression, but if I remember correctly, it focused more on the situation in the plains states... although the two were obviously entwined.

Some extraordinary film footage though... those clips of the jackrabbit roundups and the black dust storms were something else!

69 posted on 08/27/2010 8:39:04 AM PDT by ponygirl
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To: massmike

Actually I’m fine with him staying on vacation for the rest of his term - as long as it means he enacts no more of his economic policies.


70 posted on 08/28/2010 10:42:11 PM PDT by Republican Wildcat
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To: Republican Wildcat

Fully agree, I am purposely not making large purchases to make sure that Obama fails. Every good conservative should do the same.


71 posted on 08/28/2010 10:54:20 PM PDT by catfish1957 (Hey algore...You'll have to pry the steering wheel of my 317 HP V8 truck from my cold dead hands)
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