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Obama Speaks -- Market Down 445 Points
Fox News Live | 8/8/11

Posted on 08/08/2011 11:19:49 AM PDT by pabianice

Obama is talking about needing new taxes and the nasty national financial downgrading by those meanies at S&P. The NYSE -- already down 312 -- just plunged an additional 150 points as soon as he started speaking.


TOPICS: Business/Economy; Government; News/Current Events; Politics/Elections
KEYWORDS: coward; deport; fubo; marxist; wreckingball
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To: MrB

That’s simply hilarious. But no we didn’t watch it. I simply can’t listen to him. My blood pressure goes up and steam start pouring out my ears so I just turn the channel whenever he comes on. Thanks for telling me that though. Any other interesting tidbits from his telepromter let me know.


51 posted on 08/08/2011 11:48:02 AM PDT by Graneros ("It is no exaggeration to say that the undecided could go one way or another.")
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To: PA-RIVER

That’s his boss’s name.


52 posted on 08/08/2011 11:48:20 AM PDT by MrB (The difference between a Humanist and a Satanist - the latter knows whom he's working for)
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To: ctdonath2

I get your point and stand corrected.


53 posted on 08/08/2011 11:49:20 AM PDT by mickie
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To: MrB

At what point does Obama realize his chances in 2012 are sunk and he declares Martial Law?


54 posted on 08/08/2011 11:55:16 AM PDT by OrangeHoof (Obama: The Dr. Kevorkian of the American economy.)
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To: pabianice

Investors lost confidence in business, not government. Government interest rates went down not up. Looks like the return of recession and a helpless government. No recovery in sight.


55 posted on 08/08/2011 11:57:06 AM PDT by ex-snook ("Above all things, truth beareth away the victory")
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To: pabianice

Did he really revisit his whine about raising taxes??????


56 posted on 08/08/2011 11:57:15 AM PDT by silverleaf (All that is necessary for evil to succeed, is that good men do nothing)
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To: All

Now that most of the bad news is out...I wouldn’t be surprised if the markets rally back before the end of the day and rest of the week...


57 posted on 08/08/2011 11:57:25 AM PDT by Maringa
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To: OrangeHoof

He’s “tipping the checkerboard” now.
He realizes he won’t win a two way race, so he’s setting up a three way, whilst upending the economy to create enough chaos that he could follow the plan you stated and the people will welcome it.

It’s pretty standard communist takeover tactics.


58 posted on 08/08/2011 11:58:15 AM PDT by MrB (The difference between a Humanist and a Satanist - the latter knows whom he's working for)
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To: Para-Ord.45

Re: Watch the Fed`s Plunge Protection Team dive in JUST before closing today

The printing presses are starting to really hum


59 posted on 08/08/2011 12:00:53 PM PDT by jesseam (Been there, done that)
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To: ex-snook
Government interest rates went down not up

Because the Fed is buying up 90% of Treasuries.

60 posted on 08/08/2011 12:04:52 PM PDT by MNJohnnie (Giving politicians more tax money is like giving addicts free drugs to cure their addiction)
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To: MNJohnnie

Because the Fed is buying up 90% of Treasuries.


Wrong as usual.


61 posted on 08/08/2011 12:08:27 PM PDT by ex-snook ("Above all things, truth beareth away the victory")
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To: pabianice
Ugh, I wish he would indulge in a nice big cup of STFU.

Really.

62 posted on 08/08/2011 12:09:34 PM PDT by greatplains
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To: pabianice

The “Turd King’s” touch!


63 posted on 08/08/2011 12:10:39 PM PDT by right way right (Whats it gonna take?)
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To: jesseam

There was an uptick around 3:30est. today but it looks like the PPT was swimming against too strong a current today:

http://finance.yahoo.com/q/bc?s=%5eDJI&t=1d&c=

.


64 posted on 08/08/2011 3:54:03 PM PDT by Para-Ord.45
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To: Para-Ord.45

PS: PPT usual strike 30 minutes before closing.


65 posted on 08/08/2011 3:54:58 PM PDT by Para-Ord.45
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