Posted on 08/10/2011 8:11:26 AM PDT by AAABEST
They dumped just Hitler for “Ancient Aliens helped Hitler as predicted by Nostradamus” programming.
Maybe George Soros felt like making another billion betting against the Dow.
Good question. I’ve been asking the same thing. For at least two years now Wall Street economic indices have not even come close to charting the actual economy. IMHO “Street” leadership has been in the tank for The Usurping Marxist Onada. Seems that every positive initial unemployment, manufacturing, GDP report drove the Market up.
However, when the “unexpected” and “surprising” downward revisions came the Market ignored them.
I would love to know what finally drove the S&P to act. That said, it had been openly warning it would downgrade US rating if their were not significant and immediate spending cuts. Our Dear Leader gave it the finger.
I got the most amazing letter from Wells Fargo the other day. My financial advisor works for WF. The letter said WF would remove my investments from “financial advisor” status because of an absence of trade activity. Keep in mind WF gets paid a % of the value of my investment portfolio for this service. That includes my gold and silver investments. And no where in my contract with WF does it require to me to trade to maintain the account. Moreover, WF did this without consulting my financial advisor.
Shortly after Onada stole the presidency, I sold all my loser stock. I kept the good stuff, because I think the country will regain its economic senses after Onada is ousted in 2012. The money earned from the stock sale was used to buy gold and silver. As anyone knows who has a clue gold is appreciating nicely. I’m making a pile of money from it. WF gets paid 1% of the value of the metals so it’s making money right along with me.
Then this dopey letter. I many be wrong, but the only entities playing in the stock market are timers, shorters etc. In other words speculators and other ne’er do wells who add nothing to the value of the stock. Institutions may be in the game to some extent, too.
For WF to pretend that everything is perfectly normal right now is beyond understanding. 13-15 million people are unemployed right now. We have a Marxist in the WH and every one of his policies are designed to wreck America. Europe is in a shambles, too. England is burning. And were in a fight to the death with a bunch of 13th century religious terrorists.
Yep, business as usual.
Yeah lol, I still don’t even know what the “sibling fugitives” did and I really don’t care. But Greta needs something to talk about now that the Casey Anthony story is over.
In the 1929 crash, there were also days of huge declines, followed immediately by huge gains. Back and forth, but the trend was lower with more very bad days than there were very good days.
Then there was a 5-month rally where the market gained 48%, but topped out and began a 2+ year decline.
Huge volatility is a bad sign....
-——yup, except for Megan Kelly and Gretta-——
You are severely overstating the case. First, Fox News is not a purely Christlike Conservative entity. To think it is or should be is delusional.
Then you are wrong. There is one consistently conservative view, Neil Cavuto. He is consistent in his conservative views and regularly screws with the heads of liberal congress critters or NGO reps or such. Neil is the best interviewer on TV and his 4:00 show regularly hosts the real movers and shakers in America.
He has strong credentials. He appears every day during the week and on Saturday and heads the Fox Business Network. He is also a VP (i think) of News Corp.
If you are not able to watch at 4, tape and watch when you can. The views aired there day in day out are the best, short of Free Republic , existent
I don't know who is in charge but they made that network into a trashy reality show network.
Now it's more like the "Hillbillies Picking Through Junk and Operating Heavy Machinery Channel".
T. Rowe Price has added a $20 annual fee for all investment accounts with balances below $10,000 and has upped their minimum new purchase total to $100, from $50. Small investors are getting squeezed.
Bank of America down 44% on year, 20% over last week
Federal regulators going after Goldman Sachs re: mortgage backed securities
SEC probes Goldman over Libya deals
Goldman drops over 7% in unusually high volume trading
Ice Road Truckers is great.
Love to watch a show about truck driving in the arctic when we’re in the midst of a heat wave.
Buddy of mine grew up in Wisconsin. I grew up in Maine.
One evening, we were waiting for the game to come on and surfed into "Ice Road Truckers".
The narrator and/or drivers were making a massive fuss about "Whiteout conditions". "DANGER! Life Threatening Danger! Will. They. Survive?!" was the message, approximately.
Camera cut to a little snow blowing across the road. Buddy looked at me and said "Dunno about you, but I was driving in life threatening conditions when I was 12. No one made a TV show about me."
I replied, "Yup. Back home, they called it 'Going to work in the morning'."
Doubt I'd want to drive a Big Rig across a frozen lake. Otherwise, I quickly got tired of the Breathless Hyperbolic Drama.
The same people who are in charge at SyFy channel. No SciFi just Ghost Hunters, Wrestling, and... well, nothing else.
If Obama would announce his resignation, the market would go up 2000 points.
[ The same people who are in charge at SyFy channel. No SciFi just Ghost Hunters, Wrestling, and... well, nothing else. ]
And the news channels are becomming more like science fiction everyday.
With the MSM ones touting how great of a Utopian System we will have under Obama, and Fox News having to report on the Distopian state of our current governmental systems.
While we aren’t exploring other planets and star systems, we are stuck in SCI-FI news of the great dystopian Novels of We, 1984, and Brave New World and well as the great work of fictional fiction which are the writings of one Karl Marx. Where new speak (Political Correctness) and “cultural out reach” are trumping the hard sciences as we gaze at our own navels instead of gazing and dreaming of what might be waiting for us among the stars.
America is the engine of the world...the only way those socialist countries have been able to continue to operate is because of America....without America’s engine...the rest of the world will TANK.....this is what the American haters have done to the world....blow back is a b*tch...guess they never thought of it or never realized that America is the engine of the world...
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