[blam]

DJIA Down 419.10

[blam]

[TexasFreeper2009]

I lost a ton on Intrade today :( I figured it would recover back above 300 before the close... boy was I wrong.

[NormsRevenge]

We need a study to isolate the panic trader gene in folks.. and ban trading by those who have it.. of course there wouldn’t be many left, but.. I could do it for 10 million a year in 20 years or so. ;-)

[ken5050]

Will Obama cut his vacation short?

[Presbyterian Reporter]

The markets are pretty much saying they have no faith in Obama to turn things around and maybe the markets are also saying that Obama will make things even worse.

Obama has done a lot of damage in the first 32 months and he has 16 months to go.

[tumblindice]

We may be losing our a**e*s but the important thing to remember is Obama & family are getting a much deserved vacation and eating the milk-fed, massaged hindquarters of penned, young beeves.

[ex-snook]

Here's what you need to know. We exported our productive seed corn to the world.

[Freedom_Is_Not_Free]

This December will mark the 5 year anniversary of my moving to 100% cash position with no money in the stock market. Back in December of 2006, I had absolutely no clue I would still be on the sidelines 5 years later. I thought I would have been back in by now.

As an aside, I sleep soundly at night knowing I have a guaranteed return of capital.

[Mariner]

"Perhaps the most ominous new fire in Europe is this situation where various countries who will be bailing out Greece are demanding collateral for their loans. It started with Finland, but if everyone does this, it's going to kill the whole thing. "

That's the deal with sovereign debt, it's a personal loan to a drunk.

No collateral, nothing but a promise.

And no hope of ever seeing your money again.