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Stocks Post Loss on Greece, S&P at 3-Month Low
Drudge Report ^ | May 15 2012 | Drudge

Posted on 05/15/2012 12:41:36 PM PDT by ctdonath2

Headline only.


TOPICS: Business/Economy; News/Current Events
KEYWORDS: banks; braking; greece
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Very bad, if it's what we've been expecting. Discuss & update.
1 posted on 05/15/2012 12:41:47 PM PDT by ctdonath2
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To: ctdonath2

You beat me by 8 seconds!


2 posted on 05/15/2012 12:43:03 PM PDT by struggle (http://killthegovernment.wordpress.com/)
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To: ctdonath2

Uhoh


3 posted on 05/15/2012 12:43:57 PM PDT by Pox (Good Night. I expect more respect tomorrow.)
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To: ctdonath2

They asked for socialism.

Looks like they’re going to get it.


4 posted on 05/15/2012 12:44:09 PM PDT by chuck_the_tv_out
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To: ctdonath2

Here we go..


5 posted on 05/15/2012 12:44:38 PM PDT by stephenjohnbanker (God, family, country, mom, apple pie, the girl next door and a Ford F250 to pull my boat.)
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To: ctdonath2

Send lawyers, guns and money......


6 posted on 05/15/2012 12:45:42 PM PDT by dfwgator
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To: ctdonath2

This is what happens when people want socialism. You ask and you shall receive. This is America’s future if we don’t get rid of Obama


7 posted on 05/15/2012 12:46:04 PM PDT by Sarah Barracuda
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To: chuck_the_tv_out

” They asked for socialism.”

More like anarchy now


8 posted on 05/15/2012 12:46:04 PM PDT by stephenjohnbanker (God, family, country, mom, apple pie, the girl next door and a Ford F250 to pull my boat.)
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To: ctdonath2

700 million euros withdrawn Monday. Basically about a billion dollars.


9 posted on 05/15/2012 12:47:09 PM PDT by WashingtonSource
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To: ctdonath2

Anyone with half a brain pulled their money out weeks ago.


10 posted on 05/15/2012 12:47:15 PM PDT by Lurker (Violence is rarely the answer. But when it is it is the only answer.)
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To: chuck_the_tv_out

They just ran out of other peoples’ money.


11 posted on 05/15/2012 12:47:26 PM PDT by ctdonath2 (Cloud storage? Dropbox rocks! Sign up at http://db.tt/nQqWGd3 for 2GB free (and I get more too).)
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To: chuck_the_tv_out

“Socialism works only until they run out of other people’s money”

- Margaret Thatcher


12 posted on 05/15/2012 12:47:26 PM PDT by canuck_conservative
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To: Sarah Barracuda

This is America’s future if we don’t get rid of Obama.

YEP


13 posted on 05/15/2012 12:47:46 PM PDT by stephenjohnbanker (God, family, country, mom, apple pie, the girl next door and a Ford F250 to pull my boat.)
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To: WashingtonSource

A billion here, a billion there. Pretty soon you’re talking real money.


14 posted on 05/15/2012 12:48:13 PM PDT by Lurker (Violence is rarely the answer. But when it is it is the only answer.)
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To: stephenjohnbanker

20 trillion of debt, and WE are there too.


15 posted on 05/15/2012 12:48:52 PM PDT by stephenjohnbanker (God, family, country, mom, apple pie, the girl next door and a Ford F250 to pull my boat.)
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To: ctdonath2

But what about the Bailey Building and Loan?


16 posted on 05/15/2012 12:49:05 PM PDT by Veggie Todd (I don't mind you hitting me, Frank, but take it easy on the Bacardi.)
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To: ctdonath2

Greeks got the runs? Bad gyro meat, no doubt.


17 posted on 05/15/2012 12:49:55 PM PDT by henkster (Wanted: Politicians willing to say "No" to people. No experience required.)
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To: ctdonath2

Wow!

Exact same time, similar quote!!

Has that happened before??


18 posted on 05/15/2012 12:50:12 PM PDT by canuck_conservative
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To: stephenjohnbanker

Did you mean Obramney?


19 posted on 05/15/2012 12:50:25 PM PDT by Ingtar ("As the light begins to fade in the city on the hill")
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To: Veggie Todd

“But what about the Bailey Building and Loan?”

Potter is SELLING (actually, he’s buying).... 1946


20 posted on 05/15/2012 12:52:01 PM PDT by treetopsandroofs (Had FDR been GOP, there would have been no World Wars, just "The Great War" and "Roosevelt's Wars".)
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To: stephenjohnbanker

Conductor! We’re heading for a cliff!

Quick, ask the passengers if we should put on the brakes, making them uncomfortable for a while and making a horrific screaching noise.

Sir, they said “no”.

OK. Cliff it is.


21 posted on 05/15/2012 12:52:56 PM 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
Link

"Greek depositors withdrew 700 million euro from the nation's local banks recently, said President Karolos Papoulias, though the exact timing of the transfer was unclear."

22 posted on 05/15/2012 12:52:56 PM PDT by ctdonath2 (Cloud storage? Dropbox rocks! Sign up at http://db.tt/nQqWGd3 for 2GB free (and I get more too).)
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To: ctdonath2

Greece has got the runs, alright. The fun’s just getting started.


23 posted on 05/15/2012 12:53:23 PM PDT by Noumenon (If people saw socialists for what they truly are, slaughter would ensue - in self-defense.)
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To: ctdonath2

24 posted on 05/15/2012 12:53:54 PM PDT by xp38
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To: stephenjohnbanker

We’re apparently W-A-Y past $20 trillion, sjb. More like $100 trillion, I’ve read.

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/12/30_John_Williams__The_US_Has_$100_Trillion_in_Debts_%26_Obligations.html


25 posted on 05/15/2012 12:56:11 PM PDT by carriage_hill (All liberals & most demoncraps think that life is just a sponge bath, with a happy ending.)
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To: xp38

Greece is the now the carnary of the west.


26 posted on 05/15/2012 1:00:37 PM PDT by Biggirl ("Jesus talked to us as individuals"-Jim Vicevich/Thanks JimV!)
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To: dfwgator

Just guns, the others will follow...................


27 posted on 05/15/2012 1:02:10 PM PDT by Red Badger (Think logically. Act normally.................)
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To: Veggie Todd

Yeah, too bad about that. I hear the Bank Examiner was going to send George to prison and shut it down.

I fully intend to watch the end of that movie someday to see if anything else happened.


28 posted on 05/15/2012 1:02:17 PM PDT by Resettozero
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To: ctdonath2

If this is the big one, we’ve got about a year to get prepared here in america...IMO


29 posted on 05/15/2012 1:02:48 PM PDT by mamelukesabre
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To: xp38

A picture of the worth of 700 million Euros?


30 posted on 05/15/2012 1:03:33 PM PDT by milagro (There is no peace in appeasement.)
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To: ctdonath2

Same as in Argentina 10 yrs ago. Get your cash out before it is devalued or your bank goes on extended holiday.


31 posted on 05/15/2012 1:05:12 PM PDT by Buckeye McFrog
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To: henkster
Bad gyro meat, no doubt

Euro, gyro, it's all going bad. :(

32 posted on 05/15/2012 1:05:54 PM PDT by ez (When you're a hammer, everything looks like a nail.)
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To: henkster

Montezuma’s Revenge on Greece?


33 posted on 05/15/2012 1:06:16 PM PDT by Jack Hydrazine (It's the end of the world as we know it and I feel fine!)
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To: ctdonath2

34 posted on 05/15/2012 1:06:53 PM PDT by Servant of the Cross (the Truth will set you free)
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To: MrB

35 posted on 05/15/2012 1:07:57 PM PDT by Roccus
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To: MrB

But will they turn on the ‘smoking allowed’ sign before going over the cliff?

Smoke ‘em if you got ‘em!


36 posted on 05/15/2012 1:08:29 PM PDT by Jack Hydrazine (It's the end of the world as we know it and I feel fine!)
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To: carriage_hill

Try more like $150 trillion.


37 posted on 05/15/2012 1:09:08 PM PDT by Jack Hydrazine (It's the end of the world as we know it and I feel fine!)
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To: mamelukesabre

Greece today. Portugal tomorrow. Des Moines ???


38 posted on 05/15/2012 1:09:19 PM PDT by donozark (I survived the Battle of Kimchi Ridge. The gas! The GAS! It was horrible!)
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To: carriage_hill

Almost. Add up all debt unfunded liabilities of all levels of government and you get about 140 trillion ........


39 posted on 05/15/2012 1:10:34 PM PDT by Kozak (The means of defence against foreign danger, have been always the instruments of tyranny at home JM)
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To: Servant of the Cross

Pic from when?


40 posted on 05/15/2012 1:11:41 PM PDT by ctdonath2 (Cloud storage? Dropbox rocks! Sign up at http://db.tt/nQqWGd3 for 2GB free (and I get more too).)
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To: ctdonath2

Oh my goodness. You two just said the same thing, the same second of time.

I don’t believe that was a coincedence!


41 posted on 05/15/2012 1:11:46 PM PDT by chuck_the_tv_out
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To: treetopsandroofs

Potter = Soros?


42 posted on 05/15/2012 1:11:54 PM PDT by Average Al (Forbidden fruit leads to many jams.)
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To: Resettozero
I fully intend to watch the end of that movie someday to see if anything else happened.

Did you know there was a Lost Ending?

It's a Wonderful Life - The Lost Ending

43 posted on 05/15/2012 1:12:12 PM PDT by dfwgator
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To: donozark
Looks like silver has the runs, too!


44 posted on 05/15/2012 1:12:46 PM PDT by Jack Hydrazine (It's the end of the world as we know it and I feel fine!)
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To: donozark

Politically, this could be a boost to fiscal conservatives in November. A bankrupt Greece, fighting on the streets between the fascists and communists, etc., will not play well with voters. Austerity is going to sell a lot better than more left-wing stimulus.


45 posted on 05/15/2012 1:12:52 PM PDT by Bruce Campbells Chin
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To: donozark

The great plains area of north america will be the last to suffer. East and west coasts will be the first, followed by the gulf, southwest, and the great lakes areas.


46 posted on 05/15/2012 1:14:38 PM PDT by mamelukesabre
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To: chuck_the_tv_out; canuck_conservative

I’m sure a LOT of people were thinking the same thing at that second.

Don’t forget to pick up an extra 50 pounds of flour or rice at Costco on the way home, that $17 purchase will be worth a lot soon...


47 posted on 05/15/2012 1:14:54 PM PDT by ctdonath2 (Cloud storage? Dropbox rocks! Sign up at http://db.tt/nQqWGd3 for 2GB free (and I get more too).)
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To: Jack Hydrazine

I guess the explanation for that would be that silver isn’t going down, the dollar is going up because all those greeks are putting their money in american banks.


48 posted on 05/15/2012 1:15:58 PM PDT by mamelukesabre
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To: ctdonath2

Worm-ranching. I can worm ranch, starting today. If they’re good enough for the robins and catfish, I can eat ‘em too.


49 posted on 05/15/2012 1:17:26 PM PDT by txhurl (Thank you, Andrew Breitbart. In your untimely passing, you have exposed these people one last time.)
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To: mamelukesabre

Good point. Dollars are worth more when the integrity of the euro is in doubt.


50 posted on 05/15/2012 1:17:44 PM PDT by ctdonath2 (Cloud storage? Dropbox rocks! Sign up at http://db.tt/nQqWGd3 for 2GB free (and I get more too).)
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