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Wall Street briefly falls further on Obama stalemate comments
Yahoo! Finance ^ | 10/8/2013 | Reuters

Posted on 10/08/2013 12:21:16 PM PDT by Brown Deer

NEW YORK (Reuters) - U.S. stocks briefly extended losses in late afternoon on Tuesday as President Barack Obama spoke about the political stalemate in Washington.

The Nasdaq dropped more than 2 percent during his remarks.

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: Business/Economy; Extended News; News/Current Events; Politics/Elections
KEYWORDS: budget; deadbeat; dictator; obama

1 posted on 10/08/2013 12:21:16 PM PDT by Brown Deer
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To: Brown Deer
Bastard !
2 posted on 10/08/2013 12:22:24 PM PDT by Eric in the Ozarks ("Say Not the Struggle Naught Availeth.")
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To: Brown Deer

Our Kenyan/Indonesian president won’t be content until the American economy lies in ruins, making it easy for him to foment his Marxist revolution.


3 posted on 10/08/2013 12:23:20 PM PDT by Jack Hammer (American)
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To: Eric in the Ozarks

There is no profanity adequate for this Marxist.


4 posted on 10/08/2013 12:23:58 PM PDT by ExTexasRedhead
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To: Brown Deer

Listen folks the markets are being manipulated for his nefarious agenda and those who control him. i.e. George Sorros.


5 posted on 10/08/2013 12:24:36 PM PDT by American Constitutionalist
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To: Brown Deer

He’s a jerk.

His number one priority is to punish the American people.

Whether it be through his 0bamarx-care, crashing the stock market, taking over whole industries, using armed thugs to confront tourists and veterans in federal parks, borrowing and spending the nation into penury, or transforming the military into a collection of violent misfits and perverts who would happily fire on normal Americans.

This is not going to end well.


6 posted on 10/08/2013 12:25:16 PM PDT by Westbrook (Children do not divide your love, they multiply it.)
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To: Eric in the Ozarks
Bastard !

Brief, to the point, and accurate.

I have never seen a President who so disliked the country and her people, that he would make decisions based on how much pain he could inflict upon the populace. The man is a disgrace, and I use the term "man" as denoting age; for, as far as I can tell, he is a man-child; someone who was spoiled all his life, who accomplished much thru grade-inflation and has never had anyone disagree or say no to him.

7 posted on 10/08/2013 12:25:48 PM PDT by LibertarianLiz
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To: Brown Deer

8 posted on 10/08/2013 12:26:14 PM PDT by Liberty Valance (Keep a simple manner for a happy life :o)
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To: Brown Deer

Why do you think he takes to television? Drive down the markets or the stalemate continues. Follow the money.


9 posted on 10/08/2013 12:26:55 PM PDT by sarasota
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Comment #10 Removed by Moderator

To: American Constitutionalist

I got out when the dow was around 15,400. As they continue to print money I’m sure it will go to 20,000 or more, but from here on out, it’s all about real estate, PM’s and anything tool like. This would include my quad runner and chain saw.


11 posted on 10/08/2013 12:29:03 PM PDT by cuban leaf
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To: American Constitutionalist
the markets are being manipulated...

Absolutely. Sovereign funds belonging to hostile nations can easily move the market. What used to be an indicator of domestic economic health is now nothing but a horse track frequented by rich foreigners.
12 posted on 10/08/2013 12:29:40 PM PDT by SpaceBar
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To: F15Eagle

He’s a hater; he hates himself and he hates anyone who is in any way normal. Destruction is what haters do.


13 posted on 10/08/2013 12:30:16 PM PDT by Jack Hammer (American)
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To: Brown Deer

The entire system is in need of massive intervention. The Senate has proven it cannot budget or spend the people’s money responsibly. It is no different than a business or a household that is addicted to spending and debt.

Keep it shut down until professionals can take over and put a workable budget together.


14 posted on 10/08/2013 12:30:52 PM PDT by Gabrial (The nightmare will continue as long as the nightmare is in the Whitehouse.)
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Comment #15 Removed by Moderator

To: Jack Hammer

The denizens of the territory once known as “the United States of America” are so much better off when the Current Occupant now squatting in the White Hut just stops talking.

He ceased being a positive factor long ago. Nothing he has done since assuming the mantle of “President” has any lasting social or economic benefit for the ideal that the term “American” once meant.

Oh, there are still the forms and symbols, but increasingly, access to any of the historically normal activities that once constituted our daily lives is being severely curtailed, if not prohibited altogether.

Try to visit a national park, and you run into “Barrycades” everywhere. And the “Barrycades” are just a symptom of the much deeper moral and economic malaise that pervades every facet of our lives today.


16 posted on 10/08/2013 12:33:07 PM PDT by alloysteel (Those who deny natural climate change are forever doomed to stupidity. AGW is a LIE.)
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To: Brown Deer
Up until Obama opened his mouth the markets could expect the debt service would be paid as always, regardless of anything the House does. Now they sense Obama may contrive to default in the spirit of a man who burns his own house to create an eyesore for his neighbors.
17 posted on 10/08/2013 12:41:02 PM PDT by Brad from Tennessee (A politician can't give you anything he hasn't first stolen from you.)
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To: cuban leaf
Yes investment is a wise thing, however ? now ? I am not in the market either.

18 posted on 10/08/2013 12:41:43 PM PDT by American Constitutionalist
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To: F15Eagle

Also ? don’t build your house on sinking sand.


19 posted on 10/08/2013 12:42:17 PM PDT by American Constitutionalist
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Comment #20 Removed by Moderator

To: Liberty Valance
But denying the protection from cancer or the Amber alert.

Chime in the old Soviet Nation Anthem....

Thank you dear leader Mao Ze Obie for caring for somethings, but not caring for others..
21 posted on 10/08/2013 12:45:11 PM PDT by American Constitutionalist
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To: Brown Deer

The market is still doing badly. He drove it down further today than he did in his last market-bashing speech a few days ago. I follow the Cubes as a good broad market indicator:

http://stockcharts.com/h-sc/ui?s=QQQ&p=D&yr=0&mn=4&dy=0&id=p24903662436&cmd=print


22 posted on 10/08/2013 12:46:07 PM PDT by Cicero (Marcus Tullius)
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To: F15Eagle

Then ..... reality happens..


23 posted on 10/08/2013 12:47:04 PM PDT by American Constitutionalist
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To: Brown Deer

He is a maroon!


24 posted on 10/08/2013 12:48:14 PM PDT by b4its2late (A Liberal is a person who will give away everything he doesn't own.)
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To: F15Eagle
This man is here to destroy America.


25 posted on 10/08/2013 12:48:59 PM PDT by Paine in the Neck (Is John's moustache long enough YET?)
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Comment #26 Removed by Moderator

To: Brown Deer

King Barry is deliberately and slowly nudging our economy to collapse. Under the King’s orders, the media is anxious to blame the Tea Party for America’s economic collapse just as they blamed Bush in 2008. The Marxocrats are setting themselves up for a landslide victory in 2016, if indeed elections still exist in this country by then.


27 posted on 10/08/2013 12:54:17 PM PDT by Obama_Is_Sabotaging_America (If Americans were as concerned for their country as Egyptians are, Obama would be ousted!)
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To: Brown Deer

After his comments last week about the lack of response by the markets, d’ya think maybe all his gabbing on camera is his effort to make the markets plunge. You don’t have to answer.


28 posted on 10/08/2013 12:56:17 PM PDT by Chaguito
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To: Paine in the Neck

I like your eagle graphic, but.. Is the one on the right still standing? That’s a bit optimistic, doncha think?


29 posted on 10/08/2013 12:56:32 PM PDT by Obama_Is_Sabotaging_America (If Americans were as concerned for their country as Egyptians are, Obama would be ousted!)
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To: American Constitutionalist

Doubt it. Heard a free market investor type today say the markets were due for a correction and this is a good excuse.


30 posted on 10/08/2013 12:59:12 PM PDT by LS ('Castles made of sand, fall in the sea . . . eventually.' Hendrix)
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To: F15Eagle

But by God’s grace fracking is helping to keep America’s economy afloat.


31 posted on 10/08/2013 1:00:34 PM PDT by American Constitutionalist
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To: Obama_Is_Sabotaging_America
Is the one on the right still standing?

Pillar of salt, perhaps? Shouldn't have looked at Obama.

32 posted on 10/08/2013 1:04:21 PM PDT by Paine in the Neck (Is John's moustache long enough YET?)
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Comment #33 Removed by Moderator

To: American Constitutionalist

and the bankers and the investment houses. You have no idea how deep this runs (maybe you do)...;)


34 posted on 10/08/2013 1:09:37 PM PDT by seeker41 (take your country back by whatever means necessary)
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To: seeker41

Some guy on Cavuto said Obama and his statements are crazy.


35 posted on 10/08/2013 1:10:28 PM PDT by Toespi
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To: seeker41

It runs deep as the stench of sewage.


36 posted on 10/08/2013 1:11:08 PM PDT by American Constitutionalist
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To: Toespi

He was right...worse then crazy-plain evil. He had a few slips that show his true nature.


37 posted on 10/08/2013 1:15:16 PM PDT by seeker41 (take your country back by whatever means necessary)
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To: Brown Deer

Obama doesn’t care about the country, he only cares about who gets blamed. Which is why he lies.


38 posted on 10/08/2013 1:15:34 PM PDT by popdonnelly (The right to self-defense is older than the Constitution.)
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To: Gabrial

Different from.


39 posted on 10/08/2013 2:14:59 PM PDT by arthurus (Read Hazlitt's Economics In One Lesson ONLINEhttp://steshaw.org/economics-in-one-lesson/)
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To: Obama_Is_Sabotaging_America

Elections will still exist. Totalitarians always have “elections.” With Democrat control of the touch screen voting machines and easy manipulation of other electronic machines I think 2016 is a foregone conclusion and I am not optimistic about 2014 whatever the polls might show.I think the last presidential election was tweaked pretty heavily. That worked well and was accepted by the populace so the obvious progression is manipulation of Congressional contests. If there is any subtlety on the left the Republicans will maintain “control” of the House but by a small enough margin that the actual control will be with the Democrats and their 20 or so nominally Republican allies.


40 posted on 10/08/2013 2:23:54 PM PDT by arthurus (Read Hazlitt's Economics In One Lesson ONLINEhttp://steshaw.org/economics-in-one-lesson/)
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To: Chaguito

If he can really crash the market, 50% say, then I think inflation will take off big time and that old bugbear of the Left, the middle class, will rapidly fall into penury.


41 posted on 10/08/2013 2:27:04 PM PDT by arthurus (Read Hazlitt's Economics In One Lesson ONLINEhttp://steshaw.org/economics-in-one-lesson/)
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To: seeker41

Well, he is a mohammedan. He said he is on a couple of occasions, actually.


42 posted on 10/08/2013 2:28:46 PM PDT by arthurus (Read Hazlitt's Economics In One Lesson ONLINEhttp://steshaw.org/economics-in-one-lesson/)
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