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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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To: GSWarrior

Yep. Goldwater, Birch, and McCarthy were correct. The tentacles of the enemy within run deep.


81 posted on 05/15/2012 2:35:10 PM PDT by khelus
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To: ctdonath2

The withdrawals have been averaging 2 to 3 billion Euros per month, and today it was 700 million euros in just one day.


82 posted on 05/15/2012 2:44:16 PM PDT by prairiebreeze (Don't be afraid to see what you see. -- Ronald Reagan)
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To: ctdonath2
This will blow your doors off, an embedded link at the cnbc site that's a slide show of the largest debtor nations:

The World’s Biggest Debtor Nations

Northern Euro is even more broke than we are (Sweden, Netherlands, Finland - even Germany at 184% of GDP, the UK @ 451%, and especially Ireland @ 1,240% - YIKES!!!)

83 posted on 05/15/2012 2:48:18 PM PDT by uncommonsense (Conservatives believe what they see; Liberals see what they believe.)
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To: ctdonath2; blam; Quix; Alamo-Girl; M. Espinola; whitedog57; stephenjohnbanker; Chunga85; All
Bilderberg is terrified not only that Greece will exit the euro, but that in doing so it will go on to see a massive economic rebound and become an example for other eurozone countries to follow the same course

We need about 100,000 people to show up and protest the Bilderberg meeting -- the secretive cabal is meeting at the Westfields Marriott Washington Dulles hotel in Chantilly, Virginia from May 31st to June 3rd.

84 posted on 05/15/2012 3:03:23 PM PDT by ex-Texan (Ecclesiastes 5:10 - 20)
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To: GSWarrior

“It’s gonna take a lot more than just getting rid of Obama, I’m afraid.”

Very true. And I wish more people would see that.


85 posted on 05/15/2012 3:03:37 PM PDT by MichaelCorleone (Forget the GOP and build the Constitution Party, because the status quo is no longer the way to go.)
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To: Kozak; Jack Hydrazine

A trillion here, a trillion there; pretty soon you’re talking some real money.

$140-150 trillion; yes, I easily believe those numbers.


86 posted on 05/15/2012 3:05:34 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: winodog
The people in charge are pure evil and have no qualms whatsoever when it comes to tens of millions starving to death ...

It's not that they "have no qualms" about it; it's that they view it as a desirable outcome.

87 posted on 05/15/2012 3:07:26 PM PDT by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
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To: uncommonsense; ConorMacNessa; MEG33; lonestar

ping


88 posted on 05/15/2012 3:25:05 PM PDT by yorkie
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To: ctdonath2

WE’RE NEXT!
http://www.youtube.com/watch?v=EW5IdwltaAc&feature=youtube_gdata_player


89 posted on 05/15/2012 3:59:20 PM PDT by sanjuanbob (Festina Lente)
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To: Bruce Campbells Chin

I largely agree, and I live here in Europe (though not in the Eurozone proper).

The departure of Greece is absorbable, if painful, however the EU will let Greece go to serve as an example to the other profligates what’s going to happen to them if they don’t get their act together.

As to Greece, oh yeah, it’s going to suck to be them, especially in the near to medium time frame. Even if the Greeks went to the World Bank/IMF, those guys would likely impose austerity conditions just as harsh, and maybe even harsher. than what the Greeks are currently whining about.

Frankly, the Greeks should count themselves lucky it’s not me they owe these billions to; I’m slightly more draconian than Cosa Nostra when it comes to folks who owe me money. If I were the EU, by this time next week, Greece would be reduced to literal slavery, and the entire country would become a vassal state of it’s creditors. I’d also disarm its military, seize its shipping, impound its airlines. impound its gold reserves, and seize the assets of all Greek nationals living anywhere in the EU, including Greece. By the time I’d be done with them, the only thing left they would have is their lives.

Damn bunch of freeloaders.


90 posted on 05/15/2012 4:35:17 PM PDT by AnAmericanAbroad (It's all bread and circuses for the future prey of the Morlocks.)
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To: mamelukesabre

A run on the banks of Italy and Spain will occur the moment the EU does not stand behind Greece. This is the problem and it is coming very soon.


91 posted on 05/15/2012 5:30:33 PM PDT by cornfedcowboy (Trust in God, but empty the clip.)
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To: prairiebreeze

I don’t think the article claimed it was in one day. If it did happen in one day,then bank holidays will be scheduled for Monday and Tuesday.


92 posted on 05/15/2012 6:02:31 PM PDT by cornfedcowboy (Trust in God, but empty the clip.)
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To: Noumenon

Pulled all the liquid stuff out today. It aint much, but we got it.


93 posted on 05/15/2012 6:08:02 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

I think they went past socialism and into anarchy!


94 posted on 05/15/2012 6:24:54 PM PDT by Braak (The US Military, the real arms inspectors!)
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To: ex-Texan

What’s a protest gonna do? There will be much sound and fury signifying nothing when the participants to home.


95 posted on 05/15/2012 6:46:28 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

Nikkei’s continuing its month-long slide right now.


96 posted on 05/15/2012 6:51:49 PM PDT by P.O.E. (Pray for America)
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To: ctdonath2

Liberals listening to NPR tell me the economy is bad over there because no one pays taxes... Denial...


97 posted on 05/15/2012 7:02:16 PM PDT by JudgemAll (Democrats Fed. job-security Whorocracy & hate:hypocrites must be gay like us or be tested/crucified)
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To: txhurl

Robins, um, ok. But I don’t think you want to go further with “if they’re good enough for the catfish.” The best catfish bait(s)...

:-)


98 posted on 05/15/2012 7:05:29 PM PDT by Paul R. (We are in a break in an Ice Age. A brief break at that...)
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To: MrB

Uday and Qusay Hussein would hogue dollars making them extremely expensive on the black market. Then they would release them, Sorros style and make their profits and they would buy them back and make them illegal again.


99 posted on 05/15/2012 7:06:37 PM PDT by JudgemAll (Democrats Fed. job-security Whorocracy & hate:hypocrites must be gay like us or be tested/crucified)
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To: Jack Hydrazine

I’m buying.


100 posted on 05/15/2012 7:14:33 PM PDT by DeaconBenjamin (A trillion here, a trillion there, soon you're NOT talking real money)
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