Dow down 512 points today and over 1200 in the last 10 days

Joe wrote: Ughh down 500 at the close. Ugly day.

Bet the Scotch is flowing tonight at the bars near Wall St. LOL

Good call VL, to buy at -300, now its -500!

Yeah VL is the last person ever to take advice from as he just proved again.

The Viking wrote:

archer wrote: Ahhhhh yes, when you have no reasonable response bring out the cartoons. You conservatives ARE a cartoon.....but no one is laughing anymore. The coming collapse just ain't funny.

You are way too slow to comunicate with like an adult. THAAAATTTT WAAAAASN'T AAAAAAA JOOOOOOKKKE! It wasn't suppose to be funny. It is was you are proposing. Just give more money when Obama wants it and don't worry about the spending for the next budget.

I now think it was funny.....sounded like the Tea Party....It's ok if we let the nation default on it's debt......we'll be able to pay it in a few years after we balance our budget.....or Hey FAA......we're going to fly home, but we're not going to pay your salaries till were done with our vacation because we don't like the Democrats.


yep, I take back what I said.....it was indeed funny.

DOW down more than 500 points for the day.
Worst day since 2008.

Tomorrow - the jobs report comes out!
http://chart.finance.yahoo.com/instrument/1.0/%5EDJI/chart;range=1d/image;size=239x110
http://finance.yahoo.com/news/Dow-average-plunges-513-worst-apf-169769799.html?x=0

Wow, what a surprise...

After warning the GOP terrorists over and over again that were going to crash the market with their hostage-taking b.s., the market tanks....

You can hear the surprise in *MY* voice....

Oh, wait... Yeah, it's Obama's fault for not giving in to the terrorist's demands... My bad.... :VeryScared:

After warning the GOP terrorists over and over again that were going to crash the market with their hostage-taking b.s., the market tanks....

UHH News Flash LJ....

The GOP RAISED the debt limit!

Just like all you socialists wanted.

Fool.

BearMtnHIB wrote:

After warning the GOP terrorists over and over again that were going to crash the market with their hostage-taking b.s., the market tanks....

UHH News Flash LJ....

The GOP RAISED the debt limit!

Just like all you socialists wanted.

Fool.

too little, too late.

News flash BearMtnHIB.....the GOP refused to add revenue increases to the mix, just like the "socialists" knew would be required to actually make a down payment on lowering the deficit. Investors know we're headed for a hard fall.....

Too little huh? So archer, do you think if we raised the debt cieling to 20 trillion, that would give global investors confidence that we are on a good track to fixing our problem?

I think this quote says it all:

We contend that for a nation to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle.Winston Churchill

CriticalBill wrote: Too little huh? So archer, do you think if we raised the debt cieling to 20 trillion, that would give global investors confidence that we are on a good track to fixing our problem?

Oh please....where did I ever, ever, recommend raising the debt ceiling more? It shouldn't be as high as it is, we should have been raising revenue and eliminating the tax cuts and cutting spending across the board already......but still we dither on making NO progress. Investors would be more confident about the path we are on if we would just do the right thing and show a willingness to work together and put EVERYTHING on the table, not just what the Tea Party is willing to do.

I haven't read a single news article or opinion that says this drop in the market had anything to do with the debt ceiling BS. It seems to be related to the deteriorating economic numbers and Europe's unsolved debt problem. Does anyone have a link to an article blaming it on the debt ceiling? Other than the Huffing and Puffing post?

archer wrote:

The Viking wrote:

archer wrote: Ahhhhh yes, when you have no reasonable response bring out the cartoons. You conservatives ARE a cartoon.....but no one is laughing anymore. The coming collapse just ain't funny.

You are way too slow to comunicate with like an adult. THAAAATTTT WAAAAASN'T AAAAAAA JOOOOOOKKKE! It wasn't suppose to be funny. It is was you are proposing. Just give more money when Obama wants it and don't worry about the spending for the next budget.

I now think it was funny.....sounded like the Tea Party....It's ok if we let the nation default on it's debt......we'll be able to pay it in a few years after we balance our budget.....or Hey FAA......we're going to fly home, but we're not going to pay your salaries till were done with our vacation because we don't like the Democrats.


yep, I take back what I said.....it was indeed funny.

WOW you are slow. Not at all what I said. Takes too much time and effort to explain things to you.