Obama is victorious, and the markets are responding by selling off.
An Early 300-Point Plunge Pulls Dow Back Below 13,000
Stocks plunge after election; Europe woes deepen
The Obama Dump
Obama is victorious, and the markets are responding by selling off.
An Early 300-Point Plunge Pulls Dow Back Below 13,000
Stocks plunge after election; Europe woes deepen
"Power tends to corrupt, and absolute power corrupts absolutely." - Lord Acton
"Foreign aid is taking money from the poor people of a rich country, and giving it to the rich people of a poor country." - Ron Paul
"Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety." - Benjamin Franklin
"Beware the Military-Industrial-Financial-Corporate-Media-Government Complex." - B4L update of General Dwight D. Eisenhower
"Government is not the solution to our problem; government is the problem." - Ronald Reagan
"The only thing we have to fear is fear itself, and we must reject those who spread fear." - B4L update of FDR
"The Ministry of Truth can turn on a dime, and the fury of the ignorant masses can be redirected at will." - B4L
"Marxists become Fascists the minute they become rich, yet they retain the Marxist rhetoric." - B4L
"Debt is the drug, Wall St. Banksters are the dealers, and politicians are the addicts." - B4L
"Thing is, the world is full of a**holes." - ACPTulsa
Twitter: B4Liberty@USAB4L
Some think this is more a reaction to Europe than a reaction to Obama. European markets were down by a similar amount. The US political concern is the threat of the "financial cliff" if budget reductions cannot be agreed on by the end of the year and the basic players in the budget battle (which engaged in brinkmanship on the Debt Ceiling debate) are the same- Obama president, Democratic Senate with Republicans enough to fillibuster and a Republican House. Nothing really changed.
http://www.huffingtonpost.com/2012/1...n_2088108.html
Stock Markets Slide As Europe Slashes Its Growth Forecast
Freedom is a state of mind. Nobody can take that from you unless you let them.
Lol! Now that is funny. Europe has been a disaster for years. This was about Obama.Originally Posted by Zippyjuan
"Power tends to corrupt, and absolute power corrupts absolutely." - Lord Acton
"Foreign aid is taking money from the poor people of a rich country, and giving it to the rich people of a poor country." - Ron Paul
"Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety." - Benjamin Franklin
"Beware the Military-Industrial-Financial-Corporate-Media-Government Complex." - B4L update of General Dwight D. Eisenhower
"Government is not the solution to our problem; government is the problem." - Ronald Reagan
"The only thing we have to fear is fear itself, and we must reject those who spread fear." - B4L update of FDR
"The Ministry of Truth can turn on a dime, and the fury of the ignorant masses can be redirected at will." - B4L
"Marxists become Fascists the minute they become rich, yet they retain the Marxist rhetoric." - B4L
"Debt is the drug, Wall St. Banksters are the dealers, and politicians are the addicts." - B4L
"Thing is, the world is full of a**holes." - ACPTulsa
Twitter: B4Liberty@USAB4L
The Market Sell-Off has Begun
300 points off the DOW so far. With capital gains going up (up to 20 percent) and with the regulatory noose tightening in a myriad of sectors, expect the sell-off to be steady until the end of the year. Some analysts are speculating an end of the year S&P 500 of 1250.
Last edited by AuH20; 11-07-2012 at 11:30 AM.
“Our illegal population alone exceeds the all the Irish, Jewish and British immigrants who came. Each year, we catch more people breaking in at the border than all the Swedes and Norwegians who came to America in 200 years. Half a million illegal aliens succeed in breaking in every year, more than all the Greeks or Poles who came legally from the Revolution to 1960..” - Patrick J. Buchanan
lololol
Currently moving back up- DOW is up 100 from its low for the day.
Freedom is a state of mind. Nobody can take that from you unless you let them.
gold at a 3 week high
I hope silver explodes, I have a ton of it.
“Our illegal population alone exceeds the all the Irish, Jewish and British immigrants who came. Each year, we catch more people breaking in at the border than all the Swedes and Norwegians who came to America in 200 years. Half a million illegal aliens succeed in breaking in every year, more than all the Greeks or Poles who came legally from the Revolution to 1960..” - Patrick J. Buchanan
Quiz: Test Your "Income" Tax IQ!
"No man escapes when freedom fails; The best men rot in filthy jails. And those that cried 'Appease! Appease!' Are hanged by those they tried to please." Author Unknown
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