Dow Jones down -300 points....WTF

tttalinky's Avatar
With all the news last night on the presidential election why is the Dow down so much?
LexusLover's Avatar
With all the news last night on the presidential election why is the Dow down so much? Originally Posted by tttalinky
http://news.yahoo.com/futures-fall-f...--finance.html


Sandy was "news" too!
Iaintliein's Avatar
OK, a rhetorical question I assume?
LexusLover's Avatar
OK, a rhetorical question I assume? Originally Posted by Iaintliein
Only for those who are celebrating the annoy-ntment.

12,961.92-283.76-2.14%

07Nov12 @ 1110 hours EST
With all the news last night on the presidential election why is the Dow down so much? Originally Posted by tttalinky
The robber barons are unhappy.
markroxny's Avatar
The robber barons are unhappy. Originally Posted by timpage
Bingo
LexusLover's Avatar
The robber barons are unhappy. Originally Posted by timpage
I take it you have no retirement plan established .....

.... and will therefore rely on SS for your support during retirement. Enjoy.

... Don't whine when your newly re-elected "community organizer" bails out the Union pension plans (AGAIN) with taxpayer dollars because the market tanked. Oh Wait!

He must get the House to agree to it!!!!!!!!!!!!!!!!!!!!

SEE3772's Avatar
The robber barons are unhappy. Originally Posted by timpage
The 'robber barons' funded both Obama and Romney.
WIN WIN either way!

Been a good day for me...
Doove's Avatar
  • Doove
  • 11-07-2012, 01:13 PM
With all the news last night on the presidential election why is the Dow down so much? Originally Posted by tttalinky
Because the Republicans still control the House.
CJ7's Avatar
  • CJ7
  • 11-07-2012, 01:14 PM
With all the news last night on the presidential election why is the Dow down so much? Originally Posted by tttalinky

europe is in the shitter and the (wall) street sweepers didnt get a return on their romney investment ... pay no attention ... the bottom feeders will let the market slack off and when the price is right, swoop in and make plenty of $$ ..



NEW YORK (AP) --
Stocks are sharply lower today on Wall Street following the presidential election and dire warnings from Europe that a broad recession there is now all but certain.

Index futures were higher early Wednesday but reversed course after the European Union slashed its growth forecast for next year, sending European stock markets sharply lower.

The Dow Jones industrial average fell almost 200 points shortly after the opening bell and were more than 300 points lower by lunchtime.

The Standard & Poor's 500 index and the Nasdaq composite are lower today as well.

European markets gave up early gains and turned sharply lower.

Investors are also worried about what Washington will do about looming tax increases and government spending cuts
Now those robber barons are gonna lay your ass off and you'll lose your house! HA! HA! HA! HA! HA! HA! HA! HA! HA! HA! At least you can live in Valerie Jarrett's welfare housing! HA! HA! HA! HA! HA! HA! HA!

You lost yours....tough shit! HA! HA! HA! HA! HA! HA! HA!
LexusLover's Avatar
Investors are also worried about what Washington will do about looming tax increases and government spending cuts Originally Posted by CJ7
I think they are not "worried" any more. I think they now KNOW what "Washington" will do about looming tax increases and government spending".....!!!

Tax payers get it from both ends .. plus "looming" inflation*.....

*suppliers and retailers have to raise prices to pay for the "looming tax increases and government spending" ....... you remember? The "rich people"?

That's why "we" (over here) balanced our budget, paid off our debt, and established a surplus of liquidity to bridge any gap in revenues in the event that things get much worse than anticipated ... with a reserve to pay off any mortgages ... **

... called an economic plan for the future!

"They" apparently don't study that much on the Harvard Law Review or in Constitutional Law classes ... or its not learned while "organizing communities" ... sorry.

** Of course, we had to get off our collective asses and go to work to do it, since when we wake up in the morning (most of the time quite early) we are not looking for our next handout from some overfunded, overextended, and overstaffed entitlement agency.

All enjoy now ... keep your hands out and open!
Right now it is Europe stupid...
LexusLover's Avatar
Right now it is Europe stupid... Originally Posted by ekim008
of course it is .... kinda hard to blame Bush still.

Now you and the rest who voted for Obaminable carry the burden of the blame.
kinda hard to blame Bush still. Originally Posted by LexusLover
Has the "blame Bush" statute of limitations expired? If so, why are you still blaming Clinton?

Oh yeah, I forgot. It's ok for you to blame Clinton, 'cuz you're a Democrat!