General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsWatch the stock market between now and election day
They don't give a flying fugg - they want power.
madokie
(51,076 posts)it tore them up when tricky dick was forced to resign. Then they told us who were listening that this is the direction they'd be going in in the future and they've been on a burn the wagons crusade since then. Did not work with Carter and vowed to not work with Clinton and Obama both. They've worked against all three of these Presidents and out right told us they wouldn't with the last two Dems. My memory bank comes up short on whether they told us out right how they'd be against Carter or not. but I still remember what bob dole and mitch mcConnell said.
The supremes did all they could with their last none ruling. Pukes and the god and guns folks are dead set against gay marriage and you can bet they will be out in force this election, exactly what the majority in the SC knew would happen with their non decision. I just hope that doesn't sink us but I'm afraid it just might.
I don't doubt one bit that wall street will do all they can to throw a wrench in the works now too.
malaise
(269,020 posts)The stock market took a wild ride downard on Thursday, with the Dow Jones industrial average plunging more than 300 points. Energy stocks fell sharply as the price of oil dropped again.
KEEPING SCORE The Dow dropped 334.97, or 2 percent, to close at 16,659.25, according to preliminary figures. The Standard and Poors 500-stock index fell 40.68 points, or 2.1 percent, to 1,928.21. The Nasdaq composite index fell 90.26 points, or 2 percent, to 4,378.34.
The losses were widespread. All 10 sectors of the S.&P. 500 were lower and all of the Dows 30 members were in the red. The plunge came a day after the market had its biggest gain of the year.
DRAINED OF ENERGY A large part of Thursdays selling occurred in energy stocks, particularly oil and coal companies, as the price of oil continued a multiweek decline. The energy sector of the S.&P. 500 fell more than 3.5 percent, far more than the rest of the market. Exxon Mobil and Chevron, the nations two largest oil and gas companies, each fell nearly 3 percent.
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Nice post
madokie
(51,076 posts)rich assholes don't like the working stiffs and damn sure don't like us who are past our working years.
yeoman6987
(14,449 posts)Always has been. If it goes down 20 percent which it is past due to. Then buy up some cheap stocks. The only ones who lose money are those who sell.......DON'T!!!!!!!!!!! Why they do that is a mystery to me.
kelliekat44
(7,759 posts)they want to. Too much good economic news has come out lately so they have to do something about it. But the stock market manipulation will affect stock holders, not the masses who are already are making it on very little.
Most of the 1% really love the profits they have made but they hate Obama more than they love America.