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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?


To: Kenneth E. Phillipps who wrote (87002)7/2/2010 12:56:18 PM
From: MJ3 Recommendations  Read Replies (2) | Respond to of 224906
 
Wrong Kenneth!!!

No inflation?????

The cooks in our families no different-------inflation has hit our pantries.

A pound can of food is now a 12 ounce size; a frozen package of green beans has gone from 1 pound to 12 ounces and in some cases 8 ounces.

The packaging is still expensive while the ingredients are less and prices increased.

On and on-------



To: Kenneth E. Phillipps who wrote (87002)7/2/2010 6:39:58 PM
From: chartseer  Respond to of 224906
 
oh bummer! Usually in a period of deflation one doesn't see inflation not exempting food and energy. The inflation will follow. You will see inflation similar to that of germany post WWI.

Don't worry! Be happy!

the stupid hopeless comrade chartseer in the new era of deflation and run away spending



To: Kenneth E. Phillipps who wrote (87002)7/2/2010 6:48:40 PM
From: Hope Praytochange  Respond to of 224906
 
Dow's Losing Streak Hits Seven

By Peter A. McKay

The Dow Jones Industrial Average ticked off a string of ignominious markers on Friday. Among them: the longest losing streak since the dark days of the financial crisis.

The Dow slipped 46.05 points, or 0.5%, to 9686.48, its seventh straight decline and longest losing streak since the eight-day fall ended Oct. 10, 2008.

The benchmark tumbled 4.5% for the week, its worst weekly percentage drop since the week of the May 6 "flash crash."

The weekly percentage drop also represented the worst performance for any week leading up to the July 4th weekend since 1896. The S&P 500 and the Nasdaq put in similarly bleak performances.

The declines came on relatively muted volume ahead of the July 4 holiday weekend. Just over 4 billion shares had traded hands in New York Stock Exchange Composite volume, well shy of the 2010 daily average of 5.4 billion shares.

All in all, it was not a great week for stocks. Worries have been mainly driven be renewed anxiety about the U.S. economy. Those fears were kept alive Friday by a report showing the first drop in U.S. nonfarm payrolls so far this year.

"The only thing that would have been surprising is if it had been a good number," said strategist Stephen Wood of Russell Investments in New York.

Consumer-discretionary companies led the market's decline as investors worried about how the drop in payrolls might hurt already weak consumer and business spending.

Worries about the economy fed into the currency markets, where the dollar slipped against the euro. The euro ended Friday afternoon at $1.2550, up from $1.2386 a week earlier.

Treasurys fell, but gained on the week as concerns percolated about a second half slowdown in the U.S.

Write to Peter A. McKay at peter.mckay@wsj.com

Read more: Dow's Losing Streak Hits Seven - Investing - Stocks - SmartMoney.com smartmoney.com



To: Kenneth E. Phillipps who wrote (87002)7/2/2010 11:40:42 PM
From: Hope Praytochange  Respond to of 224906
 
breitbart.tv