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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 (114522)10/3/2011 7:58:52 PM
From: Hope Praytochange1 Recommendation  Respond to of 224884
 
Wall Street Closes Sharply LowerBy JOSHUA BRUSTEINPublished: October 3, 2011

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Wall Street closed sharply down on Monday as investors weighed positive news about the domestic economy against continued pessimism over Europe’s efforts to contain its sovereign debt problems, and went for the pessimism.

Related News Analysis: Toil and Trouble Over the Caldron That Is Greece(October 3, 2011) Greeks Move to Slash State Jobs for 30,000 (October 3, 2011)

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The Standard & Poor’s 500-stock index was down 2.85 percent, or 32.19 points, to 1,099.23, a 52-week low. The Dow Jones industrial average was off 258.08 points, or 2.36 percent, to close at 10655.30, its low for the year.

The Nasdaq composite index dropped 3.29 percent. The yield on the 10-year Treasury bond fell to 1.75 percent.

did you post firms trim pension ??? kenytroll is a real shithead



To: Kenneth E. Phillipps who wrote (114522)10/3/2011 9:26:51 PM
From: joefromspringfield4 Recommendations  Respond to of 224884
 
"American people are definitely better off than they were three years ago."

Yes some of them have a lot more free time today. Unemployment 4.7% August 2007 9.1% August 2011.





To: Kenneth E. Phillipps who wrote (114522)10/3/2011 9:42:39 PM
From: Sedohr Nod3 Recommendations  Read Replies (2) | Respond to of 224884
 
American people are definitely better off than they were three years ago.

That would explain all the lefty morons out in the streets disrupting commerce.



To: Kenneth E. Phillipps who wrote (114522)10/3/2011 10:01:58 PM
From: joefromspringfield4 Recommendations  Respond to of 224884
 
"American people are definitely better off than they were three years ago."

OK Ken lets see how Obama feels about it.

George Stephanopoulos, ABC News: "And a lot of anger out there. There's so many people who simply don't think they're better off than they were four years ago. How do you convince them that they are?"

President Obama: "Well, I don't think they're better off than they were four years ago. They're not better off than they were before Lehman's collapse, before the financial crisis, before this extraordinary recession that we're going through. I think that what we've seen is that we've been able to make steady progress to stabilize the economy, but the unemployment rate is still way too high. And that's why it's so critical for us to make sure that we are taking every action we can take to put people back to work."



To: Kenneth E. Phillipps who wrote (114522)10/3/2011 10:29:07 PM
From: longnshort  Read Replies (1) | Respond to of 224884
 
That's not want our Dear Leader says



To: Kenneth E. Phillipps who wrote (114522)10/4/2011 6:41:29 AM
From: Hope Praytochange1 Recommendation  Respond to of 224884
 
»Click Here for Currencies, Fair Value and More Pre-Markets Data
TODAYS PRIMER
Peter Schacknow, Senior Producer, CNBC Breaking News Desk

Stock investors who were hoping for a fresh October start are so far disappointed, with the new month starting off much like the old one ended.

Monday marked the worst first trading day of October since 1998, and so far, stock index futures are pointing to further losses at the open this morning.

kennyshithead: markets going down more than 2008 keep the door greeter job to troll on SI ---




To: Kenneth E. Phillipps who wrote (114522)10/4/2011 7:40:04 AM
From: Hope Praytochange2 Recommendations  Respond to of 224884
 
breaking news ?????




To: Kenneth E. Phillipps who wrote (114522)10/4/2011 8:07:07 AM
From: Hope Praytochange2 Recommendations  Read Replies (1) | Respond to of 224884
 
NEW YORK (Dow Jones)--U.S. stock futures fell Tuesday morning, with investors bracing for another selloff as increasing fears over euro-zone debt issues and a slowing global economy triggered steep declines in overseas markets.

Dow Jones Industrial Average futures slid 114 points to 10415. The Dow dropped 258 points on Monday to close at 10655, the lowest level since Sept. 17, 2010.

Standard & Poor's 500 stock index futures slumped 12 points to 1074 and Nasdaq 100 futures dropped 18 points to 2047. Changes in stock futures do not always accurately predict stock moves after the opening bell.

In overseas markets, Europe was broadly and sharply lower, with the Stoxx Europe 600 shedding 3%, after Jean-Claude Juncker, the prime minister of Luxembourg who also presides over gatherings of euro zone finance ministers, said a decision on releasing the next tranche of Greek aid would likely not be made on Oct. 13 as previously suggested.

In addition, Goldman Sachs said it now expects the euro zone area to experience a "mild recession," German banking giant Deutsche Bank said third- quarter earnings would be substantially lower than expected and Dexia extended declines amid fears the troubled bank would need to be broken up.

Asian bourses also dropped, with Japan's Nikkei Stock Average off by 1.1% and Hong Kong's Hang Seng Index shedding 3.4%.

On the economic calendar, Federal Reserve Chairman Ben Bernanke will testify to the U.S. Joint Economic Committee on the economic outlook starting at 10 a.m., EDT. At the same time, data on factory orders for August will also be released.

Gold futures erased earlier gains to turn lower, falling to about $1,648 an ounce. Crude oil futures dropped below $76 a barrel. The U.S. dollar rose against the euro and the yen.

In the corporate arena, blue chip U.S. bank stocks were under pressure in premarket trading after Deutsche Bank's warning, with J.P. Morgan Chase down 1.2% and Bank of America losing 1.6%. Also, Citigroup was shedding 1.6%.

Elsewhere, AMR Corp. rallied 10%, after tumbling 33% on Monday, after the Allied Pilots Association said the large number of pilots who have chosen to retire recently did not do so because of inside information about the financial state of the airline.

Ford Motor said it reached a deal with the United Auto Workers on a new, tentative labor contract, but the auto maker's shares declined 1.6%. firms trim pension unemployment 9.2% plus markets down kennytroll is a shithead head between legs does NOT see a thing



To: Kenneth E. Phillipps who wrote (114522)10/4/2011 9:22:08 AM
From: TideGlider5 Recommendations  Respond to of 224884
 
Is that you entry in the Truly Tasteless Jokes contest?

American people are definitely better off than they were three years ago.



To: Kenneth E. Phillipps who wrote (114522)10/4/2011 9:26:08 AM
From: JakeStraw4 Recommendations  Respond to of 224884
 
What is it that Mr. Obama doesn't like about the United States—a country that sent him hurtling like an American Idol contestant from the obscurity of an Illinois Senate seat to the presidency in a mere four years?

I suspect it's the same thing that so many run-of-the-mill liberals dislike: Americans typically believe that happiness is an individual pursuit; we bridle at other people setting limits on what's "enough"; we enjoy wealth and want to keep as much of it as we can; we don't like trading in our own freedom for someone else's idea of virtue, much less a fabricated concept of the collective good.

online.wsj.com



To: Kenneth E. Phillipps who wrote (114522)10/4/2011 11:41:10 AM
From: chartseer  Read Replies (1) | Respond to of 224884
 
Please explain how? I know most will be pay less income taxes or maybe none at all. No income no income taxes. Is that what the muslim indonesian citizen brilliant barry soetoro means when he says he has lowered taxes for most Americans?



To: Kenneth E. Phillipps who wrote (114522)10/4/2011 12:20:45 PM
From: TideGlider3 Recommendations  Read Replies (1) | Respond to of 224884
 
Obama Approval Index Month-by-Month
Obama’s Full-Month Approval Rating Remains at All-Time Low in September

in Politics
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Monday, October 03, 2011

When tracking President Obama’s job approval on a daily basis, people sometimes get so caught up in the day-to-day fluctuations that they miss the bigger picture. To look at the longer-term trends, Rasmussen Reports compiles the numbers on a full-month basis, and the results can be seen in the graphics below.

In September, the number who Strongly Approved of the president’s job performance was at 21%.