 |
 |
 |
|||
 |
|||
 |
|||
 |
|||
 |
|||
 |
|||
 |
|||
 |
|||
 |
|||
 |
|||
 |
|||
 |
|||
 |
|||
 |
|||
 |
|||
 |
|||
 |
|||
 |
|||
|
|||
 |
|||
|
|||
 |
|||
|
Dow drops below 11,000
- Text size
TIM PARADIS
Associated Press
July 11, 2008
 |
|
|
|
|
NEW YORK – Stocks tumbled Friday as investors focused on troubles at mortgage companies Fannie Mae and Freddie Mac and watched oil prices climb further into record territory. The Dow Jones industrials fell more than 200 points and slid below the 11,000 mark for the first time in two years.
Investors seemed unimpressed by a statement from Treasury Secretary Henry Paulson, who said the government’s focus is ensuring that Fannie Mae and Freddie Mac remain as presently constituted to carry out their mission.
The government-chartered companies at times each lost more than 40 percent on growing speculation that a government bailout is needed. A collapse of the two financiers would cause further shock to the financial system, and trigger more losses to banks and brokerages with significant holdings of mortgage-backed securities.
|
-
- Social bookmarks
- Email this article
-
- Print this page
- Share on Twitter
July 11th, 2008 at 11:59 am
Wait until it gets below 9,000.
July 11th, 2008 at 12:01 pm
Paulson is pushing for less control by congress and more power consolidation in the FED, plain and simple. If they get the powers they are looking for they will have the ability to decide what “lenders”, Hedge Funds, Commercial Banks, and businesses receive the attention of and benefits of the FEDs (Peoples) money. Get in a bad way and make some stupid investments and don’t worry the FED will help you out.
This would allow them to stack the deck. The group popular for saying “Let the market do it job” are now admitting through their actions that the market is not currently doing it’s job and instead of really fixing it so that there is competition in the market they want to rig the game. This will lead to a controlled market not the supposed savior of free markets that is touted out to the masses.
July 11th, 2008 at 12:03 pm
An old expression come to mind:
“You cannot put a broken egg back together”
I hope I am wrong.
July 11th, 2008 at 12:19 pm
Are we sure the DOW fell below 11000? I mean, it could be all in our head!
July 11th, 2008 at 12:36 pm
The storm is coming. Be ready. Click on my name.
July 11th, 2008 at 12:37 pm
The storm is coming. Be prepared. Click on my name.
July 11th, 2008 at 12:46 pm
At the beginning of this week I predicted that the Dow will go below 11,000 into the 10,000 range.
Turns out I was right.
I told my mom this, and yesterday I decided to give it another week since it went up about 80 points yesterday, but turns out that my original prediction was right.
And just think, last summer and fall the Dow was up to 14,000 points, now its dropped atleast 3,000 points in little under a year.
July 11th, 2008 at 12:47 pm
Yay! We get closer to a cashless society!
July 11th, 2008 at 2:11 pm
Did anyone notice yesterday when Bernanke, and Paulson were on Capitol Hill, that Barney Frank -Chairman of the Senate Banking Committee in Congress- said we have no alternative to our money system. And, when it was Ron Paul’s time to speak he started by reiterating to Barney Frank that there is an alternative, and he would gladly come by his office and discuss that alternative.
Barney Frank, immediately with the look of pure fucking hatred in his eyes and his voice said, looked over to Ron Paul and I quote that fat fucking treasonist traitor asshole as saying ” That will never happen”.
If that doesn’t say how deep we are fucked in our government, than no one is listening.
If the Federal Reserve System, in fact we shouldn’t call it that, let’s call it what it is. When Rothchild, Morgan, Leob, Warburg, and Rockefeller get there hands on Freddie Mac and Fannie Mae, they will have in their possession and control, about 5.7 trillion dollars of real estate property in the United States. This isn’t a game, it’s one of the final steps to full control. If you don’t agree then explain to me why this comment from the Bankers Manifest tied in with the United States Senate Document 43 of the 73rd Congress 1st Session is now coming to fruition?
“Capital must protect itself in every way, through combination and through legislation. Debts must be collected and loans and mortgages foreclosed as soon as possible. When through a process of law the common people have lost their homes, they will be more tractable and more easily governed by the strong arm of the law, applied by the central power of wealth, under control of leading financiers. People without homes will not quarrel with their leaders. This is well known among our principal men now engaged in forming an imperialism of capitalism to govern the world. By dividing the people we can get them to expand their energies in fighting over questions of no importance to us except as teachers of the common herd. Thus by discreet action we can secure for ourselves what has been specifically planned and will be successfully accomplished.”
-JP Morgan
If that doesn’t explain everything happening, then you’re have been completely and successfully lied to, scammed, and brainwashed and there is no way to help you.
July 11th, 2008 at 2:12 pm
Stealing from the poor to enrich the royals is betrayal.
July 11th, 2008 at 2:15 pm
This number is doubly important because that was the same number that Al-CIAda waited for to give the go-ahead for 9-11. The little men behind the curtain have rooms full of barometer readings and timing sequences which they use with surgical precision to affect their game on us.
11,000 is the number designated as showing sufficient weakness in markets to be ripe earth for planting further poison vines among us.
BEWARE.
Beware also of post 5 and 6 above. It will take you to a finance companies website which is swimming with spiders, bots, and can potentially compromise your system if you touch it.
DO NOT GO TO THAT SITE
July 11th, 2008 at 2:19 pm
Wait a second; they believe that people without homes are less likely to be roused to consignable action? Have they not been paying attention to what motivates resistance?
July 11th, 2008 at 2:30 pm
Sorry that should read “….be roused to conscionable action?…”
I guess that is further proof that we are supposed to be illiterate prols by now, not only does spell check mark the proper spelling of “conscionable” as a mistake but the definition is missing in the on-line dictionary and no alternative is offered.
July 11th, 2008 at 3:19 pm
Help me Sign this ANTI – Fluoride petition
I am a 27 yr.old wife an mother of 5 beautiful children,whom I adore and want to keep healthy an safe from all harm.Seeing that fluoride is in our water it is hard to do that.I am here trying to inform others about fluoride and the extremely harmful effects of this product. I was sickened to learn all the crap that it causes,such as holes in the brain,thats right it eats away your brain,along with so much more.You can see for yourself at Fluoridealert.org/..You will be alarmed at all the effects it has on us,but yet why do they put it in our water??Good question I have my own beliefs on this.Please join me to stop this madness.It will take all of us to stop it…
http://www.thepetitionsite.com.....ide2gether
July 11th, 2008 at 3:26 pm
…Ah-bdi… Funny how things work , the lower the dow drops , the more my hard-on rises !!!
July 11th, 2008 at 4:13 pm
Either way this goes, the USD is going down. The government helps Fannie Mae out, it will cause only a up tick on the Dow for a short time. If the government doesn’t help out it could start a chain reaction into other banks and what not. Everyone might as well stock up on silver and or gold now. Might want to buy a rifle, pistol and a knife with some food as well. No one knows what will happen but in the end it is better to prepair for the worst and not need anything, then have it happen anyways and be up crap creek with nothing.
July 11th, 2008 at 4:28 pm
Time to start using Liberty Dollars
July 11th, 2008 at 5:11 pm
The solution is Simple:
Arrest and detain the United States Secret Service for dereliction of duty…not arresting the
counterfeiters…The Federal (PRivate Jew ) Reserve Board.
The Jewish Fed is an UNRESERVED , UNELECTED BOARD.
July 11th, 2008 at 5:37 pm
Spot on George Washington, spot on. I didn’t know that quote from JP morgan, these guys must have a long term plan for the US and it may be at the stage where they can’t hide it anymore. We have lost 3,000 points in the market, the mortgage and debt fiasco is only increasing, inflation is increasing exponentionally and peopel are losing their jobs, yet bush and company say where not in a recession. They may be right, we are well past the recession phase and in the start of an Inflationary Depression.
July 11th, 2008 at 6:29 pm
Geo. Washington — thanks for the great tip on the Ron Paul / Barney Frank exchange. I found it in the clip here. Dr. Paul begins speaking 25 sec. later.
I might note that Frank’s reply was not caustic, but rather a chuckling “I don’t think that’ll happen”. Just as traitorous though. But so is our whole government, right? The exceptions are in single digits. Jack Kennedy almost made a go of it; so did Lincoln. But unfortunately in both cases some “lone nut” spoiled it all <sigh!>
July 11th, 2008 at 6:31 pm
Somehow the link didn’t get thru — here is is spelled out
rtsp://video1.c-span.org/project/economy/econ071008_financial.rm?start=1:26:20
July 11th, 2008 at 6:39 pm
I wish there was a list of the rules this automatic post-handling system goes by — either that or an editing feature.
The link I inserted in my post #20 was disabled and the URL “http://www.infowars.com/20″ was substituted.
The first post went up immediately, then when I posted a correction, it doesn’t come up, so everybody thinks my link was invalid intrinsically. Trapped in limbo —
July 11th, 2008 at 6:48 pm
Ah! There it is. Just like Saul, I should have waited for Samuel (1 Sam 13:8)
July 11th, 2008 at 7:31 pm
oh my God, I can’t believe what all this has opened up. I read GeorgeWashingtons post and somehow I came upon this website
http://www.consciencedupeuple......atrix.html
And i started looking up the information that the person had posted on the website. As far as I can tell most of it is true! Social Security in the United States is now owned by the United Kingdom as of 1997.
New York is considered to be the actual United Nations. and the list goes on.
Theres even a court case where the Court defines the bill of rights as applying to only general government and not state governments. This is some crazy stuff guys.
July 11th, 2008 at 8:02 pm
http://www.thereignofchrist.org
Satan has control of all Christian Churches!
The First Coming of Christ was as Man, the Second Coming of
Christ is in man. This is the Eucharistic Reign of Christ on
earth, in man.
You may ask why is there to be a Eucharistic Reign. The answer is
very simple. At the present time Satan has almost total control of
the earth. It is man, Eucharistic man, who will defeat Satan.
The Eucharistic Reign is the command of God in Himself, that is, in
Eucharistic man, to defeat Satan and all of his evil forces and lock
them up in Hell for all eternity.
The Eucharistic Reign is the Triumph of Jesus Christ the King of
All Nations, taking back the entire earth from all the forces of evil.
It is the triumph of God in man, and man in God, in unity and
oneness expelling the ungodly and unbelieving into the exterior
darkness for ever and ever, with no end.
The Eucharist is the revelation of Jesus Christ, which God gave, to
make known to His servants the things which must shortly come to
pass, for at once they begin, all will be completed in a short time.
The Eucharistic Reign is the unity of the Divine Nature and the
human nature in the new creation, Eucharistic man. The Eucharistic
Reign is the reversal of the Fall of Adam and Eve when the serpent
deceived the first parents and took control of the earth. The
Eucharistic Reign is the victory of man over the devil, and the devil
being cast into Hell for ever and ever, with no end.
July 11th, 2008 at 8:28 pm
http://www.thereignofchrist.org
Jesus told us: “But pray that your flight be not in the winter or on
the Sabbath. For there shall be then great tribulation, such as has
not been from the beginning of the world until now, neither shall
be.”
Consider the likes of nine earthquakes and tsunamis and
tidal waves of even greater magnitude than the Indonesian disaster
of December 2004 happening in the world at the same time. Then
you might have some idea of what disaster the Great Tribulation
will cause.
Two thirds of the world population will perish, that is,
over four billion people will die in a period of three and a half
years. The other two billion people will suffer greatly, but will be
saved.
“There shall be in all the earth, says the Lord, two parts in it
shall be scattered, and shall perish, but the third part shall be left
therein. And I will bring the third part through the fire, and will
refine them as silver is refined, and I will try them as gold is tried.
They shall call on My Name, and I will hear them. I will say: ‘Thou
art My people,’ and they shall say: ‘The Lord is my God’
July 11th, 2008 at 10:44 pm
Proud Primate,
Do not worry about when your comments are posted. This forum’s filters have been improved upon. Your first one anywhere goes up immediately unless the place is extremely busy. Then the filters hold back any further ones that are posted so it helps to stop bot postings and even people like us who sometimes just have too much to say at one time somewhat blotting out other posters. I also believe that the slowdown at times helps any monitors around at the time to read what is about to go up and maybe delete them since I have seen at times a comment not posted at all. No matter, those are rare cases. The filters, as I said, are designed to just hold back on all comments anywhere out here after the first one goes up, as much as 15 minutes, and if you look at the time stamp at times, several of them will go up (or released) at the same time.
Rhonda
PS: Tnx for posting your link and making sure we see it.
July 11th, 2008 at 10:45 pm
Umm guys please tell me something. When martial law begins, and riots break out and looting starts, Will a Mauser k98 8mm rifle be good? I suppose it will if it was used by snipers and regular german soldiers. Only thing is its a bolt action and doesnt fire really fast.
July 12th, 2008 at 1:03 am
#28
You would not get one round off you dill!
Dills, Dills, 98% of posters on this site are nothing more than moronic Dills!
Suffer the poor bloody children!
The Dills will surely not save you, they haven’t been able to save anyone yet, 2001 – 2008!
.
Globalists?
Fk’m.
July 12th, 2008 at 5:47 am
The Mauser 8mm is an excellent weapon and extremely reliable and accurate. Trust me on this, it’s not the number of rounds fired, it’s the accuracy of the rounds fired that counts. As a former sniper instructor, I can assure you, that unless you are in a CQB (Close Quarter Battle) situation, a few men who know how to use and take advantage of bolt action rifles can decimate an approaching force. I and others, have proven this many times in real world scenarios.
The only negative with your weapon will be ammunition availability. You’re not going to find 8mm laying around, you will however, if you and your co-horts have done their job right, find plenty of other weapons and ammo laying on the ground. PICK IT UP!!!
HOO_YAH!!!!!!!!!!!!!!!!!!!!!!
http://www.theamericanvoice.com
July 12th, 2008 at 6:30 am
Sniff, Sniff, god damn! what’s that sweet sickly smell?
Rub, Rub, my eyes, holy shit my fuck’n eyes is burnin somethin fierce!
Can’t aim, shit, i can’t aim the Mauser, i can’t see, i can’……………………………………….
………………………………………………………………………………………………………………
………………………………………………………………………………………………………………
…………..!
R.I.P
Here lies another pretender! he thought it all sounded good at the time……..on his P.C!
He really wasn’t prepared for the “horror show” the Globalists had “planned” for his sorry arse!
Why hell he thought it would be a cake walk, a turkey shoot so to speak! hand over all that power without..a..single..murmur?
Big Guns!
Big Plans!
Big Ego!
.
.
Big Fool!
July 12th, 2008 at 9:12 am
Good. Sooner this evil system(root word means sewer) collapses the better. I’m sick of these wicked bastards being in power. Maybe then the sleepwalkers will finally wake up and shed these power-hungry meglomaniacs like fleas off of a dog.
July 12th, 2008 at 1:32 pm
31 aussie
Well that does help put things into perspective for me. I bet there are things that will happen I can never anticipate. I dont mind criticism. It is good because you cant really evaluate yourself. I like a little now and then.