Dow tumbles 400 pts.........tenth straight day of losses (banks, work, best)

[sayulita]

Well, here's a snapshot of October 2008 - under Bush's watch - to compare. It doesn't seem to matter who is in the White House. ALL our leaders have FUBARed the economy. And those "leaders" are owned by the people getting wealthier while we all get poorer.
Dow Jones in October 2008 by the Numbers

[KUchief25]

Originally Posted by summers73

That's too complicated and intellectual for me. I need something simple, like blaming racist TParty folks.

I think your right.

[KUchief25]

See it's Bush's fault too!!

[evilnewbie]

So if Obama caused the stock market to go up... then can I blame Obama if the stock market goes down?

[Ecovlke]

What did anyone expect after the fiasco of the Congress having a cold style civil war started by the Teajihadists?

The Bachmann types are not only a few bricks shy of a load, but they have started a silent civil war.

[brokensky]

Down 440 pts. now . . .

Moving assets around for liquidity.

[summers73]

Originally Posted by Ecovlke

What did anyone expect after the fiasco of the Congress having a cold style civil war started by the Teajihadists?

The Bachmann types are not only a few bricks shy of a load, but they have started a silent civil war.

LOL, no one on Wall St. gives a crap that people argued about the debt. They only care about the outcome. The outcome is the status quo, ergo the sell off.

LOL.

[summers73]

The stock market is clearly racist.

[brokensky]

Well, folks are pulling out of stocks so they can use their $$$ to buy more stock, once stuff has been devalued.

Also, putting $$ in T-bills. At least, that is what I did.

[renault]

Coincidence this happened on Obama's birthday?

Thanks for the "change", Mr. President.