Our financial system is crumbling this week.
- heyzeus
- Everday Unicorn
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Re: Our financial system is crumbling this week.
DJIA is up 31 points so far today. RECOVERY!
- vinsanity
- Chili dog truther
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- Location: Indianapolis
Re: Our financial system is crumbling this week.
Did you miss that red means down?heyzeus wrote:DJIA is up 31 points so far today. RECOVERY!
- IMADreamer
- Has an anecdote about a townie he overheard.
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- Location: Illinois
Re: Our financial system is crumbling this week.
back down about 28 now. lol Going to be a volatile day. Corns is off .08 today which is much more important to my family. Although we've sold atleast half of our coming crop for well over $7 a bushel so we are pretty happy.
- heyzeus
- Everday Unicorn
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Re: Our financial system is crumbling this week.
The Dow was up earlier today and is down now. So it goes.vinsanity wrote:Did you miss that red means down?heyzeus wrote:DJIA is up 31 points so far today. RECOVERY!
- sighyoung
- Mayor of GRB
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Re: Our financial system is crumbling this week.
On a good note (for me, anyway), mortgage rates fell again. http://money.msn.com/home-loans/article ... >1=33032
- vinsanity
- Chili dog truther
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- Location: Indianapolis
Re: Our financial system is crumbling this week.
Back up. THought it was funny it opened up 50 or 60, then started sliding and when I saw the Time of yours I double checked and saw we were down like 60.heyzeus wrote:The Dow was up earlier today and is down now. So it goes.vinsanity wrote:Did you miss that red means down?heyzeus wrote:DJIA is up 31 points so far today. RECOVERY!
- sighyoung
- Mayor of GRB
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- Joined: April 17 06, 7:42 pm
- Location: Louisville
Re: Our financial system is crumbling this week.
Geez. It's like Wall Street traders are clicking in and out of the GRB Babe thread.vinsanity wrote:Back up. THought it was funny it opened up 50 or 60, then started sliding and when I saw the Time of yours I double checked and saw we were down like 60.heyzeus wrote:The Dow was up earlier today and is down now. So it goes.vinsanity wrote:Did you miss that red means down?heyzeus wrote:DJIA is up 31 points so far today. RECOVERY!
- longhornbaseball
- Perennial All-Star
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Re: Our financial system is crumbling this week.
S&P downgrades US credit. Markets do nothing.
- ghostrunner
- GOAT
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Re: Our financial system is crumbling this week.
I'm a little uneasy about these credit agencies. Hopefully it's harmless
especially given this:
especially given this:
S&P officials notified the Treasury Department early Friday afternoon it was planning to downgrade the debt, a government official said, and the firm presented its report to the White House. S&P has previously warned such a downgrade might come if Washington didn't move to comprehensively tackle its long-term fiscal woes.
After two hours of analysis, Treasury officials discovered that S&P officials had miscalculated future deficit projections by close to $2 trillion. It immediately notified the company of the mistakes.
S&P officials later called administration officials back to say they agreed about the mistakes, though they didn't say whether it would affect the rating. White House officials remained waiting Friday evening to see what the company would do.
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Freed Roger
- Seeking a Zubaz seamstress
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Re: Our financial system is crumbling this week.
The US is an exception. The laws of nature do not apply to US. As in exceptionalism. Our economy only goes up baby!




