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Watchwoman on the Wall
STANDARD & POOR’S DOWNGRADES U.S. CREDIT RATING FOR FIRST TIME IN HISTORY (may lower it again!)
By
Donna Calvin
Item #1 of 2 DID TIM GEITHNER REALLY SAY THERE WAS ‘NO RISK’ OF A DOWNGRADE? LET’S GO…TO THE VIDEO… Scott Baker Peter Barnes “Is there a risk that the United States could lose its AAA credit rating? Yes or no?” Geithner’s response: “No risk of that.” “No risk?” Barnes asked. “No risk,” Geithner said. See…
NEWS!!! – Dow falls more than 300; 2011 gains are wiped out
By
Donna Calvin
UPDATE – AFTER THE MARKET CLOSED TODAY, AUGUST 4, 2011, IT WAS DOWN 512.76 POINTS – OR 4.31% – $11,383.68. THAT HOPE AND CHANGE IS REALLY GOING WELL, I MEAN SINKING IN THE WELL, I MEAN DROWNING IN THE WELL! GOVERNMENT MOTORS (YOU KNOW THE ONE THE ANOINTED MESSIAH BOUGHT FOR YOU) IS DOWN TO IT’S LOWEST AT 25.99…
Obamarket Plummet
By
Donna Calvin
CNN BREAKING NEWS REPORTS: The Dow closed down about 266 points, or 2.19%, as investors worried about the weak economy. The selloff pushed the S&P 500 into negative territory for the year. “Now that we have solved the debt ceiling issue, the market has moved on to the other data, which has taken a significant…
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