{"id":5407,"date":"2011-08-02T16:40:11","date_gmt":"2011-08-02T20:40:11","guid":{"rendered":"http:\/\/blog.beliefnet.com\/watchwomanonthewall\/?p=5407"},"modified":"2011-08-02T16:40:11","modified_gmt":"2011-08-02T20:40:11","slug":"obamarket-plummet","status":"publish","type":"post","link":"https:\/\/www.beliefnet.com\/columnists\/watchwomanonthewall\/2011\/08\/obamarket-plummet.html","title":{"rendered":"Obamarket Plummet"},"content":{"rendered":"<p>CNN BREAKING NEWS REPORTS:<\/p>\n<h1>The Dow closed down about 266 points, or 2.19%, as investors worried about the weak economy.<\/h1>\n<p>The selloff pushed the S&amp;P 500 into negative territory for the year. \u00a0&#8220;Now that we have solved the debt ceiling issue, the market has moved on to the other data, which has taken a significant turn for the worse,&#8221; said Ryan Detrick, senior technical strategist with Schaeffer&#8217;s Investment Research. \u00a0The Dow suffered an eighth straight day of declines for the first time since October 2008, when the financial system was in the depths of a crisis. The Dow also finished below the psychologically important 12,000-point mark.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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&amp;P 500 into negative territory for the year. \u00a0&#8220;Now that we have solved the debt ceiling issue, the market has moved on to the other data, which has taken a significant&hellip;<\/p>\n","protected":false},"author":403,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[701,704,223,463,1121,95,699,1354,1430,68,450,806],"tags":[2044,2043,2041,2042],"class_list":["post-5407","post","type-post","status-publish","format-standard","hentry","category-democrats","category-economics","category-economy","category-elections","category-failed-policies","category-inflation","category-investments-2","category-liberals","category-news-2","category-political-correctness","category-politics","category-warning","tag-below-12k-mark","tag-declines","tag-dow-down","tag-negative-territory"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Obamarket Plummet - Watchwoman on the Wall<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.beliefnet.com\/columnists\/watchwomanonthewall\/2011\/08\/obamarket-plummet.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Obamarket Plummet - Watchwoman on the Wall\" \/>\n<meta property=\"og:description\" content=\"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&amp;P 500 into negative territory for the year. \u00a0&#8220;Now that we have solved the debt ceiling issue, the market has moved on to the other data, which has taken a significant&hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.beliefnet.com\/columnists\/watchwomanonthewall\/2011\/08\/obamarket-plummet.html\" \/>\n<meta property=\"og:site_name\" content=\"Watchwoman on the Wall\" \/>\n<meta property=\"article:published_time\" content=\"2011-08-02T20:40:11+00:00\" \/>\n<meta name=\"author\" content=\"Donna Calvin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Obamarket Plummet - Watchwoman on the Wall","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.beliefnet.com\/columnists\/watchwomanonthewall\/2011\/08\/obamarket-plummet.html","og_locale":"en_US","og_type":"article","og_title":"Obamarket Plummet - Watchwoman on the Wall","og_description":"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&amp;P 500 into negative territory for the year. \u00a0&#8220;Now that we have solved the debt ceiling issue, the market has moved on to the other data, which has taken a significant&hellip;","og_url":"https:\/\/www.beliefnet.com\/columnists\/watchwomanonthewall\/2011\/08\/obamarket-plummet.html","og_site_name":"Watchwoman on the Wall","article_published_time":"2011-08-02T20:40:11+00:00","author":"Donna Calvin","twitter_card":"summary_large_image","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.beliefnet.com\/columnists\/watchwomanonthewall\/2011\/08\/obamarket-plummet.html","url":"https:\/\/www.beliefnet.com\/columnists\/watchwomanonthewall\/2011\/08\/obamarket-plummet.html","name":"Obamarket Plummet - Watchwoman on the Wall","isPartOf":{"@id":"https:\/\/www.beliefnet.com\/columnists\/watchwomanonthewall\/#website"},"datePublished":"2011-08-02T20:40:11+00:00","dateModified":"2011-08-02T20:40:11+00:00","author":{"@id":"https:\/\/www.beliefnet.com\/columnists\/watchwomanonthewall\/#\/schema\/person\/1470e1ef6765f8a27f970307b0835df1"},"breadcrumb":{"@id":"https:\/\/www.beliefnet.com\/columnists\/watchwomanonthewall\/2011\/08\/obamarket-plummet.html#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.beliefnet.com\/columnists\/watchwomanonthewall\/2011\/08\/obamarket-plummet.html"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.beliefnet.com\/columnists\/watchwomanonthewall\/2011\/08\/obamarket-plummet.html#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.beliefnet.com\/columnists\/watchwomanonthewall"},{"@type":"ListItem","position":2,"name":"Obamarket Plummet"}]},{"@type":"WebSite","@id":"https:\/\/www.beliefnet.com\/columnists\/watchwomanonthewall\/#website","url":"https:\/\/www.beliefnet.com\/columnists\/watchwomanonthewall\/","name":"Watchwoman on the Wall","description":"Beliefnet Voices - Donna Calvin","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.beliefnet.com\/columnists\/watchwomanonthewall\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.beliefnet.com\/columnists\/watchwomanonthewall\/#\/schema\/person\/1470e1ef6765f8a27f970307b0835df1","name":"Donna Calvin","description":"In sixth grade my teacher told us that we were going to be the first generation to see the year 2000 and all things would be different. He continued that God wasn't important, wasn't real, and our parents just used God to impose restrictions on us because they were inadequate to parent effectively. I knew then I was going to be involved in a war and that I would have to be in Jesus Christ's Army. Even then, I knew the United States of America would cease to exist without the vast majority of its citizens voluntarily submitting to the Perfect and Good Laws of the Holy Bible. I am a woman who loves the Lord Jesus Christ. I am tired of seeing our LORD denigrated from the school house to the White House. I search the Internet for items that ought to serve as a warning to Americans and Christians all through America, but the nation seems to be sleeping. Wake up America! You are losing your freedoms, your children and your country. Wake up and help stop it!","url":"https:\/\/www.beliefnet.com\/columnists\/watchwomanonthewall\/author\/dcalvin"}]}},"_links":{"self":[{"href":"https:\/\/www.beliefnet.com\/columnists\/watchwomanonthewall\/wp-json\/wp\/v2\/posts\/5407","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.beliefnet.com\/columnists\/watchwomanonthewall\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.beliefnet.com\/columnists\/watchwomanonthewall\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.beliefnet.com\/columnists\/watchwomanonthewall\/wp-json\/wp\/v2\/users\/403"}],"replies":[{"embeddable":true,"href":"https:\/\/www.beliefnet.com\/columnists\/watchwomanonthewall\/wp-json\/wp\/v2\/comments?post=5407"}],"version-history":[{"count":3,"href":"https:\/\/www.beliefnet.com\/columnists\/watchwomanonthewall\/wp-json\/wp\/v2\/posts\/5407\/revisions"}],"predecessor-version":[{"id":5410,"href":"https:\/\/www.beliefnet.com\/columnists\/watchwomanonthewall\/wp-json\/wp\/v2\/posts\/5407\/revisions\/5410"}],"wp:attachment":[{"href":"https:\/\/www.beliefnet.com\/columnists\/watchwomanonthewall\/wp-json\/wp\/v2\/media?parent=5407"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.beliefnet.com\/columnists\/watchwomanonthewall\/wp-json\/wp\/v2\/categories?post=5407"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.beliefnet.com\/columnists\/watchwomanonthewall\/wp-json\/wp\/v2\/tags?post=5407"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}