Wednesday, October 29, 2008

Fed rate cut expected

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Shares are set to fall on Wednesday, with futures for the Dow Jones, S&P 500 and Nasdaq down between 1.9 and 2.4 percent. * All eyes will be on the Federal Reserve's interest rate decision at 12:15 p.m. EDT, widely expected to be a cut to 1 percent, from 1.5 percent. * Wall Street enjoyed its second-biggest ever rise on Tuesday, with the Dow Jones Industrial Average .DJI soaring 10.9 percent, as investors took advantage of cheap valuations, and bet that borrowing costs worldwide would come down. Japan's Nikkei Index .N225 rose 7.7 percent on Wednesday. * Third-quarter earnings are due from a raft of companies, including Procter & Gamble Co., Kellogg Co., Kraft Foods, Corning, Cardinal Health, Allergan, Comcast Corporation (CMCSA.O: Quote , Profile , Research , Stock Buzz ), Praxair Inc and Prudential Financial (PRU.N: Quote , Profile , Research , Stock Buzz ) * Orders for durable goods data in September are set to show a decline of 1.2 percent on the previous month after a 4.8 percent decline in August. * Other economics data due includes lending figures from The Mortgage Bankers' Association.

Fed Rate Cut Expected | GFT Forex
U.S. dollar down in currency trading ... Disclaimer: Forex trading involves high risks, with the potential for substantial losses and is not suitable for all persons.
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Fed Rate Cut Expected; Could Bolster Lending : NPR
The Federal Reserve holds its last meeting of 2007 today, where it is expected to announce a cut in interest rates of 25 basis points (a quarter of a percentage point). The cut ...
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fed-cuts-5-as-expected-rates-up
The first Fed meeting of 2008 ended today with another cut to short term interest rates. In addition to the .75 emergency cut last week, the Fed cut another .5 today, in a move ...
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Another Fed rate cut expected. - Credit in the News - FICO Forums
Another rate cut expected.  The bottom isn't here yet folks.  Strap in and enjoy the ride.
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USA TODAY survey: Fed rate cut expected this week
Federal Reserve policymakers this week are likely to cut interest rates as the economy slumps into a recession marked by the first decline in consumer spending in 17 years ...
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Another Key Interest Rate Cut Expected From Fed
Central banks around the world might act together to cut interest rates. The worst financial crisis in 70 years has forced the Federal Reserve to employ all the weapons in its arsenal — including cutting interest rates to near historic lows — to ...
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Source: ABC News
NewsDateTime: 1 hour ago

US futures point to decline; Fed rate cut expected
* U.S. shares are set to fall on Wednesday, with futures for the Dow Jones DJc1, S&P 500 SPc1 and Nasdaq NDc1 down between 1.9 and 2.4 percent. * All eyes will be on the Federal Reserve's interest rate decision at 1815 GMT, widely expected to be a ...
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Source: Reuters
NewsDateTime: 35 minutes ago

Stock futures point to decline; Fed rate cut expected
LONDON (Reuters) - Shares are set to fall on Wednesday, with futures for the Dow Jones, S&P 500 and Nasdaq down between 1.9 and 2.4 percent. * All eyes will be on the Federal Reserve's interest rate decision at 12:15 p.m. EDT, widely expected to be a ...
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Source: MSN MoneyCentral
NewsDateTime: 49 minutes ago

GLOBAL MARKETS-Stocks gain on rate cut hopes, but outlook grim
United States - * Fed expected to cut rates, speculation grows of BoJ easing * Yen edges up but lower on the week vs U.S. dollar * Oil climbs as stocks rally but gains are tame By Kevin Plumberg HONG KONG, Oct 29 (Reuters) - Most Asian stock markets ...
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Source: Forbes
NewsDateTime: 3 hours ago

Fed Prepares to Cut Rate to Fight Financial Crisis
The Federal Reserve is widely expected to cut interest rates by at least a half-percentage point on Wednesday in yet another move to turn around the credit crisis that is threatening the United States with a deep and prolonged recession. The Federal ...
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Source: CNBC
NewsDateTime: 2 hours ago


Democratic presidential candidate Barack Obama will launch an unprecedented television blitz to push his economic message on U.S. networks ranging from CBS and NBC to Comedy Central.


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Title: National Emergency Statement! LaRouche Speaks on Fed Rate
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Published on: 8/5/2008 9:45:19 PM
Title: Surprise! It's a Fed rate cut! Gnooze 1-23-08
Categories: rate,gnooze,cut,wall,stocks,fred,padilla,News,funny,jose,street,news,dirty,comedy,heath,law,ledger,fed,thompson,order,bomb,

Published on: 1/23/2008 2:07:31 AM
Title: FED RATE CUTS Now what?
Categories: stock,rate,crisis,cuts,market,Comedy,fed,

Published on: 10/8/2008 7:28:24 AM
Title: National Emergency Statement! LaRouche Speaks on Fed Rate
Categories: 700,war,News,money,reserve,bailout,Bernanke,LaRouche,billion,federal,bush,Lyndon,

Published on: 9/24/2008 11:43:30 AM
Title: Jim Cramer Hype, Fed Rate Cut, Merrill Lynch Talks Recession
Categories: cnbc,rate,cramer,market,interest,News,stock,reserve,money,goldman,bartiromo,federal,nesto,ratigan,dylan,kudlow,jim,matt,sachs,

Published on: 9/24/2007 7:14:48 PM

Friday, October 24, 2008

The Market crashes

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U.S. stocks joined a worldwide selloff at Friday's open, with the Dow down about 400 points, as a wave of anxiety about a global recession sent investors heading for the exits. The Dow Jones industrial average fell 4.5%. The Standard & Poor's 500 index tumbled 5.2% and the Nasdaq composite lost 5.3%. Stocks followed the lead of plunging markets worldwide, with Japan's Nikkei index ending down 9.6%. European markets down almost as sharply, with major indexes down 8% in France and Germany and 7% in London. Markets were down 14% in Moscow when the exchange there suspended trading until Tuesday. "Today might be the day where everybody throws in the towel," said Peter Cardillo, chief market economist for Avalon Partners. "People are saying 'I've had it, I can't take it anymore, I'm selling everything.'" Markets were so jittery early Friday that the New York Stock Exchange felt it was necessary to post a statement on its blog confirming that trading would open as normal at 9:30 a.m. ET, saying it felt it was necessary to answer widespread rumors that the open would be delayed. The NYSE also posted updated details of so-called circuit breakers, which would halt trading for certain periods of time if the Dow Jones industrial average falls 1,100 points during the trading day. It said it was posting that information with "the fervent hope we won't need them." Futures trading limits were imposed before 7 a.m. ET, when Dow Jones industrial average futures were down 548 points The futures for the S&P 500 were down 60 and Nasdaq 100 futures were down 84. Futures measure current index values against the perceived future performance and can indicate how markets open when trading begins in New York. Economists said that even commodities were selling off, including a $18 drop in gold and a 6% decline in copper, with oil trading below $65 a barrel. The dollar rose against the euro and the British pound, but plunged against the yen. "It's across-the-board global liquidation of stocks," said Art Hogan, chief market strategist at Jefferies & Co. Hogan cited a 0.5% drop in the United Kingdom's third-quarter GDP as one key reason for the selloff. That drop was from the previous quarter's level of economic activity, making it much more severe than the typical measure of U.S GDP, which is reported as an annual rate of growth or decline. A 0.5% quarter-to-quarter decline works out to nearly roughly a 2% drop in annual GDP. Andrew Sentance, a member of the Bank of England, told the BBC early Friday that the chance of a severe recession there had increased, and that the central bank would have to adjust interest rates according. Expectations that the Bank of England and European Central Bank would have to make sharp cuts in interest rates in the weeks and months ahead sent the pound and euro plunging versus the dollar in early trading. The yen was the strongest of the major currencies, as the Bank of Japan's rate is already down to 0.5% and thus it has little room for additional cuts. The gloom followed a positive Thursday for Wall Street. The Dow and S&P 500 both advanced while the Nasdaq slipped. But trading has been volatile lately amid uncertainty about how deep the economic crisis will be and how long it will last. Housing market. At 10 a.m. ET, the National Association of Realtors will announce the September tally for existing home sales, an important measure in the real estate market. A consensus of estimates from Briefing.com projects an annual sales rate of 4.95 million units, up from last month's figure of 4.91 million.

NYSE Euronext > Exchanges > The Crash of 1987 and today
... New York Stock Exchange at the time, recalled, "The market ... Crash (Associated Press via Houston Chronicle) Excerpt: NEW YORK — There were more people than computers on the floor of the New York Stock Exchange ...
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Stock market crash - Wikipedia, the free encyclopedia
... market crash ... markets in the world averaged 296 percent during this period. The average number of shares traded on the NYSE had risen from 65 million shares to 181 million shares. The crash on ...
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Wall Street Crash of 1929 - Wikipedia, the free encyclopedia
... world's leading financial centers.The New York Stock Exchange (NYSE) was the largest stock market ... The trading floor of the New York Stock Exchange just after the crash of 1929.
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NYSE Euronext > Exchanges > 'After Crash, NYSE Got the Message(s)'
According to an online calculator I came across, $150 in 1833 would be about $2,700 today. Tags: New York Stock Exchange, NYSE, Crash of 1987, stock market history
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A Market Crash Is Coming
Look at this chart of Johnson & Johnson (NYSE: JNJ), for example, and see how rocked it was by the 2000-2002 market crash. Altria 's (NYSE: MO) chart is more jagged, but it still ...
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How Low Will They Go? Massive Stocks Drops Could Trigger Trading ...
... fears that another set of trading circuit breakers would be hit and halt trading when the markets open. After the stock market crashes of ... Quotes delayed 15 minutes for NASDAQ. 20 minutes for NYSE and AMEX. Market Data provided by Interactive ...
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Source: ABC News
NewsDateTime: 24 minutes ago

This Trojan Horse Could Slash Your Portfolio
... through the economy, starting with collapsing home values, and moving on to crashes ... While big oil companies like ConocoPhillips (NYSE: COP ) and Chevron (NYSE: CVX ) ... they enjoyed for years during the big moves up in the housing and stock markets. The ...
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Source: Motley Fool
NewsDateTime: 10/21/2008

October 2008
... of the last week has produced what feels like a cease-fire in the financial markets ... After the stock market crashes of October 1987 and 1989, the New York Stock Exchange ... Each quarter, the NYSE publishes circuit-breaker levels at 10 percent and 20 ...
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Source: ABC News Blogs
NewsDateTime: 10/21/2008

Trying To Find A Bottom
... the VIX took out the October 10 highs on Thursday, October 16, when the markets ... The crashes of 1987 and 1929 were large but they were generally over in a day or ... Our chart of the iShares Lehman 20 Year Bond (TLT-NYSE) shows what appears to ...
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Source: Safe Haven
NewsDateTime: 10/19/2008

Business - FT.com
... financial crisis, according to Philip Finch, global banks strategist at UBS (NYSE ... It was a Monday in October, like several of the most infamous stock market crashes ... financial institutions and severe malfunctioning of the inter-bank lending markets ...
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Source: Yahoo News
NewsDateTime: 10/22/2008


General Motors Corp. (NYSE: GM) shares are dropping over 13% in pre-market trade to $5.30 as concerns over its solvency increased. As Toyota (NYSE: TM) reported its first decline in years and as its attempt to merge with Chrysler are meeting roadblocks, traders are concerned about GM's health. GM has just announced more job cuts Thursday. Ford Motor (NYSE: F) shares are also down over 13% in pre-market action to $1.73 as investors have much the same concerns with Ford as they do with GM. Microsoft Corp. (NASDAQ: MSFT) shares are down 6% in pre-market trading after the software giant reported record earnings that beat estimates. Microsoft's guidance for the current quarter was weaker than Wall Street was expecting. Apple Inc. (NASDAQ: AAPL) shares are also down in pre-market trade -- 7.4% to $91. While there hasn't been any specific news on Apple, Samsung Electronics Co. reported a 44% drop in net earnings, which could be an indication to how there's no escape from the slump in the global economy. Intel (NASDAQ: INTC) joined the hammering of tech as its shares declined over 6.5% in pre-market trading. Exxon Mobil (NYSE: XOM) and Chevron (NYSE: CVX) each tumbled 7.7% and 5.7% respectively as the priced of oil and gas fell. Going over the DJIA components most stocks are trading down between 4%-13% pre-market action.


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Title: YouTube caused NYSE crash! The Porn Crisis! AAARGH!
Categories: fluorescent,youporn,linerider,Masturbation,report,adolescent,show,the,fake,onion,colbert,kleenex,youtube,People,news,daily,

Published on: 8/17/2007 12:24:13 PM
Title: 1929 Wall Street Stock Market Crash
Categories: Wall,$$$,crunch,Rockefeller,stocks,NYSE,Morgan,News,blue,trading,JP,Great,crash,recession,Street,1929,Black,credit,DJIA,Tuesday,chips,Depression,

Published on: 6/20/2008 8:56:11 AM
Title: Dow Jones Stock Market Crash Down 777.68
Categories: Gold,Wall,Citibank,777.68,Reserve,Tresuary,Stock,News,NYSE,Street,Jones,Crash,Dow,Market,bills,Down,Federal,Wamu,

Published on: 9/29/2008 4:21:44 PM
Title: 1987 Market Crash, CNN news Story
Categories: News,cnn,1987,news,Market,Crash,nyse,

Published on: 3/16/2008 7:32:18 PM
Title: 'Don't Panic, Stocks are Safe!'
Categories: Stock,NYSE,Great,Regulation,Education,Wall,Street,Business,Market,Crash,Depression,

Published on: 9/29/2008 11:20:38 PM

Death Friday: Markets expected to crash

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U.S. stock futures plummetted this morning, pointing to a sharply lower open. S&P 500 and Dow Jones Industrial Average contracts actually reached their daily limit down and were limited to stop contracts. The Nasdaq contracts were trading just above their limits too. The indices dove by more than 6% on concerns over the global economy. Stocks in Asia and Europe tumbled as global economic slump will no doubt crimp earnings and as the financial crisis is seen infecting the broader economy. The Nikkei 225 plunged over 9% in Japan. Meanwhile, The yen climbed to a 13-year high against the dollar as investors shunned higher-yielding assets and oil retreated further below $65 a barrel despite OPEC cuts. Existing home sales for Septmber are on tap this morning. S&P 500 futures fell 60, or 6.6%, to 855.2 as of 7:19 a.m.EDT. Dow futures dropped 548 550, or 6.3%, to 8,226, while Nasdaq-100 Index futures declined 85, or 6.6%, to 1,168.

NYSE Euronext > Exchanges > Stopping stop-limit orders
Stopping stop-limit orders By: Ray Pellecchia File Under: NYSE, NYSE. 7 Comments; Email Entry; A reader on the sell side asks: Hi Ray, I have heard before that when all stocks ...
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WNS: Summary for WNS (HOLDINGS) LIMIT - Yahoo! Finance
WNS (HOLDINGS) LIMIT (NYSE: WNS) ... Quotes delayed, except where indicated otherwise. For consolidated real-time quotes ...
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NYSE Euronext > Exchanges > Limit orders with pepperoni
Limit orders with pepperoni By: Ray Pellecchia File Under: NYSE. 1 Comments; Email Entry; A couple of article of interest today: 1) The Wall Street Journal today reports, NYSE Is ...
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NYSE, New York Stock Exchange > Equities > NYSE Arca Equities
An undisplayed limit order that resides in the NYSE Arca limit order book. All displayed orders at the same price as a PL order will have priority over a PL order unless the PL ...
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NYSE, New York Stock Exchange > Equities > NYSE Equities > Order ...
ADot includes all SuperDot ® functionality, including NYSE Direct+ ® Institutions receive ... Entering Entity) and sponsoring member firm (SMF) agree on a dollar-value trading limit ...
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FACTBOX: Stock circuit breakers/futures limit-downs
Below are details of circuit-breaker levels for the New York Stock Exchange and Nasdaq, and limit-down thresholds for U.S. stock index futures by the CME Group. * * * * * NYSE CIRCUIT BREAKER LEVELS/NASDAQ These are thresholds at which trading on both ...
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Source: Reuters
NewsDateTime: 21 minutes ago

FACTBOX - U.S. stock circuit breakers/futures limit-downs
Below are details of circuit-breaker levels for the New York Stock Exchange and Nasdaq, and limit-down thresholds for U.S. stock index futures set by the CME Group. * * * * * NYSE CIRCUIT BREAKER LEVELS/NASDAQ These are thresholds at which trading on ...
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Source: Forbes
NewsDateTime: 35 minutes ago

NYSE, Nasdaq plan normal 9:30 a.m. open Friday
... NYSE, Nasdaq plan normal 9:30 a.m. open Friday 10.24.08, 7:37 AM ET ... Dow Jones futures, Standard & Poor's 500 futures and Nasdaq 100 futures contracts on Friday all fell by their daily limit ...
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Source: Forbes
NewsDateTime: 2 hours ago

Global Stocks, U.S. Futures Fall, Led by Carmakers; Yen Rallies
NYSE Trading Trading below the ``limit down'' level for the S&P 500 futures will resume when U.S. exchanges open for regular trading at 9:30 a.m. New York time, said Jeremy Hughes, a London-based spokesman for the Chicago Mercantile Exchange ...
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Source: Bloomberg
NewsDateTime: 21 minutes ago

Rite Aid plans reverse stock split to keep listing
Rite Aid received notice from the NYSE Thursday that its shares had fallen below the $1 limit for more than 30 days, meaning the stock was no longer in compliance with listing standards. To regain compliance, its shares have to be worth more than $1 ...
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Source: CNN Money
NewsDateTime: 10/17/2008


General Motors Corp. (NYSE: GM) shares are dropping over 13% in pre-market trade to $5.30 as concerns over its solvency increased. As Toyota (NYSE: TM) reported its first decline in years and as its attempt to merge with Chrysler are meeting roadblocks, traders are concerned about GM's health. GM has just announced more job cuts Thursday. Ford Motor (NYSE: F) shares are also down over 13% in pre-market action to $1.73 as investors have much the same concerns with Ford as they do with GM. Microsoft Corp. (NASDAQ: MSFT) shares are down 6% in pre-market trading after the software giant reported record earnings that beat estimates. Microsoft's guidance for the current quarter was weaker than Wall Street was expecting. Apple Inc. (NASDAQ: AAPL) shares are also down in pre-market trade -- 7.4% to $91. While there hasn't been any specific news on Apple, Samsung Electronics Co. reported a 44% drop in net earnings, which could be an indication to how there's no escape from the slump in the global economy. Intel (NASDAQ: INTC) joined the hammering of tech as its shares declined over 6.5% in pre-market trading. Exxon Mobil (NYSE: XOM) and Chevron (NYSE: CVX) each tumbled 7.7% and 5.7% respectively as the priced of oil and gas fell. Going over the DJIA components most stocks are trading down between 4%-13% pre-market action.


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Title: NYSE
Categories: trade,Stock,Exchange,People,Trading,New,York,floor,

Published on: 8/2/2007 9:38:25 PM
Title: Trading Floor at New York Stock Exchange (NYSE)
Categories: NYSE,WALL,EXCHANGE,STREET,YORK,NEW,Travel,STOCK,

Published on: 8/9/2007 8:00:32 PM
Title: THE NYSE GARAGE
Categories: garage,video,Entertainment,nysegirl,nyse,

Published on: 6/13/2007 3:25:38 PM
Title: NYSE CEO walks to Merrill Lynch
Categories: NYSE,News,Reuters,Euronext,news,Merrill,Thain,Lynch,financial,John,

Published on: 11/14/2007 5:21:53 PM
Title: Live Day Trading in Stocks in NYSE and Nasdaq
Categories: Help,qqqq,Education,learn,nyse,live,faq,futures,stock,Trading,Day,online,forex,

Published on: 9/5/2008 4:58:29 PM

Thursday, October 9, 2008

Oct. 9th , Financial Pearl Harbor

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- a day that will live in financial infamy Fear turned into panic on Wall Street today as sellers indiscriminately dumped shares and potential buyers stood frozen like deer in the headlights. Exactly one year after it hit its all-time high, the Dow Jones industrial average posted its seventh-straight loss, tumbling 678.91 points, or 7.3 percent, to close at 8,579.19. Since October began, it has fallen almost 21 percent. Investors seem to be losing faith in the ability of the world's governments and central banks to unfreeze the credit markets and prevent a severe recession. Also roiling the markets: The Securities and Exchange Commission today lifted its temporary ban on short-selling in almost 1,000 mostly financial companies. Short sellers, who bet against stocks they think will fall, have been blamed for contributing to the stock market collapse. Today, however, investors abandoned stocks in all industries. Only 12 of the 500 stocks in the S&P 500 index eked out a gain.
Even IBM, which reported third-quarter earnings that were better than expected and reaffirmed its outlook for the fourth quarter, saw its shares fall 1.7 percent. Much of the selling is believed to be coming from hedge funds and, to a lesser extent, mutual funds that need to sell stocks to pay off investors who want their money out. These funds are selling "whatever they can," says Stewart Pillette of Pillette Investment Management. Big, blue-chips stocks are often easier to sell than smaller ones, so they are getting jettisoned to raise cash. Coincidentally, today also marked the six-year anniversary of the end of the last bear market.
During that bear market, which ended Oct. 9, 2002, the Dow fell 38 percent, the S&P 500 lost almost 50 percent and the Nasdaq composite tumbled 78 percent. Since the current bear market started a year ago, the Dow has lost 39 percent, the S&P is off 42 percent and the Nasdaq is down 41 percent. All three indexes, however, are still above where they were when the last bear market ended. After treading in positive turf for part of the session, the Nasdaq Composite Index (RIXF) lapsed into the red, ending down 95.21 points at 1,645.12. Volume on the New York Stock Exchange topped 2 billion, and declining stocks outran those advancing 10 to 1. On the Nasdaq, nearly 1.4 billion shares traded, with decliners surpassing advancers nearly 5 to 1. In commodities trade, gold fell, with the contract for December delivery dropping $20 to end at $886.50 an ounce on the New York Mercantile Exchange. .
Oil futures for November delivery fell $2.36 to $86.59 a barrel, its lowest closing level so far this year.
Rate cuts The stock market's continued decline comes one day after the U.S. Federal Reserve, European Central Bank, Bank of England and other central banks made coordinated rate cuts. The moves seemed to make little impact on Wednesday with the Dow industrials dropping 189 points, the Nasdaq Composite falling 14 points and the S&P 500 shedding 11 points. "Despite the poor close, I do think we are finally at the point where the short-term downside risk is minimal. While the upside might take time to develop, recession, earnings and a credit crisis are discounted," said Marc Pado, U.S. market strategist at Miller Tabak. "The market could still go down another 10% or so from here just purely on momentum," according to Paul Nolte, director of investments at Hinsdale Associates. Hear Nolte.
According to a report, the Treasury Department is considering a plan to take ownership stakes in many U.S. banks, both healthy and troubled, the New York Times reported, citing unnamed government officials. Treasury Secretary Henry Paulson said in a speech Wednesday that he has the authority to do so under the $700 billion bailout plan. Britain on Wednesday announced a similar plan, though no U.K. bank as yet has taken government cash. "If Paulson heeds the advice of [U.K. Prime Minister Gordon] Brown and [ Chancellor Alistair] Darling, the chances that the U.S. economy will be steered away from a deep recession extending through 2009 will be greatly improved," said economists at RDQ Economics. In a related note, the Fed late Wednesday said it's going to lend $37.8 billion in additional cash to American International Group Inc. (AIG) for domestic life insurance subsidiaries in return for investment grade fixed-income securities. Stock futures had held an early advance after the Labor Department reported a decline in weekly jobless claims, which fell by 20,000 to 478,000 last week. . Overseas, Iceland nationalized its largest bank, Kaupthing, as a financial crisis deepened, meaning all three of its key banks are now under government control. In Russia, equities rebounded after tumbling earlier in the week, with oil and gas shares leading the rally and forcing Moscow's stock exchanges to suspend trading once again. A stock rally in London proved short lived, with the FTSE 100 index falling 1.2%. . In Asia, markets ended mixed after a volatile session.

Obama’s Impending Pearl Harbor : NO QUARTER
Obama’s Impending Pearl Harbor. By Larry Johnson close Author: Larry Johnson Name: Larry Johnson Email: larry_johnson@earthlink.net Site: http://NoQuarterUSA.net
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Pearl City Jobs (HI) | SimplyHired
Pearl City is located along the north shore of Pearl Harbor ... In USD as of Oct 7, 2008 ... Less than 9th grade: 6% 9th to 12th grade, no diploma: 7%
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Ain't It Cool News: The best in movie, TV, DVD, and comic book news.
... own credibility, stop comparing Pearl Harbor, Episode II or anything else to Titanic on a financial ... by query: May 9th, 2001 01:09:54 AM ... DVD Picks & Peeks - 1st week of Oct ...
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Oct 2, 5:44 PM EDT
... protracted economic downturn washed over the financial ... That would be the ninth straight month that the economy ... said the U.S. has been hit with an "economic Pearl Harbor," and ...
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National, Regional Retirement Experts Highlight Oct. 1-3 Myrtle Beach ...
... Association will host its 9th Annual Business Conference on Oct. 1 -3 ... on fears of US-led slowdown AP; Financial ... Crisis is 'an economic Pearl Harbor' Charlie Rose - Thu Oct 2, 9:11 ...
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October September August July June May April March February January ...
9-Oct-2008 ... Didn’t think so. Prospect Park Bandshell , 9th St. (at Prospect Park West), 718 ... which occurred last night at The Someday Lounge in the hipster enclave, The Pearl ...
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Source: Nypress.com
NewsDateTime: 13 hours ago

Obama About to Be Hit on Questionable Associates
Rezko's sentencing is scheduled for Oct. 28. The conservative Judicial Confirmation Network is running a TV ad tying Obama ... He chose as one of his first financial backers a slumlord now convicted on 16 counts of corruption. Obama chose as an associate ...
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Source: ABC News Blogs
NewsDateTime: 10/4/2008

RFID Anti-Skimming Laws Approved
... on $30,000 bail in Canada where he was arrested last month on suspicion of hacking into computers belonging to a financial ... In a U.S. 9th Circuit precedent, the court regarded both read and unread e-mail, or received and unreceived e-mail, as ...
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Source: Wired
NewsDateTime: 10/3/2008

Public comment sought on city rate increase
He also intends to disseminate an annual financial statement to the public to show exactly what the financial ... During WWII he was called to active duty after Pearl Harbor and captained a couple minesweepers including the SS Strategy ...
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Source: Modoc County Record
NewsDateTime: 8/28/2008

Book: 911 Commission Executive Director Had Closer White House Ties ...
... he had with Zelikow in Charlottesville, Virginia, on Oct ... The PNAC Plan for a New Pearl Harbor became reality. All subsequent ... the World Trade Center during the week of September 9th. Other warnings, such as massive insider trading on financial ...
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Source: Common Dreams
NewsDateTime: 8/21/2008


In Russia, equities rebounded after tumbling earlier in the week, with oil and gas shares leading the rally and forcing Moscow's stock exchanges to suspend trading once again. A stock rally in London proved short lived, with the FTSE 100 index falling 1.2%. . In Asia, markets ended mixed after a volatile session.


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Title: Stock Market and Monetary System on the verge of collapse
Categories: house,ron,dow,market,tuesday,euro,black,paul,of,moneytary,News,cards,stock,reserve,crash,policy,dollars,federal,fed,nasdaq,

Published on: 1/21/2008 7:48:28 PM
Title: Black Monday: 10-6-08 The Great Financial Market Crash
Categories: 06,Legatus,Bail,Microsoft,Stock,News,Financial,Catholic,Out,October,Monday,Crash,Market,08,Black,10,Wamu,Conspiracy,

Published on: 10/4/2008 11:03:18 PM
Title: Stock Market Crash - Robert Prechter on Bloomberg - Oct. 19, 2007
Categories: robert,1987,market,the,News,Fed,stock,central,crash,japan,commentary,bloomberg,news,prechter,banks,analysis,

Published on: 1/22/2008 9:15:33 AM
Title: FINANCIAL TSUNAMI IMMINENT!! The Stock Market Crash of 200?
Categories: aig,paulson,Education,out,market,mac,oil,Bail,bernake,stock,crash,inflation,fannie,trillion,freddie,mae,ben,hank,Government,dollar,

Published on: 9/19/2008 1:17:12 PM
Title: The Beginning of the Big Stock Market Crash of 2009
Categories: real,bad,Shanghai,estate,fin,Shenzhen,mortgage,taipan,News,amberger,debt,crash,China,subprime,news,banks,financial,

Published on: 9/10/2007 12:28:49 PM

The market has crashed and we are trapped inside it

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After treading in positive turf for part of the session, the Nasdaq Composite Index (RIXF) lapsed into the red, ending down 95.21 points at 1,645.12. Volume on the New York Stock Exchange topped 2 billion, and declining stocks outran those advancing 10 to 1. On the Nasdaq, nearly 1.4 billion shares traded, with decliners surpassing advancers nearly 5 to 1. In commodities trade, gold fell, with the contract for December delivery dropping $20 to end at $886.50 an ounce on the New York Mercantile Exchange. . Oil futures for November delivery fell $2.36 to $86.59 a barrel, its lowest closing level so far this year. Rate cuts The stock market's continued decline comes one day after the U.S. Federal Reserve, European Central Bank, Bank of England and other central banks made coordinated rate cuts. The moves seemed to make little impact on Wednesday with the Dow industrials dropping 189 points, the Nasdaq Composite falling 14 points and the S&P 500 shedding 11 points. "Despite the poor close, I do think we are finally at the point where the short-term downside risk is minimal. While the upside might take time to develop, recession, earnings and a credit crisis are discounted," said Marc Pado, U.S. market strategist at Miller Tabak. "The market could still go down another 10% or so from here just purely on momentum," according to Paul Nolte, director of investments at Hinsdale Associates. Hear Nolte. According to a report, the Treasury Department is considering a plan to take ownership stakes in many U.S. banks, both healthy and troubled, the New York Times reported, citing unnamed government officials. Treasury Secretary Henry Paulson said in a speech Wednesday that he has the authority to do so under the $700 billion bailout plan. Britain on Wednesday announced a similar plan, though no U.K. bank as yet has taken government cash. "If Paulson heeds the advice of [U.K. Prime Minister Gordon] Brown and [ Chancellor Alistair] Darling, the chances that the U.S. economy will be steered away from a deep recession extending through 2009 will be greatly improved," said economists at RDQ Economics. In a related note, the Fed late Wednesday said it's going to lend $37.8 billion in additional cash to American International Group Inc. (AIG) for domestic life insurance subsidiaries in return for investment grade fixed-income securities. Stock futures had held an early advance after the Labor Department reported a decline in weekly jobless claims, which fell by 20,000 to 478,000 last week. . Overseas, Iceland nationalized its largest bank, Kaupthing, as a financial crisis deepened, meaning all three of its key banks are now under government control. In Russia, equities rebounded after tumbling earlier in the week, with oil and gas shares leading the rally and forcing Moscow's stock exchanges to suspend trading once again. A stock rally in London proved short lived, with the FTSE 100 index falling 1.2%. . In Asia, markets ended mixed after a volatile session.

We are in the eye of the storm too, Taoiseach ...
Is it over, or are we just in the eye of ... America, the home of the free market, has been ... The Irish market, along with all the world's markets, crashed and then rebounded, but it ...
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Herb Greenberg » Blog Archive » Straight Talk on the Mortgage ...
When I asked him why somebody from inside the industry ... 20-year veteran of the mortgage industry, who has spent ... Either it will be stock market or housing market. We can ...
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US Stock Markets :: The Market Oracle :: Financial Markets Analysis ...
... pace as can be clearly seen in the chart below: the industrial index has crashed ... Leadership stocks and a count of the Very Weak Stocks in the Broad Market. From this data, we ...
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The Housing Bubble Blog » A Real, True Market Taking Care Of Itself
... the glut of homes on the El Paso market has caused prices to slow down.” “‘There’s so much on the market, so we ... the Vietnamese Class A housing market recently crashed in ...
more ...
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frontline: betting on the market: Tapes & Transcripts | PBS
Today's market, we believe, is there for us, helping to ... Look, here's the plans inside. This is where we're going to live, in ... in in just the last three years as the market has made ...
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Cached



Top Stories (Complete List, up to 1000 Stories)
... on Wexford County 9/23/2008 - Bailout Could Mean Hope For Local Housing Market 9 ... and Wife Duo Broke Into Little Traverse Township Home, Assaulted People Inside 8 ... 2008 - DNA Clears JonBenet Ramsey's Family 7/9/2008 - Deputies Say Thieves Crashed ...
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Source: 9&10 News
NewsDateTime: 10/1/2008

September 2008
So if the stock market is down next year, hello massive deficit. If we add another $250 billion for bank bailouts, we're talking about ... It has a power-law distribution. "We found that eighty per cent of the homeless were in and out really quickly ...
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Source: Meganmcardle.theatlantic.com
NewsDateTime: 9/30/2008

2008 (2150)
► January 16 - January 23 (1) The afternoon plenary session of the FRC Washington Briefing was called Lights, Camera, Values in Action . It included speeches from Dr. Ted Baehr, president of MovieGuide, Brad Moore, president of Hallmark Hall of ...
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Source: Dakota Voice
NewsDateTime: 9/30/2008

Extra! UIdaho Student Found Shot to Death
... really need to know if I am alone with this as my sleep pattern has ... Inside was an absolute mess. It was clear we were far from the first to explore, as graffiti covered many of ... protrudes from a shed after the plane, piloted by Bert Wolf, crashed ...
more ...
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Source: Spokane Spokesman-Review
NewsDateTime: 9/24/2008

WSJ/NBC Poll: Voters Doubt Palin’s Qualifications to Be President
Wall Street Crisis Campaign 2008 Heard on the Street Market Data Management Health Executive M.B.A. Deals Heard on the Street ... We know he has at least two operations for facial melenoma,a maliginant skin cancer. At his age, 72 (same as mine incidently), I ...
more ...
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Source: Wall Street Journal
NewsDateTime: 9/24/2008


In Russia, equities rebounded after tumbling earlier in the week, with oil and gas shares leading the rally and forcing Moscow's stock exchanges to suspend trading once again. A stock rally in London proved short lived, with the FTSE 100 index falling 1.2%. . In Asia, markets ended mixed after a volatile session.


Videos from YouTube
Title: Stock Market and Monetary System on the verge of collapse
Categories: house,ron,dow,market,tuesday,euro,black,paul,of,moneytary,News,cards,stock,reserve,crash,policy,dollars,federal,fed,nasdaq,

Published on: 1/21/2008 7:48:28 PM
Title: Black Monday: 10-6-08 The Great Financial Market Crash
Categories: 06,Legatus,Bail,Microsoft,Stock,News,Financial,Catholic,Out,October,Monday,Crash,Market,08,Black,10,Wamu,Conspiracy,

Published on: 10/4/2008 11:03:18 PM
Title: Stock Market Crash - Robert Prechter on Bloomberg - Oct. 19, 2007
Categories: robert,1987,market,the,News,Fed,stock,central,crash,japan,commentary,bloomberg,news,prechter,banks,analysis,

Published on: 1/22/2008 9:15:33 AM
Title: FINANCIAL TSUNAMI IMMINENT!! The Stock Market Crash of 200?
Categories: aig,paulson,Education,out,market,mac,oil,Bail,bernake,stock,crash,inflation,fannie,trillion,freddie,mae,ben,hank,Government,dollar,

Published on: 9/19/2008 1:17:12 PM
Title: The Beginning of the Big Stock Market Crash of 2009
Categories: real,bad,Shanghai,estate,fin,Shenzhen,mortgage,taipan,News,amberger,debt,crash,China,subprime,news,banks,financial,

Published on: 9/10/2007 12:28:49 PM

The great crash of 2008

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The world’s central banks tried to jump-start investors’ confidence today with coordinated interest rate cuts. On Wall Street, it looked like the move was doing the trick late in the day -- until the final 30 minutes of trading. The Dow Jones industrials had been up as much as 150 points going into the final half hour, then abruptly gave it all up and closed down 189.01 points, or 2%, to 9,258.10. Broader indexes also lost between 1% and 2%. It was the market's sixth straight loss, and left the Dow off 34.6% from its record high reached a year ago this week. Still, the action today was dramatically improved from the previous two sessions. The Dow was off 370 points Monday and 508 points Tuesday.
And Wall Street fared much better than Europe, where most market indexes plunged between 5% and 7% today despite the rate cut announcement. On the New York Stock Exchange, 749 stocks rose and 2,457 fell. That’s lousy, except when compared with Tuesday’s sell-off, when just 387 issues rose while 2,879 fell. On Monday, a mere 248 stocks were up. Some stocks today sparked genuine enthusiasm: Agricultural products giant Monsanto Co. reported a fiscal fourth-quarter loss, which was expected (it’s a seasonal issue). But the company said it expected fiscal 2009 earnings to be up 15% to 20% and that its farmer customers weren’t reporting trouble getting credit. Monsanto’s shares surged $7.26, or 9.8%, to $81.44. Among blue chips, battered General Electric Co. sank as low as $19.90 but finished at $20.65, up 35 cents. The overnight rate the company was offering on commercial paper was 1.25%, down from 1.90% on Tuesday, Bloomberg News reported. That hinted at some improvement in the credit markets. But other key short-term rates continued to climb, despite the central banks’ rate cuts. The three-month dollar Libor loan rate (short for London interbank offered rate) rose to 4.52% from 4.32% on Tuesday. If there’s to be a noticeable turn in confidence, "We’ll see it first in the credit markets and then in the equity markets," said Marshall Front, chairman of money manager Front Barnett Associates in Chicago. One other encouraging signal from the credit side: Massachusetts was able to sell $750 million in short-term tax-free notes today, a sign that investors were returning to the municipal debt market. That could bode well for California, which plans to tap the muni market for $4 billion in short-term funding next week. Meanwhile, oil prices looked for direction as traders weighed fears that a world recession will crimp demand against speculation that OPEC may cut output to keep prices from falling too far. Light, sweet crude rose 14 cents to $89.09 per barrel on the New York Mercantile Exchange. Declining issues outnumbered advancers by about 3 to 1 on the New York Stock Exchange, where volume came to 386.7 million shares. The Russell 2000 index of smaller companies fell 6.77, or 1.24 percent, to 539.80. In Asia, Japan's Nikkei 225 closed down 0.50 percent while the Hang Seng added 3.31 percent. In afternoon trading, European bourses advanced, with Britain's FTSE-100 up 1.65 percent, Germany's DAX up 0.86 percent, and France's CAC-40 up 0.34 percent. On the Net: * New York Stock Exchange: http://www.nyse.com * Nasdaq Stock Market: http://www.nasdaq.com

London Stock Exchange trading derailed by computer crash on frenzied ...
Trading on the London Stock Exchange has been halted after a computer fault. ... Alongside the rally in the FTSE 100 and in stock markets in Germany, France, and Italy ...
more ...
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Stock market has crashed; major mortgage companies have filed for ...
Bush says if you can look beyond this, our economy… ... Stock market has crashed; major mortgage companies have filed for bankruptcy...?
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rediff.com: Why did the stock market crash?
B lack Monday saw bloodbath on Dalal Street as the Indian stock markets crashed by over 1430 points in afternoon trade (the market has since then recovered somewhat), reminding ...
more ...
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Cached

The rouble has tumbled, the stock market has crashed, and investors ...
Moscow caught in a bear hug ... The rouble has tumbled, the stock market has crashed, and investors have pulled $25bn
more ...
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^DJI: Basic Chart for Dow Jones Industrial Average - Yahoo! Finance
Customize the date range from 1 day, 5-day, 1-month, 3-month, 5-month or more. Perform chart performance comparison with other stocks or market indices.
more ...
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Cached



Financial crisis brings global cooperation as everyone scrambles
Russia's stock market has crashed and shut down at least until Friday, an event that ordinarily would prompt front-page headlines by itself. Now it's a footnote in the wider emergency. All this explains yesterday's belated attempt by world authorities ...
more ...
go to website
Source: Baltimore Sun
NewsDateTime: 4 hours ago

Fear Trumps Greed as Market Woes Paralyze Economies (Update1)
The fear that has frozen credit markets means Ellen Logan can't sell her Chicago-area condominium. In Los Angeles ... quick end to the crisis, says 94-year-old Seth Glickenhaus , who was a messenger at Salomon Brothers when the stock market crashed on ...
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Source: Bloomberg
NewsDateTime: 6 hours ago

Government Made the Mess
As for the stock market crash fear, it crashed in 1974 and 1987, and there was not any Great Depression ... None of this has ever really been explained. When pressed, they go back to stock phrases, referring to "systemic risk" that really mean one ...
more ...
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Source: Street.Com
NewsDateTime: 10/3/2008

Retirement advocacy group supports Liberal proposal to change RRIF ...
But pensioners have lost significant value in their retirement portfolios as the stock markets have crashed. The Toronto Stock Exchange has ... CARP has been on the record suggesting that they do this permanently, not just in a market downturn," said ...
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Source: 680 News
NewsDateTime: 41 minutes ago

Congressman Jim Moran's News Commentary
... came into my office and those of my colleagues--so many that House websites crashed ... Small businesses are being refused the necessary short term credit to stock the ... As of this writing, the Federal Reserve has taken some of the funding in the ...
more ...
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Source: Falls Church News-Press
NewsDateTime: 5 hours ago


One other encouraging signal from the credit side: Massachusetts was able to sell $750 million in short-term tax-free notes today, a sign that investors were returning to the municipal debt market. That could bode well for California, which plans to tap the muni market for $4 billion in short-term funding next week. Tonight's town hall style debate is moderated by Tom Brokaw of NBC News. Brokaw will ask six or seven of the more than 6 million questions submitted over the Internet.


Videos from YouTube
Title: Stock Market Crash - Robert Prechter on Bloomberg - Oct. 19, 2007
Categories: robert,1987,market,the,News,Fed,stock,central,crash,japan,commentary,bloomberg,news,prechter,banks,analysis,

Published on: 1/22/2008 9:15:33 AM
Title: Wall Street Crash!
Categories: taxes,jp,wall,us,lehman,brothers,washington,lynch,mutual,News,street,merrill,bullriding,buyout,government,morgan,dollar,

Published on: 9/26/2008 10:04:37 AM
Title: The Wall Street Crash
Categories: Education,Wall,Street,Crash,history,GCSE,

Published on: 11/30/2007 7:17:29 AM
Title: FINANCIAL TSUNAMI IMMINENT!! The Stock Market Crash of 200?
Categories: aig,paulson,Education,out,market,mac,oil,Bail,bernake,stock,crash,inflation,fannie,trillion,freddie,mae,ben,hank,Government,dollar,

Published on: 9/19/2008 1:17:12 PM
Title: Stock Market Crash
Categories: stock,crash,moneymattersnetwork,market,Howto,rcrn,davidnharper,

Published on: 9/27/2008 3:02:40 PM

The stock market has crashed

A hrhughes. Production

Title The stock market has crashed published to hrhughes.

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The world’s central banks tried to jump-start investors’ confidence today with coordinated interest rate cuts. On Wall Street, it looked like the move was doing the trick late in the day -- until the final 30 minutes of trading. The Dow Jones industrials had been up as much as 150 points going into the final half hour, then abruptly gave it all up and closed down 189.01 points, or 2%, to 9,258.10. Broader indexes also lost between 1% and 2%. It was the market's sixth straight loss, and left the Dow off 34.6% from its record high reached a year ago this week. Still, the action today was dramatically improved from the previous two sessions. The Dow was off 370 points Monday and 508 points Tuesday.
And Wall Street fared much better than Europe, where most market indexes plunged between 5% and 7% today despite the rate cut announcement. On the New York Stock Exchange, 749 stocks rose and 2,457 fell. That’s lousy, except when compared with Tuesday’s sell-off, when just 387 issues rose while 2,879 fell. On Monday, a mere 248 stocks were up. Some stocks today sparked genuine enthusiasm: Agricultural products giant Monsanto Co. reported a fiscal fourth-quarter loss, which was expected (it’s a seasonal issue). But the company said it expected fiscal 2009 earnings to be up 15% to 20% and that its farmer customers weren’t reporting trouble getting credit. Monsanto’s shares surged $7.26, or 9.8%, to $81.44. Among blue chips, battered General Electric Co. sank as low as $19.90 but finished at $20.65, up 35 cents. The overnight rate the company was offering on commercial paper was 1.25%, down from 1.90% on Tuesday, Bloomberg News reported. That hinted at some improvement in the credit markets. But other key short-term rates continued to climb, despite the central banks’ rate cuts. The three-month dollar Libor loan rate (short for London interbank offered rate) rose to 4.52% from 4.32% on Tuesday. If there’s to be a noticeable turn in confidence, "We’ll see it first in the credit markets and then in the equity markets," said Marshall Front, chairman of money manager Front Barnett Associates in Chicago. One other encouraging signal from the credit side: Massachusetts was able to sell $750 million in short-term tax-free notes today, a sign that investors were returning to the municipal debt market. That could bode well for California, which plans to tap the muni market for $4 billion in short-term funding next week. Meanwhile, oil prices looked for direction as traders weighed fears that a world recession will crimp demand against speculation that OPEC may cut output to keep prices from falling too far. Light, sweet crude rose 14 cents to $89.09 per barrel on the New York Mercantile Exchange. Declining issues outnumbered advancers by about 3 to 1 on the New York Stock Exchange, where volume came to 386.7 million shares. The Russell 2000 index of smaller companies fell 6.77, or 1.24 percent, to 539.80. In Asia, Japan's Nikkei 225 closed down 0.50 percent while the Hang Seng added 3.31 percent. In afternoon trading, European bourses advanced, with Britain's FTSE-100 up 1.65 percent, Germany's DAX up 0.86 percent, and France's CAC-40 up 0.34 percent. On the Net: * New York Stock Exchange: http://www.nyse.com * Nasdaq Stock Market: http://www.nasdaq.com

London Stock Exchange trading derailed by computer crash on frenzied ...
Trading on the London Stock Exchange has been halted after a computer fault. ... Alongside the rally in the FTSE 100 and in stock markets in Germany, France, and Italy ...
more ...
go to website

Stock market has crashed; major mortgage companies have filed for ...
Bush says if you can look beyond this, our economy… ... Stock market has crashed; major mortgage companies have filed for bankruptcy...?
more ...
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Cached

rediff.com: Why did the stock market crash?
B lack Monday saw bloodbath on Dalal Street as the Indian stock markets crashed by over 1430 points in afternoon trade (the market has since then recovered somewhat), reminding ...
more ...
go to website
Cached

The rouble has tumbled, the stock market has crashed, and investors ...
Moscow caught in a bear hug ... The rouble has tumbled, the stock market has crashed, and investors have pulled $25bn
more ...
go to website

^DJI: Basic Chart for Dow Jones Industrial Average - Yahoo! Finance
Customize the date range from 1 day, 5-day, 1-month, 3-month, 5-month or more. Perform chart performance comparison with other stocks or market indices.
more ...
go to website
Cached



Financial crisis brings global cooperation as everyone scrambles
Russia's stock market has crashed and shut down at least until Friday, an event that ordinarily would prompt front-page headlines by itself. Now it's a footnote in the wider emergency. All this explains yesterday's belated attempt by world authorities ...
more ...
go to website
Source: Baltimore Sun
NewsDateTime: 4 hours ago

Party Like It's 1929!
When the stock market crashed in 1929, most Americans saw the value of their investments evaporate overnight, and then watched ... Shanty towns sprung up all over the country when people lost their homes and farms to foreclosure in what has been ...
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Source: Huffingtonpost.com
NewsDateTime: 3 hours ago

Uncle Sam: The Owner Of Last Resort
By my reckoning, Uncle Sam has already sunk in excess of $2 trillion through ... The housing market crashed, banks went under and now the government is here to save the ... Between 1929 and 1932, the stock market lost 90% of its value. A third of the nation ...
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Source: Forbes
NewsDateTime: 5 hours ago

Bear Markets Take No Prisoners
... just sold preferred stock issues that yield their Berkshire Hathaway (nyse: ... You are left with modest risk on top of what already has bloodied us. Actually ... The housing market crashed, banks went under and now the government is here to save the day
more ...
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Source: Forbes
NewsDateTime: 5 hours ago

Government Made the Mess
As for the stock market crash fear, it crashed in 1974 and 1987, and there was not any Great Depression ... None of this has ever really been explained. When pressed, they go back to stock phrases, referring to "systemic risk" that really mean one ...
more ...
go to website
Source: Street.Com
NewsDateTime: 10/3/2008


One other encouraging signal from the credit side: Massachusetts was able to sell $750 million in short-term tax-free notes today, a sign that investors were returning to the municipal debt market. That could bode well for California, which plans to tap the muni market for $4 billion in short-term funding next week. Tonight's town hall style debate is moderated by Tom Brokaw of NBC News. Brokaw will ask six or seven of the more than 6 million questions submitted over the Internet.


Videos from YouTube
Title: Shanghai Stock Crash China Green Energy NEWS more!
Categories: china,alternative,csi,market,energy,renewable,stocks,News,stock,300,rogers,shanghai,composite,jim,

Published on: 7/1/2008 2:29:43 AM
Title: Mini Stock crash video
Categories: stock,street,race,mini,cars,Autos,

Published on: 1/7/2008 1:32:59 PM
Title: Smash Beer Stocks Crash Compilation 1
Categories: Racing,Entertainment,2002,Season,NASCAR,2003,

Published on: 5/3/2007 10:24:54 PM
Title: Super Stock crash
Categories: stock,crash,super,ANDRA,westernational,Autos,

Published on: 4/1/2007 4:45:49 AM
Title: Smash Beer Stocks Crash Compilation 2
Categories: Racing,Entertainment,2002,Season,NASCAR,

Published on: 5/5/2007 10:39:33 AM

Tuesday, October 7, 2008

The second McCain, Obama debate: It's about the economy

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Presidential candidates John McCain and Barack Obama debated in Nashville, Tennessee, on Tuesday night. NBC's Tom Brokaw moderated the debate. With public anxiety mounting over financial markets and the economy, Sens. Barack Obama and John McCain engaged in a muted debate Tuesday night over who was to blame and whose plan would successfully address the problems. In the second presidential debate, at Belmont University in Nashville, Tenn., Obama faulted the Bush administration and by extension McCain for a deregulatory environment that he said had led to the economic meltdown. McCain, pledging to aid struggling homeowners, offered a proposal to direct the federal government to save families from foreclosure by buying mortgages they could no longer afford. "As president of the United States," McCain said in response to an audience member's question, "I would order the secretary of the Treasury to immediately buy up the bad home loan mortgages in America and renegotiate at the new value of those homes, at the diminished value of those homes and let people make those, be able to make those payments and stay in their homes. Is it expensive? Yes." Obama, who has been gaining strength in recent polls, actively engaged McCain, and repeatedly focused on the bread-and-butter struggles of Americans, vowing to help them with a "rescue package" for the middle class, not only for banks and insurance companies on Wall Street. The first part of the package, he said, would be tax cuts for all American households making less than $250,000 a year. "It means help for homeowners so that they
The moderator, Tom Brokaw of NBC News, is sifting through those millions of questions to find six or seven that he might pose. The other dozen or so questions will come from among an audience of about 80 likely voters from the Nashville area who will be on stage with the candidates. Mr. Brokaw will meet with audience members on Tuesday as he seeks a balance between foreign and domestic topics. The live audience was selected over the last week by the Gallup Organization, which made thousands of calls to find people who are truly uncommitted - that is, they may be leaning toward one candidate or the other but could still change their minds. “Only a small percentage of the population qualifies as uncommitted,” said Frank Newport, editor in chief of the Gallup Poll. The format allows about five minutes for each question: two minutes for each candidate and one minute for what the co-chairman of the Commission on Presidential Debates, Frank J. Fahrenkopf Jr., described as “interplay” to be managed by Mr. Brokaw.

Transcript of presidential debate
John McCain, Sen. Barack Obama debate in Mississippi ... The economy is slowing down, so it's hard to anticipate right ... Quick response to Senator Obama. MCCAIN: It's well ...
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McCain seeks to delay debate
... Obama rejected John McCain’s call Wednesday to delay Friday’s debate ... McCain discussed the economy in two telephone calls earlier Wednesday. Obama said it ... debate came as a surprise, saying McCain had told him in their second ...
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Cached

McCain, Obama Debate Debate Deals - The Caucus Blog - NYTimes.com
... the economy in July and a debate on foreign policy in August. “Its disappointing that Senator McCain ... McCain wants to get on stage with Obama ten times. Its the ... the second ...
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Cached

Obama, McCain Set Debates, But "Town Hall" Idea Is Dead - Yahoo! News
Barack Obama and John McCain will debate head-to ... John McCain looks forward to debating Barack Obama as often as possible, but it's ... included a debate on the economy and ...
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Cached

McCain Ad Mocks Obama as ‘The One’ - The Caucus Blog - NYTimes.com
... John McCain’s campaign. Its ... look Obama is talking about the economy and McCain is ... The second childhood, I believe its called. And Obama cannot do the same to McCain ...
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Site Presented By
... its a Democratic cycle (hard for a incumbent party to win three in a row, incumbent president extraordinarily impossible, economy in tank, Americans believe country is on wrong track). Second, Obama ... second debate between Barack Obama and John McCain ... it's tempting to say that Obama should give McCain ...
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Source: Salon
NewsDateTime: 13 hours ago

Support growing in Washington for reforms in mortgage rules
In the wild ride that is the McCain presidential campaign, Steve Schmidt ... The economy is the biggest issue in Michigan's November elections ... south to Belmont University in Nashville, Tenn., on Tuesday for the second presidential debate. It's ...
more ...
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Source: Baltimore Sun
NewsDateTime: 10/6/2008

Real-Time News
The issue isn't exactly how it's going to work ... The first presidential debate between Republican John McCain and Democrat Barack Obama remained in doubt ... It is also sure to add fire to a debate over the best approach to fix an ailing economy that can ...
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Source: Newark Star-Ledger
NewsDateTime: 10/7/2008

Casino Money Not a Sure Bet in Connecticut
But it's not just football that's happening there. In this election year, the ... Watch the Vice Presidential Debate -- ABC News Live Coverage Begins at 9 p.m. ET ... out in February for party caucuses that gave wide margins of victory to Obama and McCain's ...
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Source: ABC News
NewsDateTime: 10/6/2008

Political Candidates
NEW YORK (AP) _ It's starting to feel like Tina Fey is running for vice ... John McCain spent yesterday at a resort hotel in Sedona, Ariz., preparing for his second debate with Barack Obama. The Arizona senator plans to stay the weekend at his family ...
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Source: Morning Call
NewsDateTime: 10/6/2008


The format allows about five minutes for each question: two minutes for each candidate and one minute for what the co-chairman of the Commission on Presidential Debates, Frank J. Fahrenkopf Jr., described as “interplay” to be managed by Mr. Brokaw.
When the candidates meet tonight at Belmont University in Nashville, Tenn., for their second of three debates, the pressure will be on McCain, who is trailing in the polls, to convince people to reconsider their priorities as well as their votes. That means continuing his campaign's strategy of attacking Obama's judgment, analysts said. "He's got a very difficult task ahead of him," said Torie Clarke, a Republican strategist and ABC News political consultant. "He has to do something different. He has to say something that will change the game. He has to inject something into the system that will shake things up, because right now, it does not look good." Tonight's town hall style debate is moderated by Tom Brokaw of NBC News. Brokaw will ask six or seven of the more than 6 million questions submitted over the Internet.


Videos from YouTube
Title: 1 of 11 - Obama / McCain Presidential Debate from Mississippi - 9/26/08
Categories: election,first,barack,obama,2008,mccain,News,debate,foreign,policy,john,presidential,Mississippi,university,

Published on: 9/27/2008 12:00:55 AM
Title: McCain vs. Obama Debate Wrap Up
Categories: turks,pal,barack,democratic,obama,president,the,economic,mccain,News,sarah,nominee,young,up,john,republican,wrap,plan,debates,

Published on: 9/26/2008 11:08:54 PM
Title: AP Analysis: The First McCain-Obama Debate
Categories: analysis:,News,debate,first,presidential,ap,mccain-obama,

Published on: 9/26/2008 11:01:40 PM
Title: Bracelet Battle (McCain/Obama Debate)
Categories: military,cnn,basketball,war,obama,Comedy,26,sept,mccain,video,debate,news,parody,bracelet,dennys,

Published on: 9/27/2008 2:57:32 PM
Title: Obama: Debate is 'More Important Than Ever'
Categories: economy,Florida,Barack,mccain,News,Obama,Avail,bailout,john,Press,suspension,Clearwater,campaign,

Published on: 9/24/2008 5:48:13 PM


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