Congrats to the TeaParty : they did cut 2.5 trillion

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  • directfiesta
    Too lazy to set a custom title
    • Oct 2002
    • 30135
    #1

    Congrats to the TeaParty : they did cut 2.5 trillion

    ... off the stock market in only one week ...

    Rough week: $2.5 trillion wiped off world stocks

    LONDON ? More than $2.5 trillion have been wiped off the value of world stocks this week on mounting concerns the global economy is heading toward another recession and Italy and Spain are being engulfed by the euro zone sovereign debt crisis.

    The sum wiped off the MSCI All-Country World Index is almost equivalent to the size of the entire French economy.

    The MSCI All-Country World Index is down 8.6 percent this week, on track for its biggest weekly percentage fall since November 2008.


    The U.S. S&P 500 index alone has lost more than $840 billion from its market capitalization this week , while European equities measured by the MSCI Europe have lost more than $817 billion.

    "These are markets to be careful (in), not to try and be a hero," Royal Bank of Scotland Chief Executive Stephen Hestor told reporters after the bank announced its first-half results.

    http://www.msnbc.msn.com/id/44049611.../#.Tj7S6IK8vzs
    Gotta admit, they are effective in downsizing ...
    I know that Asspimple is stoopid ... As he says, it is a FACT !

    But I can't figure out how he can breathe or type , at the same time ....
    Tags: None
    • DaddyHalbucks
      A freakin' legend!
      • Feb 2004
      • 18975
      #2
      At least you have stopped blaming GWB.
      Boner Money

        Comment

        • seeandsee
          Check SIG!
          • Mar 2006
          • 50945
          #3
          imaginary cash wiped out to no were, cute
          BUY MY SIG - 50$/Year

          Contact here

            Comment

            • IllTestYourGirls
              Ah My Balls
              • Feb 2007
              • 14311
              #4
              Fact is we did not cut enough. Fact is that the neocons and democrats did not want to cut enough. The compromise should have been with greater cuts and an BBA but the democrats blocked that. Then Reid tabled the bill that passed congress and then filibustered his own bill until the 12th hour. Blaming less than 12% of the congress for this is pretty funny.

              If you truly think the tea party, a bunch of freshman that make up less than 12% of congress, is to blame for this then you would also have to admit the HUGE failure of the president and Senate Majority leader for not coming up with a plan.

              Seriously, you are going to blame freshman congresspeople that are less than 12% of the congress without placing the blame on failed leadership in the White House?

                Comment

                • directfiesta
                  Too lazy to set a custom title
                  • Oct 2002
                  • 30135
                  #5
                  Originally posted by IllTestYourGirls
                  Fact is we did not cut enough. Fact is that the neocons and democrats did not want to cut enough. The compromise should have been with greater cuts and an BBA but the democrats blocked that. Then Reid tabled the bill that passed congress and then filibustered his own bill until the 12th hour. Blaming less than 12% of the congress for this is pretty funny.

                  If you truly think the tea party, a bunch of freshman that make up less than 12% of congress, is to blame for this then you would also have to admit the HUGE failure of the president and Senate Majority leader for not coming up with a plan.

                  Seriously, you are going to blame freshman congresspeople that are less than 12% of the congress without placing the blame on failed leadership in the White House?
                  ./.. fiction ....
                  I know that Asspimple is stoopid ... As he says, it is a FACT !

                  But I can't figure out how he can breathe or type , at the same time ....

                    Comment

                    • Doctor Dre
                      Too lazy to set a custom title
                      • Jan 2001
                      • 51692
                      #6
                      Originally posted by IllTestYourGirls
                      Fact is we did not cut enough. Fact is that the neocons and democrats did not want to cut enough. The compromise should have been with greater cuts and an BBA but the democrats blocked that. Then Reid tabled the bill that passed congress and then filibustered his own bill until the 12th hour. Blaming less than 12% of the congress for this is pretty funny.

                      If you truly think the tea party, a bunch of freshman that make up less than 12% of congress, is to blame for this then you would also have to admit the HUGE failure of the president and Senate Majority leader for not coming up with a plan.

                      Seriously, you are going to blame freshman congresspeople that are less than 12% of the congress without placing the blame on failed leadership in the White House?
                      Right wing americans just seem so out of toutch of reality with what's going on... there is probaby not a singe country's governement in the world supporting your world view.
                      Originally posted by rayadp05
                      I rebooted, deleted temp files, history, cookies and everything...still cannot view the news clip. All I see is that fucking gay ass music video from "Rick Roll". Anyone else have a different link to the news clip?

                        Comment

                        • IllTestYourGirls
                          Ah My Balls
                          • Feb 2007
                          • 14311
                          #7
                          Originally posted by Doctor Dre
                          Right wing americans just seem so out of toutch of reality with what's going on... there is probaby not a singe country's governement in the world supporting your world view.
                          And my world view would be?

                            Comment

                            • DaddyHalbucks
                              A freakin' legend!
                              • Feb 2004
                              • 18975
                              #8
                              You're falling down at your game!

                              You forgot to call them "terrorists" "racists" "delusional" etc..

                              Boner Money

                                Comment

                                • GatorB
                                  The Demon & 12clicks
                                  • Oct 2001
                                  • 18208
                                  #9
                                  Originally posted by DaddyHalbucks
                                  At least you have stopped blaming GWB.
                                  Well he was in charge when this all started. What gets me is that people expect one guy to fix something in 30 months that took someone else 8 years to fuck up. Mihgt be able to get done if one had COOPERATION from the House.

                                    Comment

                                    • Joshua G
                                      dumb libs love censorship
                                      • Jul 2008
                                      • 8198
                                      #10
                                      you know, when the real estate bubble was in full swing, a handful of people named ron paul stood forth & said this was wrong. nobody listened, & wall street burned.

                                      the deficit is another bubble. every dime spent with borrowed money is artificial growth. Fake growth. Growth unsustainable without more spending. this is why governments cannot spend the economy into prosperity.

                                      tea party fights to save america from trust fund child liberals who spend away the countries wealth.

                                        Comment

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