Clareified

Where does the good go

George Bush’s America

Stocks tumbled across the board Tuesday, with the Dow industrials sinking about 500 points at one point. It closed 415 points down — the biggest one-day drop since the stock market reopened after the September 11th attacks. The New York Stock Exchange tried to limit declines by imposing trading curbs. The selloff is on the back of a nearly eight-month rally.

And now they are claiming that a computer glitch caused the drop!

5 Responses to “George Bush’s America”

  1. Joe- Unimpressed Says:

    WOO HOO! Over here everyone. comment on this post… keep away from Dawn’s goal. Quick how many lights on YOUR car. Come on post here. STay away from that other thread. It’s icky!

  2. Dawn Summers Says:

    hahahahaaah

  3. Chugarte Says:

    I see nothing about a glitch in that article. Did I not read carefully enough?

  4. Mary Says:

    Stuck $1873 for the day. I’m planning on getting it all back at the Crackhouse. Bring those big bills everyone!

    : )

  5. Casca Says:

    Forty-six months without a 2% correction, the market usually has eight a year. I remember Black Monday in ’87. During the Nixon years the Dow popped 1000, then Carter drove it down into the 600’s. Reagain came in and launched it into orbit by tightening the money supply with Voelker at the Fed, thus killing inflation until another fool comes along. By ’87 the Dow was over 2000 and climbing, until October when it lost 22% of its value in a month. Ladies and Gentlemen, this is called a buying opportunity. Raise and take another card.

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