Stocks jump, shrug off Italy election fears
Wall Street stock futures are largely looking past steep declines for markets across Europe following a vote in Italy pointing to political deadlock.
Stocks jumped Tuesday morning as investors largely looked past steep sell-offs in European markets following a vote Monday in Italy that points to political deadlock.
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“Open your eyes”
Since: Sep 09
#1 Feb 26, 2013
I Hope Youre Ready:The Sell-Off Today Is The Start. Not the End.
Theyd have us believe that happy days are here again. And, if your only source of information for economic news is the mainstream media and their talking heads, then in all likelihood youve bought into the hype about an economy on the rebound, consumers being more confident, housing prices in recovery and a government thats soon to resolve Americas fiscal woes.
Nothing could be further from the truth. We are very rapidly approaching a situation that could be much, much worse than what we experienced in 2008.
Remember, in 2008 then Secretary of the Treasury Hank Paulson warned that we were literally on the brink of collapse and Congressional representatives were told that the situation was so serious that should the economy, financial markets and the US dollar crash, it would lead to riots and the need for martial law.
Were not making this up see for yourself:
(con'd in link)
#2 Feb 26, 2013
Too many comedians in america and they get paid good but too what purpose/value? Millions of dollars for little comic routine what value/purpose? It's liken to a monopoly money coming from comic routine. LOL!~
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