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Subscribe to RSSWall Street was wavering Monday after Greece admitted that it will miss its deficit targets this year and next, despite its recent austerity measures.
The Dow Jones industrial average sank almost 100 points at the start of trading, but was lately working off that loss and edging higher.
The downbeat news from Greece has raised concerns over plans for another international bailout plan for the debt-ridden nation and raises the possibility of Greece defaulting on its bonds. Euro zone finance ministers will meet in Luxembourg later Monday to discuss the plans to resolve the region’s sovereign debt crisis.
Shares in Europe were down sharply. Major stock market indexes in Germany, France and Spain fell more than 2 percent.
In economic news, investors examined data on manufacturing and construction spending. Also, major automakers are releasing figures on their sales in the U.S. in September.
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What do you think would happen if employee 401K contributions stopped? Do you think wall street could pay back even 1 % of the money that has been poured in? There would be a lot of people that thought they were rich wake up into bankruptcy tommorrow. Wall street is a lie. It should be bulldozed. It's time those best and brightest on wall street get the leg irons they deserve.
But replaced by what?
And "other" concerns as well. It is NOT just Europe and the socialist currency the euro. It is also about the marxist in the WH.
Obama looks nothing like Karl Marx.
Yeah he can not even grow a really great beard.
Chrysler sales are UP 27%, you would think that would help out the markets a little. But No.
Nope people dwell on the negitives.
Come on boys, -1.2 isn't even a good start, let's get her down about 500.
Please be careful what you wish for.
Ren, stop your hate and drivel!
The lesson that we should learn from this is -
You can not have a bloated federal government and provide massive amounts of benefits.
America was strong when people knew they had to work to make it. Now somehow many people feel they are entitled to welfare, foodstamps, WIC, Unemployment, Social Security.
There are people drawing from Social Security that never paid in a dime. (If you paid in great you deserve it)
There are third and forth generation welfare people
here are people out there they have been on welfare since they were 21
We need to get manufacturing back in america and stop buying chinese
We need to stop making business owners and the rich seem like the bad guys
We need to also regulate CEO pay. Its american jobs paying for this excess in pay.. The rich need to pay tax . Warren buffet said" It enough of that, I pay only 17% , thats because I want too". Yea the poor rich people need that 4th or 5th mansion and more Ar+se lickers who can rag on poor people for them. They got bored with the currrent batch of puerto ricans bum wipper min wage people they employ. THey want poor white folk to do more of the ar+ licking. They got really big bums now.
Yea the land of the minimum wage with a college education. yay.
Wall street has a lot more to fear than its concerns about europe, they should be concerned if the citizens in front of wall street take up arms and come after them and I hope this is the path that these citizens take. We need civil war to return to what made this country to what made it great and outlaw Sharia law and the republican party and its ultra conserative views. The distinction between Hilter's views and the Republican views are becoming smaller and smaller.
Ummm, Hitlers views are much more aligned with the Dems/libs than the Reps. Nice try, though.
ALL politians EVERYWHERE, ALWAYS have played the same game. Stay in power by paying enough to enough supporters. Applying simple economics to the form of govt determines the "enoughs". If you're paying off a bigger group of supporters (democracies), individuals are easier to replace therefore it takes less money each to keep them in line. Smaller support groups (dictators) get paid more for each individual cuz they're harder to replace. You can control the US with about 20% support because the electorial college. About 25% for a parliament and 50% for pure democracy. But its all the SAME mechanics.
What are you talking about...
Its fox news. Its all complicated for us. See the banksters rule america with the other rich families. They need more A+se lickers. The current batch don't lick well enough.
When the poor rich kid that made it rich Steve jobs, they did some a licking. But it was not hitting the g-spot. We need more practice and more candidates. We need SUPER A LIckers.
Europe has enjoyed excessive govt. handouts and giveaways due to the U.S. paying for the large majority of their military defense the past few decades. Instead of banking the money, the politicians bought votes with future promises that they knew they could never keep. Gee, sounds like the libs/unions here.
It will only get worse as our underfunded public pension liabilities are just too big to actually ever fund - and the politicians/union 'leaders' will at some point have to come to grips with that fact.
Yea the idiot europeans dont go and die in the parks because of lack of health care. We ought to fine people for dieing in parks and under bridges and that. If they cant pay , Ought to die somewhere out of site.
The idiot europeans all have health care because of the USA subsides them.
( sarcasm = else the fox news watchers might think its real)
We have a global economy,we must compete...China wages are at 10 cents per hour. The liberal mandate "red tape" on min wage needs to end... We must compete or were toast..
Did you hear this? The supremn court will decide if Obama care is legal....What? So now Gov employees will decide if it legal....when they're Gov employees and they're on Gov health care... What a country!
We can never compete with $1 a day... instead we should use tariffs to level the playing field.
Lets bomb china. (sarcasm for nitwits)
the real headline is: "Wallstreet wavers amidst fear of american democracy in action"
occupywallstreet.org is where the real news is
MSNBC is censoring and is controlled by the government and big business
wallstreet theives can not take care of their portfolios because they are too busy biting their nails.
wallstreet knows they live in a fantasy world and it can all come crashing down in one instant
all they really have is a number on a piece of paper
for wallstreet gamers, perception is the enemy, fantasy is the ally
only problem for them is there is such a small number of them and such a large number of outraged american law abiding citizens
President Obama, you had better say something we outraged american law abiding citizens want to hear on Yahoo today at 2:30 United States Eastern time.
We are listening for our leader to speak to us
go to yahoo to hear President Obama
BTW he works for us, we do not work for him
google this
president obama yahoo questions
well it looks like he is not ready to speak directly to us
he will have to eventually