Thursday, October 09, 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.


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


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The market has crashed and we are trapped inside it

A blogging2007. Production

Title The market has crashed and we are trapped inside it published to blogging2007.

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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 ...
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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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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 ...
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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 ...
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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


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The market has crashed and we are trapped inside it

A blogging2007. Production

Title The market has crashed and we are trapped inside it published to blogging2007.

Report sent to blogging2007. about 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.

London Stock Exchange trading derailed by computer crash on frenzied ...
This has been caused by uncertainty in the markets, with people taking a shorter-term view to their trading. "It seems like the LSE had been forced to deal with a lot more than it ...
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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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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
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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 ...
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Russian markets, banks under pressure
The market has crashed, hence the highly liquid funds the banks hold are not so liquid." The central bank estimates that liquidity demands will rise to 400 billion rubles ($15.5 ...
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Transportation Accidents
An elderly driver who crashed into a deputy sheriff's cruiser on the Long Island ... prospect that perhaps this is the big one, the 100-year flood in the stock market ... The state has dropped its murder charge against Waldemar Rivera, accused of a ...
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Source: Hampton Roads Daily Press
NewsDateTime: 10/8/2008

Technology - InfoWorld
A privately funded rocket made it into space, while stock market funds crashed to earth. Mono 2.0 lets .Net apps run on Linux Mon Oct ... That rather basic lesson has taken much of the computer industry far too many years to learn. Successful SaaS ...
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Source: Yahoo News
NewsDateTime: 10/8/2008

Sign up for the Gamasutra Daily Newsletter!
Why Mario Galaxy Crashed, Call of Duty Prospered [Throughout this week, simExchange ... Duty 4 (Xbox 360) in November and December, Super Mario Galaxy disappointed the market ... There's no doubt that Mario has and will continue to do better than CoD. But ...
more ...
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Source: Gamasutra
NewsDateTime: 10/7/2008

Transportation Industry
... handles discontinued operations of Travelers' United Kingdom-based London Market... ... The Inland Lakes Railway in Eustis has launched a Murder Mystery Express dinner ... Fossett are trying to determine if weather played a role the day his plane crashed ...
more ...
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Source: Hartford Courant
NewsDateTime: 10/8/2008

Police Investigations
Officer Daniel Sullivan has been placed on administrative leave pending the ... Army base in Iraq and selling it on the black market. Lee W. Dubois, 32, of ... Police released the name of a woman who crashed into the patio of a restaurant right ...
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Source: Hampton Roads Daily Press
NewsDateTime: 10/8/2008


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: 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 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: 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


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The great crash of 2008

A blogging2007. Production

Title The great crash of 2008 published to blogging2007.

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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...?
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 ...
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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.
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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 ...
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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 ...
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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 ...
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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.


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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


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The stock market has crashed

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Title The stock market has crashed published to blogging2007.

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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 ...
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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 ...
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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
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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.
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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 ...
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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
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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 ...
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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.


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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


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Tuesday, October 07, 2008

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

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Title The second McCain, Obama debate: It's about the economy published to blogging2007.

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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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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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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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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 ...
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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.


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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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The Transcript of second McCain, Obama debate

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Title The Transcript of second McCain, Obama debate published to blogging2007.

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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. Here is a transcript of that debate. Sen. Barack Obama and Sen. John McCain meet in Nashville for their second debate. Brokaw: Good evening from Belmont University in Nashville, Tennessee. I'm Tom Brokaw of NBC News. And welcome to this second presidential debate, sponsored by the Commission on Presidential Debates. Tonight's debate is the only one with a town hall format. The Gallup Organization chose 80 uncommitted voters from the Nashville area to be here with us tonight. And earlier today, each of them gave me a copy of their question for the candidates. From all of these questions -- and from tens of thousands submitted online -- I have selected a long list of excellent questions on domestic and foreign policy. Neither the commission nor the candidates have seen the questions. And although we won't be able to get to all of them tonight, we should have a wide-ranging discussion one month before the election. Each candidate will have two minutes to respond to a common question, and there will be a one-minute follow-up. The audience here in the hall has agreed to be polite, and attentive, no cheering or outbursts. Those of you at home, of course, are not so constrained. The only exception in the hall is right now, as it is my privilege to introduce the candidates, Sen. Barack Obama of Illinois and Sen. John McCain of Arizona. Gentlemen? Gentlemen, we want to get under way immediately, if we can. Since you last met at Ole Miss 12 days ago, the world has changed a great deal, and not for the better. We still don't know where the bottom is at this time. As you might expect, many of the questions that we have from here in the hall tonight and from online have to do with the American economy and, in fact, with global economic conditions. I understand that you flipped a coin. And, Sen. Obama, you will begin tonight. And we're going to have our first question from over here in Section A from Allen Shaffer. Allen? Shaffer: With the economy on the downturn and retired and older citizens and workers losing their incomes, what's the fastest, most positive solution to bail these people out of the economic ruin? Obama: Well, Alan (ph), thank you very much for the question. I want to first, obviously, thank Belmont University, Tom, thank you, and to all of you who are participating tonight and those of you who sent e-mail questions in. I think everybody knows now we are in the worst financial crisis since the Great Depression. And a lot of you I think are worried about your jobs, your pensions, your retirement accounts, your ability to send your child or your grandchild to college. And I believe this is a final verdict on the failed economic policies of the last eight years, strongly promoted by President Bush and supported by Sen. McCain, that essentially said that we should strip away regulations, consumer protections, let the market run wild, and prosperity would rain down on all of us. It hasn't worked out that way. And so now we've got to take some decisive action. Now, step one was a rescue package that was passed last week. We've got to make sure that works properly. And that means strong oversight, making sure that investors, taxpayers are getting their money back and treated as investors. It means that we are cracking down on CEOs and making sure that they're not getting bonuses or golden parachutes as a consequence of this package. And, in fact, we just found out that AIG, a company that got a bailout, just a week after they got help went on a $400,000 junket. And I'll tell you what, the Treasury should demand that money back and those executives should be fired. But that's only step one. The middle-class need a rescue package. And that means tax cuts for the middle-class. It means help for homeowners so that they can stay in their homes. It means that we are helping state and local governments set up road projects and bridge projects that keep people in their jobs.
Tom Brokaw of NBC, the moderator, screened their questions and also chose others that had been submitted online.
"The Straight Talk Express lost a wheel on that one," he said. He said his plan would only tax those making more than $250,000 a year, and most small businesses would not be affected. He also has a proposal for a tax cut that he said would cover 95 percent of Americans. Obama has solidified his national lead in polls ahead of the Nov. 4 election and gained an edge in crucial battleground states in recent weeks as the Wall Street crisis focused attention on the economy, an area where polls show voters prefer the Illinois senator's leadership. The economic turmoil continued on Tuesday, with stocks tumbling for the second consecutive day in a sign the $700 billion bailout of U.S. financial institutions did not ease market concerns about the economy. Asked about a possible Treasury secretary under their administrations, both candidates mentioned Omaha's legendary investor Warren Buffett, a supporter of Obama. The debate featured little of the anger and aggressive attacks that have been featured on the campaign trail in the last week. Polls judged Obama the winner of the first debate two weeks ago, but Tuesday's debate was conducted in a looser town hall format where questions were asked by the audience -- a favorite setting for McCain and a staple of his campaigns in the battle for the party nomination this year and in 2000. About 100 undecided Nashville voters identified by the Gallup polling company posed the questions. The candidates sat on stools and were free to roam the stage.
The number who say he's got the kind of experience it takes to serve effectively as president, while a majority for the first time, is only narrowly so, 52 percent.
Sen. Barack Obama is riding economic discontent to an advantage in Ohio, bolstered in part by financially stressed voters in the state's hard-hit industrial belt -- and following it up with a more extensive ground campaign in this key contest. McCain and Obama enter Tuesday night's second presidential debate at Belmont University with a real sense of a race that's slipping away from McCain -- and a growing realization in GOP circles that the Republican ticket has a dwindling number of chances to reclaim the narrative.
McCain gets the format he wants, but not the backdrop. If the debate follows the logical progression of the week, we will continue down the path of least subsistence into out-and-out, guilt-by-association name-calling -- led there, in all likelihood, by McCain, whose campaign is trying to thrust "character" into a campaign that may not welcome it. Does McCain want to go there? Will/should even nasty attacks register when compared to the psychological blows arriving in mailboxes these days, depicting shattered 401(k)s? And with Tuesday night's town-hall format, does a candidate want to throw bombs when there are civilians in range? It may be too late for those choices: It's on, and it's ugly. In the run-up to the debate No. 2, McCain and (particularly) Palin have gone personal -- and Team Obama responded by bringing up the Keating 5. "Who is the real Barack Obama?" McCain said Monday (with now-casual references to Obama's "lies"), per ABC's Jake Tapper and Bret Hovell. "Even at this late hour in the campaign there are things we don't know about Senator Obama or the record that he brings to this campaign." And -- going further, but still not as far as she wants to go -- Palin "invoked fear for the first time when discussing Sen. Barack Obama's connection to former 60's radical William Ayers," per ABC's Imtiyaz Delawala. "I am just so fearful that this is not a man who sees America the way that you and I see America -- as the greatest source for good in this world," said Palin, R-Alaska. Obama, she said, "launched his political career in the living room of a domestic terrorist." No turning back from here: "Mr. McCain made clear on Monday that he wanted to make the final month of the race a referendum on Mr. Obama's character, background and leadership -- a polite way of saying he intends to attack him on all fronts and create or reinforce doubts about him among as many voters as possible," Adam Nagourney writes in The New York Times. "And Mr. Obama's campaign signaled that it would respond in kind, setting up an end game dominated by an invocation of events and characters from the lives of both candidates." "Look, I'm not sitting here with my feet up," said senior Obama adviser David Axelrod. "The back-and-forth, coming on the eve of a presidential debate tonight, represented some of the strongest language yet in a race that has grown increasingly negative and signaled that the final four weeks of the campaign could grow even nastier,"
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
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McCain, Obama headed to Washington for bailout talks - CNN.com
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McCain, Obama Agree to Fall Debate Schedule - FOXNews.com Elections
John McCain and Barack Obama have agreed to three presidential debates in the fall and ... The second one will be a town hall debate moderated ... Transcript of FOX News ...
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Couric's Debate Webcast, Katie's Web-Only Show Has Surprise Guests ...
Second Presidential Debate (town meeting) Tuesday, October 7 ... Joint Palin-McCain Interview: Transcript | Watch Video ... Diary Survives 37-Mile Fall To Earth; Obama, McCain ...
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Obama Backs Away From McCain Town Hall Challenge - FOXNews.com ...
... Plouffe had suggested Obama-McCain ... Transcript of FOX News' Interview ... Michigan Pullout, Takes Second Stab at 'Gotcha' Questions »Biden-Palin Debate Ratings Far Exceed Obama-McCain ...
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Transcript of second McCain, Obama debate
NASHVILLE, Tennessee (CNN) -- Presidential candidates John McCain and Barack Obama are debating in Nashville, Tennessee, on Tuesday night. NBC's Tom Brokaw moderated the debate. Here is a transcript of that debate, as it happens. Sen. Barack Obama ...
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Source: CNN
NewsDateTime: 3 hours ago

Q&A Transcript
Vice Presidential Debate: It appears that many people are having second thoughts about Palin's ... With the race appearing to solidify in Obama's favor, what might the next McCain ... Wokingham, U.K.: If there were a genuine debate between McCain and ...
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Source: Washington Post
NewsDateTime: 10/2/2008

Sarah Palin Holds Her Own at the VP Debate and Congress Passes a ...
This is a rush transcript from "The Beltway Boys", October 4, 2008, that ... KONDRACKE: The Republicans were in the doldrums going into the debate partly because John McCain ... As you said, the race is about McCain and Obama. Beside, I think the important ...
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Source: FOX News
NewsDateTime: 10/6/2008

Q&A Transcript: Slate Bloggers Preview the Debate
... Palin is agony for women (Slate, Oct. 2) ; How to Debate a Girl, and Win (Slate, Oct. 1) The transcript follows ... Seems to me that McCain's chomping away at Obama last week backfired, or at least ... on the question of legalization of abortion, on second ...
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Source: Washington Post
NewsDateTime: 10/2/2008

CNN’s Drew Griffin Does a Real Fact-Check on Obama/Ayers Connection
The full transcript of Drew Griffin’s ... Supporters of the McCain campaign say, look, this is all fair game. In a debate earlier this year, Barack Obama described ... Annenberg Challenge, Barack Obama and Bill Ayers also served together on a second ...
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Source: News Busters
NewsDateTime: 3 hours ago


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.


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


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