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Title: U.S. Stock Futures Decline After Lawmakers Fail to Reach Debt-Ceiling Deal
Source:
Bloomberg
URL Source: http://www.bloomberg.com/news/2011- ... o-reach-debt-ceiling-deal.html
Published: Jul 24, 2011
Author: Bloomberg
Post Date: 2011-07-24 22:44:21 by go65
Keywords: None
Views: 1666
Comments: 19
U.S. stock futures fell, indicating the Standard & Poor’s 500 Index will drop after rallying within 1.4 percent of a three-year high, as President Barack Obama and Congress failed to reach an agreement on raising the federal debt limit, intensifying concern the nation will default. S&P 500 futures expiring in September declined 0.9 percent to 1,328.80 at 9:29 a.m. in Tokyo. Dow Jones Industrial Average futures lost 111 points, or 0.9 percent, to 12,510.
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#1. To: All (#0)
Asian markets running about .65% lower as of post time.
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There's still some hope that the government will act rationally. When that hope disappears, watch out below.
When that Hope disappears, Change. You're not gonna like it.
Republicans forcing an economic collapse for electoral reasons. True treason.
"Keep Your Goddamn Government Hands Off My Medicare!" - Various Tea Party signs.
U.S. stocks open nearly 1% down, European markets are down as well.
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No dumb ass. They are being responsible for a change. It is the guy in the white house who is bankrupting us. Your mommy must have fed you stupid pills.
There is zero chance Opile will work rationally. He isn't an American and he hates us. He wants our children killed in the womb and if not that indebted to the point of slavery. Why don't you get it? Did your mommy give you a double dose of stupid pills too?
Really? Since when did he spend money Congress didn't appropriate? You really have to stop buying into the GOP spin, there's absolutely no need for this debt crisis. Congress appropriated more spending then the nation could afford, and now it's telling the President that it is his fault. The Congress ought to simply raise the limit then try to cut spending through this fall's budget process, an approach that wouldn't cause any financial crisis.
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As I've noted earlier, when you resort to name calling, you've lost the argument.
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0.9 percent! It's a panic sell off. The world is coming to end!!! ROTFLMAO!!!!!
Blame, blame, blame.
Damn right I will blame them.
"Keep Your Goddamn Government Hands Off My Medicare!" - Various Tea Party signs.
Brought to you by the party that says deficits don't matter, lowering taxes boosts the economy, Iraq has WMD, Bin Laden is in a cave, evolution is not real, climate change is not real, and not paying the debts via raising the debt limit will not lead to an economic crash.
"Keep Your Goddamn Government Hands Off My Medicare!" - Various Tea Party signs.
Not paying your bills due is being a dead beat. It is like ordering a meal at the restaurant, eating it and then refusing to pay the bill.
"Keep Your Goddamn Government Hands Off My Medicare!" - Various Tea Party signs.
It's all you have. Obama is failing. DNC failed.
Republicans have rejected Reid's newest proposal - $2.7 trillion in spending cuts and no new revenues - because it doesn't cut medicare. They can't say "yes."
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Would you like to hinder Obama's attempt to delay taking care of business so in 2012 he gets re-elected? "Yes."
Obama has proposed $4 trillion in deficit reduction, which is what the various ratings agencies say is necessary to avoid downgrading of US debt. Boehner's latest plan, on the other hand, is approximately $2.2 trillion in deficit reduction. If the GOP is serious about deficit reduction, it will support the Obama plan.
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Obana has proposed NOTHING. You speak of this Union tool and his fuzzy math feignt.
#2. To: go65 (#1)
Asian markets running about .65% lower as of post time.
#3. To: Skip Intro (#2)
When that hope disappears, watch out below.
#4. To: socalv8, Skip Intro (#3)
When that Hope disappears, Change.
#5. To: Godwinson (#4)
#6. To: Godwinson (#4)
#7. To: Skip Intro (#2)
There's still some hope that the government will act rationally. When that hope disappears, watch out below.
#8. To: A K A Stone (#6)
(Edited)
It is the guy in the white house who is bankrupting us.
#9. To: A K A Stone (#7)
Why don't you get it? Did your mommy give you a double dose of stupid pills too?
#10. To: go65 (#0)
0.9 percent
To preserve our independence, we must not let our rulers load us with perpetual debt. We must make our election between economy and liberty, or profusion and servitude. — Thomas Jefferson
#11. To: Godwinson (#4)
Republicans forcing an economic collapse for electoral reasons. True treason.
Obama/DNC was supposed to end all this crap, remember?
Must suck to be running the same shtick again.
#12. To: socalv8 (#11)
Blame, blame, blame.
#13. To: jwpegler, go65 (#10)
#14. To: A K A Stone (#6)
No dumb ass. They are being responsible for a change.
#15. To: Godwinson (#12)
Damn right I will blame them.
#16. To: socalv8 (#15)
It's all you have. Obama is failing. DNC failed.
#17. To: go65 (#16)
They can't say "yes."
#18. To: socalv8 (#17)
Would you like to hinder Obama's attempt to delay taking care of business so in 2012 he gets re-elected?
#19. To: go65 (#18)
Obama has proposed $4 trillion in deficit reduction
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