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Dow Jones Industrials has dropped 12.1% since May 19th. Almost a quarter of that drop happened today

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gristy Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jun-26-08 08:13 PM
Original message
Dow Jones Industrials has dropped 12.1% since May 19th. Almost a quarter of that drop happened today
Ouch.
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ThoughtCriminal Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jun-26-08 08:19 PM
Response to Original message
1. Worst June since 1930 - nt
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Hydra Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jun-26-08 08:20 PM
Response to Original message
2. No jobs
Spending slows
People get laid off
Unemployment rises
Still no jobs
Food and energy costs rise
Spending on other things trails off
Stores close
Even more jobs gone...

Are we seeing a trend here?
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Ichingcarpenter Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jun-26-08 08:22 PM
Response to Original message
3. Lower than when Bill Clinton left office
Fridays are normally a sell day so expect more of the same tomorrow.
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ColbertWatcher Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jun-26-08 08:22 PM
Response to Original message
4. Here is a graph showing the Dow from 12/12/2000-today...
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colt equalizer Donating Member (57 posts) Send PM | Profile | Ignore Thu Jun-26-08 08:37 PM
Response to Original message
5. Yep, and the red necks at our office have been saying "and who is in control of congress" all day NT
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jun-26-08 08:40 PM
Response to Reply #5
6. Remind them that just like 1930 the same party in the White House
and the same economic policies
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Supersedeas Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jun-26-08 10:00 PM
Response to Original message
7. nothing to see here--feed them more speculation about the Obama/Clinton personal relationship
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