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POPSU.S. Stocks Rally as Obama Picks Tim Geithner to Head Treasury and was poised for the worst annual decline in its 80-year history after economic reports depicted a deepening recession and lawmakers postponed a vote on a plan to salvage the auto industry. Citigroup, which has about $2 trillion of assets, has fallen for nine of the last 10 days on concern more companies and consumers will default as the economy worsens. The benchmark for U.S. equities trimmed its yearly loss to 46 percent today, still the worst year since 1931. The S&P 500 tumbled 8.4 percent this week. The Dow average declined 5.3 percent, while the Nasdaq Composite Index lost 8.8 percent.
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POPSTop Trend-Caster: Prepare for Economic Winter Now! Get ready: He predicts bank runs by Feb. 2009. He is serious and he has been right on the mark in most predictions. His firm is Trends Research (here) and he is exposing the Goverment Lies and Big Banksters corruption. He has been interviewed as an acknowledged expert (which history proves) by such diverse media as CNN, Alex Jones (radio interview tonight), Fox News (where he said there would be a revolution against big government), and MSNBC, and Coast to Coast radio. His firm analyzes as "political atheists", they do not care about either political party, and consider them both corrupt. We forecast a high probability for the government to call a bank "holiday," at which time withdrawals will be drastically limited . Thus, while deposits will be FDIC insured, restrictions will be imposed on withdrawals. Is that why Obama is keeping Bush's new Executive Order for Martial Law upon any "nat'l emergency"?
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POPS Day One Obama faces a Cold War threat and a warning from Israel Gordon Brown became one of the first world leaders to congratulate Obama in a ten-minute telephone call last night. Aides said they discussed Obama's plans for a phased withdrawal from Iraq and his commitment to boost forces in Afghanistan. Speaking from the South Lawn of the White House, President Bush said he would be meeting Mr Obama next week and is making 'unprecedented efforts' to make a smooth transition during his final 74 days in office. As if the instant foreign policy tests were not enough, Mr Obama was also facing more economic problems with the Dow Jones Index dropping for a second successive day. Wall Street greeted his election win by plunging nearly 500 points on Wednesday and it was down again by 274 points in afternoon trading.
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POPSDoubt in FDA View Of BPA BPA, first synthesized in 1891, is used to harden plastics, and it appears in everything from baby bottles to sunglasses. Studies suggest BPA may be associated with a variety of problems, including Type-2 diabetes, prostate cancer, genital defects in men, early onset of puberty in women and behavioral problems. There much more around. Triclosan in fluid soaps, shampoos and toothpaste, 90% positive tests for pesticides in random urine tests, transfat oils... Looks like weapons of mass destruction.:(
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POPSEconomy has fared better under Dem presidents "We have gone from being the nation with the biggest budget surplus in history to becoming the nation with the largest deficit in history." http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2008/10/18/IN5C13H0J5.DTL
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POPSIS IT A BITE OR A NIBBLE?? The losses are spread all over and the wealthy are rethinking as well. Perhaps a just and democratic economy is reshaping all.
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POPSCrash in Process? Global Markets Tumbling!
What the Dow did Wed is rippling globally. All markets are falling! This will cause people to make immediate changes (as some 401ks allow) to their plans, shifting from stocks to bonds, which will further the collapse into an avalanche. It was reported by the MSM that this was based upon news that recession is certain and job layoffs are being announced now by major corporations. Further, I believe many corporations will decide that since the market has declined so bad, that they will not play games to show good earnings reports for the quarter, and instead blame the market for stock price falling, and post their undoctored poor performance, which will further erode stock prices. This could be huge. The Bailout Plan was a sham. Those who voted against it were right. The market is convulsing to adjust on its own as if there was none. This looks like a crash course of historic proportions (the declines already set records) before the end of October.
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POPSAsian Stocks Gain on Bank Stakes Plan; Treasuries,Yen Decline Standard & Poor's 500 Index futures gained 2.1 percent. S&P rebounded yesterday from its worst week in 75 years with an 11.6 percent advance, its steepest since 1939. Europe's Dow Jones Stoxx 600 Index rose 9.9 percent, a record gain. The Bush administration will invest about $125 billion in nine banks including Citigroup Inc., Goldman Sachs Group Inc. and Morgan Stanley, said the people. France, Germany, Spain, the Netherlands and Austria have committed $1.8 trillion to guarantee bank loans and take stakes in lenders. Governments across the globe stepped up measures to support banks after global stock markets lost $7 trillion of their value last week, driving the MSCI World Index down 20 percent, on concern frozen credit markets will trigger an economic collapse.
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POPSHedge Fund's Trade Secrets In Manipulating The Global Stock Markets 
- have been savaged far more than Wall Street's errant financiers even though they have yet to write off a single extra cent in bad debt since the credit crisis hit last year. At the moment, they are simply making prudent and relatively tiny provisions in case anything does go wrong. The ASX financial index has been slashed by 30.3 per cent since November 1. But on Wall Street, the cause of the problems, the Dow Jones banking index has fallen just 21 per cent. How could that possibly be? The answer is that the traders have found a chink in Australia's regulatory armour. The hedge funds have found a way to manipulate the market through a process known as short selling. This is where traders sell stocks if they think the share price will fall in the future. Then they buy them back at a lower price later on. It is perfectly legal and even encouraged as it can add liquidity to markets. In recent years, however, the practice has become more sophisticated and incredibly complex.
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POPSBernanke, Paulson, Trichet May Act to Unblock Lending (Update1) Rates are also surging in the commercial paper market that many U.S. companies use to finance their day-to-day operations. Yields on overnight U.S. commercial paper jumped 0.94 percentage point to 3.68 percent. `The Federal Reserve must now act as a clearing house'' for banks and ``must also take another bold step: outright purchases of commercial paper, said Bill Gross, manager of the world's biggest bond fund at Newport Beach, California-based Pacific Investment Management Co. Europe's Dow Jones Stoxx 600 Index having its steepest intraday decline since 1987 and emerging markets, until now the locomotives of the world economy, hit particularly hard: exchanges in Russia and Brazil halted trading. One less complicated step would be for central banks to lower rates in concert. Traders are betting that the Bank of England will lower rates at a meeting this week, and that the Fed will cut its benchmark by at least half a point at or before an Oct. 28-29 gathering.
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POPSJobless claims at 7-year high How could anyone vote for 4 more years of it? Republican policies get thousands of our soldiers killed, push jobs overseas, devalue US international influence, prevent millions of us from getting medical treatment, devastate our economy - and half our voters limp to the polls to beg for more.
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POPSALMOST ARMAGEDDON (?) The injection of capital into the market was followed up by calls from Treasury Secretary Hank Paulson to major money market players like Bank of New York Mellon and State Street in Boston informing them that federal money was in the market and they should tell their clients the Feds would be back with a plan to stem the constriction in the credit market. Paulson knew the $105 billion injection was not a real solution. A broader, more radical answer was needed. Hours after Paulson made his round of calls to calm the industry, word leaked out that an added $1 trillion bailout of banks was being readied. Investors cheered. At about 3 p.m., news of the plans was filtering up and down Wall Street, fueling a 700-point advance in the Dow Jones industrial average through 4 p.m. Friday. By that time, Paulson had announced the plan.
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POPSBush and Cronies in US Stock Market A 'stock' be created in a popular 'Market' place with holes to confine ankles and wrists of Bush and his cronies, for victims of their 'Stock Market' shenanigan to have a go to vent their feelings.
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POPSFDIC Could be as unstable as the banks Everyone needs to take note: the FDIC which insures all the banks that hold our money is very close to failure itself. Slow banks runs are already happening all over the U.S.
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POPSOne Week Later, a New World Order This restructuring of our financial markets is moving so fast, without any planned or studied direction, once the bill hit's the taxpayers for this one you can kiss goodbye any tax cut promises regardless who makes them, it just can't happen
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POPSStock Market Continues Fall, Fed Bails Out AIG Crisis continues. AIG gets what Lehman Bros did not--a bail out by the Fed. Maybe the fact that Lehman Bros hired Jeb Bush as advisor a year ago and another Bush as asset manager (see previous clipmark on Lehman) did have a role in deciding not to bail out Lehman, which sent the market into a tail spin as investors and pension companies change their portfolios away from these firms at risk. The Fed's "loan" will be in the form of printing more money (devaluing the dollar, increasing inflation) by the Fed (which is not a government institution, but private bank cartel). The Treasury Dept endorsed it, which is a reflection of the Bush administration. The Fed bailout really is the nationalization of AIG (a mark of socialism, communism), since they did it for a "return of 80% public stake in the firm". The Fed "owns" AIG now.
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POPSDow plunges nearly 450 points:'People are scared to death,' Personally I am not so much scared about the economy failing as I am about the wave of things that could follow, like home heating, electric, water, etc. Since the people down stream who won't be able to afford to work. Without worker bees things will gradually demise further.
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POPSMSNBC's Network Chief Down Plays The Personal Bickering The sudden death this summer of NBC News Washington bureau chief Tim Russert, who made frequent appearances on MSNBC, removed a political and temperamental rudder for the network. Mr. Griffin has tried to fill the power vacuum since, struggling to shepherd the network's big personalities through a period of transition. The network drew 2.15 million viewers on its first night of convention coverage, 88% more than tuned in for the first night of the 2004 Democratic convention, according to Nielsen Media Research. MSNBC also beat Fox News among younger viewers that night. Fox News is owned by News Corp., which also owns Dow Jones & Co., publisher of The Wall Street Journal.network's chief played down the
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