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CNN: Stocks skidded this afternoon, with the Dow's nearly 778-point drop being the worst single-day point loss ever, after the House rejected the government's $700 billion bank bailout plan. The day's loss knocked out approximately $1.2 trillion in market value, the first post-$1 trillion day ever, according to a drop in the Dow Jones Wilshire 5000, the broadest measure of the stock market.
$1.2 TRILLION lost because Repub's & Dem's couldn't agree.
Today was the biggest NET change in History, however it didn't even rank in the TOP 10 for Percentage change.
EXTRA! EXTRA! READ ALL ABOUT IT!
STOCKS CRUSHED IN -778 POINT LOSS
I can't even yell at the TV today instead, I'll watch and see.
3 comments:
It's frightening to see how inept our leaders seem to be.
Don't despair... there will be no TV soon. ;) The barter economy is upon us.
(psst.) tell you son to brush up on his tuck pointing skills.
Ha! Have a laugh! It works wonders in tough times. -MM
PC, that's exactly why I scream. We need to get out and vote... hell over and over and over again if we have to :)
MM - I'm in line for the laser gun ;)
Tuck pointing... a lost art in the Arizona world of Stucco :)
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