OpEdNews Op Eds

Bloody Tuesday? Global Markets See Worst Day since 9/11.. US to Follow?

By (about the author)     Permalink       (Page 1 of 2 pages)
Related Topic(s): ; ; ; ; ; ; ; , Add Tags Add to My Group(s)

View Ratings | Rate It

opednews.com

Become a Fan
  (284 fans)
Will presidential primary candidates deal with the REAL news that is happening as the worthless, corpstream MSM media almost ignore it. Today, global markets saw their worst day since 9/11. NINE ELEVEN!. And we hear about minutiae about the Florida Primary, about Rudy Giuliani's failing campaign. Wake Up America!! We are in dire economic danger.

On Sunday, the business headline in my local daily, the Philadelphia Inquirer, reported "DOw's Worst January Ever."

Today, markets plummetted all around the world. Over $120 billion of equity vanished into thin air in one day in England, $480 billion in Europe. Poof, gone!! And that doesn't include Additional markets in France, Germany, India, Asia all dropped about 7% the financial times reported. "The worst single day for global equity markets since the terrorist attacks of September 11 2001."

They don't add up the numbers, but it is likely that over a trillion dollars in equity , disappeared. Tomorrow, Tuesday, American investors will respond to this calamity.

Will the DOW and NASDAQ echo the disaster in the UK and elsewhere around the world?

It is likely that fear will rule and the bears will run amok. EXpect a very bad day.


Reuters reports "Dow Jones industrial average futures DJc1 dropped 546 points or 4.5 percent. Should the Dow close lower on Tuesday by the amount the futures suggest, it would rank as the fourth-largest point loss ever for the index."

This has been coming and it is just the first wave.

The USA's economy is caving in. The war in Iraq has pulled real money out of the US and now, we face, due to criminally bad leadership and decision making, days, months and years to come of hardship that have not been seen in decades.

Fear has been breeding in America and it could explode tomorrow.

Experts are talking about the need to convert stock holdings to commodoties-- particularly gold.

They're talking about taking money out of money market accounts. Don't be surprised to see lines at your bank tomorrow.

I hope I'm over-reacting.

Meanwhile, the democratic candidates are talking about simple tax cuts. It's not like I expect them to voice simple solutions. But they should be saying that the economy is in very big trouble. Within the first five minutes of the debate, Clinton, Edwards and Obama should have all brought up the international market crash that happened today. They didn't.

If they're going to win the elections, come November, they must grapple with this monster head on. They must put the light on it and tie it to the Iraq war and the hundreds of billions of dollars that have been siphoned out of the US economy.

The solution to the economic disaster we face is to stop the war immediately, get out, get our troops home and then pour even more than we were spending in Iraq to build America-- developing big projects, which hire millions of people.

Next Page  1  |  2

 

Rob Kall has spent his adult life as an awakener and empowerer-- first in the field of biofeedback, inventing products, developing software and a music recording label, MuPsych, within the company he founded in 1978-- Futurehealth, and founding, organizing and running 3 conferences: Winter Brain, on Neurofeedback and consciousness, Optimal Functioning and Positive Psychology (a pioneer in the field of Positive Psychology, first presenting workshops on it in 1985) and Storycon Summit Meeting on the Art Science and Application of Story-- each the first of their kind.  Then, when he found the process of raising people's consciousness and empowering them to take more control of their lives  one person at a time was too slow, he founded Opednews.com-- which has been the top search result on Google for the terms liberal news and progressive opinion for several years. Rob began his Bottom-up Radio show, broadcast on WNJC 1360 AM to Metro Philly, also available on iTunes, covering the transition of our culture, business and world from predominantly Top-down (hierarchical, centralized, authoritarian, patriarchal, big)  to bottom-up (egalitarian, local, interdependent, grassroots, archetypal feminine and small.) Recent long-term projects include a book, Bottom-up-- The Connection Revolution, debillionairizing the planet and the Psychopathy Defense and Optimization Project. 

Rob Kall Wikipedia Page

Over 200 podcasts are archived for downloading here, or can be accessed from iTunes. Rob is also (more...)
 

Share on Google Plus Submit to Twitter Add this Page to Facebook! Share on LinkedIn Pin It! Add this Page to Fark! Submit to Reddit Submit to Stumble Upon

Go To Commenting
The views expressed in this article are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.

Follow Me on Twitter

Contact Author Contact Editor View Authors' Articles

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

A Conspiracy Conspiracy Theory

Terrifying Video: "I Don't Need a Warrant, Ma'am, Under Federal Law"

Ray McGovern Discusses Brutal Arrest at Secretary Clinton's Internet Freedom Speech

Cindy Sheehan Bugged in Denver

Libertarian Legacy? Ron Paul's Campaign Manager, 49, Dies Uninsured, Of Pneumonia, Leaving family $400,000 Debt

Interview: McCain Fellow Hanoi Hilton POW & Naval Academy Dorm-mate; Why He Won't Vote For McCain

Comments

The time limit for entering new comments on this article has expired.

This limit can be removed. Our paid membership program is designed to give you many benefits, such as removing this time limit. To learn more, please click here.

Comments: Expand   Shrink   Hide  
33 people are discussing this page, with 48 comments
To view all comments:
Expand Comments
(Or you can set your preferences to show all comments, always)

The economy is the basic foundation of Ron Paul... by pdubya on Monday, Jan 21, 2008 at 8:21:52 PM
to either write about and report on Paul's pol... by Rob Kall on Monday, Jan 21, 2008 at 8:31:12 PM
http://www.lewrockwell.com/paul/paul370.htmlhttp:/... by Jeanette Doney on Tuesday, Jan 22, 2008 at 8:10:10 AM
Things are about to get interesting....... by Shelby on Monday, Jan 21, 2008 at 8:23:25 PM
But, then again, he keeps getting shut out of thes... by bucketslogg on Monday, Jan 21, 2008 at 8:30:19 PM
And he's certainly spoken for me with his stan... by Rob Kall on Monday, Jan 21, 2008 at 8:34:36 PM
AMI is the American Monetary Institute, which for ... by Edward Ulysses Cate on Monday, Jan 21, 2008 at 9:20:17 PM
Keep the faith everyone. The sky is our roof, the ... by Dom Jermano on Monday, Jan 21, 2008 at 8:49:07 PM
runs on banks,which in turn start riots, which in ... by john riggs on Monday, Jan 21, 2008 at 8:54:18 PM
Merrill Lynch was supposed to send me retirement m... by mcmahon on Monday, Jan 21, 2008 at 9:04:58 PM
Tonight, just as word was getting out the DOW futu... by brisa on Monday, Jan 21, 2008 at 8:59:06 PM
FYI the economy will continue to fall until aroun... by Noah Hoffman on Monday, Jan 21, 2008 at 9:03:59 PM
 You would bet 'my' life? Bet your ow... by richard on Monday, Jan 21, 2008 at 9:12:04 PM
Totally. Those of us who KNOW and have been w... by ladybroadoak on Tuesday, Jan 22, 2008 at 12:39:38 AM
I'm going to the grocery store tomorrow ..... ... by richard on Monday, Jan 21, 2008 at 9:06:30 PM
The Global Elite's goal is to kill us off. Per... by CB Brooklyn on Monday, Jan 21, 2008 at 9:13:52 PM
... it may be Prague Spring... or it may be Krista... by waldopaper on Monday, Jan 21, 2008 at 9:27:31 PM
Ron Paul has been saying, not just since the first... by Thaddeus Kaczor Jr on Monday, Jan 21, 2008 at 9:33:13 PM
gor fuckall... you really don't GET IT, do you... by waldopaper on Monday, Jan 21, 2008 at 10:00:20 PM
If you are not being sarcastic and truly believe y... by Thaddeus Kaczor Jr on Monday, Jan 21, 2008 at 10:14:43 PM
What's even scarier are the potentia... by Munich on Monday, Jan 21, 2008 at 9:55:24 PM
well., the shock doctrine [this is disaster capita... by remo on Monday, Jan 21, 2008 at 10:04:28 PM
Only Ron Paul has an understanding of what is real... by Jim McClarin on Monday, Jan 21, 2008 at 10:49:53 PM
It ain't pretty and it'll probably get wor... by E J Antunez on Monday, Jan 21, 2008 at 11:07:14 PM
And all day long, gold has been dropping precipito... by Irvthom on Tuesday, Jan 22, 2008 at 12:12:56 AM
Gold takes a short dive when the market dives, the... by Rob Kall on Tuesday, Jan 22, 2008 at 7:06:01 AM
So I take what little money I have and do that? Bu... by Mr M on Tuesday, Jan 22, 2008 at 9:25:45 AM
You only go to it if you have savings or investmen... by Rob Kall on Tuesday, Jan 22, 2008 at 11:26:10 AM
Glad you are awake, Rob. Stay awake. Your help is ... by Tony Forest on Tuesday, Jan 22, 2008 at 1:45:58 AM
The Fed Funds rate was just lowered .75% in an &qu... by Robert Sargent on Tuesday, Jan 22, 2008 at 7:52:28 AM
When the market is losing altitude and the lift is... by John Sanchez Jr. on Tuesday, Jan 22, 2008 at 8:44:26 AM
I agree...US is on the way as well.... by Michael Morris on Tuesday, Jan 22, 2008 at 7:55:59 AM
been following London and Frankfurt live and onlin... by Tony Forest on Tuesday, Jan 22, 2008 at 8:19:56 AM
Oh my, another looming disaster the sky is going t... by Roger on Tuesday, Jan 22, 2008 at 9:21:53 AM
when you find some bargains, let me know!... by Robert Sargent on Tuesday, Jan 22, 2008 at 9:42:36 AM
Roger, you is in denial of the facts.just another ... by Tony Forest on Tuesday, Jan 22, 2008 at 11:50:20 AM
I'm told by a prominent financial consultant t... by Shelby on Tuesday, Jan 22, 2008 at 10:10:07 AM
Super article, this one is. And yes, the U.S. will... by Mike Folkerth on Tuesday, Jan 22, 2008 at 11:21:10 AM
I have no idea how old you are nor how much&n... by billmanning on Tuesday, Jan 22, 2008 at 12:46:42 PM
I was just a lab rat in the glorious US.  Bar... by Amber Larson on Wednesday, Jan 23, 2008 at 9:14:41 PM
Watch to see if GLD and SLV, two exchange traded f... by reasonableperson on Tuesday, Jan 22, 2008 at 1:59:34 PM
 Anything made from oil, coal, timber, or cot... by Garry Minor on Tuesday, Jan 22, 2008 at 3:37:37 PM
Remember this all happened before. Now it's on... by Louis Park on Tuesday, Jan 22, 2008 at 11:09:43 PM
This Scare came before. it was a run on the banks ... by Louis Park on Tuesday, Jan 22, 2008 at 11:58:50 PM
YES!... by Robert Sargent on Monday, Jan 21, 2008 at 11:24:06 PM
Lets get a WPA program of building windmills,susta... by mcmahon on Tuesday, Jan 22, 2008 at 9:09:07 AM
Start with giving the unemployed jobs, building wi... by Rob Kall on Tuesday, Jan 22, 2008 at 11:29:47 AM
'cause this thread has a weener in it.Bill Man... by Tony Forest on Tuesday, Jan 22, 2008 at 1:18:31 PM