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It is unbelieveable that this sack of shit economy is getting him 26 percent. Shows how fucked up this country is. Should be 100 percent looking down on this shit.
Congres, ie Pubs, are at 10%...LOL!!
The Dow Jones Industrial Average dropped one percent (101 points) to close at 11,139. The S&P 500 was down three-quarters of a percent (9 points) at 1,165. The technology-laden NASDAQ composite index was off one-fourth of a percent (seven points) to close at 2,474.
Stocks closed mixed in Europe. London's Financial Times 100 index closed up 1.1 percent (54 points) at 5,157. The CAC-40 in Paris closed down 1.1 percent (34 points) to 2,966. Frankfurt's DAX index was down 1 percent (52 points) to finish the day's trading at 5,194.
Earlier in Asia, Tokyo's Nikkei index dropped 2.2 percent ((194 points)) to finish at 8,591. Hong Kong's Hang Seng index rose one-half of one percent (94 points) to finish the day's trading at 19,711. Gold closed down $3.80 to $1869.90 an ounce. The dollar was up against both the euro and yen.
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The European Union made a grand gesture in July, promising more bailout money for Greece and pledging additional support for other nations with massive debts and weak economies. But the situation has deteriorated since then. In August, stock markets across Europe went into a tailspin thanks to a deteriorating global economic outlook. The pain did not let up on Monday, with stocks plunging in London, Frankfurt and Paris. European shares briefly rebounded Tuesday after the Swiss National Bank moved to stabilize the nation's currency.
But stocks in Europe turned lower again as the day wore on. Investors remain worried that the 12-year-old euro currency may not survive the crisis in its current form. "We believe that we are just about to enter a critical period for the eurozone and that the threat of some sort of break-up between now and year-end is greater than it has been at any time since the start of the crisis," said Alastair Newton, a fixed-income strategist at Nomura Securities in London.
The European Central Bank, which expanded its bond-buying program last month to include debt issued by Italy and Spain, appears to be the only thing keeping a lid on sovereign debt markets. But the controversial ECB program bends certain EU rules and analysts say it cannot be sustained indefinitely. That makes implementing the proposed expansion of the European Financial Stability Fund even more critical.
On Monday, yields on Italian bonds rose amid worries that Rome may backtrack on recent belt-tightening plans. German bond yields eased as investors flocked to safe-haven assets. As part of the July agreement, EU leaders announced plans to authorize the stability fund to buy government bonds in the secondary market. The move, which must be approved by all 17 eurozone nations, was cheered initially. But many analysts say there is not enough money in the 440 billion euro fund to do the job effectively.
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