Saturday, June 21, 2008

The Dumping Dow

Newspapers kept it awfully quiet this past week.

But they don't push an agenda or obfuscate and distort the "news," oh no!

"It is nearly impossible to determine the motivations of central bankers."

Especially reading a LYING, AGENDA-PUSHING WAR DAILY!!!!


"Sell-off sends Dow below 12,000" by Michael M. Grynbaum, New York Times News Service | June 21, 2008

NEW YORK - A market that had been looking for direction in recent weeks seems to have found one: down.

The Dow Jones industrial average tumbled 220.40 points, or 1.83 percent, yesterday - closing below 12,000 for the first time since March - in a sell-off that left shares of financial firms battered - and the index staggering toward its low for the year.

The decline capped a dreary week that forced investors to acknowledge that the resolution of the Bear Stearns collapse did not solve the problems facing the economy. With oil prices in record territory, worries about inflation have roared back into the picture, even as analysts suggested the recession may be lighter and shorter than previously feared....

Yeah, I'm tired of those optimistic liars blowing smoke up my shitter!

The Dow Jones industrial average closed at 11,842.69.... Contributing to the anxiety of investors, analysts said, has been a somewhat mixed message sent by the Federal Reserve....

They are trying to figure out how to fuck us without making it look like they are fucking us.

That's the trick, and it's pretty tough, isn't it, Fed?

The rise in oil prices has only added to the anxiety: Crude oil for July delivery settled up $2.69, to $134.62 a barrel. Investors are hoping to glean some answers after the Fed's meeting next week....

It is nearly impossible to determine the motivations of central bankers....

Especially if you are in cahoots with them, like the elite shitters at the Times!!