Feb. 23: Major Indexes Fall to 1997 Levels

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Uploaded by on Feb 23, 2009

The Dow Jones industrial average tumbled 251 points to its lowest close since Oct. 28, 1997, while the Standard&Poor's 500 index logged its lowest finish since April 11, 1997. (Feb. 23)

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  • what can you expect from economy indexes that are based on "bubbles?"

  • If the DOW takes any more of a pounding, it'll be called hardcore porn.

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  • or at best like ADD kids and drunken hookers chasing after the next nearest shiny object.

  • Yeah 2009 doesn't need a disaster movie like Titanic - we can watch the DOW sinking for free

  • At least 1997 was a pretty good year. Forget "Titanic" and focus on "Men in Black" and "Tomorrow Never Dies" those were quality motion pictures!

  • pretty much.

  • that's not going to happen, unfortunately. the federal government is too convinced of its own self-importance.

  • Quick stimulus? Suspend the Federal Income Tax immediately. That will put a lot of money into ordinary people's pockets immediately allowing them to save, pay down their credit cards, pay their home mortgages, and actually spend more. Too simple a solution eh?

    IT WOULD WORK! And it would end up costing a hell of a lot less, than the "bailout bills" have cost thus far.

    But noooo. The Feds want yet another very complex bailout that will work to their, Wall St's, and the banks advantage

  • The U.S. government is of, by and for the American people, not illegal aliens and H-1B. The failure of the feds to deport these 12+ MIL illegals, H-1B and immigration is what is destroying the economy. That is the SOURCE.

    These 12 MIL illegals, H-1B and massive immigration have put 10 MIL Americans into the UNEMPLOYMENT lines. Until illegals & H-1B are deported and immigration stopped the economy will continue to deteriorate.

    The goal is to put Americans to work, not foreigners.

  • Why would I post a video when there are already so many on here? zomg lololololololololololololololo­lolololol

  • it doesn't need to be anywhere.

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