World Economy. Stock Markets Falls As Fears Grow. Sep. 23.

Sep. 23, 2008.
Markets in Europe and Asia tumbled on Tuesday as uncertainty grew in the U.S. over a $700 billion financial rescue plan.

In Hong Kong, the Hang Seng index was down 3.4 percent. In Europe, London's FTSE index fell 1.3 percent, and the Paris CAC 40 was down about 1 percent.

The falls follow losses Monday on Wall Street. The Dow slid 373 points -- 3.3 percent -- as investors worried about the bailout plan and rising oil prices.

On Monday, U.S. President George W. Bush urged Congress to put his financial rescue plan into action, without adding "unrelated provisions" or "provisions that would undermine the effectiveness of the plan."

Bush's economic team sent Congress the rescue package over the weekend, after a crisis in the markets led to the collapse of Lehman Brothers, a Bank of America buyout of Merrill Lynch, and the government rescue of AIG, the biggest insurance company in the U.S.

Source:
http://edition.cnn.com/2008/BUSINESS/09/23/world.markets/index.html#cnnSTCVideo

Category:

News & Politics

Tags:

• World
• Economy.
• Stock
• Markets
• Falls
• As
• Fears
• Grow.
• Sep.
• 23.

[anonymousApostle]

FUCK ALL THESE ELITEST

[power2theq]

We are seeing the deliberate destruction of the United States before our eyes. The bailouts will only lead to a worthless currency and skyrocketing prices. When Sept. 30th rolls around, the US will be audited by the Bank of International Settlements. That is when the true state of the union will be realized. This is endgame.

[Laskiewic]

One invasion from a Communist Country would stop importation. We would financially collapse. We have turned to Socialisim and have worked hand in hand with the Communist Party. 1 million people in prison in the U.S.A. in 1994 now we have almost 3 million. See U.S. vs. Hanson! When apprehended in Russia he was there to discuss the importation of narcotics into the U.S.A.We have done exactly what they wanted.We let them destroy us from within now we are ready to be invaded.

[Elevationary]

You know i personally think that the Economy is falling because their is a computer virus running around inside the computers undetected,you see one has to ask where humans get their answers when it comes to information.and it mostly by computers,and people are so dependent on computers that they don't question if they are right or wrong,so who is in control really....computers or people

[crashoppe]

Dont bail out anything. Use the money to put people (no robots/computers, they're not consumers) to work with decent pays. Then people can spend, thats what a stable economy. Wall street got the middle class sucked into the game, now is jerking the rug out from under them and wants to get bailed out (paid) AGAIN!

GO RON PAUL/ CHUCK BALDWIN '08 !!!!!

[iwatchmassvideo]

Men I say bring it. We can handle it, hell. The only thing we need to do to turn this country around is give all AMERICAN-contracters the money for making tanks, ships, planes, ammo instead of outsourcing our own fucking jobs to places like South Korea and South Africa. That's what has made it so bad, the government gives contracts to FOREIGNERS over Americans just to shave a little cost. Give money to your own people and it basically goes back into the governments pocket.

[rev12a]

And what happens when Bush decides to use that

700B to go to war with Iran?

The congress and people will complain, but nothing will change.

[Radiator1991]

FUCK THE WORLD!

[danspeaks]

not likely, just rigged

[danspeaks]

fuck the congress.

[fergus247]

Maybe the elections will be cancelled. If the movement gets too big, they will have to. Otherwise Chuck Baldwin will be president