http://bit.ly/602Lu2 - - - NEW YORK (AP) - Financial shares pulled the stock market lower Thursday as President Barack Obama proposed rules that would limit the types of trading banks can do with their money. The Dow Jones industrial average tumbled 200 points after dropping 122 points on Wednesday. The index has seen four straight triple-digit swings. Bond prices rose as the stock market became more volatile.
Tightening the rules on how big banks trade their money could hurt profits at those companies. - - - With this, he bites the Wall Street hand that fed his campaign. Between this and telling our spies to watch the Weather channel instead of China's nuclear subs, I am beginning to wonder if ObaMao is going to be a one term president, much less a two-termer. I'm thinking this genius gets himself impeached before it's over. A president more hostile to Constitutional safeguards, freedom, free speech and the American culture of entrepreneurial advancement we have never had. - Publius -- "It ought never to be forgotten, that a firm union of this country, under an efficient government, will probably be an increasing object of jealousy to more than one nation of Europe; and that enterprises to subvert it will sometimes originate in the intrigues of foreign powers, and will seldom fail to be patronized and abetted by some of them. Its preservation, therefore ought in no case that can be avoided, to be committed to the guardianship of any but those whose situation will uniformly beget an immediate interest in the faithful and vigilant performance of the trust." [Federalist Papers #59] _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[email protected] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
