Stocks Drop Sharply As Oil Surges to $60 a Barrel



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Topic: Politics > Politics-USA
User: "Harry Hope"
Date: 23 Jun 2005 02:44:32 PM
Object: Stocks Drop Sharply As Oil Surges to $60 a Barrel
From The Associated Press, 6/23/05:
http://news.yahoo.com/s/ap/20050623/ap_on_bi_st_ma_re/wall_street;_ylt=At44H2rp7u3rrhVKJ60_h_ayBhIF;_ylu=X3oDMTBiMW04NW9mBHNlYwMlJVRPUCUl
Stocks Drop Sharply As Oil Surges to $60
By MICHAEL J. MARTINEZ, AP Business Writer
NEW YORK -
Stocks dropped sharply Thursday as oil reached a new all-time high
over $60 per barrel, prompting a selloff in a battered transportation
sector that spread to the rest of the market.
The Dow Jones industrials were off 111 points.
Stocks began their descent after FedEx Corp. missed earnings forecasts
and raised new concerns about oil's impact on corporate earnings.
Then, in early afternoon, when oil climbed past $60 per barrel, the
market's decline steepened.
_________________________________________________________
Harry
.

User: "Joe Steel"

Title: Re: Stocks Drop Sharply As Oil Surges to $60 a Barrel 23 Jun 2005 02:49:54 PM
I wonder if this is the beginning of the end for the Bush economy...and for
the Homeland.
"Harry Hope" <rivrvu@ix.netcom.com> wrote in message
news:g84mb114o9r7t94053ivl1dk2lr3suesav@4ax.com...


From The Associated Press, 6/23/05:

http://news.yahoo.com/s/ap/20050623/ap_on_bi_st_ma_re/wall_street;_ylt=At44H2rp7u3rrhVKJ60_h_ayBhIF;_ylu=X3oDMTBiMW04NW9mBHNlYwMlJVRPUCUl


Stocks Drop Sharply As Oil Surges to $60

By MICHAEL J. MARTINEZ, AP Business Writer

NEW YORK -

Stocks dropped sharply Thursday as oil reached a new all-time high
over $60 per barrel, prompting a selloff in a battered transportation
sector that spread to the rest of the market.

The Dow Jones industrials were off 111 points.

Stocks began their descent after FedEx Corp. missed earnings forecasts
and raised new concerns about oil's impact on corporate earnings.

Then, in early afternoon, when oil climbed past $60 per barrel, the
market's decline steepened.

_________________________________________________________

Harry

.
User: "Political Pagan"

Title: Re: Stocks Drop Sharply As Oil Surges to $60 a Barrel 23 Jun 2005 02:56:33 PM
"Joe Steel" <rs1917@hotmail.com> wrote in
news:11bm4j91qm5f466@corp.supernews.com:

I wonder if this is the beginning of the end for the Bush
economy...and for the Homeland.

Remember your history?
This is just the type of thing Hitler used to gain total power in Germany.
If history is repeating itself, then Bush will try to use this to get more
power and stay in power.
--
"It's interesting. I see all these political ads and all these
commentators say it's our job as Americans to vote. Let me tell
you something, with Bush in charge of the economy, this might
be the only job you have all year." -Jay Leno
.
User: "Joe Steel"

Title: Re: Stocks Drop Sharply As Oil Surges to $60 a Barrel 23 Jun 2005 03:44:22 PM
I don't know. He's so closely tied to the oil industry anything he does is
going to look like he's trying to help them at the expense of the public.
"Political Pagan" <pookinpnub@allthewrongplaces.biz> wrote in message
news:Xns967E98C006F1Cpookinpnuballthewron@69.28.186.121...

"Joe Steel" <rs1917@hotmail.com> wrote in
news:11bm4j91qm5f466@corp.supernews.com:

I wonder if this is the beginning of the end for the Bush
economy...and for the Homeland.


Remember your history?

This is just the type of thing Hitler used to gain total power in Germany.

If history is repeating itself, then Bush will try to use this to get more
power and stay in power.



--
"It's interesting. I see all these political ads and all these
commentators say it's our job as Americans to vote. Let me tell
you something, with Bush in charge of the economy, this might
be the only job you have all year." -Jay Leno

.

User: ""

Title: Re: Stocks Drop Sharply As Oil Surges to $60 a Barrel 23 Jun 2005 03:09:46 PM
True, no doubt he'll try. But I don't think people will stay with him when
their lives become even more shitholes than a lot people's already are.
Republicans control the government, therefore they are responsbilr, no
matter how they spin it. Americans are willing to believe a lot of *****
because they can't imagine Bush is the ***** artist he really is, but
they won't put up with ***** like we've seen the last 4 1/2 years when it
starts to hurt them personally in a big way.
"Political Pagan" <pookinpnub@allthewrongplaces.biz> wrote in message
news:Xns967E98C006F1Cpookinpnuballthewron@69.28.186.121...

"Joe Steel" <rs1917@hotmail.com> wrote in
news:11bm4j91qm5f466@corp.supernews.com:

I wonder if this is the beginning of the end for the Bush
economy...and for the Homeland.


Remember your history?

This is just the type of thing Hitler used to gain total power in Germany.

If history is repeating itself, then Bush will try to use this to get more
power and stay in power.



--
"It's interesting. I see all these political ads and all these
commentators say it's our job as Americans to vote. Let me tell
you something, with Bush in charge of the economy, this might
be the only job you have all year." -Jay Leno

.
User: "Political Pagan"

Title: Re: Stocks Drop Sharply As Oil Surges to $60 a Barrel 23 Jun 2005 08:45:13 PM
<dan@dan.com> wrote in news:UfadnZmr1oyUiibfRVn-vA@comcast.com:

True, no doubt he'll try. But I don't think people will stay with him
when their lives become even more shitholes than a lot people's
already are. Republicans control the government, therefore they are
responsbilr, no matter how they spin it. Americans are willing to
believe a lot of ***** because they can't imagine Bush is the
***** artist he really is, but they won't put up with ***** like
we've seen the last 4 1/2 years when it starts to hurt them personally
in a big way.

The same was thought of Hitler too, but there are enough weak-minded people
here in the states to actually believe Bush....remember...WMDs in Iraq,
Hussein funded 9/11, etc etc.
--
"It's interesting. I see all these political ads and all these
commentators say it's our job as Americans to vote. Let me tell
you something, with Bush in charge of the economy, this might
be the only job you have all year." -Jay Leno
.




User: "Power Hitter"

Title: Re: Stocks Drop Sharply As Oil Surges to $60 a Barrel 24 Jun 2005 09:02:34 AM
On Thu, 23 Jun 2005 19:44:32 GMT, Harry Hope wrote:

From The Associated Press, 6/23/05:
http://news.yahoo.com/s/ap/20050623/ap_on_bi_st_ma_re/wall_street;_ylt=At44H2rp7u3rrhVKJ60_h_ayBhIF;_ylu=X3oDMTBiMW04NW9mBHNlYwMlJVRPUCUl

Stocks Drop Sharply As Oil Surges to $60

By MICHAEL J. MARTINEZ, AP Business Writer

NEW YORK -

Stocks dropped sharply Thursday as oil reached a new all-time high
over $60 per barrel, prompting a selloff in a battered transportation
sector that spread to the rest of the market.

The Dow Jones industrials were off 111 points.

Stocks began their descent after FedEx Corp. missed earnings forecasts
and raised new concerns about oil's impact on corporate earnings.

Then, in early afternoon, when oil climbed past $60 per barrel, the
market's decline steepened.

_________________________________________________________

Harry

Anyone with a brain knew this was going to happen if Bush was fucking
elected. The loons who voted for Bush BEGGED for the economy to collapse in
a smoldering dung-heap. Guess what, you fucking idiots? IT'S HAPPENING
RIGHT BEFORE YOUR EYES and you have to live with it for 3 1/2 more fucking
years.
.


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