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Real Doom Potential Today -- Cliff Talks Disintegrate, DOW Futures in the Tank

 
KoFFee_

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12/21/2012 08:58 AM
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Re: Real Doom Potential Today -- Cliff Talks Disintegrate, DOW Futures in the Tank
Tax Refunds May Be Delayed By Cliff Wrangling

If you depend on an early tax refund to help pay for large holiday credit card bills you could be out of luck.

Medicare is warning doctors – and millions of elderly patients – payments will be slashed in January unless Congress acts soon. A 27 percent cut to doctors is scheduled to be triggered if Congress doesn’t vote to waive spending cuts.

It costs 2 cents to make every penny! A nickel costs more than 10 cents to produce.

[link to abcnews.go.com]
However, I consider my life worth nothing to me; my only aim is to finish the race and complete the task
the Lord Jesus has given me—the task of testifying to the good news of God’s grace. Acts 20:24

"This man really is the Savior of the world!" John 4:42

Look, he is coming with the clouds, and every eye will see him, even those who pierced him;
and all the peoples of the earth will mourn because of him. So shall it be! Amen.
I am the Alpha and the Omega, " says the Lord God, who is, and who was, and who is to come, the Almighty." Revelation 1:7

I do not own the rights to any video posted, they are for educational/entertainment purposes only.
shadasonic

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12/21/2012 08:59 AM
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Re: Real Doom Potential Today -- Cliff Talks Disintegrate, DOW Futures in the Tank
I was starting to think we'd never get our econo-doom. Never underestimate their ability to kick the can, but this might just have some legs. Not getting excited until after it happens, though.

Mornin', Professor Smith. If I don't see you again before Tuesday, have a very Merry Christmas.
 Quoting: ReVbo™


Morning, Rev!!

hf


To be honest with you, we need this to recalibrate our gov's priorities & slow/cease the spending insanity.

Yes, the process will suck but the end result, I hope, will be a return to a sane state where 50% of the population is no longer enslaved to produce for the other 50% & fund insane gov expenditures such as policing the world & supporting/paying off other countries.
 Quoting: Lady Jane Smith


I'm with you Lady Jane, it might get very nasty but something on this scale has to go down to fix the madness
“One of the saddest lessons of history is this: If we’ve been bamboozled long enough, we tend to reject any evidence of the bamboozle. We’re no longer interested in finding out the truth. The bamboozle has captured us. It’s simply too painful to acknowledge, even to ourselves, that we’ve been taken. Once you give a charlatan power over you, you almost never get it back.” – Carl Sagan
Ontheverge

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12/21/2012 09:04 AM

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Re: Real Doom Potential Today -- Cliff Talks Disintegrate, DOW Futures in the Tank
-182.00
Anonymous Coward
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12/21/2012 09:10 AM
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Re: Real Doom Potential Today -- Cliff Talks Disintegrate, DOW Futures in the Tank
How long until I can pop the champagne? Actually make that barley wine. Tough times
Lady Jane SmithModerator (OP)
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12/21/2012 09:11 AM

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Re: Real Doom Potential Today -- Cliff Talks Disintegrate, DOW Futures in the Tank
Dow futures currently at -163

Dow Fair Value -137.72
 Quoting: Lady Jane Smith


It's funny how often folks on here claim the Dow is BS, until it does something vaguely big, and then it's serious doom...

Give me a break...

Let them go over the cliff, let discretionary military spending be cut, let the Dems write a middle class tax cut that the GOPers reject, let the GOPers write a millionaire tax cut which the Dems reject, then, in 12 months, when we start the midterms election cycle, let the GOP lose the House.

Then when those extremists, who are finally polling as the extremists they actually are, have finally destroyed the GOP, let a REAL mainstream conservative alternative emerge.
 Quoting: seethelight


Far left & far right -- the real problem for both parties.
Life is karma and karma always reflects both past and present circumstance. Our time here is short, so choose carefully and behave well, for all of your tomorrows are presently being decided.

"Don't die on a small cross..." Saddletramp's Mom

"A fool thinks himself to be wise, but a wise man knows himself to be a fool."
-- William Shakespeare, born April 23, 1564.

Killer Bunny mockingjay
Anonymous Coward
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12/21/2012 09:11 AM
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Re: Real Doom Potential Today -- Cliff Talks Disintegrate, DOW Futures in the Tank
Tax Refunds May Be Delayed By Cliff Wrangling

If you depend on an early tax refund to help pay for large holiday credit card bills you could be out of luck.

Medicare is warning doctors – and millions of elderly patients – payments will be slashed in January unless Congress acts soon. A 27 percent cut to doctors is scheduled to be triggered if Congress doesn’t vote to waive spending cuts.

It costs 2 cents to make every penny! A nickel costs more than 10 cents to produce.

[link to abcnews.go.com]
 Quoting: KoFFee_


Didn't we just go through this a year or two ago?

Fear Mongering at its best.

I sorta think Migg's instructions on how to make an elf are as relevant as anything else :) Thing is, REASONABLE leaders would do ANYTHING to ensure their country survived potential economic downfall. They would negotiate, and some would give points while others took, but they would come to a reasonable solution. Of course, it would have helped if they had been doing that all along. And, of course, that’s if they really cared to prevent an economic downfall.

This is just another PTB illusion, the whole thing. Just BS.

Notice how all governments are borrowing and spending money like they never have to pay it back? They have no intention of paying it back. This whole economy scam is so big it's mind-boggling. Just a sham, and a big factor behind it is to keep people in fear and uncertainty. I say, let's all make elves and let them play! :)
Éireann
Eisteacht le gra!

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12/21/2012 09:12 AM

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Re: Real Doom Potential Today -- Cliff Talks Disintegrate, DOW Futures in the Tank
the only doom of voncern is your ability post w. dranmatic bs lies about todays mrket which isnt even open yet.
 Quoting: Anonymous Coward 27607480


Oh look!!!

Somebody woke up on the wrong side of the dog house!!!

Don't you understand that futures trade all night long & that there is a market open somewhere in the world at pretty much all times?

Get thineself to a basic finance class, then come back to chat with the grown-ups -- or better yet, shut-up, listen & learn something -- okay????
 Quoting: Lady Jane Smith

Morning, Jane :) Where can I see a real-time feed of this financial stuff? I don't know where to look.
Éireann~

Eisteacht le gra! ~ArunaLuna (Translation from Gaelic: "Listen to Love!")

"And I sincerely believe, with you, that banking establishments are more dangerous than standing armies; and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale." - Thomas Jefferson, from a Letter to John Taylor written in 1816

"Unfortunately, it is in the nature of man to tinker - even with immutable truth. Thus, we must be ever vigilant... - James Munford

“It is a sad fate for a man to die too well known to everybody else, and still unknown to himself.” - Francis Bacon

"Better the illusions that exalt us than ten thousand truths" - Aleksander Pushkin
*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~
I do not give negative Karma. I believe that all opinions are worthy of debate and discussion. Free speech is essential to the growth and advancement of each individual and all of Humankind.
seethelight

User ID: 21130561
Ireland
12/21/2012 09:13 AM
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Re: Real Doom Potential Today -- Cliff Talks Disintegrate, DOW Futures in the Tank
Dow futures currently at -163

Dow Fair Value -137.72
 Quoting: Lady Jane Smith


It's funny how often folks on here claim the Dow is BS, until it does something vaguely big, and then it's serious doom...

Give me a break...

Let them go over the cliff, let discretionary military spending be cut, let the Dems write a middle class tax cut that the GOPers reject, let the GOPers write a millionaire tax cut which the Dems reject, then, in 12 months, when we start the midterms election cycle, let the GOP lose the House.

Then when those extremists, who are finally polling as the extremists they actually are, have finally destroyed the GOP, let a REAL mainstream conservative alternative emerge.
 Quoting: seethelight


Far left & far right -- the real problem for both parties.
 Quoting: Lady Jane Smith


There's NO far left in American politics. Maybe a relative left, but the right has people talking about destroying the governement; the left has no one advocating socialism, etc.

It's a false narrative, created by the right-wing media... heck, 75% of people on GLP don't even know what Socialism means..
Éireann
Eisteacht le gra!

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12/21/2012 09:15 AM

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Re: Real Doom Potential Today -- Cliff Talks Disintegrate, DOW Futures in the Tank
-182.00
 Quoting: Ontheverge

Where are you seeing this? Can I get a URL, please?
Éireann~

Eisteacht le gra! ~ArunaLuna (Translation from Gaelic: "Listen to Love!")

"And I sincerely believe, with you, that banking establishments are more dangerous than standing armies; and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale." - Thomas Jefferson, from a Letter to John Taylor written in 1816

"Unfortunately, it is in the nature of man to tinker - even with immutable truth. Thus, we must be ever vigilant... - James Munford

“It is a sad fate for a man to die too well known to everybody else, and still unknown to himself.” - Francis Bacon

"Better the illusions that exalt us than ten thousand truths" - Aleksander Pushkin
*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~
I do not give negative Karma. I believe that all opinions are worthy of debate and discussion. Free speech is essential to the growth and advancement of each individual and all of Humankind.
seethelight

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Ireland
12/21/2012 09:19 AM
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Re: Real Doom Potential Today -- Cliff Talks Disintegrate, DOW Futures in the Tank
Tax Refunds May Be Delayed By Cliff Wrangling

If you depend on an early tax refund to help pay for large holiday credit card bills you could be out of luck.

Medicare is warning doctors – and millions of elderly patients – payments will be slashed in January unless Congress acts soon. A 27 percent cut to doctors is scheduled to be triggered if Congress doesn’t vote to waive spending cuts.

It costs 2 cents to make every penny! A nickel costs more than 10 cents to produce.

[link to abcnews.go.com]
 Quoting: KoFFee_


And just think, if the GOP wasn't so adamant about protecting millionaires tax cuts, this would already be resolved and Boner wouldn't have had to cry again. Someone please think of the Boner!
Lady Jane SmithModerator (OP)
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12/21/2012 09:21 AM

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Re: Real Doom Potential Today -- Cliff Talks Disintegrate, DOW Futures in the Tank
the only doom of voncern is your ability post w. dranmatic bs lies about todays mrket which isnt even open yet.
 Quoting: Anonymous Coward 27607480


Oh look!!!

Somebody woke up on the wrong side of the dog house!!!

Don't you understand that futures trade all night long & that there is a market open somewhere in the world at pretty much all times?

Get thineself to a basic finance class, then come back to chat with the grown-ups -- or better yet, shut-up, listen & learn something -- okay????
 Quoting: Lady Jane Smith

Morning, Jane :) Where can I see a real-time feed of this financial stuff? I don't know where to look.
 Quoting: Éireann


[link to www.cnbc.com]

CNBC is as good a place as any. There is a few minutes delay, but unless you are actively trading, they have the easiest to use graphs & charts for non financial geek peeps to use.
Life is karma and karma always reflects both past and present circumstance. Our time here is short, so choose carefully and behave well, for all of your tomorrows are presently being decided.

"Don't die on a small cross..." Saddletramp's Mom

"A fool thinks himself to be wise, but a wise man knows himself to be a fool."
-- William Shakespeare, born April 23, 1564.

Killer Bunny mockingjay
Lady Jane SmithModerator (OP)
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12/21/2012 09:22 AM

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Re: Real Doom Potential Today -- Cliff Talks Disintegrate, DOW Futures in the Tank
Dow pre markets now -199

About 8 minutes to open
Life is karma and karma always reflects both past and present circumstance. Our time here is short, so choose carefully and behave well, for all of your tomorrows are presently being decided.

"Don't die on a small cross..." Saddletramp's Mom

"A fool thinks himself to be wise, but a wise man knows himself to be a fool."
-- William Shakespeare, born April 23, 1564.

Killer Bunny mockingjay
Lady Jane SmithModerator (OP)
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12/21/2012 09:24 AM

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Re: Real Doom Potential Today -- Cliff Talks Disintegrate, DOW Futures in the Tank
Dow futures currently at -163

Dow Fair Value -137.72
 Quoting: Lady Jane Smith


It's funny how often folks on here claim the Dow is BS, until it does something vaguely big, and then it's serious doom...

Give me a break...

Let them go over the cliff, let discretionary military spending be cut, let the Dems write a middle class tax cut that the GOPers reject, let the GOPers write a millionaire tax cut which the Dems reject, then, in 12 months, when we start the midterms election cycle, let the GOP lose the House.

Then when those extremists, who are finally polling as the extremists they actually are, have finally destroyed the GOP, let a REAL mainstream conservative alternative emerge.
 Quoting: seethelight


Far left & far right -- the real problem for both parties.
 Quoting: Lady Jane Smith


There's NO far left in American politics. Maybe a relative left, but the right has people talking about destroying the governement; the left has no one advocating socialism, etc.

It's a false narrative, created by the right-wing media... heck, 75% of people on GLP don't even know what Socialism means..
 Quoting: seethelight


I beg to disagree.

You may have your definition of Socialism but realize that there are many highly educated people on GLP who are very aware of what Socialism is & do not want it.

Either way, this thread is not a discourse on socialism.
Life is karma and karma always reflects both past and present circumstance. Our time here is short, so choose carefully and behave well, for all of your tomorrows are presently being decided.

"Don't die on a small cross..." Saddletramp's Mom

"A fool thinks himself to be wise, but a wise man knows himself to be a fool."
-- William Shakespeare, born April 23, 1564.

Killer Bunny mockingjay
Ontheverge

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12/21/2012 09:27 AM

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Re: Real Doom Potential Today -- Cliff Talks Disintegrate, DOW Futures in the Tank
Dow -200.00 / -1.51%
Ontheverge

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12/21/2012 09:32 AM

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Re: Real Doom Potential Today -- Cliff Talks Disintegrate, DOW Futures in the Tank
OPEN

Dow
13,205 -107 0.80%
Anonymous Coward
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12/21/2012 09:36 AM
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Re: Real Doom Potential Today -- Cliff Talks Disintegrate, DOW Futures in the Tank
-182.00
 Quoting: Ontheverge

Where are you seeing this? Can I get a URL, please?
 Quoting: Éireann


Here is another place you can watch.

[link to www.marketwatch.com]
Lady Jane SmithModerator (OP)
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12/21/2012 09:36 AM

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Re: Real Doom Potential Today -- Cliff Talks Disintegrate, DOW Futures in the Tank
Will be interesting to see how the DOW settles out in the first hour of trading.

Will it recover? Will the slide steepen?

CNBC folks are trying hard to minimize the impact of the fiscal cliff -- fascinating since they were so shrill about the consequences until now.
Life is karma and karma always reflects both past and present circumstance. Our time here is short, so choose carefully and behave well, for all of your tomorrows are presently being decided.

"Don't die on a small cross..." Saddletramp's Mom

"A fool thinks himself to be wise, but a wise man knows himself to be a fool."
-- William Shakespeare, born April 23, 1564.

Killer Bunny mockingjay
Russian guy
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Bulgaria
12/21/2012 09:37 AM
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Re: Real Doom Potential Today -- Cliff Talks Disintegrate, DOW Futures in the Tank
I remember vividly how we all were cheated in the same way on the year 2000 arrival. The world became only worse. I will not be cheated anymore. I expect the doom any time, without preconditions or precursors. No special date is needed. The 2012 was the biggest lie in my life so far, after that of 2000.
Ontheverge

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12/21/2012 09:37 AM

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Re: Real Doom Potential Today -- Cliff Talks Disintegrate, DOW Futures in the Tank
[link to www.marketwatch.com]


and

[link to money.cnn.com]
Ontheverge

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12/21/2012 09:38 AM

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Re: Real Doom Potential Today -- Cliff Talks Disintegrate, DOW Futures in the Tank
See U.S. Stocks
Data as of 9:38:14am ET
Friday’s Trading:

Dow -144.18

13,167.54
-1.08%
Nasdaq -49.26

3,001.13
-1.61%
S&P -16.48

1,427.21
-1.14%
warrior poet

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12/21/2012 09:47 AM

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Re: Real Doom Potential Today -- Cliff Talks Disintegrate, DOW Futures in the Tank
bump
KoFFee_

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12/21/2012 09:55 AM
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Re: Real Doom Potential Today -- Cliff Talks Disintegrate, DOW Futures in the Tank
I think Boehner is speaking on the fiscal cliff this morning, in a few minutes--at 10:00 AM. Might be on Fox or CNN.
However, I consider my life worth nothing to me; my only aim is to finish the race and complete the task
the Lord Jesus has given me—the task of testifying to the good news of God’s grace. Acts 20:24

"This man really is the Savior of the world!" John 4:42

Look, he is coming with the clouds, and every eye will see him, even those who pierced him;
and all the peoples of the earth will mourn because of him. So shall it be! Amen.
I am the Alpha and the Omega, " says the Lord God, who is, and who was, and who is to come, the Almighty." Revelation 1:7

I do not own the rights to any video posted, they are for educational/entertainment purposes only.
Éireann
Eisteacht le gra!

User ID: 9891074
United States
12/21/2012 09:56 AM

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Re: Real Doom Potential Today -- Cliff Talks Disintegrate, DOW Futures in the Tank
Thank you for the links, peeps :)

hf
Éireann~

Eisteacht le gra! ~ArunaLuna (Translation from Gaelic: "Listen to Love!")

"And I sincerely believe, with you, that banking establishments are more dangerous than standing armies; and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale." - Thomas Jefferson, from a Letter to John Taylor written in 1816

"Unfortunately, it is in the nature of man to tinker - even with immutable truth. Thus, we must be ever vigilant... - James Munford

“It is a sad fate for a man to die too well known to everybody else, and still unknown to himself.” - Francis Bacon

"Better the illusions that exalt us than ten thousand truths" - Aleksander Pushkin
*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~
I do not give negative Karma. I believe that all opinions are worthy of debate and discussion. Free speech is essential to the growth and advancement of each individual and all of Humankind.
pink cat

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United States
12/21/2012 09:56 AM
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Re: Real Doom Potential Today -- Cliff Talks Disintegrate, DOW Futures in the Tank
...


Is that really you in that avatar?
 Quoting: AlcoholicRunner


I NEVER show my face.

St. Thomas, US Virgin Islands.
 Quoting: Lady Jane Smith


Well then, you're a very pretty lady. xmas
 Quoting: AlcoholicRunner


Awww! Thanks, but I have a really hideous face with a bulbous nose. hence, why I never show it.

Winky Kitty
 Quoting: Lady Jane Smith


:)
+++ with a bunny hat +++
Anonymous Coward
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12/21/2012 10:06 AM
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Re: Real Doom Potential Today -- Cliff Talks Disintegrate, DOW Futures in the Tank
Cantor and Boner saying the House will come back if needed. Dow now -128
Anonymous Coward
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12/21/2012 10:40 AM
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Re: Real Doom Potential Today -- Cliff Talks Disintegrate, DOW Futures in the Tank
Dow futures currently at -163

Dow Fair Value -137.72
 Quoting: Lady Jane Smith


It's funny how often folks on here claim the Dow is BS, until it does something vaguely big, and then it's serious doom...

Give me a break...

Let them go over the cliff, let discretionary military spending be cut, let the Dems write a middle class tax cut that the GOPers reject, let the GOPers write a millionaire tax cut which the Dems reject, then, in 12 months, when we start the midterms election cycle, let the GOP lose the House.

Then when those extremists, who are finally polling as the extremists they actually are, have finally destroyed the GOP, let a REAL mainstream conservative alternative emerge.
 Quoting: seethelight


Far left & far right -- the real problem for both parties.
 Quoting: Lady Jane Smith


There's NO far left in American politics. Maybe a relative left, but the right has people talking about destroying the governement; the left has no one advocating socialism, etc.

It's a false narrative, created by the right-wing media... heck, 75% of people on GLP don't even know what Socialism means..
 Quoting: seethelight


kind of an awkward statement you made there. not sure if it's an umbrella statement on the "left" or a general sweeping statement of "American politics", but as an American I'll try to provide some insight:

Basically the Right thinks the country is in the shitter(and it is!) and so they don't want to destroy government, they want it to return to it's original form where we actually abide by our own laws.

The left not wanting socialism is like saying a baby doesn't want an Oreo. The left doesn't have to ask or chime out for what they want, or articulate their ideas. They cry like children, en mass, and under-educated(in general), poor(in general), left just kind of gets their way. At least for the past 5 years now.

As for me? I think everything is wrong. I think we should be living completely different than this. I don't really have a side except for my own.
Anonymous Coward
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12/21/2012 10:45 AM
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Re: Real Doom Potential Today -- Cliff Talks Disintegrate, DOW Futures in the Tank
[link to online.wsj.com]
Anonymous Coward
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12/21/2012 10:53 AM
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Re: Real Doom Potential Today -- Cliff Talks Disintegrate, DOW Futures in the Tank
The B in plan B stands for Broken

America chose to stay Broken........and broke.

Goodbye Recovery--Hello Recession.
 Quoting: KoFFee_


Honestly, I don't think there was a choice in this matter. Isn't it obvious that we are broke? Pretty amazing how this central planning credit card ($$ printer?) works isn't it?

Eventually, other nations of the world will have to use something other than dollars to settle trade even with massive devaluations to their own currencies to keep pace.

That is when the credit card gets denied, that's when you got to watch out.
Ontheverge

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12/21/2012 11:13 AM

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Re: Real Doom Potential Today -- Cliff Talks Disintegrate, DOW Futures in the Tank
Dow
13,170 -143 1.07%
Nasdaq
3,013 -37 1.23%
S&P 500
1,427 -17 1.16%
GlobalDow
1,995 -22 1.09%
Gold
1,658 +13 0.80%
Oil
88.56 -1.55 1.72
Anonymous Coward
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12/21/2012 11:30 AM
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Re: Real Doom Potential Today -- Cliff Talks Disintegrate, DOW Futures in the Tank
the fall off the cliff will be cushioned by some of the millions of useless resource suckers in america.

history teaches us that after the plague wiped out 30 % of the eurotrash all the survivors experienced a tremendous improvement in standards of living . Just think you could be the one to claim hundreds if not thousands of acres of free productive land , like the ancestors of some of the currently richest euro trash families did.
 Quoting: Anonymous Coward 30393261


well we have an abundance of useless resource suckers here in the USA

lets get on with it so we can get to the tremendous improvement and free land

looking forward to it!

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