Bears Ripping Thru Wall Street - Dow Down 350 Points

Stories from around the web this morning.

• Bears Ripping Thru Wall Street - Dow Down 350 Points Thursday
• U.S. eats up most of debt limit in ONE DAY - $239 Billion
• Eric Cantor Warns Government Promises 'Aren't Going To Be Kept For Many'
• Biden Calls Tea Party 'Terrorists'
• Europe's money markets FREEZE UP as crisis escalates in Italy and Spain
• Dollar’s Reserve Status Waning, Treasury Borrowing Committee Says
• 5 UGLY truths about the debt deal - The U.S. DESERVES To Be Downgraded
• Controversial Iran Revolutionary Guard commander becomes new President of OPEC
• Small Business Focus - Pawning Rolexes to make payroll - CNN
• Chinese agency downgrades U.S. credit rating - CNN
• JOBS GONE - Layoffs Explode Nearly 60% In July
• Reuters Report - Emerging world buys $10 Billion of GOLD in 2011
• New IMF head Christine Lagarde faces finance deal probe - BBC
• Italy 'to default' but Spain may 'just' escape - BBC
• POLL - 69% Say It’s Likely Scientists Have Falsified Global Warming Research

The market falls...

Comments

[john]

Wow sports fans, the market is getting hammered. Check out todays chart (in sports terms) !

http://tinyurl.com/3rcspvn

Italy and Spain are screwed. Wait till tomorrow (or even in 10 muntes)... Popcorn time.

[DailyBail]

(Reuters) - U.S. incomes plummeted again in 2009, with total income down 15.2 percent in real terms since 2007, new tax data showed on Wednesday.

http://www.reuters.com/article/2011/08/04/us-usa-economy-incomes-idUSTRE77302W20110804

[DailyBail]

Thanks john. Going to add that.

[TR]

POLL-69%

"falsified research data in order to support their own theories and beliefs,"

Sounds like REPs & DEMs & WMDs. HELL! include all the worlds RELIGIONS.

Can anyone out there hear my calls for HELP? LMAO

[TR]

JOBS GONE
Need a job, MOVE Overseas SHEEPLE
I be loving me some OUTSOURCING!

[Canuck]

Larry kudlow twittering a run on Italy's banks

http://twitter.com/#!/larry_kudlow/status/99211544814026752

[Canuck]

oops, I see you already have that on the main page.

Try this one then

http://www.powerlineblog.com/archives/2011/07/doorbell.php

:sad: