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Dow Goes Over 13000 for the First Time Since 2008

Tue, Feb 21, 2012 at 9:45 am PST

I don't know -- it seems like Barack Obama's nefarious scheme to turn America into a socialist hellscape and destroy the world economy isn't working too well: Dow Pierces 13000. The Dow broke 13000 just before 11:30 a.m. EST on Tuesday, fell back and then did it again just after ...

Wall Street, Stock Exchange, Economy, President Obama

Obama's Blue Ribbon Economy Panel Sitting Idle

Mon, Mar 23, 2009 at 8:26 am PDT

A month and a half after Barack Obama set up a special panel to advise him on the economy, the panel has yet to meet publicly. Six weeks after President Barack Obama appointed a blue-ribbon panel to help him dig America out of its economic crisis, the board has yet ...

Economy, Finance, Business, Financial Crisis, Stock Exchange, Barack Obama

Video: Gregg Says Obama Will Bankrupt America

Sun, Mar 22, 2009 at 11:16 am PDT

Republican Senator Judd Gregg, who withdrew as Barack Obama’s Commerce Secretary, says Obama’s economic policies will bankrupt the country. But at the same time, he praises Obama’s policies for restoring the banking system to health. It’s not clear how these two contradictory opinions can be reconciled. [Video]

Economy, Finance, Business, Financial Crisis, Stock Exchange, Barack Obama, Judd Gregg

Stock Market Yo-Yo Watch

Thu, Mar 5, 2009 at 10:33 am PST

After a small gain yesterday, the Dow index is now down another 200 points. Someone please ask the bears to unclench their fists...

Economy, Finance, Business, Financial Crisis, Stock Exchange

President Obama and Economics 101

Tue, Mar 3, 2009 at 6:33 pm PST

President Obama says he’s looking at the big picture, not sweating the small stuff. The stock market is story of like a tracking poll in politics. It bobs up and down day-to-day,“ Obama said. ”And if you spend all your time worrying about that, then you’re probably going to get ...

Economy, Finance, Business, Financial Crisis, Stock Exchange, Barack Obama

Stock Market Free Fall Monday

Mon, Mar 2, 2009 at 1:02 pm PST

Ouch. The Dow closed down by ~300 points, bottoming at 6762, the lowest level since 1997. Obviously bad news for folks invested in the stock market, and not exactly a vote of confidence for the Obama administration. Here’s an open thread to discuss...

Economy, Finance, Business, Financial Crisis, Stock Exchange

Stock Market Yo-Yo Watch

Mon, Mar 2, 2009 at 9:26 am PST

Down we go again; as we write, the Dow index is down 220 points, and the INDP has fallen below 7,000...

Economy, Finance, Business, Financial Crisis, Stock Exchange

Dubai, NASDAQ, Zakat, Jihad, and Israel

Tue, Oct 16, 2007 at 7:26 pm PDT

Dubai, the Arab country that tried to buy a controlling interest in American seaports, and is now trying to buy a 20% interest in the NASDAQ stock exchange, has banned Israel from participating in the World Congress of the International Federation of Freight Forwarders Associations: Dubai bans Israel from Int’l ...

LGF, Dubai, Qatar, Stock Exchange, NASDAQ. Zakat, Israel

Dubai, NASDAQ, Zakat, and Jihad

Sun, Oct 14, 2007 at 6:54 pm PDT

Revisiting Dubai’s intention to purchase 20% of the NASDAQ stock exchange, Rachel Ehrenfeld and Alyssa A. Lappen bring up some disturbing issues, centering around the Islamic practice of Zakat and its connection to the global jihad: Tithing for Terrorists. Bourse Dubai began operating as the world’s first fully sharia-compliant stock ...

LGF, Dubai, Qatar, Stock Exchange, NASDAQ. Zakat

London Stock Exchange Controlled by Arab States

Sun, Sep 23, 2007 at 8:48 pm PDT

The terror-sponsoring Arab states of Qatar and Dubai have now gained control of the London Stock Exchange. QATAR has upped its share in London’s Stock Exchange to nearly 24 per cent, giving the gulf state and neighbour Dubai a controlling stake of nearly 52 per cent. Quoting LSE sources, a Qatari ...

LGF, Dubai, Qatar, Stock Exchange