Like the illusion of Wall Street, with its vast and powerful investment banks, now shuttered, China too is an illusion perpetuated by the Globalists that gave us the 15,000 mile Caesar salad, poisoned cat food and lead based paint on babies' pacifiers. Like the illusion that money would come from thin air to always push housing prices higher, China has spent a generation pursuing its illusion. Pursuing an unattainable dream to be like the West, while 6000 years of its carefully shepherded top soil blows into the sea.
Posted: Tue Oct 11, 2005 11:21 am Post subject: Potential Bush admin indictments & the stock market
We are nearing the end of the Plame CIA leak investigation and rumors are swelling from even “mainstream” media that indictments will be handed out. Still unknown is how far up the food chain and how widespread they will go.
If this turns out to be a Watergate moment for the Bush administration, what do you think the effects on the stock market would be? Watergate was before my time, so I am not sure how the stock market handled the news of the indictments and the eventual resignation of the president. One would have to think that the stock market always hates uncertainty and would behave poorly until the political/legal issue pan out, but could this be a trigger event for a large sell off?
The Watergate incident actually took place before the election of 1972. Most of the hearings, etc. happened in 1973 and 1974.
The data might be perturbed a little bit by the Arab oil boycott, which hit at exactly this time in 1973.
The DJIA was at 1051 on January 1, 1973, before Nixon's second inauguration. On the day that rat finally got out of office, it was at 784. Within a couple of months after that, it had sunk to a low of 589. This was a 45% decrease, give or take.
This was the same time as the first oil shock, and the economy was stinking in general during this period, which also worked against him.
The market recovered a little bit, in Fibonacci fashion, but hovered between 750 and 1000 until the mid-80's, namely about 10 years.
I still think that reptile should have gone to jail. At the very least, he should have been buried face-down with a wooden stake driven through his heart, if you could find his heart.
The Watergate incident actually took place before the election of 1972. Most of the hearings, etc. happened in 1973 and 1974.
The data might be perturbed a little bit by the Arab oil boycott, which hit at exactly this time in 1973.
The DJIA was at 1051 on January 1, 1973, before Nixon's second inauguration. On the day that rat finally got out of office, it was at 784. Within a couple of months after that, it had sunk to a low of 589. This was a 45% decrease, give or take.
This was the same time as the first oil shock, and the economy was stinking in general during this period, which also worked against him.
The market recovered a little bit, in Fibonacci fashion, but hovered between 750 and 1000 until the mid-80's, namely about 10 years.
I still think that reptile should have gone to jail. At the very least, he should have been buried face-down with a wooden stake driven through his heart, if you could find his heart.
Something tells me this won't be as bad as Watergate, but might be compared to Iran-Contra or the Monica Lewinsky scandal.
It's possible that Rove will get convicted of treason and sentenced to jail for ten-fifteen years. I'd imagine the guy would smear every veteran in the country if it could win him an election. IMHO, we're better off with him in jail than in politics. Time for the fiscal conservatives to take back the Republican party.
Posted: Thu Oct 13, 2005 6:12 am Post subject: Re: Potential Bush admin indictments & the stock market
Almost forgot:
On the day that rat left office, he still had a 25% job approval rating, which means that there was a hard core 1/4 of the population that stayed loyal to him even though it was clear that he was in essence a common criminal.
According to this data, his job approval was at 67% right after his inauguration and started to go into the toilet as 1973 progressed. In October 1973, at the time of the famed "Saturday Night Massacre" it was around 30%. This was also right in the midst of the oil boycott/shock situation.
Posted: Thu Oct 13, 2005 8:15 am Post subject: Re: Potential Bush admin indictments & the stock market
I do not think one can analyse the political effect on stocks from Watergate. The 1973 oil shock was such a huge event, it dominated the economic period.
I do not see Wall Street panicing just because a few of their expendable hired thugs might go to jail. They have hedged their bets, and also own the 'opposition' democrats. Reid, Pelosi, Biden, Lieberman, the Clintons, Levin, and John Kerry are all NWO operatives. In international affairs, they are now full blown neocons.
Gore is a bit of a mystery, as he was a classic NWO 'neoliberal', but seems to be mulling the idea of becoming an outspoken antiwar populist. This is probably just another example of role playing, where Gore would pretend to be populist and antiwar to preempt a genuine populist antiwar candidate. If Gore has had a authentic change of heart, you will know it when he starts talking about 9/11 truth and the 2004 election fraud. If he does that, he would probably be killed.
Now if Cindy Sheehan were elected president (yeah, right), then Wall Street would tank for political reasons. It would probably also ignite a civil war, with the military using WMD against the rebellious populace. _________________ "The world is changed... I feel it in the water... I feel it in the earth... I smell it in the air... Much that once was, is lost..." - Galadriel
You cannot post new topics in this forum You cannot reply to topics in this forum You cannot edit your posts in this forum You cannot delete your posts in this forum You cannot vote in polls in this forum
News
Discussions
Resources
Members
Forum FAQ
Search
Usergroups
Profile
Log in to check your private messages
Log in
