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Wow his clients are down 40 to 70% according to that article.

Peter Schiff called these events but is it true he did not take his own advice. I thought his fund was way down. Anyone know?

That 2 .5 million condo in florida will go for 500k max

Very sad. NEW YORK–Police say a Wal-Mart worker has died after being trampled by a throng of unruly shoppers shortly after the Long Island store opened today. Nassau County police say the 34-year-old worker was taken to a hospital where he was pronounced dead at about 6 a.m., an hour...

I am not a socialist but please point to where business has done a real fine job lately. Unfortunately because of business greed and mismanagement, more government intervention will happen.

Employers pay for it in the form of a benefit right now and rest is covered by individuals in the form of premiums and deductibles. Taxes will have to go up for both businesses and individuals, hopefully it would be a wash (less expenses but increased taxes).

That`s one group, the other is the group that will screw anyone for a buck....

The free market really did a good job this time. 40 times leverage is the way to go. Government needs to be there to save us from ourselves.

Countries with foreign debt default. The US debt is mainly in US dollars, they cannot default on US $ debt, they just have to issue more $$$$. Inflation will have to go up to deflate themselves out of this problem in the coming years though.

Why is it everyone else has better charts, looking at these goddam straight lines is f ing pathetic. Fix it....Use some of that 4 billion dollars you go on about in your comercial.

Seems this is again setting up for the 3:30 plunge, marging calls and hedge fund dumping unless they can somehow get this thing alot higher. Not sure how but anything is possible.

Since the focus is back on the economy, beige book at 2pm, it would seem es not going very much up until after that...

I read his book 2 years ago, he was right on, how could he have been so wrong in his portfolio?

Love to see Peter and Art on cnbc now....

Anyone think we retest 38 before heading up before the close....

Scary thing is the situation better or worse than the last time it hit 770.... QUOTE]Quote from smilingsynic: Several months ago I said 1150, but that level barely put up a fight. They are ultimately, within the next twelve months, taking it to the bear market low of 2002...

wow this is just ugly.... this is a free fall edit scary i think is a better word

Public and Private pension funds what a mess some of these funds must be in.... On a side note, all this is, is the......... The largest Pyramid scheme is unraveling....

vix is at 51 dow broke 10000, 1999 was when it was first hit. So basically 10 years of nothing....Welcome to world of Japanese economics. Nasdaq high was 5100, have a look at it now...

1095.25 was the high