We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Congress rejects rescue Bill

The Dow has dropped 5% in 5 minutes, this is going to get painful
Liquidity is when you look at your investment portfolio and **** your pants
«134

Comments

  • Bugg'r - you beat my post - will delete it now...
    You've never seen me, but I've been here all along - watching and learning...:cool:
  • Stavros, where's your source for that - not questioning it just that bbc website is not yet showing.

    Interesting is one word to describe it. I can think of a string of others.
  • just been a bulletin on the beeb news. sky news also has it apparantly.
  • sky news - on now - but they are talking about having a revote if there's a majority to do so
    You've never seen me, but I've been here all along - watching and learning...:cool:
  • Perez
    Perez Posts: 119 Forumite
    On BBC news channel too... 207 votes for, 226 votes against...

    Democratic - 141 votes to 94 for
    Republican - 66 votes to 132

    Total - 207 votes to 226 against...

    They're trying to get 8/9 people to change their minds as this could reverse it.
  • I have a solution. I'm going out for a Mexican and gonna get drunk - when the markets open tomorrow I won't care!
    You've never seen me, but I've been here all along - watching and learning...:cool:
  • m_c_s
    m_c_s Posts: 395 Forumite
    Part of the Furniture 100 Posts Name Dropper
    No finished voting...... they are still voting.
  • If this doesn't go through tonight the markets will be in serous meltdown, unless its accompanied by some serious words on "some fine tuning required".
  • dunstonh
    dunstonh Posts: 121,283 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Stavros wrote: »
    The Dow has dropped 5% in 5 minutes, this is going to get painful

    Its gone back up again though and the immediate impact is not as bad as thought (was 6.9% down but currently 3.9% down).
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • m_c_s
    m_c_s Posts: 395 Forumite
    Part of the Furniture 100 Posts Name Dropper
    The only reason why its not 10% down is that the market does not understand why the bill is not going through.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.3K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.4K Spending & Discounts
  • 247.3K Work, Benefits & Business
  • 604K Mortgages, Homes & Bills
  • 178.4K Life & Family
  • 261.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.