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Rock'n chair Rambler  
Over Taxed, TX  
November 24, 2009 9:01pm
 
“1. The Stock Market turning around - 10,000 +”???

LONDON -- European and U.S. stock markets fell Tuesday after government figures showed the U.S. economy did not grow as fast in the third quarter as previously estimated, stoking fears that the recovery in the world's largest economy will be slow.
NEW YORK (CNNMoney.com) -- Gold rallied to an all-time high Monday, climbing ever closer to $1,200 an ounce, as the U.S. dollar slid and investors showed nervousness about the economy.
John Browne writes in : Massive US Dollar Devaluation Against Gold During 2009 ,
” The Federal Reserve estimates that in the past year losses in real estate, stocks and mortgages have sucked out some $7.2 trillion of wealth from the U.S. economy. Some are now putting the figure at $20 trillion. “


“2. The Banking industry turning around”???

NEW YORK (Fortune) -- In an ominous sign for the recovery, bank loans are drying up faster than ever. Loan balances at commercial banks fell at the fastest clip in at least 25 years in the third quarter, the Federal Deposit Insurance Corp. said Tuesday.

NEW YORK (TheStreet) -- Five new bank failures on Friday brought the total number of banks and thrifts shut down by regulators this year to 120.

“4. The Auto industry turning around and starting to pay their money back as well”???

GM lost $1.2 billion for the third quarter


“5. The US held in higher regard World Wide”???

Yeah, the World just loves us so much now that Obama has bowed, scraped, and apologized, that they are meeting in Copenhagen to draft a treaty that will extort trillions of dollars from us.

“6. Housing market starting to turn around”???

U.S. home prices fell 4.5 percent in the third quarter from a year earlier, the sharpest drop since Standard & Poor’s began its nationwide housing index in 1987 and another sign that the housing slump is far from over, the research group said Tuesday.
Last week, the National Association of Realtors said that sales of existing homes fell in 46 states in the third quarter.
     
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