Asian Markets say: dive! dive! dive! (NIKKEI -3.7% Hang Seng -4.8%).

[Ruby the Liberal]

And Boehner, Cantor and Teahadist, Inc. celebrate taking down the entire global economy with one economically (but ideologically semi-pure) vote. :party:

Ticker at http://www.bloomberg.com/ if anyone cares to follow.

[sethgrogen]

1. IF the jobs numbers are bad for July,

Tomorrow could be bloody.

[Ruby the Liberal]

6. Yep. Looking for (more than) 125k jobs and (less than) 9.2 unemployment

edit - greater/lesser arrows in the title made DU go BOOM.

[kenny blankenship]

2. Makes you wonder how "cut, cap and balance" would have been received

Stock Markets closed down - all the way. Won't reopen, according to spokesmen. "Gone! It's all gone!" they wailed, daubing at their tears with their pink slips.

[upi402]

3. where my jobs at Mr Boner?

Traitor. History will report the Republican betrayal. And the face of folly will be named "Bush" and "Boner".

Fitting

[Firebrand Gary]

4. The GOP owns this without a doubt!

[msongs]

5. Obama and the democrats also endorsed, supported, and/or voted for it. It is THEIR issue just as

much as it it is Boehner, Cantor and Teahadist Inc so quit letting them off the hook for it.

[Ruby the Liberal]

7. Hey - thats my line!

:rofl:

Well played. :D

They did get 98% of what they wanted, even if we DO own this now

[Amonester]

8. Needed to specify: MANY democrats, but not all, ... eom

[Ruby the Liberal]

10. Of my 3 reps, only my teabagging Senator voted it down.

I wrote him a thank you note. Right call, wrong reasons.

[DJ13]

9. Asia stock analysts see plunge as panic

Aug. 4, 2011, 11:18 p.m. EDT


SYDNEY (MarketWatch) — Asian equity markets plunged into deep losses Friday, with some indices tanking more than 4%, but strategists say the outlook for the region remains strong and that the market panic has even created some buying opportunities.

“You have to distinguish between what we’re seeing right now, which is periods of market panic, versus longer-term issues about growth, earnings and valuations,” Russell Investments chief investment strategist for the Asia Pacific Andrew Pease said.

By early Friday afternoon , Japan’s Nikkei Stock Average /quotes/zigman/715506 JP:NIK -3.64% had tumbled 3.6%, Hong Kong’s Hang Seng /quotes/zigman/2622475 HK:HSI -4.75% dropped 4.2%, China’s Shanghai Composite /quotes/zigman/1859015 CN:000001 -1.92% fell 1.7%, Australia’s S&P/ASX 200 /quotes/zigman/1653884 AU:XJO -4.07% index lost 3.7%, and Korea’s Kospi KR:0100 -3.61% dropped 3.9%,

The dive came after U.S. stocks suffered their worst one-day falls since the height of the financial crisis. Read more about U.S. stocks.

http://www.marketwatch.com/story/asia-stock-analysts-see-plunge-as-panic-2011-08-04

[Amonester]

11. "about growth, earnings"

I bet he's another one-percenter who doesn't give a rat's ass about "growth" in workers' "earnings" ...

[Ruby the Liberal]

12. Horseshit, MarketWatch. "Long-term issues"?

Publically traded companies have been managing to the quarter (and earnings estimates) since the late 1980s.

There is no such thing as managing a corporation with long-term goals anymore, but nice try at tossing something out there to explain this.

[nadinbrzezinski]

13. PANIC... oh my lovely term

tomorrow might be a day to keep my tv off the nooz channels... I mean there is just so much blood pressure I can take.