The mainstream media is hot to give the hype that things are not that bad and after a few minor adjustments in domestic and global financial policy everything economic will turn toward unprecedented wealth.

The battle for public perception continues.

Funny how history repeats itself...can you spell 'instability' in markets?

Rank  Date  Close  Net Change  % Change 

1 1933-03-15 62.10 +8.26         +15.34
2 1931-10-06 99.34 +12.86       +14.87
3 1929-10-30 258.47 +28.40     +12.34
4 1932-09-21 75.16 +7.67         +11.36
5 2008-10-13 9,387.61 +936.42 +11.08
6 2008-10-28 9,065.12 +889.35 +10.88
7 1987-10-21 2,027.85 +186.84 +10.15
8 1932-08-03 58.22 +5.06         +9.52
9 1932-02-11 78.60 +6.80         +9.47
10 1929-11-14 217.28 +18.59   +9.36
11 1931-12-18 80.69 +6.90       +9.35
12 1932-02-13 85.82 +7.22       +9.19
13 1932-05-06 59.01 +4.91       +9.08
14 1933-04-19 68.31 +5.66       +9.03
15 1931-10-08 105.79 +8.47     +8.70
16 1932-06-10 48.94 +3.62       +7.99
17 1939-09-05 148.12 +10.03   +7.26
18 1931-06-03 130.37 +8.67     +7.12
19 1932-01-06 76.31 +5.07       +7.12
20 1932-10-14 63.84 +4.08       +6.83

http://en.wikipedia.org/wiki/List_of_largest_daily_changes_in_the_Dow_Jones_Industrial_Average

"There will be no interruption of our permanent prosperity."
- Myron E. Forbes, President, Pierce Arrow Motor Car Co., January 12, 1928

"...despite its severity, we believe that the slump in stock prices will prove an intermediate movement and not the precursor of a business depression such as would entail prolonged further liquidation..."
- Harvard Economic Society (HES), November 2, 1929

http://www.gold-eagle.com/editorials_01/seymour062001.html

The Campaign for Liberty

http://campaignforliberty.com/blog.php?view=4179&cpg=1

Maybe if the world economy was built on sound money fairness and got a real job actually producing quality product and saving money we could climb out of this mess. 

-- Edited by NUKE ROCKY44 at 23:10, 2008-11-12

-- Edited by NUKE ROCKY44 at 23:13, 2008-11-12