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BREAKING: Markets Rally as Earthquake Rocks DC Area

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ThisThreadIsSatire Donating Member (697 posts) Send PM | Profile | Ignore Tue Aug-23-11 02:52 PM
Original message
BREAKING: Markets Rally as Earthquake Rocks DC Area
SATIRE from: http://thedesperateblogger.com/

A morning rally on Wall Street appeared to gain momentum after a 5.9 magnitude earthquake centered outside Washington shook buildings and frayed nerves up and down the Northeast Corridor. At 2:45 PM Eastern time, the Dow Jones Industrial Average was up 209 points, as jubilant investors 'welcomed the news as sending a strong message to legislators in spite of their being out of town on summer recess'. As one veteran trader put it, "Had Congress actually been in session, I think you'd have seen the Dow up about 1200."

A spokesman for Harold Camping told reporters that the noted doomsday prognosticator, "will issue a statement as soon as he's had time to check his math."

Pat Robertson, the renowned TV evangelist, amateur seismologist, and recent Bingo Caller Hall Of Fame inductee issued a statement calling the temblor "a clear sign from God that He is not pleased with happenings in our nation's capital." Robertson also expressed a degree of surprise that there had not yet been any reports of damage in Martha's Vineyard.

Standard & Poor's President Deven Sharma welcomed Robertson's comments, and went so far as to suggest that, "If those members of Congress most willing to heed Mr. Robertson's warnings actually change their tune – as well as their tone – in tackling fiscal policy matters, it would seem likely that an environment would be created which would allow S&P to reinstate the United States' AAA credit rating -- and hopefully get the Justice Department off of our backs."

While the quake was not felt on the floor of the New York Stock Exchange, the rumbling did cause the Manhattan District Attorney's Office to postpone a scheduled press conference regarding the dismissal of sexual assault charges against disgraced former IMF chief Dominique Strauss-Kahn. When reached by reporters for comment, Strauss-Kahn told reporters, "At the time of the quake, I was in my Tribeca townhouse celebrating my good fortune with a female friend. Fortunately, I was able to convince her – as I had first believed – that it was I who was responsible for what we had both just experienced."
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MineralMan Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-23-11 02:54 PM
Response to Original message
1. Very nice. I almost posted something similar. I happened to check
the DJIA a few minutes after the earthquake and saw that it had spiked up. Hilarious.
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CleanGreenFuture Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-23-11 03:05 PM
Response to Reply #1
4. Do you think the EQ really had anything to do with it?
I'm not sure and I actually try to get some financial news every day to see what's driving the market but my face has been glued every spare minute to the happenings in Libya.
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MineralMan Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-23-11 03:06 PM
Response to Reply #4
5. No. Not related at all.
Edited on Tue Aug-23-11 03:07 PM by MineralMan
Those guys probably never even noticed it.
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csziggy Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-23-11 02:57 PM
Response to Original message
2. But Congress was actually in session!
According to one of the talking heads, the House has been gavelling in at least once a day so they are not out of session, preventing President Obama from making any appointments. At the moment when the earthquake happened, the "gaveler" of the day was actually doing his duty to his party and pounding the gavel.
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ThisThreadIsSatire Donating Member (697 posts) Send PM | Profile | Ignore Tue Aug-23-11 03:18 PM
Response to Reply #2
6. That's probably what caused it! nt
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elleng Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-23-11 03:02 PM
Response to Original message
3. Yup!
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ThisThreadIsSatire Donating Member (697 posts) Send PM | Profile | Ignore Tue Aug-23-11 04:13 PM
Response to Reply #3
7. Yup, kept going up -- from quake to close... nt
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Warpy Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-23-11 04:30 PM
Response to Original message
8. I guess they're hoping it shakes the idiot right up
enough to make them consider the sensible solutions to our problems.
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Johonny Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-23-11 04:32 PM
Response to Original message
9. A few more quakes and will be back to either full employment
or wall street sinking into the ocean. Either way the market wins.
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ThisThreadIsSatire Donating Member (697 posts) Send PM | Profile | Ignore Tue Aug-23-11 04:51 PM
Response to Reply #9
10. We can't allow Wall Street to sink
into the ocean. We'd only end up bailing out AIG again...
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butterfly77 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-23-11 05:37 PM
Response to Original message
11. Its all about their precious money...
I turned on cnbc during the coverage and the first thing I heard one of the talking heads say was at least the stock markets are looking good.

They run in the streets scared as hell I don't know why,the only thing they need to do is cover themselves with their money and they will be protected,especially that Maria Bartaroma b----.
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ThisThreadIsSatire Donating Member (697 posts) Send PM | Profile | Ignore Tue Aug-23-11 09:11 PM
Response to Reply #11
12. -itch... there, I said it... nt
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