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US stock markets reach 12-year lows

Thursday, March 5, 2009

US stock markets dropped to twelve-year lows on Thursday, amidst falling confidence in the financial sector and worries over whether the US automobile manufacturer General Motors will be able to keep operating.

The Dow Jones Industrial Average dropped by 4.08%, or 280.52 points, at the closing bell, reaching a level of 6595.32, a new 12-year low. The Nasdaq Composite lost 54.15 points, or 4%, to 1299.59, while the Standard & Poor’s 500 plunged by 30.27 points, or 4.25%, closing at 682.60.

Every stock in the Dow Jones, other than Wal-Mart, either lost ground or remained even, and all stocks in the S&P 500 index lost ground.

General Motors’ shares lost 15.5% after the auto firm announced that its auditors had “substantial doubt” over whether it would be able to keep operating.

Shares of financial companies were lower by nine percent, with Bank of America losing 11.7% and Citigroup falling by 9.7%.

“What’s most worrisome is that we haven’t hit the crescendo yet,” said Bill Groeneveld, the head trader for vFinance Investments. “Asset-management divisions are getting calls to just liquidate everything, and we haven’t seen the big players come back in at all.”

“This is one of the worst bear markets in the last 100 years; it started out with the credit crisis and the subprime [loans], but it is like a forest fire that has raced across the clearing and ignited other parts: Autos, auto parts, the insurance companies have been hit very hard. The credit crisis is causing an unraveling of industry after industry because the banks don’t lend,” said David Dreman, the chief investment officer of Dreman Value Management.

European markets were also lower today, with the London’s FTSE index losing 3.2% and the DAX index of Germany falling by five percent.

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Guide To Army Combat Boots

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Guide To Army Combat Boots

by

John Traiten

Military style is actually a fashion preference that’s insinuated in all apparel in your wardrobes, army inspired skirts, trousers, coats, and now comes the turn of military or army boots though you opt for to consider them. Military boots are ankle-length tie-up boots which have for ages been used by adventure-inclined men and also women for their outdoors endeavors, and also have now grown being a stylish footwear style also for the daintiest of divas. Their expanding popularity owes itself part to the sturdiness which they offer, part to the edgy look they give to an otherwise soft outfit, and also part to their adaptability of use in lots of different scenarios. Thus no matter what be your reason for selecting them the bottom-line is – combat boots are exceptional and also ought to have a try simply by one and all!

[youtube]http://www.youtube.com/watch?v=CFmNaBJBxzM[/youtube]

Like all stylish, army boots too have been classified in number of classes depending on subtle differences in style and also things. Most of the well-known styles in military boots are: Army bates boots The fact that army bates boots are used by military personnel in the US Department of Defense tells half the story about how high in quality these boots are. Also, they are offered to site workers in a lot of public work for their tried and tested durability. Needlessly to say, or also far better than you’d probably count on, these boots are shock-resistant, water-resistant, fireproof, and also offer outstanding grip and also ankle support. Bates boots are available in several price ranges and also styles to choose from. Tan, black, and gray remain the most prevalent color alternatives. Army combat boots Army combat boots are the ones that are basically used by men in the army occasionally of battle or maybe in tough conditions. They may be made making use of the best of shoe-making technology to get unique strength giving the user’s feet supreme support and also safety. Whatsoever is the invading element – snow, water, stones, or maybe metal, an army combat boot combats effectively against all odds to keep your feet cozy. It is why they’re appropriately appropriate for being worn outdoors while trekking or maybe climbing. Furthermore, women with dresses, skinny jeans, or maybe shorts can use a lighter version of the genuine combat boot. They appear as good on the city streets as they look on tough landscape. Army desert boots Particularly suited for atrociously hot weather and also the unreliable terrain of the desert, army desert boots are the very best choice for an journey safari in the deserts. They’re waterproof, give perfect ventilation and also protect the feet in the tough desert. The sole is cautiously designed to keep you from slipping. Thus opt for an army desert boot for their sturdiness, safety, and also toughness. Apart from the above outlined variety, there are several other options of army boots like jungle boots, tanker boots, jump boots, and also cold-weather boots. With all this, it must be quite easy to spot the one that goes with your personality and also lifestyle. In case you are thinking which is the best place to get army boots, then the answer is World Wide Web. There are exclusive e-commerce website that deal especially in army boots. Thus merely flick through these websites and let yourself indulge in an adventurous spirit!

John Traiten is head over heels in love with army boots. He likes them for their macho looks, sturdiness and the support they offer to the feet. His favorite army boots styles being army bates boots,

army combat boots

and

army desert boots

. To check out a full range of stylish army boots at bargain do log on to www.bargainsplusmore.com.

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Guide To Army Combat Boots

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Obama’s new stance on same-sex marriage earns donations

Saturday, May 12, 2012

Following the announcement this week by U.S. President Barack Obama that he supports the legalisation of marriage for same-sex partners, the Obama campaign claims to have received an increase in donations and support from lesbian, gay, bisexual and transgender (LGBT) supporters.

Financial support for Democratic politicians by LGBT groups had fallen to the lowest rate in 16 years, with only $590,000 raised so far in the election cycle. A June fundraising event planned in Los Angeles and focused on the LGBT community is likely to sell out and Obama’s campaign team is seeking to expand the event.

Gay people better get out there and support the president.

Chad Griffin, the incoming head of LGBT campaigning group the Human Rights Campaign, said that the President’s statement on marriage “will further energize an already excited base”. Obama supporter and Silicon Valley entrepreneur Wade Randlett said that the announcement “reminds people of the Obama they worked hard for in 2007, 2008. Someone who takes strong, bold stands”.

The sex advice columnist Dan Savage wrote on Twitter: “Gay people better get out there and support the president. If he loses in November, we’ll be blamed.”

Opponents of same-sex marriage have also used the President’s statement on the issue to raise money: the National Organization for Marriage (NOM) have run a three-day long “money bomb” fundraiser this week which raised $20,000. NOM plan to increase the amount spent on supporting candidates in federal elections this year.