It sucks all over--Summit time
YankeeJim | May 25, 2010 at 07:04 amby
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Wanted: Community Organizer on Steroids
Kim Il Sung awoke and said, “It’s a good time to pick a fight. We have caught them flat footed.”
The answer to addressing these overwhelming conditions is to get the President to weigh in as the global community organizer on steroids. Global leadership to gain cooperation and collaboration is essential. Needed is an impromptu summit among the most powerful – USA, China, Japan, Great Britain, France, Germany, Korea, etc.
Global Leadership and Problem-Solving Summit
“Investor concerns on Europe, Korea drive markets down at open
By Debbi Wilgoren and Howard Schneider
Washington Post Staff Writer
Tuesday, May 25, 2010; 10:21 AM
U.S. stock markets fell sharply at the open Tuesday morning, as investors continued to show concern about European debt and economic woes, and the growing tension on the Korean peninsula.
The Dow Jones Industrial Average was down about 230 points, or about 2.3 percent, in the first 30 minutes of trading, slipping below the benchmark of 10,000. The Standard & Poor's 500 index was down nearly 2 percent, and the Nasdaq composite index was off some 2.6 percent.
The declines followed another night of market losses in Europe, with Greece, Spain, Italy, Portugal and Ireland the hardest hit. Spain was the focus of an International Monetary Fund report that on Monday called for a major restructuring of labor markets and government budget deficits to avoid a Greek-style implosion in that country.”
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