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Posted: 6:11 AM Aug 5, 2011
Dow Average Plunges 513; Worst Drop Since 2008
New York (AP)
The Dow Jones industrial average plunged more than 500 points Thursday. Investors are concerned that the U.S. economy will enter another recession and that Europe's debt problems are not closed to being solved.
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  • by edmund on Aug 5, 2011 at 12:03 AM
    Not to worry. The Fed is printing trillions of worthless greenbacks to give the corpse CPR---unfortunately all the other countries see through the ploy and now they are dumping the dollar as well as Wall Street. Gotta love that hope and change, baby.
  • by ute at risk on Aug 4, 2011 at 10:25 PM
    This endangers the entire welfare mentality of our local leaders. Who is going to pay for the gravy train?
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