Wall Street Marks Grim Anniversary of 1929 Crash

October 29, 2008

  • October 29, 2008 at 12:55 pm
    KLS says:
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    I had no idea there were so many of us walking around feeling ‘wealthy’ in the first place.

    Ya learn something new every day. How interesting.

  • October 29, 2008 at 1:26 am
    A plug for the Obama's TV show says:
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    Help Obama celebrate the 79th anniversry since the 1929 crash and the downfall of America tonight on CBS and ABC. Fox will also run the Obama show if not showing the World Series. Your attendance to the viewing is required.

    Friday October 10, 2008
    Obama campaign buys prime-time TV special in Oct.
    By Caren Bohan
    GEORGETOWN, Ohio (Reuters) – Democratic presidential candidate Barack Obama’s campaign has purchased a half-hour slot on prime-time television on Oct. 29, six days before the U.S. election, a campaign official said on Thursday.

    US Democratic presidential nominee Senator Barack Obama (D-IL) speaks with patrons at the Fireside Restaurant during a campaign stop in Georgetown, Ohio, October 9, 2008. (REUTERS/Jim Young)
    The campaign has deals with CBS and NBC to run the special, while Fox will also air it if the network is not broadcasting a baseball World Series game that day, Obama senior adviser Linda Douglass said.

    She said the campaign was negotiating with other networks to run the half-hour program, but declined to say how much the total budget was for the purchases.

    A network executive who declined to be named said that amount of time during prime time would cost about $1 million to $1.5 million.

    Obama, who faces Republican John McCain in the Nov. 4 election, has outstripped his rival in fundraising, bolstered by his decision not to take public funds and thereby avoiding federal spending limits.

    Obama, who has made the financial crisis the central theme of his campaign, declined to say whether the date of his television special — the 79th anniversary of the catastrophic 1929 stock market crash — was significant.

    “We’re going to be talking about it tomorrow,” he said in response to a reporter’s question.

  • October 29, 2008 at 1:43 am
    Thank God for Baseball says:
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    Fox will be showing the last 3 1/2 innings of the ball game. Thank You Jesus for baseball and the world series.

  • October 30, 2008 at 1:19 am
    Rog Aspi says:
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    How about the implications of simple economy in the 20’s vs current technology implications. The 20’s economy was simply agricultural and industrial with railroad technology pushing efficiency in agriculture by shifting labor to industry. On current economy communications is moving efficiently quick but leaving a lot of questionable facts ….. assets, expenses, revenues, etc. are transformed digitally quick even by phone, are these numbers and statistics correct? In the 20’s it took hundreds of labors to plant and harvest agricultural products but with growing communications efficiency through railroad growth industrials/commercials grew shifting labors from agriculture that impose changing economics and depression. Oh well …… the keys are statistical analysis of cause and effects.



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