DoomsDay Headlines 2-11-2014: Stock Market, Apocalypse, 12,000 Job Cuts, EMP Threat, Iran Missiles, Generate Centrifuges 15X Faster, Israel, Pension Funding Suspended, SS Shutdown, Rare Brain Disease, Major Storm, Drug Shortages, Power Outage, Thames River, Crop Shortages, Christian-Muslim Fighting, Laser Attacks, Drug Shortages, Dengue Fever
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Stock market tracks eerily with 1929
There are eerie parallels between the stock market’s recent behavior and how it behaved right before the 1929 crash. That at least is the conclusion reached by a frightening chart that has been making the rounds on Wall Street. The chart superimposes the market’s recent performance on top of a plot of its gyrations in 1928 and 1929.
Retail Apocalypse? Major Chains Closing Hundreds Of Stores
Treasury Secretary Jacob Lew told Congressional leaders Monday that he is taking two extraordinary measures to avoid hitting the debt limit. In a letter, Lew said he will suspend debt issuance for the Civil Service Retirement and Disability Fund and not invest fully in the Government Securities Investment Fund of the Federal Employees' Retirment System. Lew said that the actions were taken "during previous debt-limit impasses," and that both funds "will be made whole once the debt limit is increased."
U.S. says Social Security computer outage to affect HealthCare.gov
Major Winter Storm ‘Could Be Biggest Of The Season’
A major winter storm is expected to barrel up the East Coast mid-week, bringing a potentially significant snowfall to the already winter weary Washington region. The powerful Nor’easter is forecast to blow into the mid-Atlantic region sometime after dark Wednesday should dump at least 4 to 6 inches of snow on the area before blowing north by Thursday afternoon.
Store shelves stripped bare: Georgia ice storm could take out electric grid