Blue chips slip amid new economic data [View All]

Report shows decline in durable goods orders last month
The Associated Press
Updated: 10:59 a.m. ET May 26, 2004

NEW YORK - Blue-chip stocks were lower Wednesday, as investors worried that the economy might be cooling too quickly after a larger-than-expected drop in durable goods orders last month.

A new Commerce Department report showing a decline in durable goods orders in April showed that the booming economy was settling down, alleviating inflation fears. However, the steep drop led some to worry that the economy might still be vulnerable to a downturn.

Also, the Commerce Department said sales of new homes plunged in April after a surprising surge in March. Sales of single-family home sales fell 11.8 percent in April — the largest drop since a decline of 24 percent in January 1994.

http://msnbc.msn.com/id/3683270/

As we all can see, Al Franken is the only media source which has morals and/or resources to investigate the American Media Whore lies. What does that have to say about Democracy and/or the power of the lying, cheating, immoral... republican party? I heard on mainstream TV and radio for the last 3.5 years that, 'The recovery will be here next quarter.' To be honest, I've never listened to Limbutt and I get a kick out of listening to him via the Franken show but I think it's time Al go after a more serious issue, the life of our country. The embedded cheating, corruption, racketeering, (at the very least immorality) of the American Media Whore announcers. But in fact it isn't the announcers, they are no different than aWol reading scripts. It's the CEOs and board of directors. I want to hear Franken play a 1000 times from 100 different sources that 'the recovery will be here next quarter.'