drieuxster (drieuxster) wrote,

Why Are Iranian Flying Saucers Allowed To Attack America?

Stock and bond prices tumbled Wednesday after a bigger-than-expected rise in consumer prices sparked a fresh round of inflation worries on Wall Street.

The Dow Jones industrial average (down 187.63 to 11,232.26, Charts) had skidded about 1.7 percent, or 200 points, with two and a half hours left in the session.

The broader Standard & Poor's 500 (down 17.42 to 1,274.66, Charts) index sank 1.5 percent and the Nasdaq composite (down 26.47 to 2,202.66, Charts) tumbled 1.3 percent after earlier hitting a new low for the year.

The selling started after the Labor Department said its Consumer Price Index, the government's main inflation gauge, jumped a bigger-than-expected 0.6 percent in April while the so-called core CPI, which excludes energy and food prices, rose by 0.3 percent. Both readings came in a shade above economists' forecasts. (Full story.)

[ cf CNN/Money: Inflation sparks selloff ]
Or more importantly WHY has the Evil Liberal Media covered up the assault By Iranian Flying Saucers?

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