- Sep 12, 2008
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My boy will be a senior in high school when Obama is voted out. None too soon. Four lost years on his savings though.
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My boy will be a senior in high school when Obama is voted out. None too soon. Four lost years on his savings though.
If a 4% drop in the Dow is a meltdown, then what do you call the 53% drop that started under Bush in 2008?
Of course. My comment was directed at using the word meltdown to describe a percentage drop that we have seen dozens of times over the last 4 years. Exaggeration is a blood relation to falsehood.If a 4% drop in the Dow is a meltdown, then what do you call the 53% drop that started under Bush in 2008?
Bush's meltdown doesn't change the fact that if you attribute the stock market to obama when it goes up you have to attribute it to him when it goes down if you want to be consistant and not a hypocrite....and vise-versa.
The stock market gains over the last 80 years have been much better under Democrats than Republicans, about 6 times better. During the Bush years, the markets as measured by the Dow loss 28%. Since the market bottom just after Obama took office, the stock market is up 81%.My boy will be a senior in high school when Obama is voted out. None too soon. Four lost years on his savings though.
I can appreciate that. We have all our retirement money invested too and, now that we are starting to depend on it, we really cringe when it takes hits like it is taking today. And frankly, if the leftists retain control of Congress and the White House next November, I think we're all going to be screwed.
But I remain the eternal optimist that the American people are smarter than the 'experts' think they are.
Of course. My comment was directed at using the word meltdown to describe a percentage drop that we have seen dozens of times over the last 4 years. Exaggeration is a blood relation to falsehood.If a 4% drop in the Dow is a meltdown, then what do you call the 53% drop that started under Bush in 2008?
Bush's meltdown doesn't change the fact that if you attribute the stock market to obama when it goes up you have to attribute it to him when it goes down if you want to be consistant and not a hypocrite....and vise-versa.
If a 4% drop in the Dow is a meltdown, then what do you call the 53% drop that started under Bush in 2008?
In August, just over two months before his firm was forced to declare its bankruptcy yesterday, MF Global boss Jon Corzine, a former Democrat governor and senator from New Jersey, made an ambitious bet. If he made the switch from Wall Street to the White House before 2013, then he would pay his bondholders a sweetener.