David Goldstein

David Goldstein

Posted September 15, 2008 | 04:23 PM (EST)

Better Than Hoover

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The Dow Jones Industrial Average closed down 504.48 points today, at 10917.51. That's only 329.92 points higher than where it stood on January 20, 2001, the day George W. Bush took office.

To put that in perspective, had you invested $100 in a DJIA index fund just before Bush took office, it would be worth about $83 today in inflation adjusted dollars.

But, you know, John McCain says "the fundamentals of our economy are strong," so there's nothing to worry about.

[David Goldstein writes on WA state politics at HorsesAss.org]

The Dow Jones Industrial Average closed down 504.48 points today, at 10917.51. That's only 329.92 points higher than where it stood on January 20, 2001, the day George W. Bush took office. To put th...
The Dow Jones Industrial Average closed down 504.48 points today, at 10917.51. That's only 329.92 points higher than where it stood on January 20, 2001, the day George W. Bush took office. To put th...
 
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Don't worry. Americans have the best, hardest working most innovative workforce. Everything will be fine, just as soon as those hardworking innovative people find jobs.

    Favorite    Flag as abusive Posted 12:00 PM on 09/16/2008

Imagine if Bush got his way and privatized social security? What a miserable failure.

    Favorite    Flag as abusive Posted 12:06 AM on 09/16/2008

George Bush finally admitted that we went to war in Iraq to get their oil. And for awhile the US oil corporations were promised the Iraqi oil fields contracts; but, Iraq changed their minds and now the Chinese have the oil lease contracts. Everything the Bush administration touches turns to crap.

    Favorite    Flag as abusive Posted 12:44 PM on 09/16/2008

Many of us have seen this coming for some time now. Sadly, the "I told you so" tastes very bitter in the mouth. I wish we had been wrong.

    Favorite    Flag as abusive Posted 08:02 PM on 09/15/2008
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Heckofa job there Georgie!

What else is there that needs to be said?

    Favorite    Flag as abusive Posted 04:39 PM on 09/15/2008
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