In response to:
Stock market performance under George W. Bush compared to Obama's tenure.
------------DJIA-----NASDAQ-----S&P500
1/20/01---10,588-----2,770-------1,343
1/20/09----7,949----1,441---------805
10/18/12--13,319-----3,046-------1,428
Please take a look at the Destruction of Wealth under George W. Bush and the Republican Party.
DJIA -25%, NASDAQ -48%, S&P500, -40%.
First three years of Obama.
DJIA +65%, NASDAQ +106%, S&P500 +77%.
YES, as a retired investor, I AM better off today than almost four years ago.
Floridians in the new 18th congressional district gave much of the conservative world a shock Tuesday when Rep. Allen West, a freshman congressman, ended up slightly behind Democrat Patrick Murphy in voting with 97 percent of the precincts reporting. While the full vote count may not be known until Wednesday/Thursday, according to a WPTV.com account, Business Insider felt confident enough to report Murphy as the projected winner based on NBC News numbers. These had Murphy up 159,959 to 157,578 with 99 percent of the precincts reporting.
One thing this contest certainly was not was boring. At one point, West...
The day the Democrats took over was not January 22nd 2009, it was actually January 3rd 2007,the day the Democrats took over the House of Representatives and the Senate, at the very start of the 110th Congress. The Democratic Party controlled a majority in both chambers for the first time since the end of the 103rd Congress in 1995.
For those who are listening to the liberals propagating the fallacy that everything is "Bush's Fault", think about this:
January 3rd, 2007, the day the Democrats took over the Senate and the Congress:
The DOW Jones closed at 12,621.77
The GDP for the previous quarter was 3.5%
The Unemployment rate was 4.6%
George Bush's Economic policies SET A RECORD of 52 STRAIGHT MONTHS
January 3rd, 2007 was the day that Barney Frank took over the House Financial Services Committee and Chris Dodd took over the Senate Banking Committee.
The economic meltdown that happened 15 months later was in what part of the economy?
BANKING AND FINANCIAL SERVICES! THANK YOU DEMOCRATS (especially Barney ) for taking us from 13,000 DOW, 3.5 GDP and 4.6% Unemployment...
to this CRISIS by (among MANY other things) dumping 5-6 TRILLION Dollars of toxic loans on the economy from YOUR Fannie Mae and Freddie Mac FIASCOES!
BTW:
Bush asked Congress 17 TIMES to stop Fannie & Freddie -starting in 2001 because it was financially risky for the US economy). Barney blocked it and called it a "Chicken Little Philosophy" (and
And who took the THIRD highest pay-off from Fannie Mae AND Freddie Mac? OBAMA
And who fought against reform of Fannie and Freddie?
OBAMA and the Democrat Congress, especially BARNEY!!!!
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So when someone tries to blame Bush...
REMEMBER JANUARY 3rd, 2007.... THE DAY THE DEMOCRATS TOOK OVER!"