Skip to comments.Stocks +11.7%/yr under GOP congress; fall 11.7%/yr under Dems. [VANITY]
Posted on 10/06/2008 8:46:15 AM PDT by NativeNewYorker
C O M P A R A T I V E R E T U R N S
Range 12/30/94 - 12/29/06
Securities Prc Appr Total Ret Annual Eq
SPX Index 208.82 % 279.45 % 11.75 %
Range 12/29/06 - 10/ 3/08
Securities Prc Appr Total Ret Annual Eq
SPX Index -22.50 % -19.73 % -11.71 %
They didn't do due diligence with an extremely powerful financial instrument (Credit Default Swaps) and it is now biting everybody in the butt.
Can we get this to McCain, just in case he doesn’t know enough to use it tomorrow?
That’s why I posted this...in the hope someone can get this info where it’ll do some good.
Someone also needs to point to the price of gas during the Dems’ two year control of Congress. I don’t know the exact numbers, but it was a gradual increase until 2006, then the volcano erupted.
Too bad McCain didn’t vote NO on the bailout! He could have campaigned on the “No” vote for the next 28 days and guaranteed his election!
Today, he could have said - “...see this bailout is nothing but ‘fool’s gold’ - the rest of the world isn’t bying it either (Dow now down 400 pts)”.
Don’t confuse the GOP with useful facts.
Can you or someone else put up a stock chart from when the dems took over congress until today. That would make it easily understandable.
I remember that. We moved in October of 2006. Gas in Colorado was just passing 2.00 and in Tennessee is was still under 2.00. It hasn’t gone over $4.00 here but it has come close.
--Gas price average $2.11 a gallon and stable
--Unemployment 4.5% and stable
--Home prices rising and household wealth increasing
--Budget deficit declining, federal revenues increasing
For FOUR YEARS after the brief 9/11 recession, we had uninterrupted economic growth and low gas and food prices, uner the Bush policies. Now in just two years since Democrats took over Congress, we have falling revenues, an exploding deficit, soaring unemployment, a financial crisis, plummeting home values, rising foreclosures, and gas at neary $4 a gallon.
Clinton always took credit for the stock market boom, but when you look at the actual figures, there was an increase during 1993-94, but you don’t see the big jump until 1995, when the Republicans took Congress.
bump for publicity
Spread the word...keep reminding people that Bush’s economic policies were just fine until Pelosi and the rest of the nuts took charge of the asylum.
S&P500 since the Pelosi Democrats took over Congress.
20051230F,163.50,172.00,163.50,171.00 20060131G,177.00,177.00,171.00,172.58 20060228H,152.50,158.50,151.50,155.56 20060331J,194.50,199.00,190.00,194.58 20060428K,208.60,213.00,207.50,209.21 20060501M,209.80,216.30,209.50,214.66 20060531M,212.00,219.50,207.25,214.11 20060630N,228.00,228.75,216.00,220.21 20060731Q,222.00,228.00,219.00,222.89 20060831U,180.00,185.00,169.50,175.04 20060929V,148.00,159.00,147.00,154.92 20061031X,132.00,170.00,129.00,146.46 20061130Z,167.50,220.00,165.50,181.91 20061229F,159.00,162.00,158.00,160.21 **Dems take charge, 1/6/2007 20070131G,149.90,152.50,148.00,150.09 20070228H,182.00,187.00,179.80,184.76 20070330J,214.00,214.00,208.50,211.15 20070430K,240.70,245.50,239.00,244.05 20070531M,227.50,227.85,219.90,225.12 20070629N,228.25,232.00,227.00,229.42 20070731Q,208.80,215.75,208.80,214.08 20070831U,208.80,208.80,202.75,205.19 20070928V,207.90,209.50,204.50,206.83 20071031X,233.50,236.00,232.75,234.00 20071130Z,223.20,228.00,221.50,225.91 20071231F,247.76,249.85,245.90,247.58 20080131G,231.43,231.99,225.45,230.91 20080229H,248.70,252.45,245.59,251.23 20080331J,271.45,276.07,259.40,261.63 20080430K,293.92,298.00,291.00,293.12 20080530M,339.50,345.30,335.10,340.89 20080630N,349.90,356.61,348.52,350.15 20080731Q,312.70,314.18,302.00,304.80 20080930V,241.33,252.00,236.97,248.47 Friday close: 20081003X,224.59,228.86,218.75,222.83
“BOTH the Republicans and Democrats - along with the unbridled greed of Wall Street and banking - brought this House of Cards down upon their heads, and the heads of the rest of the industrialized world.”
I didn’t know Barney Frank, Chris Dodd, Nancy Pelosi, Harry Reid and Bill Clinton were Republicans.
Sigh...some people will never understand even the basics of economics.
“Sigh...some people will never understand even the basics of economics.”
Thank you. I miss good pizza; have a slice for me.