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That's right. The S&P 500 compounded positive 11.7% year when the GOP ran Congress, and dropped by that rate when the Dems took the gavel.
1 posted on 10/06/2008 8:46:16 AM PDT by NativeNewYorker
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To: NativeNewYorker
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.

They didn't do due diligence with an extremely powerful financial instrument (Credit Default Swaps) and it is now biting everybody in the butt.

2 posted on 10/06/2008 8:49:11 AM PDT by politicket (Palin-tology: (n) - The science of kicking Barack Obambi's butt!)
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To: NativeNewYorker

Can we get this to McCain, just in case he doesn’t know enough to use it tomorrow?


3 posted on 10/06/2008 8:49:57 AM PDT by jersey117
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To: NativeNewYorker

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.


5 posted on 10/06/2008 8:53:25 AM PDT by woweeitsme
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To: NativeNewYorker

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.


8 posted on 10/06/2008 8:59:49 AM PDT by Betty Jane
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To: NativeNewYorker
I've been telling people - Bush's economic policies were just fine until the Democrats took over Congress:

--Gas price average $2.11 a gallon and stable

--Unemployment 4.5% and stable

--Home prices rising and household wealth increasing

--Foreclosures stable

--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.

10 posted on 10/06/2008 9:02:54 AM PDT by Dems_R_Losers (NEVER FORGET -- it all started with Fannie Mae and the Democrats!)
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To: NativeNewYorker

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.


11 posted on 10/06/2008 9:06:42 AM PDT by denydenydeny ("[Obama acts] as if the very idea of permanent truth is passe, a form of bad taste"-Shelby Steele)
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To: NativeNewYorker

bump for publicity


12 posted on 10/06/2008 9:08:35 AM PDT by VOA
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