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Old 01-21-2009, 12:01 AM
wowitsdark wowitsdark is offline
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Join Date: Nov 2005
Posts: 2,982
Hmm.

This is actually pretty interesting.

Check it out! Stock chart, Index chart - MSN Money

It looks like Bush is leaving the Dow Jones pretty much exactly where he found it!

The Nasdaq... yuck. That chart just makes me ill. NASDAQ COMPOSITE ($COMPX) - Stock chart, Index chart - MSN Money

That one was what was really cooking during Clinton's tenure in office since it is where most tech stocks are held. When all the crazy more.com's went bust, it fell like a lead balloon... and Bush inherited that economic disaster from Clinton.

It's fascinating that while things are *bad* right now, they appear to actually be about the same (the Dow Jones) as they were when Bush came into power, and during his terms, they were the highest they have ever been.

Sadly, though, just like the Clinton tech issue, those numbers were built on shifting sand that ultimately couldn't support them. I think it's really, really sad that while Bush has to go, the Barney Franks who were every bit as if not more culpable for anything that happened with our banking system get to stick around for eternity. Personally, I'd like to kick him out on his keester.
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