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Politics : Formerly About Advanced Micro Devices

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From: bentway	9/29/2008 9:47:01 PM
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THE BUSH ECONOMY: DOW CLOSES LOWER TODAY THAN FIRST DAY OF BUSH'S PRESIDENCY huffingtonpost.com "On Monday, the Dow finished lower than when George W. Bush assumed the presidency: 10,587.59 on January 19, 2001 compared to 10,365.45 at its close on September 29, 2008."... "It's a striking phenomenon," said Robert Shapiro, undersecretary of commerce during the Clinton White House years. "The reckless negligence and mismanagement of the country's financial markets by the White House, the Treasury and the Fed over the last several years has now produced a crisis that has wiped out all of the increase in the market value of America's companies from five years of record corporate profits, strong productivity gains, and reasonable growth. Bush has now run the table on presidential failure." Eight years of pissing into the wind..

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