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Politics : Politics for Pros- moderated

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To: Rambi who wrote (295748)3/9/2009 9:52:17 PM
From: KLP1 Recommendation  Read Replies (1) of 793817
 
Seems to me that the skyrocketing price of oil started during GWB’s term from May forward, caused the market to fall…and it was that way throughout the summer. Then we had the campaign, and the election in Nov 2008. Since that date, other than a small blip, the market has been heading south since….

As we all know, through the 2008 late summer and through the fall of the financial markets including the fall of Bear Stearns and Leaman Brothers because of the mortage mess that only the House and Senate were aware of, and in fact were delinquent in dealing with (per the NYT in Sept 1999, and never once paid heed to President GW Bush any of the years he tried to have the Senate and the House deal with Fannie Mae and Freddy Mac…..(See numerous YouTubes…) had plenty to do with it too....

If Congress WON'T do what the President wants done....who is to blame?

One thing for sure, the people who do pay taxes have taken a HUGE hit, and it may not be recoverable in our lifetime (those of us who are newly retired....)

What GWB did to really make most of the Right furious is never used the VETO pen.



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5 Year DJI - 2004-2009 YTD



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March 2008- March 2009
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