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Politics : Don't Blame Me, I Voted For Kerry -- Ignore unavailable to you. Want to Upgrade?


To: Dan B. who wrote (69826)11/14/2005 4:47:07 PM
From: Land SharkRead Replies (2) | Respond to of 81568
 
Markets always look to future prospects... Clearly the market was and is correct in being Bearish on Bush. Bush is a disaster to America and the rest of the World.



To: Dan B. who wrote (69826)11/14/2005 5:21:09 PM
From: American SpiritRead Replies (2) | Respond to of 81568
 
The overall economy has little to do with market fluctuations. Clinton's years were marked by an amazing stock market performance, but it went too far too fast so it corrected. Then it corrected back. Dot-coms were a special case. Clinton had nothing to do with dot-coms up or down.

The dot-coms aside, the Clinton markets did so well because the government was fiscally sound and paying as it went for once in our lifetimes. Even if you had no dot-com stocks your portfoli probably doubled during CLinton's terms. Bush shattered that whole fiscally conservative mindset. It was reckless and we will be paying for it for a long time. Taxes will have to come up now. Borrowing trillions of dollars to boost an economy is not sound economics.