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Morgan Stanley Message Board

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  • madmoneyguru madmoneyguru Sep 30, 2008 12:02 AM Flag

    republican's market meltodown

    How much "Change" do you want?
    Hey guys...facts are facts!

    This has to make you think a little bit, if not then keep your blinders on!



    George Bush has been in office for 7 1/2 years. The first six the economy was fine.

    A little over one year ago:
    1) Consumer confidence stood at a 2 1/2 year high;
    2) Regular gasoline sold for $2.19 a gallon;
    3) the unemployment rate was 4.5%.
    4) the DOW JONES hit a record high--14,000 +
    5) American's were buying new cars, taking cruises, vacations o'seas, living large!...



    But American's wanted 'CHANGE'! So, in 2006 they voted in a Democratic Congress & yep--we got 'CHANGE' all right. In the PAST YEAR:

    1) Consumer confidence has plummeted ;
    2) Gasoline is now over $4 a gallon & climbing!;
    3) Unemployment is up to 5% (a 10% increase);
    4) Americans have seen their home equity drop by $12 TRILLION DOLLARS & prices still dropping;
    5) 1% of American homes are in foreclosure.
    6) as I write, THE DOW is probing another low~~11,500--
    $2.5 TRILLION DOLLARS HAS EVAPORATED FROM THEIR STOCKS, BONDS & MUTUAL FUNDS INVESTMENT PORTFOLIOS!


    YEP , IN 2006 AMERICA VOTED FOR CHANGE!...AND WE SURE GOT IT! NOW OBAMA, the DEM'S CANDIDATE FOR PRESIDENT--AND THE POLLS SAY HE'S GONNA BE 'THE MAN'--CLAIMS HE'S GONNA REALLY GIVE US CHANGE! JUST HOW MUCH MORE 'CHANGE' DO YA THINK YOU CAN STAND?

 
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