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Chevron Corporation Message Board

  • dowjones1234 dowjones1234 Mar 2, 2009 12:20 PM Flag

    "REAL CHANGE"

    Since the Democrats took the majority in the US Congress just 1,156 days ago, the Dow Jones Industrial Average has dropped 44%, the NASDAQ Index has dropped 45% and the S&P500 has dropped 50%. Now that is “real change!”

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    • No, sorry, Nancy the big-titted wombat has no charm. I'd sooner whack her on the back of the head with a 44-oz Louisville Slugger than look at her.

    • Meant to say "even though that's how America has always navigated through its business cycles ever since the Great Depression."

    • "Real Change" is what will be left in your pocket when the dems get through.....

    • One could also make the point that the GOP sat idly by as speculators in the stock, commodities, and real estate markets pushed prices to stratospheric levels from 2002 until 2007.

      You're a smart guy, surely you must have noticed that stocks, homes, oil, metals, and grains were all become massively overpriced?

      Republicans controlled the White House, the Senate, the Congress, the SEC, the Fed, and the Treasury at the time. Surely, they saw exactly what you saw.

      They could have done something, should have done something, to cool off an obviously overheated economy.

      They had many tools at their disposal. They could have raised interested rates, increased taxes, cut spending, brought the budget back into balance.

      You know, the normal things our government does when times are good. But no...they couldn't be troubled to take any action.

      Why, when they had the chance, did the GOP do nothing to prick the bubbles that threatened the very fiber of our economy?

      I see faint echoes of 1929 in their passivity and general obliviousness.

      But what's happened has happened. The American voters are to blame for putting lazy, clueless idealogues in charge of their economy. No need to point fingers at anyone but ourselves. We got what we deserved.

      The good news looking forward is that for the first time in more than a decade, equities and real estate are finally starting to sell at reasonable prices. And the Democrats are carefully nursing our economy back to health. I see better times ahead.

      Remember, from crisis comes opportunity.

      • 3 Replies to awfultrooth
      • Hoe about this...Pay attention 789 Billion. Whay not give Tax payers home owners a break. Every American could have got $5000 on this 789 Billion the new guy Borrowed

      • All I can say is, look at the numbers. The Amrican Markets were doing fine until the Democrates took control of the US Congress in 2006. Since then and into the election last November when the Democrates took over the White House, the US and world markets have had a steady and downward trend to the lowest market indicies since 1997. 12 years lets the Republicans off the hook the way I see it, the numbers tell the story!

      • All I can say is, look at the numbers. The
        American Markets were doing fine until the Democrates took control of the US Congress in 2006. Since then and into the election last November when the Democrates took over the White House the US and world markets have had a steady and downward trend to the lowest market indicies since 1997. 12 years lets the Republicans off the hook the way I see it, the numbers tell the story!

 
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