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<blockquote data-quote="728ups" data-source="post: 1157411" data-attributes="member: 33372"><p>ok,how many times during the Dubya presidency did the stock market even come CLOSE to 15,000?????? The past couple of days have been less than positive in the Market,but OVERALL since Obama's inaguaration the stock market has shown signifigant gains, You have posted many stupid things that make me laugh,but THIS post tops it! </p><p>I cant seem to remember the Market doing so well because of Dubya, howzabout the COMPLETE tanking of the economy due to good ole Dubya's policies? Here are a few facts you might like to ponder. I know you conservatives hate facts and science</p><p></p><p><span style="color: #000000"><span style="font-family: 'sans-serif'">Former <a href="http://en.wikipedia.org/wiki/United_States_Secretary_of_Labor" target="_blank">United States Secretary of Labor</a> <a href="http://en.wikipedia.org/wiki/Robert_Reich" target="_blank">Robert Reich</a> said the fall in stock prices since Obama's inauguration was caused by the policies of former President <a href="http://en.wikipedia.org/wiki/George_W._Bush" target="_blank">George W. Bush</a>, and that the <a href="http://en.wikipedia.org/wiki/Real_estate_bubble" target="_blank">housing</a> and <a href="http://en.wikipedia.org/wiki/Economic_bubble" target="_blank">financial bubbles</a>, as well as the decline in the stock market, all began under Bush's Presidency.[SUP]<a href="http://en.wikipedia.org/wiki/United_States_bear_market_of_2007%E2%80%932009#cite_note-17" target="_blank">[17]</a>[/SUP]</span></span></p><p><span style="color: #000000"><span style="font-family: 'sans-serif'">Justin Fox of <em><a href="http://en.wikipedia.org/wiki/Time_(magazine)" target="_blank">Time magazine</a></em> points at eight major economic mistakes George W. Bush made: 1) A return to <a href="http://en.wikipedia.org/wiki/Deficit_spending" target="_blank">deficit spending</a>, 2) <a href="http://en.wikipedia.org/wiki/Iraq_War" target="_blank">Iraq</a>, 3) <a href="http://en.wikipedia.org/wiki/Economic_Growth_and_Tax_Relief_Reconciliation_Act_of_2001" target="_blank">Tax cuts for the rich</a>, 4) <a href="http://en.wikipedia.org/wiki/Sarbanes-Oxley_Act" target="_blank">Sarbanes-Oxley Act</a>, 5) Encouraging <a href="http://en.wikipedia.org/wiki/Consumer_spending" target="_blank">consumer spending</a>, 6) The lack of an <a href="http://en.wikipedia.org/wiki/Energy_policy" target="_blank">energy policy</a>, 7) <a href="http://en.wikipedia.org/wiki/Spin_(public_relations)" target="_blank">State of denial</a>, and 8) A muddled first <a href="http://en.wikipedia.org/wiki/Emergency_Economic_Stabilization_Act_of_2008" target="_blank">bailout</a> by Treasury Secretary <a href="http://en.wikipedia.org/wiki/Henry_Paulson" target="_blank">Henry Paulson</a>.[SUP]<a href="http://en.wikipedia.org/wiki/United_States_bear_market_of_2007%E2%80%932009#cite_note-18" target="_blank">[18]</a>[/SUP]</span></span></p><p><span style="color: #000000"><span style="font-family: 'sans-serif'">In 2005, Congressman <a href="http://en.wikipedia.org/wiki/Ron_Paul" target="_blank">Ron Paul</a> (R-Texas) said section 404 of the <a href="http://en.wikipedia.org/wiki/Sarbanes-Oxley_Act" target="_blank">Sarbanes-Oxley Act</a> (2002) which requires <a href="http://en.wikipedia.org/wiki/Chief_executive_officer" target="_blank">chief executive officers</a> to certify the accuracy of financial statements caused <a href="http://en.wikipedia.org/wiki/Capital_flight" target="_blank">capital flight</a> away from the U.S. stock market.[SUP]<a href="http://en.wikipedia.org/wiki/United_States_bear_market_of_2007%E2%80%932009#cite_note-19" target="_blank">[19]</a>[/SUP] Later in 2008, Paul said that the government <a href="http://en.wikipedia.org/wiki/Bailout" target="_blank">bailouts</a> of badly run corporations was rewarding bad behavior and punishing good behavior, and that it prevented resources from being allocated away from inefficient uses to more productive uses, and that this lowered the overall amount of wealth across the entire economy.[SUP]<a href="http://en.wikipedia.org/wiki/United_States_bear_market_of_2007%E2%80%932009#cite_note-20" target="_blank">[20]</a>[/SUP]</span></span></p><p><span style="color: #000000"><span style="font-family: 'sans-serif'">In March 2009 White House budget director <a href="http://en.wikipedia.org/wiki/Peter_Orszag" target="_blank">Peter Orszag</a> said, "Job losses began in January 2008. The stock market started declining October 2007.... This has been, you know, eight years in the making, and again, it's going to take some time to work our way out of it." [SUP]<a href="http://en.wikipedia.org/wiki/United_States_bear_market_of_2007%E2%80%932009#cite_note-seattle-21" target="_blank">[21]</a>[/SUP]</span></span></p></blockquote><p></p>
[QUOTE="728ups, post: 1157411, member: 33372"] ok,how many times during the Dubya presidency did the stock market even come CLOSE to 15,000?????? The past couple of days have been less than positive in the Market,but OVERALL since Obama's inaguaration the stock market has shown signifigant gains, You have posted many stupid things that make me laugh,but THIS post tops it! I cant seem to remember the Market doing so well because of Dubya, howzabout the COMPLETE tanking of the economy due to good ole Dubya's policies? Here are a few facts you might like to ponder. I know you conservatives hate facts and science [COLOR=#000000][FONT=sans-serif]Former [URL="http://en.wikipedia.org/wiki/United_States_Secretary_of_Labor"]United States Secretary of Labor[/URL] [URL="http://en.wikipedia.org/wiki/Robert_Reich"]Robert Reich[/URL] said the fall in stock prices since Obama's inauguration was caused by the policies of former President [URL="http://en.wikipedia.org/wiki/George_W._Bush"]George W. Bush[/URL], and that the [URL="http://en.wikipedia.org/wiki/Real_estate_bubble"]housing[/URL] and [URL="http://en.wikipedia.org/wiki/Economic_bubble"]financial bubbles[/URL], as well as the decline in the stock market, all began under Bush's Presidency.[SUP][URL="http://en.wikipedia.org/wiki/United_States_bear_market_of_2007%E2%80%932009#cite_note-17"][17][/URL][/SUP][/FONT][/COLOR] [COLOR=#000000][FONT=sans-serif]Justin Fox of [I][URL="http://en.wikipedia.org/wiki/Time_(magazine)"]Time magazine[/URL][/I] points at eight major economic mistakes George W. Bush made: 1) A return to [URL="http://en.wikipedia.org/wiki/Deficit_spending"]deficit spending[/URL], 2) [URL="http://en.wikipedia.org/wiki/Iraq_War"]Iraq[/URL], 3) [URL="http://en.wikipedia.org/wiki/Economic_Growth_and_Tax_Relief_Reconciliation_Act_of_2001"]Tax cuts for the rich[/URL], 4) [URL="http://en.wikipedia.org/wiki/Sarbanes-Oxley_Act"]Sarbanes-Oxley Act[/URL], 5) Encouraging [URL="http://en.wikipedia.org/wiki/Consumer_spending"]consumer spending[/URL], 6) The lack of an [URL="http://en.wikipedia.org/wiki/Energy_policy"]energy policy[/URL], 7) [URL="http://en.wikipedia.org/wiki/Spin_(public_relations)"]State of denial[/URL], and 8) A muddled first [URL="http://en.wikipedia.org/wiki/Emergency_Economic_Stabilization_Act_of_2008"]bailout[/URL] by Treasury Secretary [URL="http://en.wikipedia.org/wiki/Henry_Paulson"]Henry Paulson[/URL].[SUP][URL="http://en.wikipedia.org/wiki/United_States_bear_market_of_2007%E2%80%932009#cite_note-18"][18][/URL][/SUP][/FONT][/COLOR] [COLOR=#000000][FONT=sans-serif]In 2005, Congressman [URL="http://en.wikipedia.org/wiki/Ron_Paul"]Ron Paul[/URL] (R-Texas) said section 404 of the [URL="http://en.wikipedia.org/wiki/Sarbanes-Oxley_Act"]Sarbanes-Oxley Act[/URL] (2002) which requires [URL="http://en.wikipedia.org/wiki/Chief_executive_officer"]chief executive officers[/URL] to certify the accuracy of financial statements caused [URL="http://en.wikipedia.org/wiki/Capital_flight"]capital flight[/URL] away from the U.S. stock market.[SUP][URL="http://en.wikipedia.org/wiki/United_States_bear_market_of_2007%E2%80%932009#cite_note-19"][19][/URL][/SUP] Later in 2008, Paul said that the government [URL="http://en.wikipedia.org/wiki/Bailout"]bailouts[/URL] of badly run corporations was rewarding bad behavior and punishing good behavior, and that it prevented resources from being allocated away from inefficient uses to more productive uses, and that this lowered the overall amount of wealth across the entire economy.[SUP][URL="http://en.wikipedia.org/wiki/United_States_bear_market_of_2007%E2%80%932009#cite_note-20"][20][/URL][/SUP][/FONT][/COLOR] [COLOR=#000000][FONT=sans-serif]In March 2009 White House budget director [URL="http://en.wikipedia.org/wiki/Peter_Orszag"]Peter Orszag[/URL] said, "Job losses began in January 2008. The stock market started declining October 2007.... This has been, you know, eight years in the making, and again, it's going to take some time to work our way out of it." [SUP][URL="http://en.wikipedia.org/wiki/United_States_bear_market_of_2007%E2%80%932009#cite_note-seattle-21"][21][/URL][/SUP][/FONT][/COLOR] [/QUOTE]
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