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Friday, January 20

And This Is What Our Children and Grandchildren Are Supposed To Count On For Their Retirements?!

"Analysis:
Index Portfolio Performance for the First Five Years of the Bush Administration"


That's the title. Here's a quote:

"January 22, 2001 was the first day of trading after Mr. Bush became President. Three major indices stood at the following levels at the close of trading on that day:

Dow Jones Industrial Average: 10,578.24
Standard & Poor's 500: 1342.9
NASDAQ Composite: 2757.91

At the close of trading today, January 20, 2006, these same three averages stood at the following levels:

Dow Jones Industrial Average: 10,667.39
Standard & Poor's 500: 1,261.49
NASDAQ Composite: 2,247.70"


What could be worse? If you figure in inflation.
You should check it all out at The Dark Wraith Forums. Neat charts and graphs too.

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