Tuesday, April 1, 2008

And how were things?


And just how great were things when Bill Clinton was president?
And why do people have short memory's?
> You hear that we are in a recession and may soon will be in a depression.
> They don't remember "Black Friday", eighty eight years to the day that
> the Titanic sink, the stock market sink. April 14, 2000.
> http://money.cnn.com/2000/04/14/markets/markets_newyork/
> How soon they forget the tech correction. "Since Monday, the Nasdaq
> has dropped about 1,000 points, 20 percent of its value."
> "It was set by a bad inflation report. Millions of dollars are simply
> evaporating from portfolios." That week.
> http://archives.cnn.com/2000/US/04/14/dow4_14.a.tm/index.html
> Remember the speculative bubble in the dot-coms, the bubble burst in 2000.
> http://www.siebertnet.com/html/december_2000.html
> The DOW lost over 1000 points the last year Clinton was in office.
> And still going down.
> The NASDAQ lost over half it's value,about 2500 points, in the last
> year of Clinton.
> http://www.cbsnews.com/htdocs/economy/markets/images/dowjones.swf
> As Clinton leaves office unemployment is going up and we are heading
> into a rescission.
> http://data.bls.gov/PDQ/servlet/SurveyOutputServlet?request_action=wh&graph_name=LN_cpsbref3
> Our trade imbalance with China is increasing, expeditiously. After
> Clinton signs a trade bill with China.
> http://archives.cnn.com/2000/ALLPOLITICS/stories/10/10/clinton.pntr/
> Remember Clinton was president until January 19, 2001.
Thing were not as good as some would have you think.
- Show quoted text -

2 comments:

Kathleen said...

Excellent points! People forget very quickly and blame Bush for everything!

Thanks

Cliff said...

Thanks.