I happen to dislike the economic performance of Bush I, II, and III, all of whom were disastrous influences on our economy. Still, it is pretty hard to blame Bush III alone for the Y2000 crash.
The whole idea is more interesting when viewed by Congress:
by House | |||
Congress | R | D | Wilshire |
111 | 178 | 256 | -3% |
110 | 233 | 202 | -35% |
109 | 232 | 201 | 19% |
108 | 229 | 205 | 36% |
107 | 221 | 211 | 3% |
106 | 223 | 211 | -11% |
105 | 228 | 206 | 55% |
104 | 230 | 204 | 56% |
103 | 176 | 258 | 7% |
102 | 164 | 270 | 42% |
101 | 174 | 261 | 11% |
100 | 177 | 258 | 7% |
99 | 182 | 253 | 49% |
98 | 163 | 272 | 16% |
| | | |
| Average | Republican | 18% |
| Average | Democrat | 18% |
by Senate | |||
Congress | R | D | Wilshire |
98 | 55 | 45 | 16% |
99 | 53 | 47 | 49% |
100 | 45 | 55 | 7% |
101 | 45 | 55 | 11% |
102 | 44 | 56 | 42% |
103 | 43 | 57 | 7% |
104 | 54 | 46 | 56% |
105 | 55 | 45 | 55% |
106 | 55 | 45 | -11% |
107 | 50 | 50 | 3% |
108 | 51 | 49 | 36% |
109 | 55 | 44 | 19% |
110 | 49 | 51 | -35% |
111 | 41 | 59 | -3% |
| | | |
| Average | Republican | 31% |
| Average | Democrat | 5% |
All in all, the exercise mostly emphasizes how criminally rampant monetary inflation has been over the past several decades. It's no wonder Momma has to work, add the kids soon.
I don't usually get political with my investing but when I heard the term "Obama bounce" I bought an inverse ETF for the first time. I'm now positive for the year.
ReplyDeleteThanks Obama.
FDR, when you reference Bush I, II and III, I am not sure who exactly you mean. Do you mean Bush I as Samuel Prescott Bush (1863 - 1948) economic advisor to Herbert Hoover and the architect of GD1, as chief of the Ordnance, Small Arms, and Ammunition Section of the War Industries Board, a United States government agency during World War I to coordinate the purchase of war supplies and his appointment to the Federal Federal Reserve of Cleveland central bank? If that is the case, the coalition of Bush III with Cheney and Haliburton war industries and the architect of GD2 seems to fit right in. Or perhaps you simply just refer to Obama, as a no account watercarrier from Bush's (HW) I and II (W) policies?
ReplyDeleteI mean W, his Daddy, and his Granddaddy.
ReplyDeleteYou bring up a good point that Obama could be considered Bush IV. I'm certain he will aggressively continue congress's policy of stuffing the pockets of the world's richest men with our struggling citizens' money.
I noticed Obama's hair has turned gray quite rapidly. I wonder if he is aware that he is nothing but a mere puppet of the ruling elites and that he will be kept on a short leash.
ReplyDeleteBernanke, who I think is probably a nice man, probably realizes by now that he's simply the lead clown of the circus.
Jokes on you, Ben.
That is true, I missed the point. The real fat is in the grinding of pork and not necessarily in the lineage of kings. Guess I got in a twist, thanks for the explanation and the interesting perspective.
ReplyDelete-PPT