The DOW sets another record close. Do we impeach Bush yet?

Question

http://today.reuters.com/news/articleinvesting.aspx?type=bondsNews&storyID=2007-05-07T200545Z_01_N07387345_RTRIDST_0_MARKETS-STOCKS-UPDATE-10-URGENT.XML

With the DOW reaching new highs every day, I want to know how long it will take libs to impeach Bush for this high crime. If the libs boy Clinton gets credit, shouldn't Bush. Of course I am sure you libs will find a way to either blame Bush or give credit elsewhere. Liberals tell me how the markets going up, unemployment rates low, and low interest rates resulting in increased housing sales is bad. Spin away. Try not to be biased and give credit where credit is due

Clair - Oil was down today. Thanks.

0 for 3. Dave K tried but just couldn't do it. I love how this conversation has already been turned into oil and Iraq. LMAO

Josh - Am I missing something or is the S&P 500 over 1500 as well. Is 500 a big enough sample or would you like to go bigger thanks. Good spin try though.

nckracing - LMAO. You turn this question into a 9/11 conspiracy debate. Keep chugging the kool-aid. Thanks.

Map - Nice dodging of the question. Thanks.

Answer 1

The influence a sitting President has on the economy is really pretty minimal, and that influence often isn't felt for years. The high stock market might owe a little to the Bush tax custs in his first term, for instance, but it owes a lot more to the global economy.

Answer 2

Dude,

The measure of a man's success needs to be looked at from a balanced perspective..

For example.. if you yourself became very sucessful at your work, made millions, bought a large mansion married a hot woman.. but ignored your sick mum who you left in wheelchair bound living in a high rise apartment.. then you'd be deemed a moral failure!

Simularly.. with Bush.. he is a moral failure.. he may have steered some big businesses further and deeper into the black with his wild style policies, senate vetos and ignorance of anything Democracts suggest (they still represent the other half).. which makes Bush a very selfish person to begin with.

His policies which have seen pension funds wiped out by companies like Enron while the perpetrators received slaps on the wrist.. is also an example of how Bush has overseen the Dow's rise.. yeah.. while private investors loose their life savings and pensions funds are decimated!

AND.. lets not even start on the Iraq war.. the foreign debt or the fact that the Dow Jones has had a very rocky ride, I watch it daily and the general concensis if anything is that it along with the US property market are set for a MAJOR correction.

The property market is heavily overpriced.. there is a massive flight of capital out of USA as the US dollar starts to slip.. and soon when interest rates are FORCED to rise.. to stave the spiral of foreign debt which will ultimately cripple the US economy.. the average citizen including YOU will suddenly realise that bush is actually the worst President in the history of America.. the damage he has done is currently being covered by his overpowered beurocracy and senate veto powers which are being exercised at an ever increasing propensity and haste. Bush is slipping.. he knows he is slipping half his original power team have lost all public support like Wolfowitz and Cheney, Rumsfeld and Powell all considered loosers now..

So yeah.. the Do Jones has MIRACULOUSLY continued to rise.. amazing.. and one starts to wonder how it all works really.. does it work???

Coz by any econometric reasoning.. by any logic.. by any form of mathematical conclusion.. the American economy is headed one way.. and the Dow Jones is heading right down there with it..

Answer 3

The Dow Jones Average uses 30 stocks to project an average.

Although it's the most widely known and used, it's the least accurate.

There are thousands of stocks and the Dow uses only 30 to average. It's just coincidence that most of those stocks are up right now, so don't be too happy.

Currency is a better indicator of the economy and right now we're at an alltime low against the Euro and a 15 year low against the British Pound.

Or check out the S&P 500. This is a slightly better indicator of how the market is doing.

Answer 4

bill Clinton replaced into impeached (by skill of the homestead) after being convicted of perjury and obstruction of justice, the two impeachable crimes. No impeachable crimes have been introduced against George W. Bush jointly as in place of work. thankfully our judicial gadget does no longer know "alleged" unlawful strikes, scandals, etc., and fairly relies upon on actually info, tangible info, and sturdy testimony in its seach for certainty. in any different case the harmless could be wrongfully convicted exponentially.

Answer 5

We SHOULD IMPEACH BUSH on the soul fact he commited the HIGHEST Form of treason know to this country!

He is selling America to the highest bidder..
Coming soon to America, The North American Union!
What is the plan, simple, erase all borders between Canada, Mexico, and America!
Good by American Sovernty, Bill Of Rights, Constituion, & the forgotten Declaration of Indepence!

Not only that, but 9-11 was an inside job!

Answer 6

"I am sure you libs will find a way to either blame Bush or give credit elsewhere"

Do you mean the way Newt tried to take credit for it in the 1990's?

Answer 7

Do you have any idea how much money this economy has put into the savings of all AMericans that have 401K and other savings?

I mean it has to be just huge. I am so glad we had a good steward of the economy in office the last six years.

too bad that is all going to change with the socialists in congress raising taxes on everything.

Answer 8

Looks like the tax cuts for the rich are working after all. Corporate profits up. Middle American down.

Answer 9

Does David M. Walker, Comptroller General of the United States and fiscally conservative Republican, agree with your viewpoint?

Answer 10

Truth is, perhaps he deserves some credit for the market......I dont really know.....

But, those of us with souls understand that if we cheer about the markets while our soldiers are being killed in Bush's war, there is something seriously wrong with us......

Go for it bub....put Bush up there with the greatest of all Presidents becuse the market is up........the rest of us will continue to mourn the soldiers that he has sent to their deaths.....