Categories
Social & Political

Our "CEO President" and the economic record

<![CDATA[George W. Bush liked to call himself a "CEO President"—though even that conceit has passed away now—so let's look at the record of the performance of our economy to see what his results look like.
Here is the Dow Jones Industrial Average from the first business day after Inauguration Day in 2001 through today.

George W. Bush's economic stewardship in a nutshell

You can check this yourself here. Unfortunately, we are not done, yet.
By the time Bush leaves office, his team of cronies and their lax approach to regulation will have managed to do worse damage to the economy than the 9/11 terrorists—who were trying.]]>

Categories
Business Social & Political

Imagine we bailed out homeowners

Categories
Economic Social & Political

Legislators from both sides agree: Rip-off

<![CDATA[It may be needed, but the bail-out shouldn't come in the form of a give-away to the banks, Congress says.
This is when the vaunted “bipartisanship” Republicans demand at every turn actually becomes a real debate and negotiation. In this case, the only people in favor of the bail-out in its current form are the Bushies. This is why we need a strong Congress, not a unitary executive.]]>

Categories
Social & Political

Recovery or double-dip?