That was a post-Bear Stearns high, not an all-time high. The all-time high at closing was 14,164 in 2007.
It&#039;s always instructive looking back at the financial indicators over the 2006-2008 period and remembering that the economy was showing signs of recession <em>before</em> Bear Stearns collapsed - and remembering that the financial crisis was <em>caused by</em> the housing bubble starting to burst, not the other way round.
Case in point, <a href="http:\/\/www.abajournal.com\/news\/article\/sec_accuses_goldman_sachs_of_selling_mortgage_investment_designed_to_fail\/" target="_blank">Abacus</a> - was some smartass prick thinking &quot;yeah, as in, you do math huh huh huh SUCKERZ!&quot;?
That&#039;s the real &quot;oh boo fucking hoo&quot; line.
&quot;We&#039;ve screwed the masses so hard so long, we&#039;re actually gonna have to throw them a frickin&#039; bone for once to keep them alive so we can keep sucking their blood.&quot;
Yes, just like he was also to blame for that all-time peak (both absolute value and inflation-adjusted) in July of 2008, <em>and</em> the crash that brought prices all the way below $2 on inauguration day.
Today I&#039;m not feeling so stabby. Today I&#039;m feeling more clubby.
I&#039;m sure Mitt&#039;s <em>also</em> somehow responsible for the uptick in the French and German stock exchanges when the Socialist won the French election.
That was a post-Bear Stearns high, not an all-time high. The all-time high at closing was 14,164 in 2007.
It&#039;s always instructive looking back at the financial indicators over the 2006-2008 period and remembering that the economy was showing signs of recession <em>before</em> Bear Stearns collapsed - and remembering that the financial crisis was <em>caused by</em> the housing bubble starting to burst, not the other way round.
I thought it was being replied to, not fisted up, that perpetuated your mistakes.
Case in point, <a href="http:\/\/www.abajournal.com\/news\/article\/sec_accuses_goldman_sachs_of_selling_mortgage_investment_designed_to_fail\/" target="_blank">Abacus</a> - was some smartass prick thinking &quot;yeah, as in, you do math huh huh huh SUCKERZ!&quot;?
That&#039;s the real &quot;oh boo fucking hoo&quot; line.
&quot;We&#039;ve screwed the masses so hard so long, we&#039;re actually gonna have to throw them a frickin&#039; bone for once to keep them alive so we can keep sucking their blood.&quot;
Sounds like a good way to get skulls to fuck.
Yes, just like he was also to blame for that all-time peak (both absolute value and inflation-adjusted) in July of 2008, <em>and</em> the crash that brought prices all the way below $2 on inauguration day.
Today I&#039;m not feeling so stabby. Today I&#039;m feeling more clubby.
I&#039;m sure Mitt&#039;s <em>also</em> somehow responsible for the uptick in the French and German stock exchanges when the Socialist won the French election.