Ten years on the Dow - a lost decade?
America Blog Oct 10 08The graph below shows the "growth" of the Dow over the past ten years. You'll note we're back to where we started.(From CNBC.com)This is quite a statement about the bad policies on Wall Street and in Washington. Lots of commission money has been made pushing whatever it is that Wall Street was selling, but to be back where we were ten years ago is shocking. It's hard to imagine anyone (John McCain and the Republicans) wanting to move their Social Security retirement money into such a market when you look at this picture. You'd be quite literally back to where you were ten years ago - ten years of gains, ten years closer to retirement, wiped out. Full story...
More stories from america blog »
NBER: US recession started in December 2007
America Blog 3 hours agoThey're confirming what many of us already knew. This is going to be a long recession but at least the grownups are ready to take over from the kids.
'Twelve days of Christmas' up almost 11%
America Blog 4 hours agoBah humbug!
Given the economic downturn, even the most romantic might balk at the $86,609 price tag for the items in the carol "The Twelve Days of Christmas.
Obama on Clinton and Gates
America Blog 5 hours agoBarack Obama is doing his news conference to announce his national security team right now. Here's the excerpt from the speech on Hillary Clinton and Robert Gates:
I have known Hillary Clinton as a friend, a colleague, a source of counsel, and as a campaign opponent.
Calif. priest tells Obama supporters to confess because voting for Obama was a mortal swin
America Blog 6 hours agoAnd the Catholics wonder why their membership is declining.
A Roman Catholic priest has told parishioners they should confess if they voted for Barack Obama because the president-elect supports abortion.
GOP's New Leader, Sarah Palin, is campaigning in Georgia today for Chambliss
America Blog 7 hours agoWhile many GOP elected officials and pundits cringe at the concept of Sarah Palin as their party's leader, she is.
UK gives two week deadline to credit card companies
America Blog 11 hours agoHank Paulson was surely about to do this as well but somehow it slipped his mind. The US continues to allow the banks to get away with profiteering despite being saved from total failure, but that's the Republican way.
Factories in Asia see decline in demand
America Blog 12 hours agoOf course, how could the economies not be so tightly linked and dependent on each other? Now that credit has stopped in the West, who can afford to shop 'til they drop? The decoupling theory takes yet another hit as it falls back to reality.
My friend Tom wishes you a belated Happy Thanksgiving from Egypt
America Blog 16 hours agoDear Friends,Happy Thanksgiving.This year I find myself away from family and friends but after more than a week in the Middle East I feel closer to the rest of the world.
Tomorrow, Obama announces the National Security Team
America Blog 18 hours agoTomorrow morning at 10:40 a.m. Eastern, Obama and Biden will hold a press conference in Chicago to announce their national security appointments.
Virginia is blue -- and getting bluer
America Blog 20 hours agoLosing Virginia was a devastating blow to the Republicans this year. But, it wasn't a fluke. As the demographics of Virginia, particularly the ever-expanding Northern VA suburbs change, the state is turning even bluer.
Popular Tags »»
aids australia barack obama britney spears celebrity gossip christmas entertainment events gay adoption gay marriage gay men gay rights gays google happy thanksgiving harvey milk hiv hollywood lesbian love marriage marriage equality mormon church music myspace parenting personal blogs photo photos politics president elect same sex marriage thanksgiving underwear world aids day
Have your say - be the first to comment
Login