culture, politics, commentary, criticism

Wednesday, October 13, 2004
Numbers don't lie. The Dow Jones Industrial Average
opened at 3,255.99 on the first day and closed at 10,587.59 on the last day of the Clinton presidency. Using the index as a broad barometer of the wealth contained in personal investments and 401(k) plans, American assets realized a gain of 325% after the eight years of his administration.

The Dow Jones Industrial Average opened at 10,587.59 on the first dayof the Bush (Junior) presidency and closed at 10,002.33 today. American assets saw a loss of 5% after nearly four years of Bush — because the only way to make money during this administration is simply to have lots of money already and to get an undeserved tax cut for it.

A purist might argue that the Dow Jones Industrial Average is too narrow an index for this purpose. If you go through the same calculation for the S&P 500 Index , a composite of 500 companies instead of just 30, the results are quite similar: a gain of 308% for Clinton's two terms in office, versus a loss of 17% for Bush's first term, now thankfully nearly over. Note that the loss of 5% for the very biggest companies is somewhat less than the loss of 17% for the next tier. In Bushworld, even the losses disproportionately play favorites.

Greatest Hits · Alternatives to First Command Financial Planning · First Command, last resort, Part 3 · Part 2 · Part 1 · Stealing $50K from a widow: Wells Real Estate · Leo Wells, REITs and divine wealth · Sex-crazed Red State teenagers · What I hate: a manifesto · Spawn of Darleen Druyun · All-American high school sex party · Why is Ken Lay smiling? · Poppy's Enron birthday party · The Saudi money laundry and the president's uncle · The sentence of Enron's John Forney · The holiness of Neil Bush's marriage · The Silence of Cheney: a poem · South Park Christians · Capitalist against Bush: Warren Buffett · Fastow childen vs. Enron children · Give your prescription money to your old boss · Neil Bush, hard-working matchmaker · Republicans against fetuses and pregnant women · Emboldened Ken Lay · Faith-based jails · Please die for me so I can skip your funeral · A brief illustrated history of the Republican Party · Nancy Victory · Soldiers become accountants · Beware the Merrill Lynch mob · Darleen Druyun's $5.7 billion surprise · First responder funding · Hoovering the country · First Command fifty percent load · Ken Lay and the Atkins diet · Halliburton WMD · Leave no CEO behind · August in Crawford · Elaine Pagels · Profitable slave labor at Halliburton · Tom Hanks + Mujahideen · Sharon & Neilsie Bush · One weekend a month, or eternity · Is the US pumping Iraqi oil to Kuwait? · Cheney's war · Seth Glickenhaus: Capitalist against Bush · Martha's blow job · Mark Belnick: Tyco Catholic nut · Cheney's deferred Halliburton compensation · Jeb sucks sugar cane · Poindexter & LifeLog · American Family Association panic · Riley Bechtel and the crony economy · The Book of Sharon (Bush) · The Art of Enron · Plunder convention · Waiting in Kuwait: Jay Garner · What's an Army private worth? · Barbara Bodine, Queen of Baghdad · Sneaky bastards at Halliburton · Golf course and barbecue military strategy · Enron at large · Recent astroturf · Cracker Chic 2 · No business like war business · Big Brother · Martha Stewart vs. Thomas White · Roger Kimball, disappointed Republican poetry fan · Cheney, Lay, Afghanistan · Terry Lynn Barton, crimes of burning · Feasting at the Cheney trough · Who would Jesus indict? · Return of the Carlyle Group · Duct tape is for little people · GOP and bad medicine · Sears Tower vs Mt Rushmore · Scared Christians · Crooked playing field · John O'Neill: The man who knew · Back to the top

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