It's the economy, stupid.

Stock market crash commences March 2000. Still going.

-- (Uncle Sam@Washington.DC), October 03, 2001

Answers

How many points did it nosedive back in March, 2000?

-- Cherri (jessam6@home.com), October 03, 2001.

Hey Cherri, Maybe if you pulled your head outta your ass, you'd see what the hell is going on in the real world.

March 10, 2000 - Nasdaq closed at 5048.617 and has been dropping like a rock ever since, duhhhhh.

Today the Nasdaq is at 1495.69, let's see, here let me DO the math since you are stuck on that *liberal* math, that would be a NOSEDIVE of some 3552.927 points! That is a nosedive of some 70 percent! Let's see, who was in office again back in March 2000??? Oh, that's right, Mr. I fuck anything in a skirt Klinton!!! Why did he do nothing to stop the decline?

-- Gary (gcphelps@yahoo.com), October 03, 2001.

It's pretty obvious that Klintooon caused the stock market crash. He's been working with Bin Laden for years to bring down the WTC and cause widespread panic. He meant to do it during Y2K, but there was too much exposure. So he waited for the right time, setting up his terrorist HQ in Harlem for the final assault. His best agent, Chelsea, was only blocks from the scene when it happened. Coincidence? Ha! Now it's only a matter of time before he declares "Marshall Law" and makes himself President for Life. Then we'll all be rounded up in white busses and shipped off to the American death camps. It's true! I read it in WorldNetDaily.

-- (iBelieve@Everything.IRead), October 03, 2001.

Tha Naz is down 50%(3k to 1.5k) under all the NEAT-O Bush Administration programs. The confidence in these romperroom agendas is overwhelming! Problem gary has is he doesn't understand the Bush plan is to liquidate the USofA. Gary tends to be impressionable to CNN claptrap.

Real soon this will all reverse however. Just as soon as Bush stops his wiggling, darting, and negotiating with Nations which support and harbor Terrorists(like he said in his speech to congrass he would, or was it the other guys who had to stop?). Once this happens, and all this free money being printed makes its way into the economy the sky is the limit friends!

-- (Jesus@youpeopleare.stoopid), October 03, 2001.

Actually, I watch CNBC and laugh at the talking heads who've just only realized the economy has tanked, what's your excuse?

-- Gary (gcphelps@yahoo.com), October 04, 2001.

Klintoon caused the crash by aiding and abetting the huge stock market bubble that is now collapsing. Nothing the next president can do will stop the necessary correction of the economic forces that he and his Wall Street buddies managed to hold at bay for so long. The correction should have started about 3 years earlier and wouldn't have been nearly as severe as it will be now.

-- Financier (Wall@Street.con), October 04, 2001.

It's true. It's the same with Y2K. Klintooooooooooooooooooon and GoSkin'Em have been covering up the Y2K bugs all along and now it's finally going to come crashing down on us. It will be even worse than the doomers could have possibly imagined. Trillions of people will die. Many more will go insane. Most of the planet will be a vast wasteland of putrid death and destruction. Britney Spears will be elected President. People will be longing for the days when they could drink dog piss from a rusty hubcap. We told the Pollies it was coming, but they wouldn't listen. Dumb pollies. They'll be dead soon.

-- (stupid@doo.mer), October 04, 2001.

Howdy Folks:

Just got back from the East last night; very late. I was at a long-range strategic planning session; whatever that means.

A few comments before I go to sleep. We are comparing 8 years of economic growth, low unemployment and no war to what we have now.

That is; according to the administration types that talked; unemployment approaching 6% with plus or minus 1; declining tax revenue of near 30% per year; recovery near 05. A deficit that will dwarf that accumulated by the Reagan administration. And there is the war.

Of course these are all guesses. Take them for what they are worth. I guess we all have a different idea of success.

Best Wishes,,,,

Z

-- Z1X4Y7 (Z1X4Y7@aol.com), October 04, 2001.

Z,

For such a supposed intellectual, you don't have a very good grasp of the relationship between the stock market and government policy. I expect the uneducated masses to blame whatever or whoever is close by when something bad happens, but I expect a learned scientist to actually examine the causes of the effect before casting blame. Oh well, so much for expectations.

While the poster known as "Financier" isn't exactly right, he is fairly close to the reality of the situation. But reality isn't nearly as much fun to you as trying to blame Bush for the mess that started with Clinton, now is it? LOL.

-- J (Y2J@home.comm), October 04, 2001.