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Entry for September 25, 2008

Bush Has Accomplished What The Terrorists Couldn’t

McCain Will Finish the Job

The price of gasoline averaged about $1.60 per gallon. The price of a barrel of oil averaged $27.39. The Dow Jones Industrial Average was at about 10,900. The NASDAQ Composite was at about 3,300. The U.S. government finished the year with a surplus of $236 billion. The U.S. finished the year with a trade deficit of nearly $380 billion.

The year was 2000. Towards the end of that year George W. Bush was elected and early the following year took office. While the stock market had dropped considerably that year, their was still optimism despite the burst of the “dot com” bubble, which, in 20/20 hindsight, you could say was expected.

Fast forward to 2008. We are just 40 days away from another presidential election and Bush leaving office. The price of gasoline averages about $3.60 per gallon. The price of a barrel of oil averages about $118. The Dow Jones Industrial Average is at about 10,825. The NASDAQ Composite is at about 2,155. The U.S. government will finish the year with a deficit of over $400 billion. The U.S. will finish the year with a trade deficit of nearly $700 billion and we face a financial calamity the likes of which we haven’t seen since the Great Depression.

The terrorists are cheering what they see going on in the U.S. They don’t have to lift a finger to bring down the greatest nation on the planet. That nation is taking itself down. Al Qaeda is praying for McCain to win the election so he can finish the job that George W. Bush started, the destruction of the U.S. economy and the nation itself.

2008-10-13 00:07:54 GMT
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