Reply #7: Huh? Better for who? [View All]

[Bob3]

If you had stocks in all the companies in the Dow Jones Ind Average at the boom's height and held them when the collapse came (we'll leave off the bit about it was Clinton's fault - 6 years later it is still Clinton's fault) like you were told to do by the paid shills on wall street that means after 6 years you would be just now breaking even - again. Which means somebody who put the money in a standard savings account would have done better than you over that time. How is this good? Never mind people who had enron stock.

And I notice they say nothing of Nasdaq (which is where all the hot stocks were) that isn't even close to touching their historic highs.

We'll leave off the unemployment numbers and the growth numbers - the gimmicking of them has been widely documented. (Again please note they don't talk about Job creation which is at historic lows).

But that's the Wall Street journal editorial page - they'll be spewing this nonsense out until judgment day. It's like getting angry at the sun - they live in fact free world and don't care.