This demonstrates very nicely how good a Republican-controlled congress is at building up massive market bubbles, and how good a Democrat-controlled congress is at bringing the market back to reality.
No, I think cnick's point is just as valid as mine based on that single picture. I think he's mostly wrong, of course, :) but that doesn't invalidate his conclusion or its basis.
"I'm interested in keeping other people from building Utopia, because the more you believe you can create heaven on earth, the more likely you are to set up guillotines in the public square to hasten the process. "-- James Lileks
4 comments:
This demonstrates very nicely how good a Republican-controlled congress is at building up massive market bubbles, and how good a Democrat-controlled congress is at bringing the market back to reality.
Denial. It's not just a river in Egypt...
No, I think cnick's point is just as valid as mine based on that single picture. I think he's mostly wrong, of course, :) but that doesn't invalidate his conclusion or its basis.
I agree! You can pretty much draw whatever conclusion you want from pictures like that.
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