I see the FR resident troll is back today. MurryMom posted this on the DOW passing the 12,000 mark today.
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Mucho gracias, Senor ex-Presidente Bill Clinton!
Bill and Algore made us rich in the 1990's and now they are doing it all over again. If the Republicans want to blame you for terrorism, nuclear weapons in North Korea, failure of the Iraq occupation, and rising hostility toward the U.S. government throughout the world, the least they can do is give you and Mr. Gore credit for the 12,000 Dow.
America's greatest living ex-President just keeps on giving and giving.
131 posted on 10/18/2006 1:15:46 PM CDT by MurryMom
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http://www.freerepublic.com/focus/f-news/1721496/posts?page=131#131
Is she for real?
God she is a moron.
That's positively deranged. At first read it sounds like satire but I know she really believes it. Sick stuff.
My response to MurryMoan
How many companies from the 90s 'boom' no longer exist. As someone who was very close to the road in investing in the 90s, I can tell you a large portion of the 'boom' was fueled by IPOs of companies with what we call 'infinite' PE ratios- these are companies created solely for the purpose of producing an IPO without having any book revenue. Many Internet companies and BioTech fell into this category. They had 0 earnings but had IPOs with valuations of billions of dollars based solely on 'potential' of their ideas.
Billions of dollars of phantom money traded hands during this time.
It is one of the reasons why the bubble began to burst in 99. One cannot continue to trade phantom dollars without it eventually leveling out.
And for the record, both the bubble and the popping had nothing to do with any single party or president. The Bubble nor the Burst can be attributed to Clinton just as it cannot be attributed to President Bush.. It was a financial anomaly of a completely new emerging market (Internet) along with new emerging customers of that market (the so called day traders and other Internet venues of trade.)
MurrayMom is FR's token liberal. Not just the only one, there are a few others.