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What things happened in 2009? add to list please?
2009 will go down as a year of Change, hope and volatility?
Just looking for a list is all - Small things and large things Obscure things and things maybe I forgot etc...
We went from the brink of depression — with unemployment nearing double digits — to watching the Dow rise from 6,500 above 10,000 just a few months later, on the heels of Fed action. Gold rallied above $1,100... We swore in the first African-American president. We watched the Bernie Madoff scandal unfold. We watched the Fed pump billions into the pipelines, keeping major banks afloat. We watched the FDIC disaster unfold... global upheaval and defaults... the Miracle on the Hudson... the fight over health care reform...
Please add to the list ...
Unemployment is STILL near double digits.
A gold rally is BAD because it means the dollar is weaker.
We watched GM and Chrysler go bankrupt after Pelosi insisted that Obama hand them a check for billions of dollars.
The Dow reached its all time high of 14,000 in 2007, on Bush's watch.
It was no bubble, the Dow was above 10,000 the majority of Bush's time in office up to that point.
But after the GOP lost its majority in Congress in 2007, the Dow took its worst one-year plunge in history.
Bush's economic policies worked for six years. But after the GOP lost control of Congress, it was all downhill from there.
After the GOP lost control of Congress, then the GOP was not able to pass legislation that could have prevented the crash.
The Democrats did nothing. The GOP might have done something, but they couldn't because they didn't have a majority anymore.
Bush's watchlist system worked for 8 years and 3 days. Even if you start counting with the shoe bomber on 12/22/2001, it kept us safe from airliner bombings until 12/25/2009.
If the system worked that long, why did it fail less than one year after Obama took office? The problem is not the system, it's the people who are now runing it.
They took a system that was working, and in less than a year it fell apart.
And unemployment was NEVER 10% on Bush's watch.
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