Dow 9,800

11:51 am EST October 6th, 2008 | News | 10 Comments

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The Dow Jones Industrial Average was 10,587.59 on the day George W. Bush was first sworn into office.

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10 Responses to “Dow 9,800”

  1. Dennis says:
    October 6, 2008 at 1:00 pm

    The stock market has absolutely no faith that an Obama Administration would be good for stocks. This is capitulation.

  2. Enlightened Liberal says:
    October 6, 2008 at 1:09 pm

    Dennis, you have no idea what capitulation in the stock market is, do you?

  3. Oliver Willis says:
    October 6, 2008 at 1:10 pm

    You’ve reached Frank-levels of stupidity in a very short time. The market is tanking because the credit market is seizing up because the lack of regulation championed by the right is causing a massive failure of the US economy.

  4. Dennis says:
    October 6, 2008 at 1:40 pm

    Thanks for the objective assessment of the stock market and what the cause of the collapse was.

    If there is a happier blogger on the internet through this crisis, I have yet to come across his site. Unless whoever that may be is just hiding it better.

  5. Nimrod Gently says:
    October 6, 2008 at 2:26 pm

    Wait, are you suggesting that the cause of the crisis is capiitalism itself cowering in fear of Barack Obama/

  6. Parthenon says:
    October 6, 2008 at 3:09 pm

    Dennis, you’re missing the point rather epicly, friend. Nobody is happy when the market takes a dive, not even those who stand to gain (or support those who stand to gain) politically. How in the world did you get ‘glee’ out of reporting that it had another record fall and making a comment on the opposition candidate’s fear-mongering?

  7. ed says:
    October 6, 2008 at 3:23 pm

    By his own logic, Dennis thinks Bill Clinton was the most wonderfulest President Evar. I disagree, but he was far, far better than our current Captain Bunnypants embarrassment and the rest of the Cheney Administration. Who knew Dennis lurved Clinton so much?

  8. Jaim says:
    October 6, 2008 at 7:19 pm

    When Bush II talked big about “personal responsibility” back in 2000, I knew it was bullshit then. Dennis is the perfect example: Here we have a Republican president who’s saying _absolutely nothing_ as people’s retirement accounts go down the shitter, who oversaw massive deregulation of Wall Street that led to the current crisis, and here we have Denis the Conservative apparatchik who can’t put 2 and 2 together, so he blames Obama.

    Adults are taking back the White House come November. Thank the lord, since it’s the only way I’m ever moving back to the United States.

  9. Jaim says:
    October 6, 2008 at 7:20 pm

    Yeah. All that prosperity and job growth we had under Clinton during the 1990′s? That was actually because the world was looking forward to Bush II taking power.

    God. These people really are children.

  10. The Reality-Based Dave says:
    October 7, 2008 at 12:51 pm

    Dennis is wrong. The stock market is not diving in fear of Obama.
    That is SO stupid. Everyone knows the economy heading in the dumpster is the fault of the Clenis. Haven’t you guys (& gals) learned yet?
    Republican responsibility = Damn you Clenis!