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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
 
Yukari Yakumo Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-20-08 06:10 PM
Original message
Congratulations W
Jan 20, 2001-
DOW was at 10,660.

Today-
The DOW tumbled by almost 450 points to close at 7,552.

In all likelihood, Obama will inherit a stock market that is in worse shape than when Bush II first took office.

Heckuva job, Georgie!
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glowing Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-20-08 06:14 PM
Response to Original message
1. I told my parents, they should have cashed in their 401k when it was around 14,000
and taken the tax penalty.. they'd be more ahead than they are now.. I think there are a whole mess of baby boomers freaking out. My mom said, "I'll never be able to retire, and as its going now, I won't even be able to move in with you guys, I'm still trying to help you out." 8yrs to ruin the country.
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bbinacan Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-20-08 06:27 PM
Response to Reply #1
2. Your parents could have
gone to cash within the 401k without a tax penalty.
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codjh9 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-20-08 09:10 PM
Response to Original message
3. Yeah, I should've cashed in everything a year ago too, but I foolishly listened to 'the experts'.
But yeah, on W, hey, you know it's all ... somehow ... Obama's fault, right? I'm sure the RW media is yelling that already...
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