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So Does this Mean that America, Capitalism, and George W. Bush Have Failed?

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Larry Kudlow, July 17:

The big theme in today’s Dow crossing the 14,000 threshold for the first time is one of unprecedented global economic growth and a worldwide stock market boom. Simply put, this is the greatest global stock market boom in history.

What we are witnessing here, in virtually every corner of the globe, is the success and the spread of unbridled free market capitalism…. Despite the persistent doom and gloom refrain from various sourpuss prognosticators, it remains the greatest story never told.

And it’s not over yet.

And what’s more, this global stock market boom signifies a major defeat for al Qaeda and all the terrorist jihadists who seek to destroy capitalism and our way of life. The spread of prosperity across the globe cannot tell a lie: The terrorists are on the wrong side, they are on the losing side, and their side will be defeated. Freedom and capitalism is moving full steam ahead. It will ultimately crush the evil, totalitarian jihadists.

Despite all the criticism President Bush has received over his administration’s Iraq war policies, the stock market has been booming throughout the whole period from early 2003 onward. Markets are giving Bush’s steadfastness in the battle of Iraq and the world terror war a big thumbs up vote of confidence.

The Dow currently? 12632, down 228 points today12845! Down only 15! Freedom prevails in the late 4th quarter! and about 10%9% over the last month.

God, I hate it when my retirement fund and my niece’s college fund both go bust on the same day that freedom ends and Al Qaeda wins the Terrorist’s War on Us.

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