That evil genius, Karl Rove, has done it again. First, he pursuaded President Bush's pals in the Big Oil companies to lower gas prices in the fall, to try to win hearts to the Republican party.
Now he's engineered another financial coup, just in time for the election. The AP reported today on the latest historic milestone.
The Dow Jones industrial average swept past 12,000 for the first time Wednesday, extending its march into record territory as investors grow increasingly optimistic about corporate earnings and the economy.
The index of 30 big-name stocks surpassed the milestone just after trading began, rising as high as 12,049.51. The Dow had already set closing records seven times during the past two weeks.
Anyone with half a brain (the Bush Derangement Syndrome sufferers) can see that this is nothing more than a politically driven October Surprise, a nefarious plot to change the focus away from the horrible economy caused by Bush's oppressive tax cuts for the rich. Instead, Rove has convinced the Bush cronies on Wall Street to manipulate stock prices into a false high, in order to save Republican butts in the November election. There's no other explanation.
Don't forget: It's the economy, stupid.
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