tag:blogger.com,1999:blog-7269993620761104727.post7936153816208172256..comments2023-11-03T03:30:46.909-04:00Comments on The ConservativeXpress: ACORN, MoveOn Join Forces To Pressure Blue Dog Democrats On Housing CrisisConservativeXpresshttp://www.blogger.com/profile/14639174320471804514noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-7269993620761104727.post-47353224719762996782009-03-12T22:46:00.000-04:002009-03-12T22:46:00.000-04:00From today's WSJ (hardly a liberal bastion)America...From today's WSJ (hardly a liberal bastion)<BR/><BR/>Americans See 18% of Wealth Vanish <BR/><BR/>The wealth of American families plunged nearly 18% in 2008, erasing years of sharp gains on housing and stocks and marking the biggest loss since the Federal Reserve began keeping track after World War II.<BR/><BR/>The decline in Americans' net worth, which was the first in six years, follows an extraordinary boom. Not accounting for inflation, household wealth more than doubled from 1990 to 2000, and then, after a pause, rose nearly 50% before the bust of 2008.<BR/><BR/>Gee, net worth doubled in the 1990's then rose only 50% before plunging...what is the difference, oh yeah, that is right, we had the Boy King in 2000!<BR/><BR/>Heckuva job, George.<BR/><BR/>http://online.wsj.com/article/SB123687371369308675.htmlUnknownhttps://www.blogger.com/profile/05690390019396901934noreply@blogger.com