FOR IMMEDIATE RELEASE – OFFICE OF THE PRESS SECRETARY – EXECUTIVE BRANCH

« Previous News Item | HOME | Next News Item »

October 19, 2006

President's Statement on the Record-Breaking Close of the Dow Jones Plutocracy Index

THE PRESIDENT: "Today, for the very first time during my six long years as President, the Dow closed in record territory. And though the NASDAQ and S&P 500 are still well below their highs, this ultra-important milestone can and should convince folks that my economic policies have been 100% super-effective.

I would urge all middle-classed Americans, even if confused by their hopeless inability to escape crushing credit card debt – let alone afford college or health insurance – to join me in celebrating the fact that Wall Street traders can once again afford the very finest Italian penny loafers, Porsche convertibles and top-shelf trophy wife poontang."