CNNMoney.com Market Report – Aug. 15, 2007

As predicted when George Bush lowered taxes on the most wealthy and thus effectively increased the effect of tax and indirect tax on the average American; the share market is now diving to the levels its was at five years ago – when the Dow dips below 11,000 – it means that the confidence in the Bush presidency is not just low in the polls, but in the minds of investors. The economy is not growing, but the debts of the average American is out of control while investment in American industry and wealth creation falters.

Sad, but a real effect of betting on Texas snake oil.