More Sage Investment Advice -- Vote Democrat

Courtesy of The Invisible Hand of Idiocy by Devilstower Tue Oct 14, 2008 at 03:30:04 PM PDT:

Democrats fight for reasoned regulation of the markets using a consistent, fair framework. Republicans chaff at any restraint, sure that the market can be "self regulating." So how much data do you need to see which side is right? Since 1929, Republicans and Democrats have each controlled the presidency for nearly 40 years. ... As of Friday, a $10,000 investment in the S.& P. stock market index would have grown to $11,733 if invested under Republican presidents only ... Invested under Democratic presidents only, $10,000 would have grown to $300,671 at a compound rate of 8.9 percent over nearly 40 years. $1700 in growth under Republicans, $290,000 under Democrats. Even if you exclude the failure of the markets under Hoover, Democrats still come out with six times the results of the GOP.Of seven Republican presidents, three turned in negative results and the average rate of return was only 0.4%. Every Democratic president since 1929 has turned in a positive performance, with Bill Clinton setting the record at a 15.2% rate of growth.So the next time someone suggests to you that the market averages 6%, or 7%, or 8% growth over the long term, remember this caveat: only when Democrats are in charge.