capital and now he wanted to spend it. it is my style, that s what happened arch the 2000 election, i earned some capital. i earned capital in this election, and i m going to spend it for what i told the people i m going to spend it on. you ve heard the agenda, social security. the president did do a national road show about privatizing social security in 2005. he told the people how excited he was for the elderly to divert their social security checks to wall street. and while president bush was manifestly excited about that idea, the american people were not. the road show was a failure. the accumulated political capital dispersed, the american people did not move. and boy did that turn out to be handy. this is the s&p 500 index over the last five years. from about the time president bush was proposing we put people s social security checks in the stock market.
i earned capital in this election, and i m going to spend it for what i told the people i m going to spend it on. you ve heard the agenda, social security. the president did do a national road show about privatizing social security in 2005. he told the people how excited he was for the elderly to divert their social security checks to wall street. and while president bush was manifestly excited about that idea, the american people were not. the road show was a failure. the accumulated political capital dispersed, the american people did not move. and boy did that turn out to be handy. this is the s&p 500 index over the last five years. from about the time president bush was proposing we put people s social security checks in the stock market. if you retired under a privatized system like the one george w. bush was pushing in 2005, would you just have to hope not to need the retirement money in a year that looks like 2009.
capital and now he wanted to spend it. it is my style, that s what happened arch the 2000 election, i earned some capital. i earned capital in this election, and i m going to spend it for what i told the people i m going to spend it on. you ve heard the agenda, social security. the president did do a national road show about privatizing social security in 2005. he told the people how excited he was for the elderly to divert their social security checks to wall street. and while president bush was manifestly excited about that idea, the american people were not. the road show was a failure. the accumulated political capital dispersed, the american people did not move. and boy did that turn out to be handy. this is the s&p 500 index over the last five years. from about the time president bush was proposing we put people s social security checks in the stock market. if you retired under a privatized system like the one george w. bush was pushing in
the dow rose today 104 points closing at 11,123. s&p 500 index topped the 1200 mark for the first time in a year and a half. analysts attribute the surge to new reports showing the economy here in the united states is strengthening, and positive profit forecasts for jpmorgan chase and the computer chip maker, intel. among other things. president obama hosted congressional leaders from both parties today, to discuss proposals to regulate wall street institutions and protect taxpayers. but lawmakers quickly got into a fight over financial reform. listen to this it s a bill that actually guarantees future bailouts of wall street banks. in fact, if you look at it carefully, it will lead to endless taxpayer bailouts of wall street banks. by suggesting somehow that there s a bailout provision in this bill, nothing could be further from the truth.
it is forcing workers to manually issue tickets. the cause of the glitch has not yet been determined. southwest says passengers should arrive two hours earlier and print their boarding passes before coming. the markets as measured by the s&p 500 index are coming off of their best week of the year. earnings season gets under way this week with several big names expected to drive action on wall street. look for results from of america, citigroup and gte. an industry survey shows the national average fell half a cent to $2.34 a gallon down 52 cents since mid-june and more than 90 cents from a year ago. landlords of social security can expect in increase in benefits next year.