The RNC, McCain, and the superstitious denialists crowing about mystic markets, promoting corporate welfare and lazy government, used the 2008 election season to urge privatization of social security and medicare. Operated by listed firms, they said their ‘free market’ is the answer.
The S&P 500 is down 39.22% from Dec. 31, 1999 through Monday’s close, the worst decade ever.