Ten years on the Dow - a lost decade?

The graph below shows the "growth" of the Dow over the past ten years. You'll note we're back to where we started.


(From CNBC.com)

This is quite a statement about the bad policies on Wall Street and in Washington. Lots of commission money has been made pushing whatever it is that Wall Street was selling, but to be back where we were ten years ago is shocking. It's hard to imagine anyone (John McCain and the Republicans) wanting to move their Social Security retirement money into such a market when you look at this picture. You'd be quite literally back to where you were ten years ago - ten years of gains, ten years closer to retirement, wiped out.

For the sake of all Americans, we need a Wall Street that is productive for investors and business. In recent years it's only been about a few people profiting and the rest being stuck with the bill. Where this market is going is anyone's guess.