Back in May of 2008, everything was awesome. George W. Bush was the president, for example, and we were only a few months into the nationwide housing collapse that is still lingering today. And that was the last time the DJIA stock index of major U.S. companies touched 13,000.
Today, the magic of history was repeated, and the Dow again hit 13,000. Not everything is exactly the same, of course. But enough things are the same — endless wars in Afghanistan and other various Islamic countries, historical levels of income inequality, a rotting abscess at the very heart of the world’s dominant theology of capitalist welfare — to make the most fortunate people in America believe things will “stay the course.”
And for that, Barack Obama will be re-elected in November, the end. [MSNBC]Related