The on-going meltdown on Wall Street may have jogged the memories of more than a few investors about all those heady predictions, only a few years back, of a soaring stock market in the 21st century. For example, this bestseller from 1999:
Makes you kinda wonder what ever happened to the financial geniuses who wrote this tripe. Well... let me help with that:
James K. Glassman is now a senior State Department official in the Bush administration. He has the job previously held by long-time Bush buddy from Texas, Karen Hughes. Sweet, huh?
But wait, it gets better:
Kevin A. Hassett is now a senior economic advisor to the McCain campaign! Now that explains a lot.
You just couldn't make this stuff up.
h/t: PamsHouseblend
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