Fox News - Last Weeks' Rise In The DOW Was Due To Tea Parties - Tea Party Rally

[Median Democrat]

I guess we now have a way to explain away any increases in the DOW. When the DOW falls, its the Obama bear market. When the DOW rises, its a tea party rally. Now, rince and repeat 1000 times, and maybe the Republicans will win back Congress in 2010. My take is why don't we just simply declare Rupert Murdoch president already?

http://mediamatters.org/items/200904180004?f=h_top

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Six weeks after saying that "some are calling" the Dow Jones industrial average's then-downward trend President Obama's "bear market," and asking, "Is it?" host Brenda Buttner introduced the April 18 edition of Fox News' Bulls & Bears by saying: "Call it a tea party rally. Wall Street's sure partying, up six weeks in a row. The bulls came out about the same time these guys started to shout, saying no to big government, big taxes, and big bailouts. Will that keep investors saying yes to stocks?" Buttner went on to ask the show's panel: "After months on its back, the market comes back the same time Americans fight back against big government. Is that a coincidence?" During the segment, Fox News on-screen text read: "Stocks Rally As 'Tea Party' Rallies Take Nation By Storm" and "Stocks Rally As 'Tea Parties' Catch Fire; Coincidence?" Buttner was not alone in suggesting that Obama was responsible for the stock market's poor performance even though the Dow Jones average was on a downward trajectory months before his inauguration; indeed, several of Buttner's Fox News colleagues referred to an "Obama bear market" in early March.

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