Shh! The DOW Will Improve When Underlying Economic Numbers Improve - Pass It On

[Median Democrat]

Here is the great secret that Jim Cramer, Fox News, WSJ and the rest of the mainstream media are hiding as they blame the latest market swings on Obama less than two months into his Presidency. Regardless of his policies pronouncements or speeches, the DOW likely will not rebound until we hit some bottom on the underlying economic indicators like unemployment or retail sales. The numbers continue to be horrible, particulaly the last quater of 2008 (BEFORE OBAMA TOOK OFFICE), and the DOW is plunging.

Yet, the financial media types ignore the underlying econmic data, and suggest that Obama's (yet to be implemented) policies are causing the DOW to drop while arguing in the same breath that government action cannot help the economy.

If there was any doubt that the media has a corporate bias toward the top 1 percent, this is it.