To: John W
CNBC and Bloomberg networks are furiously peddling the fantasy that the stock market crash after the election is solely due to “the fiscal cliff” and that, of course, is the Republican’s fault....the TEA Party Republicans in particular.
Any sane observer knows that the stock market was going up before the election because investors thought Romney would win. The morning after the election, they took out their disappointment on the market, and it’s been in a swoon ever since. But the ObamaBots at the business networks will never admit that.
posted on 11/15/2012 11:38:09 AM PST
The way CNBC is peddling that crap not to blame Obama is beyond the point of ridiculous.
Anyone with any sense knows this is the *Obama Crash*.
The market was looking for a trigger and to give up hope, this was it.
Probably wouldn't have happened with a Romney win, would have been some hope, now there is none.
posted on 11/15/2012 11:47:54 AM PST
by The Cajun
(Sarah Palin, Mark Levin......Nuff said.)
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