Well, there's no doubt about it: This is
a Mark Haines Bullshlitters market.
.
Posted on 04/25/2007 1:41:49 PM PDT by BJungNan
NEW YORK (AP) -- It looks like a cause for celebration: The Dow Jones industrial average surged from 12,000 to 13,000 in just six months. But appearances can be deceiving, and there may be more reason to worry rather than rejoice about Wall Street's latest accomplishment.
Stronger-than-expected profits from several large companies helped push the stock market to historic heights. But
(Excerpt) Read more at biz.yahoo.com ...
You’re not being too harsh. The media is totally and completely in the service of the leftists. It exists for the explicit purpose of destroying capitalism and replacing it with socialism/communism.
11 seconds...hi-five
RR: Decade of Greed
Clinton: Peace and Prosperity
“Maybe I am being too harsh, but they just can not report good economic news during a Republican administration without putting their biased “buts” in.”
Yep.
Its how they avoid admitting economic conditions are better today then they were at any point in the previous decade.
Sorry Laz...I have to admit...I stole that one gold bar, because I have 5 kids that need a new playstation, and the SSI check is late again, and rent is due, and the new Chucky Cheese restaurant is behind schedule for completion because the illegal aliens that were building it were rounded up by the government and deported...
take a breath...
And...and...and...
Laz, you made my day with your post again...
Thanks...
It’s all Bush’s fault...
A big “but monkey” bump to the top
25 lb of gold is worth about $205,620. Hardly enough to retire on for 250 years, Laz. Don’t quit your day job.
.
Do you work for AP?
It is for sure the AP is not going to be able to put this genie back in the bottle.
But then - “Who are you gonna believe, me, or your lying eyes!”
oh it was way more nefarious during Clinton and Goldman Sacs and one Jon Corzine. CNBC would lie and inflate then excuse and explain the dot.com crap .
That is another reason the money honey Maria Bartoromo(sp)
can go to hell.
Lastly, what was Clinton’s approval ratings his whole presidency ?...............
-PJ
The Dow Average is not the best market measure. It is not weighted for market capitalization and it has only 30 stocks. And those 30 stocks are manipulated by constantly changing them. It was not that long ago the Dow had Bethlehem Steel and Woolworth as components. There are now NO steel companies in the Dow and maybe there shouldn’t be, but what a 13k Dow means is hard to say. S&P 500 has 500 companies and they are changed not so much for manipulation purposes but to reflect which the companies which are most valuable as measured by market cap. When the S&P hits an historic high, then market professionals will be impressed.
With very few exceptions, every newspaper in the country relies on the AP for its national and international coverage. Which means that the vast majority of Americans are dependent on these partisan liars for almost everything they know about national and international events. How can a self-governing people make sensible decisions when the major source of 'news' in the country is composed of one-sided political partisans who don't just slant the news, but who regularly stoop to lying and outright fabrication in pursuit of their propaganda objectives? |
Its amazing the PravdABDNC even reported this. Their motto is if Bush bleeds, it Leads.
Pray for W and Our Troops
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The extent to which the Associated Press — by which I mean virtually every single person who works there in a news-gathering, reporting, or editorial position — serves as a willfully dishonest propaganda organ for the liberal agenda is becoming one of the biggest dangers we face as a nation.