Every time I look at the financial websites like finance.google.com, I see headlines that appear to give insight on why the markets are acting the way they do. But I’ve noticed something recently that really makes me pissed–every time the market goes up, journalists attribute it to Obama and the socialist programs of the COngress. However, every time the market goes down (like today), you get articles blaming housing woes or unemployment numbers. People- things haven’t changed much since yesterday! Traders are trading down today – not because they conveniently forgot about the impending American communist state but because they are profit-taking- something that has happened since the beginning of the stock market.
This journalistic bias is disgusting and leading us to the trough of stagnation. I sure don’t want to be around we when get there!