HuffPo - "The "Obama Bear Market" and Other Tales of Cable News Insanity"

[TomCADem]

Aren't you glad you took Jim Cramer's advice and dropped out of the market in March and put all your money in cash in order to avoid the Obama Bear Market?

:sarcasm:

http://www.huffingtonpost.com/bob-cesca/the-obama-bear-market-and_b_174119.html

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A similar process created the "Obama Bear Market" story: one of the most flagrant displays of intellectual dishonesty in the history of MSNBC.

It began with Hannity, Limbaugh and Beck and it crossed the osmotic cable news network barrier to MSNBC with a nudge from sister-station CNBC and accompanied by the familiar "some are saying" pretense. But then, like always, the pretense was abandoned and the story became accompanied by an on-screen graphic showing the Dow Jones Industrial Average since Election Day:

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Help! Barack Obama has absolutely destroyed the stock market! Even before he was he was president, he was ruining it for everyone! Somehow. Why does Barack Obama hate America?

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