{"id":1423,"date":"2009-10-14T18:36:13","date_gmt":"2009-10-15T01:36:13","guid":{"rendered":"http:\/\/www.newscorpse.com\/ncWP\/?p=1423"},"modified":"2009-10-14T18:36:13","modified_gmt":"2009-10-15T01:36:13","slug":"the-fox-frame-obamas-stock-market-voodoo","status":"publish","type":"post","link":"https:\/\/www.newscorpse.com\/ncWP\/?p=1423","title":{"rendered":"The Fox Frame: Obama&#8217;s Stock Market Voodoo"},"content":{"rendered":"<p>After months of turmoil, the stock market has clawed its way back to levels that haven&#8217;t been seen for a year. Passing the 10,000 mark would ordinarily be perceived as good news by most market analysts and millions of investors, many of whom are relying on market performance for their future security and retirement.<\/p>\n<p>But Fox News, the network that celebrates America losing the Olympics, and laments the President being honored with a Nobel Peace Prize, sees things differently.<\/p>\n<p><img decoding=\"async\" src=\"\/Pix\/Caps\/obama-bear.jpg\" align=\"left\" hspace=\"10\"\/>Last March, Fox News was the first to report that a declining Dow was unambiguously the fault of Obama, who had been in office for a little more than a month.<\/p>\n<p>Fox declared the declines <em>&#8220;Obama&#8217;s Bear Market.&#8221;<\/em> They illustrated their coverage with colorful charts highlighting the foreboding financial trends that were about to sink all future hopes of America.<\/p>\n<p>Unfortunately for Fox, later the same month the market began what would become an unprecedented turnaround. It would rise 21% in 16 days &#8211; a feat that has not been recorded in modern stock market history<\/p>\n<p><img decoding=\"async\" src=\"\/Pix\/Caps\/tea-party-rally.jpg\" align=\"left\" hspace=\"10\"\/>Undaunted, Fox came up with a unique explanation for why Wall Street would suddenly seem to be reacting positively to a Muslim, communist, alien president. <a href=\"http:\/\/www.newscorpse.com\/ncWP\/?p=1246\" target=\"_blank\">It was the Tea Parties<\/a>:<\/p>\n<p><span style=\"color:#0d00d0;\">&#8220;Call it a tea party rally. Wall Street&#8217;s sure partying, up six weeks in a row. The bulls came out about the same time these guys started to shout.&#8221;<\/span><\/p>\n<p>In April the market continued its winning ways. This led Fox News to seek a new excuse for good fortune that was clearly driving them nuts. I mean, nothing positive could possibly be attributed to this president, so there must be another explanation. They hit on the notion of a <a href=\"http:\/\/www.newscorpse.com\/ncWP\/?p=1230\" target=\"_blank\">bear market rally<\/a>, which they then turned into a persistent talking point.<\/p>\n<p><img decoding=\"async\" src=\"\/Pix\/Caps\/cavuto-bush-recovery.jpg\" align=\"left\" hspace=\"10\"\/>And capping off the Fox News campaign to deny Obama any credit for the still advancing market, having now risen about 40% in seven months, Fox has raised the stakes and brought in their <em>&#8220;A&#8221;<\/em> game. They are now, in all seriousness, proposing that what we are seeing here are the effects of the Bush recovery.<\/p>\n<p>The same folks who were insisting that Obama was responsible for every negative occurrence &#8211; from suicide bombings in Islamabad to pimples on teenagers &#8211; from the day after his illegitimate inauguration, now assert that Bush, from whom financial duties were stripped when the economy went south in August of 2008, that Bush somehow deserves recognition for his role in the market comeback.<\/p>\n<p>To summarize, if something bad happens it doesn&#8217;t matter how early in his term it is, Obama is the owner and the cause of it. If something good happens it wouldn&#8217;t matter if it were the middle of his second term, he is merely a lucky bystander. It was probably something Reagan did thirty years ago.<\/p>\n<p>Are even Fox News viewers stupid enough to fall for this? Please tell me they aren&#8217;t.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>After months of turmoil, the stock market has clawed its way back to levels that haven&#8217;t been seen for a year. Passing the 10,000 mark would ordinarily be perceived as good news by most market analysts and millions of investors, many of whom are relying on market performance for their future security and retirement. But [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[219,1],"tags":[183,33,135],"class_list":["post-1423","post","type-post","status-publish","format-standard","hentry","category-economy","category-general","tag-barack-obama","tag-fox-news","tag-neil-cavuto"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p4Ijg-mX","jetpack-related-posts":[{"id":5375,"url":"https:\/\/www.newscorpse.com\/ncWP\/?p=5375","url_meta":{"origin":1423,"position":0},"title":"Fox Nation vs. Reality: On Obama&#8217;s Stock Market Voodoo","author":"Mark NC","date":"9\/9\/2011","format":false,"excerpt":"It's hard to believe that the Fox Nation web site is published by an organization that considers itself a news enterprise. Anyone who takes the site seriously is gravely in danger of becoming irreversibly idiotized. For example, this morning the Fox Nationalists posted this item declaring that \"Stocks Tumble Worldwide\u2026","rel":"","context":"In &quot;General&quot;","block_context":{"text":"General","link":"https:\/\/www.newscorpse.com\/ncWP\/?cat=1"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1230,"url":"https:\/\/www.newscorpse.com\/ncWP\/?p=1230","url_meta":{"origin":1423,"position":1},"title":"Fox News Is Heavily Invested In A Bear Market Rally","author":"Mark NC","date":"3\/27\/2009","format":false,"excerpt":"From March 10, 2009 to March 26, 2009, the Dow Jones has advanced 1,377 points. That's a 21% increase in 16 days - a feat that has not been recorded in modern stock market history. Yet despite the right-wing howling over weak market performance since President Obama's inauguration two months\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/www.newscorpse.com\/ncWP\/?cat=219"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8150,"url":"https:\/\/www.newscorpse.com\/ncWP\/?p=8150","url_meta":{"origin":1423,"position":2},"title":"Pure Idiocy From Fox News On The Stock Market","author":"Mark NC","date":"10\/5\/2012","format":false,"excerpt":"OK, just about anyone with a functioning brain already knows that Fox News is a biased player working on behalf of the GOP. But their analysis of financial matters and stock market activity is not just biased, but astonishingly stupid. Yesterday on Fox Nation they posted this \"news\" item: Romney\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/www.newscorpse.com\/ncWP\/?cat=219"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7458,"url":"https:\/\/www.newscorpse.com\/ncWP\/?p=7458","url_meta":{"origin":1423,"position":3},"title":"Fox Nation In Feverish Panic To Digest News That Obamacare Is Constitutional","author":"Mark NC","date":"6\/28\/2012","format":false,"excerpt":"For the past several months, Fox News has been been struggling mightily to dismiss the Affordable Care Act (aka Obamacare) as a blatant overreach of congressional and executive power. They have characterized it as a job-killing, deficit-raising, breach of constitutional law. They attempted to belittle President Obama, whose background as\u2026","rel":"","context":"In &quot;General&quot;","block_context":{"text":"General","link":"https:\/\/www.newscorpse.com\/ncWP\/?cat=1"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":35831,"url":"https:\/\/www.newscorpse.com\/ncWP\/?p=35831","url_meta":{"origin":1423,"position":4},"title":"Twitter Scorches Fox News and Trump for Taking Credit for Obama&#8217;s Economy","author":"Mark NC","date":"10\/6\/2017","format":false,"excerpt":"The big economic news on Friday was that 33,000 jobs were lost in September. It was the first time in seven years that the jobs numbers went negative. Most reports were quick to cite the rash of hurricanes that plagued the nation in recent weeks. However, the job growth statistics\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/www.newscorpse.com\/ncWP\/?cat=219"},"img":{"alt_text":"Donald Trump economy","src":"https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/thanks-obama-econ.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/thanks-obama-econ.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/thanks-obama-econ.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":36737,"url":"https:\/\/www.newscorpse.com\/ncWP\/?p=36737","url_meta":{"origin":1423,"position":5},"title":"Trump&#8217;s Pitiful Ignorance of the Stock Market is Going to Bite Him Right in His &#8216;Sh*thole Country&#8217;","author":"Mark NC","date":"1\/13\/2018","format":false,"excerpt":"One of Donald Trump's favorite pastimes is exalting himself and his deranged belief in his omnipotent awesomeness. He is constantly bragging that he is the best at whatever is occupying his cartoon brain at the moment, and he thinks he knows more about everything than anyone else. It's symptomatic of\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/www.newscorpse.com\/ncWP\/?cat=219"},"img":{"alt_text":"Donald Trump","src":"https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/trump-tweet-stocks.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/trump-tweet-stocks.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/trump-tweet-stocks.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=\/wp\/v2\/posts\/1423","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1423"}],"version-history":[{"count":0,"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=\/wp\/v2\/posts\/1423\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1423"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1423"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1423"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}