Birthday Persinowitz! asked:
years is a lagging indicator maning it doesn’t count. So does this mean we have nothing to worry about or does it mean some corporation is trying to fool us?
Other stations called the small rise after the big decline in the market as a “Dead Cat Bounce”
Other stations contradict Fox and say there is a huge decline in mortgages.
The retail number were the worst seen in 40 years.
years is a lagging indicator maning it doesn’t count. So does this mean we have nothing to worry about or does it mean some corporation is trying to fool us?
Other stations called the small rise after the big decline in the market as a “Dead Cat Bounce”
Other stations contradict Fox and say there is a huge decline in mortgages.
The retail number were the worst seen in 40 years.
January 18th, 2009 at 01:33
Fox noise is just the mouthpiece of a dysfunctional administration.
January 20th, 2009 at 14:27
Hide your cash under mattress in fear of the big bad corporation, but i’ll be investing if that’s ok with you.
Then you can be begging the governmnet for health care and i’ll be buying my own!!!
January 22nd, 2009 at 02:03
We have a lot to worry about.
1. The Fed continues to drop interest rates and that is the worst thing it can do.
2. Our dollar is worthless.
3. Government spends too much.
4. We are over taxed.
5. Every time there is an economic problem, the government gets involved and makes it worse.
These are much longer term issues, but Fox is not entirely correct.
January 25th, 2009 at 00:07
It just means we are going through a hiccup in the economy as we do every few years. Just be cool and you’ll be fine.
January 26th, 2009 at 23:26
That’s Rupert Murdoch speak. I guess he’s doing great but the rest of us aren’t
January 30th, 2009 at 10:26
Fox news has some of the best Business heads in the business world, i will take their word over yours.
January 30th, 2009 at 16:26
it mean rupert murdoch wants u to support bush’s economy
January 31st, 2009 at 11:12
Even if it were true, going up from where we are would still be pretty bad.
February 2nd, 2009 at 04:20
Depends on how many braincells you have. If you watch fox news and believe it is anything other than entertainment, then you can count yours on one hand.
February 3rd, 2009 at 15:55
I wouldn’t say poor retail numbers don’t count but they are a lagging indicator. If stocks remain strong and new mortgages remain strong then retain sales should improve. Slow retail sales is usually more indicative of consumer unease and as confidence rises so will sales..
February 4th, 2009 at 10:41
It means that fox works for the current government, so they really need to keep the population quiet…at least until the poor next president…who will inherit all the mess!!!
This is only make believe…
Just think about this…THE EURO IS BEING ACCEPTED NOW …NOT AT ANY OF THE BORDERS, BUT MANHATTAN!!!
February 5th, 2009 at 22:24
There corporations that are trying to fool you are the main stream media corporations.
February 7th, 2009 at 04:50
Who cares about the liberal middle and working class!?!
Let them eat CAKE.
February 10th, 2009 at 15:52
Fox News says a lot of things. So does George Bush. They usually agree with each other.
If you watch CNN or BBC the most neutral (and they still aren’t completely neutral) or any other news company from anywhere in the world with economic analysts…they will tell you America is basically in a RECESSION. The US just hasn’t labeled it one yet.
But then again, I’m no economist myself.
February 15th, 2009 at 16:08
anyone that even watches fox news needs to get a life they will always lie for bush
February 16th, 2009 at 13:49
FOX News always tries to shape American psychology on foreign and domestic policy in ways that are detrimental to the United States in the long run. Their news division is a Big Brother nightmare come true.
Our financial system is imploding. The FED doesn’t know how to stop it. The only thing that has saved Wall Street so far is massive injections of cash from foreign governments in the Middle East and the Far East. The government of Spain stopped theirs from imploding with regulations years ago (story in the Financial Times, the Spanish authorities required 8% reserves on any SIV’s, i.e. structured investment vehicles, so none of those risky vehicles were created), regulations the FED should’ve also imposed but didn’t. Unfortunately, free-market fundamentalists haven’t learned any lessons from their mistakes for over 200 years.
February 18th, 2009 at 01:02
All you need to do is look at the DOLLAR to get an indication of our economy. Right now the Euro is worth $1.45 to our dollar, that is significant and scary.