Would someone please explain the CNBC lunatic's

[malaise]

comments that the market is up because Obama will extend the Bush tax cuts. WTF is going on???

[ananda]

1. The market IS up.

nt

[Subdivisions]

2. They've been pounding that one home all day long. n/t

[tridim]

3. Financials are WAY up.

TBTF banks are having a field day thanks to the CoC. They know they're safe to continue their fraud.

[sharp_stick]

4. The market is up because of the Fed

action earlier today. CNBC and their shills however are not bound to report the truth as it is only the truth as they see it.

Every time the market dropped by 6 or 7 points early in Obama's Presidency it was a referendum on Obama, when it climbed it's way back up over 11,000 they shut up pretty damned fast.

[The Wielding Truth]

5. Ding! Ding! Ding! Ding!

[JoePhilly]

7. I find it AMAZING that the right claims Obama hates business ...

given that the DOW has gone from 7500, to around 11,200 or so, in under 2 years.

They are the worst liars ... and yet if you repeat the LIE often enough, the low information voter falls for it.

[Warpy]

8. Dollar up, market down; dollar down, market up

That's been the pattern for over a year now. The buck has fallen by an astonishing 10% against the Euro in the last 6 months. That's why the Dow is over 11,000, investment in US equities is a bargain if you hold stronger foreign currency.

[malaise]

10. Hacks will be hacks

They invent stuff.

[Turbineguy]

6. Fox pays better

(I guess) and they want to move.

Bloomberg is better. They are conservatives but they're not smarmy about it.

[GearHeadTheStalker]

9. It has nothing to do with the tax cuts

It has everything to do with the newly elected RepubliKKKans protecting the fraudsters on Wall Street while the Teabaggers distract the public from these crimes with their pogroms against gays and minorities.

[lamp_shade]

11. " Federal Reserve's latest effort to stimulate the struggling economy. " > >

http://www.marketwatch.com/story/us-stocks-surge-djia-returns-to-pre-lehman-level-2010-11-04

[malaise]

12. I think you're right but why are they suggesting that

he agreed to the tax cuts for the rich. He did not.

[lamp_shade]

13. You and I and the vast majority of DUers know that. There's a pack of

disruptors here today having some fun with the "extend tax cut" issue. Ignore them.