Stock Market

New ‘Assault' Movie Depicts Massacre of Wall Street Employees
By Liz Thatcher | May 14, 2013 | 1:21 PM EDT

“Assault on Wall Street,” directed by Uwe Boll and starring Dominic Purcell, takes the liberal agenda to a whole new level. Every possible liberal ideal – anti-gun, anti-capitalism, the evils of health insurance companies, crazy gun supporters – is depicted in this 1 hour and 39 minute movie, which was released on May 10 in limited theaters and on Amazon instant video.

Within the first ten minutes, viewers were introduced to evil Wall Street executive Jeremy Stancroft (John Heard) saying, “Our responsibility begins and ends with our partners and shareholders and that is it.”

NPR Coos Over 'Creating Passionate Environmentalists' To Pressure Colleges to Dump Coal Stocks
By Tim Graham | May 10, 2013 | 7:56 PM EDT

Today’s proof that National Public Radio is your taxpayer-funded rip-and-read press-release service for the Left: a Morning Edition story summarized as “College Divestment Campaigns Creating Passionate Environmentalists.”

Reporter Elizabeth Shogren compared Brown University's anti-coal campaign to anti-apartheid campaigns of the 1980s: “Students at more than 300 colleges in the United States are asking their school's endowment fund to distance themselves from any coal-producing companies.” NPR’s chasing after Rolling Stone and The Nation magazine in promoting the fight to stop "climate change" from baking Earth:

MSNBC: Stocks Didn't Really Hit An All-Time High Today
By Noel Sheppard | March 5, 2013 | 6:51 PM EST

The Dow Jones Industrial Average hit an all-time high on Tuesday.

But you wouldn't know that if you watched MSNBC's Hardball where two guests actually made the case that this really isn't an all-time high due to inflation (video follows with transcribed highlights and commentary):

Krugman: Quoting What I Said in the Past Is an Ad Hominem Attack
By Noel Sheppard | March 5, 2013 | 10:25 AM EST

New York Times columnist Paul Krugman and MSNBC's Joe Scarborough had an at times heated discussion about budget deficits, debt, and the economy on PBS's Charlie Rose Monday evening.

At one point Krugman got so rattled by the facts that he actually said Scarborough quoting what he had said in the past was making an ad hominem attack against him (video follows with transcript and commentary):

Bartiromo on Sequester Panic: 'Wall Street Seeing This As Scare Tactics,' Stocks 'Near Record Highs'
By Noel Sheppard | February 24, 2013 | 3:00 PM EST

CNBC's Maria Bartiromo made a statement Sunday about all of the fearmongering concerning the looming budget sequester that people on both sides of the aisle should pay attention to.

Appearing on NBC's Meet the Press, Bartiromo said, "I think Wall Street is seeing this as scare tactics because if the market really believed that the economy was going to be paralyzed on March 1 we would not be trading near record highs" (video follows with transcript and commentary):

HuffPo Shocker: ‘President Clinton's Policies Sent the Economy Seriously Off Course’
By Noel Sheppard | December 26, 2012 | 8:26 AM EST

Here’s something I bet you thought you’d never see at the perilously liberal Huffington Post.

In a Dean Baker article published Tuesday with the astonishing title “There Is No Santa Claus and Bill Clinton Was Not an Economic Savior,” the second sentence read, “Just as little kids have to come to grips with the fact that there is no Santa Claus, it is necessary for millions of liberals, including many who think of themselves as highly knowledgeable about economic matters, to realize that President Clinton's policies sent the economy seriously off course.”

Newt Gingrich Schools Lawrence O'Donnell On Clinton Tax Hikes
By Noel Sheppard | December 9, 2012 | 4:33 PM EST

Former Speaker of the House Newt Gingrich on Sunday gave Lawrence O'Donnell a much-needed education on the economic impact of the Bill Clinton tax hikes in the '90s.

As O'Donnell precipitated the exchange, he perfectly demonstrated why MSNBC commentators are far too liberally biased to be invited on NBC's Meet the Press (video follows with transcript and commentary):

Ed Asner Narrates ‘Tax the Rich: An Animated Fairy Tale’
By Noel Sheppard | December 5, 2012 | 9:29 AM EST

Actor and activist Ed Asner is the narrator of a new video called “Tax the Rich: An Animated Fairy Tale.”

It was produced by the California Federation of Teachers (video follows with transcribed highlights and commentary):

WaPo Buries Corzine's Financial Malfeasance to A18
By Matt Vespa | November 15, 2012 | 6:10 PM EST

A congressional investigation into a failed venture capital firm run by a prominent former governor has faulted said governor for the debacle, which famously lost some billions in investor funds which, to this day, have not been accounted for.

No, it wasn’t Mitt Romney – it was former Democratic Governor of New Jersey Jon Corzine.  One mystery that plagues this investigation is Mr. Corzine’s David Copperfield act that wiped $1.6 billion from MF Global’s client fund, which occurred days before the whole firm crumbled.  Dina ElBoghdady of The Washington Post reported in the November 15 paper about this episode in financial malfeasance that cost people their jobs, and their savings – but it wasn’t too important for the paper's editors, who buried the item on page A18.

Stocks Tank After Obama Press Conference
By Noel Sheppard | November 14, 2012 | 5:22 PM EST

Investors were clearly displeased with Barack Obama's comments Wednesday about raising taxes on the top two percent of wage earners.

In fact, stocks began to drop during the President's press conference, and then tanked once he was done (chart courtesy BigCharts.com).

CNBC's Cramer Forecasts Recession by Christmas if Fiscal Cliff Not Resolved
By Liz Thatcher | November 12, 2012 | 5:26 PM EST

CNBC’s Jim Cramer predicted a possible recession by Christmas if lawmakers didn’t step up and make some sort of deal in regards to the looming fiscal cliff. His prediction came during an Nov. 11 appearance on NBC’s “Meet the Press.”

“We can gift wrap a recession by Christmas. We can set it right into place without some agreement,” Cramer told “Meet the Press” host David Gregory. He attributed that week’s stock market drop to that same lack of certainty.

AP Explains Week's Market Decline Which Began on Wednesday as Entirely Due to 'Fiscal Cliff'
By Tom Blumer | November 9, 2012 | 11:34 PM EST

Those in the press who claim to completely understand why stock market indices containing 30, 500, or thousands of individual companies went up or down on any given day are at best theorizing and at worst dissembling. The way the press handled this week's decline by blaming it all on the "fiscal cliff," as if it only became relevant on Wednesday morning, definitely fits in the latter category. Leading the pack, as usual, was the Associated Press, aka the Administration's Press.

The Dow, S&P 500, and Nasdaq all advanced modestly on Monday and Tuesday, fell sharply beginning with Wednesday's opening bell through the end of Thursday before recovering a tiny bit on Friday. But if one is to believe the AP's Steve Rothwell, the large tax increases facing the U.S. on January 1 explain the entire week's results, even though the declines didn't begin until this little thing called a presidential election was concluded on Tuesday evening after a Monday and Tuesday when no one really knew which candidate would win: