View Full Version : Fox News just said the economy is great mortgages and the stock market are going up & the worst retail #'s in
TheHarbingerofMoralRectitude 10-01-2003, 07:47 PM 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.
FernO 10-04-2003, 06:16 AM Fox noise is just the mouthpiece of a dysfunctional administration.
clawdaddy314 10-06-2003, 04:44 PM 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!!!
Chainsaw1122 10-09-2003, 03:13 AM 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.
Lillian6705 10-11-2003, 01:42 PM 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.
DrJohnL9098 10-14-2003, 12:11 AM That's Rupert Murdoch speak. I guess he's doing great but the rest of us aren't
OSAMMYOBAMMY2 10-16-2003, 10:40 AM Fox news has some of the best Business heads in the business world, i will take their word over yours.
runandgun 10-18-2003, 09:08 PM it mean rupert murdoch wants u to support bush's economy
justsomechick 10-21-2003, 07:37 AM Even if it were true, going up from where we are would still be pretty bad.
Openyoureyes7014 10-23-2003, 06:06 PM 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.
Brian9459 10-26-2003, 04:35 AM 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..
Izzie 10-28-2003, 03:04 PM 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!!!
JeffM 10-31-2003, 01:32 AM There corporations that are trying to fool you are the main stream media corporations.
subwm4bush 11-02-2003, 12:01 PM Who cares about the liberal middle and working class!?!Let them eat CAKE.
SS4832 11-04-2003, 10:30 PM 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.
Obamasmokin 11-07-2003, 08:59 AM LINKS
yourway692003 11-09-2003, 07:28 PM anyone that even watches fox news needs to get a life they will always lie for bush
ideogenetic 11-12-2003, 05:56 AM 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.
JackieOh 11-14-2003, 04:25 PM 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.
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