I've been meaning to post on this for a while now ...
Media Matters points us to one of the many lies that FOX tries to plant into the minds of their viewers on a regular basis. On The Live Desk, Trace Gallagher cherry-picked numbers from the Dow Jones industrial average and tried to use them in a way that would suggest that President Obama's address to the National Conference of State Legislatures had caused the Dow Jones average to drop. The problem is Trace can't add and subtract. Check it out. According to information posted on-screen on Fox News, the Dow actually went up slightly during Obama's speech.
Political scientists and psychologists have a simple term for this. It's called propaganda. It works especially well when you have a committed (i.e. "gullible") audience willing to dance to a Waltz of Lies, which FOX spews out on a regular basis.
Here are the facts. When President Obama began to speak the Dow stood at a little above 7,367. When he finished speaking the Dow stood at 7,370, plus change. Since most of you who follow this site aren't FOX News followers I don't have to do the math for you.
I wonder what Trace does when he gets into negative numbers. His head probably explodes.
- Mark
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