In case you weren't aware, the Stock Market, according to the wizards on Bulls and Bears dropped a bit (0.7%) in December. Therefore, the whole year was bad. Add that onto the fact that the major Oil Stocks dropped anywhere from 13-15% and the sky is most assuredly falling. The reason for all this negativity? Terrorism! Duh. Paris, the Russian plane over Egypt, San Bernardino, that's creating a panic.
Poor Jehmu Greene, the sole voice of sanity today. She mentions the low unemployment, all the months of positive private sector job growth, but the rest of the yakkers had no use for her facts. This crew was hell bent on blaming the Kenyan Usurper in the White House for all of our woes.
The screen flashed the winners and losers of 2015, one of the biggest was Amazon.com, with a stock increase of 108%. Chesapeake Energy dropped 77%, but we all know that oil will go up, as it always does. Ex-WWE Wrestler John Layfield brought up the food stamp usage, not mentioning where that spiked, thanks to the Bush Administration. The 'vacuum of leadership in Warshington D.C.' is the reason for that, in case you missed it.
Gary Kaltbaum, a Fox Business 'expert,' with an stock predicting-accuracy track record of just over 50%, is absolutely convinced that some of the retail stocks have gone down exclusively due to terrorism. We just need to get rid of some of the bad guys, and then our recovering economy will begin to recover, you know, like it did in 2008. See? If we get another 'San Bernardino' we'll never recover. Because the SB terrorism incident was roughly the same magnitude as 9/11. But G.W. Bush was president, so, as far as Gary B. Smith was concerned, we all felt safer when he was president. Layfield tried to reassert his theory regarding a leadership vacuum in Warshington D.C. as the reason
'we are just letting the world happen, we are not leading.'
The solution? We need to go back to the invade, occupy and destroy the economy cycle of the Bush Administration. Then things will be better than they are now, never mind that there's a marked improvement over all metrics, but still. The Black President couldn't possibly do anything good. He's just the economic babysitter-in-chief, dontcha know?
