Here are some comments from Don Harrold at StockPickGurus.com. I think you enjoy his "in your face" approach as he talks about Wall Street "spin machine".
Wall Street wants you to open up and swallow a string of "coincidences" about the recent "rally". The charlatans on CNBC want you to stay glued to the hype-machine to have your brain blasted with more "non news" so they can sell more ad space. The "system" wants you to remain in debt, in fear, and chained to bad investing decisions.
I almost spit my lunch out when I turned on CNBC to see their team of knuckleheads "debate" today's market sell off. It's HILARIOUS to watch these shills backtrack, equivocate, and make excuses.
If ever there was a case for TIVO, it's to "TIVO" CNBC during the day and then watch it later, AFTER the close. It's HEE-LAIR-EE-USS!
They want you to believe ("they", being CNBC et al) that the market fell today because of the Democrat-controlled congress. They want you to believe the rise in oil prices is because of a "surprise" shortfall in gasonline supply. They want you to believe that the US economy kicks ass when homebuilders today said they see "no end in sight" for the housing decline.
RIGHT.
Right! These are the same shills (CNBC et al) that told you the "rally" was REAL because the "market" had "priced in" the probable Democrat win. These are the same liars who told you that we had a HUGE surplus before the election. These are the same doublespeakers (new word?) who said the housing market was at a bottom MONTHS ago.
Uh, right.
Don Harrold
