Tuesday, September 30, 2008

HOGWASH

This morning Fox News and other outlets are reporting that the financial markets lost over a trillion dollars overnight.

Utter nonsense. To borrow a phrase from Mike Baker, "What a load of crap!"

The market didn't lose a damn dime. I did. You did. Anyone who has a pension, retirement savings account, mutual fund, or a few stocks and bonds did.

Memo to the media: report the facts.

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