The "Just Not Very Happy" Defense
Reported by Melanie - April 15, 2005
Here's how Neil Cavuto, the "king of business news," and the anchor of the "most watched business news show on the planet" ended Your World w/Neil Cavuto on Thursday afternoon (April 14, 2005):
"All right. That'll do it. We're going to be monitoring the market's open tomorrow and market activity for the day. All eyes, of course, will be on IBM, oh, a big premiere number that just came out less than the street thought and these days the street's in a, it's in a sour mood. It's just not very happy. We don't know why. But, we'll see tomorrow. News is next." (Emphasis added.)
Comment: The "king of business news" and the anchor of the "most watched business news show on the planet" doesn't know why the market's "not very happy"? I suggest it's "not very happy" because of our huge trade deficit, skyrocketing healthcare costs, rising interest rates, slow job growth, pension deficits, broke and exhausted "consumers," lagging corporate profits, high oil and gas prices, and an out-of-control military/war budget (to name but a few). Apparently Neil Cavuto's willing to shrug his shoulders and sacrifice his integrity in order to float the notion that what's happening on Wall Street is nothing more than a "sour mood." Never let it be said, of course, that the "sour mood" of the "not very happy" market has anything to do with GWB. We wouldn't want to upset "the base" now, would we?
