Spinning the Economy at Fox

Well, they really know how to spin things over at Fox News.

Prior to the election, their business show (Your World with Neil Cavuto...the "king of business news," and the anchor of the "most watched business news show on the planet") claimed that if Kerry was elected, the markets would not do well. And if Bush was re-elected, we could see the best market ever! Now...the markets are not doing very well at all. Mr. Cavuto provides this insight:

[T]hese 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.

And when things were going well yesterday:

Not just the Vatican, it is enough to have even bitter traders rejoice, and today they did. Who's to say whether Pope Benedict XVI is responsible for the market stuff? Today though, who is really second guessing?

And now today (after the Dow dropped more than 100 points):

The Dow just teetering above that 10,000 level. What happens if we go below it? It would be the first time since October since we did. Would it be a big deal? Why not necessarily.

Good grief. I doubt serious investors pay any attention to this crap. Unfortunately, this is now the main source of news for much of America.