Media: Up Markets Caused By Obama, Down Markets Caused By Bush

Ace of Spades notes that the media is full of ObamaPraise, even unto the stock market's actions. Market up? Obama is the cause. Market down? Bush's fault.

The Lightworker is truly a remarkable fellow. As that second Newsbusters link notes, the markets have experienced the greatest post-election sell-off in history, and a loss in the DOW of 1,100 points since his election.

But he's not responsible for any of that of course -- only the upticks get credited to him. Even when the genera trajectory is down.

Down 450 points? That's the Bush recession. Up 200 points? That's the Obama effect. Down again 600 points? Bush. Up 150? Lightworker.

Of course the main reason the markets perked at all was the Citigroup bailout. The market always goes up on news of a bailout (and then down in the next several days). The effect is not a persistent one. But there is an effect... and as far as I know it's still the Bush Administration making calls on bailouts.

The Dow just dropped another 680 points, the 4th biggest drop on record.

The Dow just dropped another 680 points, the 4th biggest drop on record.

Worst President-Elect EVER!!!

Hmmmm.... Bush recession or Obama Effect? So hard to tell, huh?

In related news, the sun will disappear from the skies tonight, smothering the world with darkness and cold. Bush's fault.

Have no fear, however: At approximately 6:42 ET (check your local weather stations), Obama shall make it rise once more. He says he'll make it rise in the east, as a special bonus to those Northeastern states that voted for him so solidly.