Wednesday, July 01, 2009

Consumer Confidence CNN Crok

On June 30, 2009, CNN anchor Christing Romans did her best to brainwash the viewers.

She stated " We've seen a spring stock market rally that has been quite incredible! Job losses are slowing! Consumer confidence is improving! People are feeling a little better. They're feeling better because they're spending less. They're saving more money. They're getting back to basics. There's a new frugality that's making them feel better. "

Sounds awesome, doesn't it?

Except for one small detail. That same day, the Consumer Confidence Index fell significantly.

Too bad Ms Romans didn't actually get this news before she made a fool of herself.

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