Layoffs Send Wall Street Soaring - The Ring Of Fire

798 views · Published 20 July 2009 · 4:37 · Indexed 16 October 2026

Channel: The Ring of Fire · 2009 · News & Politics

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Wall Street always reacts positively to negative news.  This isn't a new phenomena, its how the system has always worked.  Still, the GOP is trying to say that the market's uptick and rising unemployment are signs that Obama is losing his grip on the economy.  Mike Papantonio of Air America's Ring of Fire appears on "Cavuto" to set the record straight.

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