Hewitt: Romney's loss real reason for stock dip

An unorthodox theory from a diehard Mitt Romney supporter.

By Alex Koppelman
January 5, 2008 4:53AM (UTC)
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Remember when we told you earlier that the markets had dropped on the news of a bad monthly jobs report? And remember before that, when we told you that conservative radio host, blogger and columnist Hugh Hewitt is an unabashed propagandist for Mitt Romney? Well, we didn't quite expect the level of synergy between those topics -- nor the level of shamelessness -- we'd see this afternoon.

In a post on his blog, Hewitt offers an alternative theory for the markets' trouble. "The market is tanking, allegedly because of the jobs report, with the Dow down 244 and the NASDAQ off 92 (3.5%) at this writing," Hewitt writes. (And damn that liberal media with their alleged theories, are we right?) Then he asks: "How much of the decline is due to the investor class rejecting the idea that any good news comes out of either Obama-McCain or Obama-Huckabee?"


We won't be taking investing advice from Hewitt anytime soon, but we guess you still have to give him points for trying.

Alex Koppelman

Alex Koppelman is a staff writer for Salon.

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