"If you want to see the Dow go up bomb Iran"

[LiviaOlivia]

Tue, Jun 6, 2006 5:40pm EST
Cavuto guest Hoenig: "If you want to see the Dow go up," bomb Iran
http://mediamatters.org/items/200606060009


During the June 5 edition of Fox News' Your World with Neil Cavuto, Jonathan Hoenig, managing member of Capitalistpig Asset Management LLC, asserted that bombing Iran would raise the Dow Jones industrial average. Hoenig stated: "Frankly, if you want to see the Dow go up, let's get the bombers in the air and neutralize this Iranian threat. We've gone to the negotiating table, we have danced around with these people" and "that's not going to help this country nor the stock market." Hoenig's comments came during a discussion led by host Neil Cavuto, who asked whether "investors are worried more about interest rates than a nuclear Iran." Cavuto was referring to Federal Reserve Chief Benjamin S. Bernanke's suggestion that the Federal Reserve Board's Federal Open Market Committee may continue to raise short-term interest rates, as well as Iran's threat to cut its oil output if the United States interferes with its nuclear program.

~snip~

link has transcript and video clip

Too bad being this stupid isn't a crime.

[sam sarrha]

1. gas will be $6 a gallon if you can find it...

[proud patriot]

2. Hoenig is a SICKO

[LiviaOlivia]

4. Isn't he!

Sweet Jesus.

[Initech]

3. Wow, two corporate ass-kissing shills in the same room?!

:spray:

[catzies]

5. Deja vu to the runup to the Iraq invasion. Said the same thing then.

War would be good for the markets. :puke:

[Jim Sagle]

6. How bogus. Oil would zoom and therefore the Dow would tank.

[mike_c]

7. this meme needs to be derailed-- THERE IS NO IRANIAN THREAT....

Iran has managed to enrich milligram quantities of uranium to 4 percent U²³⁵. While a significant technological achievement, this is not the least bit threatening to anyone.

[bobbieinok]

8. a bit like some students told me before the invasion of Iraq

They said their poli sci and govt profs were telling them that wars always create jobs and boom the economy. (This was at a conservative christian college.)

[teryang]

9. When the war drum beats the dollar drops

It's clear that the big bankers have told the bushista's "soft power." Every time they talk tough on the war, the dollar takes a dive and gold goes up.

They've clearly opted for a domestic/international propaganda campaign in lieu of actual war. They can't afford an actual war because the international banking community (our creditors) won't support it. We can go to war if we want to but the dollar will collapse.

The bankers call the shots until the fascists in the front office officially tell them to f..k off. Perhaps such a reckoning will come. I don't know.