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Tuesday, October 30, 2012
Newsmax Fearmongering About Economy to Boost Romney
Topic: Newsmax

Newsmax's Moneynews website has also been following the corporate line of working to get Mitt Romney elected.

An Oct. 23 article touted a claim by Robert Wiedemer that "Stocks could take a plunge if President Barack Obama is re-elected on Nov. 6; however, they could surge if GOP challenger Mitt Romney takes the White House."

You might recall that a couple years back, Newsmax built one of its money-making schemes around Wiedemer's book "Aftershock."

Moneynews is also fearmongering about the economy. An Oct. 26 article states that "A combination of rising taxes and cuts to government spending coupled with continued murkiness out of Europe could send the U.S. economy into a recession in the first quarter of next year, said Laurence Fink, CEO of asset management giant BlackRock.

Posted by Terry K. at 10:14 PM EDT

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