Mind you, I'm agnostic on the stock market bounceback. Whether it's a true bull or a bull run within a secular bear is for history to determine. So far it's restored my portfolio nicely after the death spiral of 2008, but I'm not whistling down the street and ignoring the warning signs; I read John P. Hussman every week, and I'm resisting pouring new money into stock funds (and not just because I don't have that much to pour as we enter the holiday season). But I also know that if it were a Republican president in the White House and the Dow was hitting such highs the same week of the 20th anniversary of the fall of the Berlin Wall, the hosts and panelists at Fox would be waving little American flags celebrating the market boom as a fitting toast for the triumph of Western capitalism over communism and a rebuke to naysayers and doubters with souls so gray and faith so brittle.
What's truly bizarre are the political pundits brought on to pose as sage money men. Dick Morris, Jon "fuck diplomacy" Bolton and Ann Coulter can be found regularly telling viewers to ignore their returns and sell, sell, sell. Imagine the E! channel starting a Wall St. network with Miley Cyrus breaking down stock quotes for Disney. It's like they're not even trying.
