This article is in two parts.  It shows the negative effect a careless, ignorant statement by one of our congressional leaders can have.  Have you seen it in your newspaper?

Part 1 of this story from The Weekly Standard relates the story of what was said and how it effected the markets. 

Part 2 of this story from The Weekly Standard relates the story of denying the quote and ignoring the damage it caused.  Stocks declined 3% that day, but insurance stocks declined 10%.  Is the cause of that decline not worth reporting?