Sunday, February 3, 2013
Media Ignorance
I constantly criticize mainstream media as being too politicized to properly educate the public. The financial as well as ordinary media bear guilt for this.
One example is the way they seek out scapegoats. Such as Wall Street or major companies and banks. In the form of bonuses paid; never athlete pay but only those to evil executives.
Another example: When someone in the financial community shorts securities while also buying for the long term, that investor is automatically deemed to be a crook. A decision by those who are not steeped in legal, risk control financial strategies. (See the Earl J. Weinreb NewsHole® comments and @BusinesNewshole at Twitter.)
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