AIG, Bernie Madoff, stimulus packages, and layoffs, I dare you to turn on your television, radio, or internet and find a program that is not talking about one of these topics. They are either trying to provoke a sense of injustice, needle the fear of destituiton, or educate the masses on how to feed a family on one dollar a day. The latest story to hit mass media has informed the public that the economy is turning around because recent numbers show an increase in home sales, I say "it is going to be what it is going to be" enough is enough.
In times like these people point fingers, sharpen pitch forks, and look for sacrificial lambs, The Daily Show's, Jon Stewart, found such a lamb in CNBC's Mad Money Jim Cramer. Stewart and Cramer verbally duked it out about who knew what and when, and who should take responsibility. Who’s next? Should Suze Orman watch her back? Will CNBC’s financial expert Maria Bartiromo have to go into protection? Who is next? Many media entities push our emotional buttons to tell us how we are to feel about a person or a situation. For all those that followed Cramer blindly and loved him when their pockets were fat, and for those that bragged about Madoff and haphazardly forked over millions I say “it takes two to tango.” No I am not blaming the victim, but too many are destroyed due to a lack of knowledge. A lot of people refuse to do their homework and follow the richest person in front of them; it goes to that ever transcending parental question “If everyone was jumping of a bridge would you follow?” Don’t get me wrong I am all for investing, saving, and building equity, but I believe we should all be experts not just one person.
I stand in the village square beseeching you to put down the torches, release the lamb, and don’t allow a black box to control your emotions.
Monday, March 30, 2009
No News is Good News
Labels:
AIG,
daily show,
jim cramer,
jon stewart,
mad money,
Madoff,
maria bartiromo,
recession,
stimulus package,
suze orman
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