Don't Worry, The Sky Is Only Falling.

B

bgp

what in the hell is going on ?? does joe public really believe this bullshit from the talking heads and the fed., and gov. that they are solving all the problems just like that. this financial mess is blowing up right in front of us ! and they are saying buy , don't worry everything is OK. kudlow should be banned from t.v. for false propaganda and most financial commentators along with him.

bgp
 
whats the alternative, tell everyone we are doomed?


Quote from bgp:

what in the hell is going on ?? does joe public really believe this bullshit from the talking heads and the fed., and gov. that they are solving all the problems just like that. this financial mess is blowing up right in front of us ! and they are saying buy , don't worry everything is OK. kudlow should be banned from t.v. for false propaganda and most financial commentators along with him.

bgp
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Quote from The Swordsman:

whats the alternative, tell everyone we are doomed?
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If there is a storm brewing in the background, should you tell people to shutter their windows and so on, or should you tell them to slap on some tanning lotion (sun screen is so pessimistic) and go start a barbecue?
 
Bull mkt=high ratings
Bear mkt=lower ratings

Where does CNBC's allegiance stand? Plain and simple as far as I can tell.


Quote from Thunderdog:

If there is a storm brewing in the background, should you tell people to shutter their windows and so on, or should you tell them to slap on some tanning lotion (sun screen is so pessimistic) and go start a barbecue?
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no tell them the frikn truth. rough times ahead. not to buy into real turmoil. apologies to the public for using them in the aftermath of 9/11 that its up to us "THE PUBLIC" to keep spending so we don't go into recession. the public has been used. WHAT THE HELL DO YOU THINK IS HAPPENING?? the derivitives is 180 trillion world wide. ITS MELTING.

bgp
 
Well, if you listen to CNBC regularly, you will realize that all the propoganda is a crock of $#*& !!

We are definitely heading towards a recession. Some of the more ominous signs are:

- Real estate is imploding & will get much worse, before it gets
better. Not only the credit crunch here, but the entire
industry is suffering from large over-supply. The amount of
business that ripples around real estate is incredibly large.
As real estate goes, so does our economy.

- Large Deficit and debt continue to mount. I read that the
national debt went from 5.7 T to almost 10 T under Bush's
watch. What does that tell you about money mgmt ?

- Large run-up on debt will inevitably result in interest rates
rising, so that we can stay competitive with foreign instruments.
Everyone is looking away from Treasuries and investing
overseas. We will be forced to raise interest rates to compete
and meet our debt obligations. We all know what increased
interest rates will do to our already-flailing economy ?

Need I say more ?

Oh, yes, Happy Holidays everyone !
 
Quote from bgp:

what in the hell is going on ?? does joe public really believe this bullshit from the talking heads and the fed., and gov. that they are solving all the problems just like that. this financial mess is blowing up right in front of us ! and they are saying buy , don't worry everything is OK. kudlow should be banned from t.v. for false propaganda and most financial commentators along with him.

bgp
More...
Talking heads work for ratings and nobody wants to hear that things are bad.
 
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