 |
|
03-07-2008, 08:39 AM
|
#1
|
|
Recycles dryer sheets
Join Date: Feb 2008
Posts: 53
|
You'd think someone died.
They have been so sullen this morning; I guess finally admitting we're in a recession is tough, as they've been talking up for weeks about how we were in "the" bottom.
Do you really think this channel is objective? It's almost like they try to "sell" you on investing.
The power of advertising $ at work.
|
|
|
|
03-07-2008, 08:43 AM
|
#2
|
|
Full time employment: Posting here.
Join Date: Jan 2008
Posts: 798
|
 Quote:
Originally Posted by amy5708
You'd think someone died.
They have been so sullen this morning; I guess finally admitting we're in a recession is tough, as they've been talking up for weeks about how we were in "the" bottom.
Do you really think this channel is objective? It's almost like they try to "sell" you on investing.
The power of advertising $ at work.
|
TV shows are for entertainment, they almost make me sick. They are cheerleaders and always know exactly why everything is happening.
In reality "they know nothing!" ....i.e. Cramer.
|
|
|
|
|
03-07-2008, 08:58 AM
|
#3
|
|
Recycles dryer sheets
Join Date: Jan 2006
Posts: 362
|
I enjoy the "reporters" on the floor of the exchange.I feel it takes a real pro to reach the verge of hysteria reporting that walmart sales were up or down. They have the true sense of urgency.
__________________
Fat, drunk, and stupid is no way to go through life, son.
|
|
|
|
|
03-07-2008, 08:47 AM
|
#4
|
|
Thinks s/he gets paid by the post
Join Date: Feb 2005
Location: Mississippi
Posts: 4,261
|
The economy is bad whether it is called a 'recession' or a 'slow down'. I don't know why the talking heads get so hung up on what to call it. Just semantics IMO. But I know nothing about nothing. 
__________________
Full time wuss............
|
|
|
|
|
03-07-2008, 08:48 AM
|
#5
|
|
Moderator
Join Date: Oct 2005
Location: Texas Hill Country
Posts: 7,253
|
Finally admitting we're in a recession? They and the other financial media have been beating the recession drums since last August. It almost feels like they have been trying to take the economy down with all their doom and gloom.
They aren't selling people on investing. They're trying to increase advertising revenues through viewership, and by scaring the hell out of everyone and sensationalizing economic conditions, they can attract an audience.
__________________
"Hey, for every ten dollars, that's another hour that I have to be in the work place. That's an hour of my life. And my life is a very finite thing. I have only 'x' number of hours left before I'm dead. So how do I want to use these hours of my life? Do I want to use them just spending it on more crap and more stuff, or do I want to start getting a handle on it and using my life more intelligently?" -- Joe Dominguez (1938 - 1997)
|
|
|
|
|
03-07-2008, 08:53 AM
|
#6
|
|
Thinks s/he gets paid by the post
Join Date: Nov 2007
Posts: 1,052
|
On my local radio show it's called "shock value".
Saying the same thing as everyone else doesn't get you viewership. It's akin to your local TV news preview telling you to tune in because "Things in your refrigerator that could possibly kill you!" is much more intriguing than "Throw away that green stuff in the back of the fridge".
|
|
|
|
|
03-07-2008, 09:54 AM
|
#7
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Apr 2003
Location: Hooverville
Posts: 10,802
|
Quote:
Originally Posted by amy5708
Do you really think this channel is objective? It's almost like they try to "sell" you on investing.
|
I think a lot of people are intent on selling us on investing.
About 3 weeks ago I went to a seminar at my brokers which was billed as a quarterly update. The presenter had a lot of interesting charts and data to share.
But his real mission was to get us all out of money funds and CDs and invested in equities, and especially in equity funds. I don't think I have ever heard such dedicated positive spinning. Someone asked about the falling $- not to worry he said, it just comes back to us in the form of debt and equity investments by foreigners. The questioner then asked if those equity investments by foreigners were necessarily good. Sure they are!
I think this guy would have tried to put a positive spin on a dirty bomb detonating in NYC.
Ha
__________________
Above all, humans are political animals.
Nota bene: I am either a moron or an idiot. So don't pay any attention to anything I say or you are one too. Please consult your financial advisor, astrologer or proctologist for whatever it may be that you are seeking.
|
|
|
|
|
03-07-2008, 09:56 AM
|
#8
|
|
Moderator
Join Date: Oct 2005
Location: Texas Hill Country
Posts: 7,253
|
Quote:
Originally Posted by haha
But his real mission was to get us all out of money funds and CDs and invested in equities, and especially in equity funds. I don't think I have ever heard such dedicated positive spinning. Someone asked about the falling $- not to worry he said, it just comes back to us in the form of debt and equity investments by foreigners. The questioner then asked if those equity investments by foreigners were necessarily good. Sure they are!
I think this guy would have tried to put a positive spin on a dirty bomb detonating in NYC.
|
Personally, I find many permabulls and permabears quite annoying in their incessant spin and attempts to steer the market. The market should be left to do what it's going to do, without excessive pump-and-dump cheerleading from some salesmen or the constant apocalypse-mongering we're currently seeing on the financial porn shows on TV.
__________________
"Hey, for every ten dollars, that's another hour that I have to be in the work place. That's an hour of my life. And my life is a very finite thing. I have only 'x' number of hours left before I'm dead. So how do I want to use these hours of my life? Do I want to use them just spending it on more crap and more stuff, or do I want to start getting a handle on it and using my life more intelligently?" -- Joe Dominguez (1938 - 1997)
|
|
|
|
|
03-07-2008, 10:17 AM
|
#9
|
|
Recycles dryer sheets
Join Date: Aug 2007
Posts: 433
|
Quote:
Originally Posted by ziggy29
Personally, I find many permabulls and permabears quite annoying in their incessant spin and attempts to steer the market. The market should be left to do what it's going to do, without excessive pump-and-dump cheerleading from some salesmen or the constant apocalypse-mongering we're currently seeing on the financial porn shows on TV.
|
The market should also be left alone by the government and its quasi-governmental appendages like the Federal Reserve. It would be much more healthy if it was allowed to seek its natural level.
That's capitalism.
__________________
Consult with only myself as your adviser or representative. My thoughts should be construed as investment advice of the highest caliber. Past performance is but a pale shadow and guarantee of even greater results in the future.
|
|
|
|
|
03-07-2008, 01:51 PM
|
#10
|
|
Full time employment: Posting here.
Join Date: Jan 2008
Posts: 798
|
Quote:
Originally Posted by ziggy29
Personally, I find many permabulls and permabears quite annoying in their incessant spin and attempts to steer the market. The market should be left to do what it's going to do, without excessive pump-and-dump cheerleading from some salesmen or the constant apocalypse-mongering we're currently seeing on the financial porn shows on TV.
|
I couldn't agree more!!!!!!!!!!!!!!!!!!!!!!!
|
|
|
|
|
03-08-2008, 01:49 PM
|
#11
|
|
Full time employment: Posting here.
Join Date: Mar 2005
Posts: 876
|
Quote:
Originally Posted by ziggy29
Personally, I find many permabulls and permabears quite annoying in their incessant spin and attempts to steer the market. The market should be left to do what it's going to do, without excessive pump-and-dump cheerleading from some salesmen or the constant apocalypse-mongering we're currently seeing on the financial porn shows on TV.
|
Finance and porn on the same show? I wanna know what channel you're watching! 
__________________
"Who among us is smart enough to learn from the mistakes of others?" - Voltaire
|
|
|
|
|
03-07-2008, 10:22 AM
|
#12
|
|
Thinks s/he gets paid by the post
Join Date: Oct 2003
Posts: 3,847
|
Step away from the TV - now!
TV viewing has been linked to depression and other maladies.
As to TV news - Think about this - how many positive stories have you ever seen? If we are going into or are in one now; do you remember the predominate stories previous to now saying the economy is good?
The media is hard wired to creating a fear so they can report it.
The media has great hindsight - don't we all?
Let's not use the general media - tv in particular - for any discussion - they are worthless.
PS - I worked in tv news and sports and have family members in it.
__________________
Sometimes death is not as tragic as not knowing how to live. This man knew how to live--and how to make others glad they were living. - Jack Benny at Nat King Cole's funeral
|
|
|
|
|
03-07-2008, 10:42 AM
|
#13
|
|
Full time employment: Posting here.
Join Date: Aug 2007
Posts: 674
|
Quote:
Originally Posted by amy5708
You'd think someone died.
They have been so sullen this morning; I guess finally admitting we're in a recession is tough, as they've been talking up for weeks about how we were in "the" bottom.
Do you really think this channel is objective? It's almost like they try to "sell" you on investing. speculating.
The power of advertising $ at work.
|
Edited for accuracy 
MSNBC and it ilk are in the entertainment business to provide an avenue for the financial industry to advertise their products.
I like to turn them on when the market is having a particularly bad day to watch their "sky is falling" antics.
DD
|
|
|
|
|
03-07-2008, 11:00 AM
|
#14
|
|
Moderator
Join Date: Oct 2005
Location: Texas Hill Country
Posts: 7,253
|
Quote:
Originally Posted by DblDoc
I like to turn them on when the market is having a particularly bad day to watch their "sky is falling" antics.
|
It would be fun to watch -- except that there are enough people who drink their Kool-Aid and start panicking, just making things worse both for themselves (by buying high and selling low) and for the economy and market overall.
__________________
"Hey, for every ten dollars, that's another hour that I have to be in the work place. That's an hour of my life. And my life is a very finite thing. I have only 'x' number of hours left before I'm dead. So how do I want to use these hours of my life? Do I want to use them just spending it on more crap and more stuff, or do I want to start getting a handle on it and using my life more intelligently?" -- Joe Dominguez (1938 - 1997)
|
|
|
|
|
03-07-2008, 01:55 PM
|
#15
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Aug 2006
Posts: 9,174
|
Quote:
Originally Posted by DblDoc
MSNBC and it ilk are in the entertainment business to provide an avenue for the financial industry to advertise their products.
I like to turn them on when the market is having a particularly bad day to watch their "sky is falling" antics.
DD
|
I disagree somewhat, MSNBC has caused more financial ruin than 100 Ponzi schemes.
Keep in mind all the ads Merrill and Scottrade and those guys run is to help pay for Maria's wardrobe and makeup, and the buckets of towels needed to clean up Jim Cramer spit............ 
__________________
Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)
This Thread is USELESS without pics.........:)
|
|
|
|
|
03-07-2008, 02:04 PM
|
#16
|
|
Full time employment: Posting here.
Join Date: Jan 2008
Posts: 798
|
This is really mean but I will never forget the Maria days bouncing around on the floor of the exchange during the tech bubble, giggling about another tech stock soaring for the day. Sometime her hair looked like she just got up and her sniffling looked like she was trying to make the most of the coke from the party the night before. Now they bring her on the Nightly News as the big time Financial Expert. It does make me sick, when I see her coming on, I change the channel. Sorry for the rant.
|
|
|
|
|
03-07-2008, 02:23 PM
|
#17
|
|
Thinks s/he gets paid by the post
Join Date: Feb 2005
Location: Mississippi
Posts: 4,261
|
Quote:
Originally Posted by RockOn
It does make me sick, when I see her coming on, I change the channel. Sorry for the rant.
|
She's kind of cute tho. 
__________________
Full time wuss............
|
|
|
|
|
03-07-2008, 02:26 PM
|
#18
|
|
Full time employment: Posting here.
Join Date: Jan 2008
Posts: 798
|
I can give her that. However, with a brain like that, she should be blond.
|
|
|
|
|
03-07-2008, 02:53 PM
|
#19
|
|
Full time employment: Posting here.
Join Date: Aug 2007
Posts: 674
|
Actually we probably do agree. I didn't clearly articulate sufficient sarcasm and disdain for what they do. Their revenue stream is in advertizing dollars. The more they promote buy... no sell... no buy more... no sell everything the more the average investor looses and the financial industry gains.
DD
|
|
|
|
|
03-07-2008, 05:33 PM
|
#20
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Apr 2003
Location: Hooverville
Posts: 10,802
|
Quote:
First you get me thinking about Maria, then you ruin it with Cramers's spit! Maria's spit I could deal with  but let's leave cramer out of this. 
Ha
__________________
Above all, humans are political animals.
Nota bene: I am either a moron or an idiot. So don't pay any attention to anything I say or you are one too. Please consult your financial advisor, astrologer or proctologist for whatever it may be that you are seeking.
|
|
|
|
|
|
|
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
|
|
|
| Thread Tools |
Search this Thread |
|
|
|
| Display Modes |
 Hybrid Mode
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
» Recent Threads
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
