WCGreen
(1000+ posts)
Send PM |
Profile |
Ignore
|
Thu Sep-03-09 07:33 AM
Original message |
If you needed any more proof that the US is deferential to the wealthy class... |
|
Why are their three, yes three, financial news networks and not one network to be found devoted to labor issues.
Three financial networks where the people who are "day trading" or speculating can get aa fix while nowhere to be seen is a network devoted to consumer safety.
Money and the status and stuff it can buy is all that really matters in the US.
Labor concern, you don't like it, go work somewhere else.
Consumer Protection, let the market decide.
|
AllentownJake
(1000+ posts)
Send PM |
Profile |
Ignore
|
Thu Sep-03-09 07:35 AM
Response to Original message |
1. Those networks are nothing but marketing arms for the Finance Industry |
|
People foolish enough to invest in the stock market off of anything they see on those shows end up losing their shirt.
|
WCGreen
(1000+ posts)
Send PM |
Profile |
Ignore
|
Thu Sep-03-09 07:38 AM
Response to Reply #1 |
3. They drag people in thinking they are privy to information when |
|
all they do is bring in so-called experts who are pushing stocks that they are going to make commissions on when sold..
|
AllentownJake
(1000+ posts)
Send PM |
Profile |
Ignore
|
Thu Sep-03-09 07:42 AM
Response to Reply #3 |
|
Stock ownership or even mutual fund ownership is complex and one needs to take time on their own to research what exactly they are buying.
My father last $300,000 (of intial capital he would have made $700,000 if he sold) to Lucent because he ignored my warnings that their fundamentals were not good. He believed his management when he worked for them.
That is how twisted our society has become. People will believe their employer has their interest over their own children.
|
MNDemNY
(1000+ posts)
Send PM |
Profile |
Ignore
|
Thu Sep-03-09 07:38 AM
Response to Original message |
2. People who would watch such a network, are working. |
HughBeaumont
(1000+ posts)
Send PM |
Profile |
Ignore
|
Thu Sep-03-09 07:43 AM
Response to Original message |
5. CNBC is a Reaganite "freemarketz" circus turned up to 100 in all the wrong directions. |
|
When they're not having GOP ass-snorters like Kay Baily Hutchinson, Mitch "the Human Turtle" McConnell or John Ensign (snicker), they're putting dorks like Jack Welch or Donny Trump's Wharton School Barbie daughter, spraying Repuke talking points like bad piss. The Cato and Heritage Institutes are always well represented. Three of their main anchors are Goldman-Sachs alums.
Then again, what do you expect from a GE-run station . . . progressive, long-term thinking?
|
WCGreen
(1000+ posts)
Send PM |
Profile |
Ignore
|
Thu Sep-03-09 07:55 AM
Response to Reply #5 |
6. Washing Machine Salesmen... |
CaliforniaPeggy
(1000+ posts)
Send PM |
Profile |
Ignore
|
Thu Sep-03-09 10:13 PM
Response to Original message |
7. Anybody who watches those channels |
|
Gets exactly what they deserve...
Bad advice.
K&R
|
David Zephyr
(1000+ posts)
Send PM |
Profile |
Ignore
|
Thu Sep-03-09 10:25 PM
Response to Original message |
DU
AdBot (1000+ posts) |
Sat Apr 20th 2024, 10:05 AM
Response to Original message |