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Wednesday, March 11, 2009

Stewart v. Cramer & CNBC

Jon Stewart completely dismantled Jim Cramer's Ego in approximately 5 minutes.

And yet, this is supposed to be one of the premier advice givers when it comes to investment. And as Cramer so eloquently pointed out, Stewart is a comedian. How sad has this world and it's news become when a comedian is the one who has to point out the ludicrous reporting of a major news organization, and the leader of it's specified market (in the case of CNBC, it's business & investing). Yes, everyone is entitled to mistakes. But Cramer, while pleading with people to buy Bear Stearns stock, even says "it acts much better than it should." Isn't this supposed to be a clue? Aren't you an expert and know that if it's too good to be true, then it fucking is?! This isn't a mistake. This is pure and simple: GREED. Nothing more. Nothing less. It's the greed of "oh, it's higher than it should be, it's making money." When in fact, it isn't making money, and it's on the surface of a bubble that has to pop, just as every bubble must, economic or not.

So what does CNBC run the next day on Kudlow?  Well, Art Laffer talking about how Obama is ruining this country, and how the stock market is the proof, since it is forward looking and not backward looking, which rests all blame squarely on the current administration (on the 2nd page, halfway down). Why on earth does Laffer even get to talk after that horrific display? And isn't this the exact thing that Jon Stewart was pointing out originally? Honestly, it seems to me that CNBC not only misses the point when it comes to Stewart's segment on them, but they miss the point when it comes to their own "area of expertise". We should just lump them in with Fox News as a network of self absorbed, self congratulating, out of touch, ignorant, pissy, overly conservative, close-minded idiots.

As you can tell, I don't have much of an opinion on the matter.  /sarcasm off

Tuesday, March 10, 2009

Facebook Observation

All you have to do is scan Facebook for about 10 minutes and you'll probably find about 4 or 5 of the many "Obama is a liar," or "Obama is a socialist," or "Obama killed the stock market,' or "Obama killed capitalism," or "Obama killed the US" or some other such nonsensical group full of raving lunatics who had condemned Obama's term as president before it had ever started. And all they do is sit around quoting Fox News, Hannity, O'Reilly, Limbaugh, or some other crazy Right-Wing nutjob source. These people are not just nutjobs because I disagree with them, they are nutjobs because they believe they, and only they, know or can know the truth or the right answer or the right path, and these truths, answers, and paths are often very contradictory.

So what is the motivation for these people? What links them together with so much intolerance towards Obama? Well, it doesn't take much effort to notice that nearly all the active members are also part of some Christian group on Facebook as well. Many are so polarized against Obama based on things such as abortion, which is a stupid reason. If you actually look, not a single major political figure has even attempted to overturn Roe v. Wade. It's all a campaign polarizing argument, and never has any substance. Abortion isn't going to be banned, get over it. Another topic is Stem Cell Research, which most people who are against have no real clue what it even is, or what it's potential is. They just know they're against it, because some figure (either political or religious) said they were supposed to be. Stem Cell research has amazing potential and could be the next great breakthrough in biological science or medicine. Of course, it's hard to convince people who refuse to accept Evolution that science/biology is a good thing.

I'm amazed that after the last 2 voting cycles of Republicans getting their asses kicked, that the Right & Evangelicals are hitching their wagons together. It's obviously failing. More of America is atheist or agnostic or non-practicing every year. This isn't some atheistic recruiting process, or some great evil corrupting minds, as most of the nutjobs would have you believe. It's a natural progression away from a Religion. If you think about it, the world has been dominated by different religions over and over, they keep getting debased and a new one takes it's place. However, in this cycle, science has given us something other than the supernatural to look at and many people are seeing how ridiculous it is to believe in fairy tales and base your entire existence and life upon them.

Some, however, refuse to be a part of the movement towards modernism, free thought, & realism. These are the idiots who comprise the very vocal portions of these Facebook groups. I'm in no way claiming that you cannot oppose Obama or his politics without being stupid. I'm merely pointing out that a large vocal portion of these people are idiots & refuse to actually use their brain for anything other than parroting some other more famous idiots.