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It means that the Dow is, by most people, considered to be the only indicator of the health of the economy, and it goes up when the sentiment is bullish, and the financial media is perpetually on a massive campaign to foster a bullish posture among the rank and file.
Well, except the hundreds (thousands?) of articles from the financial media over the past couple years that certainly aren't meant to foster anything bullish.
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In other words, the big corporate media wants the Dow to rise, in order to increase the share value of their own directors' portfolios, so they tell us what we need to know/think in order to make it rise, and then they announce that that is proof that the smoke/mirror economy is marvelously healthy.
Again, don't let the easy to find corporate media articles that have been negative on the economy disrupt your paranoid irrational rants.
It will not surprise me if martial law has to be declared.
That's Big Brother's whole idea. Create a scenario in which martial law has to be declared. We discovered today that Obama is nothing but a hand-puppet doing what he's told by the people who have threatened to impeach him if he doesn't. Want to hear Big Brother speak? Turn on your TV to a random channel. There he is.
When that happens, the first Amendment to go down the crapper will be the Second. Does anybody think for a minute that the storm troopers will let you keep your arsenal of dozens of guns and tons of ammunition?
I'm not predicting that it will come to that, but the forces who want it are there, and are powerful, and so far, their every move has been approved by the electorate and/or the most influential manipulators. There might still be time to stop electing them.
Well, except the hundreds (thousands?) of articles from the financial media over the past couple years that certainly aren't meant to foster anything bullish.
Again, don't let the easy to find corporate media articles that have been negative on the economy disrupt your paranoid irrational rants.
Well, what do you know? A couple of bears have been allowed on CNBC during the great crash. As the bottom was falling out of the mortgage and auto industries, negative articles were "easy to find . . . over the past couple of years".
The Dow, at this moment, is higher than it was in August 2006, or any day in history before that. And has recovered to the level it was at in July 2008, three months before the great crash. And exactly what characteristic of our present economic environment is it that justifies this wonderful bull market, other than the influences of the bull media? How much more optimistic about our economy are you, than you were prior to August 2006? Is the Dow a good indicator?
Well, what do you know? A couple of bears have been allowed on CNBC during the great crash. As the bottom was falling out of the mortgage and auto industries, negative articles were "easy to find . . . over the past couple of years".
There were far more than "a couple of bears allowed" and if you spent any amount of time reading financial press you'd realize that. You can try to alter reality to feed your insane conspiracy theories that doesn't change the fact that here in Reality Land the media was reporting very heavily on the negative economy.
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The Dow, at this moment, is higher than it was in August 2006, or any day in history before that. And has recovered to the level it was at in July 2008, three months before the great crash.
Weee! Let's play a game of hand picking certain dates to try to make a point! The DOW is barely higher than it was in the year 2000, and it is way off the peak over 14k.
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And exactly what characteristic of our present economic environment is it that justifies this wonderful bull market, other than the influences of the bull media?
Corporate profits, consumer spending, manufacturing, construction, etc. there are many economic indicators that are quite positive right now.
Could go on all day, but I suspect if I posted 500 articles about the negative economy you'd still be babbling about how the media just reports good news as they are instructed to. Again, those of us anchored over here in reality land saw how much the media reported on both the downturn and the climbing back out.
Right. It is an unfounded conspiracy theory that the billionaires and CEOs are more interested in making themselves wealthy, than the general citizenry.
It is a conspiracy theory to suggest that the one economic indicator that can most easily be driven and manipulated by speculators, is the truest and most reliable indicator of the health of the economy. Right?
No, it is an unfounded conspiracy (and something that defies common sense) that the tens of thousands of journalissts with diverse backgrounds and political leanings conspire to report financial news in only a positive manner, especially given the amount of readily available of evidence to the contrary.
No, it is an unfounded conspiracy (and something that defies common sense) that the tens of thousands of journalissts with diverse backgrounds and political leanings conspire to report financial news in only a positive manner, especially given the amount of readily available of evidence to the contrary.
Good lord, you know even less about the news media than you do about economics.
Thousands of journalists all hand in their copy to their editors, who also answer to superiors. who are protecting very high salaries, paid by very rich people who have their own personal interests. Self-censorship is the most insidious form of censorship, for it is never tested or challenged.
Good lord, you know even less about the news media than you do about economics.
Dude, just last month I saw you authoritatively claiming on these forums that there are no refrigerators in China, so I'm certainly not willing to accept anything from you about knowledge and claims of it.
Still wondering how so many articles can be easily found about the terrible economy and whether entering another depression, when jtur88 is quite sure the media are all just paid to report positive economic news to make people rich.
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