Category: Mainstream Media
The analysis published under this category are as follows.Friday, August 28, 2009
News Corporation's Murdoch Blames BBC For Driving Independent Journalism Out of Business / Politics / Mainstream Media
James Murdoch of the media giant News Corporation lashed out at the licence fee funded BBC for driving out independent media that cannot compete against the BBC's free services, especially the online services that cost the BBC £186 million per annum to deliver but are paid for via the licence fee, whereas mainstream news organisations operate their free online services at a huge loss and are increasingly being forced to charge for online access as the print media continues to shrink as more people turn to the internet for news and information.
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Friday, August 28, 2009
Beware the Mass Media, A Pack of Lying Morons / Economics / Mainstream Media
Jack D. Douglas writes: The Mass Media reports on almost all economic issues more complex than buying a hamburger are very misleading at all times and are catastrophically misleading in this Great Crisis in which almost everything is distorted in Rube Goldberg ways by the Fed, FDIC, and scores of other agencies and giveaway, subsidy programs.
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Saturday, August 15, 2009
Why No One Won a Pulitzer for Financial Crisis Reporting (Part 1) / Politics / Mainstream Media
Amidst the biggest financial crisis since the Great Depression (if not ever) and the biggest Ponzi scheme ever, (the real estate-banking Ponzi scheme) not one of the 65 Pulitzer Prizes was awarded for coverage of the events surrounding the “financial crisis.” Ironically, the media has yet to identify this crisis as the biggest Ponzi scheme ever, confirming their incompetence.
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Friday, July 31, 2009
Mainstream Media Economic Recovery Propaganda, False Profits and Some “Surprises to the Upside” / Politics / Mainstream Media
321gold.com founder Bob Moriarty never fails to get a rise out of The Gold Report readers, simultaneously raising hackles and awareness. In this interview, his fifth with us since last November, he rails against continuing business, media and government shenanigans. He prophesizes bankruptcy, riots and revolution. But he also sees a bit of silver lining in the thunderheads, predicting “a lot of surprises to the upside” in the resources sector.
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Saturday, July 18, 2009
Mainstream Press Has Become Virtual "Escort Services" for Moneyed Elites / Politics / Mainstream Media
Raw Story writes: More and more mainstream media are brokering cozy relationships between politicians and lobbyists.
The various elite Washington news organizations that have become caught up in the so-called “pay-for-play” or “salon” scandal have now commenced a circular firing squad of sorts—in an effort to distance themselves from their peers whose conduct they are trying to paint as worse than their own.
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Friday, July 17, 2009
Mainstream Media Pumping the Illusion of Green Shoots of Economic Recovery / Politics / Mainstream Media
Record profits were posted by Goldman Sachs on July 14, and a surge in profits at J.P. Morgan Chase were reported two days later, along with reports that record bonuses will be paid out too. Meanwhile, RealtyTrac reported that home foreclosures had risen 15% in the first half of this year, year to year. Guess which headline appears at the top of the news and which headline gets blurred? (Answer: The financial firms' surging profits get top billing.)
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Thursday, July 16, 2009
Peter Schiff: Wrong on the Economy, Wrong on Healthcare (Part 2) / Politics / Mainstream Media
Deleted Read full article... Read full article...
Saturday, June 27, 2009
How the Media Uses Buffett to Make Money / Politics / Mainstream Media
In the previous part of this article we saw how what Buffett invests in doesn’t matter to you.
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Wednesday, June 03, 2009
CNBC Jim Cramer Perpetuates Myths of Calling the Top, Bottom and just about Everything in between / Stock-Markets / Mainstream Media
Don Harrold writes: This story took turn for the odd last night.First, I did a video last week called, "Jim Cramer: I Told You to Sell!" In that video I showed Jim Cramer claiming that he told his viewers to get out of the market at "Dow 11,000." Then, I showed Jim calling "the bottom" and being insanely bullish at "Dow 11,000". I challenged people to show me Jim on Mad Money telling folks to get out, short the market, it was "too dangerous," and, with equal bearishness and no caveats (the last point is the most important). I offered $1100 to the first person to provide the video. (see original email and video for details).
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Wednesday, June 03, 2009
CNBC Jim Cramer Calls Stocks Bear Market Bottom in Hindsight / Stock-Markets / Mainstream Media
Jim Cramer of CNBC's "Mad Money" is apparently at it again, rewriting history as the video prepared by Don Harrold illustrates that Jim Cramer is now starting to perpetuate a myth that he called the Stock Market bottom at Dow 6,500 after the earlier myth of telling investors to sell at Dow 11,000.
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Thursday, May 21, 2009
How to Move the Stock Market Using Hacks and Morons / Stock-Markets / Mainstream Media
I just ran across a news headline by CNBC so I knew it would provide a learning point. As the VIX Continues to Drop, Is S&P at 1,000 Far Behind?
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Saturday, April 04, 2009
Deflationary Depression Hits News Print Mainstream Media / Companies / Mainstream Media
Deflationary news continues to hit the newsprint industry. Please consider New York Times threatens to shut Boston Globe . The New York Times Co has threatened to shut The Boston Globe unless the newspaper's unions quickly agree to $20 million in concessions, the Globe reported on Friday, quoting union leaders.Read full article... Read full article...
Wednesday, March 25, 2009
The Apprentice Returns Today at 9pm on BBC1 / Politics / Mainstream Media
Multi-award-winning business reality show The Apprentice returns for a fifth series in what promises to be the toughest yet. Britain's best aspiring tycoons have taken time out from their careers to embark on a 12-week interview from hell with no-nonsense, self-made millionaire businessman, Sir Alan Sugar. Aided once again by his advisers, Nick Hewer and Margaret Mountford, Sir Alan sorts the wheat from the chaff through a series of gruelling tasks and explosive boardroom scenes. Viewers will be kept on the edge of their seats as candidates are whittled down after hearing Sir Alan's infamous words: "You're fired!"Read full article... Read full article...
Monday, March 23, 2009
The Great Depression- Then and Now and Mainstream Journalists / Economics / Mainstream Media
The economic crisis and the debate -- what there is of one -- about the alleged anti-recessionary effects of big government spending policies has once again raised the spectre of the Great Depression and once again our commentators get it wrong, particularly journalists, that pesty brood of pseudo intellectuals for whom honest research appears to be an anathema.Read full article... Read full article...
Tuesday, March 17, 2009
Cramer Vs Stewart - The Daily Show Brawl Street Showdown / Politics / Mainstream Media
The long awaited showdown between comedian Jon Stewart and the bigger Comedian Jim Cramer. Cramer cringes as Stewart refers to them both as snake oil salesmen.Read full article... Read full article...
Monday, March 16, 2009
Jon Stewart & Jim Cramer's Staged Theatrics / Politics / Mainstream Media
I won't go into any type colorful description of the “showdown” between Jon Stewart and CNBC's Kim Cramer. If you're reading this you already know about it. What I want to talk about is the fact that this “highly anticipated showdown” was staged. In fact, it was the media that made it “highly anticipated.” It was the Hollywood theatrics used by the producers of both shows that made it a “showdown.” And chances are you feel for it.Read full article... Read full article...
Monday, March 09, 2009
Watch CNBC and Make Money, Who is Really Making Money? Part1 / Politics / Mainstream Media
Maybe there's a good reason why CNBC has a show called Fast Money. If you follow the advice of these guys, your money is likely to evaporate very fast. Likewise, I'm beginning to see why Cramer's show is called Mad Money. You're likely to get mad if you follow his advice. Or maybe you have to be a mad man to watch it. Cramer, didn't you tell investors to stay in Bear Stearns and Lehman Brothers just days before the collapse?Read full article... Read full article...