this morning I was awoken by my alarm clock powered by electricity generated by the public power monopoly regulated by the US department of energy.
I then took a shower in the clean water provided by the municipal water utility.
After that, I turned on the TV to one of the FCC regulated channels to see what the national weather service of the national oceanographic and atmospheric administration determined the weather was going to be like using satellites designed, built, and launched by the national aeronautics and space administration. I watched this while eating my breakfast of US department of agriculture inspected food and taking the drugs which have been determined as safe by the food and drug administration. Read the rest of this entry »
After a bleak 2008, equities are looking up. But whatever the market, our trademark long-term portfolio can help you build a nest egg for a secure future. Fortune 40: The best stocks to retire on
Isn’t it time to throw in the towel on stock picking, Fortune? How about some advice that regular people (you know… the kind that might read your magazine) could use without getting themselves in trouble? Read the rest of this entry »
I am with what anecdotally seems to be the majority of people, who thought the Daily Show interview of Jim Cramer conducted by Jon Stewart was brilliant, even while painful to watch.
Jim Cramer had the misfortune of representing all of CNBC, indeed all of the financial news networks (which is what now, 3?). On the other hand, Cramer sort of brought this upon himself, with the over-the-top advertising for him that CNBC provided (e.g. the much harped-upon “In Cramer We Trust”), and the media blitz that Cramer himself engaged upon after the initial salvos were fired that, while featuring him, didn’t focus solely on him.
Stewart’s message though, similar to the withering one he delivered to the (2nd generation of) CNN’s Crossfire, is that these media institutions are woefully mis-serving their audiences. Most of what the financial networks provide is not news- it is commentary. What news they do deliver is already known amongst most traders and professionals, and so useless for any short-term financial decisions, on which the networks unfortunately prey.
Earlier this month, Stuart Shephard, director of digital media at Focus on the Family made a video in which he advocated praying for a torrential downpour to interrupt Barack Obama’s open-air acceptance speech at Denver’s INVESCO Field during the Democratic Convention this past Thursday:
