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Well done Bruce.
Fact remains that what passes for "news" has simply been reduced to the fatality compromised spooning, or rather regurgitating the Gerber for the Gerbervores. Tragic since the institution of journalism and those who populate it are capable of much more and our society provides superior potentiality to this institution due to its responsibilities to enhancing broad social interaction. Privileges & responsibilities that have been pimped off to intellectual corruption in return for a few ego enhancing short strokes.
Meanwhile .. Your effort reminds me of the gem form The Disposable Heroes of Hiphoprisy
http://youtu.be/ebWk9pBXSso
'television, drug of the nation, breeding ignorance and feeding radiation.' oh yeah.
Good stuff Bruce, nice to hear your voice.
Perception management is what we are witnessing with the talking heads, perception management.
Good vid BKTV inc. but, I miss your turn of phrase, and would also like to take this opportunity to apologize for any bs I may have sent your way.
I know you're a numbers guy, but would you consider commenting on FOFOA's latest real money vs debt money contrasted with Armstrong's socialist to fascist(corporate) big picture historical paradigm shift stuff.
I just think you might be able to sift it to a more cogent byte. thanks!
(And this for those of us who can only hope to catch the trend, w/o the skill for complex trades).
Now back to read the all time fav note in comments above.
I wouldn't use Fareed as a lampshade or a candle. I think he'd make a good leather cover for my toliet seat.
Hi Bruce,
This worked quite well. Short to the point and devastating to the reputations of respected figures. Exactly as it should be.
Constructive criticism: Could shave a few seconds here and there between transitions.
Think about the audience. We are all paranoid ZHers already, and this particular video (debunking main stream media commentary[1]) is the kind of thing which would have a big impact distributed to other sites; SeekingAlpha etc.
[1] Have you noticed that if you follow (and believe) the MSM, the world appears to be a completely bizarre and confusing place which is almost impossible to understand?That is the world the overwhelming majority of the population live in. Whereas if you follow cause and effect, (and ZH of course), things start lining up. Of course the chinese are pissed. Of course Iran is building nukes.
The media generally is dominated (80% of "journalists") by liberals. They in particular are most fearful of any meaningful amount of spending austerity. So it is in their interest to water down any alarms about the deficits being a real problem that needs to be dealt with now.
Good video simple and to the point and I couldn't agree more. The Fascist controlled media is the enemy of the American people . CNBC and their PR worship pieces on the (Fascist of Omah) Warren Buffet a sorry criminal who gleefully profited from the fraud against Widows , Orphans and School children . Keep putting the word out about the Fascist media and their greedy masters the future of the country is at stake.
Hey, Bruce,
haven't trusted your opinion since you failed to convince your scumbag friends to jump out a window when they were all fucked up on blotter acid last holiday season.
<3 e_
Well said-
CNN= Propaganda.
Nothing more...Nothing less.
If AP, CNN, MSNBC, etc or anything uttered from Ben Ben the clown and Turbo tax Timmy and Big Bad Barry....do the opposite.
Bruce,
Thanks for taking the time to communicate via a different medium; it worked well.
Your analysis was clear and as logical as any I've seen.
I would take your conclusion one step further, though, and say that not only should one not "listen to the talking heads," but be prepared to literally short their statements, when it comes to communication conveyed by any entity associated with the American or Global Media.
Am I being paranoid? Conspiratorial?
I don't think so.
I advise everyone here to go back to every crisis they can recall or that they can find accurate media records regarding.
You will find that, in every case (NO exceptions that I know of), the media got it wrong 100% of the time, and only started conveying even semi-accurate or semi-complete information during the crisis or in the wake (sometimes a long wake) after the crisis hit.
Whether the early 1980s experience with high inflation and low economic growth, the early 1990s S&L crisis, the failure of LTCM, the dot.com bust, the gigantic bust of the real estate market or the stock market crisis (whether spontaneous or engineered) and subsequent blank check theft of the American Taxpayer through TARP/TALF/QE, the media doesn't just get their analysis wrong during the midst of a crisis, they never "see it coming," and never talk of it even when it's on the literal doorstep.
Fareed Zakaria is a spokesman for the Bilderberg group. What else would you expect?
Also a member of both the CFR and Trilateral Commission.
http://www.nndb.com/people/315/000044183/
Nice piece, Bruce. Very succinct yet powerful.
It is more than 50% entertainment. Notice the cuter chicks, a little more cleavage. All visual media is entertainment...eye candy. A little exagerated information and a little cleavage, what are you paying attention to ????????
I liked it!
You’ve got a great voice to listen to, too.
Plus it’s less time consuming for me.
I frequently watch Fareeds Sunday show. He has good insight and interviews on international politics. But as far as economics, it's obvious he relys on the Wall Street/GS/JPM/MS/C/WFC/BAC talking points (read lies) for his 'analysis'.
>>He has good insight and interviews on international politics.<<
i saw fareed out touting "zbig" and his idea of imperialism in libya. on the same show, fareed was out touting the idea funding al qaeda to fight in libya (and set up al qaeda training camps???) shouldn't worry our wee bitty brains.
the guy is a criminal Big Capital globalist stooge.
Fareed is so drunk on Kool-Aid you couldn't trust him to read the weather report for San Diego. Whenever I see his fright mask pop up on TV it takes me a minute to realize it isn't a a parody.
I feel the approach of slowly walking out the door was missed from to many when trended correctly unlike the ZH courtesy of concern reality checks of ficsal sanity on any side. Mr. Obama early did state he wanted to bend the trends. We see how that rhetorical calibration fared as Summers and Romer were summarily dismissed to purge from the voter collective memory attention span on structural issues of domestic reality which never really was in there control. That ship already did sailed, and will manifest as it has currently to the Demo repentant crowd. We cannot ever appeal to the cheerful to useless polito croud until they awake if ever of there bent of mind. Neither party's can admit trends from three generations of damn if we do or do not Keynesian's cult fiscal followers. I feel POMO was the canary to many missed as always on the east walking away. As we are reminded by Mises, and no it not a fetish of mine on his facts that it is characteristic of current political thinking to welcome every suggestion which aims at enlarging the influence of government. Inflation can be pursued only so long as the public still does not believe it will continue. Once the people generally realize that the inflation will be continued on and on and that the value of the monetary unit will decline more and more, then the fate of the money is sealed. Only the belief, that the inflation will come to a stop, maintains the value of the notes. If the practice persists of covering government deficits with the issue of notes, then the day will come without fail, sooner or later, when the monetary systems of those nations pursuing this course will break down completely. The purchasing power of the monetary unit will decline more and more, until finally it disappears completely. The most serious dangers for American freedom and the American way of life do not come from without. What is needed to prevent any further credit expansion is to place the banking business under the general rules of commercial and civil laws compelling every individual and firm to fulfill all obligations in full compliance with the terms of the contract. If you have to convince a group of people who are not directly dependent on a solution of a problem, you will never succeed. Only to bureaucrats can the idea occur that establishing new offices, promulgating new decrees, and increasing the number of government employees alone can be described as positive and beneficial measures. The issue is always the same: the government or the market. There is no third solution.
http://generationaldynamics.com/forum/viewtopic.php?f=5&t=27&p=1922&hilit=aedens#p1920
Wed Dec 31, 2008 2:06 pm
Feel free to update to current affairs I felt then. I do remember China forwarding how hard the American people did work to achieve many things. I do read on the DOJ many instances of individuals procuring Intel on empirical formulas on what we do. Trust is crucial and really given the bent of mind to discipline of Human Action how can any one be surprised where we are. Thank you Bruce for another sanity check
When this comes undone, I am sure there are going to be a lot of people settling scores the old fashioned way. I can certainly think of a few people that will be high on the list; the only problem is trying to track them down to be able to take care of business.
nobody wants to borrow anymore. the banks can take their low-interest loans & shove it. after this unholy mess, people will think long & hard about asking for credit. i remember a time when if you had to ask for credit, it was considered shameful. we were proud to have saved the cash to pay for the things we wanted in life. (of course, we also earned interest on our savings accounts, too...... wonders of compound interest to OUR benefit, not wonders of compound interest paid out to banks.)
lb, but money *is* credit. not credit, no money.
the system is rigged on behalf of the debt pushers.
That was before the money was 95% debt based.
My wife wants me to get a second degree. Cost: $9,000 in tuition, at the rate we are going gas will run an additional $1600 for my tenure, $1200 for books and we might need repairs to the car for the commute at $1500 plus car insurance at another $100 a month. I told her I'm better off staying debt free and bagging groceries 1 mile away for $10 an hour. All to stay away from the scam. Maybe, I'll throw a weed seed or 200 of them into the woods and get lucky!
Zakaria is just another water carrier for wall street, always has been. He wrote such a one sided and biased article about how great trade policy has been for India and all the people there in Newsweek back I wrote Newsweek complaining about it. He totally ignored the masses of poverty surrounding the few that have prospered there at the cost of American workers' jobs here. They actually published my retort but I cancelled the subscription my parents had had for over 35 years. Zakaria's career has only taken off since then ... only because he refuses to be objective and truthful about whatever he writes or says. Don't ever listen to him unless you seek find out the opposite of what is happening.
You hit it on the head when you said "They don't know what they are talking about, yet they speak like they do.
My eyes opened to that in the first Gulf War. I was deeply involved on the intel side, and watched the war unfold on CNN as it happened. Not one thing reported was correct. Not one. And yet, they spoke with such conviction - - on subjects that they knew nothing about.
Never believe what you see on TV or read in the papers.
Yup. The few times I've really had in depth, much greater than the general public knowledge about a subject on the news I've found the reporting to be either factually wrong or utterly superficial.
I am really impressed with your presentation. Thank so much. It is people like you that are making a difference for people like me.
Bruce, well done. We need specific refutations of these corporate media trolls who are talking most americas off a cliff. thank you
Well said.
Of course it's not about the Dollar.
It's about war. We are at war.
What's happening in MENA now is very reminiscent of the late 19th Century.
It's a resourse grab.
They didn't find oil in the MENA until the late 1940's and later
Perhaps the worst of the worst is Gasparino who tries to produce scoops from Wall Street. He has "special friends" at Goldman Sachs, dontcha know. He claimed last week that the rise in gold meant little; I wonder if there are taliking point memos labelled:
"pass on to your favorite bitch".
Shame on CNBC!
$50 Silver is now obviously the target near term but longer term is more important. The shorts (JPM) are now hopelessly under water and there IS no escape. Yes the Fed can funnel more cash to maintain this position but the higher Silver goes, the higher the likelihood that the longs will demand physical delivery.
There are all sorts of upside forecasts including James Turk calling for $400 Silver, as mentioned before with Gold, trying to put a Dollar number on anything (even a cup of coffee) during a hyperinflation is impossible because no one can possibly know how debased the currency will become. For that matter no one even knows if the Dollar will survive with enough value to be replaced or whether it goes the way of the Reichmark and disappears to zero.
After ten years of Gold, Silver and their miners outperforming everything on the planet, CNBC should hang their heads in shame.
They pooh poohed Gold and Silver nearly all the way up and for the most part have only had guests on that conveyed nothing but fear of loss to their viewers.
Pick whatever level you'd like, Gold $300, 500, 1000, 1,000 or Silver $4, 7, 15, or $20, most of their guests gave the wrong reasons for the rise and nearly always said "they may run another 5% or so but this stuff is dangerous".
They even started with their bubble bullshit with Gold at $1,000 and Silver at $17, what a disservice they have done.
Remember back in 2002, 2004 timeframe where Larry "King Dollar" Kudlow would laugh at anyone even remotely interested in metals. They would have mining co. CEO's on that sounded more like apologists for their product rather than cheerleaders. It has been and still is pitiful.
THEY have been wrong for more than 10 years now, REALLY WRONG!
Remember, so many years ago, when that "whacko" Bill Murphy from GATA was hooked off of the set of CNBC by Ron Insana because $600 Gold was insane stuff.
Bill still has not been invited back even though nearly EVERYTHING he forecast over 10 years ago has already come to pass and is happening now.
No, they keep bringing out the same clowns who have been wrong all these years and are still wrong. The most famous is Dennis Gartman who probably has lost money in Gold trading all these years because he keeps getting whipsawed. To lose money from the long side in a market that has increased 5 fold is almost mathematically impossible, ... "almost"!
Even a blindfolded monkey would have stood good odds at making money in the metals. Gartman, Nadler, Christian, Klapwjik, Prechter and all the rest have done huge damage to their clients by constantly yelling "shark in the water", had their clients just bought and never ever sold where would they be now in comparison?
Hindsight is 20/20 but there were some who were bullish, really BULLISH before the year 2000 and as it turns out for the right reasons.
Does CNBC ever have anyone on who has been really right for the last 10 plus years?
Especially if they were right for ALL the right reasons?
NO, they don't. Only recently is anyone bullish Gold allowed to speak on their hallowed airwaves.
They didn't because they couldn't!
If after 3 or 4 years they started whipping up public sentiment and actually told the truth about "fractional reserve" metal, we never would have even made it to the fall of 2008, the GFC and ultimate bankruptcy of the Treasury would have exploded by 2006 or 2007.
Hell, it might not have even happened if Gold shot to $2,000 back in 2004 because the debt trough that Treasury drinks from would have already gone dry!
You can hold your breath if you wish waiting for an apology from CNBC for instilling "metal fear" all these years but it's not coming.
Once the whole system implodes, you will only see a few recent clips of guests with their heads screwed on correctly with CNBC exclaiming see, "WE TOLD YOU SO"!
While writing this they now have Rob McEwen, ex Goldcorp CEO and current CEO of Minerva talking about $5,000 Gold while the brainless bimbette hostess talks about taxi cab drivers who are bullish on Gold being a good reason to sell.
So with today as an example, who you gonna believe, the brainless bimbo or the guy who has been right for the right reasons for over 10 years?
With CNBC the more things change the more they stay the same!
www.lemetropolecafe.com
Getting all worked up over something you are free to turn off!
My opinion: Of course they are in the wrong, and blatantly so. And it is all by design.
They realize they reach millions of people, the great majority of which will be highly vulnerable to suggestions offered by the talking heads in the spiffy network studios.
Just as JPM has been short silver to protect the dollar, so it is with the MSM that they adopt a stance whereby PM's are tarnished with the stigma of the 'barbaric relic' and laughed away by guests with suits and dubious credentials.
No TV channel is going to deliver the truth to it's viewers. Only the freedom of the internet permits unorthodox conjecture in a realm free from censors.
I hope you can grasp at who exactly is controlling the banks, govt., media.
Gartman and Nadler personally own more Gold than you or I could possibly dream of.
They just talk the way that they are told.
How much Silver do you think Blythe Masters owns? I'm pretty sure that she measures it by the metric ton.
Yep, saw the Fareed interview while at the gym this morning and almost fell of the eliptical on the total bullshit he was saying. He also mentioned not to invest in the Euro since Europe does not have a future! In addition, he made a point to say that the best place to put your money is in US treasuries. Sounds like the shit is about to hit the fan.
+47
+QEn
Well done Bruce. I especially enjoy all the graffiti in your posts. Very cool.
The financial elites own TV and have a script that the talking heads must follow or they will not be on TV again. Do not believe anything on TV, it is spin, propaganda and lies. TV is a waste of time to watch an to analyse. Do something useful, read and contribute to Zero Hedge by Tyler Durden.
Standard & Poors should be in jail for defrauding virtually investor on the entire planet.
The 'debt crisis' is a manufactured effort by the banker-gangsters to compel privatization at rock-bottom prices.
Want to pay off the 'debt'? Tax the banker-gangsters addicted to free money wherever and whenever they gamble.
you have a real good voice for this
and i agree with the message.
A very nice first effort. Thank you for that.
I'd like to suggest you determine a way to get your microphone much closer to your mouth.
Always enjoy your work and insight.
IMO, your best ever was your last post on "Get Krasting." http://www.zerohedge.com/article/prez-ag-%E2%80%93-%E2%80%9Cget-krasting%E2%80%9D
The common sense explanation, citing admissions from the Fed, is perfect. As a Texas lawyer, that's the way I was trained to pitch jury arguments. When it's done well, it's hard to see any other side. Why on earth would anyone not protect assets from inflation, when the Fed is screaming at us that we'll get it? (although perhaps not this week)
I tend to read very quickly, and your video forced me to listen and think for 4 minutes about what you were saying. Very effective. Thanks.
liked it Bruce, content and presentation. Hope to see more like it in the future. Thanks.
CNN is a joke, a mega-business tied to the hip of the Government. The only real news we can get, are from the Internet or foreign news media. Spitzer may have some news, but I think they have pulled him back.
tied to the hip of the international plutocracy
You don't like Fareed's analysis? You must be a racist, Bruce, an anti-Indian.