BLooMBeRGaNDa...

“The conscious and intelligent manipulation of the organized habits and opinions of the masses is an important element in democratic society. Those who manipulate this unseen mechanism of society constitute an invisible government which is the true ruling power of our country. ...We are governed, our minds are molded, our tastes formed, our ideas suggested, largely by men we have never heard of. This is a logical result of the way in which our democratic society is organized. Vast numbers of human beings must cooperate in this manner if they are to live together as a smoothly functioning society. ...In almost every act of our daily lives, whether in the sphere of politics or business, in our social conduct or our ethical thinking, we are dominated by the relatively small number of persons...who understand the mental processes and social patterns of the masses. It is they who pull the wires which control the public mind.”

Edward Bernays 

Via Techdirt---

The latest war on comments comes courtesy of the folks over at Bloomberg. You may have noticed that the Bloomberg media empire recently went through a bit of a consolidation and redesign under the leadership of former Verge editor-in-chief Josh Topolsky. Buried among the vertigo-inducing fonts and amusing new 404 warning, is, you'll note, a very obvious lack of user comments. This is, to hear Topolsky tell it, because comments don't actually reflect your community:

"I've looked at the analytics on the commenting community versus overall audience. You’re really talking about less than one percent of the overall audience that’s engaged in commenting, even if it looks like a very active community,” he says. “In the grand scheme of the audience, it doesn't represent the readership."

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Bloomberg is all about news

They don't want to hear readers views

Everyone tries

To point out their lies

And truth's not a fact they can use

The Limerick King

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Comments

[graveheart]

Vic, can I hire you as my financial advisor? Without understanding anything you have stated you make more sense than anyone else I've talked to.

[philipat]

All they expect is an honest opinion exchange. That is, you come in with your own opinion but exit with theirs...

[daveO]

"I've looked at the analytics on the commenting community versus overall audience. You’re really talking about less than one percent of the overall audience that’s engaged in commenting, even if it looks like a very active community,” he says. “In the grand scheme of the audience, it doesn't represent the readership."

Jews make up about 2% of US population.

[GetZeeGold]

at some point those who hold the commodities get wise to your game and hold their products off the market.

Just try to trade your paper commodities for real commodities in the marketplce......good luck with that.