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Re: Fired Editor Alleges Rockstar Review Pressure |
Apr 7, 2010, 23:12 |
Beamer |
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1. INVESTORS don't watch CNN or MSNBC. It's useless. If they watch anything at all, they watch Fox Business or CNBC. But mostly they are researching on the internet or in trade publications.
Certainly. Every single person in his/her 50s with a portfolio in the six figures only watches Fox Business and CNBC. They never put on CNN. How right you are.
2. Business to business ads? Do YOU work for a large corporation? The execs aren't watching CNN or Fox News unless it happens to be on in the airport. Add to that the ads aren't even hawking business services. They're "feel good" ads. They're designed not only to latch media companies into a revenue stream, but also as propaganda to make the world feel okay about them. That disinclines the public to believe stories about such companies polluting or bilking consumers or whatever when accidents or scandals happen, if such stories even get air time.
Sure. I mean, Toyota is one of the highest spenders in the country. Nice to see how their recall failures were swept under the rug for it.
3. News organizations are critical all the time? Where were the mine safety stories before the Massey mine blew up? Where were the stories about the housing bubble and derivatives trading before the market crashed?
For one, it's insane that you think anyone in the media was paying attention to mining. If BusinessWeek put mining on the cover over the next iPhone would you have purchased that issue? You really think the mining industry bribed the media to ignore this? Holy crap!
For another, I'm amazed that you think more than a handful of people were aware of the impending CDS issues. Now you're confusing incompetence for evil. I'd assume, then, that you think all the people taking out mortgages that they knew were too large and buying houses they knew were too expensive were evil, too, right?
It's extremely naive to think otherwise
Naive is watching too many scifi movies and thinking they're reality. |
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