n2sooners says: Every broadcast, it seems, warned about something involving the economy — jobs, growth, housing, outsourcing, retail sales. You name it, the media covered it. And their reporting was often wrong. Sometimes journalists gave up promoting cataclysm and decided to cheerlead for it. In a Feb. 20, 2008, column, the Washington Post's Steven Pearlstein attacked Wall Street, saying "the best thing that could happen to our economy is for a dozen high-profile hedge funds to collapse; for investment banking to enter a long, deep freeze; for a major bank to fail." It's smart of the major businesses to offer a product and get millions of people to fall for their scam and then when the people want their money they are mysteriously broke and now the government(which is funded by people and drugs) bails the company out with tax-payer money. In the end the common-man gets screwed. History usually repeats itself. |
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