The Hopeless Press


	The Hopeless Press

Rustee

6-3-2008 9:02 PM

292 views

tags:

media, economy

Rustee says:

Network news shows have been delivering overly negative reports since 2003. This was standard operating procedure, just more horrific than usual. In 2006, 17 network stories drew comparisons with the Great Depression, from U.S. savings rates to climate change.

2 Comments |

Add a Comment

6-3-2008 11:57 PM

tahitiangirl

i'm agree with the comment, it's right.

We should united, all of us !!!

matchdragon.com

6-4-2008 1:44 AM

merrie

As far as I'm concerned, the mainstream media could all
shutter their doors and I wouldn't even notice.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/a4a274dd-da82-4e8f-961d-ece538fb33b4/7CED9F07-44D8-4016-96E4-FA6FB606B2F5/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.ibdeditorials.com/IBDArticles.aspx?id=297292680797480" href="http://www.ibdeditorials.com/IBDArticles.aspx?id=297292680797480" style="font-size: 11px;">www.ibdeditorials.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.ibdeditorials.com/IBDArticles.aspx?id=297292680797480"><P>The major media give us only two degrees of economic news — close to "apocalyptic" and worse. They are so outlandishly negative that coverage of the Bear Stearns buyout was vastly worse than reporting of the 1929 stock market crash.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.ibdeditorials.com/IBDArticles.aspx?id=297292680797480"><P>ABC, CBS and NBC made comparisons to America's worst economic turmoil — the Great Depression — more than 40 times in the first four months of 2008.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.ibdeditorials.com/IBDArticles.aspx?id=297292680797480">Compare that with how the New York Times summed up its own market outlook in an Oct. 30, 1929, story after billions of dollars were lost in record trading.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.ibdeditorials.com/IBDArticles.aspx?id=297292680797480">Words like "optimism" and "hope" shouted off the pages of major newspapers.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.ibdeditorials.com/IBDArticles.aspx?id=297292680797480">It was easy to find good news amid the market chaos in 1929. Even in the Times, the most downbeat outlet studied from that era, positive stories still outnumbered negative ones by nearly a 3-to-1 ratio.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.ibdeditorials.com/IBDArticles.aspx?id=297292680797480">The modern news media had no such "confidence" in the markets.</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/7CED9F07-44D8-4016-96E4-FA6FB606B2F5/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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