Sunday, October 23, 2016


1.  Historically, America's 'news' industry has tended to be heavily dependent on advertising from industries the 'news' industry has been supposed to report on to provide actual news coverage for the general public.

History is the version of past events 
that people have decided to agree upon.


2.  Providing good news to sustain economic growth may have been good for the profitability of 'journalism' in the near term, including the parent companies that own the most profitable information dissemination properties, while the distribution of unprofitable news has been artificially diminished.

The most important service rendered by the press and the magazines 
is that of educating people to approach printed matter with distrust

Samuel Butler (1612-1680)

3.  Some journalists report on investment strategies that have recently reported impressive business results, inadvertently providing justifications for investors to buy high and too late rather than at a low point before or during the time that initially created the performance numbers.

Half the work that is done in this world is to make things appear 
what they are not.

Elias Root Beadle

4.  Some journalists focus on fictionally exceptional economic reports to provide empirical evidence to substantiate establishment control of the means of production.

A lie told often enough becomes the truth


5. The establishment’s profitability depends on convincing most to not understand information they should.

Get your facts first, 
and then you can distort them as much as you please

Mark Twain

6.  Most informational and investigative financial multimedia news sources are owned by large publicly traded multinational corporations and large institutional shareholders with an inherent interest in rising financial markets and imposed centrally controlled stability.

7.  Some of what may be reported in the financial press may be examples of what was a good investment as opposed to what may be a good opportunity.

The secret to success is sincerity.  

Once you can fake that, 
you can accomplish anything


8. Some large institutional investors and multinational corporations have ethical conflicts of interest in the ownership of multimedia financial news outlets controlling most of the information we absorb.