Re: Student: "Mrs. K, I don't have lunch money"
They are not being fed anything - theyr'e getting what they want.
the public doesn't want information.
The women want soaps
the men want sports
I bet there's more discussion about Desperate Housewives and the 49ers or the latest UFC than all the financial discussion on the internet and all the news channels and shows put together.
Everyone wants spice, drama, stimulation and strife in everything they consume.
Forget about getting "informed". real wisdom ain't dramatic. Ain't sexy. Ain't gonna sell, ain't gonna happen, noway, nohow, nowhen, just NO.
If they are being mis-informed it's because for decades they rewarded broadcasters that lie. Reward the behavior, get more of it.
most of the "news" these days (which is a small fraction of the mass of signals) is entertainment
And 99% of political and financial "commentary" is telling people what they already agree with, because if you challenge them they STOP WATCHING. For every interview with a Faber or Rogers there's 1,000 with CEOs telling you their stock is great (while they sell truckloads the same day)
If it weren't for the internet things would be a thousand times worse.
Originally posted by Jim Nickerson
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the public doesn't want information.
The women want soaps
the men want sports
I bet there's more discussion about Desperate Housewives and the 49ers or the latest UFC than all the financial discussion on the internet and all the news channels and shows put together.
Everyone wants spice, drama, stimulation and strife in everything they consume.
Forget about getting "informed". real wisdom ain't dramatic. Ain't sexy. Ain't gonna sell, ain't gonna happen, noway, nohow, nowhen, just NO.
If they are being mis-informed it's because for decades they rewarded broadcasters that lie. Reward the behavior, get more of it.
most of the "news" these days (which is a small fraction of the mass of signals) is entertainment
And 99% of political and financial "commentary" is telling people what they already agree with, because if you challenge them they STOP WATCHING. For every interview with a Faber or Rogers there's 1,000 with CEOs telling you their stock is great (while they sell truckloads the same day)
If it weren't for the internet things would be a thousand times worse.
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