Tuesday, April 13, 2010

How Financial Reporters Create Illusion to Cover Up Wall Street's Scams

from Alter Net. The headline says it all, but read the details of how mainstream media, particularly the financial media, keep us believing in the system and consuming.
For some reason, that desire for great expectations unmoored from reality perseveres, and remains enchanted by a political and economic paradise that is not only incorrect, but impossible. Instead of continuing to rely on those who can't seem to separate their perception from reality, we should be ignoring them outright. If anything, we shouldn't keep paying them for being wrong when it literally counts, which starts with the headlines and ends with our wallets.