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Post by comokate on Feb 22, 2011 21:19:15 GMT -5
"I do know that if you ask 10 economists what got America out of the great depression you will get 10 different answers..So I assume that most economist have their opinion on which leading indicators carry the most weight, that is what I meant by which side they take..." I know that I'm going to regret this, but: a. Give me your source of information that 10 economists will give you 10 different answers about how the US got out of the Great Depression. C'mon, you just made that up, didn't you? b. What makes you think that economists form opinions on what they have defined as the overwhelming, primary indicator for market movements. I think you just made that up, too. The damned internet is the problem. People can just google with any kind of loaded searchwords they want and read crap that they soak up like diarrhea onto a Shamwow. The engine and their selections give them what they want and as much of that that they could ever read. Doesn't matter to the reader that the writers may have no credentials or minor credentials. Just suck up that brown stuff. Ooooh, so tasty! And remember, it is just the flavor that they want. By reading that other mooks 'think' like they do gives them all the proofs they need. God, has this country dumbed down. "It is something so reasonable & straightforward to give, and its value is raised geometrically by the one who receives." *cough  And yet here you are reading posts by "mooks", and submitting posts for "mooks", via that "damned" thing called the internet... The "damned internet', as you call it, has been credited as being a technological breakthrough for the exchange of information that may equal, in importance and change for society, the invention of the removable type printing press of Johannes Gutenberg in the mid-fifteenth century. "Our history is filled with stories of individual crusaders who published fiery newsletters supporting or decrying some government policy. For example, the Federalist Papers by Alexander Hamilton and James Madison were written in the support of the proposed U.S. Constitution. The Liberator was a fervent anti-slavery newsletter published in Boston by William Lloyd Garrison, a Quaker abolitionist. However, there was a limit to the audience that these early crusaders could reach, set by the cost of printing and the time required to distribute these newsletters to readers, ( at the peak of it's influence, The Liberator had a circulation of fewer than 3,000). The Web has changed all that. It costs virtually nothing to write down our thoughts on a Web page and if your ideas become widely discussed ( perhaps by being mentioned on TV, radio or in the newspaper) a blog might be accessed by millions of readers." G.Michael Schneider, Comp Sci Department/author, Macalester College, St. Paul, Minnesota |
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