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Schwartzenegger petitions Treasury for $7B loan --CA has insufficient funds to make goddam payroll 15 Oct.
Diversity is the key to economic and political evolution.
you are the media you consume.
Everyday the public German TV shows a couple of minutes how the stock market did, despite probably less than 5% of the population actually own stocks represented in the DAX. And of course that kind of information wouldn't be good to make investment decisions.
Given that most days are rather randomly on the stock market, and not determined by the one big news, I don't see a great newsworthyness in the stock market. In times like the current crisis, it might be newsworthy however, but you end up with one number (change of the index) and a gazillion possible explainations, why it moved now that way. For measuring the healthyness of the overall economy there are plenty of other numbers like GDP growth, unemployment etc.
On public TV, instead of stock market news, they should have a little segment, where economy is explained (e.g. how comes the money into the system, how is it prevented, that a bank simply adds a couple of zeros behind its cyber money, what are derivatives, or more controversal issues, and chage the guest experts every day).
Der Amerikaner ist die Orchidee unter den MenschenVolker Pispers
Mostly just u.........
And I'll give my consent to any government that does not deny a man a living wage-Billy Bragg
DW TV, N24, n-tv too. Annoys me to hell, too. But when the stars of our age are brokers, and our business people dream to be like American counterparts and our media people too, this is what you get.
One whose delusions are out of fashion.
Gray Davis was responsible for the electricity crisis of 2001/2002 all by himself, don't you remember?
And any recollection of the Enron trading shenanigans or the fact that the legal framework that allowed California residents (including yours truly at the time) to be fleeced by the energy traders was put in place by the previous Republican Pete Wilson administration must be a figment of your imagination...
Republican's stewardship of the economy is just peachy; now can you spare some change? They have this tiny teensy lil'l $700B package to put together...
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