Still travelling on business but nice to find an internet connection briefly..
Anyways, we comment often that the mainstream media are basically...hmm.. how to put it nicely? Oh why bother.. they're idiots. Corporate shills who are deeply lazy and don't take the time to do a fraction of the research and investigation that they used to 10-20 years ago?
Here's another example.. this one just struck me in its absurdity, not in the content in the article, but the assumption it makes:
Vatican Calls for 'Central World Bank' to Be Set Up (CNBC) -- "The Vatican called on Monday for the establishment of a "global public authority" and a "central world bank" to rule over financial institutions that have become outdated and often ineffective in dealing fairly with crises. A major document from the Vatican's Justice and Peace department should be music to the ears of the "Occupy Wall Street" demonstrators and similar movements around the world..."
I won't even address why the hell the Vatican needs to be making any public comments on Finance or Economics when its focus should be on Peace, Love and spreading God's gospel. Perhaps time should have been devoted instead to doing a study on how to motivate people to live a more moral, ethical life or treat others with kindness and love. So we can't blame CNBC for that part..
But assumptions we can.
Remember when one assumes, they make an Ass out of U & Me
I don't recall ever reading where the goal of #OccupyWallStreet was establishing centralized banking or a 'global public authority', and I mean Ever!! Its a diverse movement- some want banking fairness, others want the elimination of banks. Some want Wall St to be held accountable and use that free money the Fed gave them to create jobs. Others, like A&G want the market to dramatically drop and for professional investors to hemorrhage money to the point they can't speculate for a very long time.
And a thousand other points of view and ideologies in between
But once again.. nowhere and i mean Nowhere have I heard or read the goal of the movement being the creation of a globalized central bank!
CNBC- you really are second rate
As for us, we'll post again today if the opportunity presents itself.
In all likelihood we'll be doing some more travelling between Tuesday- Wed. night where internet will be difficult, but will update if those plans change