Comments on: So Much News, So Little Truth

By: pacatrue

pacatrue — Mon, 16 Mar 2009 01:59:45 +0000

Just to be annoying, I would like to mention that there are at least three meanings of the word “is”. One is to assert existence. The universe is. Second is as what's called a copula verb and it hooks one noun with another noun, or a noun and adjective. Grass is green. Cassius Clay is Mohammed Ali. Third is as a simple auxiliary verb and is used to put verbs into different forms, such as “is used.” I've never read the greater context for Clinton's statement, so don't know what he was trying to get out of there, but there are in fact multiple meanings of 'is'.

By: superdestroyer

superdestroyer — Sun, 15 Mar 2009 22:11:51 +0000

The probllem with business journalism is that is covers little about business. Most of it is stock trading journalism with little discussion of the underlying businesses. Buisness radio is even worse since it is mainly day trader radio with investment gimmickery and estate planning on the weekends.

Only on days when Wall Street is close is there any reporting on CNBC about business operations, management, accounting, etc.

By: coxsackie

coxsackie — Sun, 15 Mar 2009 17:15:40 +0000

In the pursuit of truth shouldn't accuracy be the over-arching goal? The use of “accomplices” is charged and not entirely. Madoff was the classic afinity scam. Wouldn't “enablers” and “dupes” be a better comparison for those who lost their proverbial shorts.

I think Stewart's point was that mortgage equity market was like the old phony betting parlor scams. Controlling and corrupting the information spigot keeps the wheel's turning. The trick is shutting it down before the cops, oh wait they're on the payroll….

twitter: @coxsackie