ext_104704 ([identity profile] metahacker.livejournal.com) wrote in [personal profile] jducoeur 2010-06-29 07:58 pm (UTC)

Every time I read the WSJ I come away stunned, because the articles are written from a point of view so divorced from reality as I understand it that I worry. And always in the same direction--very slanted toward how business is defending itself against ever-harmful government intervention, how short-term measurements are the only way to judge the success of a company, and relating the things you should have done yesterday that would have made you rich (but do them today anyway so you can make the early birds even richer).

I consider all of those to be harmful messages, whipping the market into a frenzy. I imagine this is very beneficial to stock brokers and others who trade for a living.

I wonder how much of this is just playing to an expecting audience, and how much is purposeful programming. But at some point, the moral effect is the same.

Post a comment in response:

(will be screened)
(will be screened if not validated)
If you don't have an account you can create one now.
HTML doesn't work in the subject.
More info about formatting