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 Post subject: Re: Market Below Bottom - Sindo
PostPosted: Mon Jul 18, 2011 3:49 pm 
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Anyone who's taking their investment and house buying advice from the Sunday Independent, at this stage, deserves all they get.

I think the Independent should publish nothing but "Ooooh! those rotten banks" and "Confidence is key" pieces up to, and beyond, the sovereign default and Euro implosion.

Let it continue to fulfil it's true function - best to take as many Independent readers out of the financial gene pool as possible.


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 Post subject: Re: Market Below Bottom - Sindo
PostPosted: Mon Jul 18, 2011 4:10 pm 
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Of Systemic Importance

Joined: May 18, 2007
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roc wrote:
Come on. Get real! The mass media is antithetical to democracy as it currently operates.

It usurps the capacity of people to genuinely and democratically come to share their own concepts of things, and reach a shared understanding of what is in agreement and what is not in agreement. It has become merely a 'feedback device' to maintain stability in certain holding of concepts and understanding of reality that is necessary to the status quo. ie. reinforcement of a certain reality. - The institutional character of the device can be easily seen in its deeply entrenched routines, ties with the business and political establishment, promotion of the values of materialism and consumerism, conservative respect for the status quo, and how its 'news' is purely a commodity to be sold.

And it is open to manipulation of course. The kind of manipulation you highlight in your post is only a very crude sort of attempt at manipulation. The Sindo often gets ahead of themselves and full of themselves. Their power goes to their head. The phrase 'if they had a brain in their head, they'd be dangerous' is a fitting one for the Sindo. I posted a diagram of 'how important the media is for democracy' in another thread yesterday that illustrates its working - viewtopic.php?f=54&t=39505&p=522752#p522752

But we are not talking about democracy. It is something very far from a real democracy. As I think my diagram shows, it is a system of control that is far from the ideals of democracy as originally conceived and later expounded upon by men like Jefferson.


+1 Great post.

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 Post subject: Re: Market Below Bottom - Sindo
PostPosted: Mon Jul 18, 2011 5:03 pm 
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Joined: Jun 28, 2011
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What Goes Up... wrote:
Anyone who's taking their investment and house buying advice from the Sunday Independent, at this stage, deserves all they get.

I think the Independent should publish nothing but "Ooooh! those rotten banks" and "Confidence is key" pieces up to, and beyond, the sovereign default and Euro implosion.

Let it continue to fulfil it's true function - best to take as many Independent readers out of the financial gene pool as possible.



Yes, lets punish those who are less intelligent than you! Great idea, very progressive. And what is your plan for these people once they leave the financial gene pool? The reality of the situation is that we'll have to support them - and probably pay back the loan they took out

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 Post subject: Re: Market Below Bottom - Sindo
PostPosted: Mon Jul 18, 2011 6:25 pm 
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Ixelles wrote:
Elka wrote:
If you drop 'past bottom', it's because it wasn't the bottom.


You and your bloody logic. The SIndo will decide where the 'real' bottom of the market is. Just like they were disappointed that the market never got a chance to hit its real peak because unpatriotic know-alls bad-mouthed it into decline before it could reach its full potential.

Seriously, is there a case for collating a whole bunch of this junk and submitting it as a whole to the Press Council?
http://www.presscouncil.ie/
- Cheerleading on the way up
- Cheerleading on the way down
- Producing worthless polls by 'Quantum Research'

I realise INM make up a chunk of the membership but it would at least embarrass them in front of their peers - it they have any shame left. By far the most annoying thing about the SIndo is that it manages to pass itself off as a broadsheet due to the size of the paper it uses, giving middle-aged middle-income middle-Ireland cover for buying a tabloid rag which contains almost no news.


There is surely a book in it for a 'real' journalist or writer - someone in the UK had one out recently enough on the state of the UK press, can't remember now. Also reminds me of Chomsky's Manufacturing Consent and another book by John Pilger in a similar vein. At the least, the sindo deserves a website like http://www.mailwatch.co.uk.

edit: tags


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 Post subject: Re: Market Below Bottom - Sindo
PostPosted: Mon Jul 18, 2011 6:38 pm 
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Location: Stuck in Ahernistan
Re rubbish journalism - if you haven't already read it then run (don't walk) to the bookshop and buy Nick Davies, Flat Earth News. I cannot recommend it strongly enough. Not by coincidence, he was also the journalist responsible for breaking the News of the World hacking stories.


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 Post subject: Re: Market Below Bottom - Sindo
PostPosted: Mon Jul 18, 2011 6:46 pm 
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Objective Investor wrote:
Yes, lets punish those who are less intelligent than you! Great idea, very progressive. And what is your plan for these people once they leave the financial gene pool? The reality of the situation is that we'll have to support them - and probably pay back the loan they took out

Listen, if they're taking their buying cues from the Independent at this stage of the game - they're only one branch above using a dartboard on the evolutionary tree.

This is the magic beans and x-ray specs demographic.

Save your compassion for the deserving.


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 Post subject: Re: Market Below Bottom - Sindo
PostPosted: Thu Aug 11, 2011 11:20 am 
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Too Big to Fail

Joined: Aug 31, 2010
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Ixelles wrote:
By far the most annoying thing about the SIndo is that it manages to pass itself off as a broadsheet due to the size of the paper it uses, giving middle-aged middle-income middle-Ireland cover for buying a tabloid rag which contains almost no news.


+1

Great post by roc also. The diagram is excellent

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 Post subject: Re: Market Below Bottom - Sindo
PostPosted: Thu Aug 11, 2011 1:43 pm 
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Joined: Sep 14, 2010
Posts: 453
roc wrote:
Come on. Get real! The mass media is antithetical to democracy as it currently operates.



roc, for your correct use of the word antithetical I hereby deem you to be a closet intellectual.

http://www.mikalatos.com/2006/01/top-te ... ctual.html


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