Thu, 22 April 2010
I often say that there are two types of media available for the masses; mass media and massturbation media. Jon Stewart is the latter type of media. Yes, he is funny and he is making funnies about subjects we find interesting... but do not be fooled mon frere, this is not information you are getting, it is entertainment.
The Two Beers With Steve Podcast, now there is information that is also entertainment, hoo-wah!
About this Goldman Sachs thing... hasn't anyone else questioned the political aspect of this? This may just be a political move (it totally is, I'm just playing nice). The SEC is a toothless regulator and after having spent the past decade as a Wall Street puppet the SEC now has the hands of Washington up it's arse.
What I gather is that the current administration (Dem's) has made an excellent chess move and forced the died in the wool free-market Republicans to counter with their 'save capitalism' diatribes. Just imagine how unpopular it will be for Republicans to defend the likes of Goldman Sachs right around election time. You can already see this in the Jon Stewart video, the Rep.'s will go down in flames in the world of his soundbytes. The genuis Daily Show writers will only allow a few words from Republicano's to be taken out of context to make their hilarious point. No need to allow the Republicans to complete a thought, oh no, that works against the punchline.
Don't be bamboozled into thinking that I support the two-party paradigm, I definitely do not. But I understand the chess match played between them and the way the massturbation media perpetuates the illusion of the populous having a choice.
The SEC case against Goldman will play out as much in the financial media as it will in the mass media becasue Goldman has become the rich and ruthless villian that Americans all love to hate. Defending the GS bastards, or even capitalism, or de-regulation, or free markets will be a losers gambit. Oh, what a wonderful move the Dem's have made.
Nevermind the fact that what GS did was immoral or unethical, that has nothing to do with it. This is about POWER and very little about anything else.
Category:general -- posted at: 5:54 PM