Tuesday, February 28, 2012
Fox News Did What??
This video is of an Iraq war veteran (and an anti-war activist) questioning John Bolton about the moral implications of the war. Mr. Bolton not only doges the question and doesn't answer, but he insults the veteran.
While Mr. Bolton is certainly allowed to his opinion and free speech, what Fox News did afterwards is inexcusable. At the actual event, Bolton was booed and received no applause. In order to make Mr. Bolton look a bit more well received, however, Fox switched the reaction from the actual clip to a reaction clip from the previous year, which showed Bolton being enthusiastically cheered..... and a different questioner!
Fox responded to the allegations saying that it was a simple mistake.
Fox... We all know this isn't a mistake. Not only are you a huge national news station and can't afford a mistake like that, but this mistake happens to only further your own agenda. No one is believing you.
To view the original true video (unedited), visit this link http://goo.gl/7T0Y2.
The war vet's blog is http://buck-the-system.blogspot.com/.
Wednesday, February 8, 2012
Borrow... Borrow... Borrow... CRASH!
According to CNN, private Americans (people, not the country) borrowed over two trillion dollars in December. The anchor followed this news by implying that this was great news that the economy was on track to be the way it was before the recession.
To put it bluntly... This is NOT great news! Excessive borrowing is what brought the recession down on our heads in the first place. People took too many loans from banks that didn't check credit, and when the time to repay the banks came, people realized "Whoops.. I don't have any money to pay you back with." So the banks foreclosed on the borrowers, people lost their houses, cars, children and wives (ok, not those last two), and their jobs. Then the government stepped in with the stimulus, and now when things seem to be genuinely getting better, you tell us that people are racking up thousands of dollars in debt again? And you tell us that this is a good thing?
CNN, you aren't what you used to be, but this is just too far. Any economist could tell you that debt is not good. You do not need that 60" 3D Hi Def TV complete with Bose surround sound speakers. Not if buying it means going in to debt anyway.
You should only go into debt for important, huge purchases or investments like buying a house and going to university. Not even buying a car requires debt. (Instead of making payments to the dealer for five years, make payments to yourself for five years, so when you need a new car, you have the full amount of money ready and waiting for you).
Yes, debt is, as the anchor said, as American as apple pie. But since when does that mean it's right?
To put it bluntly... This is NOT great news! Excessive borrowing is what brought the recession down on our heads in the first place. People took too many loans from banks that didn't check credit, and when the time to repay the banks came, people realized "Whoops.. I don't have any money to pay you back with." So the banks foreclosed on the borrowers, people lost their houses, cars, children and wives (ok, not those last two), and their jobs. Then the government stepped in with the stimulus, and now when things seem to be genuinely getting better, you tell us that people are racking up thousands of dollars in debt again? And you tell us that this is a good thing?
CNN, you aren't what you used to be, but this is just too far. Any economist could tell you that debt is not good. You do not need that 60" 3D Hi Def TV complete with Bose surround sound speakers. Not if buying it means going in to debt anyway.
You should only go into debt for important, huge purchases or investments like buying a house and going to university. Not even buying a car requires debt. (Instead of making payments to the dealer for five years, make payments to yourself for five years, so when you need a new car, you have the full amount of money ready and waiting for you).
Yes, debt is, as the anchor said, as American as apple pie. But since when does that mean it's right?
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