What is Wrong With Our Financial Press

It's the end of the world! Repent now or be lost forever! We will never see good times again!

Sayings from religious nuts? Rantings of a lunatic? No just the popular press on TV and in print creating another crisis. It's as if someone turned a switch and now,according to them, we are forever damned.

Why the “Doom and Gloom”? Because it sells newspapers and TV shows that's why.

Amazingly the TV people tell us we don't want to hear “happy stories”, just about who is being bad and
that we are having a crisis. How do they know? They never try the other way, except during the “soft news” portions about cute puppies and kittens. Why don't they focus more on success stories and the good that is happening in the world? Because they don't really know what is going on, they are just repeating feeds and wires passed to them. Hey it's easier than actually working eh? Besides it helps spread the gospel of “group think” and they all want to be good drones.

The main reason for this of course is the narcissistic nature of the society these days. (Of course it is easy to blame it all on the baby boomers, but the younger generations are even worse. Proof you say? Well just look at MySpace, Facebook, YouTube, etc. and see the “Look At Me” nature of all the posts and whining). So everyone wants to think that this is the worst ever because that means we are now part of history. Guess what, it's not, and the press knows it, but it doesn't sell ad space to admit that.

The exception of course is sports reporting where today's stuff have to be the “Best Ever”, even though they don't take into consideration the advances in technology and money issues etc. Yes, instant gratification for dummies.

But I regress.

Are times bad? Yes.

Have they been like this before? Definitely.

Will good times ever return? Of course.

When? In the next few years.

What is happening is called “A Business Cycle”. Things go up and then come down, then back up, then back down, then.. well you get the picture. It has been happening since day one, the cavemen and cavewomen had it easy, they just migrated to better areas when things looked bleak in their environs, hence how the world got populated over time. Of course we can't do that enmasse, but we will adapt and things will turn better, and we will all be the stronger for it.

But the same people who have been predicting that “There Is No End In Sight For Good Times” are now predicting “No End In Sight For Bad Times”. And they claim to be professionals? Professional what? The these so called “Journalists” are only newsreaders picked because for their looks and personalities. It is disgusting that these idiots are even on the air or writing for newspapers and magazines. Worse are a lot of these special shows. There are some, to be fair, that are good and those few people actually know what they are talking about. You know who you are and who I mean. But the majority are just good at moving their lips and making coherent sounds come out in pleasant voices.

What should you do? Well if you are smart you would just ignore “Doom and Gloomers” like the New York Times, Washington Post, etc and most TV Talking Heads. You will be surprised at how things are actually not as bad as they seem if you observe readily what is going on.

Sure there are bad things happening, but it is not the end of the world (that comes on December 21, 2012 if the Mayans are to be believed, but that's another story for another post). But by keeping our heads and helping out one another, we will survive and be ready for the next uptick, which should be around the autumn I believe.

Be sure to stop by weekly for more tips, trick, techniques and observations on “Living the Champagne Life on a Beer Budget”.

Mahalo.

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