I just heard CNN's week-end money team giving stock tips to their viewers to "recession proof" their lives. Now, I don't doubt that there are great buys to be had in the market and that some people may be in a position to invest right now and make some big bucks over the long haul. But if the hosts of the show also feel it's necessary to first explain what a stock is and tell them that the odd letters on the screen stands for the company's ticker symbol, I think maybe stock picking may be over the heads of their audience.Is it just me, or does it seem like the teevee "news" has become one long series of infomercials? I know there's a sucker born every minute, but at the rate these fuckwits are going, they're going to bankrupt their supply before the next generation of suckers come of age.
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29 March, 2009
When Numbnuts Advise Novices
Digby has a great point here:
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