nottheSEC (72.43)

We need more specialized media coverage not geared on "INFOTAINMENT" in everyday media.

August 04, 2009 – Comments (0) | RELATED TICKERS: STU , PID

  I believe news casts are grossly irresponsible when they do not provide an expert in the field with a proven track record. We now have to deal with poor performance money managers,non-doctor health experts and non-meteorologist weather people reporting their opinion as fact. This is not dangerous for people that are even moderately schooled in a discipline because they have their scholarly sources the uninitiated often act on these opinions.     

i.e.

 1) The economy is discussed and a company is highlighted from a person reading a teleprompter who has little experience in economics and less in trading. A person invests     without due diligence or an understanding of the term.   

2) A  "health expert" exaggerates a West Nile outbreak warning or salmonela warning. The result is people stay home or do not buy a product.  

3) The nice-looking non-phd weather person says its not gonna rain and gee it does.  

  I understand generalized newscasts/ papers/ common internet sources are done to entertain because our attention span is waning in America. I also understand that news is now big business and has to make money. In the the past when it was a money losing pride and joy hallmark of the outlet it was presented on.

ENOUGH is ENOUGH already hire a financial guru,doctor and meterologist and let the uneducated reporters cover pets being rescued. At least get a syndicated expert in for 5 minutes if you are a small market. MY TWO CENTS>>>J