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Happy 4th July Project! Five Truth Telling Bears on Network TV in One Day? Smells like a Set-Up!



July 02, 2009 – Comments (2) | RELATED TICKERS: GS

Today was an absolutely amazing News Day, I would guess only because Americans were on travel the Legacy Media, decided to give the Truth Tellers some "air time". 

I saw on the News Today:

1. Writer of Greenspans Bubble's, Bill Fleckenstien, who called for the end of the FED on MSNBC

2. Prof Shiller, of the Case-Shiller Index, was showing the housing bubble on MSNBC

3. Dr Michael Hudson was unloading wisdom on Al Jazeera, explaining that debt was the problem and many Wall Street got rich from the bail out (I cannot find the video)

Here is Michale Hudson back in April 09

4. Black Swans writer Talib was on CNBC's Squawk Box, "We are in the Middle of a Crash"

5. David Tice was on Bloomberg

The Legacy Media is dying, no more NeoCon controlled lies....WSJ internet viewing is down by over 50% in one year. The percentage decline is greater than for the other three, and the future of the other three is grim.

Here is the good news here:

CHART OF THE DAY: People Spend Less Time On Newspaper Sites

Happy Forth of July!

2 Comments – Post Your Own

#1) On July 02, 2009 at 10:57 PM, FreundInvesting (28.84) wrote:

Good to be a bear today.. that's for sure.

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#2) On July 03, 2009 at 9:32 AM, TMFJake (58.34) wrote:

Abitare, thanks for the news roundup!  Krugman argues today that we need another stimulus.

Whether you agree with this type of economic policy or not, if you agree with Krugman's assessment of our economy, and I do, then it sure points up that there's more downside risk than upside opportunity.  Now, more intervention may create that upside opportunity--regardless of whether it's good economic policy or not. :)

Have a Happy 4th!

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