Monday, February 4, 2008

Headlines... How Do they Know?

It is very strange to read what investors are thinking according to an AP writer... how can he possibly know what the collective wisdom of millions of investors are on a given day? I think it is instructive to see plainly how news organisations just make up facts to go along with events. And especially in the business area, where so many have so much at stake.

Along with Gloria Steinem, it turns out CNN's Anderson Cooper is (ex?) CIA, as Bob Woodward (ex?) Naval Intelligence.

Do you rely on the news? Is this a problem for you? Perhaps there is a small business to be made in news. (Actually there are plenty doing this right now, I think it is called free press.)



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