Comments on: Are You Addicted to Financial Pornography?

By: Learn How Markets Really Work from Ken Fisher | Word Sell, Inc.

Learn How Markets Really Work from Ken Fisher | Word Sell, Inc. — Fri, 16 May 2008 11:16:54 +0000

[...] are all victims of financial pornography. Mainstream media does a horrible job of explaining what’s going on in the economy, why [...]

By: Dick Garbe

Dick Garbe — Tue, 18 Mar 2008 15:51:53 +0000

Theory: Money. As Sam Zell recently told the staff at the Tribune, “after we make money, then talk to me about journalism.” Everything today is about content, and the battle to get your content in front of the consumer.
“Content” no longer is limited to TV; it is cell phone, video-game (the Nintendo Wii has a built-in web browser with wireless networking and games can be played over the web), print of any kind, internet… All just forms of communication that occupy the consumer’s time – that is, they all are forms of entertainment, designed to get a commercial message in front of the viewer/reader. Just a theory, but I think a very good one. Maybe the Wall Street Journal is there to inform/educate – that is the one stand-out that comes to mind.
Dick G.

By: Brad Shorr

Brad Shorr — Tue, 18 Mar 2008 12:43:55 +0000

Hi Dick, thanks for stopping by Word Sell! You have to wonder if 24/7 TV broadcast and the steep decline in print media are making journalists desperate. Does your nephew have a theory as to why this has happened?

By: Dick Garbe

Dick Garbe — Tue, 18 Mar 2008 03:21:05 +0000

Brad, Well said! Ditto! Kindred spirit, you are. I’ve said this for some time, although not so eloquently. A nephew who graduated from Medill at Northwestern responded to such a critique of “journalism” with, “Don’t you know, for the last ten years at least the media’s focus is on selling entertainment – the “news” is just the vehicle they use. It is not meant to inform or educate the public.”