Posted 9 years ago on Oct. 23, 2011, 11:15 a.m. EST by ShowRealHist
This content is user submitted and not an official statement
Condemn venal journalism for severely fooling the people by hardly ever showing asset price histories that look like cocaine intoxications. Here they are: http://www.showrealhist.com/begun.gif http://www.nytimes.com/imagepages/2006/08/26/weekinreview/27leon_graph2.html http://www.showrealhist.com/RHandRD.html
Bubbles are well-shown -- these histories are kept out of sight, because the ‘establishment’ make more money from bubbles. The ‘establishment’ are conpersons first.
Consequence? -- “The financial crisis that afflicts the country is largely a result of speculative bubbles, built on false hopes, in the housing and stock markets.” R.J. Shiller, here: http://www.nytimes.com/2008/11/09/business/09shiller.html
Venal journalism talk: “The public’s right to know”. Venal journalism walk: “The public be suckered”.
Adolf Hitler originated the term “The Big Lie” in his Mein Kampf, 1925 http://en.wikipedia.org/wiki/Big_Lie and Nazi practice included much of ‘deception by omission’.
America’s brainwashed reality derived from the superior cash flow of journalistic nonfeasance.
Condemn venal journalism for severely fooling the people.