Monday, November 17, 2014

Confidence Lost - (Or When Words No Longer Matter)

http://www.zerohedge.com/news/2014-11-17/confidence-lost-or-when-words-no-longer-matter

Words, numbers, earnings and more at one time had a believable meaning. But that was a very long time ago. So long – even the news media seems to have forgotten what the meaning of words like business, free markets, capitalism and others once meant. Now it's nothing but a televised version of crony styled capitalism cheerleaders rolled out one after another in such procession P.T.Barnum would be proud. The problem is the more they talk – the more people tune out. For no amount of words stated matter any longer. Nor do the myriad of “charts” “reports” or so-called “facts” they hold up as evidence. No one is listening or watching.And what’s worse? Nobody now cares.

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