mosydavid: richa.singh: Business and Financial News: Why - Typepad

The news sure isn't what it used to be, in fact, I am even amazed at some of the stuff that I hear on the TV Financial news, as commentators give it their best guess on potential solutions to solve the economic crisis. All these notions about too big to fail, nationalizing banks and having the government decide who gets paid how much is just a lot of hot air.

Indeed, I feel embarrassed for some of the news reporters as they misspeak on issues surrounding capitalism. You know, maybe we ought to tell our news reporters that they cannot comment on business matters unless they had once run a business? I mean anyone can get a nice haircut, nice suit and smile for the camera with a little make-up and a complete make-over. Heck, why is it that anyone who can read a teleprompter is assumed to know what he's talking about, come on already.

We live in the most powerful and greatest nation on Earth, it is by far and away the most awesome country ever created in human history. Why you ask? Simple, one word actually, it's called; Capitalism. And it's just amazing that no one gets it. Maybe a re-read of Ayn Rand's Atlas Shrugged is in order for all those news commentators and newspaper reporters who love to take a jab or make a persnickety comment in their otherwise shallow news stories.

And why is it that the editors of these TV News programs, newspapers and radio segments allow this nonsense to be played on the air, why It's pure opinion and it's not based on anything. Socialism doesn't work, communism is a dead end (literally) and we've proven capitalism pushes people, society and civilization up. Next time you hear someone on TV or read an article in the newspaper trashing capitalism, consider the source. There is someone who has never once had to make a payroll.

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