Friday, September 26, 2008

What it's all about

Ahh... a place to discuss what's really going on in the world.

Ever get that feeling that things are not as they seem? I live in that world. My experiences as a professional banker as well as my former work in professional ministry, politics, and entertainment have proven that reality to me time and again.

Often times what gets disseminated as truth in the news is very often either masked agenda or simply someone's biased opinion. For instance, when you hear a "Wall Street Insider" telling NBC news that "the markets have great values in them as long as people don't panic." Do you think he honestly believes that completely? What about the fact that he has money in those markets and is subject to losing it if others panic? Regardless, though, if you really think about it, is it reasonable and right for the average small investor to leave their money in this volatile market? Of course not. Big hedge funds, mutual funds and trust funds? Sure, they can stand the losses, but can the average family with a few thousands dollars? No. But he tells them to stay anyway.

What's behind the news? Why is one pundit so vehemently convinced he absolutely right and the other is absolutely wrong? Someone is obviously lying. Why? I'll let you know.

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