Newsweek – MSM Worth Reading

Posted by Thraxxus on Jan 29th, 2010 and filed under Business, Politics. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry from your site

I am not a fan of Main Stream Media (MSM for you not in the know). I see most of it as total bunk paid for by certain groups and steered by revenue needs not news. I don’t really see Newsweek as a news source, which is amusing given that it is actually called Newsweek. I do however see Newsweek as a great place to read direct, and often times really mean opinions. I like it when people in MSM aren’t afraid to talk about rough issues.

This morning’s headline on Newsweek is: Wall Street’s Fishbowl – How Banks Brought on the Scrutiny. I highly recommend reading the article as it says some pretty funny stuff. Example?

“But if the banks want us out of their business, they should get out of our business first. We’ve (barely) lived through a 40-year period in which investment banks, which had their origins in partnerships, have imposed themselves on us. They effectively moved into our house, raided our fridge, and set the joint on fire. Now they’re complaining that our renovation efforts are cramping their style.”

Amen brother. In an time where the American people bailed out big banks when they were supposedly going to crash, only to witness record profits for them as a result as well as record bonuses for big whig Executives one really must wonder: WTF?

3 Responses for “Newsweek – MSM Worth Reading”

  1. Caravaggio says:

    Nice posting. I concur…WTF?

  2. Thraxxus says:

    CONSPIRACIES! NONSENSE!

    Or… not?

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