Financial Reform: When mainstream media weighs in

Okay, I generally watch our local news in the morning....and that leads directly to Matt, Meredith, Ann & Al. I've watched for years, growing ever impatient as they began to lean further and further towards 'anything politically correct'. It became apparent that they began to define "politically correct"; and during the political campaign before Obama's election, I was sickened beyond belief and decided that I can't trust their journalism any longer. At All.

Now, when the Today Show comes on, if it gets left on because I'm too busy to change it......well, it's really just to stay on top of my game & know what my opponents are thinking. Or sometimes their lack of balanced journalism makes for good entertainment. It's funny to watch Matt get red-faced & riled up when someone conservative challenges his political correctness. No longer are they a resource for current meaningful journalism. They are, in my opinion, socialists, quite possibly more intent on communism and their ability to control every aspect of our lives.

They decide when something is no longer a moral issue. Then, they force their opinions on the entire country, like it or not. Hmmmm. Sounds kinda like a dictatorship, huh?

Well today was just the icing on my little cupcake. I was busy in the kitchen when I heard them discussing the financial reform. Someone mentioned an email to an investor in which it celebrated how the housing crash was going to be a financial benefit.

Okay, for those folks that are unfamiliar with options, shorting, and hedge fund investing........this might seem shocking. Which is exactly what the media wanted. SHOCK media. They found someone to hang in order for the government to take more control and they will paint a picture for the public that will glorify government control.

Now, I'm not saying that everything all brokers do is right or moral, but to throw someone under the bus for making money on a legal gamble is wrong. This is all a part of our financial industry..........and is NOT intentionally preying on disaster. That, my friends, is reserved for the ambulance chasing trial lawyers. But the trial lawyers end up like, oh let's just say John Edwards as an example. And if they are holding elected positions, they will do whatever they can to defend their cronies. Most financial industry people love their work & love the action; despite the heartburn. I loved it.

So, before you listen to lamestream media and allow them to help form your opinion, do a little research. These investments are highly risky and not allowed for those that don't have huge disposable income and can afford huge losses. But if not for the risktakers, there wouldn't be many of the opportunities for the middle class. So, when they occassionally profit from one of their risks, we can't hang them. That's kind of like biting the hand that feeds you.

So, please...........
do research. I know there is a lot of wrong-doing in the inudstry. I'm firsthand witness to some of it. But a government takeover is not the answer.