Do you enjoy getting financial tips and news from blogs like ours? Well enjoy it while you can - because if OBAMA! has his way, we're toast!
"I am concerned that if the direction of the news is all blogosphere, all opinions, with no serious fact-checking, no serious attempts to put stories in context, that what you will end up getting is people shouting at each other across the void but not a lot of mutual understanding."
Never fear, dear reader - he's got a plan. The Senate is floating potential bills that will aid the newspaper industry!
Not gonna blog in my house.
Fast Company Magazine put together a nice rebuttal - parodying that long forgotten document, The United States Constitution - penning an "open source" letter to Obama entitled We, The Blogosphere.
OK I have to admit, I'm not worried in the least. First of all, as technology has advanced, it has always liberated the individual. I wouldn't expect government meddling to prevent this - in fact, it may actually accelerate it! Ha!
Plus, our government is quickly losing whatever credibility it has left. The citizenry is pissed. The mass media is missing this story (what else is new) - your average citizen is more fed up with bailouts and totalitarianism than you might think from watching CNN.
In fact, I'll bet we could see some real fireworks when the next leg down in the market comes. If folks are this pissed with the DOW pushing 10K once again, let's see how they react when it drops below 5000. It's not gonna be pretty!
Stay tuned to this blog for more breaking news on these developments.
Anyone actually read this old rag anymore?