The shopping on "Black Friday" was a major story all day on the major media outlets. Why? What about the shopping habits of these people is worthy of an all day story? If one is out shopping you would not see the story. If one was at home, why report it?
The answers are--corporations own the major media and they want to influence the people into believing all is good with the economy, that is why so many are out shopping. Well, that is bullsh*t! It is just another attempt to get the people to believe that all is well when it is not. People are losing their homes, they are spending more for food and gas. If you are a working class family, there is nothing good in the economic news. If you are a massive investor then you will like the news. But if you have to eek out an existence on the salary that you now make, all is looking dismal.
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Snake oil salesmen.
profit maximization
downsizing
upgrading
If we can keep the consumer confidence index looking high, we can continue believing things are hunky dory.
Until we have three days of consistent falling of the stock market, everything will be made to appear as if it is going great.
If media was to throw out a story that said things are terrible, the reaction of panic would stir a reaction of "sell" bigger than one can imagine.
Our economy is walking on stilts made of matches and the floor is made of sandpaper, but it has been that way for many years.
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