Calling on CNBC News catalysts to be fired! Bring Some Honest People in! This will be the key to Ending the Recession!


“Come on now”, that is what I tell myself every time I turn on that damn channel. “Are they telling the truth?” I find myself asking that same question as well. Anyone with a formal education in finance and/or accounting is able to sit there and pick holes in everything they are saying. It is not hard to do, especially when they are telling you to BUY MER and to NOT BUY GOOG, and if they are wrong, they switch it around the next day and pretend they never gave such ill-advisement. A simple way of looking at this wayward thinking is that MER has NO book value and Google does. MER did not profit anything in 2007 and lost all profits from 2005 and 2006. Google has profited and continues to profit. It makes you wonder, how much do these analysts have vested in their current interests? One could say it is a lot. Because of this misguided analyses, the consumer is now losing the greenbacks that could put back in the economy. This loss hurts in many more ways then one, not only is the cash not going back into the economy but it cannot even be invested into something else.

I know, anyone can take it or leave it, which is the power that every trader has. But that is just the problem, we should be taught to be investors, not traders. I think there is a huge difference between Jim Cramer and Macke type of money versus Warren Buffet type of money. First, it was how it is earned. CNBC boys and girls get paid to pump hype, hence there salaries and large portfolios. Warren Buffet actually makes his living off of investing. The point I am trying to say is, the common man has been tricked into the thinking that the stock market is the largest casino, when inherently, the stock market should be an income, investment tool. We have to remember as investors, not traders, that CNBC is full of shit. They have their agenda and we have ours. We like stable growth, not a swing up and down loss. Most people do not even know how to trade in the environment. A word of advice; do your homework, seriously. Look at what they are saying versus reality. You will find yourself in a better boat and able to sleep tonight. Turn off your TV and crack open the Intelligent Investor. Here you will find the truth, not hype, of how to successfully grow your portfolio!