60 Minutes vs. CNBC
I watched Ben Bernanke's interview on 60 Minutes last night. I thought he did a pretty good job overall. I'm not going to comment much more on that though. I was more amused by the reaction to it.
I flipped on CNBC this morning. They thought he did well too. They also told me to make no mistake though. Bernanke's talk was intended for the general population and not the typical CNBC audience.
I nearly lost it in a fit of hysterical laughter. Seriously!
They sure got that right. Ben Bernanke talked to the interviewer in a calm and relatively relaxed environment about the serious issues our country is facing right now. There was no screaming. There was no array of sound making devices for him to push every time he made a point ("Mad Money"). The were no "Boo-yahs!!!" There was no lightning round. And lastly, from what I could see there was very little crappy advice, lol.
January 30, 2008
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2 comments:
My equity position is simple - I own none. Partly because my occupational pension scheme owns lots, alas.
dearieme,
My equity position is simple - I own none. Partly because my occupational pension scheme owns lots, alas.
Ameritrade offered some simple advice to me today. I was sent an email that said, "Time is running out."
It turns out that it was not intended to be a dire warning though, lol.
They just wanted me to know that if I don't deposit a LOT more money by the end of March then they won't be able to give me a FREE Garmin nüvi 265WT and I apparently won't be eligible for a free Retirement Checkup.
I can picture the Checkup thinking now.
What the bloody @#$%? Why the @#$% don't you own any @#$%ing stocks! Good grief! Your haven't even made one @$%%ing trade in the last year. How the @#$% are we supposed to make any @#$%ing money off of you!
I can also picture what will be said.
Nobody ever loses money in the stock market long-term.
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