Comments on: Weigh In: What Did the Media Miss?

By: Randy

Randy — Wed, 08 Oct 2008 21:50:02 +0000

The media missed what the pain everyone is going to experience. The pain is jobs. Not one of the politicians, economic wizards, nor the media want or will talk about double digit unemployment.

You can refinance as much as you want, but if you don’t have have job it’s a moot point. Jobs creation needs to be the number one priority for everyone. People working keep things running by paying there taxes, having enough for food and shelter, keeping themselves healthier.

This is the biggest part NO one wants to report.

By: Proud to be an American

Proud to be an American — Wed, 08 Oct 2008 21:49:38 +0000

Pelosi says $150B economic stimulus plan needed

DENVER – House Speaker Nancy Pelosi said Wednesday that a $150 billion economic stimulus plan is needed now because of the faltering economy and she may call the House into session after the election to pass it.

God Bless the new American’s…Eileen and Ben Dover

By: Proud to be an American

Proud to be an American — Wed, 08 Oct 2008 21:48:31 +0000

Pelosi says $150B economic stimulus plan needed

WTF!!!

By: keith

keith — Wed, 08 Oct 2008 21:47:52 +0000

Just give it to us the American people straight. We get enough run around from our great leaders in Washington. I think there should have been more coverage of other ideas not just this bail out.

By: Kathy

Kathy — Wed, 08 Oct 2008 21:18:51 +0000

Baby Boomers are angry.. everyone is angry.
The media reports our debt and lack of saving but in the last decade while thinking WE were going to be better off than our parents, we have come to realize that we’re not. Our parents had very modest incomes and could save, help pay for their kids local college costs, reasonable home costs , eventually have a paid for home, reasonable taxes, affordable cars, a modest pension. While WE are allowed by the government(because we are middle class ) to Borrow the entire cost of a child’s college. What was saved was not nearly enough and the kids have loans too. We have less in our paychecks because we fund our own pensions, a bigger and bigger share of healthcare, high daily living expenses….gas…food…heat…and no raises to make up for these deficits. Our incomes have not kept pace.
Not everyone was buying lattes………we have all been cutting back for years just to keep our jobs while Congress thinks outsourcing and providing us with cheap goods ( in price and especially quality) solves the problem. We are tired of treading water and we can’t afford to have all these burdens AND see our 401k’s evaporate for the third time (the 80’s..2000 and now).
Congress sent a signal to American companies that they did not have a responsibility to their employees. What kind of country will we have if we don’t invest in the workers….. the backbone of society. We are seeing what greed and lack of character produces.
I think the media missed for years just how angry we have been.

By: Deborah T

Deborah T — Wed, 08 Oct 2008 20:40:01 +0000

The media missed the story of the people who physically demonstrated on Wall Street and Capitol Hill against the bailout. The media missed the story of how senators and house representatives stated that they received all of those calls from constituents wanting the bailout, when in fact almost NO ONE called them supporting the bailout. The media missed the story of how General Electric desparately needed the bail out, and its NBC subsidiaries kept pushing the bailout down the throats of its viewers.

By: s.r. b.

s.r. b. — Wed, 08 Oct 2008 20:28:04 +0000

I was up watching BBC late one night last week and was shocked to see all of the footage of the protests going on over the bailout bill. I am guessing our networks didn’t want to show that here?? They also interviewed several Americans getting their opinion of the bill. Kind of ironic that I had to get that perspective from BBC instead of our news channels here. Even though this bailout was sold to us as “a benefit for mainstreet” very little coverage has been given to mainstreet and how this crisis affects them.

I will say though, that Fox does seem to be the most unbiased network and the channel I watch most. Obama has gotten the rest of the networks wrapped around his finger. Keep up the good work and don’t forget about us little guys out there!

By: Lawyer Dallas

Lawyer Dallas — Wed, 08 Oct 2008 20:26:45 +0000

The only thing the media has not reported is this: “We’re still here. Hundreds of millions of us are not seeking loans, still make our mortgage payments and work all day. There is a slim chance the U.S.A. will continue in existance.” I suppose that’s what the media missed. But I happened to catch it, so I bought stock today. P.S. Don’t let the word out just yet. Thanks.

By: Amanda

Amanda — Wed, 08 Oct 2008 20:26:32 +0000

The American people do not trust Wall Street because we see the way prices can be manipulated by mere conjecture and rumor. The American people do not trust Washington because we see that even though we raise our voices against a bailout we will be ignored and the media will be trusted to stir up fear so we go along like brides at a shotgun wedding. The American people do not trust the media because most outlets gave little coverage to concerns raised regarding Fannie and Freddie other than casting suspicion on the people crying “Foul.” The American people do not trust banks because these entities that Lord over the everyday life of the average American sold us a bill of goods that even they cannot even afford.

What should the media be talking about now? The big story should be why this country ever started basing economic growth on spending that involved borrowing. The big story should be why are we trying to recreate a false sense of how well we are doing by making credit easy to get again? Let’s face it. These businesses that need credit to cover expenses until their seasonal work gets going again were trained to go about it backward. Business owners were trained to borrow first payoff later. They were encouraged to handle their businesses that way. Whatever happened to budgeting to make sure our profits in the spring cover our expenses in the winter? Last year’s loss or gain should determine this years spending or cutting. Maybe we need to start basing how well this country is doing economically by measuring the amount of debt our citizens are able to pay off and not by how much they are able to take on. It was listening to the experts, that we assumed knew better than we did, that got us in to this mess. STOP giving so much power to all these EXPERTS America and let’s start trusting our own common sense again.

By: Rich White

Rich White — Wed, 08 Oct 2008 20:23:36 +0000

What did they miss?
That’s obvious, they missed looking into who Obama is and what he believes from the start, so now he’s learned what not to say to the public. That’s why he has so few specifics on his policies.

McCain – Palin — a Democrat and a Republican on one ticket, who better to help congress make the hard choices ahead.

Obama – Biden — a socialist and a liberal, who better to let Nancy Peloci run this country?