Showing posts with label mainstream media. Show all posts
Showing posts with label mainstream media. Show all posts

2017-05-12

President Trump Fires FBI Director Comey, Markets Rally, Media Shocked!

Photo of the Charging Bull in New York City's Financial District by Sam valadi (CC BY 2.0)
UPDATE  May 15, 2017:  Trump's Bulls Charge, Bears Trapped!  The S&P 500 and the Nasdaq both closed at records Monday and the Dow industrials snapped a four-session losing streak to finish higher, the TRUMP Rally continues:
 NASDAQ Hits New All-Time High
https://www.google.com/search?q=DJIA
 SP500

Original post:
S&P 500 (5 day chart as of May 10, 2017)
Opinion and Analysis

Let’s look at the way US equity markets responded on Wednesday [May 10] to the Tuesday [May 9] news of President Trump firing FBI Director James Comey:
On Wednesday, the next day, the S&P 500 rallied 0.11% (see above chart), the NASDAQ was up 0.14%, and the CBOE VIX Index barely moved back over 10, to close at 10.2. In the words of one seasoned Wall Street analyst: "If you hadn’t read the headlines for 24 hours, you wouldn’t have known anything unusual had happened in Washington or anywhere else."
Conclusion: The media's 'Trump Derangement Syndrome'  so prevalent within the reality distortion field known as "Washington, D.C.," hasn't infected Wall Street (nor Main Street). Most Americans, thankfully, are immune and are either ignoring or laughing at the mainstream media circus which has now reached unprecedented proportions.

Bottomline: Comey should have been fired by Obama last year after the stunt Comey pulled in connection with the Clinton email investigation. The last thing the U.S. needs is another rogue FBI director like J. Edgar Hoover. Trump did the right thing in following the advice and recommendation (pdf) of the Deputy Attorney General and the Attorney General of the United States, respectively.

To the disbelief and dismay of the liberal media, the Dems and elitists, Trump owns this market and the Trump Bull Rally is still running on Wall Street:
Trump Rally(chart)
The TRUMP Rally
photo of President Donald J. Trump (source: WhiteHouse.gov)
Photo courtesy of WhiteHouse.gov
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DISCLAIMER

2016-11-16

The "News Media" Got the Election WRONG, What Else Are They Missing?

The Biggest LOSER of Election 2016? The "News Media"-- Infographic: Trust in Mass Media Erodes | Statista
source: Statista

Reporting the news "fully, accurately and fairly” used to be one of the most basic requirements for any news outlet that wanted to be taken seriously. But Gallup reports more and more Americans share the impression that the mass media (a/k/a mainstream media or MSM), including TV, radio, newspapers, and MSM websites online, fail to do just that. According to Gallup, Americans’ trust in mass media has dropped to a new low recently, with only 32 percent of U.S. adults expressing at least a fair amount of confidence in mass media to serve as an unbiased chronicler of current affairs. Drill down into the Gallup report and you discover only 14% of Republicans, 30% of independents, and just 26% of Americans 18-49 years old, express trust in the media. Many felt Donald Trump received an unfair amount of negative press, and even Democrats' trust in the news media is declining (though less so than other demographic groups):
"I can’t read the newspaper. Never mind watch television. Donald Trump ran for President in plain sight and these people missed it, all of them. What else are they missing? ... I used to trust the institutions, now I no longer do ... I was at lunch Friday with a heavy hitter, the toppermost of the entertainment world, and I asked him if reporters ever called him … He said ALL THE TIME! Did they know anything? NOTHING! And was the article ever right? NEVER! This happens to me on a regular basis. Some of the most trusted news outlets extant will call me for a quote. The reporter knows nothing about the subject, I take half an hour to explain it and they still get it wrong. Even worse, some of these ignoramuses argue with me because what I’m saying doesn’t fit their narrative."--Bob Lefsetz, Lefsetz.com (disclosure: Bob is a Democrat and voted for Hillary) (emphasis added)
New York Times election forecast:
Bob's suggested remedy? "Someone needs to lose their job over this. Not only Billy Bush, but the person in charge of the polling for the “New York Times,” that person has got to go, the whole team has to go. Actions have consequences ... Judith Miller got us into Iraq, she got booted. Boot a few more!" (emphasis and link added)

Yes, actions have consequences. Want to know about the Presidential race next time, and who's leading? The lesson from Election 2016 is don't trust anything you read, see or hear via the New York Times, Washington Post, ABC, NBC, CBS, CNN, FOX, Wall Street Journal, Bloomberg, et al, especially their polling results. It's most likely just fake news and false narratives.

Contrary to what the mostly biased-left mainstream media (MSM) believe, they are no longer a "trusted source of news" for most Americans. Those who are still watching, reading, listening, and trusting  them, are an increasingly diminishing audience ... hardly anyone cares what MSM says or does anymore because they are increasingly irrelevant. The news media have little credibility left after Election 2016 and that was hardly the beginning of the decline:

2012:
Infographic: Newspapers Lose Relevance as a News Source | Statista
source: Statista

2013: Infographic: Not Every Social Network Doubles as a News Source | Statista
source: Statista


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2016-07-22

LIVE Video: Tech Entrepreneur & VC Peter Thiel Speaks at #RNCinCLE

Peter Thiel | Full Speech | 2016 Republican National Convention:

As a venture capitalist and entrepreneur, Peter Thiel has been involved in some of the most dynamic companies to emerge from Silicon Valley over the past two decades. In 1998, Thiel made e-commerce easier, faster, and more secure by co-founding PayPal, defining a new era of fast and secure online commerce. He was the first outside investor and director at Facebook, and also launched Palantir Technologies, where he serves as chairman of the board of directors. Peter established and funds the Thiel Foundation, which promotes freedom in all its forms while working to advance technological progress and long-term thinking about the future. Video published July 21, 2016.

Transcript of Peter Thiel speech, 2016RNC:


See also: Ivanka Trump | Full Speech (YouTube video) | 2016 Republican National Convention

LIVE from Cleveland, Ohio, 2016 Republican National Convention (official live stream):

Above: LIVE Stream (courtesy RNC and Google/YouTube) of the final night, Thursday, July 21, of the Republican National Convention 2016 in Cleveland, Ohio. Scheduled speakers include Silicon Valley tech entrepreneur and venture capitalist Peter Thiel (paypal.com, facebook.com, clarium.com, ycombinator.com, palantir.com, and many more), Ivanka Trump (entrepreneur and daughter of Donald Trump), and the Republican nominee for President of the United States, Donald J. Trump.

It's the story grabbing all the business and tech media headlines, no not Trump, but Peter Thiel speaking at the Republican National Convention Thursday night:
This is definitely not your parents' Republican Party--the Bush family and Ted Cruz are out--Paul Manafort (Trump campaign manager) has a grip on the Convention floor and RNC machinery so sure that he allowed Cruz to speak at the Convention Wednesday night knowing Cruz would not endorse Trump. See Donald Trump Jr.: We don't need Ted Cruz's endorsement | CNN.com.

What is emerging as the new Republican Party is definitely a new and different amalgamation of outsiders + Republican Party insiders:
  • Outsiders: Donald J. Trump & family (Ivanka, Eric, Don Jr., Jared Kushner), millions of disaffected middle class and working class voters, Veterans for Trump, Bikers for Trump, Dr. Ben Carson, Peter Thiel, and more;
  • Republican Party insiders: Governor Mike Pence, Senator Jeff Sessions, Governor Chris Christie, Governor Scott Walker, influential conservative commentator Laura Ingraham, Sheldon Adelson, and RNC Chairman Reince Priebus, to name just a few.
Say what you will, Trump and his campaign have successfully thrown the legacy of George W. Bush--including the financial crisis and housing bubble crash, and particularly, the disastrous intervention into Iraq--off the back of the Grand Old Party (which is why the neo-cons and liberal establishment both despise Trump). Most mainstream media, elitists, and inside the beltway establishment, still cannot believe it, but Trump has overcome unbelievable odds with a highly unorthodox campaign (including use of social media) that has no historical precedent.

And it all happens LIVE Thursday night at the Republican National Convention in Cleveland. Watch the video above as it happens--Primetime Program begins 7:30 P.M. EDT (schedule subject to change):
  • Brock Mealer, Motivational Speaker
  • U.S Representative Marsha Blackburn (TN-7)
  • Governor Mary Fallin, Governor of Oklahoma
  • Dr. Lisa Shin, National Diversity Coalition for Trump
  • Reince Priebus, RNC Chairman
  • Jerry Falwell, Jr., President of Liberty University and evangelical leader
  • Peter Thiel, Venture Capitalist
  • Tom Barrack, CEO of Colony Capital
  • Ivanka Trump, daughter of Donald Trump and EVP at the Trump Organization
  • Donald J. Trump, Republican Nominee for President of the United States

Oh, and by the way, remember all those pre-convention stories in mainstream media about all the protests and violence that would happen this week in Cleveland? Mainstream media was WRONG, again: RNC Protests Rage, but Anti-Trump Organizers Ask: Where Is Everyone? | USnews.com: "Low turnout and very few arrests come as a surprise."

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