Blake Snow

content advisor, recognized journalist, bodacious writer-for-hire

As seen on CNN, NBC, ABC, Fox, Wired, Yahoo!, BusinessWeek, Wall Street Journal
It looks like you're new. Click here to learn more.

Tagged everyone take a deep breath

See what happens when you yell “Bomb!” in an airport…

img6.jpg

Associated Press

… The world financial markets fall more than they would have, because financial markets are based entirely on confidence. And when you have intimidating officials like President Bush and McBama spreading FUD like, “the worst economic crisis since the great depression,” fickle investors will believe them, and global bank markets struggle.

I’m not saying there wasn’t a partial bomb to begin with — there was thanks to a greedy and irresponsible Wall Street — but that still doesn’t mean top officials can frighten the public with said statements just to bail out their Wall Street buddies who donated lots of money for special interest (which they succeeded in getting this time). Just like yelling “Bomb!” in an airport is illegal, so should it be for individuals in power crying “depression” just to get their way.

Continue reading…