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  • Super Tuesday Committee Failure – So What? 4 comments
    Nov 22, 2011 9:31 AM | about stocks: AA, BK, BTUUQ, CNX, GNW, GS, JNPR, MS, NWS, SCHW, SPY, THC, USO, SUNEQ, WHR

    The Super-Committee is dead

    Long live the Debt!  In case you are voting in the next election – here are 12 people to get rid of.  Much as I may blame one party over another for this failure, they all deserve what’s coming to them for A) Pretending they were going to accomplish something and B) For not now getting up and making very strong statements denouncing the corruption in politics that make it impossible for Congress to do the Nation’s business anymore.  

    In case you happen to be a Fox News viewer, I will try to keep this VERY simple because, as it turns out, we now have definitive studies that prove Fox News MAKES YOU STUPID.  Of course, it is possible that only stupid people watch Fox News but I know many people who think they are smart and watch Fox News so I have to blame Fox News here as doresearchers at Farleigh Dickenson University who found "The results show us that there is something about watching Fox News that leads people to do worse on these questions than those who don’t watch any news at all."   As I can tell you from raising my own children to be good citizens:  

    The biggest aid to answering correctly is The Daily Show with Jon Stewart, which leads to a 6-point decrease in identifying the protesters as Republicans, and a 12-point increase in the likelihood of giving the correct answer. "Jon Stewart has not spent a lot of time on some of these issues," said Cassino. "But the results show that when he does talk about something, his viewers pick up a lot more information than they would from other news sources."

    Watching Fox News, by the way, led to an 18-point disadvantage(out of 53% of all respondents) in being able to answer questions like "Were Egyptians successful in overthrowing Hosni Mubarak" or "Has the Syrian uprising been successful" but that was a Fox viewer’s area of expertise compared to having a clue of what is going on in American politics other than "Obama sucks."  Tied with Daily show viewers for best informed were NPR supporters but, sadly, only 21% of Americans get their news from NPR and only 18% from the Daily Show while 64% list Fox News as one of their frequent news sources.  

    In another study, World Public Opinion, a project managed by…
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Comments (4)
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  • Maxe Paul
    , contributor
    Comments (927) | Send Message
    Ive been telling people this for years and they all thought i was crazy!


    I would hazard a guess a CNBC/Cramer survey would offer similar results.
    22 Nov 2011, 11:35 AM Reply Like
  • Alex Filonov
    , contributor
    Comments (1412) | Send Message
    Super Committee failed, so what? We need more debt, not less debt. Unfortunately, automatic cuts are coming, so really it doesn't matter if supercommittee succeeds or fails. Turning Japanese, for how long?
    22 Nov 2011, 11:50 AM Reply Like
  • carve1
    , contributor
    Comments (37) | Send Message
    "The Fed MUST act – the consequences of not acting could be watching things go so bad that action will no longer be effective".


    Wow. That was some action: We're mulling more clarity. Wow.


    Still, it's more than they're doing over this side of the pond.
    22 Nov 2011, 03:23 PM Reply Like
  • Carlos X. Alexandre
    , contributor
    Comments (623) | Send Message
    I watch Fox News and CNN and often compare their coverage, and in all honesty I dislike the end results from the media because all of them are biased in varying degrees, and provide plenty of dishonest opinions from commentators on both sides of the isle


    The answer to the questions in the "survey" were provided by both news outlets.


    But to jump out and state that "Fox News MAKES YOU STUPID" only highlights where the stupidity truly lies.


    From the Press Release: "Just 47% are able to identify the Occupy Wall Street
    protesters as predominantly Democratic: 11 % think they are Republicans. Viewers of cable news on MSNBC are the most likely to think the protestors are Republicans." Are MSNBC VIEWERS STUPID? Not according to your rant and that's the dishonesty that I'm talking about.
    23 Nov 2011, 06:24 PM Reply Like
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