Guest Post: The News Cycle: Full of Sound And Fury, Signifying Nothing
Submitted by Tyler Durden on 05/31/2011 17:40 -0400
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The Mainstream Media has completely failed to make sense of the global financial crisis. By "make sense" I mean a framework of interpretation that properly attributes responsibility to the causes and players and which explains the key dynamics in common language. A framework of interpretation doesn't disappear in the next news cycle: it is constantly reinforced by additional interpretation and illumination. The news cycle now lasts at best the length of a playoff series. Mr. bin Laden's news cycle didn't even last as long as an NBA playoff; the demise of the "most dangerous man in the world" was shoved into the ashbin of history within a few days, with little interpretation beyond fist-pumping and a few fusty pontifications by the usual suspects, i.e. the "experts" trotted out during "big events" to explain it all away. The full quote from Macbeth (Act V, Scene V): It is a tale told by an idiot, full of sound and fury, signifying nothing. Every "news event" is terribly important, until a few hours later it is unimportant. This is a form of madness, a madness which goes unrecognized in the crazed, turbulent flood of "news."
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http://www.zerohedge.com/article/guest-post-news-cycle-full-sound-and-fury-signifying-nothing
Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.
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