Tag Archives: Fox

A Look At The So-Called "Grassroots" Movements

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The Republican Party and Fox News have recently been talking about the so called  "Grassroots movements", similar to the "Tea Parties", recently sweeping the country.  These "movements" claim to be ordinary people, fed up with the government, spontaneously rising up and confronting their representatives.  What's recently been shown and proven however is that just like the "Tea Parties" before them, this has all been orchestrated by powerful right-wing lobbying groups and corporations.  These people have been instructed not only to show their anger, but how to STOP the civil discourse and debate required by a healthy democracy.

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The Myth of the Rational Market: A History of Risk, Reward, and Delusion on Wall Street

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At the core of the current financial crisis has been the widely held assumption that markets behave rationally. Fox, Time magazine editor-at-large, isn't the first to bring scrutiny—or censure—to the conceit, but his analysis is singularly compelling, and the rare business history that reads like a thriller. Fox leads us on a chronological journey of modern economic theory, featuring the cast of scholars who constructed the 20th- and 21st-century financial landscape, from Irving Fisher to such post-WWII figures as Milton Friedman, Harry Markowitz, Franco Modigliani and Merton Miller, Jack Treynor and William Sharpe. Fox offers a behind-the-scenes glimpse at academia's finest, complete with amusing anecdotes about the players and their theories, and illustrates how our economic behaviors and markets have been shaped by a gradually refined theory holding that the stock market prices are both random and perfectly rational. A must-read for anyone interested in the markets, our economy or government, this dense but spellbinding work brings modern finance and economics to life.

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Bush Contradicts Claims By Cheney, Rove, and Fox News That Torture Was Useful

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Over the past couple of days, Karl Rove and Fox News have offered a new argument in defense of the Bush administration’s torture policies. Now, they say, waterboarding Khalid Sheikh Mohammed (KSM) yielded intelligence that led to the disruption of an al Qaeda plot to attack the tallest building in Los Angeles, the Library Tower (which both Bush and Rove called the Liberty Tower, for some reason). There’s just one problem with Rove’s new story: it couldn’t possibly be true. As Timothy Noah pointed out in Slate, the Los Angeles attack was foiled in February of 2002. KSM was not captured until March of 2003, however — more than a year later. It doesn’t take a rocket scientist to figure out that timeline is impossible. Perhaps appropriately, then, here’s a video of George W. Bush — in his own words — proving that Karl Rove and Fox News are lying about torture:
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What I Use for News

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Many people get their news from one source or a very few typical sources.  People who watch Fox News rarely watch CNN, people who watch CNN rarely watch MSNBC, and many people have gotten away from reading newspapers.  The Internet has helped spread different sources for news but many people also don't know where to look besides these same places  with .com at the end.   I use many different news sources so that I'm subjected to different points of view and details just one source may have left out. Google News News pulled from every corner of the Internet.  Big names and small.  One page and you generally know what's going on in the world. BBC News The BBC.  Still known worldwide for fair and detailed reporting of news. Al Jazeera No matter how much the Western media outlets try to label Al Jazeera as a "terrorist network" or  "a mideast tabloid",  Al Jazeera has some of the best written and balanced news found.  It's refreshing after the political slants the current US News organizations apply to every story and the tabloid fodder they claim is news.  Al Jazeera also carrys world news that just watching the nightly news in the U.S. you would NEVER hear about. Fark Weird, unusual, and other news with custom user-invented headlines. Often hilarious, often insightful. Digg.com Another user generated news site.  Also blatently biased at times.  Take with a grain of salt and read the actual articles linked. Daily Kos Liberal community blog.  Members can write and submit their take and opinions on anything news or politics related.  Liberal leaning but usually well-written and thought provoking. I don't agree with everything on the site, but it's worth a read.

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