Scaremongering

[rose-colored-coolaid]

The MSM seems to have started a scaremongering approach to the credit pop. Yes, a bunch of the data is troubling, but how about this article I just saw today. .

So not only do we need to do something NOW to prevent the entire world economy from collapsing, but we also must act now or face the thread of mosquito born illness. This is the kind of subliminal messaging that the media frequently engages in, but it's so common and innocuous that it's hard to notice.

I think reports like these are going to be more common this year, and I think the goal will be to spur action for a bailout. It's not going to work however, rather it will just cause more fear and move popular psychology closer to the bottom.

[sniglet]

Don't forget all the articles about boarded up homes and criminal activity taking roost in foreclosed properties. Then there are the stories of the home-owner-associations unable to repair the club-house pool, or poor municipalities having to lay-off firemen, due to foreclosures.

The Federal Government had better step in fast to prevent a further collapse in housing prices or the whole nation will disintegrate in chaos with no fireman able to douse the fires started by crack-heads squatting in unoccupied McMansions.

[explorer]

Geez, you would think they would be happy with just saying how much the neighboorhood comps and/or property values would be affected by foreclosures.

The degree of scaremongering seems inversely proportional to the fear of the money mongers that they won't infact have a soft landing.

Can we make an index chart out of that for further evidence?

[rose-colored-coolaid]

[Alan]

Not to mention, allowing a house to burn reduces supply which causes prices to rise. I think we've found the real solution to prop up prices. Maybe we should pass a law that make some action punishable by burning down the building the crime was committed in. Hmm... what could we make illegal? Oh! I know! Possession or use of books is punishable by firemen coming to your house and burning it down! But I think we can safely exclude comic books from that law.

[Lake Hills Renter]

In the original version of the story it was ok to possess books, you just couldn't read them. The Fire Chief had a fully stocked library of books he had never read and proudly displayed them to the main character.

[Alan]

What are you talking about? Do I need to send the firemen to your house?

[ira s]

They'd never stand for that in the City of Seattle. House burning is not carbon neutral.

[Lake Hills Renter]

[Alan]

Is that some sort of book? Did you actually read it?

I repeat, do I need to send the firemen to your house?

[Lake Hills Renter]

I just own books, I don't read them.

[rose-colored-coolaid]

Ha! Who would read a paper dinosaur (as we call them in my house) when you can read an e-book instead? Haha!

I've got a much better solution. Anyone who is heard grousing about the rain gets their house burned down. If you don't like our weather, you don't haven't to live here. I suggest we place cameras in all personal electronics and stream the videos to a centralized authority which determines whether or not a person is grousing about the weather.

Even better, we will analyze every citizen for thoughts or opinions which denigrate the weather. The first offense gets your home burned down. The second doesn't every happen.

[Lake Hills Renter]

Thought police. That's a different book entirely. Doubleplus ungood.

[SeattleMoose]

"The MSM seems to have started a scaremongering approach to the credit pop."

Gee, isn't that a "conspiracy"?

Where is FreedomLover when you need him/her/it?

[rose-colored-coolaid]