Discussion

The mainstream media are telling the lies of the people who are creating the crisis thus they are part of the problem.

People have not been educated and thus are confused and the mainstream media continues to create confusion because they are manipulated by the corporations who own them. The executives of the corporations are the people who are controlling the wealth.

I am so grateful that you and a few others are exposing the truth.

I am less angry now that I know what is happening. Now I want to know what to do to change the outcome for myself, family and friends.

We (middle class) are at choice to learn and now motivated because we have enough intelligence to know that there is truly a conspiracy and it has been in place for a long time. it is designed to enslave the working class.

My questions are:
How do we learn the ABC's and start to implement them now?
How will we teach our children so that they will not be manipulated?

Tonight on Oprah there was a financial advisor - Suze Orman dishing out advice to a couple of get out of debt, save money, Invest in the market long term.... I was yelling at the T.V because besides you, Donald Trump and your advisors everyone else is drinking the Kool-Aid..
People lack not only the vocabulary but also aren't aware of how to get accurate advise to not follow the sheep. As you taught at your last 3 day event money is an Idea, creating money is something that you can be trained in by recognizing opportunities that other people pass by every day...

I only watch or read the mainstream news to find out what drivel is being fed to the masses because I know that the average person will be affected by it and so will the markets--short term. The mainstream media for the most part (TV, Newspapers, Magazines) is owned and controlled by five mega corporations in the US who are all in agreement on their goals and who stand to gain from the current situaton. What the mainstream media is broadcasting and printing about the financial crisis is engineered to control the thinking and behavior of the people, not to report the truth.

My news sources include newspapers online from different countries, financial reports (you learn a LOT from following finance) and even sites like Kiyosaki.

Dan the Mentor, there are MANY who are not drinking the cool aid besides the people you named. Try Jim Puplava www.financialsense.com (though I don´t think he has the full picture), Bob Chapman of www.theinternationalforecaster.com, Dr. Stanley Monteith www.radioliberty.com to name a few. There are many others. I especially appreciate this expose book by Robert Kiyosaki. Among other things, it is GREAT educational material for passing on to the younger members of my extended family. I love it!

Guys anybody read the book risk and fear? It shows a lot about the media- it's not just that they are all in a conspiracy it's that today readership is falling and so is revenue so big advertisment and easy juicy stories enable survival. it's much easier to quote an Obama speech on the saviour of the country than to spend ages investigating some finance fraud and being intimidated on top of it. Time is running really fast so sometimes journalists don't even bother to investigate properly and just copy off other journalists' articles what they think is sensible. More than that a lot of the journalists actually believe in the financial rubbish that they are saying and finance advisers themselves don't often truly understand what they are doing. Well why don't some of them at least try to educate us? Well R.K. is having one hard time doing that because the subject is hard (classmates in my economics class learn economics like parrots and forget the nightmare afterwards) and because people are pig-headed or too stuffed with lazy socialism e.g. my uncle " old people deserve huge pensions even though they paid a much lower security and basically didn't earn them-they should just have everything because they are old" and he is waiting to get as old as the hills before he has fun in life and he expects the government to pay for his fun. Obviously with such an attitude readership for financial education is not that high and what's more among many financial gurus many are frauds so there is a general distrust towards financial education. Anyway exceptions like R.K. are rare but succeccful-hope they survive.

Be my own economist! Think the opposite of what the government is telling me.

Being from another country, I take everything reported in the US media with a pinch of salt. I still read comments from msn, yahoo etc but I am very cautious about making a decision based on what I read in these sources since they are all part of the corporatocracy. Honestly, I look for my financial information from this book and you, Robert. This is one of the very few sources that I trust.

For all Medias, purpose is same, number of users. Ratings equals money in advertising.

Good source of financial information is only by recomendations of someone I can trust and personal experience with specific source. Could be web, book, audio or video material but also seminars and 'one on one' consulting. Medias excluded except numbers and data, if accurate but needs to check with different sources.

Robert,

Whatever respect I had for journalism has been eaten away to nothing in recent years. Ignorance of economics would be forgivable; outright bias is not. No matter which way you slice it, the story always seems to come out implicitly in favor of more government. Witness the almost total lack of attention to the impending bankruptcy of Social Security and Medicare. If we make it through the upcoming financial tsunami, it won't be because the news media warned us about it.

Terry

Robert,

The coverage is somewhere between incompetent and evil. They are just feeding the same medicine (or poison if you wish) that brought us to the current situation. I don't know who they serve but I believe they do not serve the free market and definetly they don't serve the average Joe.
My main sources of information are the Lew Rockwell's website and the Daily Reckoning.