Don't believe the hype

I wish we had a lot more of this from the Wall Street media. CNBC has occasional moments but all too often it's about "easy money" and whatever load of nonsense Wall Street wants to promote. As I've mentioned before, someone is going to tap into investor anger and develop a media outlet that offers information for investors. No matter what everyone may think about the job Wall Street has done the last few years it is in our best interest to correct the wrongs and build a system that brings real benefit beyond a a thin sliver of the elite. Washington helped scrap "traditional" pension plans and they sure as hell better start working on making the system that they created (401K and IRA) work. Meanwhile, don't believe the hype.