Tuesday, March 10, 2009
Really stupid CNN poll; really stupid people responding
To paraphrase:
Question: If big banks are allowed to go bust, will it
a) Be catastrophic for the economy
b) Be a lesson for the big boys
c) Make no difference at all
I thought it was obvious which of these options would gain the most votes. Viewers of Fox Spews Channel could only possibly vote one way, as that channel and its never ending parade of non-thinking, knee jerk conservative moron pundits, pummels people with how they should think. I have seen these so called economists popping up elsewhere also. Their views are designed to get them time on television and should not be taken as truth. Truth must be researched and not accepted from one argument or another.
Actually, this poll is very stupid. If big banks are allowed to fail, FDIC insurance will have a lot of money to pay out. This will ultimately be paid for by all of us. Such a failure would also shake the stock markets around the world, most likely knocking somewhat more than 10% off the value of the world economy in the first day with smaller drops to follow before some sort of stabilisation. Is that catastrophic? Not really. Is it just a lesson to the big boys? Idiots would like you to think so, but that would be true trickle down economics. Because after the big boys pay, so will we all.
The results when I viewed the poll were:
a) Be catastrophic for the economy 25%
b) Be a lesson for the big boys 60%
c) Make no difference at all 15%
So 15% of people who felt moved to respond to this poll think that if Bank of America fails, it will make no difference to the economy; to them; to anything. Absolutely mind boggling!
60% follow the conservative nonsense doctrine. Give the big boys a slap. It will end there. We won’t feel pain, or if we do, at least we hurt them.
I wonder why anyone at all felt moved to vote in this poll that was designed to incite; a poll with one exaggerated option and two that are put there for people to prove their ignorance. Well, 75% of those who were proved to vote, were only too anxious to prove their ignorance. I wish people would think for a change! The makers of Tylenol and Excedrin would probably see a huge spike in sales if that happened.
Am I surprised by these results? Let me answer that by telling you about a poll that was released on Lincoln’s Birthday.
When asked if President Lincoln or fellow birthday boy Charles Darwin made a bigger difference in the world (that’s the world, as in America, Canada, Britain, Nigeria, Russia, China, Japan, India…….), 60% of Americans said................................................. Lincoln.
Labels: CNN poll; big bank fail