Recession Proof Your Brain

by digby

I just heard CNN’s week-end money team giving stock tips to their viewers to “recession proof” their lives. Now, I don’t doubt that there are great buys to be had in the market and that some people may be in a position to invest right now and make some big bucks over the long haul. But if the hosts of the show also feel it’s necessary to first explain what a stock is and tell them that the odd letters on the screen stands for the company’s ticker symbol, I think maybe stock picking may be over the heads of their audience.

I used to think the political media was as bad as it gets, with their high school kewl kid mentality and their boundless lack of self-awareness. The financial media make them look like sober, mature professionals by comparison.