While I disdain about 90% of the media as they are corrupt to the core, I do think Investors Business Daily is worth a read. Their polls have been very accurate, their financial news right to the point, and their editorials are sharp and interesting. Their new editorial is on George Washington, Sarah Palin, and the media reaction to her. You can find it here.
The editorial points out that George Washington quit the Virginia militia. So then according to all the “experts” in the press and punditry, George Washington was a “quitter.” Well, if their logic is correct then we might as well take him off the one dollar bill. Think about what would have happened if the media of today existed back then? The editorial pokes fun at this idea and the absurdity of it. The media would have attacked the man that we know today as arguably our greatest president. By the way, if the pundits and “experts” are right about Palin being a “quitter”, and therefore Washington was a “quitter” too, why would we want a quitter representing us on our currency? I assume then they want him removed from it.
Of course, that is lunacy. Neither Washington or Palin are quitters. Were their decisions unorthodox? Sure. Were their decisions bad? Well, Washington is on the one dollar bill so it doesn’t seem to have hurt his career or legacy and Palin’s final chapters have decades to still be written.
Orthodox thinkers rarely make history and rarely get rich. I could go into great detail about Sarah Palin’s reasons for her resignation and why she was correct to do it, but that is not the point of this post. The point is, “experts” and elites in the political and media classes should not be seen as the fonts of all knowledge. If they are so smart, why are we over 11 trillion dollars in debt with 10 trillion more to come at least? Why were their predictions so very wrong about our economy? Yet, you can read right here at this blog what I wrote months ago and it has all come true.
Most people who want to be investing professionals go to top ivy league schools for finance or business. They work at financial firms. I went to an all commuter college in Chicago and majored in English. I am not a super genius, but I think out of the box and never follow the herd. I lead the herd in my investing. I get out ahead of others. I see things before others do. That’s why I succeed. Palin sees something too.
So the next time you see an “expert” on TV making predictions or trashing someone, keep in mind what their agenda is. What credibility do they have? Do they have an axe to grind? The other day I actually saw Bob Beckel trashing Sarah Palin. You should know that Bob Beckel was the campaign manager for Walter Mondale. You should also know that the Mondale Campaign lost to Ronald Reagan by a margin of biblical proportions.
Reagan 525 electoral votes and 49 states.
Mondale 13 electoral votes and 1 state.
So why the hell would anyone listen to anything Bob Beckel says? The guy is a loser who had no success at all. I could have won 1 state and so could you! Yet, he is put up as some kind of political “expert.” Shocking. I research these things before I take investing advice to heart, and you should do the same whether investing or voting.
Don’t be afraid to be unorthodox. History is full of people who do their own thing, so do yours. Next time the pundits are making proclamations, say “thanks, but no thanks.” However, you could take the more diplomatic approach I use.
“Shut the **** up.”
Tags: Government, Investing, Media, Palin