Thursday, August 28, 2008

Guistav: Gasoline Speculatiors, Otherwise Known As The MEDIA

The HYPE on trpopical storm/hurricane Gustav is about to hit fever pitch as our disgraceful media ROOT for another Katrina (their "finest" hour, which should depress them since their coverage of Katrina was TERRIBLE).

Who needs oil speculatiors in our financial markets when we have MEDIA SPECULATORS out of control. Thus, we have all of those HOPEFUL stories about how this is the trhird annniversay of Katrina, and you know what Katrina did to gasoline prices (not to mention New Orleans, where people are being SCARED once again.

Yes, it appearsl likely, although not certain, that Gustav will become a major hurricane in the Gulf of Mexico.  And it is necessary to alert Gulf coast residents to prepare for a POSSIBLE hurricane.

However, where is the PERSPECTIVE--not to mention the concentration on the FACTS instead of the HYPER-SCARE speculation.  Yes, I think we have become too prone to PANIC even in preparation measures such as evacuatons and SPENDING money on excessive CYA (cover your ass) precautionary measures. 

You may think I go the opposite direction in not encouraging enough preparation.  Doesn't matter to the point here.  That point is that there is NO excuse for the excessive media SCAREHYPE and SPECULATON.  Jack Webb had it right ("Dragnet"):  "Just the facts, ma'am."

Nope, it is NOT facts to talk about how Gustav COULD be just like Katrina, or even a category 5 hurricane.   How MNANY hurricaneshave we SURVIVED in the Gulf of Mexico BEFORE Katrina, without major loss of life or major disruption to oil and gasoline supplies?  Well, almost ALL of them--MANY.

It is LUCKY that "journalists" do not CONTROL theoil and gasoline markets. If they did, we would have $10.00 a gallon gasoline.  As it is, "journalists" are doing their best to SPPOK the oil and gasoline markets.

How do these people ("journalists") sleep at night?  My own explanation is that they are too STUPID to realize the human misery they are causing, and often seem to be ROOTING for.  

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