In fairness to RTE, a bank SHOULD pass the stress test so it's not news if it does. Would you be happy with a headline 'Good news today - 9 out of 19 operating theatres in Irish hospitals are NOT rat-infested'? They report what's abnormal, not what is normal. And 9 out of 19 passing the stress-test IS a low %. It's not like it was 10 out of 200 bad with 190 okay - 10 out of 19 bad and 9 out of 19 okay is not a good balance...The fact of the matter was 9 out of the 19 banks stress tested were told they were sufficiently capatilised, yet RTE preferred not to mention this small fact!
In fairness to RTE, a bank SHOULD pass the stress test so it's not news if it does. Would you be happy with a headline 'Good news today - 9 out of 19 operating theatres in Irish hospitals are NOT rat-infested'? They report what's abnormal, not what is normal. And 9 out of 19 passing the stress-test IS a low %. It's not like it was 10 out of 200 bad with 190 okay - 10 out of 19 bad and 9 out of 19 okay is not a good balance...
given the severe ill-health suffered by US Financial Institutions since the collapse of Lehman and the disasterous knock on effects this has had worldwide, the fact that 9 of the 19 largest have already turned the corner and are capable of being self sufficient is a huge positive not only for the American Financial Market but for the worldwide economy as a whole.
Kinda reminds me of the Chris Rock joke. "I take care of my kids - You're SUPPOSED to ...."In fairness to RTE, a bank SHOULD pass the stress test so it's not news if it does. Would you be happy with a headline 'Good news today - 9 out of 19 operating theatres in Irish hospitals are NOT rat-infested'? They report what's abnormal, not what is normal. And 9 out of 19 passing the stress-test IS a low %. It's not like it was 10 out of 200 bad with 190 okay - 10 out of 19 bad and 9 out of 19 okay is not a good balance...
David Bloch works in a goal orientated pseudo-sales business. He needs to keep his staff motivated and thinking positively every day. I accept what he says in that context but outside of that, no.David Bloch is chief executive of Brightwater, a firm of recruitment specialists with offices in Dublin, Cork and Belfast
Interesting to see if it would have a snowballs hope in hell of succeeding as most people in this country still dont want to hear the truth . . . - "Ah sure we wouldnt be in this mess if Bertie were in charge " . . Dear oh dear . .
A bit like saying that there would be no crime in London's East End if Ronnie and Reggie were still performing surgery, osteopathy and business management in their own inimitable style.
YeH!Must write that one down . . .
So I take it thats one person who would read my "The honest Irishman" . .
And of Noel Dempsey's own?According to Minister Noel Dempsey, on Prime Time last night, the media are one of the causes of the Taoiseach's poor performance in his first 12 months.
YeH!
How can the media be blamed for this recession? It's like blaming the media about a horrific train crash because they're hyping it up.
In fact, the media when it comes to their business correspondents should have seeing this coming at least 5 years ago. So along with our government, government economic advisors and the opposition, the media needs to take some of the blame as well.
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Did you just say you cant blame the media for the recession and then say in your third paragraph that the media needs to take some blame.
Theres a big differance between informing the public for the good of the nation, to trying to sell stories based loosely on factual events and more on personal opinions of these "facts".
Media is a propaganda tool that shapes peoples opinions for its own agenda. Its no coincidence that medias are controlled by dictators because of their sway over public opinion.
You need only switch on Fox news or Sky News to see how powerful media can be in directing a story in the way they want the viewer to interpret it.
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