I read an article that talks about how social media is important, but can be a bad thing. The things we have gained from media are that it has created a world where people can easily find information about what it going on and that people can research complicated ideas. However, politicians are now making decisions based on what they think the public wants to hear. The article says, "politicians aren't voting their conscience, they're voting to placate blog commenters, and that's no way to run government." Also, when people are putting things in the media, they are sometimes twisting the words of the politicians. The example I gave in class was that if a politician says a program should not get fundimg anymore, it can be twisted slightly to say that the politician is trying to eliminate that program. The article says that everyone involved in the political process should make sure media is being used for the benefit.
http://www.cnn.com/2012/04/24/opinion/donehue-social-media-politics/index.html
My probing question: Do you think there is a way to make sure that media is being used effectively? If yes, what do you think can be done? If no, why do you think this and also do you think there may be something in the future that can be done?
Block 3
Ms. McMurray & Mrs. Ramshaw
Wednesday, April 25, 2012
Tuesday, April 24, 2012
Crystal's Current Event About the U.S. Economy
In the United States, the corporate profits have hit record levels, but our economy isn't getting much better. Only ten times have corporate profits exceeded 13% since the beginning of economy records. This means that the higher percent of corporate profits, the lower the unemployment rate is. Recently the corporate profits have dropped to 8.6%, which gives way to a higher unemployment rate.
Some reasons why our economy hasn't been as prosperous as it should be would be due to holding cash and stock destruction. Holding cash is when financial institutions haven't been lending money due to fear of investments in new products and viewing of other countries economies failing. One reason that the article states as a part of the destruction of our stock market was high frequencing trading. High frequency trading is when major wall street stock holders find potential inefficiencies in stock prices, and then they trade to prosper from these inefficiencies.
Probing Question: In your own opinion, what do you think the government can do to make our economy better in the next five years?
Some reasons why our economy hasn't been as prosperous as it should be would be due to holding cash and stock destruction. Holding cash is when financial institutions haven't been lending money due to fear of investments in new products and viewing of other countries economies failing. One reason that the article states as a part of the destruction of our stock market was high frequencing trading. High frequency trading is when major wall street stock holders find potential inefficiencies in stock prices, and then they trade to prosper from these inefficiencies.
| http://www.metrowestdailynews.com/business/finance/x987650949/Why-company-profits-aren-t-creating-economic-gains?zc_p=2 |
Probing Question: In your own opinion, what do you think the government can do to make our economy better in the next five years?
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