Barron’s “Truthiness” Instead of Truth

Barron’s used our Truthiness post from last week for their Market Watch section:

>

"Truthiness" Instead of Truth
Big Picture by Fusion IQ

March 24: Whether overstating job creation [or growth, or] understating inflation, a shocking amount of debate about the economic expansion has been primarily spin….[as] a parade of sycophants, despite knowing better, continued to cheer-lead punk data….First, they denied what was happening; then we got the whole "contained" thingie; then they blamed da Bears. Now they’ve unwittingly embraced Marx, and successfully pled for the central planners to rescue them from their own stupidity…Has "truthiness" replaced truth? [Will we] be saddled forever with these hallucinatory hacks?

>

Source:
MARKET WATCH:  A Sampling of Advisory Opinion
Edited by ANITA PELTONEN
Barron’s MONDAY, MARCH 31, 2008
http://online.barrons.com/article/SB120674492840373083.html

Category: Media

Was 2007 Q4 GDP Positive — or Negative ?

Category: Consumer Spending, Data Analysis, Economy, Wages & Income

SFAS 157: Market Prices Too Low? Just Ignore Them!

Category: Credit, Derivatives, Markets, Taxes and Policy

Delay Cost

Category: Web/Tech

Goldman: Total Leveraged Credit Losses = $1.2 trillion

Category: Credit, Data Analysis, Derivatives, Finance

Arthur Levitt on the Bear Bailout, SEC, Fed

Category: Credit, Federal Reserve, M&A

How to Get Your Comments Deleted and Yourself Banned

Category: Weblogs

Volatility Spike, parts III and IV

Category: Markets, Mathematics, Psychology, Technical Analysis

Vacation-Home Sales Plummet 31%

Category: Data Analysis, Economy, Real Estate

Friday Night Jazz: What New Music Are You listening to?

Category: Digital Media, Music