Showing posts with label social media. Show all posts
Showing posts with label social media. Show all posts

Friday, February 17, 2012

THE CENTURY OF SELF - MANIPULATION AND DEGENERATION


It is a rainy weekend and I've had this video in the hopper for a while so I thought that I would share it with you.  I've often written about "the post" I've been working on that highlights where our US society is going, and along the way I discovered this video.  Ultimately, I think it fits into the theme of the degeneration of our country and grapples with the notion that as citizens that are engaged 24 hours a day, 7 days a week in some sort of mass media, we end up believing the stories that are presented to us.

BEHAVIORAL MODIFICATION THROUGH FILTERING
Think about this for a moment.  The messages that we hear and see drive all of our decisions.  I think a perfect example is that of our current leadership in the White House.  When President Obama was elected he had little real political experience and no foreign policy experience and ran based on a campaign to end all wars and stop all military efforts abroad.  Suddenly, upon election, he refused to end the Iraq conflict, continues to remain in Afghanistan, helped topple Egypt through lack of action, deposed Libya's dictator through the UN, and now looks focused on efforts to engage Iran.  All the while he has kept Gitmo open.  What happened?  How did a pacifist anti-war Constitutional Law professor like Obama become a war-mongering imperialist?

My opinion is that there are two reasons for the changes we've seen with Mr. Obama.  First, someone shared with him that there really are bad guys in the world.  Second, he is probably receiving a steady diet of feedings about how evil folks are by the machine, and reality becomes what the organization wants the President to see and know.  In a way, we are all like this, and this is why I want to present this documentary to you.  We receive filtered information and thus we can be manipulated into believing just about anything.

MAKING ME WANT WHAT THEY WANT ME TO WANT
The video is about creating needs and wants in target subjects and controlling their behavior through the most basic manipulation techniques.  I think I've done a pretty good job with my kids as they have grown up asking them probing questions as commercials are presented to them on kid shows.  They are aware that companies are attempting to sell them stuff they don't need or want.  I hope that their ability to recognize these tricks sticks!

I know the video is long.  Just act like you eating an elephant....and take it one bite at a time.  Come back to the site when you need a break and make sure to shop in our Amazon box at the upper right because you deserve some plastic crap from China or a book or game that only can be obtained through my search box....hurry there is only a limited amount of time to get the best deal!  Maybe click and ad or two and check out our Google Ad sponsors!  (Ok self-serving commercials are over!).

THE CENTURY OF SELF




HERE'S THE STORY, NOW THINK THIS.....
Finally, please check out this story about a software program used by Forbes and a few other outlets. The program actually writes stories and then compiles data and adds pictures.  AUTO-PILOT JOURNALISM

We now have the ability to automate and create stories with depth based on events that happen.  In other words, the computer software that a media giant actually uses creates stories and adds a bias to them without human eyes needing to manage the process.  Now, to make this even more conspiratorial, think about this software in the hands of a totalitarian regime like North Korea or Russia.  Isn't it an easy leap to believe that it would be a great tool to control the masses?

Just something to think about when you feel like putting your tin-foil hat on during this rainy weekend.


GOATMUG

Goatmug is an investor that cares about you and your family. Goatmug's Blog - Financial Perspectives From The Mountain Top is a collection of thoughts on our economy and how it impacts the lives of investors and average people. While several specific investments are named in many of his posts, these articles are simply invitations for you to do your own research and reference to these securities does not constitute financial advice. Your situation is complex and unique and you should seek professional assistance with your trading and investing. Please visit Goatmug and share your comments at http://www.goatmug.blogspot.com/ 

Tuesday, January 31, 2012

HOW FACEBOOK EARNS MONEY

Just wanted to provide a follow up story on The Facebook Economy piece I wrote yesterday.
If you wondered how Facebook makes money, here is a couple minute piece by Bloomberg on how the social media company generates revenues.







GOATMUG

Goatmug is an investor that cares about you and your family. Goatmug's Blog - Financial Perspectives From The Mountain Top is a collection of thoughts on our economy and how it impacts the lives of investors and average people. While several specific investments are named in many of his posts, these articles are simply invitations for you to do your own research and reference to these securities does not constitute financial advice. Your situation is complex and unique and you should seek professional assistance with your trading and investing. Please visit Goatmug and share your comments at http://www.goatmug.blogspot.com/ 

Thursday, October 20, 2011

THE SOFTER SIDE OF THE FED (SCARY)


I encourage you to read the piece in Bloomberg this week on Bill Dudley, the President of the NYFED titled
"Not Your Father's New York Federal Reserve NY FED President - Bloomberg Article by Caroline Salas Gage

PR BLITZ INDICATES FED HATERS ARE WINNING
Are you getting the idea that the FED is putting the full court press on the public to encourage them to see the side of them that is benevolent and for the little guy?  Yes, me too.  I mean how on earth could we possibly believe that the Fed had anything but the common folk's best interest at heart as they engineered too major stock market collapses and one real estate implosion in the last decade?

Dudley is one of the 3 Fed chiefs that actually matter, the others are Fed Chairman Ben Bernanke and Janet Yellen who is the Vice Chair of the Federal Reserve Board.

The article notes how hard Dudley is trying to get out with regular people and explain how the Fed is helping them.  Clearly he hasn't internalized the criticism of the Fed and questioned if anything they have to say might be true as the Fed continues to squeeze investors that use fixed income investments or even savings accounts as part of their portfolio.  Dudley obviously believes that old ladies should need to take more credit risk or simply cut out medical coverage or incidentals like food or shelter rather than raise interest rates.

Dudley's moves highlight the growing importance of the public's view of the Federal Reserve given that it has now become politically acceptable to believe that the Fed is a part of the financial crisis.  Ron Paul has a book about Ending the Fed, Rick Perry also is quite wacky crying that the US needs to get rid of the Fed.  I've even seen a sign or two in the OWS demonstrations that actually reference the Fed.  A growing move to understand and dismantle the Fed is absolutely not in the Fed's best interest..... nor in the interest of the banks and uber-wealthy 1%ers.  I expect more concerted efforts to humanize the Fed and make Joe 6 Pack feel happy to have a benevolent Fed on our side.

INFORMATION FLOW OR BIG BROTHER?
Now, add this to the recent "rumored" request by the Fed to begin a project to scan and analyze references to the Fed in social media and the blogosphere in order to capture market sentiment, I think you have a situation that could be ultimately bad for all of us in the general public.
http://www.forbes.com/sites/mobiledia/2011/09/30/federal-reserve-wants-to-monitor-facebook-twitter/

http://info.publicintelligence.net/FRBNY-SocialMedia.pdf

Clearly the conspiratorial side of me feels like the Fed has sinister intentions when they move forward with this project, however, the NY Fed assures us that it is all good, why worry?
 
"The project reflects its (NY Fed's) commitment to “improving its communications and engagement with the public in order to enhance and improve the public’s understanding of its activities and the role it plays in supporting the U.S. Economy,” according to a Fed spokesman’s statement."

I'm sure the Fed's efforts will be passive and harmless and simply used for data collection.  Having said that, I'm sure it won't be long till a blogger or Facebooker is threatened with jail or lawsuit for disparaging the Fed and invoking some type of crisis of confidence relate to their posts.  Think it can't happen?  Look no further than the Eurozone's sovereign debt issues where investors and "evil speculators" are targeted for stating that the sovereign countries are broke and the bonds are a poor investment.  Give the US debt crisis a few more years and we'll see how "passive" this monitoring becomes.

GOATMUG
Goatmug is an investor that cares about you and your family. Goatmug's Blog - Financial Perspectives From The Mountain Top is a collection of thoughts on our economy and how it impacts the lives of investors and average people. While several specific investments are named in many of his posts, these articles are simply invitations for you to do your own research and reference to these securities does not constitute financial advice. Your situation is complex and unique and you should seek professional assistance with your trading and investing. Please visit Goatmug and share your comments at http://www.goatmug.blogspot.com/