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Monday, September 29, 2003

As a California resident and voter who remembers all the media hype during 2000 election about Bush winning California, I wonder if the same thing is happening again with Schwarznegger and the recall election.

I remember Senator John McCain even saying one week before the presidential election that Gore would lose California and Bush would win. The polls even showed Bush winning. Yet, Gore won California by a huge margin.

I mean this is the same media after all, who hyped the dot com market and never said anything about it the stocks being overvalued or even talking about the possibility of a crash. We didn't get any of that, except maybe the mainstream media scoffing at the doom and gloomers who said to get out of the market before it crashes.

So let's see ... in March 2000, Nasdaq was at what 5,000 + and today it closed at 1,824.

Does the mainstream media ever get anything right?

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