Friday, July 10, 2009

Pass the anesthesia please

Stunning facts about Michael Jackson's memorial:

  • 31.1 million US television viewers (Nielson)
  • 18 million views over live stream (estimate)
  • 20 million downloads/streams after the fact (estimate)

(I tried to find a statistic on how many hours of coverage were dedicated to the story over the past 10 days but was unable, but I can tell you I was in 2 countries over the period and not much else was discussed.)

The tragic story of a talented young boy who endured great turmoil but went on to succeed in a tremendous way, only to spiral into a darkness of folly and debauchery leading to an early demise....

Must have been a nice distraction from the story of a young nation born from turmoil who went on to succeed in a tremendous way, only to spiral into a darkness of folly and corruption, seemingly headed for an early demise....

While the memorial was dominating the US media space, that nation continues to spiral out of control. The apparently impotent Obama administration continues to waste time seeking "consensus" rather than taking the radical steps required to begin the reversal of 30 years of economic debauchery. Oh, but there is time to meet the Pope. (don't get me started on the Pope)

FACT: AIG will be issuing fat bonus cheks this week
FACT: Morgan Stanley has obtained approval for the sale of a new derivative product: bundled debt assets... HELLO?

Pass the laughing gas please.

I invite anyone in the mood for horror reading to enjoy the following link.... http://www.rollingstone.com/politics/story/28816321/the_great_american_bubble_machine/print

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