Sunday, October 5, 2008

News Creates News

I’m starting to miss the good ol’ days when we weren’t bombarded with news stories about every single thing that happens every single day. We are able to receive up-to-the minute news on the internet and on TV, and I don’t think it always serves us well. The financial crisis in the United States is really bad right now, and in my opinion, it’s just made worse by the constant updates about it. When the initial “Bailout Plan” failed in congress, the stock market immediately took a huge dive as a result. Maybe there would have been a different outcome if we hadn’t been told what happened in congress…It’s hard to say. Americans are getting more depressed and worried about savings accounts and housing foreclosures, and perhaps there would be less worry and panic if we weren’t constantly exposed to all of the news about the financial state of the country. Hearing statistics about the number of foreclosures in California makes me worry about my own home. Then I remind myself that my home and mortgage really aren’t directly affected by those foreclosures. It just feels that way when there’s so much information thrown at us. We’ve fooled ourselves into believing that we need to know everything that’s happening on every corner of the earth, but how much of it truly is useful and necessary information? Especially everything we hear and read about each teeny tiny detail in celebrities’ lives! But that’s a whole other story.