[N8 v2.0]

http://www.businessandmedia.org/specialreports/2008/GreatDepression/GreatDepression_FullReport.asp

.

The Business & Media Institute performed a detailed analysis of two major weeks in America’s stock market history – the week of the stock market crash in 1929 and the week of the Bear Stearns collapse in 2008. BMI examined daily news reports from Oct. 28 to Nov. 3, 1929, in The Wall Street Journal, New York Times and Washington Post. Those were compared to daily reports on ABC, CBS and NBC from March 13 to March 19, 2008. The difference between how the 1929 and 2008 media handled a crisis was profound – with modern journalists hyping every event and their predecessors expressing calm optimism.

 

[jimmydean]

Bush: …and I’m convinced fifty years from now people will look back and say, Thank God there were those that were willing to sacrifice.

 

[DirtMcGirk]

Bush: …and I’m convinced fifty years from now people will look back and say, Thank God there were those that were willing to sacrifice.

Are you kidding?
Unless you're referencing a suicide bomber butt humping the Presdiential Limo...

 

[N8 v2.0]

oh noes!!11 i can only afford extended cable tv!!11111

It's a Depression!!11

 

[Silver]

Yeah, that calm optimism in 1929 was warranted...

 

[DirtMcGirk]

I does not even have teh cabl. Make me sads.

 

[reflux]

Lame thread.

 

[DirtMcGirk]

Lame thread.

Hooker pirate.

 

[ohio]

This just in: there is more news coverage of current events in 2008 than 1929.

What a brilliant insight! I know I, for one, would have expected that without widespread telephone use, fax machines, digital printing presses, the internet, cell phones, digital cameras, digital video, the freedom of information act, and television there would have been equal coverage in 1929.

 

[ohio]

their predecessors expressing calm optimism.

So you mean Bush-like denial and willful ignorance? That must have done them a lot of good. How did 1930 turn out?