Is Wolf Blitzer Hurting America?

This is so good I had to repost it, it is from Darren Hardy publisher of Success magazine. I have been saying much of this for years… – John Pollock

During the media tour launching The Compound Effect, CNN asked me to submit an article for their website. So, what do I have to say to CNN? Below is the article I submitted to my PR team. Even after they begged me to neuter it, to refocus it on 24/7 news (not just CNN and not just the Wolf man), CNN still didn’t have the backbone to publish the critical commentary. So I publish it here.

(CNN-) Disaster. Crisis. Failure. Scandal. Tragic. Devastation. Danger. Emergency. Threat. Crash… just a few words spoken by Wolf Blitzer in “The Situation Room” within only a five-minute span. If you listen to The Wolf, the world is coming to an end… every five minutes. And we wonder why people feel hopeless (giving up the belief that a job even exists), fearful (pessimistic about the future) and lack confidence (market and otherwise) when you have The Wolf & Friends spreading the gospel of fear, worry, danger and anxiety in our family rooms, offices, cars and airports 24/7.

The damage these constant and repeated messages have on our consciousness and creative potential is “devastating.” (see Media Madness video)

What controls your attention controls your life.

Where your attention goes, energy flows and so goes your life. When I interviewed racecar-driving legend Mario Andretti, I asked him for the No. 1 success tip to racecar driving. His answer, “Don’t look at the wall.” He explained, “Your car goes where your eyes go.” If you are a tightrope walker, what’s the one thing you never do? Right, look down. Why? Your body will follow your eyes. Your body (your life) also follows your eyes (your attention). If you point your eyes at Constant Negative News (there’s an acronym for that), your life will also go in that direction.

Your mind is like an empty glass. It will hold anything you put into it. You put in sensational news, salacious headlines and talk show rants and you are pouring dirty water into your glass. If you’ve got dark, dismal, worrisome water in your glass, everything you create will be filtered through that muddy mess, because that’s what you’ll be thinking about. Garbage in, garbage out.

You can flush your dirty glass with clean, clear, pure water. What is clear water? Positive, inspirational and supportive input and ideas. Stories of aspiration, people who, despite challenges, are overcoming obstacles and achieving great things. Strategies of success, prosperity, health, love and joy. Ideas to create more abundance, to grow, expand and become more. But it’s a constant battle as we are surrounded by those who want to spew dirty water into our glass constantly.

Why does The Wolf do it?

The fight for your attention has never been bloodier. Once upon a time there were only a few TV channels, a few radio stations (that came in), a few major newspapers and a handful of magazines. Now there are thousands of each, plus blogs, RSS feeds, text alerts, iPad apps, satellite radio, Pandora, tweets, Facebook posts and LinkedIn notifications, ad nauseam. So to compete in this bare-knuckled blood sport The Wolf has to shock you into paying attention to him (and his advertisers) and nothing gets your attention like good old-fashioned fear.

Your mind is not designed to make you happy. Did you know that? Happiness is not its job. Its main and sole concern is survival, to keep you alive, thus it is on constant watch looking out for any danger or impending threat. The Wolf knows this. The Wolf knows your mind better than you. He can’t get your attention (or the needed Nielsen audience measurement metrics) with happy feel-good stories and reports. Positive potential, abundance and optimism don’t grab your mind by the shirt collar like danger, disaster and tragedy does.

The media is crippling our creative potential.

You get in life what you create. Expectation drives the creative process. What do you expect? You expect what you are thinking about. Your thought process, the conversation in your head, is the foundation of the results you create in life. What are you thinking about? What is influencing and directing your thoughts? The answer: whatever you’re allowing yourself to hear and see. The input you are feeding your mind is what it is processing and thinking about.

If you listen to The Wolf you will be constantly reminded of, and thinking about, the tragic unemployment rate, the volatile and uncertain stock market, the gloomy state of the economy, scandals on Wall Street, gossip and shenanigans in Washington… after the relentless coverage of the latest tsunami, hurricane, car bombing, heinous murder and other calamities. Feed your mind repeated meals of that junk food and then wonder why you don’t feel very motivated to find a job or start a new business.

You can change the world—your world.

You can rid your world of all wars, murders, crimes, scandals, gossip, corruption and international disasters. You have that much power… in the palm of your hand.

How? Hit the OFF button. Turn off your TV. Turn off your radio. Cancel your newspaper subscription.

I learned an important life philosophy long ago. Control what’s controllable. What you can’t control is the national economy. What you can control is your economy. What you can’t control is what Washington does about healthcare. What you can control is the care of your own health. What you can’t control is how the president is running the country. What you can control is how you are running your business, household and life. What you can’t control is the war in Afghanistan. What you can control is the peace and harmony in your own home. Stop paying attention to what you can’t control, or it will control you and your life.

It’s time to take back control of your mind so you can take back your life. Stop letting other people influence your attitude, your hope for the future and your potential to do something great. Focus your mind and attention on what is right with the world and what’s possible for you. At the same time The Wolf is pointing out the 12 ugly, heinous, murderous and disastrous things that happened in the world today, millions of wonderful, miraculous and beautiful things happened as well. Step out of the perverted view of the world from “The Situation Room” and into the world of abundance, splendor and the unlimited positive potential that surrounds you every day. Focus your attention on ideas, information and knowledge that can help you grow, prosper, create and contribute to making a positive difference in your world… and you might just do something to change the world.

Bio: Darren Hardy, author of The Compound Effect—Jumpstart Your Income, Your Life, Your Success, is an accomplished entrepreneur, publisher and editorial director of SUCCESS magazine. He’s a peak performance expert and popular keynote speaker.

 

Dallas Financial Advisor- Good News From Complaining

Weekly Economic Update-January 30, 2012

WEEKLY QUOTE

“Judge each day not by the harvest you reap but by the seeds you plant.”

- Robert Louis Stevenson

January 30, 2012

ECONOMY GROWS 2.8% IN Q4
While this is the best GDP reading since Q2 2010, the initial estimate from the Bureau of Economic Analysis still disappointed the markets. Many economists and investors were looking for growth of 3.0% or better. The majority of the growth actually came from increased inventories. Consumer spending rose 2.0% last quarter, with auto sales being the biggest factor. Durable goods orders did see 3.0% growth in December, putting them 45% above the recession low hit in April 2009.1,2,3

DIPS IN NEW & PENDING HOME SALES
The number of signed home sale contracts fell 3.5% in December, according to the National Association of Realtors. Separately, a Census Bureau report showed that new home sales declined 2.2% in December.4,5

MARQUEE SENTIMENT INDEX AT 11-MONTH PEAK
The Thomson Reuters/University of Michigan consumer sentiment index ended January at 75.0. This was way up from December’s 69.9 mark, and it beat the 74.1 reading forecast by economists surveyed by Reuters.6,7

A STRONG MONTH COMES TO A CLOSE
With just a couple of trading days left, January is shaping up to be the best month for U.S. equities since October (see the YTD numbers below). Across last week, the S&P 500 rose 0.07% to 1,316.33 and the NASDAQ gained 1.07% to 2,816.55; the Dow slipped 0.47% to fall to 12,660.46.1

THIS WEEK: The December consumer spending report comes out Monday. On Tuesday, earnings reports arrive from Amazon.com, Broadcom, ExxonMobil, UPS, Pfizer and Eli Lilly – and we also get the latest S&P/Case-Shiller home price index and the Conference Board’s January consumer confidence poll. Wednesday, Q4 results roll in from Qualcomm, Electronic Arts, Aetna and Marathon Oil and the latest ISM manufacturing index appears. Besides new initial claims figures, Thursday brings Q4 results from Unilever, Sony, Deutsche Bank, Merck and Beazer Homes. Friday, the January unemployment report is out along with ISM’s service sector index and data on December factory orders; Clorox also issues Q4 results.

% CHANGE

Y-T-D

1-YR CHG

5-YR AVG

10-YR AVG

DJIA

+3.63

+5.59

+0.28

+2.83

NASDAQ

+8.11

+2.22

+3.13

+4.49

S&P 500

+4.67

+1.29

-1.49

+1.62

REAL YIELD

1/27 RATE

1 YR AGO

5 YRS AGO

10 YRS AGO

10 YR TIPS

-0.18%

1.16%

2.48%

3.48%

 

Sources: cnbc.com, bigcharts.com, treasury.gov, treasurydirect.gov – 1/27/121,8,9,10

Indices are unmanaged, do not incur fees or expenses, and cannot be invested into directly.

These returns do not include dividends.

Sources: cnbc.com, bigcharts.com, treasury.gov, treasurydirect.gov – 1/27/121,8,9,10
Indices are unmanaged, do not incur fees or expenses, and cannot be invested into directly.
These returns do not include dividends.

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«RepresentativeDisclosure»

This material was prepared by MarketingLibrary.Net Inc., and does not necessarily represent the views of the presenting party, nor their affiliates. Marketing Library.Net Inc. is not affiliated with any broker or brokerage firm that may be providing this information to you. This information should not be construed as investment, tax or legal advice and may not be relied on for the purpose of avoiding any Federal tax penalty. The Dow Jones Industrial Average is a price-weighted index of 30 actively traded blue-chip stocks. The NASDAQ Composite Index is an unmanaged, market-weighted index of all over-the-counter common stocks traded on the National Association of Securities Dealers Automated Quotation System. The Standard & Poor’s 500 (S&P 500) is an unmanaged group of securities considered to be representative of the stock market in general. It is not possible to invest directly in an index. NYSE Group, Inc. (NYSE:NYX) operates two securities exchanges: the New York Stock Exchange (the “NYSE”) and NYSE Arca (formerly known as the Archipelago Exchange, or ArcaEx®, and the Pacific Exchange). NYSE Group is a leading provider of securities listing, trading and market data products and services. The New York Mercantile Exchange, Inc. (NYMEX) is the world’s largest physical commodity futures exchange and the preeminent trading forum for energy and precious metals, with trading conducted through two divisions – the NYMEX Division, home to the energy, platinum, and palladium markets, and the COMEX Division, on which all other metals trade. Additional risks are associated with international investing, such as currency fluctuations, political and economic instability and differences in accounting standards. All information is believed to be from reliable sources; however we make no representation as to its completeness or accuracy. All economic and performance data is historical and not indicative of future results. Market indices discussed are unmanaged. Investors cannot invest in unmanaged indices. The publisher is not engaged in rendering legal, accounting or other professional services. If assistance is needed, the reader is advised to engage the services of a competent professional.

Citations.
1 – www.cnbc.com/id/46162429 [1/27/12]
2 – money.msn.com/market-news/post.aspx?post=6e802a2f-f50a-4ae4-948b-7bc9555ff5f6&_nwpt=1 [1/27/12]
3 – www.npr.org/2012/01/26/145895744/durable-goods-orders-signal-business-investment [1/26/12]
4 – www.reuters.com/article/2012/01/25/us-usa-economy-idUSTRE7BM0AB20120125 [1/25/12]
5 – www.startribune.com/business/138174364.html [1/26/12]
6 – montoyaregistry.com/Financial-Market.aspx?financial-market=common-financial-mistakes-and-how-to-avoid-them&category=29 [1/27/12]
7 – www.cnbc.com/id/46162624/ [1/27/12]
8 – bigcharts.marketwatch.com/historical/default.asp?symb=DJIA&closeDate=1%2F27%2F11&x=0&y=0 [1/27/12]
8 – bigcharts.marketwatch.com/historical/default.asp?symb=COMP&closeDate=1%2F27%2F11&x=0&y=0 [1/27/12]
8 – bigcharts.marketwatch.com/historical/default.asp?symb=SPX&closeDate=1%2F27%2F11&x=0&y=0 [1/27/12]
8 – bigcharts.marketwatch.com/historical/default.asp?symb=DJIA&closeDate=1%2F26%2F07&x=0&y=0 [1/27/12]
8 – bigcharts.marketwatch.com/historical/default.asp?symb=COMP&closeDate=1%2F26%2F07&x=0&y=0 [1/27/12]
8 – bigcharts.marketwatch.com/historical/default.asp?symb=SPX&closeDate=1%2F26%2F07&x=0&y=0 [1/27/12]
8 – bigcharts.marketwatch.com/historical/default.asp?symb=DJIA&closeDate=1%2F28%2F02&x=0&y=0 [1/27/12]
8 – bigcharts.marketwatch.com/historical/default.asp?symb=COMP&closeDate=1%2F28%2F02&x=0&y=0 [1/27/12]
8 – bigcharts.marketwatch.com/historical/default.asp?symb=SPX&closeDate=1%2F28%2F02&x=0&y=0 [1/27/12]
9 – treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=realyield [1/27/12]
9 – treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=realyieldAll [1/27/12]
10 – treasurydirect.gov/instit/annceresult/press/preanre/2002/ofm10902.pdf [1/9/02]

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