Why I don’t watch television news

This story illustrates nicely why no one should trust the reliablity of any news reporting they see on television or cable. Key quote:

Back in late-1989, I contended that the U.S. economy was in or headed into a deep recession. CNBC had me in to discuss my views along with a senior economist for a large New York bank, who was looking for continued economic growth. Before the show, the bank economist and I shared our views in the Green Room. I outlined my case for a major recession, and, to my shock, his response was, “I think that pretty much is the consensus.” We got on the air, I gave my recession pitch, and he proclaimed a booming economy for the year ahead. He was a good economist and knew what was happening, but he had to put out the story mandated by his employer, or he would not have had a job.

More recently, following an interview on a major cable news network (not CNBC), I was advised off-air by the producer that they were operating under a corporate mandate to give the economic news a positive spin, irrespective of how bad it was.” And now you know that watching stations like CNBC for anything more than just comedic value is hazardous to your health and wealth.

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Julie and Dick at Covent Garden

An evening pause: In a previous post, I described how I have always felt that Julie Andrews’ incredible screen presence was only rarely taken full advantage of during her career. In Mary Poppins — one the films that did showcase her wonderfully, Andrews’ co-star was Dick van Dyke, an amazing talent in his own right. For that film, Andrews and van Dyke had a chemistry that was riveting. In an earlier movie era, the studios would have taken advantage of that chemistry and cast them together again and again, much as Spencer Tracy and Katherine Hepburn were repeatedly cast together throughout the 1940s and 1950s. Unfortunately, by the 1960s the studio system was dead and such casting was impossible, and Andrews and van Dyke have never again appeared on the big screen together.

However, in 1974 they did do a television variety show special together, Julie and Dick in Covent Garden. One particular skit from that show not only demonstrated vividly the chemistry between Andrews and van Dyke and how we had lost something precious by not having them appear together in many films, the skit’s story itself illustrated in a most ironic manner these lost opportunities of life. Enjoy.

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Benny and Blanc on Carson

An evening pause: Jack Benny and Mel Blanc on the Johnny Carson show, 1974. After you have watched and laughed, ask yourself this question: why is it funny? The answer: because sometimes the best “funny” is in how it’s done, not in what is said.

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Tim Conway and the Elephant

An evening pause: a classic comedy moment from the Carol Burnett Show. Tim Conway says a few simple words that on their face are not that funny, but somehow he not only puts you and the audience in tears, he destroys everyone on the set as well.

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