A Plea To Jon Stewart

Thursday, March 5, 2009

A Plea To Jon Stewart

Have you seen this video below? Priceless.

So tonight I have a plea for Jon Stewart:

Jon Stewart, can you do one of these for the credit ratings agencies - you know Moody's, Standard and Poor's etc.? Sadly, CNBC doesn't have a fraction of the power of the ratings agencies. Because of the power of competition, people can just start watching Bloomberg or something else, ratings go down and CNBC changes the programming.

That is not the case with ratings agencies.

We have had to live with whatever they say and do.......even when they know and admit that they have been wrong. The media can influence the global financial system, but not the way the rating agencies can. And right now, the rating agencies actions are only resulting in more layoffs, lowered share prices (your 401Ks people), lowered confidence in companies etc. etc.. And they have already admitted that they have been horrendously wrong and partially responsible for this global financial disaster.

So Jon Stewart, please do one of these for the ratings agencies. Let's have a look at how many times they have been right. Let's look at all the "AAA ratings" that got the world into this global mess.

The Daily Show With Jon StewartM - Th 11p / 10c

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Why "Reasoning the Reasons"?

Jamaicans love to engage in "reasoning".

Translation for all the non-Jamaicans: what that means is we are a culture of people - with strong individual opinions - who love to have discussions on everything - especially matters of global and social importance.

As a developing country, we feel the effects of decisions made by the developed countries - those richer and more powerful. Historically, we are given many "reasons" for their actions - actions that do not produce the results (more "reasons") they tell us to expect.

Therefore, we find ourselves trying to make sense of what appears sometimes to be nonsense. We find ourselves trying to figure out the methods behind the apparent madness. Most importantly, we find ourselves trying to "keep on keeping on" - otherwise known as survive. That is reasoning. And it is part and parcel of what makes us Jamaicans.

As Bob Marley said: "There is so much trouble in the world". How true. And we hear many "reasons". And we are given even more "reasons" for the solutions and that many more "reasons" for the failures of the solutions.

In true Jamaican style, this blog is just "reasoning the reasons".

I look forward, not back.

I do not blame, I analyze.

I observe, comment, and question.

And the objective? It's a better world for all people and generations to come.

Deika Morrison: Reasoning The Reasons

Thursday, March 5, 2009