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Financial "News"
ByDrum explains why the TV networks are obsessed with the Dow:
...nobody makes or loses money based on betting on the unemployment rate. And we don't have exciting video of traders going nuts on exchange floors when hourly wage numbers are announced. And anyway, all that stuff is only available on a monthly basis. You can hardly run a 24/7 cable show based on that, can you?
They also need winners and losers, as their treatment of politics has become indistinguishable from their treatment of sports. I'm happier online myself.
