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  • Originally posted by Da Coach View Post
    First Ben- maybe CNBC does do this, but there is no law or requirement that they must do it, and the great majority of talking heads on TV who discuss stocks and products do not reveal their person interests or material connections.

    Maybe there should be laws requiring such disclosures, but the biggest difference between the TV shows you cite and blogs, is that nobody would mistake 99% of the personal blogs on the internet as the word of an expert. Those TV shows claim to have some level of expertise and claim to be legitimate and unbiased by personal interests in what they endorse. Bloggers aren't usually experts, and rarely claim they have no personal interest in what they endorse.

    The biggest problem I see is that there is simply no way the government can police or enforce such rules on the tens of thousands of personal blogs and message boards on the internet. So ultimately, such laws will only be enforced highly selectively, and in a severely biased way, whenever the party in power wants to go after someone they feel is a threat to them. We all know who the current party in power feels threatened by, as demonstrated by some references in this thread.

    Disclaimer- Anything I said about the Bradley team and the Itoo Hall event last night must be considered in the context that I received a couple free schedules from Bradley.
    DC, while there may be no specific law with the disclosure for CNBC on this, I believe that CNBC is being conservative with an interpretation of the Sarbanes-Oxley Act of 2002 which was signed into law by George W Bush. Specifically section 501 which requires analysts to disclose confilcts of interest on research reports to increase investor confidence to make recommendations free of external influence or allow investors to review the report in light of the disclosed interests.
    Bradley 72 - Illini 68 Final

    ???It??™s awful hard,??™??™ said Illini freshman guard D.J. Richardson, the former Central High School guard who played prep school ball a few miles from here and fought back tears outside the locker room. ???It??™s a hometown thing. It??™s bragging rights.??™

    Comment


    • Originally posted by Murph View Post
      I can't even imagine the hysteria from to right if the Obama administration tried to do something like that.
      You know Murph, I'm sure you are well intentioned, but you just cannot underestimate the lengths these terrorists will go in trying to kill people and blow things up in this country! There is a reason agencies watch people by doing what they do. It is to protect people like YOU and me. And I for one do not mind some slight infringements of freedom if it will keep us safe for us and our children.

      I am not an Obama fan, but I hope he continues to keep in place what Bush established to keep us safe. Only time will tell though.

      Comment


      • Originally posted by Da Coach View Post
        These new provisions require bloggers to reveal all material connections they have with the maker or producer of the product or service they are promoting.
        This is a quote form the goverment release about these new provisions of the FTC act-

        "bloggers who make an endorsement must disclose the material connections they share with the seller of the product or service."

        so that means that if I make any positive statement about Bradley basketball on this site, or on a blog, I am now required by these government laws to reveal clearly what material connections I have with Bradley.

        So from now on, I will avoid saying anything positive about Bradley
        or maybe I will add a signature to all my posts that detail every penny I have donated, and every free ticket, free drink, or other perk I have gotten from Bradley at their booster events. It's my duty under President Obama's law, and many of the other posters here should do the same to avoid legal penalties.
        I could not agree with you more Coach! I do NOT want the government watching what I say and what I do within the confines of my own home. That would set a frightening precedent on what the government can and cannot do, and that sends chills up my spine just thinking about that!

        And this rubbish that our government is even considering kind of defeats the intent of what a blog is all about anyway. Just writing posts of what you think about a subject, which the last time I checked don't have to be factually accurate! That's what an opinion is in the first place.

        Now to the point about government spying on emails and phone calls to keep us safe. I say have at it, though I would hope they do excercise a certain amount of restraint and not just haphazardly watch everything someone says. However, as long as they watch and not regulate what is said, I would have no problem with that. Those are two completely different things, and I think the regulation point that has been discussed goes back to this ridiculous idea that bloggers have to "disclose" what material connections they have with a product. Regulation means infringing on our rights to say what we want, much more than just monitoring a suspicious person that may be planning on blowing up a building!

        Comment


        • Originally posted by tornado View Post
          The government already intrudes enough into everyone's daily life...they take half our productivity in taxes and give a lot of it to those who who choose not to be productive.
          There are only a few who actually want and welcome the government getting EVEN more intrusive in our daily lives, and they are called liberals and socialists...
          In time, we will be communist while the rest of the ex-communist nations have already learned their lessons.
          Great point tornado! The U.S. is going more extreme liberal while eastern Europe is probably more conservative than we are. Who would've thought we would have seen this day coming?!

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          • Was just thinking, Chicago should be getting used to being eliminated the first week of October.
            What part of illegal don't you understand?

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            • Originally posted by Beninator View Post
              DC, while there may be no specific law with the disclosure for CNBC on this, I believe that CNBC is being conservative with an interpretation of the Sarbanes-Oxley Act of 2002 which was signed into law by George W Bush. Specifically section 501 which requires analysts to disclose confilcts of interest on research reports to increase investor confidence to make recommendations free of external influence or allow investors to review the report in light of the disclosed interests.
              Ha ha! CNBC is being conservative?!! I thought I would never see the day where I EVER saw the words CNBC and conservative in the same sentence!

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              • Illinois will sure be a lot more peaceful in 2016 thanks to the 2009 Nobel Peace prize winner...

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                • Originally posted by Bravesfan View Post
                  Ha ha! CNBC is being conservative?!! I thought I would never see the day where I EVER saw the words CNBC and conservative in the same sentence!
                  NBC = liberal
                  CNBC = conservative

                  If you watch CNBC regularly you will notice that the majority of reporters are fiscal conervatives.

                  Comment


                  • Please come on anyone willing to give in to our personal freedom for the terrorist! This is just a perfect way for the men in power to keep the majority of the public off balance so they can have their way. Let's scare the public and ask for more bombs! I for one do not have to much faith in our current political system with special interest ruling the way for the benefits of a few. Until we wake up as a country and put a stop to all this fear mongering and feeding the leftest agenda for PR opportunities such as the failed health care non-reform (look at how much richer the insurance company is walking away with from the proposed bill) the middle class will continue to pay for entitlements that both sides of the aisle seem to love. Big business just walked away with a ton of tax payers money for failing and giving us false promises i.e. big banks, auto industry!
                    "Educate and inform the whole mass of the people...they are the only sure reliance for the preservation of our liberty."
                    ??” Thomas Jefferson
                    sigpic

                    Comment


                    • Originally posted by ph View Post
                      Illinois will sure be a lot more peaceful in 2016 thanks to the 2009 Nobel Peace prize winner...
                      If our President can perform that miracle, don't forget Chicago will still be in Illinois, he will deserve a permanent Nobel Peace prize. I wish him luck.
                      What part of illegal don't you understand?

                      Comment


                      • Originally posted by Chico View Post
                        If our President can perform that miracle, don't forget Chicago will still be in Illinois, he will deserve a permanent Nobel Peace prize. I wish him luck.

                        What a deep and thought provoking post.....

                        Comment


                        • Originally posted by SFP View Post
                          Please come on anyone willing to give in to our personal freedom for the terrorist! This is just a perfect way for the men in power to keep the majority of the public off balance so they can have their way. Let's scare the public and ask for more bombs! I for one do not have to much faith in our current political system with special interest ruling the way for the benefits of a few. Until we wake up as a country and put a stop to all this fear mongering and feeding the leftest agenda for PR opportunities such as the failed health care non-reform (look at how much richer the insurance company is walking away with from the proposed bill) the middle class will continue to pay for entitlements that both sides of the aisle seem to love. Big business just walked away with a ton of tax payers money for failing and giving us false promises i.e. big banks, auto industry!
                          Keep in mind despite my previous posts, I'm not happy with the way things have gone on the "right" side of the aisle lately either. But I would much rather have the Republicans in charge when it comes to national security issues than the dems.

                          Comment


                          • Originally posted by Braves4Life View Post
                            NBC = liberal
                            CNBC = conservative

                            If you watch CNBC regularly you will notice that the majority of reporters are fiscal conervatives.
                            Maybe CNBC is fiscally conservative, but I still think the majority of their reporters were for Obama. Maybe I'm wrong, but that's the impression I got back last fall during the presidential campaign.

                            Comment


                            • Originally posted by Bravesfan View Post
                              Keep in mind despite my previous posts, I'm not happy with the way things have gone on the "right" side of the aisle lately either. But I would much rather have the Republicans in charge when it comes to national security issues than the dems.
                              My frustration is that we are increasingly becoming a country where the PR hype is becoming the meat behind every issue. Illusionists at their finest.

                              "The tail wagging the dog." Iraq, health care, Obama receiving the Nobel Prize for Peace!
                              "Educate and inform the whole mass of the people...they are the only sure reliance for the preservation of our liberty."
                              ??” Thomas Jefferson
                              sigpic

                              Comment


                              • Originally posted by Bravesfan View Post
                                Maybe CNBC is fiscally conservative, but I still think the majority of their reporters were for Obama. Maybe I'm wrong, but that's the impression I got back last fall during the presidential campaign.
                                As for only CNBC, I have quite the opposite impression as I believe that most of their reporters are fiscal conservatives and and were openly questioning the policies of the Democrats during the campaign last year.
                                Bradley 72 - Illini 68 Final

                                ???It??™s awful hard,??™??™ said Illini freshman guard D.J. Richardson, the former Central High School guard who played prep school ball a few miles from here and fought back tears outside the locker room. ???It??™s a hometown thing. It??™s bragging rights.??™

                                Comment

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