In response to:

Conservatives Should End the Debt Ceiling Debate

ppotts Wrote: Jan 15, 2013 12:10 PM
Just do it. A country that spends more than it has coming in is not a good credit risk in anyones book and all they are doing is hiding it from the world. The problem is that just because it hasn't been made offficial doesn't mean they don't know we are not to be invested in. Thats why we go there to invest, they don't come here.
Watching the American scene in the 1960s, historian Daniel Boorstin, invented the idea of the “pseudo-event.” The rise of television and modern mass media had produced a transformation of the news business, so that what now mattered was not if an event was important, but only if it was “newsworthy.”

As Boorstin explained, the pseudo-event was orchestrated and planned to receive maximum public attention, even if the event itself was really unimportant. Pseudo-events merely look important, because the media and the public agree to act as if they are. As Boorstin explained, the pseudo-event is not something that happens by...

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