T.V. and radio News got you down? T.V. and radio News got you down? On-line current events and News blogs make being informed a much more enjoyable experience. For many the News on television has become a trying time of the day. Focused mainly on negative events, you may have to wait through the whole program just to hear the one story you were waiting for. If you miss the 6:00 p.m. My friends, there is an answer to this problem: News blogs or on-line current events. You can find all of your favorite broadcasters (E.g.: CNN, BBC) on the Internet, getting up-to-date information at any time of the day or night. You can even read personal journal entries written by multiple correspondents out in the field reporting on several different stories down to the current minute. Instead of hearing all News from one voice (often an irritating one), now you can read different human opinions straight from the scene of interest. Often News on-line has a section called “themes” which allows the reader to only hear about the specific areas that interest them.
No more waiting through several wars to get to the positive story about the current medical breakthrough that could mean a cure for disease, or the technological idea that might mean the end to extreme pollution levels. Like a newspaper, you can go straight to the “jobs” theme and search through all the current employment vacancies available. If you are obsessed with the negative, themes such as “Disaster and Tragedy” and “Crime and Punishment are still readily accessible. As the News is now on the Internet it has also become an interactive experience in numerous ways. First of all now you can send News stories straight to the News companies yourself! If the story is deemed worthwhile and verifiable, you may even be published. This is also the case with photographers who have pictures of important events. It really means anyone can become a part of the action as a freelance consultant. Some News on-line have “witness” sections where you can tell your story if you happen to have been in the right place at the right time.
This option means that we can hear many different views on contentious issues giving a wider perspective to the ‘big picture. Some News sites also have interactive sites within. For example, on the BBC News Blog there is a learning site (BBCi Learning) that involves interactive activities and over half a million pages of factual information and resources available for children, adolescents, and adults. There are competitions and all sorts of games to help educate people in any and every area of interest imaginable. Another great aspect of these on-line News sites is the ability to access archival information. You can watch video and listen to audio recordings of famous historical stories right on the computer. If the day is Feb.3, you can read articles from Feb.3s from fifty years ago. Looking up any date and year recorded is as easy as pushing a few buttons. Some services have subscriptions where instead of looking up the website, the News you want is sent straight to your email. Being in the know, and being in the now, has never been such an objective, enjoyable, and simplistic experience as in the 21st century. Partaking in a new perspective on life is what on-line current events and News Blogs are all about.
The agent-principal problem is rife in politics. The agent-principal problem is rife in politics. In the narrative that is the modern state, politicians are supposed to generate higher returns to citizens by increasing the value of the states assets and, therefore, of the state. In the context of politics, assets are both of the economic and of the geopolitical varieties. Politicians who fail to do so, goes the morality play, are booted out mercilessly. The misconduct of politicians is one manifestation of the “Principal-Agent Problem”. The obvious answer is that A can never motivate B not to follow B’s self-interest – never mind what the incentives are. That economists pretend otherwise – in “optimal contracting theory” – just serves to demonstrate how divorced economics is from human psychology and, thus, from reality. The same goes for politics and political science, respectively. Politicians will always rob blind the state. They will always manipulate electorates, political parties, legislatures, and the judiciary to induce them to collude in their shenanigans.
They will always bribe constituents and legislators to bend the rules. In other words, they will always act in their self-interest. In their defense they can say that the damage from such actions to each citizen is minuscule while the benefits to the politician are enormous. In other words: such misbehaviour is the rational, self-interested, thing to do. But why do citizens cooperate with such political brigandage? But everything falls into place if we realize that citizens and politicians are allied against the state – not pitted against each other. The paramount interest of both citizens and politicians is to increase the value of their benefits (stake) regardless of the true value of the state. Both are concerned with the performance of their individual assets rather than with the performance of the state. Both are preoccupied with boosting the “share’s price” rather than the “company’s business”. Hence the inflationary perks and pay packages enjoyed by politicians, directly (via campaign contributions, personal favours, an enhanced quality of lifestyle) and indirectly (via the revolving door between politics and business). Citizens hire “stock manipulators” – euphemistically known as “politicians” – to generate expectations regarding the future prices of their stakes in the state.