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CNN Getting Desperate for Accurate Economic Predictions

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By Doug Powers  •  June 25, 2011 04:44 PM

**Written by Doug Powers

When I heard that CNN was bringing in psychics I just thought they needed help in determining where Eliot Spitzer’s ratings were buried, but nope — it was to talk about the future of the global finance.

The Fed Chairman is absolutely stumped as to why the economy is where it is as well as where it’s going (it’s impossible to predict the future with any degree of accuracy when you refuse to honestly interpret the past), Tim Geithner thinks more of the same will achieve a different result, and the administration in general is determined to follow the same “green jobs” path that is helping drive a stake through the financial heart of parts of Europe. Given that, you don’t need a soothsayer to predict what will happen economically if we stay on the present course.

In short, CNN brought in psychics when they should have been talking to undertakers:

*****

This could make for an interesting experiment. Let’s replace Ben Bernanke and Tim Geithner with psychics James van Praagh and maybe the one with the Frito corn chip fingernails, Sylvia Browne. Let’s then base every economic decision for the next year on Tarot card readings, and I’m willing to bet that things get a little better.

To learn more about this subject, don’t miss the upcoming film Ghost II: Oda Mae Brown, Treasury Secretary.

(h/t Mediaite)

**Written by Doug Powers

Twitter @ThePowersThatBe

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