Media plumbs new lows: SHOCK!

A tweet took me to this article from Time World. And it had a panel of articles ‘from the web’ at the bottom, each with nice little illustrations making it look like content of sister magazines or at the very least content the selection of which had been ‘curated’ by Time. After all it’s a big brand, it’s got some brand equity to protect.

Out of perversity I clicked on the link which read What the Bible Says About Money (Shocking). It’s quite a doozer.

Most people know Sean Hyman from his regular appearances on Fox Business, CNBC, and Bloomberg Television, but what they don’t know is that Sean is a former pastor, and that his secret to investing is woven within the Bible. …

 

[A] few months ago Sean appeared on Bloomberg Television. At that time, Best Buy (BBY) was dropping to all-time lows of $16 a share. Sean predicted the stock could go down to $11 a share, and would then quickly rebound to $25 per share, and after that would rally to $40 per share over the next year. …

 

Best Buy dropped down to $11.20 a share and has since rebounded to $30 a share, continuing its path to $40 . . . exactly as Sean predicted. …

 

During a recent private dinner with Sean, once he’d blessed the food, I wasted no time asking him what his secret is for investing so successfully. …

 

When Sean responded that his secret to investing was the Bible, I was thoroughly shocked.

So there you have it, good old Sean and his money and his video which you can click through to. Anyway, on the panel from which this wheeze came, in tiny writing was this: by Taboola. And you can click through to Taboola and it will tell you that “This content was handpicked for you by Taboola’s recommendation engine because we thought you may like it. Links to 3rd party content items are paid for by a Taboola customer. We can help you drive high-value traffic by having your content recommended on top publisher sites like USA Today, The Weather Channel and Time.”

So there you go. A once proud masthead. “The first weekly news magazine in the United States” picking up nickels and dimes wherever they can be found.

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Patrick
Patrick
8 years ago

Does Time still exist??

Gummo Trotsky
Editor
8 years ago

Time was, is and always will be until the end of time. Amen.

Reader Z.
Reader Z.
8 years ago

A couple of years ago Time announced a new version of their magazine for grown-ups. I guess this kind of linkbait fits the pattern of staying relevant and appropriate for their 7yo core reader base.

Mel
Mel
8 years ago

I bet Sean is making more money than the owners of Time.

BTW, God has been giving me stock market advice. I’m willing to share it with CT readers for the speshul price of $199.95 plus P&H.

ChrisB
8 years ago

“A few months ago” apparently means October 2012, looking at the share price. Actually, the “Pick-stocks-with-the-wisdom-of-hindsight” is the respectable version of this: lower-grade right-wing bottom feeders try to organize brief booms in penny stocks to enable them to dump their holdings at the peak.

Alphonse
Alphonse
8 years ago

So Fama is an atheist

Marks
Marks
8 years ago

Well, of course it is true.

If you look at the story of Joseph in the Old Testament, the parable about the seven lean cattle eating the seven fat ones and the seven full ears of corn vs the empty ones etc etc was a clear reference to Keynesian economics. This was a biblical reference to the swings in the economy and the need to store up (taxes, corn, meat) during the seven good years, and run deficits in the seven lean years.

I had much fun relating this to some US friends of mine who are staunch Republicans and who dislike Keynes for some reason. They promised to go to Party Central on that one.

I rubbed it in by saying that I felt their pain in that Keynes was obviously taking credit for God’s work in the Bible and how unjust it was for Keynes to get credit for that.