Sorry If This Report on Gold Makes You Dumber for Watching It

No, what you are about to see is not a parody or satire.

Remember when Ron Paul was running for president and chants of “End the Fed” filled the air? It’s probably not an exaggeration to say that, prior to that, many people thought the Federal Reserve was an actual federal government institution.

It’s not, by the way. It’s a private entity. That’d be like saying FedEx is a part of the government simply because it has the word “federal” in the name.

I’m not going to pretend to be an economics guru, but the news report below made by brain cringe:

Again, that was not a parody or satire.

Canada TV reporter Bridget Brown, who claims she was paraphrasing, did a straight-faced report about how gold was failing because investors weren’t sure what it was backed by or “whether it was backed by anything at all,” and something like the U.S. dollar is backed by the Federal Reserve and the U.S. government, so it’s a much better investment because it’s going to stick around.

This is the kind of thing that sadly happens all the time in the mainstream media, and an average person who isn’t really paying full attention while watching it has fully subjected his or her grey brain matter to something that will surely (and parasitically) lodge itself in there like the Three’s Company theme song, and thus, never leave.

In short, people will believe it as true just because some lady with a microphone said it in front of a backdrop of a big city using that well-known, heavily practiced news reporter cadence.

As the video has recently surfaced on social media, people are now calling Mrs. Brown out on it on her Twitter account. Brown stands by her report. Note the date on this line of Tweets:

@jybyrd420 I rc'mnd you actually watch my story. Note that a) I did it 3ish years ago b) I was paraphrasing someone else. #ListeningSkills

— Bridget Brown (@CTVBridget) March 28, 2014

@CTVBridget Or not. Keep "paraphrasing" the news. #cheers

— Jybyrd (@jybyrd420) March 28, 2014

@MintCool I don't have to deflect anything if my story is accurate for Cnd viewers & my station stands behind me which it is & they did.

— Bridget Brown (@CTVBridget) March 29, 2014

No one is ever going to see the real problem with reports like the one above where people who obviously have no idea what they are talking about are given a microphone and a national platform that reeks of legitimacy with which to do it.

(H/T Omar Adams)