Newsround: Northern [cracke] Rock

Watching the news today, I heard the brief explanation given by a psychologist that people are reacting with fear to the crisis but they might not realise why they just went to the the nearest Northern Rock branch, queued outside and demanded their money. It’s all about fear, she said.

Damn right, she is! If you happen to have all your life savings saved in a bank of which you hear on the news could be about to close -not matter whether that’s the point or not-. Would you rather wait and see if the promises given by the government and the Bank of England to guaranteed the funds will be true or would you just get ready, get out and get your money as quickly as you could?

It might sound silly to say, even if I am the first person to recognise that fear is mobilising the crowds outside the bank, but I would go and withdraw the money. It’s just a human reaction to this type of uncertainty. Especially when many feel that the Government and the Bank of England or other banks are partly responsible for this current crisis.

In any of many different outlook we might have from now and on, the financial system is far from a quick fix and forget about attitude. The stock market is feeling the pinch and many retailers must be a little bit anxious in the already race for Christmas.

Newsround: Sony PSP phone

I wonder, how long before the Zune/Xbox Microsoft phone is in the market?

Considering how many companies trying to get into this new competitive world of telephone handsets that do anything else and might be used from time to time to make calls, there are chances that more and more companies like Microsoft or even Nintendo will join in.

But like the classic Maths question of “if you have a cake and slice it into X pieces, how many people would be able to eat it?”, though in this example we are not told how big the slices can be for each person.

Saturation would probably be the reason for a slowdown in the future in this race to produce more and more gadgets that do all these wonderful things. So, soon, we will able to listen to our iTunes in our iPhone while playing games in our PSPphone or WiiPhone or using windows in our MicrosoftPhoneVista. But the question is, would I use to make calls?

Newsround: Not Flash Gordon

In Politics, the public opinion is the master. If anyone wants to be in Politics, they should learn that rule from day one. Gordon Brown is fully aware of such a statement, he realises that the previous N10 occupant did not follow it and that could cost the Labour Party its Government.

Those citizens who disliked the way that Tony Bliar dealt with so many matters might feel tempted to vote for someone who has not embraced the Media circus or mingled with so many of the celebrities willing to shake hands with someone in high level of power.

The question remains, though, for it is hard to distinguish if the new look and attitude reflects a total change of policies of just a pro-election mood with a return to the arrogance attitude from the past.

Unfortunately for Tories, they position is quite the opposite and Cameron needs the attention of the Press and TV networks if he wants to achieve a change in the current House of Commons, though he is unlike to manage that by just putting a Superman costume and promise to save the world.

Newsround: Northen Rock crisis

I read once that the key to happiness is to be able to lie to ourselves. It seems that we do very well since we tend to believe things always are going to be fine, at least in Finance. It might look like a big surprise that an institution like Northern Rock can be in such a turmoil about the lack of trust by its customers.

I won´t say that I don´t understand their current anxiety, I would probably be doing exactly the same because fear don´t understand of promises or messages to calm down people. Money is something people don´t want to play with when there is a clear message that something is going wrong.

The crisis is just another of the many that might happen in other banks or building society. It does not mean that I try to be a fatalist but a mere reality that the banking system was playing too hard, risking too much and at some point, someone will lose or pay for it. It tend to be not just the bank itself but also those who are customers at the time.

This is not the first time there is a problem like that, it happened in the past and it will happen again. If there is something that is clear in Economics is that we never learn anything from the mistakes from the past. Money and how much profit we can make out of it outnumbered the reasons for thinking and taking a more careful approach.

This might not be one of the big crisis yet, but day by day, I keep crossing my fingers that it won´t be. Anyway, we survived all the previous ones. What a global crisis could mean after all?

Newsround: Who do we believe?

What’s Journalism? I feel like looking up the proper definition of the term.
The reason for my sudden uncertainty about what Journalism is, comes from the fact that I can’t understand why so many newspapers, television channels and other media networks have been so abrutly cruel to their audiences and readers.
Yes, I suppose I can’t help feeling really manipulated by the constant change of direction that the Madeleine’s missing is taking in the Press and Television. How we are driven to believe or dismiss this or that piece of information according to whatever new findings are published.
I wonder how can these Journalist be pleased with their work and the outcome that they deliver as a result of their articles or news programmes. Does it really matter what was the original purpose of the news in first place?
It’s true that Journalism is meant to keep us updated with what’s going on in the world and that could require some speculation. The problem I have with that is that it’s more to do with speculation than the real news.
Anyone who has been following the news recently may know that the pressure to accuse Madeleine’s parents has forced many to withdraw their support. Police might have reasons to present their case to the public opinion but it doesn’t help towards future legal implications.
Would any jury not be affected by any possible prosecution if the police find reasons for it?
Another fact we tend to forget is that, sometimes, parent may take the full blame-just because it’s easier to find them guilty. But, as it happened in Australia or in the U.K. , new developments and clues quite a few years later cleared accused parents of their supposed crimes. The problem was that Media has already held a court case and found a guilty person.


If I said just a few days ago that Portuguese police was kind of messy in the way they dealt with the Madeleine missing case, today I have to confirm my fears that the missing girl matter now is some kind of media Cluedo. Each news leak, each comment by the official family speakers, each time something happen, we all look at our Cluedo cards and take a new guess on who might have been the murderer. It’s not a funny thought, I know, but I can’t help feeling stupid to a point that I can’t be sure who I want to believe.

It couldn’t be the parents, I heard from friends. Fair enough, I want to believe so as well, but it won’t be the first neither the last time that the “butler” did it as in Agatha Christie novel.

Even the Pope seems to play the game since some news from Spanish television commented the fact that the Vatican removed the photos places in its website in which the Pope met the McCanns.

What it really annoys about the media cover of Madeleine’s disappearance is that all the newspapers, television networks and radio stations forget that there are far more than just one child missing. There are tens and tens of them who hardly get any front page or even a mention in any of this Media. Those are the one who we should try to help, too.

As for Madeleine, I just hope I will get to know what happen to her -not so much for the morbid sensationalist approach but because many of us wish her a happy return, if hope is still there.


No doubt that this celebration could be like a long married couple in which there might be reasons for happiness and many hard feelings for the long term marriage.

Mobile phone technology commemorated its 20th anniversary and it seems impossible to imagine a western country that aims to be “modern” without investing heavily in wireless communication such as GSM networks.

Still, do we really mobile phones? Could we live without them? Surely, we could try. Though, I would be one of many who would say that the advantages outnumber the disadvantages. We learned new behaviours like talking on the bus or the train, we forgot old ones like respect for others. We coped with new languages, -txt msgs & MMS- and strengthened our thumbs by playing with tiny little keys, we shared thoughts and ideas, not just with the person on the other side of the line but also with the tens of people on the carriage or bus deck. We went from unavailable at home number to the uncertainty whether to take the incoming call or not on our mobiles.

Many, many things changed with the arrival of the mobile phones. For better or for worse, the technology was invented and we embraced. So, long life to the mobile!!

Though if you are one of those rebel type person still around who refuse to link their lives and their thumbs to a mobile phone handset, well done. Resistance is said to be futile, on the other hand, your stress level would be manageable.