Suze Orman And Other Media Stars Never Go Away

     The media likes to make stars out of people, no matter how mediocre, harmful  or incompetent they may be. Stars are money makers for the non profits they represent and for the corporate interests they promote. Stars bring in fortunes for media companies. A mediocre dog trainer was turned into a dog whispering superstar. Sadly, many were the times teenagers and children had to be stopped from emulating his training methods, which in the hands of the inexperienced youths were harmful. A woman that studied a species of animal was turned into a superstar, bringing in huge sums of money for herself and the nonprofit she represents, even as the species that brought her fame and fortune has collapsed by more than 90 per cent. The nonprofit grew into a giant, while the animal that brought fame and fortune has fared poorly. (Hype and minimal protection ensured that.) Image, not substance, has come to mean everything.
       Suze Orman is billed as a personal finance expert. She is a media money maker. Her advice, when it is good, is not uncommon knowledge. Other times, her advice has caused harm. During the last market crash, when she advised some people to get out of the market all or partly, those that followed her advice missed the upswing that followed, and lost money. Now she is advising people to stay in the market. Not selling in downturns is commonly accepted, mainstream advice, as is dollar cost averaging. She said that people should wish for a recession, because that is when stocks can be bought cheaply. No sound financial adviser or financial expert would wish for a recession. Recessions cause people to lose their jobs, their homes, and their money. Is it worth it just so someone can make money in the stock market? The Suze Orman debit card debacle and fico score nonsense campaign should have ended her career as a personal financial expert. That, and unoriginal, and at times bad advice, does not stop the media from giving her a voice.
        Media stars do not go away.