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Psychics = Economic Salvation

In a time of economic uncertainty, it’s nice to see businesses are spending their money on something useful…

(click above for video)

“What I do is I give hopefully most of the time accurate information. Sometimes in the future.”

That’s what Laura Day said on Nightline the other night. Confident as ever. This psychic, or ‘intuitive’ as she calls herself, is giving these fortune 500 companies advice on how the should invest, amongst other important things – like the weather. But it doesn’t stop there, she also teaches people and companies classes on how you too can be an ‘intuitive’.

Laura has been known for her “prediction” of the stock market crash. When asked by the reporter, ‘why not just go running down the streets screaming the market’s going to crash?’

“Um – lots of reasons. I wouldn’t be able to make a living.”

Or… because you’re a fraud.

It’s really hard not to get mad at these people. Now, not that I think using a psychic is justified in any way, shape or form, but this case especially bugs me because it’s not just an individual – it’s large companies. And if her claim is true, multi-million dollar companies.

I can’t help but wonder how many people on Wall Street are seeing these people every week or calling into someone like Miss Cleo so they can get their investment advice.

Thoughts?

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2 comments

  1. In all reality though, her predictions are probably about as accurate as those of academic economists and stock brokers (just kidding, they are probably slightly more accurate).

    I can’t imagine the justifications the board comes up with to tell their employees that they are now letting a psychic inform their business decisions.

    “Don’t worry, in the midst of this economic crisis we’re doing all we can to sustain your jobs – by using a magic 8ball!”

    Those people probably starting updating their resumes on the spot.

    Comment by David Plumb on January 14, 2009 at 10:26 am

  2. “She sustains five clients at a time”… which leads me to believe that clients change over time. If she was doing that well, she’d keep clients more long term, wouldn’t she?

    “I ASSUME I’m right most of the time”… She doesn’t know what her accuracy rate is, or just doesn’t care to say.

    “She doesn’t say who her clients are”… … because the board would throw her out on the street, along with the exec that hired her, in a matter of minutes.

    Totally average as psychics go, in my opinion. It’s probably a business of semi-accuracy and referrals. Kind of sad.

    Comment by dmaxwell on January 16, 2009 at 4:40 pm

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