GM Execs Blog Without Media Supervision

But the only thing worse than the business media is the lack of it.

I can go on and on about GM's comments on the eve of its 943-year low. Rather than honk and snort at each and every one, it's important for you, the savvy investor, to realize how cautious you need to be when faced with corporate comments unencumbered by questions and dissent, not placed in some degree of perspective by someone not on the payroll.

At a time when politicians from both sides of the aisle can run for the highest office in the land -- an office elected by people and held in the public trust -- and barely take questions from members of the media they do not vet and count as supporters -- well, we all know what happens.

Arrogance is left unchecked. Minds are allowed to grow slack and lazy. And in the end, no one wins.

Always beware of the media. But be doubly aware when they are nowhere to be found.