Another Negative CNBC Article…
What is going on with all these negative CNBC articles that are popping up the past week or so? Today it’s Time.com’s James Poniewozik…
To watch CNBC today is to enter an alternative universe, where élites are populists, Wall Street is Main Street and bank executives are the oppressed. It’s not surprising that a voice of opposition to the new Administration would emerge. But who would have thought it would be on a channel not owned by Rupert Murdoch?
In a way, CNBC has no choice but to become political, since the economy itself has. And CNBC faces the same dilemma as the rest of the media: If psychology drives the economy, when does reporting bad news become creating bad news? How do you walk the line between desperate cheerleading and reckless ranting?
CNBC’s answer has been to dive off both sides of the line at once. On the silver-lining-hunt side, its straight-news interviewers now spend uncomfortable days (even when not talking about parent company GE’s woes) pleading with gloom-saying guests to declare a bottom to the market or find stock picks. “Do you have just one?” Steve Liesman asked an investment adviser, almost plaintively.
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March 12, 2009 at 8:37 am
“What is going on with all these negative CNBC articles that are popping up the past week or so? ”
Easy. CNBC commentators are assessing the affects of 0bama’s policies on the economy, and it doesn’t look good. But the MSM will not hear of this! How dare anyone attack the Chosen One and his policies?
March 12, 2009 at 8:46 am
Yup, Mess with Obama and the liberal media will try to marginalize you.
Funny thing is they can’t find any dirt on Santelli lol.
Santelli’s a straight shooter
March 12, 2009 at 9:48 am
Santelli’s a moron.
March 12, 2009 at 1:22 pm
Yea CNBC is so right wing! You can’t make this stuff up!
Today they had a goofy little contest to take up time, Erin B. Reads a famous quote and asked who made the remark, F. Roosevelt or Obama, Contestants, John Harwood (and somebody I don’t remember his name).
The Obama worship continues. Can you ever imagine something like this happening with Bush or Regan being the possible choices? Not a chance.
Let’s hope the market continues to go up. We need it to double! Maybe those “trickle down government programs” * are starting to work. I hope so.
*Pres. Obama 3/10/09
March 12, 2009 at 1:24 pm
Takes one to Know one Joe.
March 12, 2009 at 1:33 pm
Nice one L&J. Actually, morons can’t tell when they see another one. Hmmmm.
March 12, 2009 at 3:45 pm
joeremi is the real moron. This guy plays loose with facts and needs to be corrected constantly.
March 12, 2009 at 3:54 pm
Actually, the guy just has a different opinion from you, Lou. IMO, Glenn Beck is encouraging insurrection and Rick Santelli looks like an idiot yelling at homeowners from a room full of traders, which makes both of them morons.
March 13, 2009 at 5:09 am
I don’t know why you’re calling Santelli a moron even after I showed you the clip of him against bailing out banks too. No bailout for banks or homeowners.
That makes Santelli a moron? The crack team over at The Daily Show couldn’t find 1 DAMN video of Santelli to criticize so they go after CNBC and Cramer instead lol.
That says alot about Santelli. He came out looking REAL damn good!
not so much for Cramer…