CNBC Gets Political, Gets Slammed by The Dailyshow
Written by Michael on March 5th, 2009I grew up on CNBC and even after I left the financial industry (thank GOD), I still had it on in the background. But in the past two years, they’ve really messed with the formula, adding sensationalistic reporting and become VERY political. Aside from Larry Kudlow, I sincerely believe that everyone on that network is not playing with a full jar of marbles. Stunningly bad. So John Stewart has his way with them. Regardless of your political affiliation, I think you’ll find this interesting, maybe even enlightening. Enjoy.
7
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And this isn’t political?
Of course. Can anyone not be political about the news?
Of course not. So what is the big deal?
That they are conservative on CNN?
Of course!!!
7
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Hi Puritan, thanks for the response. Actually, I’d hope CNBC, being a “business” network would keep the partisan comments to a minimum. Tell me about corporate finance, the debt markets and ways companies are trying to survive through the downturn. I’m not interested in partisan politics when I turn that channel on.
That’s what I’ve always liked about them. If I want to hear about the right, I watch Fox, if I want to hear liberal BS, I watch MSNBC but I always liked CNBC for just reporting financial news. Granted, a big part of business is dictated by the policies set forth by the politicians in Washington but CNBC has just gone over the top recently.
Just this Friday, Melissa Francis opined that Obama was personally responsible for a 16 point decline while he was giving a speech in Columbus, OH. While I’m not super happy with the Obama administration, to have a supposedly educated person claiming a single speech (that didn’t mention taxes or anything controversial) was the cause of a 16 point decline is ludicrous. The previous evening, they called for the President to resign in order to get the Dow above 10,000 in 30 days.
Come on. People care way more about money than they do some ideology. Bush didn’t have anything to do with a 40% drop before he left office and Obama has nothing to do with the 18% drop in the Dow since he became president.
I appreciate your comment though.
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I totally agree. Many of the people I know have stopped watching because of the political bias. They make no bones about it. They are only doing damage to themselves.
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shame on us irresponsible homeowners. shame on you big irresponsible businesses. it seems like which party is responsible for the larger gaffe is pretty obvious. the cost to fix my debacle would be less than 1/10,000th of the bailout money that my bank alone received.
i understand that there are a lot of us out there, and everything isn’t that simple. but seriously, rick santelli?
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Hey, I just found a freakin’ funny Jim Cramer t-shirt giving his super financial advise. Too funny