Is It Just Me or is CNBC Populated by Drama Queens?

Posted by Market Pawn on July 12, 2012 (10:57AM)



I can deal with all the self-righteous know-it-all-isms, but these people make the WSJ crowd look like a bunch of British geriatric croquet players.

Posted by spshapiro on July 12, 2012 (11:13AM)

Fox lite

Posted by Bubonic33 on July 12, 2012 (11:54AM)

I agree, there are a lot of good articles on CNBC but it seems like most news is so sensationalized by the writers to fill their own egocentric view that what they are saying is the most important thing happening in the world. 

Posted by doougle on July 12, 2012 (01:57PM)

It's not just you.  Bloomberg is much better, but not completely innocent.

Lately, I've been tuning in to the Shadow Trader.  A dude who follows the market live.  He tracks the market internals.  Just the facts, man.  Oh, and free!

I still watch Fast Money and the opening dialog by Cramer.  And I still have Bloomberg on otherwise.  (I've got a bit of a crush on most of the female anchors.)

Posted by incubus on July 12, 2012 (03:13PM)



spshapiro said: Fox lite

Indeed. 

I had a chuckle last night, Kudlow headline "Big banks exposed"...back in 2008 he was ranting about public outcries to investigate the banks as "McCarthyism", the banks had done nothing wrong, so he'd say back then. 

The Santelli rant, where he went off his rocker over what turned out to be a mistaken rumor about the HAMP bill, Steve Leissman trying to correct him through the whole rant, Steve was completely ignored.


Michelle Caruso-Cabrerra, robbed of her Pultizer prize winning book "I'm always right, so shut up", endlessly seeking every chance she can to "inform" viewers that rasing her personal tax rate will equate to economic end-of-days for us all.

I love how she was stuck  reporting the Greek Crisis, dodging flying abject and Molotov cocktails, a direct result of the policies she adamantly promotes.

Posted by Market Pawn on July 12, 2012 (03:26PM)

doougle said: I still watch Fast Money and the opening dialog by Cramer.  And I still have Bloomberg on otherwise.  (I've got a bit of a crush on most of the female anchors.)

 

incubus said:

spshapiro said: Fox lite


Michelle Caruso-Cabrerra, robbed of her Pultizer prize.....

 But what of the Michelle Caruso-Cabrera swimsuit calendar.  And will SImon Hobbes ever get a date with Kayla Tausche?

Posted by incubus on July 12, 2012 (03:55PM)

MP, if that's all CNBC's got to keep my eye, Bloomberg's got 'em beat by a mile.

Posted by Patches O'Houlihan on July 13, 2012 (02:22PM)

First off, the so-called taxmageddon threat is very real.  That said, yes, the CNBCs of the world are just like any other network, full of yammering blowhards most of the time and very little substance.  Also, CNBC has a bias for the upside, so do your own homework and go short when the market tells you.  Throw in the insufferable buffoon Cramer and you've got yourself a nice circus over there at CNBC.

Posted by NASDAQsavages on July 13, 2012 (02:50PM)

CNBC 24/7 man

Posted by Market Pawn on July 13, 2012 (06:04PM)



Damn!  Just when the market was turning positive, too.

Posted by Janosik on July 13, 2012 (10:04PM)

MP, are you alluding to the August 2011 solar flare?

http://www.astro-trading.net/2011/08/solar-flares-and-august-2011-stock.html 

Personally, I'm hoping for some downside, but I'll take some upside, too.

Posted by incubus on July 13, 2012 (10:31PM)

Pavlov folks, Pavlov.

Posted by Patches O'Houlihan on July 15, 2012 (02:20PM)

Remember these gems from the fright industry?

-Radon gas in your home, a surefire killer.
.
-High-transmission power lines, live near one of those and you're a goner.

-No mention of the fright industry is complete without the manmade global warming hoax, where producers must give untold billions to the fright industry in exchange for "solutions" that, if successful, make no statistically significant change in global temperature.  "Give us billions, we'll give you a promise."  Sound familiar?  Social Ponzisecurity, Medicare, ObamaCare?

-Killer ants from Africa, methodically making their way to the United States, we're doomed!  This one goes back to the 70s when I was a kid, scared the crap out of me.

-Killer bees from Africa, this came after we were spared from certain death from ants, sometime in the 80s I believe.

-Y2K - If you don't hand over millions / billions to eggheads to fix it, airplanes will fall from the sky, power plants won't work, my goodness death!!

I think radon gas and high-transmission power lines had to die so that manmade global warming could be born.  Looks like a good decision by the fright industry, MMGW looks like it's been hugely profitable.





Posted by incubus on July 15, 2012 (02:34PM)

Global warming isn't  a UFO sighting, fail on that notion.

The debate goes to whether it's man made, Al Gore charting CO PPM side by side with global temperature rise since the advent of the industrial revolution gives more than adequate room for caution.

Instead of engaging in an insulting exchange over politics, it would be nice if we were considering how many jobs could be created in alternative technologies, or how many jobs we'd create & how much energy saved if we initiated infrastructure upgrades to the energy grid.

Instead, we entertain extremist knuckleheads who want to assert that Obama is a Socialist, or the global science community is engaging in a conspiracy theory.

At the root of it all, big oil's propaganda & lobby influence.

Posted by Patches O'Houlihan on July 15, 2012 (02:40PM)

Hmmm, I guess you missed the part where I wrote "manmade" before "global warming" in every single case.  So the words "fail on that notion" apply completely in your case.

As for extremist knuckleheads who absurdly claim that "the science is settled" and that virtually no scientists don't accept the MMGW premise, I agree.

As for how many jobs can be created, I'm all for that.  When markets demand it.  Anyone who wants to blindly spend trillions of property that doesn't belong to them in the pursuit of "green jobs" needs a lesson in considering benefits AND costs. 

Posted by incubus on July 15, 2012 (02:57PM)

No, I didn't miss that part, I went on to elaborate the new argument on man-made or not....let's face it, a decade ago your kind was arguing there was NO global warming.

In another decade, the argument will revolve around which "men" caused it, and your debate will be it's the fault of Liberals.

It's endless, it's ridiculous, it's you.

Posted by Patches O'Houlihan on July 15, 2012 (04:53PM)

Ahh yes, I see, agree with us, the anointed.  Heard it all before, too many times to mention.

But I see progress here.  If i'm interpreting this correctly, and I think I am, you are now identifying yourself as a "liberal".  I apologize in advance, but since there's nothing liberal about what people referred to "liberals" are about, I use the correct term of leftist.  Or collectivist.  So I'm happy to see you identify yourself as a leftist.  That "left libertarian" bullshit you were pushing was ridiculous and I'm glad I've finally succeeded in weaning you off of that.  You don't have to thank me, I know you appreciate it.

P.S. - Classical liberals are known as Libertarians today.

Posted by stoicathos on July 15, 2012 (05:23PM)

I haven't watched CNBC in a while, but from what I remember, the commentators' opinions were usually just a composite of the stated opinions of the CEOs, mutual fund managers, economists, and traders that they are interviewing on a day to day basis.

Since most of the public opinions of CEOs and fund managers tend toward optimistic future statements, the opinions of the commentators tend to lean bullish.

If they told me that the sky was falling, I wouldn't blindly believe it - but I wouldn't disregard it either. 

Posted by incubus on July 15, 2012 (05:23PM)

Patches O'Houlihan said:

...But I see progress here....
 Careful with that word, infers that you're a Liberal.

Progress leads to Liberalism, which leads to Socialism and then Communism...you know the drill, just like smoking MJ leads to hardcore drugs, mass addiction and an ungodly society...eh?

Patches O'Houlihan said:...  If i'm interpreting this correctly, and I think I am, you are now identifying yourself as a "liberal". 

  No, completely off, I was able to deduce that you're a Fascist.

The insinuative language you use sheds light on your die-hard membership the the J.T. Ready ideology.

My conclusions are rock solid, yours are only sensationalist reinterpretation.

Posted by Patches O'Houlihan on July 15, 2012 (09:49PM)



incubus said:

Patches O'Houlihan said:

...But I see progress here....
 Careful with that word, infers that you're a Liberal.

Progress leads to Liberalism, which leads to Socialism and then Communism...you know the drill, just like smoking MJ leads to hardcore drugs, mass addiction and an ungodly society...eh?

Patches O'Houlihan said:...  If i'm interpreting this correctly, and I think I am, you are now identifying yourself as a "liberal". 

  No, completely off, I was able to deduce that you're a Fascist.

The insinuative language you use sheds light on your die-hard membership the the J.T. Ready ideology.

My conclusions are rock solid, yours are only sensationalist reinterpretation.

I'm fairly certain you put yourself at the top of the heap, but you're just an ordinary leftist.  It would take me several if not dozens of hands to count the times I've been patronized by a leftist claiming that if I don't see it their way and submit to their tyranny, I am therefore not for progress.

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