Here Don tells us what we learned in short order going into this economic downturn. And that is, CNBC is a Rah-rah, cheer-leading, paid pied piper. They may not be paid by traditional dollars to do so, but they get their CEOs on camera by saying exactly what those CEOs want you to hear from them...that everything is fine! That their company in on-track. They encourage you to think that this is the bottom...time and time again. You saw the scuttle-butt between the Mad Money and the Jon Stewart show. You are better off watching the comedy channel and getting your laugh on rather than be lied to by the financial media like CNBC who use their mission statement as camo-cover for what they really do. Perhaps they are paid by the Fed for their propaganda? Perhaps CNBC is the media tool for the Fed so that they can continue transferring your wealth away from you. Just saying! The videos below are very poignant and we're glad Don held onto them. CNBC flip-flops more than a Japanese fish in a frying pan!!
Is there anyone else tired of hearing Larry Kudlow yell and scream over any guest who has a different opinion than his or CNBC's? This time Kudlow was mild, giving one of the guests who said that this is NOT THE BOTTOM time to get in most of his words. Normally Kudlow is just plain rude and abusive to guests which don't see his or CNBC's point of view. Again, CNBC is not living up to its mission statement. This is how you talk bottoms! |