CNBC Caught Soliciting Op-Ed Calling Climate Change A ‘Hoax’

By: Monday June 30, 2014 6:52 am

Many have often wondered why in the US, as compared to other developed countries, there is so much skepticism regarding the science of climate change and whether human activity is contributing to it. One of the answers could be that we have a corporate media – interlocked with energy companies and their advertising money – [...]

CNBC Jumps Shark, Drops Pretense And Does JPMorgan Damage Control Live

By: Monday September 30, 2013 9:57 am

CNBC is the Fox News of financial journalism in that few consider them to be journalists. The financial press in general has a reputation for being courtiers for Wall Street in hopes of finding a job or spouse in the halls of money. But CNBC fails to even offer the patina of journalistic pretense most of the finance press displays. They are, quite clearly, hacks posing as journalists.

Federal Reserve Program Is Socialism For The Rich

By: Friday September 20, 2013 9:39 am

If you have followed any economic news at all you will have heard the term quantitative easing, or QE, which is technocratic shorthand for the Federal Reserve shoveling funds into Wall Street banks to produce a phenomenon known as the “wealth effect.” The wealth effect relies principally on trickery. The hope being that people will see higher [...]

Maria Bartiromo: Pandit Went Galt Because of All the Horrible Name-Calling

By: Wednesday October 17, 2012 12:19 pm

I don’t know if Vikram Pandit wants to cite Maria Bartiromo in his list of reasons why he stepped down as head of Citigroup, but it certainly rings true as a general Wall Street titan complaint. Let’s face it, we have an individual here who sold his hedge fund to Citi for $800 million, taking [...]

If Barofsky Didn’t Work Out, I Have Another Guest Possibility for CNBC

By: Thursday August 23, 2012 11:45 am

I’d be a bit surprised to see Neil Barofsky grace the airwaves of CNBC again. Clearly the empty suits over there don’t appreciate someone who doesn’t immediately defer to the Masters of the Universe. You simply cannot make the simple case that TARP had a specific goal to increase lending and help homeowners that went [...]

Tone-Deaf Headline of the Year Award: CNBC Asks “Have Consumers Gone on Strike?”

By: Thursday March 24, 2011 11:14 am

Via Atrios, I see the Masters of the Universe are angered by the lack of sales activity. The corporations planned for it and everything, and the consumers are late for dinner! This features one of the worst headlines I’ve ever seen: Have Consumers Gone on Strike? Yes, why aren’t consumers fulfilling their Constitutionally required duty [...]

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