What’s In The Water At CNBC?
Talk about being out of touch.
On CNBC this morning, host Mark Haines — who is catching heat this morning for arguing that Wall Street can’t “be run well” by anyone making under $250,000 — was at it again defending the need for high executive bonuses in order to keep Wall Street running.
When I hear comments like these I am convinced the American Dream is now a members only club made up of Wall Street types, bankers, and insurers who have their own private network: CNBC. Luckily, someone (Rep. Brad Sherman (D-CA)) challenged CNBC’s logic by stating the obvious.
HAINES: Well, receivership … I think most people agree, that would have caused some systemic problems.
SHERMAN: Most people on Wall Street agree. But most people on Main Street do not.
HAINES: And what do the people on Main Street know about running a financial system?
SHERMAN: What do AIG executives know about running a financial system? [crosstalk] They only know how to destroy one.
I am resigned to the fact we are in this mess, but what I will not tolerate is people who brought the economy to its knees touting expertise they obviously don’t possess. Honestly, if these Wall Street geniuses really want to help they should do us all a favor and Go Galt.
Tags: CNBC, The Economy
I can’t tell you how angry reading this
made me.
Seriously, they just don’t get it – and that alone makes me question their “expertise.”
My question for years is “What’s in the water at MSNBC?”
Yeah those 3 straight morning hours of conservative views at MSNBC is annoyingly fairness doctrine-ish!
So, how ’bout a fresh cup of STFU?
A pretty mixed set of views during those three hours — Mira is pretty liberal, and Scarborough is not nearly as conservative as you claim.
On the other hand, there is no balance in prime time.
Hey, RWR, there’s a post on the table and it’s not about MSNBC!
you mean Mika? ‘tard…. and talk about prime time balance on Fixed News!!!!! you have the dangerously unhinged Glen Beck on the right, you have the idiotically unhinged Hannity on the other right, and the right wing version of Keith Olberman’s Celiac plagued anus, Bill O’reilly on the OTHER right!
as far as CNBC goes, “you people arent smart enough to do this WE ARE WE ARE IMPORTANT. you small minded idiots cant live withou.BANG!
FoxNews is to the GOP as CNBC is to WallStreet.
Cheerleaders, nothing more….
And Mika may be pretty, but she isn’t a liberal. Joe’s a conservative windsock. Sometimes he’s on the far-right, sometimes he’s a moderate…but don’t fool yourself, RWR, if it weren’t for the TV cameras, Joe’s socially-moderate sliver of a side would barely see the light of day.
Why do I say that? Well, let’s see….prior to talking head status, Joe was a CongressCritter….a pretty conservative one, you know, considering his 95% rating from the American Conservative Union.
Frankly, I have no problem with partisan news organs — if it was good enough for Thomas Jefferson, it is good enough for me. What actually offends me more is the pretense of objectivity on the part of journalists.
We are so on the same page on this. England has a good liberal paper and a good conservative paper.
Also – I owe you an apology. Only one of those voter fraudsters was a Republican.