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Annual Decline In CNBC Viewership Accelerates: Down 37% In Overall Viewers Category

Tyler Durden's picture


CNBC continues to bleed vierwers. Whereas the last time we provided an update of CNBC's vierewship as measured by Nielsen, the GE subsidiary was down 28% YoY, the September decline is even more pronounced: at a 37% decline in total viewers and a 26% decline in the 25-54 demographic. We are, however, confident that the company will take appropriate measures to address the growing lack of interest of the general public in its content by continuing to provide hard hitting, probing and objective reporting (on issues such as pornogprahy) day after day.


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Thu, 09/17/2009 - 21:44 | 73004 Sardonicus
Sardonicus's picture

What they need to do is get a dominatrix on telling people what to buy.

Thu, 09/17/2009 - 22:16 | 73037 Anonymous
Anonymous's picture

YEP, Totally agree, Get Becky Quick and her friends in leather and I'll buy whatever they are pimping.

Thu, 09/17/2009 - 22:24 | 73043 Anonymous
Anonymous's picture

Now, I'll buy that for a dollar!

Thu, 09/17/2009 - 22:42 | 73064 Missing_Link
Missing_Link's picture

Put a wig on Jim Cramer.  There's just as much yelling and screaming and shoving unwanted objects up your hindquarters, only with slightly more facial hair.

Fri, 09/18/2009 - 01:48 | 73153 Broken_Trades
Broken_Trades's picture

Screw Cramer.

What CNBC really needs is some Kanye!


Imma Let you Finish


Fri, 09/18/2009 - 17:09 | 73864 Anonymous
Anonymous's picture

I think what you meant to say is:

I'm a gay fish

Fri, 09/18/2009 - 02:32 | 73166 Problem Is
Problem Is's picture

Get Cramer a wig AND a big set of silicon implants. That will fix CNBC's ratings problem.

Fri, 09/18/2009 - 04:33 | 73188 Anonymous
Anonymous's picture

get cramer a paper bag with cinch chord...

Fri, 09/18/2009 - 04:16 | 73180 Trading Nymph
Trading Nymph's picture

Well, Jim C uses the whip pretty well on his show...and I bet he could pull off leather...would be good for CNBC ratings....I would watch it more than once...BTW I am in the game cuz of Jim Cramer so I owe him a lot.....btw off topic, I was emailing a reporter in is the Auto Makers and Chicken Feet the primary source of investigation, not auto part makers.....I have no idea why everyone is talking about auto parts for Trade dumping.

Thu, 09/17/2009 - 21:46 | 73007 Pizza Delivery Man
Pizza Delivery Man's picture

CNBC viewership is down because the market is up. If the market crashes again I bet vieweship will go up.

Obviously when the market is crashing there are 2 places to watch continuous market coverage...Bloomberg and CNBC.

When the market is up, no one cares.

Tyler - Unless you have better things to do can you please post the stats for bloomberg viewership? I bet it's down too.

*For the record...I watch both (backround noise)

Thu, 09/17/2009 - 22:00 | 73023 Anonymous
Anonymous's picture

A 37% decline is too great to just be the market move up. It may be a combinataion of market stability and other things. From my perspective I find that CNBC appears to be a PR agents paradise and an island of financial spin.

I think the entire platform including all of the people need to be changed. I dont watch CNBC any longer. There is nothing to be learned from CNBC.

If CNBC would put ZERO HEDGE segment of I would be willing to bet that it will outdraw Cramer.

Fri, 09/18/2009 - 09:56 | 73268 Anonymous
Anonymous's picture

I just don't think the explanation for CTITC's drop in viewership that "the sheeple getting smart" is going to pass occam's razor... That presupposes that alternative media is "getting" to them AND they understand AND they've determined that they had been lied to all along and are now willing to bite the hand that both feeds them and tries to steal their food back. Face it, they're probably just doing something else... are apathetic... or a myriad of other reasons.

what has satellite/cable subscribership done in the downturn? What has happened to CNBC's website in the downturn? Too many variables...

Fri, 09/18/2009 - 15:20 | 73610 Anonymous
Anonymous's picture

i agree...perhaps some have wisened but my
guess is that most of them are too stoopid
to become wise...

but 37% seems too large to be explainable by
market improvements....has anyone checked to
see if american idol's website has had a
37% surge in visitors?

Thu, 09/17/2009 - 22:54 | 73080 Anonymous
Anonymous's picture

That people will flock back to CNBS during the next crash remains to
be seen. As pointed out by that comedian, people flocked their for
news and leadership that CNBS failed to deliver. Hell, even Mark Haines
commented one morning that Krudlow told you to buy everyday from
DOW 14,000 down to DOW 6,000.

Fri, 09/18/2009 - 09:15 | 73244 sondog
sondog's picture

That channel makes me want to have a seizure everytime I see it. There are constantly graphics floating around, feels like I'm on LSD or something. For fun I like to count how many floating graphical elements go by that have no meaning whatsoever.



Fri, 09/18/2009 - 10:19 | 73279 Bam_Man
Bam_Man's picture

Oh, and you forgot to mention the ridiculous "sound effects" that accompany the meaningless graphics as they go on and off screen.

For the record, I stopped watching CNBC in 2004 when Ruckeyser's show was cancelled due to his failing health. It was the only remaining reason to watch the channel at all.

Thu, 09/17/2009 - 21:47 | 73008 Dogfather
Dogfather's picture

It's been at least 5 years since I seriously watched CNBC.  It became unwatchable sometime since.  The show is strictly for entertainment purposes, I imagine, since it is dominated by clownish-looking peeps in the few times that I scroll past on the way to History Channel or Discovery.   Did I miss the amendment to the U.S. Constitution that mandates 75% of on-air "talent" be of the female persuasion??  I'm illin'.... 

Fri, 09/18/2009 - 02:50 | 73171 J. Pierpont Finch
J. Pierpont Finch's picture

Perhaps viewership can be reclaimed by re-launching the best of FNN Score's old programming schedule. Anyone up for casting anchorettes into Gorgeous Ladies of Wrestling? Cramer doing Time out for Trivia sports call-in . . . . . .  

Thu, 09/17/2009 - 21:53 | 73014 Hrundi V. Bakshi
Hrundi V. Bakshi's picture

i'll only watch cnbc to see someone bitch slap kneale, kudlow, and cramer. i would pay to see that.

Thu, 09/17/2009 - 22:02 | 73026 crzyhun
crzyhun's picture

My heart does not bleed for them. Truly the anchors are putzs with no shred of menshlichkiet. No happy new year for them.

Thu, 09/17/2009 - 22:03 | 73027 Anonymous
Anonymous's picture

Do you think CNBC will ever report on Wells Fargo and GEs huge off balance sheet toxic CDS liabilities?

These stories were swept under the rug in April but sometime soon these positions will explode, as soon as their counter parties lose faith in both companies CEOs.

This time I don't think the government will bail them out like they did AIG. The American public will revolt before they let the government bailout any more CEOs for their reckless management!

Thu, 09/17/2009 - 22:05 | 73028 Anonymous
Anonymous's picture

this will result in more cleavage and titilation....

or maybe their declining viewership is a leading market indicator pointing to crashing stocks...

Thu, 09/17/2009 - 22:06 | 73031 Anonymous
Anonymous's picture

Among other things, the "I AM CNBC" ads clinched it for me. Nothing but BFF bantering by the hosts with each other.

Thu, 09/17/2009 - 22:07 | 73032 TumblingDice
TumblingDice's picture

The beginning of the end for CNBC, IMHO:

Thu, 09/17/2009 - 22:22 | 73040 digalert
digalert's picture

There ya go tumble, bring back Mackey. He was trying to tell them that CNBC is irrelevant, that nothing they shovel matters, that's funny.

Thu, 09/17/2009 - 22:23 | 73041 Hephasteus
Hephasteus's picture

One by one. They are dropping like flies. He'll be on a show with Joe in no time making fun of CNBC. LOL

It's all fun and games being full of crap. Going along with it. Till it gets to that place. That place you don't want to go into because you just know it's going to lead you to a dimension where sympathy just does not exist and nothing good comes from it and nothing good goes TO it for much longer.

Thu, 09/17/2009 - 23:17 | 73095 ZerOhead
ZerOhead's picture

A true classic moment in broadcasting... oddly enough it makes CNBC watchable.

Thu, 09/17/2009 - 22:16 | 73036 bchbum
bchbum's picture

They're showing the special on marijuana for the 100th time right now.  I guess that's how all they can think of to report on in this "boring" and uneventful market cycle.  I'll never watch them again (unless I'm stuck in an airport bar with nothing else to watch).  Next shoe to drop will be when fox business or bloomberg gets on basic cable.  Stick a fork in 'em, they're done.

Thu, 09/17/2009 - 22:17 | 73038 digalert
digalert's picture

CNBC (all Obama all the time) is a joke. They must keep a kerchief on hand at all times to wipe the foam and drool from their mouth when talking about Oblame-all. I swear when Santelli spoke up about Oblame hearing, I thought his ass was grass. Instead they sent him to rehab to instill in his brain "you never speak ill of the great one". I just wasted my time on a GE / NBC / Oblame-all channel that is taking up valuable cable space.

Thu, 09/17/2009 - 22:27 | 73047 ZeroPower
ZeroPower's picture

Well said.

Come on, you dont want CNBC to be labeled as racists do you?


Thu, 09/17/2009 - 23:13 | 73093 JohnKing
JohnKing's picture

Immelt is just taking care of his partner, no pretense here at all.

"In a reset economy," explained Immelt in his shareholder letter, "the government will be a regulator; and also an industry policy champion, a financier, and a key partner."

Thu, 09/17/2009 - 22:23 | 73042 Anonymous
Anonymous's picture

I guess I'll have to start watching, I wouldn't want RoboT to run out of cleavage pics.

And just when I heard they installed those chairs that bounce up and down.

Thu, 09/17/2009 - 22:27 | 73046 Anonymous
Anonymous's picture

Bit of schadenfreude is always healthy.

Thu, 09/17/2009 - 22:34 | 73053 GoldmanSux
GoldmanSux's picture

Let's start a fire___________ petition.
I vote Maria, as there has never been a bubble she didn't embrace just before disaster. Or Bob Pisani, who on each day's close declares victory for the bulls. Let's hear your pick. I may be out of date. I stopped watching in the summer and my enjoyment of life has truly been enhanced

Thu, 09/17/2009 - 23:22 | 73097 ZerOhead
ZerOhead's picture

Heck... forget the petition.

I like your first idea better... LETS START A FIRE !

ha ha ha ha ha ...

Thu, 09/17/2009 - 22:35 | 73054 Anonymous
Anonymous's picture

Fox Business is pretty decent!

Thu, 09/17/2009 - 22:36 | 73056 Careless Whisper
Careless Whisper's picture

I only watch when I know Abby is going to be a guest.

Thu, 09/17/2009 - 22:38 | 73058 chindit13
chindit13's picture

Isn't it on CNBC where they preface the show with "Our reporters are not journalists.  Our stories are not fact checked."

No, wait, that's that other comedy channel.  My mistake.

Seriously, who is the consulting firm that sold them the idea that screaming draws viewers (other than the Jerry Springer demographic), that the public wants cheerleading and fluff, and that their female "talent" (clearly not hired for their reporting skills)is attractive to anyone other than shut-ins? 

Thu, 09/17/2009 - 23:48 | 73118 ZerOhead
ZerOhead's picture

I'm with you on this one... little puppy anchors would have worked better!

Thu, 09/17/2009 - 22:41 | 73060 Anonymous
Anonymous's picture

Did you catch the cock story today on CNBC? Some company selling something, maybe a drug or something(I was barely listening) to cure some kind of cock curvature problem or something...

I thought it would be a great story for Haines to report on as he's always craving attention for his bottom.


Thu, 09/17/2009 - 22:41 | 73061 joebren
joebren's picture

Hey, don't knock porn, it's an important issue. If you watch enough you'll forget your portfolio losses, get horny and eventually see Becky (aka Honey Bun) and Erin (aka ?) in their bare all beauty.

Thu, 09/17/2009 - 22:42 | 73065 Anonymous
Anonymous's picture

Solid market commentary vid from the S&P 500 pit in Chicago:

Sept. 17:

Thu, 09/17/2009 - 22:43 | 73066 joebren
joebren's picture

Please give your favorite porn star a stage name:

Thu, 09/17/2009 - 23:42 | 73108 bchbum
bchbum's picture

I like Becky Fuckme Quick, Warren.

Fri, 09/18/2009 - 04:44 | 73190 Hephasteus
Hephasteus's picture

I can make saving throw on all those bimbos. Though Ayesha Faridi, Rebecca Meehan, and Maura Fogarty are bit tough on me.

Fri, 09/18/2009 - 05:29 | 73196 Anonymous
Anonymous's picture

I like Black.

Can't believe they there's not one in the bevy in this post-modern world.

Thu, 09/17/2009 - 22:43 | 73067 Fritz
Fritz's picture

CNBC is a disaster.

Squawk Box (in particular) blows chunks.

It is unwatchable. 

Thu, 09/17/2009 - 22:43 | 73068 Anonymous
Anonymous's picture

the irony doesn't get any better than this. your hated CNBC goes down because of your hated market melt-up. what cognitive dissonance that must cause.

Thu, 09/17/2009 - 22:45 | 73069 Chippewa Partners
Chippewa Partners's picture

We only turn the sound on for Baranco, Soros, Birinyi, Rogers,  Straszheim and Gabelli.  Bloomberg sound is always on.   The Power Lunch crowd has a great talent in telling viewers what the market ticker is doing.  Beyond that it's sheer nonsense.  

Thu, 09/17/2009 - 22:46 | 73070 Lionhead
Lionhead's picture

Misinformation = erosion of viewership & advertisers. Dead horse walking...

Thu, 09/17/2009 - 22:54 | 73079 Anonymous
Anonymous's picture

Bloomberg's morning news (hosted by the incredibly beautiful and intelligent Betty Liu) blows the crapfest that is Squawk Box out of the water.

Excellent guests, intelligent discussion, it's like the anti-CNBC.

Brief clip of the lovely Betty Liu:

Thu, 09/17/2009 - 22:54 | 73082 Anonymous
Anonymous's picture

Erin was trying to be funny again. Something about national healthcare for pets.

Thu, 09/17/2009 - 22:56 | 73085 Anonymous
Anonymous's picture

How about a reality show selfish greedy CEO come up with new ways to risk public money

Thu, 09/17/2009 - 23:00 | 73088 LoneStarHog
LoneStarHog's picture

CNBS appeals to the lowest common denominator of Homo Sapiens Neanderthalensis, which mostly inhabits Cramerica.  I have even warned that loudmouth punkass by e-mail that when this market turns, it is his type of audience that will be looking for his ass, while going postal.  Watching a large group of Neanderthals chasing and beating the hell outta Cramer would be reality television at its best.

CNBS:  Only A Caveman Would Watch It!

Thu, 09/17/2009 - 23:06 | 73091 Anonymous
Anonymous's picture

The animal orchestra is more intelligent than the CNBS fuktards, although at times I have difficulty distinguishing between to the two.

Thu, 09/17/2009 - 23:15 | 73094 Anonymous
Anonymous's picture

Good timing on this thread. I just queued up Cramer's show tonight on my DVR. I generally just watch his opening line speech. Let's review: a couple of weeks ago he was preparing us for the crash/correction all the CNBS shills said was coming but didn't come. Then last week it was S&P 1,200 charts and predictions. Now tonight it's the DOW might get to 10,000, or 10,500 if the quarter is a blowout. There's no way this fuktard can be wrong, you get a different forecast every week.

Thu, 09/17/2009 - 23:26 | 73100 Anonymous
Anonymous's picture


In the face of numerous comments by government officials in recent days that the recession has bottomed out, reports emerged Wednesday that NBC plans to make further substantial cuts in is news division. The New York Observer is reporting that a large number of NBC and MSNBC news staffers have been asked to take voluntary buyouts. The newspaper says that the staffers "were told that if targets weren't met voluntarily, employment challenges lurked ahead." The Observer said that NBC has even offered buyouts to a number of freelance employees who work for NBC under contracts with General Electric's Yoh staffing service. (On its website, Yoh features an article titled "How to make yourself layoff-proof.")

Fri, 09/18/2009 - 10:29 | 73281 Bam_Man
Bam_Man's picture

This makes perfect sense.

Now that "the recession is over", we will be needing a lot less news.

Fri, 09/18/2009 - 05:36 | 73197 Anonymous
Anonymous's picture

Can't believe Carney thinks Lod Blankfein @ Goldman Sucks is right up there with G.E. when even the lowliest bike messenger knows that it's Jamie Dimon @ JPM that sleeps at the White House and has his own red car phone.

Thu, 09/17/2009 - 23:29 | 73102 Anonymous
Anonymous's picture

I think we have a major breakdown in journalism in America. I believe that CNBC knows the truth, but refuses to report the bad news because the organization will get sued. Imagine if they actually stated that Bear Sterns WAS NOT adequately funded (which everyone knew) as opposed to repeating the CEO's lies...and Bear Sterns went under. Would it be CNBC's fault?

Fri, 09/18/2009 - 04:36 | 73189 Anonymous
Anonymous's picture

for crying outloud...all newsfakers are
controlled by the are told what
the oligarchs want you to know....

Thu, 09/17/2009 - 23:35 | 73104 Anonymous
Anonymous's picture

You have to sift through a ton of shit to get a ounce of real information from those CNBC Shills!!

Thu, 09/17/2009 - 23:41 | 73106 Anonymous
Anonymous's picture

They need a business segment like Naked News, obviously female only crew.

Thu, 09/17/2009 - 23:43 | 73110 Jim in MN
Jim in MN's picture

But we have to have vapid, intelligence-sapping financial news in order to avoid actual financial news, right?

I mean, what would the serfs do without it?

Thu, 09/17/2009 - 23:45 | 73115 Anonymous
Anonymous's picture

Best news I've had all day..endless market's the end of the world if the market's down ..I'm convinced a fight will break out one day between two analist(yes ..spelled that way on purpose) over who's the most bullish

seriously the market is not a does this also but not to the degree that cnbs gives more time to actual economic analysis ..a bit drier but more useful

Thu, 09/17/2009 - 23:46 | 73116 Max Power
Max Power's picture

Proof *There is a God*

Thu, 09/17/2009 - 23:46 | 73117 Miles Kendig
Miles Kendig's picture

CNBS should shange their network id to the Entertainment in Business Programing Network or EBPN after ESPN since they do partnerships with various investment leagues...

Fri, 09/18/2009 - 00:00 | 73124 Max Power
Max Power's picture

Are you really a Grandfather today? If so... Congratulations!

Thu, 09/17/2009 - 23:49 | 73119 putbuyer
putbuyer's picture

There is a major tide turning in America. People

are waking up thanks ZH, Denninger and others.

Fri, 09/18/2009 - 08:10 | 73211 Optimystic
Optimystic's picture


Thu, 09/17/2009 - 23:51 | 73121 Marley
Marley's picture

Here's a plan. They have the hired Ivy League bimboos undress when the markets going up and dress when the markets going down. That should increase the 25 to 50, and Viagra, crowd. It'd also help the market get stimulated.

Fri, 09/18/2009 - 00:14 | 73128 Anonymous
Fri, 09/18/2009 - 00:23 | 73130 Sqworl
Sqworl's picture

I posted above proof of why CNBC has been so overwhelmingly loving towards Obama...sheeple...c'mon

Fri, 09/18/2009 - 00:43 | 73133 Anonymous
Anonymous's picture

Someone get me odds as to what hits 0 first, CNBC viewership or the USD

Fri, 09/18/2009 - 00:49 | 73135 Anonymous
Anonymous's picture

CNBC= garbage....most of the anchors are morons, Cramer is a joke, and "Fast Money" is crap as well.

Fri, 09/18/2009 - 00:54 | 73138 qqqqtrader
qqqqtrader's picture

Today, while driving, I turned on CNBC. This was the first thing I heard... "If you make something for $1, and sell it for $100, that's a 99% profit". I think someone from CNBC was trying to debunk a guests comment about healthcare profits being up 400% in a few years.

I turned it off!

Can I get ZH on XM?

Fri, 09/18/2009 - 01:34 | 73151 Anonymous
Anonymous's picture

They are losing grasp of the minions...Fox News (Controlled dissention) and CNN they are all the same...sites like these will get rewarded with traffic...apparently it is working

Fri, 09/18/2009 - 02:25 | 73163 Anonymous
Anonymous's picture

People still watch CNBC? Who? I thought CNBC was just for embedding in blogs know, for laughs.

Fri, 09/18/2009 - 02:33 | 73167 Market_Terminator
Market_Terminator's picture

I confess... I watch CNBC in the morning before heading out.  I enjoy the ass kissing and  brainless banter between Erin Burnette and that pudgy guy, Marc something or another.  Bullshit..I really hope to catch a camera shot of Erins clevage or coin slot, either will suffice.  I have to shut it off once that ass clown Kudlow comes on!

Fri, 09/18/2009 - 10:34 | 73285 Bam_Man
Bam_Man's picture

You will be "hoping" forever. "A-cup Erin" has no cleavage.

Those barely discernable bumps on her chest are two fistfuls of strategically placed Kleenex.

Sat, 09/19/2009 - 02:39 | 74270 Market_Terminator
Market_Terminator's picture

Bummer, I'll go cry in my beer now..

Sat, 09/19/2009 - 02:42 | 74271 Market_Terminator
Market_Terminator's picture

Bummer, I'll go cry in my beer now..

Fri, 09/18/2009 - 02:42 | 73168 Anonymous
Anonymous's picture

TD you have a comparable stat on the increase in zero hedge readers?

Fri, 09/18/2009 - 02:49 | 73170 Digital Gunfire
Digital Gunfire's picture

Some people watch Bloomberg instead of CNBC.
Is it 'better' or is it more of the same
perfect-through-the-middle-we-don't-really-know talk ?

Fri, 09/18/2009 - 10:36 | 73289 Bam_Man
Bam_Man's picture

Bloomberg is "better, but that ain't sayin' much.

Actually, Bloomberg Radio is much better than Bloomberg TV.

Fri, 09/18/2009 - 04:27 | 73185 shorttrader
shorttrader's picture

That is because the American public is smarter than all the goons on that channel. They can see what's happening around them and they realize the economy is muted and conditions are anything but normal.

Hopefully, some one is noting all the names of the paraded "experts", who are claiming the worst is over and will use the footage afterwards when the deck of cards comes crashing down.

Fri, 09/18/2009 - 05:45 | 73198 Anonymous
Anonymous's picture

On a long enough timeline the viewership of every network drops to zero.

Fri, 09/18/2009 - 06:01 | 73199 Anonymous
Anonymous's picture

I guess the programming and propaganda is getting too obvious.

Fri, 09/18/2009 - 06:49 | 73202 Anonymous
Anonymous's picture

NBC ''programming'' is pathetic. The script approval coming out of the stooges on air sounds like Max Headroom with a counter intelligence virus, down right pathetic tic tic tic, ta ta ticking away the moments that make up a dull... dd dd dull Broad castttrated calls make no sense. Buy Bermuda shorts for Johnny Wuh Wuh Winter and U UUUU you will lose viewers do to the blindness, lll luu legs.

Fri, 09/18/2009 - 07:08 | 73204 Anonymous
Fri, 09/18/2009 - 20:22 | 74085 Anonymous
Anonymous's picture

Was that the Onion story example or the F-U-nion or the story that just never makes it on NBC you are trying to define?
P.S. Funions are fun to eat but, they ain't healthy. Unions are evidence of corruption and NBC programming is an FU, kick in the butt offer for all the bruised heal, limping, mark of the beast, blind, deaf and dumb, socialist commie bastard morons still buying, selling and trading the lie programmed into the REAL ID matrix are for horseman of the apocalypse kids breathing deep the gather in gloom.

Fri, 09/18/2009 - 07:51 | 73208 River Tam
River Tam's picture

The problem is CNBC doesnt give men what they want, which is apparently more cleavage.

These guys are such pervs!

Fri, 09/18/2009 - 07:57 | 73209 HEHEHE
HEHEHE's picture

Ratings plummet is obviously due to the hiatus of Dennis "Recession is over" Kneale.

Fri, 09/18/2009 - 07:59 | 73210 Ned Zeppelin
Ned Zeppelin's picture

Simple: start a new financial crisis.

Fri, 09/18/2009 - 08:13 | 73212 Gabriel Gray
Gabriel Gray's picture

So when is Zero Hedge going to start rolling out video commentaries?

All these blogs and websites with such a wealth of information and speaking the truth and still no source(s) has stepped up to the plate to finance a singular website to compete with the MSM, CNBS fools.



Fri, 09/18/2009 - 08:19 | 73215 Anonymous
Anonymous's picture

Hundreds of comments. CNBC is losing viewers but remains an absolute obsession at ZeroHedge.

Fri, 09/18/2009 - 08:25 | 73218 Bearish Spirits
Bearish Spirits's picture

Apparently unless the morning news is really bad, gapping down at the open is banned.  It just will not happen.  Manipulating DXY overnight definitely helps.

Public distraction on-deck: IAEA says Iran has capacity to make nukes and are working on delivery systems.  Media started on it last night.

What was everyone saying about starting some sort of war or international crisis to distract everyone from the economic meltdown?  Get ready.

Fri, 09/18/2009 - 09:05 | 73239 Gilgamesh
Gilgamesh's picture

That was put out during the day yesterday.  Sat around, ZERO reaction in oil, gold, markets, etc.  Was a top headline on Drudge with the 'siren' alert.  Nothing...


If I wasn't expecting a deflationary spike, I'd be all over L-T calls on oil, gold, et al.

Fri, 09/18/2009 - 10:11 | 73275 Anonymous
Anonymous's picture

It is my understanding that the Ruskies have installed one of the worlds finest missile defense systems in Iran to protect their blossoming nuclear interests... or such system will come online in the very near future. Meaning, any attempt by Israel utilizing the same format for destroying previous reactors will fall incredibly short of plan.

I believe the time to strike has already passed... unless of course we do it. And I don't think we'll be starting any new wars given our financial position, unless we're going to throw caution to the wind and start a land grab and play grabby ass with some more oil pipelines... although, this time around, I'd hope we could plunder the national wealth (oil) and utilize it to materially finance our war efforts/deficit... but I don't think we're ready to play for all the chips just yet... despite war being our best core competency.

Fri, 09/18/2009 - 08:30 | 73223 Anonymous
Anonymous's picture

It needs to cut out a lot of the commercials both on TV and on Serious/XM radio and have more conversations of how investors can make money.....

Sat, 09/19/2009 - 06:17 | 74307 Anonymous
Anonymous's picture

If you had a fool proof method for 'making money' do you think you would start a TV program to share it?

The truth is money is made on the ignorance of others, not what you know but what the buyer doesn't know or doesn't want to know, hasn't the time, inclination or brains to know, understand, and act upon.

Fri, 09/18/2009 - 08:32 | 73224 Anonymous
Anonymous's picture

The new ownership at CNBS is almost complete. Once the last of the Riff Raff is dumped the true owners, Liesman and Cramer, will be the full staff. Those two are all the Banksters and the Fed need to spread their message. I also predict that on completion of the take over both will have facial hair and the world will see they are twins.

Fri, 09/18/2009 - 09:30 | 73253 Anonymous
Anonymous's picture

CNBC just needs to tell the truth. That's it. Easy fix.

But they won't because they are owned body and soul by those who profit on lies and half-truths.

They want viewership? Be straight up.

It's highly insulting for them to spin stories (ignore the elephant in the room) as though anyone can't see through them. No credibility, no viewers.

Sat, 09/19/2009 - 06:11 | 74306 Anonymous
Anonymous's picture

Afraid that won't work, either.

Col. Nathan Jessep said it in 5 words 17 years ago.

I am surrounded by friends, associates, enemies, acquaintances and nemeses who will not open their 201K statements. Who, when I even try to bring up the inglorious basturds Paulson, Rubin, Geithner, Greenspan, Bernanke, Orszag, Lord Blankfein, Dimon, Lewis, Fuld, Mack, Frank, Dodd, O'neal, Cassano, Madoff, Kashkari, Moody, Fitch, Standard, or Poor, the disappearing dollar, or deflation, immediately harumph and move on to the particular attributes of some overpaid linebacker, recipe for Salsa,
or their 28 yr old "kid's" latest raid on the family treasure.

Fri, 09/18/2009 - 10:18 | 73278 Anonymous
Anonymous's picture

I used to work at CNBC. We had a funny saying (with alot of truth behind it): "what CNBC needs for ratings is a good financial panic".

This is true. It's like the Weather Channel, whose ratings only go up during a massive storm like a hurricane, CNBC needs a news item of interest. Markets that melt up feed the goodwill and feeling of complacency, thus reduce interest.

CNBC can, from time to time, "induce" ratings with silly programs like "Mad Money" which will generate some short term interest. But by and large it is entirely reliant on the market to drive viewing.

Which is sad. It could be a good place for meaningful non-partisan commentary and discussion. Instead, it's a house of shills.

Fri, 09/18/2009 - 11:12 | 73305 Manfred
Manfred's picture

apart from Bloomberg an alternative to CNBC is Fox Business, a free live feed is at this address

Fri, 09/18/2009 - 12:24 | 73359 Anonymous
Anonymous's picture

Quote" I used to work at CNBC. We had a funny saying (with alot of truth behind it): "what CNBC needs for ratings is a good financial panic"."

We are in the midst of a meltdown right now as we speak! Ratings are down because it does not deliver on it's premise that it is financial news, period. The best thing to happen to CNBC would be if they got new management that focused on reporting real news, but that won't happen because it conflicts with corporate leadership.

Fri, 09/18/2009 - 12:48 | 73388 Anonymous
Anonymous's picture

Jack welch! americas business genius!?! The icon of CEOS! Jack's GE has received 300billionUS$ in guarantees and loans from Obama/taxpayor. If this is Americas best/brightest, we are in the shithouse. we are witnessing the failure of American education system of epic levels. And CNBC-GE continues its propaganda paid for by the US taxpayor. Yet routinely CNBC interrupts its shows with: "..hey...what about fantasy football!! how about them Giants?..." Why? GE has financed the NFL; both of which are technically bankrupt yet kept alive by YOU, ME, and the TAXPAYORS.

Fri, 09/18/2009 - 14:33 | 73545 Anonymous
Anonymous's picture

Non partisan now that is funnny.

Fri, 09/18/2009 - 19:15 | 74028 mkkby
mkkby's picture

Recent polling shows Americans aren't fooled by the optimistic drum beating by big media and the government.  They know the economy sucks and they are being lied to.  It makes sense that they would tune out CNBS.  Also, the attack by John Stewart was withering and it got through to a lot of people, who normally wouldn't have connected the dots.

Fri, 09/18/2009 - 23:33 | 74216 Anonymous
Sun, 09/27/2009 - 20:14 | 81092 Anonymous
Anonymous's picture

1. Six people yelling at each other over lunch isn't a news "format". It's a waste of time and a surefire way to get a headache.

2. When everyone with integrity leaves, and you're left with Dennis Kneale... it's like being the last single guy at a party watching all the couples make out. And let me tell you, that's just creepy.

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