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Michael Pento Explains The CNBC Incident, Shares His Other Concerns (Uninterrupted And GE-Commercial Free)

Tyler Durden's picture




 

For some, this week's incident on CNBC where Michael Pento was kicked off CNBC for daring to question the basic assumption that his host Erin Burnett presented as fact, was perplexing (to others, who are well aware of the modus operandi of the TV station is, not so much). In a follow up interview that was uninterrupted by commercial breaks and octoboxes, with King World News, Michael Pento gives a post-mortem of just what transpired: "I looked at it 4 times and I don't when I went off the rails, I thought it was a bit unwarranted. All I was doing was being very passionate about an issue I feel very strongly about." The core of the disagreement of course, is the underlying assumption which CNBC takes as gospel, which is that no matter what, interest rates will not, are not allowed to rise (which together with a failed treasury auction, will be the key indicators of the "beginning of the end"). And Pento is completely right to question this as the underlying "factual basis" of any rhetorical question: "We as Americans have no right to believe that interest rates on the 10 year, which are far below their historic 49 year average, 7.31%, are now on 2.7%, so the onus is not on me that interest rates will rise. The onus is on other people to convince me and the investing public that the US bond market will always be in a perpetual bubble that will never burst. And if you look at the data, it shows that this can not be a sustainable situation." Pento then goes on to highlight all the facts that certainly make his case, but that ultimately all collapse into one thing: that the Fed will be able to continue to control, and frankly, manipulate the rate market for perpetuity. This is a flawed assumption and sooner or later Ben Bernanke will lose control as with every system which is in disequilibrium, the snapback to a sustainable balance will occur, and the longer it is kept away from its natural state, the more violent the snapback will be.

One point that Pento discusses that bears further attention, is his argument that governmental investment in the economy should decline and the private sector should be encouraged to pick up the slack. Of course, with the Balance of Payments equation which is now on the forefront of public attention, this means that unless the Current Account goes positive, the private sector is unlikely to be able to pick up the slack from a collapse in endless governmental stimulus (and thus constant debt creation). Which goes to the crux of the Keynesian-Austrian debate. Many would say here that instead of having funded the government apparatus, which as even Mort Zuckerman points out is beyond unwieldy and has grown excessively, the government should have instead have focused on making the US competitive from an international trade standpoint, a topic even Warren Buffett lamented in his non-corrupt days, when he was actually a voice of reason, and not just unbridled, government captured greed. Alas, that would mean a total break from the current Chinese trade surplus hegemony and realigning the US economy in a way that would result in a dramatic shock to millions of people who realize they are simply uncompetitive in the global picture (and thus redundant in the job market) but which would serve as another much needed reset to get America off on a way to long-lost prosperity with an attempt to reincarnate the American manufacturing sector while gradually phasing out the service sector (and especially its "financial innovation" component) . Yet as Gorgon T. Long also pointed out a few days ago, America is now dead set on repeating the destructive Keynesian mistakes of the past, and will continue to fund a broken model until one day, as Michael Pento all too correctly points out, it all snaps, and the "shocking" death of Keynesianism, as described a month ago by Eric Sprott, catches all so many completely unaware.

Of course to explain all this to Erin Burnett, who still believes that the government has done a great job with the "fastest" recovery in the past 20 years, which would be correct if one could eliminate those little pesky things known as "facts", is beyond folly. All those who are invited to CNBC, and dare to explain the truth: you have been warned.

Llink to Pento post-mortem on King World News.

 

 

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Sat, 09/11/2010 - 14:36 | 575785 Nihilarian
Nihilarian's picture

Erin never lets the facts get in the way of her opinions.

Sat, 09/11/2010 - 15:52 | 575879 Millivanilli
Millivanilli's picture

Hollywood- Schindler's list, The Pianist, Sophie's Choice, etc...  I could have referenced King Leopold's Congo- a genocide that killed 10 million people but no one would have picked up on it.  On the other hand, a new holocaust movie comes out every 6 months.   So it is a reference that most people understand.

Sat, 09/11/2010 - 17:11 | 575952 masterinchancery
masterinchancery's picture

To summarize, Erin has no more scruples than Hillary, and would put her grandmother in a camp if it would advance her career.

Sat, 09/11/2010 - 20:26 | 576219 grunk
grunk's picture

You gotta understand. Down here in Mardela Springs, where Erin grew up, it's watermelon pickin' season. Lot's of stress on her daddy, keeping those illegals and the Florida bus contractors in line. That paid all those Saint Andrew's School and Williams College bills.

Sat, 09/11/2010 - 20:58 | 576276 aint no fortuna...
aint no fortunate son's picture

Did she get a nosejob yet?

Sat, 09/11/2010 - 22:18 | 576378 hungrydweller
hungrydweller's picture

I'm waiting for the boob job.  B-cups Burnett just doesn't cut it anymore.

Sat, 09/11/2010 - 18:01 | 576000 Azannoth
Azannoth's picture

My post was deleted and I wont repeat it, just wanted to say that even on ZH political correctness(however unlogical) prevails

Sat, 09/11/2010 - 23:52 | 576472 caconhma
caconhma's picture

Relax, you are not alone whose posts were deleted.

This website has its own agenda and stops at nothing to promote its agenda by any means.

PS

This post also might be deleted. After all, we have Freedom of the press granted to us by our Constitution.

Sun, 09/12/2010 - 00:17 | 576491 CrockettAlmanac.com
CrockettAlmanac.com's picture

Freedom of the press has nothing to do with TD's right to maintain this website -- which is his own private property -- as he sees fit. If that was the way things worked then Pento could just park his can at CNBC and be "rude" to EB all day long. But he can't and freedom of the press has absolutely nothing to do with it.

Sun, 09/12/2010 - 00:18 | 576494 Paladin en passant
Paladin en passant's picture

This post also might be deleted. After all, we have Freedom of the press granted to us by our Constitution.

PS: You have the freedom to go get your own printing press.  The Constitution doesn't give you any right to say anything on anyone else's dime. Censorship by the GOVERNMENT is prohibited.

I pray you don't consider yourself an educated person, because statements such as yours make you look incredibly ignorant.

Sun, 09/12/2010 - 09:53 | 576743 THE 4th Quadrant
THE 4th Quadrant's picture

Nice to see that you do not believe in the underlying themes of the constitution. Too many like you make their way into .gov, that may be his concern.

To tout the constitution as primo but shiz all over it in your own backyard shows a deep fissure in your character, no? You must be with AIPAC, woops I mean CNBC.

Sun, 09/12/2010 - 11:06 | 576814 CrockettAlmanac.com
CrockettAlmanac.com's picture

You don't get it. The Constitution does not guarantee anyone the right to publish on someone else's blog. How can you not understand that?

 

Sun, 09/12/2010 - 12:25 | 576879 Diogenes
Diogenes's picture

Benjamin Franklin explained this 200 years ago. He reserved the right to publish whatever he wanted in his own newspapers and almanacs, and to reject material he did not want to publish for any reason.

However, he offered to publish anybody's writings in the form of a pamphlet or paper under their own name, for the cost of printing.

So, go argue with Ben Franklin if you think you know more about the founding father's intent than he did.

Sun, 09/12/2010 - 13:56 | 576966 CrockettAlmanac.com
CrockettAlmanac.com's picture

OK then. Please publish a blog as popular as ZeroHedge and I will pay you to run articles which will be guaranteed to ruin the reputation and any profit potential of that blog.

You have to do it. It's my Constitutional right.

Sun, 09/12/2010 - 21:40 | 577526 Rick64
Rick64's picture

This is common sense. Benjamin Franklin offered but was not required to by the constitution.

Sun, 09/12/2010 - 17:05 | 577121 Landrew
Landrew's picture

Maybe it was your grammar? If you mean illogical, I doubt anyone would have deleted your comment without merit.

Sat, 09/11/2010 - 22:16 | 576370 Village Idiot
Village Idiot's picture

"Hollywood- Schindler's list, The Pianist, Sophie's Choice, etc...  I could have referenced King Leopold's Congo- a genocide that killed 10 million people but no one would have picked up on it.  On the other hand, a new holocaust movie comes out every 6 months.   So it is a reference that most people understand."

 

 

What do you expect? "Never Forget" is one of our mantra's.

Sun, 09/12/2010 - 11:51 | 576860 Milestones
Milestones's picture

You apparantly have never read or had the pleasure of meeting Leon "let my people go" Uris. I unfortunately did meet this punk in Aspen years ago. It requires restraint to keep from slapping him upside the head.

Funny though, his cheer leading statement fits nicely into the mantra of the middle class america. Let us go from the jewish led assult on our country. Basta es basta!   Milestones 

Mon, 09/13/2010 - 07:13 | 578000 shortus cynicus
shortus cynicus's picture

Millivanilli wrote: "On the other hand, a new holocaust movie comes out every 6 months..."

...and became junked. Just remember who are you fighting on, or follow the money:

Holocaust came by WWII

WWII came from Hitler

Hitler came to power by support of IG Farben and Vereinigte Stahlwerke

IG Farben and Vereinigte Stahlwerke came to production power by financial support of Wall-Street Banksters and technological support from US big Industry

Wall-Street Bansters came from FED

FED came from ...no, no, give me a brake, it can't be true!

So now, please junk me directly in my face! I love take more then one hit.

 

 

Mon, 09/13/2010 - 10:36 | 578301 wolfsonite
wolfsonite's picture

Wow, and think about this:

WWII came from Hitler

Hitler descended from monkeys

Monkeys live in Africa

Africa is Obama's birthplace

OH MY GOD ... Obama is directly linked to Hitler!

 

 

Sat, 09/11/2010 - 15:58 | 575893 taraxias
taraxias's picture

The "shovel dead jews" will get you a lot of junks on here, but the spirit of what you are saying is right on the money.

She's a paid whore, end off.

Sat, 09/11/2010 - 18:15 | 576018 cossack55
cossack55's picture

Probably "overpaid whore" would be more accurate.

Sat, 09/11/2010 - 18:33 | 576042 themosmitsos
themosmitsos's picture

Olo fasaria kai kako eisai mou fainetai, kai xreiazesai othodovourtsa kiolas! ;)

Leave Erin alone. She's cute. That's her job. End of story.

Sat, 09/11/2010 - 22:20 | 576381 hungrydweller
hungrydweller's picture

Still waiting for the boob job.

Sat, 09/11/2010 - 23:59 | 576479 Bendromeda Strain
Bendromeda Strain's picture

She is Whoville's most famous export. Wahoo-doray!

Sun, 09/12/2010 - 09:58 | 576751 THE 4th Quadrant
THE 4th Quadrant's picture

Maybe not cute anymore as age is ravaging her. But the boys over in San Fernando Valley can make a mint with the cum faces that she makes and Tyler captures.

Sat, 09/11/2010 - 17:34 | 575968 homersimpson
homersimpson's picture

For those that junked Millivanilli - look past your own political correctness and you will see the point he's making.

Sat, 09/11/2010 - 20:39 | 576246 Millivanilli
Millivanilli's picture

How many junks to have your post taken down?  Just wondering?

Sun, 09/12/2010 - 00:05 | 576486 tmosley
tmosley's picture

Seems to me that junks simply call moderator attention.  If a post is not out of order (advocating murder seems to be the line), then it is ignored.  Trolls seem to be highly tolerated here, and should be thankful they only have thier posts deleted.  99% of places would ban them for such behavior.

Sat, 09/11/2010 - 14:36 | 575786 Pillage
Pillage's picture

""I looked at it 4 times and I don't when I went off the rails, I thoughty it was a bit unwarranted. ""

 

FIRE THE EDITOR

Sat, 09/11/2010 - 14:41 | 575791 Nihilarian
Nihilarian's picture

Pento 'went off the rails' when he put Erin in a position to think for herself instead of regurgitate scripted dialogue.

Sat, 09/11/2010 - 14:44 | 575795 Pillage
Pillage's picture

My college english professor would go bonkers on this with the marks-o-lot.

Sat, 09/11/2010 - 14:54 | 575800 Nihilarian
Nihilarian's picture

My poor grammar is positively correlated with the frequency Captcha rejects my correct answers.

Sat, 09/11/2010 - 16:24 | 575920 grandcanonical
grandcanonical's picture

lol

Sun, 09/12/2010 - 04:05 | 576614 jez
jez's picture

Don't you mean "the frequency WITH WHICH Captcha rejects"?

Just trying to help.

Sat, 09/11/2010 - 14:53 | 575804 Eternal Student
Eternal Student's picture

And here's the link to the original ZH article and video:

http://www.zerohedge.com/article/mike-pento-kicked-cnbc-telling-truth-du...

It's pretty clear the Erin got angry when Pento disputed her version of the "facts". 

You have to wonder if the former Iraqi Minister of Information is now managing CNBC.

Sat, 09/11/2010 - 14:58 | 575808 Dollar Bill Hiccup
Dollar Bill Hiccup's picture

He had a better sense of humor I think, or at least he was funnier ...

Sun, 09/12/2010 - 00:52 | 576522 FEDbuster
FEDbuster's picture

He won the match with the rolling of the eyes move, it was checkmate after that.

Sat, 09/11/2010 - 15:29 | 575843 Kayman
Kayman's picture

ES

Gosh no !! Baghdad Bob has some pride.

Sat, 09/11/2010 - 15:32 | 575855 Kayman
Kayman's picture

No. Baghdad Bob has some pride.

Sat, 09/11/2010 - 16:44 | 575932 MarketTruth
MarketTruth's picture

It is common knowledge that CNBC is nothing more than a cheerleader and aid in manipulating the market... in-line with the Fed retailers (JPM, GS, HSBC, etc) and touting the 'mottos/talk lines' of the White House. Anyone who thinks otherwise should have been all-in to Bear-Sterns per Cramer.

What is surprising is that Erin look so amazed when someone tells the truth and her weak attempt to divert back to the normal CNBC propaganda. The Ministry Of The Truth (CNBC) has lost control and this is why so many hundreds of billions are leaving the scam call Wall Street, 401k, etc.

Smart investors know CNBC is nothing more than shills doing their Master's bidding.

Sat, 09/11/2010 - 20:38 | 576242 New_Meat
New_Meat's picture

ministry of truth knows how to deal with these situations.

Sat, 09/11/2010 - 19:02 | 576083 heyligen
heyligen's picture

Comical Ali? I'm missing him, he was soo simply wrong. Now they're soo complexely donnow what.

 

 

Sat, 09/11/2010 - 14:39 | 575789 TheGoodDoctor
TheGoodDoctor's picture

Someone should make a coloring book for Erin so she can better understand what Pento was saying.

Sat, 09/11/2010 - 14:42 | 575793 VeloSpade
VeloSpade's picture

I used to have sexual fantasies about Erin Burnett, but with each passing day, she is slowly starting to look and act like Maria Biatchiromo.  This interview especially reinforces the inevitable, that which not even viagra will cure.  CUNT!

Sat, 09/11/2010 - 14:47 | 575798 Azannoth
Azannoth's picture

All women are whores at heart some just admit it plainly

Sat, 09/11/2010 - 15:10 | 575821 sourgrapesson
sourgrapesson's picture

Go tell your Mother that she is a whore at heart....

Sat, 09/11/2010 - 15:20 | 575831 Azannoth
Azannoth's picture

My mother married my father only for money and I know it so I would tell her if she wanst dead, to bad for her and me he wasnt rich

Sat, 09/11/2010 - 15:37 | 575859 Kayman
Kayman's picture

And I'll bet a nickel if you offered some of your "whore" wisdom to your mother she would have paddled your red ass.

The best part of you seems to have dribbled down your mother's leg.

Sat, 09/11/2010 - 22:22 | 576383 hungrydweller
hungrydweller's picture

+1000

Sat, 09/11/2010 - 15:43 | 575864 fiddler_on_the_roof
fiddler_on_the_roof's picture

Just as all men are.

Sat, 09/11/2010 - 16:32 | 575925 Azannoth
Azannoth's picture

Yes true, this is the nature of a multisex species, nothing good or bad about it

Sat, 09/11/2010 - 17:11 | 575950 digitalhermit
digitalhermit's picture

Indeed...

"My mother said it was simple to keep a man; you must be a maid in the living room, a cook in the kitchen and a whore in the bedroom." -Jerry Faye Hall

Sat, 09/11/2010 - 22:23 | 576385 Village Idiot
Village Idiot's picture

I thought that was Jerry Falwell's line?

Sun, 09/12/2010 - 13:07 | 576915 KevinB
KevinB's picture

This line was popular in the late 1800's, and its correct formation is "A lady in the drawing room, a chef in the kitchen, and a whore in the bedroom". Everyone else has (mis)approriated it.

Sat, 09/11/2010 - 22:23 | 576387 hungrydweller
hungrydweller's picture

+1000 indeed.  You go Jerry!

Sun, 09/12/2010 - 02:14 | 576576 Spitzer
Spitzer's picture

i agree but its only natural for females to go for the best provider

Mon, 09/13/2010 - 14:31 | 578897 ZeroPower
ZeroPower's picture

WORD. Evolutionary psych ftw.

Sat, 09/11/2010 - 14:43 | 575794 Daves not here man.
Daves not here man.'s picture

duh, nothing can be in a bubble when people are buying it! lol...  

Sat, 09/11/2010 - 14:47 | 575797 xamax
xamax's picture

Erin knows the truth but CNBC only has audience when stocks go up.

BTW, CNBC is owned by GE which still needs bailout funds from Banana ben , capito ?

Sat, 09/11/2010 - 15:17 | 575829 Conrad Murray
Conrad Murray's picture

Actually, CNBS' moronic viewership show up in far larger numbers when stocks are down: http://wallstcheatsheet.com/breaking-news/cnbc-turn-on-tune-out-drop-out...

Sat, 09/11/2010 - 15:55 | 575885 Eternal Student
Eternal Student's picture

I have to question whether Erin or the others at CNBC really do know the truth. There was an interview of Roubini this week by Maria Baritoromo, where he was discussing unemployment. He pointed out that the potential labor force was increasing significantly every week, due to those coming of age or graduating from school.

If you watched closely, Maria's reaction was "Oh!". A light bulb clearly went off and it was something that she had obviously never considered. She even admitted it later. Now here's a gal whose business is to know this stuff, she's been doing this for years, and she's having a complete revelation about the very basics on national TV!

It's pretty clear that the babes on CNBC really ARE that dumb.

 

Sat, 09/11/2010 - 16:40 | 575927 liberal sodomy
liberal sodomy's picture

she was recruited at a sheepshead bay OTB.  nuff' said.

Sat, 09/11/2010 - 17:42 | 575977 Big Corked Boots
Big Corked Boots's picture

LOL and a +2 (bet) 

Sat, 09/11/2010 - 20:20 | 576211 BrosMacManus
BrosMacManus's picture

Your avatar scares me.

Sat, 09/11/2010 - 16:41 | 575928 Waterfallsparkles
Waterfallsparkles's picture

The people that work for CNBC live in glass towers.  They have no idea what it is like for regular Americans.  They get paid big Money and their lifestyle has not changed since 2008.  I am sure they have a great pension and being they cannot invest in stocks they did not see the devistation in the average Americans 401K.

Maybe if the lived in Detroit for a few months and saw the devestation and all of the people without jobs and the deteriotion of the housing.  The hoplessness of the people they would understand.  Or even in California where stores are closed and people are living in their cars.

They are totally isolated from what the real Americans are going thru.  So, for them everything is rosey and they cannot understand why people are so pesimistic.

Sat, 09/11/2010 - 18:42 | 576053 Conrad Murray
Conrad Murray's picture

Whoever junked you without leaving an explanation is a cowardly piece of spoiled brat shit.  I hope he or she gets left swinging in the wind with the dick of one of the CNBS propaganda artists shoved down his or her throat.

Sat, 09/11/2010 - 19:05 | 576089 ratava
ratava's picture

or he just could not stand seeing devistation and devestation in one post

Sat, 09/11/2010 - 20:22 | 576215 BrosMacManus
BrosMacManus's picture

Maybe, but I think tere be CNBS lurkers here...

Sun, 09/12/2010 - 13:09 | 576917 rocker
rocker's picture

Kermit's, (Kernen), Weekend Job.  

Sat, 09/11/2010 - 22:29 | 576399 RabidLemming
RabidLemming's picture

ffs ... shut up... those of us that have lived in the "rust belt" have felt this for years.  so sorry Detroit is imploding, actually I am not sorry. deal with it and adapt.

Sat, 09/11/2010 - 18:10 | 576014 Rick64
Rick64's picture

 They aren't reporters or journalists, they are paid actors reading their lines. Journalism is dead.

Sat, 09/11/2010 - 20:37 | 576240 dogbreath
dogbreath's picture

amen.  they are doing their shift at the factory churning out bullshit. 

 

Kill your TV

Sat, 09/11/2010 - 22:26 | 576392 Village Idiot
Village Idiot's picture

"Kill your TV"

what happens when they hit the kill switch on the internet?  that might shake investor confidence.

Sat, 09/11/2010 - 23:38 | 576460 Village Idiot
Village Idiot's picture

No, but I have the Korean stuff. 

Sat, 09/11/2010 - 21:32 | 576322 MmeBovary
MmeBovary's picture

I do believe I saw that story on The Onion a while back....something like "Available labor rate reaches double digits for the first time." CNBC or The Onion? When you can't tell the stories apart, you know the world is truly sliding to Hades in a handbasket.

 

http://www.theonion.com/articles/labor-dept-available-labor-rate-increas...

 

 

Sun, 09/12/2010 - 13:15 | 576921 KevinB
KevinB's picture

He pointed out that the potential labor force was increasing significantly every week, due to those coming of age or graduating from school.

Why is this obviously true? The baby boom cohort was one of the largest in US history, and every week, more boomers are reaching 65 and retiring. I didn't see the interview, but what evidence did Roubini present that there were more entrants to than exits from the labour force? I don't think you can make an a priori case that it's true.

Sat, 09/11/2010 - 14:50 | 575801 digalert
digalert's picture

One thing about CNBS that pisses me off. In their half ass attempt to be a reputable business news service, they invite guests with different views. When the guest strays too far from the propaganda script they get tag teamed by the CNBS teleprompter cast. One has to ask, are they really useful idiots that believe their own tripe? Or are they just teleprompter-bots working for the common good?

Sat, 09/11/2010 - 15:17 | 575811 Azannoth
Azannoth's picture

You would be surprised how many people actually believe their own bullshit, just look at all the religious people around the world(what are there 90% of all humanity or so) if you can believe in an Invisible Man in the sky who watches everything you do every second of every day and than after you die he 'judges' you on his arbitray rules you can believe in anything, it's actually logical, the brain filters out the truth to safeguard it's survival, no you cannot save the majority and that is why a collapse is inevitable. You can really do only 1 think make sure you have your own personal life boat for when the flood comes

There are only 2 infinites in the Universe it's size and the size of Human stupidity, although there are doubts about the 1st

Sat, 09/11/2010 - 16:01 | 575897 UncleFurker
UncleFurker's picture

 

+1000, since I can't balance out the fundies junking such a truthful post.

 

 

Sat, 09/11/2010 - 17:41 | 575975 homersimpson
homersimpson's picture

Truthful? Even to his death bed Clyde Barrows never thought he never did wrong. In other words, it's only truthful to atheists and people who put their head in the sand.

Sat, 09/11/2010 - 18:24 | 576028 Things that go bump
Things that go bump's picture

Clyde Barrows didn't die in bed.   Riddled with bullets, he died in a car alongside Bonnie Parker, exterminated like the vermin they were.  

Sun, 09/12/2010 - 05:39 | 576639 jeff montanye
jeff montanye's picture

that's the easy part.  what does the rest of the post mean?

Sat, 09/11/2010 - 17:40 | 575972 arnoldsimage
arnoldsimage's picture

since the Lord was gracious and merciful towards Saul, whose hobby was butchering christians, i believe there is still hope for even you, Azannoth. may God deliver you.

Sat, 09/11/2010 - 21:08 | 576290 RichyRoo
RichyRoo's picture

You mean Paul.

Saul was the first king of the Jews who was replaced by David well before J.C arrived on the scene.

Interestingly enough, Paul never met J.C and recieved his revelation from a magic light, which is how Satan was described by Matthew. So close examination of the Bible shows that the founder of the Catholic Church (Paul) was most likely an agent of Satan... makes a lot of sense to a lot of choir boys.

Sat, 09/11/2010 - 22:27 | 576395 hungrydweller
hungrydweller's picture

Saul was his original name, dumbass.

Sun, 09/12/2010 - 00:17 | 576492 Spalding_Smailes
Spalding_Smailes's picture

Its kind of funny to think that a book written so long ago could speak about the times we are going through. Also, try picking up a bible from say 1920 and try to read it, you will not be able get through one page.

Unless you read the bible you should not speak on its behalf.You are lost.Go back to your tv,enjoy.

PS- Organized religion does not represent Christianity.

Sun, 09/12/2010 - 05:44 | 576641 jeff montanye
jeff montanye's picture

why 1920?  would think the king james' (early 1600's) would seem much the same.

Sun, 09/12/2010 - 06:45 | 576659 Dollar Bill Hiccup
Dollar Bill Hiccup's picture

Learning Greek and Hebrew are also good so you get a better sense of the historical texts ... There are plenty of resources where the text is side by side, say ancient Greek and English ...

Sun, 09/12/2010 - 17:37 | 577153 Bendromeda Strain
Bendromeda Strain's picture

You freak me out dude - why the pinup when it contradicts the message? Double minded?

Sat, 09/11/2010 - 17:40 | 575973 homersimpson
homersimpson's picture

In other words, you're against an existence of God. You could've saved your obvious biases and energy and compress them all in one sentence instead of expounding how dumb or sheepish "religious" people are. As I tell everyone who doesn't believe in God - hold your head underwater for 15 minutes.. you'll see him. Guaranteed.

Sat, 09/11/2010 - 18:37 | 576045 CrockettAlmanac.com
CrockettAlmanac.com's picture

As I tell everyone who doesn't believe in God - hold your head underwater for 15 minutes.. you'll see him. Guaranteed.

When I tried that the dude said his name was "Allah."

Sat, 09/11/2010 - 20:58 | 576274 fxrxexexdxoxmx
fxrxexexdxoxmx's picture

You misunderstood. You do not hold the heads of innocent women and children under water for 15 minutes, that is how you see Allah.

 If you hold your head underwater you see G-d.

Sun, 09/12/2010 - 05:48 | 576642 jeff montanye
jeff montanye's picture

the innocents have taken hard licks from believers in anything and everything and from the unbelievers as well.  the natural can never prove the supernatural.  it's faith.

Sun, 09/12/2010 - 13:02 | 576910 GoinFawr
GoinFawr's picture

You misunderstood. You do not hold the heads of innocent women and children under water for 15 minutes, that is how you see Allah.

Really? I thought for sure  that sort of action would show you, instead of pearly gates, a CIA waterboarder or unmanned but heavily armed drones emblazoned with 'USA'. You'd only see them for a fraction of a second, of course, then on to infinity!

On all this advice on how to see the 'Truth' I tried holding my head underwater for 15 mins, but after a minute-thirty I only saw LizarD People, and man were they pissed with all of you God-boys. I mean, don't the three Abrahamics all worship the same deity anyway, just interpret his rules a little differently?  If their religious leaders/followers had a modicum of intelligence they would be banding together against the true infidels (moonies) instead of nitpicking to death (literally) each others' gold-leaf distinctions about 'on which day JC rode forth on hisseth dinosaur'.

Regards 

Sat, 09/11/2010 - 18:43 | 576056 Conrad Murray
Conrad Murray's picture

You first whacko.

Mon, 09/13/2010 - 04:00 | 577915 doggings
doggings's picture

hold your head underwater for 15 minutes.. you'll see him. Guaranteed.

If only everybody who does believe this particular fairy story did go and "see god" that way we could finally get on with the evolution of the human race past this nonsense.

until then we're doomed to more of the same.

& mostly in "his" name lol

 

 

Sat, 09/11/2010 - 18:23 | 576025 Fazzie
Fazzie's picture

 I wont junk you but I would like to point out that spiritual beliefs or being either agnostic  or an atheist does not necessarily correalate with intelligence.

 One could be a really dumb atheist or a genius with religous beliefs.

 Or not.

Sat, 09/11/2010 - 21:59 | 576344 Oracle of Kypseli
Oracle of Kypseli's picture

How about the agnostic that had second thoughts and is now unsure?

 

Sat, 09/11/2010 - 22:29 | 576401 Village Idiot
Village Idiot's picture

Is that the same as a "definite maybe"

Sun, 09/12/2010 - 02:37 | 576587 UncleFurker
Sun, 09/12/2010 - 07:19 | 576669 Dismal Scientist
Dismal Scientist's picture

Which makes the US an outlier for now. Have a guess where the circle is going to move to over time...

Sun, 09/12/2010 - 07:51 | 576677 Azannoth
Azannoth's picture

I think that Ireland, Greece, Spain and maybe Italy will move to the left(no pun indended lol) a lot soon, and the USA will follow in 10-15 years, actually the 'prosperity' in those countries in almost exclusively driven by debt, so if u do Capital - Debth = Wealth those countries would be a lot more to the left

Sun, 09/12/2010 - 10:21 | 576772 THE 4th Quadrant
THE 4th Quadrant's picture

Funny, no definition of wealth on that graph...

Is your wealth 'paper' wealth or physical wealth? Can I use mark-to-market rules to account for my wealth? My employer has a history of low turnover. This basically tells me that my job is guaranteed, forever. I will book revenue from future income earned including pension & SS now, thank you.

In the not to distant future we will see how the mind-melders have deceived you on every account.

Sat, 09/11/2010 - 19:01 | 576081 malek
malek's picture

While I generally agree with you,
there is a often toted misconception that more realistic/intelligent/truthful/moral people fare better in an epic collapse. This is only true in the rare cases of very fast collapses where missing preparation kills you.
Otherwise, in slow grinding collapses, even the stupidest have enough intelligence or instinct to have the same chance of survival, as all things become real simple. Very intelligent people in such circumstances actually tend to trip over their own smarts.

Sun, 09/12/2010 - 03:20 | 576602 i-dog
i-dog's picture

"religious people around the world (what are there 90% of all humanity or so)"

Fortunately, it is less than 50% in Europe and Asia. Only the USA has more than 90% clinging to stone age myths ... like gods and Keynesianism.

Sun, 09/12/2010 - 05:54 | 576645 jeff montanye
jeff montanye's picture

check the graph cited above regarding poverty and religion.

Sun, 09/12/2010 - 07:35 | 576667 i-dog
i-dog's picture

Thanks for pointing that out.

I can see the US taking a sharp left turn on that chart if the numbers were adjusted for the hundreds of trillions in hidden debt and the 50+% government (ie. non-productive) share of US "GDP".

Sat, 09/11/2010 - 16:16 | 575913 sethstorm
sethstorm's picture

Works for Fox and their smear merchants.

Sat, 09/11/2010 - 17:44 | 575978 homersimpson
homersimpson's picture

<double post>

Sat, 09/11/2010 - 17:44 | 575979 homersimpson
homersimpson's picture

Another Obamacrat pissed off that Fox is killing CNBC/CNN/NBC/etc. in the news ratings. This "attack Fox" schtick is as old as Obama's blame game. All you Obamacrats - get over it. Fox is doing their thing - and tell all those libbie mass media station to fix their offerings. Just because the mass media is owned by the left, that doesn't mean we have to eat wha they're shoveling..

Sat, 09/11/2010 - 17:54 | 575990 EscapeKey
EscapeKey's picture

I'm most certainly not an "Obamacrat" (member of the UK Tory party), but you're absolutely hopelessly naive if you don't realize the editorial direction of Fox, and that "Fair and Balanced" is doublespeak by definition.

 

Sat, 09/11/2010 - 18:15 | 576017 Rick64
Rick64's picture

+1000

Sat, 09/11/2010 - 22:05 | 576353 Oracle of Kypseli
Oracle of Kypseli's picture

Is this why none of the politicians or parties respect the will of the people?

If no "Vox populi vox dei" then what do you think the people should do?

Do you have an answer?

Sat, 09/11/2010 - 18:31 | 576038 Fazzie
Fazzie's picture

Rooting for Fox or CNBC is like 2 tobbaco chewers getting into a heated argument over their favorite professional wrestlers.

 They would both quickly band together and get really mad at a third person who might point out its all fake.

 

 

Sat, 09/11/2010 - 20:28 | 576223 Katharotes
Katharotes's picture

+1 lol

Sat, 09/11/2010 - 20:50 | 576259 Whats that smell
Whats that smell's picture

Nailed it brother!

Sat, 09/11/2010 - 21:14 | 576298 RichyRoo
RichyRoo's picture

So true.

From the truth is stranger than fiction dept:

We just had a former Liberal Party (Rep/Tory) Prime Minister Malcolm Fraser, claiming that the Labor Party (Dem/Labor) lost our recent election because of Rupert Murdoch! He was decrying the victory of the party he used to lead, its like Jimmy Carter bemoaning the Obama victory or something!

He made this claim on a public broadcast (government funded) channel on a panel show stacked with leftie crypto-facists and didnt for a second seem to realised the irony of complaining about the manipulative nature of an ideologically skewed, agenda driving media organisation from the safe confines of a manipulative ideologically skewed, agenda driving media organisation!

 

The analogy to WWF is good, blue corner and red corner are BOTH paid actors working to a choreographed script, both are fake.

Sat, 09/11/2010 - 14:52 | 575802 strannick
strannick's picture

Why should Pento apologize for what was the most engaging bit of truth telling seen in recent televised history. I was on the edge of my seat, wanting to wave a 'Euro Pacific' flag. Dont dumb it down Pento. 'The eagle never wasted so much time as when he stopped to learn of the crow'

Sat, 09/11/2010 - 15:06 | 575817 ThisIsBob
ThisIsBob's picture

You shouldn't equate that silly airhead with a crow.  Crows are smart.

Sat, 09/11/2010 - 15:55 | 575882 GoinFawr
GoinFawr's picture

'The eagle never wasted so much time as when he stopped to learn of the crow'

In the movie "Deadman" the quote was,

"The eagle never saved so much time as when he stopped to learn from the crow"

Just sayin',

Regards

Sun, 09/12/2010 - 06:00 | 576647 jeff montanye
jeff montanye's picture

now that makes sense.  earlier: eagle chauvinism apparently.  lots of that still going around.

Wed, 09/29/2010 - 01:40 | 575883 GoinFawr
GoinFawr's picture

Erm, appy polly logies. I just watched "Deadman" again, and lordy, if the quote wasn't actually,

"The eagle never lost so much time as when he submitted to learn from the crow."

'wasted' is far closer than 'saved'... my bad.

Regards

 

Sat, 09/11/2010 - 14:56 | 575807 NERVEAGENTVX
NERVEAGENTVX's picture

+10

Sat, 09/11/2010 - 15:02 | 575812 frankTHE COIN
frankTHE COIN's picture

She's a Williams grad. Home Schoolers rule !

Sat, 09/11/2010 - 15:05 | 575816 bugs_
bugs_'s picture

So when will CNBC offer Pento his own show?

Sun, 09/12/2010 - 23:56 | 577747 Daves not here man.
Daves not here man.'s picture

about the same time that i'll be selling my gold!

Sat, 09/11/2010 - 15:15 | 575819 chrisd
chrisd's picture

He came off as an ass. How come Rosenberg and Hussman can have a civil debate while disagreeing with the hosts and other guests? There is a difference between getting kicked off the show for disagreeing and getting kicked off for interrupting and not letting others finish their statements (I agree they weren't questions). This was a case of the latter.

Sat, 09/11/2010 - 15:32 | 575852 watchingdogma
watchingdogma's picture

Hi Erin!  I didn't know you read ZH!

Sat, 09/11/2010 - 20:31 | 576229 BrosMacManus
BrosMacManus's picture

chrisd: "You are sooooo rude!"

Sat, 09/11/2010 - 15:47 | 575874 Kayman
Kayman's picture

chrisd

Did you lose your marble?  The host asks a question that is effectively a statement, she gets a response in which she stumbles badly, then she attacks her guest.

GE badly needs this economy to recover and will do anything (including the Goebels scripting) to survive.

Rather than bringing in "guests" maybe the cast could sing Deutschland Uber Alles. Emotion and scripting do not trump facts and cogent argument.

Sat, 09/11/2010 - 16:05 | 575903 UncleFurker
UncleFurker's picture

 

An ass?

His eye-roll was timed to perfection, as was the director switching to dual-screen in order to show it as Erin went on her rant.

Someone needs to stick something in Erin's mouth to shut her up. Better to remain silent and be thought a fool,than to speak and remove all doubt.

 

 

 

Sat, 09/11/2010 - 20:33 | 576231 BrosMacManus
BrosMacManus's picture

Funny that Lori Ann LaRocco (CNBC producer) is a regular guest on KWN, no?

Sun, 09/12/2010 - 04:18 | 576616 VeloSpade
VeloSpade's picture

UncleFurker wrote:

"Someone needs to stick something in Erin's mouth to shut her up."

 

How about my cock?

Sun, 09/12/2010 - 06:03 | 576648 jeff montanye
jeff montanye's picture

beware the vagina dentata.

Sat, 09/11/2010 - 16:19 | 575916 strannick
strannick's picture

If more people were less tolerant of innane shills, the world would be a happier place

Sat, 09/11/2010 - 17:25 | 575961 mark mchugh
mark mchugh's picture

I for one am sick of letting people spew the outright lies that are destroying our country in the interest of being polite.

I wrote Erin a little email asking who she thinks these "people buying Treasuries" are.  Her Facebook friends?

Needless to say, she hasn't replied.

Sat, 09/11/2010 - 22:27 | 576398 calltoaccount
calltoaccount's picture

patriot rap:

I for one

am

sick of letting people

spew the outright lies

that are

destroying our country

in the interest of

being 

polite.

Sat, 09/11/2010 - 21:16 | 576300 RichyRoo
RichyRoo's picture

but this sort of thing is bound to happen when the presenter is a hopeless twit

Sat, 09/11/2010 - 15:09 | 575820 Dollar Bill Hiccup
Dollar Bill Hiccup's picture

My guess is that Erin has it pent up for Pento.

Uggh, why watch Erin Burnett when you can watch Margaret Brennan.

 

Sat, 09/11/2010 - 15:27 | 575838 RockyRacoon
RockyRacoon's picture

I kinda like Rebecca Jarvis. Wonder if she'll stay on?

Sat, 09/11/2010 - 20:38 | 576241 BrosMacManus
BrosMacManus's picture

Jarvis was on the Apprentice, wasn't she?

I'm a fan of Mandy Drury. Not foxy, or gorgeous, but sexy nonetheless.

 

Sat, 09/11/2010 - 22:18 | 576379 RockyRacoon
RockyRacoon's picture

I believe "slutty" was the word you were looking for.

 

Sat, 09/11/2010 - 22:32 | 576405 hungrydweller
hungrydweller's picture

Slutty and DUMB!  Even better!

Sat, 09/11/2010 - 15:19 | 575828 Dismal Scientist
Dismal Scientist's picture

Weekend question: is there an inverse correlation between the intelligence of female CNBC presenters/analysts/shills and their physical attractiveness to others ? I present in evidence to support my thesis:

Erin Burnett: http://www.youtube.com/watch?v=PKg6WcXNQNk

Sylvia Wadhwa (starts 0:22): http://www.youtube.com/watch?v=CIuASW_Mb_c

Btw, there's only one clip of Sylvia on YouTube. Erin, well quite a lot more...

Sat, 09/11/2010 - 15:32 | 575853 RockyRacoon
RockyRacoon's picture

Oooh.  That Sylvia is HOT!  Reminds me of my old nanny, Helga.

Love the mustache.

Learned a lot from old Helga, mostly how to appreciate older women.

Sat, 09/11/2010 - 15:52 | 575877 Dismal Scientist
Dismal Scientist's picture

They gave Sylvia a chance once to be a co-host on CNBC Europe out of London. She looked delighted to be there, and was largely ignored. A shame really, she has more smarts than the rest of the women put together. Especially Louisa 'dumb as a post' Boyesen. Thats not me saying it, I got it first hand from a regular guest host.

Sat, 09/11/2010 - 18:00 | 575999 Orly
Orly's picture

I think that it was her accent that left her largely ignored.  She is very difficult to understand with a sharp and curt German pronunciation.

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