Matt Taibbi On The CNBC "Presstitutes"

Tyler Durden's picture

Submitted by Michael Krieger of Liberty Blitzkrieg blog,

The top definition of presstitute according to Urban Dictionary is:

1. presstitute
A member of the media who will alter their story and reporting based on financial interests or other ties with usually partisan individuals or groups.

It has become abundantly clear in recent years that the mainstream media can not be identified as anything other that a collective of mediocre, corporate/government ass-kissing presstitutes. Different media outlets cater to different special interests, but the end result is all the same. MSNBC for example is essentially a straight up PR outlet for the Democratic Party, while Fox News represents the neo-con arm of the Republican Party and the military-industrial complex generally.

 
CNBC has a special position in the presstitute media hierarchy. They basically defend Wall Street at all costs. The station represents the most important media gatekeeper for the financial oligarch, crony class.The following video is an interview on the daily political talk show Majority Report, hosted by Sam Seder. In this episode, he discusses with Matt Taibbi the recent appearance of Salon’s Alex Pareene on CNBC in which Maria Bartiromo unabashedly presstitutes herself out for Jaime Dimon and JP Morgan in an utterly embarrassing manner.
 
The clip is a little over 16 minutes, but well worth your time. Sam Seder is pretty hilarious and his rapport with Taibbi is excellent.
 
 
So here’s my question for Maria. If all that matters is the bottom line “ex-legal problems” then why did the Feds raid the Silk Road rather than allow them to “settle without admitting guilt?” After all they were a “cash generating machine” too. Take that one on Money Honey.