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CNBC Viewership Drops To Lowest Since 1997, Cramer Has Worst Month Ever

Tyler Durden's picture




 

While those in the financial industry who are forced to make profits by trading other people's money (note: never their own) enjoy CNBC for the comedic content and the endless barrage of humorous propaganda (while getting their actionable info from Bloomberg and sellside soft-dollar services), the retail investor has traditionally relied on the Comcast channel for news updates, biased as they may be (remember: the Fed, ECB and BOJ are only micromanaging the global economy and injecting trillions because all is swell and self-sustainingly recovering and stuff) and trading recommendations.

At least that's how it used to work. However, when one looks at the most recent CNBC ratings something odd emerges: either the "retail investor" has found an alternative media outlet for getting their financial information during the day (or simply is tired of being lied to about some magical recovery that only affects 1% of the population) or said retail investor simply no longer exists despite all the endless propaganda to the contrary spewed by CNBC itself.

The reason? According to the latest Nielsen Media Research data, in the second quarter of 2014, CNBC business day viewership for all viewers just dropped to 162,000 - a new (and depressing for Comcast) low, on par with Q2 of 1997!

Where things get funny is when one looks at the ratings of that consummate entertainer, that self-appointed "voice of the people", Jim Cramer. Sadly for Cramer, the people are now gone. Because also according to Nielsen Jim Cramer's Mad Money show just had its lowest ever rated month in the 25-54 demo, and is about to have its second lowest rated month ever across total viewers.

 

But the punchline is when one looks at Cramer's ratings on a daily basis. It is here where one finds that this past Friday not only was Mad Money trounced by its competition including Fox Business' brand new Making Money with Charles Payne (at a ratio of some 9 to 1), but Mad Money had a laughable 2,000 (!) viewers in the targeted 25-54 demo.

Surely even the cancelled Larry Kudlow could find more viewers than this? And in other rhetorical question, maybe it is not too late for Comcast to ask for its money back?

 

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Tue, 06/24/2014 - 16:36 | 4890648 CPL
CPL's picture

I wonder if they understand that one of the first things to go is cable when money is tight...oh well.  No great loss, no one was appearently watching anyways.

Tue, 06/24/2014 - 16:39 | 4890671 Say What Again
Say What Again's picture

Cramer's ratings decline is due to the weather.  We expect things to improve in the fall.

Tue, 06/24/2014 - 16:42 | 4890679 johngaltfla
johngaltfla's picture

It's that anti-Bald bias intelligent investors are holding against an alleged criminal having his own show. Oh, wait a sec; I forgot his admission to manipulating markets was erased off the internet under threat of lawsuit and Obama sending Jack Booted Thugs to attack anyone old Jimbo asked him to who failed to comply.

Tue, 06/24/2014 - 16:44 | 4890687 RockyRacoon
RockyRacoon's picture

It was nice to see Kudlow bite the dust, even tho they do drag him out of his hole now and then to spout a few irrational opinions.

Tue, 06/24/2014 - 16:45 | 4890694 NotApplicable
NotApplicable's picture

Cramer has NO IDEA!

Tue, 06/24/2014 - 16:47 | 4890709 RockyRacoon
RockyRacoon's picture

Das true.   Think what you will of The Daily Show, but Stewart reamed Cramer a new one a while back.  That was refreshing.

Tue, 06/24/2014 - 16:58 | 4890756 Gaius Frakkin' ...
Gaius Frakkin' Baltar's picture

Haha... I seriously didn't know Larry Kudlow was cancelled until now...

Tue, 06/24/2014 - 17:05 | 4890783 kliguy38
kliguy38's picture

NO ONE knew he was cancelled.......EVEN his mother....heheheheheheheheehhehehe

Tue, 06/24/2014 - 17:10 | 4890805 NoDebt
NoDebt's picture

When was the last time you saw a cable news channel cancelled for lack of viewership?

Nobody watches MSNBC and it still trucks right along.

It's a cheap outlet for their propganda.  They throw out pre-planned, pre-digested storylines and they get their agenda out there and starting to be discussed.  They don't give a crap if the channel makes money or not.  The real money is in setting the political agenda, which IS where the real money happens.

Tue, 06/24/2014 - 17:14 | 4890818 TeamDepends
TeamDepends's picture

The average human can only lean forward for so long.

Tue, 06/24/2014 - 17:31 | 4890875 Harbanger
Harbanger's picture

Obama's slogan Forward! meant lean forward.  Now I get it, how did I miss that.

Tue, 06/24/2014 - 17:41 | 4890895 DaddyO
DaddyO's picture

The hopium is clearly wearing off.

Look out when Joe Blow starts to jones though, he'll be looking for the next fix and he could get testy.

DaddyO

Tue, 06/24/2014 - 18:50 | 4891141 Pegasus Muse
Pegasus Muse's picture

“Today CNBC doesn’t exist to inform the public on markets & the economy, but to advocate for retail participation in markets. 

Predators need prey.” --anonymous

Tue, 06/24/2014 - 18:39 | 4891100 WillyGroper
WillyGroper's picture

Rachel Maddow did a show on the FEMA coffins once that has since been scrubbed.

Suppose the propaganda was fear?

Tue, 06/24/2014 - 17:11 | 4890810 TeamDepends
TeamDepends's picture

Profit With CramerTM  downgraded to Buy The Old Boy A Drink.

Tue, 06/24/2014 - 17:15 | 4890825 headhunt
headhunt's picture

Every once in a while Stewart actually tells the truth about the left.

It could be a coincidence but it seems to start around April 15 - tax day.

Tue, 06/24/2014 - 17:11 | 4890809 Harbanger
Harbanger's picture

Doesn't Al Sharpton have his own show on CNBC?  CNBC is left of CNN.  Where's the viewers?  Everyone knows it's bullshit theather.  These people have way too much influence for their actual numbers.

Tue, 06/24/2014 - 17:43 | 4890899 Town Crier
Town Crier's picture

The ratings people might have to start following the US government's methods of calculating numbers and statistics. In Cramer's case, viewers without brains could be counted twice.

Tue, 06/24/2014 - 17:15 | 4890826 Freddie
Freddie's picture

TV and Hollywood are for retards who support the NWO's endless bullshit.

Tue, 06/24/2014 - 16:48 | 4890718 ziggy59
Wed, 06/25/2014 - 06:48 | 4892397 TinF0ilHat
TinF0ilHat's picture

So after watching that, how can trust what he says on TV (not that I watched his show a lot any ways)?  he said that he had to get the disinformation on CNBC.  what a piece of shit this guy.

Tue, 06/24/2014 - 16:59 | 4890759 Zeptemberalevin
Zeptemberalevin's picture

Say That Again! vote up!

Tue, 06/24/2014 - 18:04 | 4890971 Suisse
Suisse's picture

Boo Ya! Buy Buy Buy!

Tue, 06/24/2014 - 18:41 | 4891113 WillyGroper
WillyGroper's picture

Looks more like bye bye bye.

Tue, 06/24/2014 - 16:40 | 4890673 johngaltfla
johngaltfla's picture

If I had a choice between watching CNBC 24/7 or watching Bill and Hillary make love 24/7 I would gouge my eyes out with rusty fork.

Tue, 06/24/2014 - 16:49 | 4890719 RockyRacoon
RockyRacoon's picture

That's not one of your given choices, but I can certainly see the merit therein.

Tue, 06/24/2014 - 17:20 | 4890841 Freddie
Freddie's picture

http://en.wikipedia.org/wiki/Hobson%27s_choice

Hobson's Choice - either watching Hillary and her girlfriend aka Carlos Danger's wife make "love" or cutting your balls off with a defective and rusty Ginzu knife.

Tue, 06/24/2014 - 17:43 | 4890898 DaddyO
DaddyO's picture

Holy Cow, Fredo, the graphic commentary is too much for this old duffer to comprehend.

#owmyballs

DaddyO

Tue, 06/24/2014 - 16:50 | 4890727 Da Yooper
Da Yooper's picture

Tell us how you really feel brother John

Tue, 06/24/2014 - 16:59 | 4890758 Aknownymouse
Aknownymouse's picture

The Kramer chart is tick for tick tracking the VIX chart. Hilarious

Tue, 06/24/2014 - 17:39 | 4890890 drendebe10
drendebe10's picture

Viewership down???   Geeeeee, that's tooooooooooo  baaaaaaaaaad...... 

Tue, 06/24/2014 - 17:39 | 4890891 drendebe10
drendebe10's picture

Viewership down???   Geeeeee, that's tooooooooooo  baaaaaaaaaad...... 

Tue, 06/24/2014 - 19:28 | 4891266 Rootin' for Putin
Rootin' for Putin's picture

Just cancelled mine last week.  Its odd with no tv for the first time ever.

Tue, 06/24/2014 - 21:31 | 4891655 Ms. Erable
Ms. Erable's picture

Give yourself another 2-3 weeks and you'll begin to wonder why you ever had it in the first place. Even Mrs. Erable - once a tubaholic - is happier without, and can now instantly spot the BS and propaganda when we happen upon public airwave broadcasts.

Tue, 06/24/2014 - 16:37 | 4890652 Pladizow
Pladizow's picture

Had Money with Jim Cramer!

Tue, 06/24/2014 - 16:43 | 4890685 johngaltfla
johngaltfla's picture

Had money? Hell if Cramer was an equity he would be a penny stock; like Radio Shack or some Mexican biotech.

Tue, 06/24/2014 - 16:44 | 4890688 NotApplicable
NotApplicable's picture

BooooooYaaaaaa!

Thu, 06/26/2014 - 22:09 | 4900786 ToNYC
ToNYC's picture

Sad Money lifted booyah from "Jackie Brown" (1997). Pam Greer had more balls than the CrammedUpAmerkan tortiilla monger. Vaya con San Miguel Allende.

Tue, 06/24/2014 - 16:58 | 4890755 frankTHE COIN
frankTHE COIN's picture

Bad Money.

Tue, 06/24/2014 - 16:37 | 4890653 BlackChicken
BlackChicken's picture

"I was curious if I could care about (CNBC) on some fundamental level, and I couldn’t,”

Tue, 06/24/2014 - 16:59 | 4890760 astroloungers
astroloungers's picture

"I was curious if I could care about (CNBC) on some fundamental level, and I couldn’t,”

 

This should be quip of the week......funny shit

Tue, 06/24/2014 - 16:37 | 4890654 Shizzmoney
Shizzmoney's picture

Wait, you mean no one pays attention to a market that only 10% of us participate in?

They better have some more celebrity interviews lined up.  

BTW, I couldn't find a more BIGGER indicator of volume than this.  

Tue, 06/24/2014 - 16:38 | 4890655 Shizzmoney
Shizzmoney's picture

#riggedmarket

Tue, 06/24/2014 - 16:38 | 4890659 the not so migh...
the not so mighty maximiza's picture

it is what happens when you make all your viewers broke.

Tue, 06/24/2014 - 17:26 | 4890856 Freddie
Freddie's picture

Seriously - how retarded must people be to watch his shit?  I stopped watching TV years ago but may see him on youtube gags when he is pimping a stock just before it goes to zero.

I am amazed in those clips where idiots call in saying boo yah and other crap.

Years ago - the people at Schwab said online customers would have buy orders in the second he mentioned any ticker.  Just insane fucktardness from people/sheep.

Tue, 06/24/2014 - 16:38 | 4890661 AccreditedEYE
AccreditedEYE's picture

Today was nothing. Wait till they break out and up into the end of the week. This market's going higher because managers have quarter end coming up... everything has to look pretty. BTFD!

Tue, 06/24/2014 - 16:38 | 4890662 aztrader
aztrader's picture

Without the Fed, CNBS wouldn't exist.   Wall street would be a memory and millions of Americans would still have money and jobs.

Tue, 06/24/2014 - 17:28 | 4890869 Frank N. Beans
Frank N. Beans's picture

actually, it's because of the Fed intervention that nobody needs to watch CNBC anymore.  Everyone 'knows' markets only go up now. 

Tue, 06/24/2014 - 16:39 | 4890668 Fuh Querada
Fuh Querada's picture

Can't be a market bubble yet then, can it, because in that case every money show in town would have millions of viewers and all the Bengali cab drivers would be qouting you Jim Creamer.

Tue, 06/24/2014 - 16:39 | 4890670 Jason T
Jason T's picture

we need another crisis already!

Tue, 06/24/2014 - 16:48 | 4890713 CPL
CPL's picture

A 'lack of crisis' crisis?  I'm sure there's a team working on it right now.

Tue, 06/24/2014 - 17:25 | 4890858 Frank N. Beans
Frank N. Beans's picture

people only care about their money when they're losing it, thus the high ratings in 2000 and 2008. 

Ironically, talking 'up' the markets has turned out to be the achilles heel for cnbc.  They should start rumors to drop the market if they want to regain viewers.  Then rinse and repeat.

Tue, 06/24/2014 - 17:29 | 4890871 Freddie
Freddie's picture

Anyone here remember going out to lunch and even dinner circa 1999.   This shit was on every TV everywhere.  People were watching (spyware infested crap) like CSCO, Lucent, Oracle and others go to the moon.

People had their eyes glued to the TV.   It was bizarre.

Tue, 06/24/2014 - 16:39 | 4890672 supersajin
supersajin's picture

SELL...SELL...SELL

Tue, 06/24/2014 - 16:41 | 4890675 Tenshin Headache
Tenshin Headache's picture

Just think of all the viewership sitting on the sidelines. That's a lot of potential viewers.

Tue, 06/24/2014 - 17:35 | 4890884 Freddie
Freddie's picture

Smart people are unplugging Obam-NOW TV and Hollywood.  Mainly, the sheep still watch.   Conservatives should finally realize that Fox News and Murdoch-Mordeci is all NWO just like the rest.

Tue, 06/24/2014 - 16:42 | 4890676 GrinandBearit
GrinandBearit's picture

The only time I watch these morons is when the market gets clobbered.  It's fun hearing/seeing them cringing, backpedaling and trying to call the bottom.  The last quarter of 2008 and the beginning of 2009 was very entertaining.

Tue, 06/24/2014 - 17:01 | 4890770 buzzsaw99
buzzsaw99's picture

+1 their viewership declined with the VIX

Tue, 06/24/2014 - 16:41 | 4890677 q99x2
q99x2's picture

I can see in the graph where I stopped clicking in the Fall of 2011.

Tue, 06/24/2014 - 16:41 | 4890678 edifice
edifice's picture

Maybe Cramer will have to live in his car, again.

Tue, 06/24/2014 - 16:48 | 4890715 ParkAveFlasher
ParkAveFlasher's picture

Haahaha what an a-hole.  He probably got the day job for some stability in life or to pay off some stock-related debts.  lmao, I hope this sends him to a van down by the river.

Thu, 06/26/2014 - 18:00 | 4899918 MrButtoMcFarty
MrButtoMcFarty's picture

Him and Kernen....blowing old men in the village for meth poppers....

Tue, 06/24/2014 - 16:43 | 4890684 Bosch
Bosch's picture

I like CNBC for the news source, turn it off when Cramer comes on obviously.  Just can't figure out why his bosses think putting him on the air constantly is good business decision.  

Been watching/listening to Fox Business after cheesedick Imus goes off in the morning.  It isn't bad actually, but I'm not looking for hot stock tips from these clowns. 

Tue, 06/24/2014 - 16:56 | 4890740 t0mmyBerg
t0mmyBerg's picture

Agree.  I have turned to Fox during the hour Cramer is on.  Terrible replacement for the Hanes thing. 

But CNBC went off the rails when they bowed down to Immelt who had just finished sucking Obama's..   Anyway, once they let Maddow do the editing it has been downhill.  Only reason I really watch at all is because I like Art Cashin and Santelli, though those are just little bits.  But that is why Fox kind of sucks, aside from their satanic color scheme.  Bad, or really just no, personalities.  Very little energy on Fox and worse music in the intros.  And I cannot stand Deirde Bolton who they picked up from Bloomberg I guess.  There is a black hole of an hour. 

Tue, 06/24/2014 - 17:14 | 4890822 TrustbutVerify
TrustbutVerify's picture

Agreed on Cashn and Santelli...but also the Fast Money Crew. 

Tue, 06/24/2014 - 18:14 | 4891007 Bay of Pigs
Bay of Pigs's picture

Get real. The BlowHorn sucks ass. Those two guys are controlled opposition and nothing more. They would have quit long ago if they really had the balls to call this fraud ridden manipulated shitshow for what it is (like Dylan Ratigan did).

Wed, 06/25/2014 - 09:08 | 4892736 t0mmyBerg
t0mmyBerg's picture

Agree again.  I liked Hot Money when it had real personalities lwith Ratigan as moderator and that crazy bald bastard whose name I forgot who went off the reservation about GM or something.  Jeff something I think, from my home state as the now cheerleading Najarians are or were.  Not so Hot now

Tue, 06/24/2014 - 18:26 | 4891057 Remington IV
Remington IV's picture

Cashin and Santelli are also FULL OF SHIT

Tue, 06/24/2014 - 21:16 | 4891600 SamuelMaverick
SamuelMaverick's picture

Fox should get that hot dish Lauren Lister (?) who was on RT. That was fun to watch ! I think she went to Yahoo business and has disapearred into the Yahoo black hole.

 

                                              Maverick

Wed, 06/25/2014 - 09:10 | 4892743 t0mmyBerg
t0mmyBerg's picture

Well said.

Tue, 06/24/2014 - 18:53 | 4891147 WillyGroper
WillyGroper's picture

" Just can't figure out why his bosses think putting him on the air constantly is good business decision. "

Cuz Cramer's paying them.

Tue, 06/24/2014 - 16:45 | 4890695 ziggy59
ziggy59's picture

I stopped watching Crap, Nothing But Crap years ago...
Only reason its permitted to be on is to advertise stawks and promote separating the fiat from the masses..

Tue, 06/24/2014 - 16:45 | 4890696 wisefool
wisefool's picture

I actually try to catch maria bartriromo on Fox Business when I visit people who can afford cable TV.

Instead of the money honey schtick she did for CNBC, she actually makes sense in a professional way there. like she did for her syndicated/PBS show.

Tue, 06/24/2014 - 18:10 | 4890992 SokPOTUS
SokPOTUS's picture

Yeah, well; when your ass gets as large as the cleaning woman's; you have to separate yourself from the crowd somehow.

Tue, 06/24/2014 - 16:46 | 4890698 pragmatic hobo
pragmatic hobo's picture

fuck you, cramer!

Tue, 06/24/2014 - 16:46 | 4890703 B2u
B2u's picture

CNBC?  I didn't know they still existed.  

Tue, 06/24/2014 - 16:46 | 4890705 MASTER OF UNIVERSE
MASTER OF UNIVERSE's picture

If CNBC can't get Cramer's ratings to climb how is it they seem to be able to get the so-called economy to pick up speed? Frankly,

they should simply fudge their numbers and shill for their markets by telling everyone their Cramer is doing a bang up job and the ratings are through the roof. The Equilibrium Economists never tell the truth and that's how they stay in business. Perhaps CNBC is

looking forward to their chapter 11 like Lehman Bros? The trend line looks like they should pack it in before too much loss.

Tue, 06/24/2014 - 16:48 | 4890710 Salah
Salah's picture

MASSIVE DOUBLE TOP BACK TO 1997

Tue, 06/24/2014 - 16:48 | 4890717 orangegeek
orangegeek's picture

Cramer is a total fucking jackass.  CNBC should sent this asshole packing.

Tue, 06/24/2014 - 16:55 | 4890743 Zeptemberalevin
Zeptemberalevin's picture

he is simply following a script orangegeek. don't be surprised to see him wave his pom poms the same day Ukraine declares war on Russia. just think, if you were being paid millions every year to lie to the sheeple about this "recovery", would you do it? 

 

Tue, 06/24/2014 - 16:49 | 4890721 Seasmoke
Seasmoke's picture

HOUSE OF PAIN. 

Wed, 06/25/2014 - 00:16 | 4892110 Blankenstein
Blankenstein's picture

I almost spat my wine. 

 

http://www.cnbc.com/id/100000942

Tue, 06/24/2014 - 16:50 | 4890725 ENTP
ENTP's picture

Cramer needs to start broadcasting in Dutch.  Supposedly you can find a ton of hidden interest that way.

Tue, 06/24/2014 - 16:51 | 4890728 Critical Path
Critical Path's picture

I'm sure it was the intelligent, albeit (very) small percentage of the 25-54 demographic Cramer captured though

Tue, 06/24/2014 - 16:51 | 4890730 Seasmoke
Seasmoke's picture

YOUR MONEY IS SAFE WITH LEHMAN. 

Tue, 06/24/2014 - 16:50 | 4890731 Zeptemberalevin
Zeptemberalevin's picture

CNBC's cast is made for the sheeple of America. Steve Leisman knows how to move the herd...

Jon Hilsenrath should take over for Jim Cramer 

Tue, 06/24/2014 - 16:58 | 4890757 sbenard
sbenard's picture

Steve Lies-man?

Tue, 06/24/2014 - 16:57 | 4890751 buzzsaw99
buzzsaw99's picture

Ow My Balls! the #1 show on cable television for the third straight year.

Tue, 06/24/2014 - 16:58 | 4890753 sbenard
sbenard's picture

CNBC -- the Obamanomics Channel

I stopped watching 6 years ago. I've invested better ever since!

Tue, 06/24/2014 - 16:58 | 4890754 NoWayJose
NoWayJose's picture

A bit like regular network TV - not worth watching anymore when everything is either a cooking competition show, a reality TV show, a cop or lawyer show, or a dance or sing competition. It's so bad that the TV public is even willing to watch FIFA World Cup soccer!

Tue, 06/24/2014 - 17:02 | 4890761 Lastline
Lastline's picture

I'll watch if Cramer Tasers himself in the nuts.. Then again I doubt he has any.

Tue, 06/24/2014 - 17:23 | 4890851 Karl von Bahnhof
Karl von Bahnhof's picture

Yep, thats good idea :)

If he will announce it well in advance, I might to switch on.

Tue, 06/24/2014 - 17:24 | 4890771 Rainman
Rainman's picture

at least 90% of all teevee is just plain shit .

Tue, 06/24/2014 - 19:18 | 4891041 Colonel Klink
Colonel Klink's picture

How dare you think that Lizzard Lick Towing, Southbeach Tow, Pawn Stars, and all the other REAL TV is shit

/SARC!

Tue, 06/24/2014 - 17:03 | 4890776 daneskold
daneskold's picture

And why do you think Cramer sells Tacos now for a living?

 

bwahahahaha!

Tue, 06/24/2014 - 19:00 | 4891174 WillyGroper
WillyGroper's picture

Cuz he gave a home to every mutt in the pound?

Tue, 06/24/2014 - 17:03 | 4890777 homiegot
homiegot's picture

Cramer...a shyster and a shit eater.

Tue, 06/24/2014 - 17:04 | 4890779 lizzy36
lizzy36's picture

Cramers TV career peaked in the summer of 2007. He should have been retired by 2009. This  what happens when one overstays their welcome.

Fingers crossed he gets disappeared from Cramerica.

Tue, 06/24/2014 - 17:04 | 4890780 Bemused Observer
Bemused Observer's picture

For me, a HUGE turn-off has been that stupid "Secret Lives of the Super Rich". Robin Leach's version years ago was obnoxious too, but we were doing a lot better then. We could afford to indulge the few who took it to the extreme.
This version just seems like they are rubbing our noses right in it.
Bad programming choice for the times.

And I also used to enjoy Rick Santelli's little appearances. They used to light him in a weird way, then he'd grin and he looked just like the Cheshire Cat-you just saw the grin.

Then he went on that rant, with the guy yelling "losers!" in the background, and now he just pisses me off.

All they do now is cheerlead the status quo. They took a step in the right direction, with the American Greed series, and could have decided to do some investigative journalism into the causes of the financial crisis, and they could have been the ones pointing out the failure to indict a single player, they could have decided to be a little more confrontational towards some of their guests when they came out with some real beauts, but they chose to smile and nod and let them go unchallenged.

You know, Cramer isn't the worst of the lot. I think he has become a kind of poster-boy for 2008 because of his comments about Lehman, and the fact that he tends to get attention because of the way he is. But he wasn't the only one saying shit like this. And a lot of those idiots are saying the same shit now.

Tue, 06/24/2014 - 17:06 | 4890790 wmbz
wmbz's picture

Seems to me that even a full blown retard would get sick and tired of that pie faced fool Creamer. Sceaming and yelling the same shit day in and day out. He must be down now to just a few booger eaters now.

Tue, 06/24/2014 - 17:07 | 4890794 GooseShtepping Moron
GooseShtepping Moron's picture

Finance is NOT SUPPOSED to be entertaining. It's supposed to be about crunching a lot of numbers, weighing a lot of facts, gathering a bunch of information, and at the end of the day making a few responsible decisions which are in the best interests of slow, organic growth and stability. In other words, it's supposed to be boring-as-hell brain work done by serious men who know that the fates of thousands rest upon them getting it right, who after work need to go home to a scotch and an aspirin and a back rub from the wife because the job demands their very best efforts.

The idea that finance can be repackaged as infotainment  can only be born in a society that is already seriously out of whack. It can only thrive under artificial bubble conditions and a sort of freewheeling, cynical, materialistic mood that either ignores or accepts with sporting interest the consequences imprudence, moral hazard, and monetary mayhem. It is necessarily true that hucksters like Jim Cramer can have nothing intelligent to say about the state of the real world. Their only role was to tell a lie, to give the appearance of something that isn't really true, viz. that finance is fun, easy, and "for everybody." This obviously cannot be the case, and as soon as people get wise to the lie they vent their anger on the hucksters by (at the very least) tuning them out. The fact that the hucksters really believe all this just makes them that much more pathetic.

The "Boo-yah" will end up in the trash can of history just like we always knew it would, and maybe once the lights are finally out at CNBC a few serious finance-types can be found to resume the necessary operations of modern society.

Tue, 06/24/2014 - 19:39 | 4891302 OnErrorResumeNext
OnErrorResumeNext's picture

Fooking-A-Right. Preach it to the rafters brother.

Tue, 06/24/2014 - 17:11 | 4890797 TrustbutVerify
TrustbutVerify's picture

Recently, I've moved to the Fox Business channel.  It wasn't available here until recently.  Lots of familiar faces.  

CNBC definitely has a more immediate feel but I'm less and less finding it a requirement.  If we had a crash I'd probably tune in and if it was a real and cleansing crash I'd probably go back for a while.  

The FoxBusiness' feeling of distance from the exchange floor makes me pine a bit for Bob Pisani and Rick Santelli.  I wish they'd make the switch to Fox.  

A Kudlow Show would fit well.  

And I'm hoping the fiscal rationalists; Kyle Bass, and the likes, will show up on Fox.  

Tue, 06/24/2014 - 17:18 | 4890834 Colonel Klink
Colonel Klink's picture

Cud low, same rechewed offal as Scammer.  Both are CNBC tools, with Rachel Madcow as the box.

Tue, 06/24/2014 - 17:10 | 4890799 homiegot
homiegot's picture

Notice the overall CNBC audience viewship climbs during the two run-ups to market peaks, then nosedives off a cliff right after the crashes.

Tue, 06/24/2014 - 17:09 | 4890801 ghostzapper
ghostzapper's picture

Very sad that on this past Friday in the land of the free as many as 2,000 humans had nothing better to do than watch that monkeynuts say booyahhh while itching the Bear Stearns skid marks still present inside his boxers.  

Tue, 06/24/2014 - 17:10 | 4890806 Karl von Bahnhof
Karl von Bahnhof's picture

Lost Money
With Jim Cramer.

Tue, 06/24/2014 - 17:13 | 4890811 Colonel Klink
Colonel Klink's picture

Crammer (sic) the scammer, another Goldman ballsachs acolyte.

Tue, 06/24/2014 - 17:13 | 4890816 TicoTiger
TicoTiger's picture

They need to bring back "As The World Turns."

Or was that shown on CBS?

Doesn't matter. All television is filled with the same shit.

Tue, 06/24/2014 - 17:17 | 4890829 Yen Cross
Yen Cross's picture

  Cramer only had 2k viewers last Friday. lulz

 Jimmy Cramer has a great future ahead of him as the next "Shamwow Guy"...

Tue, 06/24/2014 - 17:20 | 4890839 SokPOTUS
SokPOTUS's picture

Didn't Sham-Wow Guy go to prison?  Maybe they can bunk.

Tue, 06/24/2014 - 18:06 | 4890864 Colonel Klink
Colonel Klink's picture

Nope he was never charged, only arrested.  Apparently the hooker didn't love his nuts.

Another Jew who beat the rap.  Helluva huckster as many seem to be.

Born Offer Shlomi[1][2]
April 25, 1964 (age 50)
Beersheba, Israel

http://gawker.com/5187540/shamwow-guy-beats-up-cannibal-hooker

http://www.nydailynews.com/news/national/shamwow-salesman-cleaning-act-a...

EDIT:  Yep, just downvote the facts.  Feel free to keep your head buried in the sand.

Tue, 06/24/2014 - 19:20 | 4891237 WillyGroper
WillyGroper's picture

Best laugh of the day Klink.

Tue, 06/24/2014 - 17:23 | 4890840 Colonel Klink
Colonel Klink's picture

What are you talking about, he already is the SCAMwow guy.  He'd have to grow a conscience to step up to selling something as legit as TV gadgets.  At least they're useful tools, whereas he's useless in my book.

Tue, 06/24/2014 - 17:17 | 4890832 IridiumRebel
IridiumRebel's picture

I hope the entire shit sandwich of broadcasting that is NBC fucking dies. 

Tue, 06/24/2014 - 17:19 | 4890836 SokPOTUS
SokPOTUS's picture

Becky's getting old.  Last reason to watch is fading fast.

Tue, 06/24/2014 - 19:23 | 4891247 WillyGroper
WillyGroper's picture

Whatsa matta? 

Her & Guy Adami's oscillating eyebrows not working for ya?

LOL

Tue, 06/24/2014 - 21:21 | 4891623 insanelysane
insanelysane's picture

They picked up Sara Eisen but she must have been shipped to siberia to cover the big melt.

Tue, 06/24/2014 - 17:20 | 4890838 Karl von Bahnhof
Karl von Bahnhof's picture

I am bloody surprised, given that ATHs on all indexes.

Or, might be the reason that central banks dont watch CNBC?

Tue, 06/24/2014 - 17:21 | 4890844 SokPOTUS
SokPOTUS's picture

I don't know; but I do know that Algos don't watch TV.  They're the only one's left trading.

Tue, 06/24/2014 - 17:44 | 4890901 youngman
youngman's picture

exactly..they love the liquidity the algos bring...so they say...lol....just no humans anymore...its just the Feds now and the corporations buying their own stock back..

Wed, 06/25/2014 - 01:50 | 4892222 StychoKiller
StychoKiller's picture

The 'Droids could be watching the toob, but they don't answer the fonez when Neilsen calls!

Tue, 06/24/2014 - 17:22 | 4890847 studfinder
studfinder's picture

Cramer isn't qualified to work at Subway.

Tue, 06/24/2014 - 17:28 | 4890868 zipit
zipit's picture

Maybe cleaning the toilets with his tongue.

Tue, 06/24/2014 - 17:29 | 4890870 zipit
zipit's picture

The viewership chart needs a down chart overlay, please.  Thks.

Tue, 06/24/2014 - 17:34 | 4890880 RaceToTheBottom
RaceToTheBottom's picture

Does this mean that eventually the FED will fail and gold will take its rightful place and value?

Tue, 06/24/2014 - 17:35 | 4890885 ptoemmes
ptoemmes's picture

BSPV = Bull Shit Per Viewer is hockey sticking to infinity.

Tue, 06/24/2014 - 17:37 | 4890886 Eyeroller
Eyeroller's picture

CNBC viewership corresponds to the VIX!

People complacent so stop watching...

Somebody do a layover chart!

Nyuk, nyuk, nyuk...

Tue, 06/24/2014 - 17:45 | 4890905 Metalhead
Metalhead's picture

Im getting down voted but...

Record Viewers after the dotcom burst and after the 2008 crisis... now it's record low, so it means everything is great!!! the FED was Right all allong!!

 

/sarcasm

Tue, 06/24/2014 - 17:46 | 4890908 koaj
koaj's picture

i can put my 6 year olds behind a desk for an hour and get more than 2000 viewers

Wed, 06/25/2014 - 01:52 | 4892223 StychoKiller
StychoKiller's picture

Do they like Gladiator movies?

Tue, 06/24/2014 - 17:57 | 4890946 MeelionDollerBogus
MeelionDollerBogus's picture

So, basically, all the footage needed to make the next "Peter Schiff was right" video is in & now interest has dropped to zero and will shift to Youtube.

Tue, 06/24/2014 - 19:27 | 4890947 MeelionDollerBogus
MeelionDollerBogus's picture

http://www.youtu.be/BiXIs3bbETA All the best financial reporting is on CTV!

Tue, 06/24/2014 - 18:00 | 4890958 the american way
the american way's picture

Could use this good news.  Didn't know that Kudlow was cancelled, so that's an added bonus. 

Tue, 06/24/2014 - 18:13 | 4891001 SokPOTUS
SokPOTUS's picture

Apparently everyone took his advice:  Stop Trading with Jim Cramer.

Tue, 06/24/2014 - 18:20 | 4891037 bardot63
bardot63's picture

This is such a demoralizing development.  I truly hope Comcast doesn't drop this broadcast industry jewel.  For years I've turned to CNBC just to confirm which outrageous lies are currently being pushed by the Fed, the WH, Wall Street, the IMF, the ECB. --on any subject you want, from bonds, bubbles, housing, economic recovery, international and current events to unemployment, inflation, QE and of course, gold.    You also get a perfect read from the guest list of nobody-guys-with-ties, while phasing out or cutting short the Jim Grant's and the Mark Faber's when they stray from the scripted agenda.  Haven't seen Jim Rickards on CNBC for a couple of years now.   The anchors still hanging on to their over-stuffed paychecks happily spread their cheeks for Buffet and other Obama/statist mouthpieces, making CNBC the perfect vehicle to spot the current economic Lie Of The Day.   It's the one source you can count on to confirm truth, since every syllable CNBC utters is without any doubt a filthy pile of lying horsefuck scam.  The one exception is Santelli, the token moral intellectual, and it's a mystery why he is still there--perhaps his role is to highlight Liesman as pure entertainment.  Andy Sorkin was hired because Saul Aulinksy was unavailable, and a written transcript of any thirty seconds uttered by hapless Joe Kernan confrims early dementia.   B. Quick is a puppet show, and I envision more on-camera leg and shorter skirts in her broadcasting future.  Add a couple more Brit streetwalkers in fishnet and 4 inch spikes and the reality-programming possibilities are endless, if only Comcast will hang on a little longer.  As NBC's dead Golden Girl Jessica Savitch famously remarked, Who do I have to fuck to get out of here?

Tue, 06/24/2014 - 18:24 | 4891048 Remington IV
Remington IV's picture

Seinfeld's still on ?!?!?!?!?

Tue, 06/24/2014 - 18:24 | 4891051 GrinandBearit
GrinandBearit's picture

Ever see Michelle-Caruso-Caberra lately?  She used to look great, but now she look battered and old... too many trips back and forth to Europe I guess.  I think she had her fake tits removed as well.

Tue, 06/24/2014 - 19:28 | 4891267 WillyGroper
WillyGroper's picture

When were your eyes checked last?

MCC looks like SeaBiscuit.

Tue, 06/24/2014 - 18:28 | 4891064 pakled
pakled's picture

I can honestly say that the crappy condition my portfolio is in has nothing to do with the incredible, undeniable, reprehensible, godawful, crappy "advice" that has come out of the man's fouls looking face.

 

See @Say What Again... people are waking up!

(great handle btw)

Tue, 06/24/2014 - 18:50 | 4891119 highwaytoserfdom
highwaytoserfdom's picture

Could you put the chart up in candlesticks?  Bearish Engulfing Patterns dropping faster than 911 free fall..  Oh wait I can't short Cramer only hegemonyOf  course the big short will be paid in inflated paper and no chance for conversion to physical.  Boo ya  instantly qualifies for a putz tattoo on forehead.. another reality show.

Tue, 06/24/2014 - 18:56 | 4891156 Andy Lewis
Andy Lewis's picture

What is this "CNBC" of which you speak?

Tue, 06/24/2014 - 20:13 | 4891393 kchrisc
kchrisc's picture

Crap Nonsense Baloney Claptrap

 

"As Seen On TV."

Wed, 06/25/2014 - 18:53 | 4895611 nodhannum
nodhannum's picture

Clearly Nothing But Commies...how's that.

Tue, 06/24/2014 - 19:13 | 4891210 gdpetti
gdpetti's picture

Not the same since Mark Haines died...RIP.

Tue, 06/24/2014 - 19:14 | 4891218 Bunga Bunga
Bunga Bunga's picture

Filthy Cramer will even promote Bitcoin to save himself.

Tue, 06/24/2014 - 20:09 | 4891382 kchrisc
kchrisc's picture

Looks like many more have discovered their own pursuit of truth online is more worthwhile than the ALWAYS outright lies from the complicit media.

 

“My guillotine is a cut above in the truth department.”

Tue, 06/24/2014 - 20:16 | 4891400 Againstthelie
Againstthelie's picture

First the information monopoly of high finance has been broken. Now the net is killing their media outlets. Don't say everything is getting worse!

The fucking most uninteresting ZH article has more READERS than Cramer has sleeping viewers? ROFL.

Tue, 06/24/2014 - 20:45 | 4891501 pachanguero
pachanguero's picture

After the revolution is Jim on the short list to be hanged for his pump and dump crimes for Goldman Sacks or does he get a cell with Blankfield?

Tue, 06/24/2014 - 21:29 | 4891648 f16hoser
f16hoser's picture

Who the hell is cramer?

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