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Is Central Planning About To Cost The Jobs Of Your Favorite CNBC Anchors?
Something funny happened when last August CNBC hired access journalist extraordinaire Andrew Sorkin to spiff up its 6-9 am block also known as Squawk Box: nothing. At least, nothing from a secular viewership basis, because while the block saw a brief pick up in viewership driven by the concurrent (first of many) US debt ceiling crisis and rating downgrade, it has been a downhill slide ever since. In fact, as the chart below shows, the Nielsen rating for the show's core 25-54 demo just slid to multi-year lows. And as NY Daily News, the seemingly ceaseless slide has forced CNBC to start panicking: "CNBC insiders tell us executives at the cable business channel are “freaking out” because viewership levels are down essentially across-the-board, particularly with its marquee shows, “Squawk Box” and “Closing Bell." “Their biggest attractions have become their biggest losers,” says one TV industry insider familiar with the cable channel’s numbers. According to Nielsen ratings obtained by Gatecrasher, from April 2011 to April 2012, “Squawk Box” is down 16 percent in total viewers and 29 percent in the important 25-54 demographic bracket that advertisers buy." Yet is it really fair to blame the slide of the morning block's show on just one man?
As a reminder, Sorkin was never the type of personality that CNBC needed: his background was one always best suited to a print medium, where he would be (ab)used by bigger financial interests (at a far slower paced news cycle) who would leak information to him when the time was right. No understanding of the big, or little, picture was required (and none was ever imputed): merely continued "access" (think Wall Street and Blue Horseshoe) which could be gained in exchange for promises of amicable 'profiles' in the occasional infinitely biased non-fiction book. As such, anyone who truly penned their hopes of a rating reincarnation on an access journalist likely needs to be fired. He was not the flamboyant, blonde, mini skirt-clad, eye candy that the bulk of traders who watch the morning block, most of them on mute, are looking for.
Yet the collapse in CNBC ratings goes to a deeper issue.
Because while the cyclical shifts in CNBC viewership are macro event driven, the unmistakable secular decline indicates that just like loss of faith in capital markets by retail investors (last week the ICI reported the biggest weekly outflow from US equity markets in 2012), manifesting itself in a crippling collapse in trading volumes, which in turn is forcing banks to fire traders and salespeople left and right, secondary derivatives of this phenomenon are impacting the financial media, just like CNBC.
But the biggest irony is that it is precisely the same central planning cheerleading that one hears on CNBC day in and day out (look no further than Bob Pisani and Steve Liesman) which is the silver bullet that has been fired right at the head of the Comcast/GE-owned financial station. Because as Artemis Capital showed previously, equity vol collapses whenever the Fed is busy intervening and manipulating the capital markets. This in turn kills the speculative mania that drives an interest toward stocks, and the only entities that can trade in this type of vol vacuum are the appropriately named vacuum tubes: as Zero Hedge first showed three weeks ago, the percentage of electronic trading in markets is now nearly 90%. But this, and everything else, is merely a symptom of one underlying cause: endless central planning intervention by central bankers who now have sole control over the stock market. Who in their right mind would want to participate? And yet this new normal "vol to zero" regime is precisely what CNBC is cheering day in and day out.
One wonders: does CNBC grasp that it is cheering for its own demise? We doubt they are that stupid: they must. So then the real question is: whereas Zero Hedge at least is openly against central planning and is demanding a return to normalcy, yet we realize that this will not happen until after a systemic crash so vast that the status quo is wiped out and a fresh start is mandated, is CNBC not the ultimate agent provocateur: on one hand egging on the failed status quo regime (we all know who their main sponsors and advertisers are), and on the other praying and hoping quietly each and every day for a market collapse which will at least return some of their viewers?
Because just like markets are worthless without participants, so CNBC without viewers is a whole lot of ads with nobody caring about opening a Lind Waldock account (sorry, too soon?). And a victory for the bulls is no victory if no bulls are watching.
Yet just like with dying capital markets whose symptom is being misdiagnosed by regulators day after day, so CNBC will likely blame the collapse of its Squawk Box ratings on the wrong guy, until finally Sorkin is fired. But sadly, for all the wrong reasons.
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That insanely bad euroaccent voice they use to announce the close of european markets makes be want to kill kittens
If they would start reporting the truth, they might get their ratings up.
pretty soon their ratings will go down to 2. Krugman and MDB
Fire Joe Kernen now. He is just another self-centered, mean spirited Republican apologist who doesn't have a single objective thought in his entire head.
CNBC is owned by GE
GE HQ building is called Rockefeller Plaza
Rockefeller behind the curtain says he doesn't like your face,
you are done as an anchor .
Also CNN is tanking
http://www.deadline.com/2012/05/cnn-has-its-lowest-rated-month-in-more-t...
The crime reality show angle gets old after a while and I don’t need to see the same old fraud repackaged day after day.
I stopped watching COPS a long time ago, too.
Some of my neo-con golf buddies (note golf buddies, period, stop, EOC...) confuse Information (a la ZH) with Affirmation (a la CNBS, WSJ, etc.) while some of my crazier than loonie bird uber-liberal (California and they get no fucking crazier) golf buds likewise confuse MSNBC and the NYT with Information.
All about insecurities needing reinforcement.
They all desperately need a serious 12 step program to figure out who they really are in the world as it truly exists, but are afraid to wake the fuck up.
As has been said, Ignorance is Bliss
Isn't it ironic.
Don't you think.
Due to rising healthcare costs, 12 step programs will be shortened to 6 steps. If a person drinks heavily enough, they can see double. Healthcare in a bottle.
That's good funny stuff right there.
What is needed by CNBC is some good, old fashioned (early 90's) style, high profile bankster perp walks ala Charles Keating and Ivan Boesky. The ratings would go through the roof.
I can envision it now. Jamie and Lloyd in cuffs, shackles wrapped around their Spencer Hart suits, being led upstairs to the federal courthouse for the arraignment hearing.
For ironic affect, CNBC can have "Foreclosure of a Dream" by Megadeath playing in the background while they slo-mo the perp walk.
Ahh...One can dream!
No, no, no, what CNBC needs is a good, old-fashioned sex tape with Becky Quick or one of the other money-honeys to drive up viewership.
“Squawk Box” and “Closing Bell." “Their biggest attractions have become their biggest losers,”.
Such is the life of a corpoRAT propagandist....(sigh)....so ephemeral.
Someone downriver said "if CNBC start to analyse what is really going on (i.e. start calling bullshit) , they might have a chance at turning it around."
I think the execs can NOT, and would NEVER bother to sully their propaganda with the Truth.... They are freaking out because sheep are walking out of the paddock....
Sorkin is so badly hoping to follow in the steps of Steven Rattner, it makes me sick.
If they throw Sorkin on the street (publicly) and replace with Rick Santelli.....and let him speak his mind......then it would level off. If Ron Paul does win the nomination.....then offer him a spot!!
Deep... Like a dixie cup, go unionize your shop..
One of the unexpected consequences of getting sober: I woke the fuck up and saw reality, and most days I feel like I know my place in it.
Not trying to cause trouble here, but old knukles there (who I believe is several drinks in now) does not
believe you golfed a 74 !!!
LMAO You funny, Hulk. But that 74 was serious, best game of the year for me. Looking to beat it tomorrow, then get home and find that my NFLX puts have doubled. I'm not asking for much, am I?
Keep rollin dem bones WD, the gods be wit you this week !!!
How do u do off the mini golf coarse? <shame faced>
Agreed, I see this alot myself. All people want from the "news" seems to be variations on what they want to hear.
That anyone watches NBC, Fox, or any network and takes them seriously is a continual source of both amazement to me and friction between myself and people I know.
Unfortunately grabbing them by the ears and screaming "WAKE UP"! isnt likely to be very effective, so I find myself just mocking them alot.
Ever since I found ZH I watch a lot less of the feces mentioned above. Prob goes the same for a lot of people
best part of COPS was the sound track.
I watched COPS re-reuns for years just to see the dumb fuck with the mullett get Tazered in the nads again.
algos
dont
watch
tv.
or do they?
Average 25-53 demographic to CNBS:
"I hate this place. This zoo. This prison. This reality, whatever you want to call it, I can't stand it any longer. It's the smell, if there is such a thing. I feel saturated by it. I can taste your stink and every time I do, I fear that I've somehow been infected by it".
CNBC should use the Bloomberg strategy and hire a bunch of super sexy women.
BLOOMBERG HAS WAY TOO MANY BEAUTIFUL WOMEN.
Or they could tap FuxBusiness for some of their toothsome blondes.
Maria Barteromo is no longer a babe: http://img3806.imagevenue.com/images/loc578/48112_Maria_Bartiromo_cleava...
Time to sit on the couch, eat some chips and curse the world.
curse you! now stop before you show any pics of Becky Quick
Looks like Maria has 2 'anchors' to cast around there...
Id still punch her in the pants.
Thems some really flacid milk bags right there...
TD's tagline has quite the oxymoron: Favorite CNBC's anchors.......
Last time I checked, Mark Haines is dead.........
I did some research about this topic, and I found their viewers might have moved on to a little thing called the "Internet." Cable is very 20th century, it's hard to compete against such (natural) selection. My one hope is that Jim Cramer gets to move back into a cardboard box, and he can hype what dumpster will have a pizza box with some cheese still in it, then jump in and fight the rats. If the Lord answers my prayers, I'll see him on bum fights.
I started watching with the sound off a year ago, but now I don't even bother turning CNBC on. It's the same thing every day. SP500 up, gold bashing, and the economy is growing again (and there's no inflation either).
The Germans used to have two cable channels devoted to financial news, N-TV and N24. After the stock markets imploded and raped the public in such a horribly unlubricated way, viewership tanked to insolvency levels. Result was both networks now do conventional news with a few minutes of talking heads on the DAX floor to keep their access cards valid, and the rest of the day is rammed full of sensational documentaries of comets slamming into the earth, post Carrington Effect results on modern societys, and alien invasions. They advertise a lot of consumer products again and are still around, so somebody saw the writing on the walls and actually read what they saw.
I remember tne N-TV anchor in the mornings was pretty hot.
CNN does too much war maching propaganda for my taste.
My kids grab the remote and change it from cnbc to the Disney channel. I usually dont care cause I'm reading ZH .
Check your facts. CNBC used to be owned by GE.
The Ron Paul crew completely stopped watching cable TV news about 3 months ago when they stopped covering him totally and that's when their ratings crashed.
I just had to comment on that most excellent observation! It is TRUE though I hadn't realized it until you said it... Some days? We don't even turn the television on. And it IS because of the total absence of Ron Paul coverage. It was so OBVIOUS!
Epic Fail aldous
You missed your oppurtunity to bash Sorkin for being a Yid
51:49 split. GE still has a huge stake.
Jewtube is no longer relevant in peoples lives. We get our unfiltered news from the internets now.
Jewtube, baahhhhaaaaaaa!
Kernan (The Frog hater) is such an insufferable and arrogant prick I can;t bring myself ever to watch. But CNBC's problems are much bigger. If they stop performing the role of Wall Street's butt licker and start to analyse what is really going on, they might have a chance at turning it around. Also, why don't they put it on the net like Bloomberg?
Everybody hopefully has at least one redeeming value and Kernan dislikes the French.
QED
Fuck the Mona Lisa.
And the French support for the American Revolution.
Vive La Knuklesdouche.
Mona Lisa was painted in Florence and not by a Frenchman, leonardo de sarkozy Mitterand, nope.. The French backed the us in the revolutionary war becasue they hated / feared the British not because they loved us.. Nations don't have friends they have interests...
Burned another strawman, yeah global warming heating up..
Dont confuse him with reality, he is all sophisticated and stuff.
If it weren't for the French, you'd be speaking with a British accent, sonny.
If it weren't for the British, we would all be speaking Gaelic. Cheerio old Pip
New Yorkers love frogs.
Frogs devour bed bugs.
Kernan knows that the game is over for the Dumpocraps as the bills are comming due for the unsustainable spending for votes. If you consider him arrogant because he is correct, then it is you who will have major adjustments on the way. Liesman will share with you, for sure.
You say republican as if it is a dirty word and you believe there is a difference between republican and democrat. You've been duped.
Joe Kernan licks corporate ass, and in furtherance of this activity repeats GOP talking points ad naseum.
He is unwatchable frat boy, whose only real purpose is to put on knee pads, everytime jack welch's name is mentioned.
The first person i would fire if i was a cnbc producer would be Joe Kernan. Second would be Bob Pisani.
Thank you Lizzy.
May Joe have another.
The first person I would fire is that stupid piece of shit with the waxed unibrow Sorkin. Talk about a shill for Big Brother big government. Every time he talks I wish someone would punch him right in the mouth.
2nd would be Liesman. For the same reasons!
Cramer turns super-perma-bullish and spouting things like, "Everyone gets long and nobody gets hurt." Like magic, we never hear another word about the SEC's investigation of Cramer's company, The Street.com. Coincidence? I think not.
Now, even my pre-teen kid knows CNBC is complete sell-side horse shit.
The target audience seems to be the advertisers (bankers) and their insecurity complexes, not the advertisers' customers. This never works.
yep, my HS junior watched Cramer one morning and said, "what an idiot...what moron would buy stocks based on what he said?"
man, I love my boy...oh, and his hobby?...collecting old silver coins. ZH's future is alive and well folks.
I havent watched since Macke's epic flame out.
http://www.youtube.com/watch?v=79HLnTPxMho
CNBS couldnt bring itself to bash the bailout of either the banks or GM and showed its true colors as a network run by whores
Your giving whores a bad name, they at least work for the money. I watched CNBC, and not one of the female anchors would give me a blowjob.
What about Sue HogRerra? She wouldn't go down?
Yes, that and the addition of the Asian chic was it for me.
This looks like the same chart as the dollar's purchasing power and Obama's ratings.
Yeah, Bring in the MDB. Ha, good one Comay Mierda.... May as well put all the crappy want to be's on there, drive that useless bulls#%t CNBC in the ground. Sucks to think I used to watch that lying crap.
Hell, just get rid of the CNBC network, one less channel to try and skip over.
Laura Diaz is one of the leading Hispanic television personalities in the nation and a fourteen-time Emmy Award winner. In addition, Diaz has won numerous other honors from industry, community and civic organizations, including several that have recognized her as a pioneer and a role model for young women. Thanks a lot. Regards,
LAURA DIAZ
What's next, a financial reality show? Perhaps they could have a Survivor Financial where everyone tries to line up to get bailed out by Gubmint money. Or maybe they could drop Cramer, Sorkin, Liesman, those stupid traders, Buffett and his mistress on the morning show, and that stupid English guy on an island and just leave them there. Well, maybe check back in a couple of years and see how they are doing. Oh, and have those two hot chicks stand by the big boards in bikinis, not miniskirts. I'd watch that.
Charles Biderman interviewed on FSN remarks “how totally ignorant the media is when it comes to reporting economic numbers put out by the US government” and something to the effect that financial news people are J school types that couldn’t make it as investigative journalists and are there simply to read and rehash what is put out by the sources.
Worth listening to:
http://www.netcastdaily.com/broadcast/fsn2012-0426-1.mp3
.
Ironically, such a ratings boost would coincide with their sponsors bailing, for the very same reason.
The truth? …. The truth is they all lie THAT is the truth.
If you really want to punish this lying scum media then every single one of you need to man up and cancel your cable. Hit them where it hurts - the wallet. You can do it. You don't need sports or any other excuse. Put your money where your mouth is and act now.
I cancelled my cabel TV last August. Don't miss TV one bit.
I listen to Bloomberg on XM. And watch the occasional video on the net. Bloomberg has some hot chicks. I wanna fuck Vonnie Quinn. I love that Irish accent. :)
Carolyn Hyde. Huge zoomers and a degree from Oxford. Then Angie Lau...I hear it's sideways down there...
Hmm 'If they would start reporting the truth, they might get their ratings up.'
Or maybe they'll get sued by the SEC or maybe even get that secret tour of Gitmo they've been hoping for.
The sheeple in the old Soviet Union had a saying about they the quality of reporting from their MSM news
Ne izvestia v Izvestia
i ne pravda v Pravda
There is no news in The News
and there is no truth in The Truth
and their only sponsor would be Egan-Jones.
That means they would actually have to do work
and Cramer is the best i mean here is a guy who doesn't need to work anymore but he's such a psycho path for attention he needs to be front and center whether acting as a clown at night or diivling his bs during the morning
What are you guys talking about, CNBC has a stellar reputation for fair and open minded economic thinking. Cramer is a paragon of trading whose skill is virtually unrivaled . Liesman has a deep understanding of the economy second only to myself. I for one watch CNBC all day inbetween my enlightened blog posts and naps.
You're good krugman, real good. Your skills are on par with MDB. Come on M, you got to answer Krugs with a little of your poetry. Sing us a song
How about Ron Paul?
I always thought Psani was the stupidest guy on TV. I was/am convinced that the "floor" sees him coming and makes shit up then laughs when he repeats on the air..."The traders are telling me...I'm an idiot...wait I mean they are waiting for the Fed meeting to end". The only intelligent one, although a far right ultra conservative, was Erin Burnett. she is rather cute too. Now has her on show on CNN or Fox I forget.
Wait, take that back. Dylan Ratifan was good too, he got a little crazy calling out the system though. - I knew he was gonna be gone after some of those awesome rants. Dylan's all right by me. He is somewhere else now as well I think. More and more people avoid the news because it is terrible and the Internet is much better (or worse) source. This is a trend that won't slow down for ANY of the MSM on TV. Media is the thing most diluted by the Internet sine there are so many choices. Fox got it partially right by turning news into entertainment via the creative process even though many viewers think it is news.
Let's face it, there r only a couple personalities that have any integrity in terms of the anchors, they are baffoons. There are no Walter Cronkites anymore, instead we get peckerheads like Bill O'Reilly! Fortunately we can decide not to watch it and I do, like most ZHers I suspect.
Ratfan was one of Geo Wash's heroes. The dumb butt kept promoting the idea that the Macondo well had jacked the 15,000 ft of pipe out of the hole and the real leaking wellhead was miles away from the well location. What was being shown on TV was actually filmed in a studio. Ratfan kept it up for weeks and weeks. Certainly there were people who explained the obvious error to him. He was too arrogant and stupid to even try to understand. The rest of his "reporting" on conspiracy theories deserve the same regard as his Macondo hot news.
ratigans at msnbc at 4pm
Dear Paulie baby, all those red downarrow voters need to get a life and quit being jealous of the big fat shiny size of your Nobel prize. You love to stroke it on & off all day don't you!
Seeing you here on Zero Hedge makes me know that we really have made the big time, and all that's left to hope for is a regular spot on CNBC for Tyler. You are the poster boy for how economics is a real true science, and not clown school at all for fat kids who can't get laid. Zero Hedgers just mad that they don't get CNBC saying "Nobel Laureate" before their names. They wish they was Brilliant like you and Obama.
Don't be discouraged by the nattering nabobs of negativity, Paul. Your blog brings a smile to my face and a big laugh to my belly every time I see it, and it's great for my daily binge-&-purge diet too. Did I mention how awesomely sexy grey trimmed little beards and patched elbows are? To women everywhere, I'm serious. Your fat little ivyleague face makes me want to pinch those thick cheeks of yours real hard.
I marked you UP, baby.
Love & big sloppy kisses -
ReniRoo
ZeroHedge - Yes folks, you'll come for the articles, but you'll stay for the comments...
Gotta love ZH.
I've not watched CNBC since the Bush II Administration. I can't stand it.
Although at the gym they have it on one of the teevees constantly and Michele Caruso-Cabrera - almost always - wearing a plunging neckline. Those are some AAA rated tits.
Sue Herera is still being sold about 5 years past her sell-by date.
Other than that, I hate it.
I think the retail guy and gal have wised up. There is no catalyst for the Dow to trade at these highs and they don't trust the government. I said it before and I said it again, O is going to manufacture a (financial ?) crisis so that he can justify jumping the election queue.
Agreed on the retail well drying up, and that is nearly the entire cnbs audience.
MCC is a horse face,with giant tits. She should tit slap Sorkin in his glass eye.
Only retards who support hope & change TV/corporate media/Kenyan putch still watch TV. Morons sleepwalking to the f***ing TSA gulags in HD. Keep watching idiots.
Who are you talking to? Do you know what website you are on idiot?
Trying to pin the decline on the few libs on the shows is missing the mark. "Trump Tueday" and other stupidities make CNBC unwatchable. Trying to out do FOX on twisting the news is not a good path for NBC. Hard to feel sorry for the KOCH brothers.
The more ons at Crap, Nothing But Crap are surprised?? I'm surprised it took 10 years for the light to come on..especially since GE brings so many good things to life..
Should be CShil not cnbc
baby boomers are switching to bonds.. They are not going to watch CNBC no matter who is hosting.
The CNBC model is broken. When investors switch to bond they don't need to tune in to see whether their investment is up or down, like a slot machine.
Who gives a shit what the baby boomers are doing.
The baby boomers and all those who want to separate them from their $$
We boomers don't need stocks or bonds. We got our Social and Medicare, thank you very much, kids!
The baby boomers that switch to bond funds will all suffer heart attacks when they read their monthly statements after rates shoot up.
So, we should invest in health care stocks?
Better still, be the beneficiary on a life insurance policy. Tax free!
Dude, you're posting on ZeroHedge. You know what you should be investing in.
he's from jekyll island... he's a fractional reservist (aka ~ 'we'll hold your money & return only a fraction when you ask for it back')...
@h_h.
Agreed. That's why it makes more sense to buy bonds themselves, buy many folks do not understand the difference. It's actually one of the few places that mark to market accounting still applies!!
Want to know what "many folks" do not understand?
This...
Portfolio A Portfolio B
Year 1 +7% +15%
Year 2 +7% +15%
Year 3 +7% +15%
Year 4 +7% - 15%
_____________________________________
After 4 years, which portfolio did better?
Hint: Beta kills
Nevertheless, bond sales' commissions are for shit, so equities will always be the darling
It was my understanding that there would be no math.
You didn't bring your calculator? You are totally screwed!!!
I will take pity on the stupid and the drunk. Portfolio A does better. You will NEVER see that on CNBC.
It gets harder, not easier, to sell a loser. Just one of the reasons I never hold a loss past 10%.
Opportunity cost is another. You can switch to a (hopefully) faster horse in the middle of the race.
The results you present are what made Bernie Madoff so popular.
Finding the sure thing returning that 7% in a down 15% market is the trick. Bernie had the solution, for a while.
Didn't give his play book to Bernanke?
Portfolio A did better, BUT the results are quite close, 31% vs 29% overall gain - and either one far better than an account at MF Global.
Just the TIPS baby, I promise........
How will rates shoot up? They were flat near 0 for nearly 20 years during the first Great Depression. Treasury bonds that is.
If rates begin to rise, stocks will magically fall to create a "safety" bid.
If that doesn't work, every ask will get hit by a mysterious bidder with infinite capital.
So, your reasoning for buying bond funds instead of bonds you can hold to maturity is because you trust that Bernanke has your back with Infinite QE and ZIRP-4-EVA, plus you just like paying management fees?
Got it.
Check please!
Nothing like the full faith and credit of the good ol U.S of A
I'm surprised they aren't blaming the weather...
low ratings have nothing to do with Sorkin, and a lot to do with ZeroHedge where we can get REAL news
And now we meet in an abandoned studio
we hear the playback and it seems so long ago
and you remember the jingle used to go
Zero Hedge killed the money honey gig
Zero Hedge killed the money honey gig
Tyler came and broke their heart
He's country wide he's gone too far
So true, so sad.....I can't wait for the colapse. I'm like a kid waiting for Santa!
...doing GOD's work...GS-DickinDaMuppets
Santelli Bitchez!
Santelli was the only reason I used to watch CNBC, and maybe Mark Haines R.I.P..
He who tells the truth will be able to have a job when all hell breaks loose, the others will be spit upon.
the 24 hour infomercial for the TBTF and the TPTB will be bailed out no matter how low the ratings go!
BTW did anyone catch Bam Bam from the Poppy fields? I missed it feel asleep during Deadliest Catch....
Nobody wants to advertise to the algos watching. One just needs to read the comments in the CNBC blog to realize that nobody believes them.
R.I.P Mark Heines
Thanks TD. This article just made my evening.
BTW, The ratings are transitory. ;)
The drop off simply reflects the fact the small retail investor who was formerly dumb enough (like me) to follow CNBC, has wised up. Now, it's like playing Russian roulette every day. Is there a FED bullet in the equity gun, and if so, when is it going to strike? Or like in Deer Hunter, the only solution is too load all the chambers so that the odds of actually having a FED round in the chamberare so high so that you can be sure to win in a contrarian wager.
Hubbs
Spot on. They're too stupid to realise that they're killing the very thing they're trying to keep going.
DavidC
Andrew Ross Sorkin has been shown as a know nothing disaster. He is simply clumsey in interviews and persists in promoting nutty Obamacon economics. His hiring demonstrates that the suits in control of CNBC still believe that Barney Frank was a financial genius. I thought the squawking turkey Dennis Kneale was the lowest form of "talent" to ever make the airwaves. Sorkin is many levels below even Kneale in brainless analysis.
+1
What ever happened to Dennis Kneale?
Was he stuffed up a goat's anus or something else Epic?
Well, sure, that's what they said happened to Dennis...
He got a job playing "Beaker" at the new muppet theme park (mostly because he didn't even need a costume)...
I actually quite like Kneale, at least he came across as genuine unlike LIESman and all those other airhead presenters. I'd like to see him on TV again.
DavidC
I believe he has a new gig on Fox Business News.
I cannot believe he will be working with Charlie Gasparino again. They seemed to genuinely be about to come to blows in some commentary pieces when both were on CNBC.
When first on CNBC they introduced Kneale as the "entertainment correspondent" or something like that. Then the dumb butt started trying to make market calls, because he felt it. I suppose that is about as studied as Crammer or Liesman.
CNBC administrators sure know how to lose their shirts.
Ther have only been two good journalists at that place, ever... Rick Santelli (a former trader - real world experience) and the late Mark Haines.
The rest are loudmouth, brainless garbage and -quite frankly- ANNOYING.
In the world of data analysis, the CNBC personalities would be referred to as "noise."
Clearly they've targeted the wrong demo....25-54??? CNBC is a cartoon with a cast of ridiculous, childish characters....Saturday mornings might be the ticket.
.
The new CNBC lineup will be Closing Bell with Electra Woman and Dyna Girl.
http://www.youtube.com/watch?v=eqB36FsglEE
As long as Hong Kong Phooey gets a slot picking stocks to buy and giving karate chops to US citizenism, Im watching.
People don't like to buy a shitty product. What CNBC offers fits that profile.
Unless they begin to hire a bunch of big chested girls with low cut blouses as their on-air talent, it's game over.
Oh, they already tried that so I guess the game is over for them.
How about putting it on HBO and feature topless squealing bimbos prancing around the set cluelessly pointing to the pretty flashing colors on the “big board”? I would watch that!
Or maybe they just need to put girls jumping on trampolines in the background like 'The Man Show' used to do... Or maybe once every hour one of the anchors could spin the 'Wheel of Fate' to see if they would get a swirlie administered by Lou Ferrigno...
You have to know what the wheat is vs. the chaff.
Viva La CNBS!
Quoth the (Irish) Raven:
“With new Jobless Claims so darn high,
Steve Liesman could just softly sigh.
With his theories to totter,
he puked coconut water
all over his stylish repp tie.”
Not exactly iambic pentameter, but good effort.
Perhaps you'd prefer:
“There once were payrolls so thin
that not even Steve Liesman could spin.
His excuses, you see,
fit comfortably
onto the head of a pin.”
This is simply about the "viewers" knowing the real truth of what's happening. As soon as CNBS executive directors say, "Fuck it, lets throw caution to the wind and start reporting daily the real reason the markets are doing what they're doing", well...that's the day the ratings go through the roof in American Idol like style.
People are fucking sick of being lied to...let the revolution begin.
not while this guy Obammy is in office.
Thank God mittens the sock puppett's gonna fix that shit.
Yeah I know ... don't expect me to vote for the same dumbass and expect a different result though.