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dbapig.
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March 25, 2008 at 10:58 PM #12250March 25, 2008 at 11:23 PM #176283
hipmatt
Participantwell, according to the propaganda machine known as CNBC, most of their employees will tell you things like.. “recession adverted, we are nearing the bottom of the economic slowdown, it’s time to start putting your money back into the main stock indexes, housing should bottom in less than 6 months…” This guy is a bad offender… http://www.cnbc.com/id/15838058/ Most of their commentary supports and acknowledges the success of govt. bailouts, large rate cuts, stimulus plans and the general philosophy to print our way out of trouble, or to socialize the large asset losses and to prevent them from naturally correcting.
Then there is Cramer who will tell you on a bad day that we are in a bear market and stocks are all guilty until proven innocent, then the next, after the fed slashes rates or bails someone out and the market rallies, he is all giddy and amped up, he will tell you to “buy everything” and that “this is a sign that we’ve hit a bottom”.
The only guy who seems to get it right is this guy… http://www.cnbc.com/id/15837966/
Rick SantelliMarch 25, 2008 at 11:23 PM #176637hipmatt
Participantwell, according to the propaganda machine known as CNBC, most of their employees will tell you things like.. “recession adverted, we are nearing the bottom of the economic slowdown, it’s time to start putting your money back into the main stock indexes, housing should bottom in less than 6 months…” This guy is a bad offender… http://www.cnbc.com/id/15838058/ Most of their commentary supports and acknowledges the success of govt. bailouts, large rate cuts, stimulus plans and the general philosophy to print our way out of trouble, or to socialize the large asset losses and to prevent them from naturally correcting.
Then there is Cramer who will tell you on a bad day that we are in a bear market and stocks are all guilty until proven innocent, then the next, after the fed slashes rates or bails someone out and the market rallies, he is all giddy and amped up, he will tell you to “buy everything” and that “this is a sign that we’ve hit a bottom”.
The only guy who seems to get it right is this guy… http://www.cnbc.com/id/15837966/
Rick SantelliMarch 25, 2008 at 11:23 PM #176641hipmatt
Participantwell, according to the propaganda machine known as CNBC, most of their employees will tell you things like.. “recession adverted, we are nearing the bottom of the economic slowdown, it’s time to start putting your money back into the main stock indexes, housing should bottom in less than 6 months…” This guy is a bad offender… http://www.cnbc.com/id/15838058/ Most of their commentary supports and acknowledges the success of govt. bailouts, large rate cuts, stimulus plans and the general philosophy to print our way out of trouble, or to socialize the large asset losses and to prevent them from naturally correcting.
Then there is Cramer who will tell you on a bad day that we are in a bear market and stocks are all guilty until proven innocent, then the next, after the fed slashes rates or bails someone out and the market rallies, he is all giddy and amped up, he will tell you to “buy everything” and that “this is a sign that we’ve hit a bottom”.
The only guy who seems to get it right is this guy… http://www.cnbc.com/id/15837966/
Rick SantelliMarch 25, 2008 at 11:23 PM #176646hipmatt
Participantwell, according to the propaganda machine known as CNBC, most of their employees will tell you things like.. “recession adverted, we are nearing the bottom of the economic slowdown, it’s time to start putting your money back into the main stock indexes, housing should bottom in less than 6 months…” This guy is a bad offender… http://www.cnbc.com/id/15838058/ Most of their commentary supports and acknowledges the success of govt. bailouts, large rate cuts, stimulus plans and the general philosophy to print our way out of trouble, or to socialize the large asset losses and to prevent them from naturally correcting.
Then there is Cramer who will tell you on a bad day that we are in a bear market and stocks are all guilty until proven innocent, then the next, after the fed slashes rates or bails someone out and the market rallies, he is all giddy and amped up, he will tell you to “buy everything” and that “this is a sign that we’ve hit a bottom”.
The only guy who seems to get it right is this guy… http://www.cnbc.com/id/15837966/
Rick SantelliMarch 25, 2008 at 11:23 PM #176736hipmatt
Participantwell, according to the propaganda machine known as CNBC, most of their employees will tell you things like.. “recession adverted, we are nearing the bottom of the economic slowdown, it’s time to start putting your money back into the main stock indexes, housing should bottom in less than 6 months…” This guy is a bad offender… http://www.cnbc.com/id/15838058/ Most of their commentary supports and acknowledges the success of govt. bailouts, large rate cuts, stimulus plans and the general philosophy to print our way out of trouble, or to socialize the large asset losses and to prevent them from naturally correcting.
Then there is Cramer who will tell you on a bad day that we are in a bear market and stocks are all guilty until proven innocent, then the next, after the fed slashes rates or bails someone out and the market rallies, he is all giddy and amped up, he will tell you to “buy everything” and that “this is a sign that we’ve hit a bottom”.
The only guy who seems to get it right is this guy… http://www.cnbc.com/id/15837966/
Rick SantelliMarch 26, 2008 at 12:06 AM #176298dbapig
ParticipantI find myself more and more ignoring what the MSM tells me re politics/economy/foreign-relations/etc and relying more on blogs/forums. I go to the MSM media only for things like some major accident/event and than when I need to go back to the story later, I go back more to wiki, rather than MSM itself.
It’s not even funny how MSM gets some really basic facts wrong when they are reporting on something that I have some knowledge, basic one at that.
Is that just me? π
March 26, 2008 at 12:06 AM #176652dbapig
ParticipantI find myself more and more ignoring what the MSM tells me re politics/economy/foreign-relations/etc and relying more on blogs/forums. I go to the MSM media only for things like some major accident/event and than when I need to go back to the story later, I go back more to wiki, rather than MSM itself.
It’s not even funny how MSM gets some really basic facts wrong when they are reporting on something that I have some knowledge, basic one at that.
Is that just me? π
March 26, 2008 at 12:06 AM #176655dbapig
ParticipantI find myself more and more ignoring what the MSM tells me re politics/economy/foreign-relations/etc and relying more on blogs/forums. I go to the MSM media only for things like some major accident/event and than when I need to go back to the story later, I go back more to wiki, rather than MSM itself.
It’s not even funny how MSM gets some really basic facts wrong when they are reporting on something that I have some knowledge, basic one at that.
Is that just me? π
March 26, 2008 at 12:06 AM #176661dbapig
ParticipantI find myself more and more ignoring what the MSM tells me re politics/economy/foreign-relations/etc and relying more on blogs/forums. I go to the MSM media only for things like some major accident/event and than when I need to go back to the story later, I go back more to wiki, rather than MSM itself.
It’s not even funny how MSM gets some really basic facts wrong when they are reporting on something that I have some knowledge, basic one at that.
Is that just me? π
March 26, 2008 at 12:06 AM #176751dbapig
ParticipantI find myself more and more ignoring what the MSM tells me re politics/economy/foreign-relations/etc and relying more on blogs/forums. I go to the MSM media only for things like some major accident/event and than when I need to go back to the story later, I go back more to wiki, rather than MSM itself.
It’s not even funny how MSM gets some really basic facts wrong when they are reporting on something that I have some knowledge, basic one at that.
Is that just me? π
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