Denninger fires back at CNBC, propaganda division of zombie GE
Posted By Mike On Sep 4, 2009 @ 5:09 am In Uncategorized | 6 Comments
Source: [1] http://market-ticker.denninger.net/
For those of you who don’t pollute your minds with CNBC, Dennis Kneale (AKA [2] Beaker) is a little MSM apparatchik who first achieved fame for [3] crying on air while trying to go a week without his Blackberry, and for [4] groping two women during a single cab ride, one of whom was a co-worker’s wife.
CNBC has become to financial TV what the Soviet Pravda was to print ‘journalism’ (the [5] Pravda of today is at least as credible as any major US newspaper, and certainly more fun — [6] Russia Today also offers a good perspective from outside the Empire). In contrast to GE TV, Bloomberg only seems to get more and more respectable, with actual journalists like Caroline Baum, Johnathan Weil, Matt Miller, Pimm Fox and Bernie Lo.
It is highly relevant that CNBC is owned by a publicly-traded financial behemoth with an upside down balance sheet, while Bloomberg is a private company owned mostly by a single person, an egotistical fascist IMO, but at least not a banker.
On the subject of unrecognized loan losses, [7] Mish has an excellent post today on how extremely poorly capitalized the banking system remains.
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Article printed from The Sovereign Speculator: http://sovereignspeculator.com
URL to article: http://sovereignspeculator.com/2009/09/04/denninger/
URLs in this post:
[1] http://market-ticker.denninger.net/: http://market-ticker.denninger.net/
[2] Beaker: http://www.nerve.com/CS/blogs/theremoteisland/2008/11/16-22/Beaker-muppet.jpg
[3] crying on air: http://www.youtube.com/watch?v=7zroOj3RvNM
[4] groping two women during a single cab ride: http://gawker.com/5320682/how-cnbc-dennis-kneale-begged-for-blogger-bile
[5] Pravda : http://english.pravda.ru/
[6] Russia Today: http://russiatoday.com/
[7] Mish has an excellent post today: http://globaleconomicanalysis.blogspot.com/2009/09/how-overpriced-is-s-500.html
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