CNBC doing it's best

[Beavker]

to bash the current administration. They're on fire today, like they have this window now to use their soapbox to deflate the economy as much as possible until the recent legislation and upcoming actions do as little to help as possible. Traders trade on whims, not facts. If CNBC can bring on every Wall Street Bear and basically bash everything that is being done, people listen. Not everyday people, they don't give a shit past the facts that the economy is bad. But CNBC can reach those that have a high powered brokers that get their own 5 minute spot on the show and get all riled up from the CNBC Cheerleading for the home team and help drive that market down further. They can do that and they do. I see them do it daily. Take them off the air.

Then the 'better' administration to suit their no tax paying, no regulated asses will come back and give them their fortune back.

[fumsm]

1. Conservative propaganda machine

They have become terrible lately. I have never seen so many talking boobs and mindless opinions in all my life. They are becoming worse than faux news can't believe I just said that). This is what happens when the thieves get caught with their hands in the cookie jar. And to think people look to them for advise, how dangerous is that??

[Beavker]

2. I guess they generally are preaching to the choir

but it's nonetheless irritating for those that are not in the choir...as a large portion of the country are not.

[Lucky Luciano]

3. Professional traders do not usually trade on CNBC comments.

Mom & Pop investors might trade on CNBC comments - and as such, if CNBC were smart, they would want the market to go up - much better for ratings when the mom & pop investors can watch. Wall St traders have CNBC on in front of them, but simply as another source for breaking news - they get most of their real time news from their Bloomberg terminals, Reuters feeds, Street Accounts, SkyGrid, various subscriptions, chatting with the many contacts they have made including their institutional brokers, former colleagues, friends, and anyone else who might have an idea, etc. CNBC is just another blip that might get a piece of breaking news first...but Bloomberg usually beats them to the punch...and nobody gives a shit about the times that 7 or 8 talking heads get on the screen and start yelling at each other to the point where it cannot be comprehended.


Last, but not least....Larry Kudlow is the most ridiculous boob on TV.