The Stewart bit was funny and well produced but so what?
CNBC is to blame for not catching Stanford?
CNBC is to blame if CEO's either don't tell the truth or even more likely know as little about their stocks future valuation than we do? Stewart's criticism would be akin to a reporter being lied to by a politician and then us blaming the reporter. I'm usually pretty anti-media but, c'mon.
Slamming Kramer? Good.
Calling Chicago "Wall Street"? Bad.
The "salient" point-a word used earlier-is that Stewart is a millionaire member of the elite entertainment class with his own commie kikey cunt agenda. If you noticed he passed FAVORABLE judgment towards bailing out homeowners.
Consider the gist of his piece:" Santelli and the ignorant futures traders surrounding him are insensitive agents of an inept network defending both inept businesses and criminals while the American television viewing homeowner suffers. "
Is there a large kernel of truth there? Certainly. But is that truly the systematic way the world works? Obviously not. If it was then Kenneth Lewis would be short millions of BAC shares rather than long them.
So in fact Stewart didn't use humor constructively but vindictively. While alluding that experts don't know anything more than homeowners-a truth or obviously coaches would quit and become gamblers-he instead made it seem like CNBC was too stupid to see the truth unlike our genius, great for the markets Ivy League President. Well as a bear and a index short through at least 60% of this move I'm disdainful towards ANY bull but do I feel CNBC was any "wronger" than a zillion other people? Not at all. And they certainly give voice to bears. Schiff has been guesting on there for years.
Also as perma shorts can tell you-UNTIL Stewart's favorite socialist was elected-the bear rallies were pretty friggin' sharp. It's only been since Obama moved ahead in the polls that every market in the world threw in the towel and said, "That's it. Capitalism is dead. Even the American's are going pro-tax, anti business". We lead global markets by example. Now we're just another fucked up socialist state and with crappier unskilled minorities. Now that's the REAL story and it's the Stewart's and his fellow leftists fingering the trigger on the gun extinguishing you. I hope you laugh at his jokes to your grave.
P.S. Sorry for typos and bad grammar but I'm multi-tasking.....
CNBC is to blame for not catching Stanford?
CNBC is to blame if CEO's either don't tell the truth or even more likely know as little about their stocks future valuation than we do? Stewart's criticism would be akin to a reporter being lied to by a politician and then us blaming the reporter. I'm usually pretty anti-media but, c'mon.
Slamming Kramer? Good.
Calling Chicago "Wall Street"? Bad.
The "salient" point-a word used earlier-is that Stewart is a millionaire member of the elite entertainment class with his own commie kikey cunt agenda. If you noticed he passed FAVORABLE judgment towards bailing out homeowners.
Consider the gist of his piece:" Santelli and the ignorant futures traders surrounding him are insensitive agents of an inept network defending both inept businesses and criminals while the American television viewing homeowner suffers. "
Is there a large kernel of truth there? Certainly. But is that truly the systematic way the world works? Obviously not. If it was then Kenneth Lewis would be short millions of BAC shares rather than long them.
So in fact Stewart didn't use humor constructively but vindictively. While alluding that experts don't know anything more than homeowners-a truth or obviously coaches would quit and become gamblers-he instead made it seem like CNBC was too stupid to see the truth unlike our genius, great for the markets Ivy League President. Well as a bear and a index short through at least 60% of this move I'm disdainful towards ANY bull but do I feel CNBC was any "wronger" than a zillion other people? Not at all. And they certainly give voice to bears. Schiff has been guesting on there for years.
Also as perma shorts can tell you-UNTIL Stewart's favorite socialist was elected-the bear rallies were pretty friggin' sharp. It's only been since Obama moved ahead in the polls that every market in the world threw in the towel and said, "That's it. Capitalism is dead. Even the American's are going pro-tax, anti business". We lead global markets by example. Now we're just another fucked up socialist state and with crappier unskilled minorities. Now that's the REAL story and it's the Stewart's and his fellow leftists fingering the trigger on the gun extinguishing you. I hope you laugh at his jokes to your grave.
P.S. Sorry for typos and bad grammar but I'm multi-tasking.....