Economic Pear Harbor

CNBC great show? Well let us look at John Stewart's clip showing us how GREAT CNBC is!
IDIOTS!


N.Y. Times, 'CNBC Thrives as Hosts Deliver News With Attitude,' by Brian Stelter and Tim Arango: 'One month shy of its 20th anniversary, CNBC is being jokingly called 'the recession network' within the halls of its headquarters in New Jersey. After it achieved record ratings last fall, the network's audience remains above its annual average. But CNBC's executives and hosts seem well aware that their ratings have traditionally stagnated in down times for the Dow. 'People do not want to come to a show each night and hear how poor they are,' ['Mad Money' host Jim] Cramer said. But in a change from previous downturns, CNBC is now a place for politics, to borrow a phrase from its sister channel MSNBC. The network's journalists have been encouraged to speak their minds, making the line between reporter and commentator almost indistinguishable at times. ... With economic attention focused on Washington, the network is spending less time on bullish stock picks and more time assessing the government's actions. In recent weeks some have perceived the network to be leading the campaign against President Obama's economic agenda. ... Just as the first cable news channel, CNN, rose to prominence during the gulf war in 1991, and another one, the Fox News Channel, became a ratings leader in the period before the Iraq war in 2002 and 2003, CNBC is on a war footing. ... CNBC is a boon to NBC Universal's bottom line; it has posted record profits for at least the last three years.'

John Stewart, where are you?