On Monday, at 8:30 a.m., I turned on CNBC and started watching the business channel for the first time in my life. Twelve hours later, a long stare through the peacock-colored looking glass had shaken me. I was huddled in the corner of my living room couch, arms hugging my knees, wondering why the angry faces on-screen were yelling at me. Full Story »
Posted by Dan Kennedy
This was a funny, readable critique of a day's worth of CNBC programs, but I can't say I took much away from it. Not very informative, and while well worded, not too insightful. The sarcasm is well received, though.
Cramer says there’s no hard-and-fast rule, we’ve got to go case-by-case, and then, without missing a beat, or seeking any further information, says, “Buy Verizon.”
According to CNBC’s evening punditocracy, nightly tasked with explaining why another day has ended in the toilet, it’s not the market’s fault, it’s the government. Cramer warns that the Obama administration might cause another Great Depression, accuses the administration of “wealth destruction,” and compares Obama’s cap-and-trade carbon pricing scheme to the McCarthyite House Un-American Activities Committee. “It’s time to join the witch hunt against known polluters,” he snarks. “Will the Democrats carbon blacklist this company, unless it names names?”
