Saturday, March 7, 2009

CNBC: When you're a cable network encouraging the buying of stock in a scorched-earth economy.....

I'm not sure how many people saw CNBC's Erin Burnett (known as "International Superstar" to MSNBC' s Joe Scarborough) on last night's REAL TIME WITH BILL MAHER.

Ms. Burnett, at one point, resorted to tired Republican talking points about the rich paying too many taxes and even used the phrase "wealth destruction"--which caused Maher to justifiably respond with the word bull----.

Read Nikki Finke's recent column entry about CNBC (which is apparently bludgeoning its audience to buy GE stock and raise it from its current doldrums):
[UPDATE 3/9/09: Here's a link to a HUFFINGTON POST column mentioning Erin Burnett, plus Joe "GE makes things" Scarborough doing his best to aid General Electric in its hours of pain and decreased profits:]
And here's a suggestion for a future CNBC network-branding ad: Have the on-air personalities (including Ms. Burnett, Jim Cramer, Maria Bartiromo and fake-populist trader groupie Rick Santelli) sing or lip-sync an irony-free version of Randy Newman's "It's Money That Matters."
[UPDATE 3/13/09: Glenn Greenwald, in a post-mortem view of the Cramer/Jon Stewart sitdown on last night's THE DAILY SHOW, reminds us that the "don't question what Authority tells us" ethos is still followed by prominent journalists including David Gregory and Charles "Charlie" Gibson:]

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