like Ronnie Raygun…SCUM OF GE

sad but true, Swopa, sad but true

So…will Stewart do a piece on “liberal” media next?

GE is part of the Military Industrial Complex. GE must calculate and determine what course of action profits it the most.

Revenue generated by advertising fees from popular programming OR no-bid government contracts for war machines for endless war?

War machines win. Smedley Butler did the math a long time ago.

I saw something over a Huff Post that Cramer was responding at 6pm tonight on CNBC. I’m sure there will be to talk about.

Jeepers, Wally, all I know about network TV is that Big Oil wants a clean environment, I just saved a bunch of money on my #############, and the rallying cry of the health insurance industry is Viva Viagra!

NBC has rough going today – Rush called Andrea Mitchell a “butt boy”. Wonder if Mrs. Greenspan will hit back?

Well, he’s on right now. I only watched for a sec and he was starting to announce the return of “Merger Mondays” and “they” don’t like that. how does he know what hedge fund managers are thinking? He used to be one of them.

He’s going all self confessional from what little I saw just now.

Oh. My. Gawd.

I’m no Mrs. Greenspan fan, but that is harsh. She doesn’t deserve that esp. from that piece of trash.

Stewart may not make a difference, but losing their AAA rating might
http://www.economist.com/busin…..d=13296449

Ohreally? That seems harsh. What was the context? Or meaning?

She was sputtering and dazed this AM couldn’t even remember the name of who she was handing the show off to for the next hour.

Guess I owe you a beverage…your choice. I also guess we both don’t like “harsh”.

It always comes back to the Upton Sinclair line:

It is difficult to get a man to understand something when his salary depends upon his not understanding it

The media are about propaganda and infotainment. Being wrong all the time, having conflicts of interest all over the place, no problem. Most of our media stars have found that they can make highly lucrative careers out of being willing idiots.

Don’t forget that corn syrup is perfectly healthful.

She agreed with Barney Frank that the press had made it difficult for Obama to get appointments because of “gotcha” journalism. Story at Huff Post.

Nicely done, Swopa. The Ownership Society still lives!

Dugg right here

Thanks. Interesting name calling, considering the rumors going around about him.

*g* anything with a smooth aftertaste. TGIF.

Ownership society…my first thought on the Bush revision was that Bushco wants to pave the way for Jebby. But today I’m wondering if it is to fuzzify his legacy before he is shipped off to the Hague. I heard today that he better not go to Canada!

ABCNews is talking up all the good news about the economy. Who knew?

Meanwhile, at their other cobranded network, CNBC, they have on air a bunch of frauds. . . . And when someone points the fraud out, the whole GE team circles the wagons to defend Jim Cramer and CNBC.

And the monkey wrapped it’s tail around the flagpole to show it’s a$$hole to the crowd

FWIW, I read somewhere today that MSNBC, Olberman’s home, reports up through the NBC News Division, whereas CNBC reports up to the Entertainment Division, with the likes of Bravo, etc. Curious.

Gotta run. Don’t have time to find the link now. Sorry.

The big meme Cramer and his buds keep pushing is that nobody knew this was coming.

Ahem. Not only did folks like Roubini, Krugman, Atrios, Tanta, et al know and say it was coming (how many years now has Atrios talked about Big Shitpile?), but so did Bernanke and company — in fact, as Krugman explained today on his blog, they were trying to prepare for it at the Fed by gaming out all the possible scenarios therefor.

Maybe you’re already sick of reading about Jon Stewart’s posterizing of CNBC’s Jim Cramer –

nope. not me.

Here’s the full, unedited version:

http://www.comedycentral.com/v…..nId=221532

last night’s show makes more sense when one watches the too-long-for-the-show version.

Part 1 comes up, then Part 2 cues automatically; same for Part 3.

If the link doesn’t work, it’s at Comedy Central’s main site.

well, buy their stock!!
no?

or you might try a little closer to home, hmmph!

OK, I stumbled on the link just as I was about to shut down. It’s at TPM.

but not summers or geithner or shapiro or the banksters. the rest are just dfh – not Serious people

CNN didn’t back away from the showdown
http://www.cnn.com/2009/SHOWBI…..index.html

oops.

Your version is obviously much, much better, of course.

Geez, here it is – weekend !! – and I’ve already been shot down – before dark even.

I have such a way with women….

Interestingly enough, the AP is trying to spin the Chinese premier’s comments today as: Don’t you DARE do any more stimulus or spending packages! (This even though Krugman et al are saying that we need them badly.)

Check out the first two paragraphs:

BEIJING – China’s premier didn’t say it in so many words, but the implied warning to Washington was blunt: Don’t devalue the dollar through reckless spending. Premier Wen Jiabao’s message is unlikely to be misunderstood at the White House. It is counting on Beijing to help pay for its stimulus package by buying U.S. bonds. China already is Washington’s biggest foreign creditor, with an estimated $1 trillion in U.S. government debt. A weaker dollar would erode the value of those assets.

“Of course we are concerned about the safety of our assets. To be honest, I’m a little bit worried,” Wen said at a news conference Friday after the closing of China’s annual legislative session. “I would like to call on the United States to honor its words, stay a credible nation and ensure the safety of Chinese assets.”

I don’t have cable so watched the 3 segments at Oxdown. Did the show not air all 20+ minutes? I’m confused.

Have you considered that sometimes you set yourself up?
It’s okay. St. Patrick’s day crowds might have some opportunities for ya. :)

Green draft beer and drunk chicks. Such a deal.

Heck don’t forget us here at the lake even folks like me were on this back then:)

i don’t think krugman is saying we need reckless spending. more from yves at naked capitalism: China’s Wen Worries About Safety of Treasuries, Asks for Reassurance

If only you felt better.
(I made you some vegetarian chicken soup.)

yeah, so you say. Methinks you doth protest too much.

Thank you for this link!

I thought the Naked Capitalism take was a good one. The Chinese must always have known that a certain amount of their T bills investments were going to get devalued. It was a natural consequence of their own artificial pricing of the yuan.

NewsHour is blatherful tonight. Apparently the risk of another depression is now less. This seems to be the big new meme. ABC was pushing this too. The problem is that they have precious little to point to that is really positive but there remains a ton of evidence to the contrary.

Oh, I don’t think so, either. But there is definite pressure out there to keep the Dems from doing ANY spending, even though Krugman and Roubini et al have said repeatedly that the stimulus is too small.

NBC has rough going today – Rush called Andrea Mitchell a “butt boy”. Wonder if Mrs. Greenspan will hit back?

Nah, he’ll just apologize to Rush.

That might not make for so much happy at home.

this link within the cnn link was pretty good too. Time Magazine Tuned In

http://tunedin.blogs.time.com/…..t/?cnn=yes

But in the long run, it was most fascinating as a discussion about how business journalism in particular and journalism in general are done in America.

About CNBC generally, Stewart kept returning to the question not only of why the network didn’t report on financial disaster coming, but who CNBC is for at all

the djia is up like 10% for the week – that must mean the economy is doing great! /s

When was the last time you apologized to some guy who called your wife a name?

Interestingly enough, the AP is trying to spin the Chinese premier’s comments today as: Don’t you DARE do any more stimulus or spending packages! (This even though Krugman et al are saying that we need them badly.)

Check out the first two paragraphs:

BEIJING – China’s premier didn’t say it in so many words, but the implied warning to Washington was blunt: Don’t devalue the dollar through reckless spending. Premier Wen Jiabao’s message is unlikely to be misunderstood at the White House. It is counting on Beijing to help pay for its stimulus package by buying U.S. bonds. China already is Washington’s biggest foreign creditor, with an estimated $1 trillion in U.S. government debt. A weaker dollar would erode the value of those assets.

“Of course we are concerned about the safety of our assets. To be honest, I’m a little bit worried,” Wen said at a news conference Friday after the closing of China’s annual legislative session. “I would like to call on the United States to honor its words, stay a credible nation and ensure the safety of Chinese assets.”

Over here economists have been saying this is the worst downturn since the Great Depression (thugh a few have argued it only compares with the 80s), so I don’t see his “little bit worried” as out of line at all.

If anything he might have said he was scared silly. But the Chinese are usually reticent to say such things.

That the AP would characterize it as a warning to Obama is just the way that damned Liberal press works to undermine the president. Unless they aren’t really Liberal at all, in which case the American public should wonder about all those Republicans who regularly claim the press is Liberal.

When was the last time you apologized to some guy who called your wife a name?

Not married.

Anyhow, I thought everybody had to apologize to Rush..for whatever. Has something changed? Didn’t I get the memo. Dang, I hate being out of the loop.

NewsHour now has a discussion a la Cramer about why the journalists missed the financial crisis. Apparently they didn’t. Oh yeah, we wrote a story somewhere about the housing bubble in 2004. Cramer belonged to a different group. Just like Cramer sometimes you’re right and sometimes you’re not. Mean bloggers attacked us. Can’t do investigative journalism because of budget cutbacks.

As this post points out, coverage was similar for the financial crisis and the Iraq war. Journalists then defended themselves because someone somewhere raised doubts about the war. Forget that 95% were going the other way and the questioning story was in a smaller publication or on page 18.

But I thought that last excuse about investigative reporting was nuts. Is that why journalists never investigated the Bush Administration for 8 years? They were anticipating budget cuts that years later would make their jobs harder. Breaks my heart.

I think it’s quite telling that Tweety has not touched the Stewart Cramer story today.. this is something he would normally fester on for a solid week.

FYI, Peterr is two flights upstairs ——>

Spot on. That’s a good reason to take their TV license off GE.

#54 is a reply to hackworth1 #4.

Hah! Did you all watch Cramer’s response? What a cowardly cop-out! He referred to the final showdown in the Cramer/Stewart war and then abruptly showed a brief clip of his appearance on the Martha Stewart show! Then he launched into his same old tired act praising the virtues of the stock market and it’s latest return from the dead without a single mention of his appearance on The Daily Show.

Thanks swopa!