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Message: and another thing

and another thing

posted on Feb 15, 2008 07:27AM

about CNBC! Does anyone else watch these idiots? I don't see anything wrong with the glass half full attitude but there comes a point where it's just plain stupidity. The way they've denied the downturn in the last six months you'd think the DOW was at 16,000!

Just now, with the market down 45 points but clearly on a very soft footing, they're talking about how well the market is holding up. Get real morons, the market is not holding up. It's down 250 points in a day and a half. The DOW is around a 52 week low and the S&P500 is lower than it was 8 years ago! 8 years ago!

The biggest idiot on this show is Dennis Kneal. Ironically he's been getting more and more air time. In the past six months he's continually argued that there will be NO recession. That financial stocks are a bargain. Housing stocks have bottomed. If there is a stupid side of any argument, he takes it. Just now they were talking about Warren Buffet and his contribution was that Buffet missed the tech boom and has had his share of bad picks. Ya, missed the tech boom. Missed out on the crash you moron. Missed out on the sub prime melt down as well... idiot.

If it weren't for all the gorgeous women, I'd never watch this station.

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