As I go through my daily news tonight, I was reading a few of the articles that I get from my RSS feeds and I just randomly started putting pieces of a puzzle together...it's weird how your mind works like that sometimes when you don't even expect it to. Anyways, there are a few things that happened in the last few weeks that may or may not have caught your attention:
- Cramer vs. Stewert - If you didn't see this, you absolutely have to see this. He's like the our version of Howard Beale - reference Network, 1976. This is uncensored and definitely not work safe but Stewart ripping into CNBC for playing out the general public...but basically not only CNBC but most if not all of the financial news sites as well "just play the game."
- Story of Dylan Ratigan - He used to be one of the most outspoken hosts on Fast Money on CNBC and decided to leave since he was restricted and being unable to speak against the Wall St. vampires. You can check out the link for the entire story but he was one of the only people on CNBC that actually spoke out against Wall St. After reading the story, it totally makes sense because well let's face it, CNBC doesn't really care about the average retail investor nor does it want to make checking the factual evidence of the people it interviews either. This is clear evidence that they are only working for the Wall St. banks and unfortunately the retail investor is left out to dry...
- Krugman blames WSJ - If you know about Paul Krugman he's one of the leading economists in the country and a Professor at Princeton University and also has won the Nobel Prize for his work in international trade. Anyways, he has a blog on the New York Times and posts some pretty interesting stuff. This blog post basically described how not only CNBC but also WSJ uses their massive media influence to have the flow of money in their favor. It's funny how they have always been wrong when it comes to pushing the Dow to ever increasing levels.
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