Matt Taibbi, Sam Seder on Alex Pareene Popping CNBC's Bubble

[adirondacker]

&list=UU-3jIAlnQmbbVMV6gR7K8aQ

Pretty entertaining and informative clip!

[DeSwiss]

1. K&R

[pacalo]

2. The CNBC clip was as fun to watch as it was listening to Taibbi's & Seder's reactions.

Kudos to Alex Pereene (had never heard of him before) for holding his own while making it look like child's play.

[adirondacker]

5. It was Brilliant! That was 16 minutes of the best laughter I've had in a while. :) nt

[pacalo]

7. It was a very pleasant surprise. It made me laugh, too. I want other DUers to see it, too!

[Snake Plissken]

3. I would love to see them discussing a Pharmaceutical CEO

So what if their drugs never proved to be effective and their fraudulent coverup ended up killing 30,000 people? their profits are 12% better year to date over last year, and that's including the legal fees. Could you image if they didn't have to pay out of lawsuits? their profits would be over 80% better year to date over last year. Why would anyone have a problem with this CEO?

[pacalo]

8. Corporations are apparently running the show; the CNBC talking heads & their spokesman

seemed too emotionally invested in defending Jamie Dimon, as though their job security demanded loyalty, bizarre as it was.

[Midnight Writer]

4. CNBC Exposed Mystery Science Theater Style

This should be a Prime Time TV series with guests dissecting the "News of the Day"

[Mojorabbit]

9. +100 nt

[Dustlawyer]

6. K&R! In a country where most of the media are owned by 6 companies (BIG COMPANIES),

it's refreshing to see journalism for a change. This clip is so funny b/c they can clearly point out how the media shills for Wall Street, to the point where they are trapped in a bubble and cannot even consider the truth!

[OutNow]

10. Hey Matt, guess who won't be invited back on CNBC anytime soon?

This video was great, but Matt Taibbi won't be invited back. Too bad.

[pacalo]

17. Matt Taibbi wasn't on the CNBC show.

He & Sam Seder were watching the clip of Salon writer Alex Pereene taking on three delusioned corporate mouthpieces on CNBC.

[JDPriestly]

11. Really funny! What idiots on CNBC.

[Spitfire of ATJ]

12. Jon Stewart could tear them up like this....

Look what he did to Jim Cramer.

http://www.comedycentral.com/video-collections/exr2st/the-daily-show--jim-cramer-unedited-interview/fttmoj

These guys are such a soft target because they're all lost outside of their bubble.

What's really SCARY is the 1% look to these people for advice.

Is it any wonder these people set aside the time to go to seminars that teach them the alien concept known as "ethics"?

[BillyRibs]

13. Can These Banksters Do Any Wrong!?

Rob, Lie, Swap, Drive the economy into the earth!

&list=PLrsji5BkJKhh2vmq7rjB4zPp1M0M-CSzT&index=29

[drynberg]

14. TABBI & SEDER DON'T UNDERSTAND THE BASIC FACT

That Wall Street isn't caring one crumb about anything but the BOTTOM LINE. Yeah, they couch it in terms of "the stockholder", which is a way of directing the blame to the ether. Corporations only exist to make $$$$$, any other expectancies are not realistic. Now, I'm not saying I agree with this crap one bit, but it exists...and to act as if it shouldn't or doesn't destroys any validity of any argument. Problem as I see it, is that these corporations also control those that are suppose to regulate them. This is what must change and change soon. True, I grinned a few times, but I couldn't laugh, it's too criminal and destructive to be humorous to me...that's just me.

[adirondacker]

15. Yea, I can see where you are coming from on this.

I'm seething most of the time, but where they did get it right is to reveal these fuckers are dumber than a three year old when it comes to basic math and have zero ethics in their outlook. They need to be shamed, ridiculed and put in their places. I think Taibbi and Seder, with a lot of help from Alex succeeded in this piece, and I can get a laugh when the stars align and that happens.

But yea, It's not really a laughing matter what WS is pulling and how they are effecting society.

[Pretzel_Warrior]

26. No. These shit heads in financial news are constantly acting like

The corporations they pimp aren't acting like destructive, selfish psychopaths. This guest on their show and the two critiquing it are coming at it from the standpoint of "no. 2008 happened and it was only 5 years ago. Don't act like these rich and amoral pricks don't have an obligation to behave ethically so as to not trash our economy again for the sake of quarterly earnings."

[Enthusiast]

16. This should have 300 recommendations....nt

[fasttense]

18. When actual facts and the truth comes out like a comedy routine

then you know you are watching propaganda of the most blatant kind.

So, can we ditch this capitalist economic system now?

[marmar]

19. Maria Bartilomoromomomo (hee hee) is shameless.

[Cha]

20. Thanks for this, adirondacker.. will watch soon as I

have a minute.

[Pretzel_Warrior]

25. You will be glad you did

[Snake Plissken]

21. This clip is even more entertaining after the release of JPMorgan Chase 3rd quarter results

http://dealbook.nytimes.com/2013/10/11/jpmorgan-reported-third-quarter-loss-on-legal-costs/?_r=0

JPMorgan Chase, the nation’s largest bank, reported a third-quarter net loss of $380 million on Friday as it continued to grapple with a raft of regulatory and legal woes.

The added costs dragged down JPMorgan’s results as the bank posted a net loss of 17 cents a share. JPMorgan’s earnings were eroded, in large part, by a legal expense of $9.2 billion, including money set aside in reserve for costs and regulatory proceedings.

[Pretzel_Warrior]

24. Great update. CNBC has been exposed since 2008

As the shell game barkers we now see them for. I'm getting my MBA right now. All this "business ethics" stuff goes right down the shitter when there's buckets of money to be made.

[BootinUp]

22. Thanks!

great discussion.

[Pretzel_Warrior]

23. Seder does much better on a radio team. He was hilarious

With Matt Taibbi there whereas most of his stuff recently on his own is yawn worthy.

Just like when he and Janean Garafalo got their stride, they were my second favorite show after Franken's.

[Crowman1979]

27. You know what CNBC really stands for?

CEO's Never Brought on Charges of illegal activity.