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Do the "Financial Reporters" on TV EVER See A Good Time to BAIL?

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K8-EEE Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-02-08 02:10 PM
Original message
Do the "Financial Reporters" on TV EVER See A Good Time to BAIL?
I've never seen the "financial experts" on the teevee news do anything but pimp for the stockmarket. There was a guy on CNN right now being all like, "the WORST thing you can do is GET OUT....don't buy too many internationals! It's a good time to buy US stocks" etc.

Don't they ALWAYS say that no matter what. I wonder if they are even allowed to be pessimistic about the US stockmarket, with all the brokerage & bank commercials they run!
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tularetom Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-02-08 02:13 PM
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1. Nah they are all shills for the brokerage houses and funds.
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Warpy Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-02-08 02:14 PM
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2. Are you nuts?
They want to support the market as long as possible so all their buddies can be convinced to bail first.

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K8-EEE Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-02-08 03:25 PM
Response to Reply #2
5. CNN is just as bad as FOX at least in this respect...
It's ALWAYS time for the Happy Financial Newz!
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dysfunctional press Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-02-08 02:20 PM
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3. of course not...btw, the proper term isn't "reporter", it's "cheerleader"...
and no- pessimism about the corporatocracy is NOT allowed.
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still_one Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-02-08 02:59 PM
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4. Yes, but only on Bloomberg, which I don't consider typical MSM
They make an effort to provide a balanced approach, and they present both sides pretty fairly

CNBS is just a proxy for pumping the market. They have two individuals, kudlow and crammer, which should indicate to you just how much integrity they have

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