Wednesday, March 11, 2009

A day with CNBC

Here's a good summary of watching 12 hours of CNBC.

I turned on CNBC and started watching the business channel for the first time in my life. Twelve hours later, a long stare through the peacock-colored looking glass had shaken me. I was huddled in the corner of my living room couch, arms hugging my knees, wondering why the angry faces on-screen were yelling at me.

Since the dawn of the Obama administration, not even two months ago, CNBC has become notorious as a redoubt of talking -- no, shouting -- heads who insist that the market is tanking because the new president is an incompetent lefty.