CNBC: Do CNBC People Read This Blog (as They Should?)

Could it be that the economic fascists of MSNBC (always excepting Rick Santelli) actualy read this blog?


Judge for yourself.. Read the article on the stock market posted on this blog last night. Then railize that CNBC, in its morning program with Jim Cramer,, et. al.., put forth the following this morning: "Are we overthinking thse market moves when we talk abut the supposed reasons the market is ging up hundreds of oints or down hundreds of points. Is it really all about the MACHINES." (referring to computer program trading, and with emphasis reallyin the original). Jim Cramer even went on to say what this blog has been saying for 5 eyars and more: "High frquency trading is ruining the market." (or words to that effect). There were nods all around as the group of CNBC people admitted that the emperor--namely THEMSELVES and WALL STREET--has no clothes.


What CNBC was really doing was acknowleding what I told you last night, and a number of times before: Financial commentators and Wall Street analysts--not to mention the mainstream media and conservative talk show hosts--LIE when they tak about all of these "reasons" for wild gyratioins in the stock market. More and more, as CNBC told you this morning (after reading this blog?), it IS all about the MACHINES.


As this blog told lyou last night, the sock market has become a computer gaming casino. Any relationship between market moves and economic reality is purely coincidental (except when reality is so stark that no one can ignore it, and even then the machines distort it out of all recognition).


It still amazes me. Who knew that the people at CNBC read this blog. Does Larry Kudlow really know what I think of him--economis fascist that he is? I hope so. Jim Cramer by the way ("Chruch of what is happening now") is a MOMENTUM man from way back--a hkypocrite cring crocodile tears at cojmputer players palying the momentum game that Cramer virtually perfected--taking the SHROT TERM mentality of Cramer to its ultimate, sick conclusioni.


P.S. No proofreading or spell checking (bad eyesight). Should Cramer, by the way, proofread his materil IN HIS BRAIN before it comes out of his mouth, AND lower the volume? Just asking. You may not like my "all caps" way of using emphasis. Realize that Cramer TALKS in all caps, all of the time.