For some reason Bloomberg Television lost its signal for an extended period today, and in a moment of desperation CNBC looked like an alternative. CNBC doesn't get watched much here.
CNBC is a 'news channel' in name only. Its like the McLaughlin Group with financial overtones.
Its overseas branch operations are not as bad, with the UK show often being reasonably good.
But this Fort Lee operation is abysmal, an extended infomercial, a puppet show for corporate perspectives without fact based reasoning.
Bloomberg has been reaching new lows in reporting standards, but next to CNBC it looks like pure reason, a Pulitzer Prize operation.
"A new, invisible and at times virtual, tyranny is established, one which unilaterally and irremediably imposes its own laws and rules. Moreover, indebtedness and credit distance countries from their real economy and citizens from their real buying power. Added to this, as if it were needed, is widespread corruption and selfish fiscal evasion which have taken on worldwide dimensions. The will to power and of possession has become limitless." Francis I, 16 May 2013