We are boycotting CNBC on Tuesday February 3, 2009 and ask you to join us.
We are boycotting CNBC because of what we perceive as a gross lack of accountability and editorial judgment.
We are boycotting CNBC because they produce shows with personalities who take zero responsibility for stock picks and markets calls which misinform viewers and distort the severity of the economic crisis.
We are boycotting CNBC because they trot out so called expert guests who have cost investors millions without warning viewers and allow these guests to pump themselves up without demanding the disclosure of performance.
We are boycotting CNBC because we want to send a message that such asshat behavior is unacceptable to us, their viewers.
Please help us spread the word by retweeting or reblogging and let them know you will not be watching.
I love this and fully support their message (hence my reblogging)…here are my reasons why:
1. As evidenced by their Asia reporter Sri Jegarajah falling victim to a blatant penny stock scheme, they hire journalism and theater majors instead of finance and economics majors because they are entertainment, not advice…because of Sri’s dumbness, people think penny stocks are random when in fact that play was OBVIOUS to anybody who didn’t spend their college years studying MacBeth….Lesson: CNBC is fine for useless entertainment, but they mask their crap as useful advice, costing viewers BILLIONS and creating a whole society of financial Forrest Gumps
2. Once upon a time, I brought models on CNBC…they got too much hate mail from female viewers–bitches–and haven’t had me on since…lesson: they’re not willing to innovate, instead they stick to the same crap day in day out because it’s a cash cow…we should not reward those who have forgotten America is all about innovation.
3. Cramer is not only a great stock manipulator, he’s also bad at picking stocks (down what 40% last year…even after changing some bad picks on TheStreet.com website (busted))Lesson: uhhhh, isn’t this backwards? Cramer, stop writing/appearing so much and get back to what made you $….oh wait, Reg FD killed your ONLY money-making strategy!
4. Maria Bartiromo is a big fat ugly bitch…Lesson: CNBC needs to be taught a lesson, find hotter girls so they won’t have to Photoshop/manipulate so much! (Brings me back to the models idea, oh wait, maybe CNBC’s secret to success is not offending female viewers by having big fat ugly bitches on…sorry Sue, it’s about 20 years past when you shoulda gone to radio…another thing that is backwards)
5. CNBC shunned Wall St Warriors form start to finish, which, now in almost a dozen countries, has become the single most popular financial show–non-news-based–in the history of crappy financial shows, instead greenlighting a friggin animated show!...Lesson: CNBC is not interested in reality, if they did, viewers would see how crappy, corrupt and full of complete bullshit Wall St really is…and their profits would suffer….CNBC needs to be smacked in the face, financially (can someone whose lost a lot sue these mothersuckers!), because they purposely keep their viewers as dumb, if not dumber, as when they found em.
These are just 5 examples of the evil that has become CNBC…kinda like Rome before its downfall (go watch Gladiator)…I’m getting too angry that such scumbags have the attention of so many hundreds of thousands of ignorant people who actually believe they can ‘watch Tv and get rich’.
I won’t get into how dumb/mediocre/below average the vast majority of CNBC’s guests are because then I have to rip on the entire industry–which, thankfully has been severely crippled in size during the past few months–for propagating such idiocy.
I just really wish Covestor and Cake would man up and come out with a station/show built on transparent results…and the SEC would allow hedge funds and mutual funds to join in on the transparency and then we would be able to see, once and for all, who is worth listening to.…because those with verified performance over time can actually help viewers make money.
And if you can’t help viewers make money, then you shouldn’t pretend to…maybe stick a big fat cigarette-style warning on the CNBC ticker: watching this channel is dangerous to your financial health…
So, today, my few thousand readers, stand up and take a stand…don’t flip on CNBC in the name of your children and your children’s children…it won’t mean much in terms of ad $s, but every revolution must start somewhere…today is our independence day!