Friday, March 6, 2009

Jon Stewart skewers CNBC

For better or worse, I don't own a TV, so I don't have the distinct pleasure of having CNBC or what the money manager and author of Greenspan's Bubbles, William Fleckenstein, refers to as bubblevision distracting me. It also means I don't have my daughter wondering who is that man having temper tantrums on TV?


Still, CNBC, and its personalities, are not that well known outside hard core viewers, until Rick Santelli launched his now famous rant at the Chicago Mercantile Exchange. Then, Jon Stewart, of The Daily Show, struck and showed how satire can again be one of the most incisive tools to understand a phenomenon -- and how CNBC helps make its viewers poorer.




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