A real collection of fuckheads

[Stinky The Clown]

Virtually every financial "reporter" on all the financial cable channels and print media.

They were all shocked - shocked, I tell you - when the housing market collapsed.

They were all shocked - shocked, I tell you - when the equities market collapsed.

They were all shocked - shocked, I tell you - when this Madoff guy was busted.




They are always shocked. Then they change their tunes. "I knew he was dirty" says that Gasparino dickhead.

Take all your money and put it under your mattress says that screeching moron, Jim Cramer.

Look pretty and do lots of gust shots that say nothing but the fucking obvious, like that airheaded Erin Burnett.

Blame the victims like Larry Kudlow.




These fucks are just cheerleaders for the well monied. They're hoping for a weekend at Jack Welch's Nantucket bungalow.






These guys were supposed to be the canary in the mine shaft. Instead, they're preening peacocks in zoo.






Our financial media in the graveyard that was America

[lapfog_1]

1. There is one guy that I trust.

unfortunately, he isn't on as much as before.

Mark Haines.

Back in the heyday of Squawk Box, you could tell that he didn't really like many of the "talking head" frat boys that they put on his show.

[Warpy]

2. People got suckered because they thought the 90s would last

forever. A 13% per year return on their investment? Sure! Remember the 90s?

I start looking at them funny when they say anything over 6%. Most of my investments return a modest 3% and that's enough to live on.

It seems the only people who are surprised by this are all the great and learned experts who thought it would last forever. We cynics on the poverty stricken and untutored bottom have to rely on common sense and we pretty much knew anything like this was based on a scam and likely to fail spectacularly sooner or later.

I'm just a little surprised by how much later and how quickly it has failed. I had hoped for a slower slide, but that wasn't to be the case. The housing crash exposed the hedge fund scam, and hedge fund investors wanted out. Hedge funds dumped assets to pay them off, and that started a panic selloff by nervous Nellies.

I wish I could tell everybody how low it will go and how long it will last and how best to survive it. Unfortunately, my crystal ball is not that clear.

However, it seems to be a lot clearer than that of our esteemed experts in the financial field. I wonder how it feels to be on television unclothed.

[zbdent]

3. just by sheer coincidence, this came right below

"Once again, Caroline Kennedy causing Commotion in Freeperland:" ...

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=132x7986327