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Ann Coulter on Fox's 'Bulls and Bears'; And Murdoch wants the WSJ,

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ProgressiveEconomist Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jun-09-07 09:46 AM
Original message
Ann Coulter on Fox's 'Bulls and Bears'; And Murdoch wants the WSJ,
even though his flagship financial CTV show now provides NO financial content, just right-wing propaganda?

IMO, a few years back "Bulls and Bears" was almost essential Saturday morning viewing for investors.

But, over time, more and more of its 22 non-commercial minutes per week became devoted to wacko right-wing politics. I've continued to watch it for its unintentional humor, and to chart its continual decline in quality as a financial show.

Until this morning, it had declined to about four or five minutes of financial content. But, unbelievably, today Rupert Murdoch and "Bulls and Bears" producers have managed to reduce financial content to ZERO on its flagship financial show.

The "Stock Exchange" and "Prediction" segments were devoted to guest ANN COULTER's stock picks, and featured Coulter's prediction.

With his huge bid for control of Wall Street Journal under a public microscope, one would think Murdoch would be on his best behavior regarding financial reporting in his current holdings. What would he be doing on "Fox News" without the current scrutiny? And what would the Wall Street Journal become under Murdoch?
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BlueManDude Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jun-09-07 10:02 AM
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1. CNBC isn't much better.
Analysts who aren't sufficiently Bullish are often ridiculed there.

CNBC is basically a 24 promotional channel for the financial services industry.

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ProgressiveEconomist Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jun-09-07 10:13 AM
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2. You've got a point there. Even loosest-lips Jim Cramer never says anything
against Goldman Sachs or other rapacious M&A operators, although he often refers sarcastically to "government of, by, and for the corporations".

Still, there's a difference between bullish bias and Ann-Coulter level wacko right-wing propaganda. I prefer GE/CNBC's subtler bias, even though GE may have had a lot more sway over American politics over the last sixtty years.

Have you read "The Education of Ronald Reagan"? It's eye-opening about how much influence GE's Lemuel Boulware may have had on Ronald Reagan, and about how subsequent Boulwarism has led "Reagan Democrats" to vote against their own economic interests.
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MidwestTransplant Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jun-09-07 10:27 AM
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3. I hope somebody shares this with the family that has controlling int erst in the Dow Jones
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ProgressiveEconomist Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jun-09-07 12:52 PM
Response to Reply #3
4. I doubt any "FOBs*' surf GD. Maybe if this thread were on the 'Greatest Page'
it might get some blog attention.

*FOBs="Freiends of the Bancrofts"
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