Nowhere is [the result of mainstream media bias] more obvious than in the relentless imploding viewership of once financial media titan, CNBC, which lately has become a sad, one-sided caricature of its once informative self, whose only agenda is to get the most marginal Joe Sixpack to dump his hard-earned cash into 100x P/E stocks, and where according to data from Nielsen Media Research, the total and demographic (25-54) viewership during the prime time segment (9:30am – 5:00 pm) just tumbled to 216K and 40K – the lowest recorded viewership since mid 2005 and sliding.
NBC, the bought and paid for Obama network … Now Comcast takes the reigns.
So why the relentless collapse in CNBC viewers, which in turns leads to plunging ad revenues (aside from our observations from last summer on just this topic) and which has forced the station to even resort to muppets as a cheap ratings-boosting gimmick? Perhaps it has something to do with outbursts like this, where 13 minutes into the clip, one Jim Cramer tells the camera point blank when discussing daily market gyrations, and with absolutely no remorse, that “I want everyone to play that game at home by recognizing that fraud is part of the equation and the government cannot stop it.“
That’s right: on one hand CNBC’s most overcaffeinated anchor admits that the market is nothing but uncontrollable fraud, and on the other he beckons viewers and listeners, usually with the assistance of assorted bovine sounds, to “buy, buy, buy.“
Perhaps the greater fool is truly dead, or simply the embedded hypocrisy of the CNBC stock “infomercial” is so transparent that nobody really cares what the Comcast subsidiary’s paid entertainers have to say any more.
Read more at zerohedge.com …