{"id":354,"date":"2009-03-09T10:10:24","date_gmt":"2009-03-09T14:10:24","guid":{"rendered":"http:\/\/000af36.netsolhost.com\/wordpress1\/2009\/03\/09\/business-media-chimes-in-cnbc-is-a-joke\/"},"modified":"2009-03-09T10:10:24","modified_gmt":"2009-03-09T14:10:24","slug":"business-media-chimes-in-cnbc-is-a-joke","status":"publish","type":"post","link":"http:\/\/griendling.com\/wordpress1\/2009\/03\/09\/business-media-chimes-in-cnbc-is-a-joke\/","title":{"rendered":"Business Media Chimes In: CNBC is a Joke"},"content":{"rendered":"

Now you have MarketWatch.com \u2013 a Dow Jones web site, for God\u2019s sake \u2013 saying CNBC deserves the ripping they\u2019re getting.  This was posted<\/a> at 7:30 and already has 200 comments chiming in.<\/p>\n

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The network’s mistaken priorities have made it an easy target for the incisive [comedian Jon] Stewart. CNBC can look like a television outfit that values the presentation of news mainly as entertainment. CNBC appears to use ESPN’s "SportsCenter" show as a model for its own "Squawk Box," in which people sit around the shoot the bull on the headlines of the day. <\/p>\n

CNBC loses sight of the idea that the public takes investing, and the economy, much more seriously than sports fans debate baseball or football headlines. A recession can make investors snap to attention real fast, you see. <\/p>\n

\u2026CNBC’s priorities are clearly out of whack. <\/p>\n

As Dan Mitchell wrote on Slate’s \u2026"The Big Money" site: "The overall vibe of CNBC — with its ‘money honeys,’ Jim Cramer’s inane frothing, and the lunkheaded frat boys on ‘Fast Money’ treating economic news like a football game — is stupid." <\/p>\n

CNBC has much to answer for and be embarrassed about. The network has gone overboard in its effort to dumb down business news for the masses. <\/p>\n

CNBC should know better by now and have a keener understanding of what its audience needs. After so many once-hot technology stocks crashed and burned a decade ago, CNBC’s personalities were castigated for having acted as cheerleaders for the shooting stars of the equities market. <\/p>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"

Now you have MarketWatch.com \u2013 a Dow Jones web site, for God\u2019s sake \u2013 saying CNBC deserves the ripping they\u2019re getting.  This was posted at 7:30 and already has 200 comments chiming in. The network’s mistaken priorities have made it an easy target for the incisive [comedian Jon] Stewart. CNBC can look like a television… Read More<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/griendling.com\/wordpress1\/wp-json\/wp\/v2\/posts\/354"}],"collection":[{"href":"http:\/\/griendling.com\/wordpress1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/griendling.com\/wordpress1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/griendling.com\/wordpress1\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/griendling.com\/wordpress1\/wp-json\/wp\/v2\/comments?post=354"}],"version-history":[{"count":0,"href":"http:\/\/griendling.com\/wordpress1\/wp-json\/wp\/v2\/posts\/354\/revisions"}],"wp:attachment":[{"href":"http:\/\/griendling.com\/wordpress1\/wp-json\/wp\/v2\/media?parent=354"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/griendling.com\/wordpress1\/wp-json\/wp\/v2\/categories?post=354"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/griendling.com\/wordpress1\/wp-json\/wp\/v2\/tags?post=354"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}