Thursday, August 6, 2009

8/6/09 to squawk@cnbc and powerlunch@cnbc
Hey guys, what do say we break this story wide open!

For wide release: CNBC is not a financial news reporting medium.

They've been infiltrated by Fox, and we all know what kind of reporting that mentality leads to. On July 23, 2009, a blogger at gawker.com writes about "How CNBC Dennis Kneale Begged For Blogger Bile". The article isn't important except to say that in that article Ryan Tate writes, "After Kneale's repeated on-air outbursts against bloggers, ..., Kneale told our sources who spoke privately with him that the crusade [to beat up on bloggers] was dreamed up by his [CNBC] producer, former Fox News man Jerry Burke ..."

First of all, isn't NEWS as in fox news really a quite a euphemism? I'd prefer to think of news as in unbiased reporting of the facts. Therein I suggest we at CNBC stop hiding in the shadows and just come out.

I've been writing on occasion to complain about the likes of Larry Kudlow and his tainted partisan ranting. I've never questioned his intelligence, but he's about the farthest thing from a reporter and he's a very poor facilitator. While interrupting and even shouting over his guests, I say he's down right rude. He'll cut them off and cut to his final comments when he doesn't like their point of view, which is distastefully similar to Bill O'Reilly's behavior.

So, if we're not reporters at CNBC and we're really just sounding boards for the far right, then let's be honest about it. I don't ever feel quite this way about Bloomberg, hmmm.

In fairness, there are plenty of very good reporter/anchors at CNBC. Becky, Carl, Joe, Rick, Steve, Bill and Sue are among them. These folks aren't there to push a political agenda. A hint of their bias may peek through, but that would be done tastefully and I've NEVER heard any of these aforementioned rudely interrupt a guest! Check my facts for yourselves, just run the tapes. Do it, because your program's success depends on it. You can take your choice, do you appeal to the intelligent investor or some other class of viewer. I can tell you that many of us are way too busy to be fed partisan garbage. Get off it and get back to providing real information to your viewers.

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