Good article here,
that explains why CNBC, the Financial Channel, is dead. Irrelevant. They still have some interesting stuff, but allow too much time for idiots like Rick Santelli to spout their political crap, as he says, YEAR AFTER YEAR, that Obama is gonna wreck the economy (as the market continues to make new highs) after Bush gave us the worst recession since the Great Depression. Rick claims the Fed policy is gonna give us 'runaway inflation' while DEFLATION is a bigger problem that the Fed has to deal with. Some day, Rantin' Rick may be right, but he's been wrong every day, week, month and year after year for the last six. I just hope his disciples have put their money where his mouth is. They're good and broke now and maybe they'll shut up, but I doubt it. That ilk never does...
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