Is CNBC turning into a group-think nightmare? You get a group of deliberately like-minded people together and, sooner or later, they start talking jibberish, or worse, right?
Today's sample:
The usually sane and calm Maria Bartiromo, 11: 53 a.m.: "What's wrong with a boom and bust economy?"
Larry Kudlow (rejoinder): "Great stuff, Maria"
This was after being treated to Steve Moore of the WSJ crying aloud about deficits, then 'rejoicing' that the Dems would have to raise taxes, asserting that not a single Republican in the House would vote for tax increases.
Party of responsibility?
It's like Nero fiddling while Rome burned. I'm not kidding. They - all the panelists - were laughing.
Same for Pat Buchanan. He can stop whining about what the Reagan Revolution did to American politics, when he is ready to break the 'no new taxes' taboo and, actually suggest that, for the Republic, Republicans might consider new taxes.
Friday, September 11, 2009
The CNBC Echo-Chamber
