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CNBC - "Things are looking up"

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UnityDem Donating Member (442 posts) Send PM | Profile | Ignore Fri Sep-02-05 09:05 AM
Original message
CNBC - "Things are looking up"
Edited on Fri Sep-02-05 09:06 AM by UnityDem
Those were the words of one of the CNBC anchors this morning when talking about the economy and job reports. Have been watching a lot of CNBC this week. Why? Because these are the people that REALLY MATTER in America and I wanted to get their take on Katrina. The ONLY focus is on the oil and affects on the stock markets (present and future). Many saying that hurricanes are "actually good" for the economy in the long run due to all the money spent on rebuilding efforts. I realize that this is the "business" network and that is their focus. But, geez...there is a total lack of EMPATHY for the people in the gulf. It is ALL about $$$$$$. I guess John Edwards was right - we really do have 2 Americas.
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Crankie Avalon Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-02-05 09:07 AM
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1. His "first thought" was...
"Hmmmmm...time to buy!" Brit Hume, FOX scumbag.
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wtmusic Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-02-05 09:10 AM
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2. Depends what sector of the economy
If you're talking about infrastructure rebuilding (like our friends Halliburton) you've just gotten the icing on your fiscal cake.

If you're in any sector which is fuel-dependent (travel, shipping) or any sector which relies on those (just about everything else) you're screwed.

Fuck CNBC. Their focus is to sugarcoat this and keep people spending too much money. They have been wrong more times on the economy than they have been right.
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still_one Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-02-05 09:10 AM
Response to Original message
3. CNBC have always been a bunch of whores
sure it is primarily the business branch of NBC, but they are just shrills for the * administration

Bloomberg is so much better

Forget CNBC, they are a propaganda mouth piece


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Ripley Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-02-05 09:12 AM
Response to Original message
4. I had the exact same thought yesterday.
I flipped by that channel and saw the dow only lost 21 points. How perfectly that showed that the haves will do well by this and the have nots will suffer and plunge into more hard times.

One day soon it's gonna bite those have mores on the ass tho and it ain't gonna be temporary!
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jus_the_facts Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-02-05 09:15 AM
Response to Original message
5. THIS IS REALITY.....
http://www.wben.com/newsroom/fullstory.php?newsid=03648

"They have M-16s and they're locked and loaded," she said. "These troops know how to shoot and kill, and they are more than willing to do so, and I expect they will."

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The White Tree Donating Member (630 posts) Send PM | Profile | Ignore Fri Sep-02-05 09:25 AM
Response to Reply #5
6. Looking at that image and that statement
caused the idea to pop into my head of the vehicle in the image having a radio blaring playing a modified version of the Queen song, "We Will Rock You" except the song was actually saying, "We will, We will Shoot You"

Not a good thought for a Friday morning.
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jus_the_facts Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-02-05 09:38 AM
Response to Reply #6
7. ......

http://www.wben.com/newsroom/fullstory.php?newsid=03648
"We are out here like pure animals. We don't have help," the Rev. Issac Clark, 68, said outside the New Orleans Convention Center, where corpses lay in the open and the and other evacuees complained that they were dropped off and given nothing — no food, no water, no medicine.

CBS News Correspondent Lee Cowan reports that in the heart of New Orleans' medical district, some of the most decorated hospitals in the country have become islands of desperation.

"We're down to one day's rations… That's all we have," Dr. Steven Morse of LSU told Cowan.

About 15,000 to 20,000 people who had taken shelter at the convention center to await buses grew increasingly hostile. Police Chief Eddie Compass said he sent in 88 officers to quell the situation at the building, but they were quickly beaten back by an angry mob.

"We have individuals who are getting raped, we have individuals who are getting beaten," Compass said. "Tourists are walking in that direction and they are getting preyed upon."

In hopes of defusing the unrest at the convention center, Mayor Ray Nagin gave the refugees permission to march across a bridge to the city's unflooded west bank for whatever relief they can find. But the bedlam at the convention center appeared to make leaving difficult.

Meanwhile, officials declared a public health emergency along the Mississippi coast due to unsafe drinking water, and surveyors say the town of Waveland, 35 miles from New Orleans, was completely obliterated by Hurricane Katrina.

National Guardsmen poured in to help restore order and put a stop to the looting, carjackings and gunfire that have gripped New Orleans in the days since Katrina plunged much of the city under water.

Although more Guardsmen are on the way, CBS News Correspondent John Roberts reports that there's still a surprising lack of force on the ground and the mayor fears the city will be gripped by anarchy.

CBS News National Security Correspondent David Martin reports that with 40,000 National Guard troops already called up for duty, the Army is making preparations to send in as many as 10,000 combat troops from the active duty force.

In a statement, Nagin said: "This is a desperate SOS. Right now we are out of resources at the convention center and don't anticipate enough buses. We need buses. Currently the convention center is unsanitary and unsafe and we're running out of supplies."

Homeland Security Secretary Michael Chertoff said the government is sending in 1,400 National Guardsmen a day to help stop looting and other lawlessness in New Orleans. Already, 2,800 National Guardsmen are in the city, he said.

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