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Miraculous! Even on the Bloomberg Financial Channel, which is an open bar of Wall Street Koolaid....

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marmar Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-04-08 08:29 AM
Original message
Miraculous! Even on the Bloomberg Financial Channel, which is an open bar of Wall Street Koolaid....
..... one of the analysts said he expects the economy to really hit the skids this summer.

If they're acknowledging it..... :scared:

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begin_within Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-04-08 08:32 AM
Response to Original message
1. So it's finally reaching the ruling class... guess it's time to do something about it.
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still_one Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-04-08 08:41 AM
Response to Original message
2. I disagree, Bloomberg has NEVER been an open bar of the Wall Street Koolaid
Edited on Fri Apr-04-08 08:42 AM by still_one
in fact it is about the ONLY station that will present not only balanced business news, but also regular news.

You should have just saw them interview the administrations council on economic affairs, Lazear, being grilled by the bullshit that was spewing from his mouth

Now, if you have CNBS doing, then that is unique, because CNBS is the ultimate propaganda machine

but not Bloomberg


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Tandalayo_Scheisskopf Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-04-08 09:06 AM
Response to Reply #2
3. I have listened to Bloomberg a lot in the past...
At a friend's shop. He kept it on as he day traded while he worked at his shop(S&P index and commodities). I would sit there with my mouth open listening to some of the rah-rah bullshit that they had on there, leading "the little guy" down the primrose path.

My friend now live down south. He calls me every Sat. night and usually tells me I got it right on where the economy was gonna end up.

Bloomberg's skirts are hardly clean.
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still_one Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-04-08 10:43 AM
Response to Reply #3
4. I have listened to it for years also, and they have ALL views, bear and bull
In my view CNBS is the crock

but that is cool, it is what makes a ball game

We will agree to disagree

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bryant69 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-04-08 11:20 AM
Response to Reply #3
6. I'm not exactly sure what your criticism of bloomberg is
When where they gung ho on the economy? In what time frame?

The Economy is cyclical - you can predict that it will recover from this recession and that after that recovery there will be another downturn.

Bryant
Check it out --> http://politicalcomment.blogspot.com
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liberal1973 Donating Member (964 posts) Send PM | Profile | Ignore Fri Apr-04-08 11:14 AM
Response to Original message
5. lol tell me something I don't all ready know
:)
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