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1 Political Atheist  Fri, Sep 2, 2011 8:42:34am

If we are dependent on our cable pundits to show the way, we are doomed indeed.

2 mikiesmoky2  Fri, Sep 2, 2011 10:34:27am

re: #1 Rightwingconspirator

If we are dependent on our cable pundits to show the way, we are doomed indeed.

Unfortunately, you, apparently, are unaware that comments from these people affect the markets and perceptions of viewers.

Further, you didn’t respond to the seconds part of: “You have failed, miserably, to comprehend the provenance of our economics and, along with our “leadership” (Presidency and legislature), are driving an automobile with an opaque windshield.”

I.e., the Presidency and legislative branch are in the same vehicle.

And, lastly, you reflected no curiosity regarding my statement, “By the way, the answer is not complicated.”

Thanks for your comment.

mz

3 Political Atheist  Fri, Sep 2, 2011 3:07:16pm

re: #2 mikiesmoky2

Unfortunately, you, apparently, are unaware that comments from these people affect the markets and perceptions of viewers.

Further, you didn’t respond to the seconds part of: “You have failed, miserably, to comprehend the provenance of our economics and, along with our “leadership” (Presidency and legislature), are driving an automobile with an opaque windshield.”

I.e., the Presidency and legislative branch are in the same vehicle.

And, lastly, you reflected no curiosity regarding my statement, “By the way, the answer is not complicated.”

Thanks for your comment.

mz

Okay I have some extra time.
Rather than argue about what I’m aware of let me share some cable ratings data with you. CNBC gets about 170,000 to 180,00 viewers. (source tvbythenumbers) That is out of a potential 114.5 million (source Nielsen) CNBC ranks very poorly among its peers.

Not exactly vast influence now is it? From the ratings I conclude that the influence is not anything I need to worry about.

I did not respond to “provenance of our economics” as we have more than adequately covered that in the past. We have also discussed your ideas on the “simple answer” to fix the economy. So I did not choose to discuss it further. As far as your automobile analogy, well it suits your opinion reasonably.

BTW as long as we are discussing responses, I have no less than 3 pages to day that actually got featured by the host for general discussion. You have not responded to any of those at all. You have not responded to any other pages but your own hardly at all.

Could you kindly explain how it is you call me out for responding to your page today only in part, when you have responded to none of mine at all?

4 mikiesmoky2  Fri, Sep 2, 2011 3:43:29pm

re: #3 Rightwingconspirator

REGARDING: CNBC gets about 170,000 to 180,00 viewers. (source tvbythenumbers) That is out of a potential 114.5 million (source Nielsen) CNBC ranks very poorly among its peers.
Not exactly vast influence now is it? From the ratings I conclude that the influence is not anything I need to worry about.


RESPONSE: There are quantitative and qualitative numbers.
If we accept only the quantitative numbers, it appears that your “conclusion” has merit, but if we measure by applying the qualitative nuance, your numbers are probably misleading.
The evidence is that there are too many immediate market responses to many comments made during the market day to not appreciate the power of those “talking heads”.
Unfortunately, they are financial reporters, not economists.

I don’t mean to slight the importance of your or anyone else’s postings. I don’t have the time or interest in any matter other than our current economics, since our economics is analogous to the air we breathe. We need a healthy economic environment to enable all else to function as well as possible.
Employment, GDP, living conditions, government deficits and debts, et cetera are all derivatives of our economics.
If we heal our economic malaise, these derivatives should be resolved.

Thank you,

mz


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