Thanks to physics and my choice of living way out in the sticks, I gratefully cannot get cable TV and my antenna doesn't pick up the local ABC affiliate. Sure, I miss a college football game here or there, but I can live with that.
Since I don't know what ABC did on Saturday in their coverage of President Trump's defense team's arguments before the Senate, I can’t comment on it, but here's how NBC, FOX, and CBS handled it. NBC's local affiliate (Knoxville, TN) had NO COVERAGE at all. It was supposedly delegated over to their secondary network, but, despite looking for it, I never saw it. FOX's local affiliate offered NO COVERAGE AT ALL.
CBS covered the trial for the first hour on their primary broadcast channel, but then apparently had given their affiliate (again, Knoxville, TN) the choice to switch to local programming, which they did. I managed to only miss a minute of Jay Sekulow's arguments when they switched the impeachment coverage over to their secondary channel, frantically flipping through channels to find the proceedings.
Those unfamiliar with over-the-air digital broadcasting will note that the major networks offer a number of channels of over-the-air broadcasts. They are designated by numbers, as in 12.1, 12.2, 12.3, where 12.1 would be the primary channel, with the network's complete national lineup plus local affiliate time slots. The other channels are usually delegated to secondary or tertiary offerings, employing programming from programmers such as CW, MeTV, Grit, Bounce, Start, Ion, Court TV, etc.
Some of these programmers, such as CW, offer a variety of in-house productions, but the bulk of them are reruns of time-worn sit-coms, dramas, Westerns, or variety shows. MeTV, for instance, offers up a steady diet of everything from The Beverly Hillbillies to The Flintstones.
The national networks likely have authority to cut into the programming of their secondary offerings whenever they feel it's necessary, during emergencies or when there's a programming conflict. Saturday's airing of the Senate impeachment trial apparently was deemed to be one of those times.
Now, mind you, when the Democrats were presenting the PROSECUTION, they had hours of wall-to-wall coverage on their primary network channels. There was no switching over and cutting into the programming of the secondary channels. But, apparently, in the executive offices of NBC and the other national networks, decisions were made that the defense arguments by the president's legal team were of little to no importance. Thus they were brushed aside in favor of facial cream advertisements, local sports shows, cartoons, or other innocuous programming.
I don't know if anybody else noticed the obvious bias of the networks, but if there was ever an argument to be made for pulling their FCC licenses, this would be it. Along with the obvious bias of CNN and MSNBC, which are cable-only "news" outlets, ABC, CBS, NBC, and FOX are over-the-air networks which serve a large proportion of poor, middle-class, and especially, rural America. These networks are mis-serving the public and should have their licenses pulled, or, at least, reviewed.
The propaganda - including some smarmy legal analyst on CBS lying, after the proceedings, that Obstruction of Congress is a CRIME (it is not), and Major Garrett, prior to the hearing, promoting the notorious "heads on a pike" statement, saying it was his reporting and that he stands by it - is universally leftist, to a degree that broadcasters from the former Soviet Union are no doubt jealous.
-- Fearless Rick
Showing posts with label CBS. Show all posts
Showing posts with label CBS. Show all posts
Sunday, January 26, 2020
Wednesday, November 23, 2016
Media Lied, Trump Won, Markets Soared
How did the media get it so wrong?
That was outlined a month before the election, right here on Money Daily and confirmed when Donald Trump won the presidential election on November 8.
The simple truth is that the media was lying, about Clinton, about Trump, about the polls, about, well, just about everything, and the public caught onto the scam and ran the other way.
Good thing, but it's not over.
One other thing the media was widely disparaging was Trump's effect on the markets. Sorry to say, they had it all wrong again. Since election day, the S&P has gained 65 points, the Dow is up a whopping 650 points, the NASDAQ ahead by 188 points and the NYSE Composite has added 306 points.
Recall how the American public was being told by the TV media and national newspaper corps (should be corpse) that a Trump victory would leave the market in shambles and possibly send the economy spiraling into a recession.
The only thing going down the drain is the quality, reliability and honesty of news reportage in America, if that's at all possible. Prior to the election, the mainstream media had already sunk so low it was going to be difficult to get down any further into the stink-hole of bias and fear-mongering, but, by almost openly supporting Hillary Clinton, they not only demolished themselves, but their candidate with it.
The markets are doing just fine, thank you. All of the news anchors on NBC, CBS, ABC, FOX, CNN and anyone we may have missed, should be summarily fired. There's a job for which Trump is ideally suited: firing incompetent cheaters.
Short trading day Friday. See you after the holiday weekend.
--FR
At The Close, Wednesday, November 23:
Dow: 19,083.18, +59.31 (0.31%)
S&P 500: 2,204.72, +1.78 (0.08%)
NASDAQ: 5,380.68, -5.67 (-0.11%)
NYSE Composite: 10,835.90, 15.72 (0.15%)
That was outlined a month before the election, right here on Money Daily and confirmed when Donald Trump won the presidential election on November 8.
The simple truth is that the media was lying, about Clinton, about Trump, about the polls, about, well, just about everything, and the public caught onto the scam and ran the other way.
Good thing, but it's not over.
One other thing the media was widely disparaging was Trump's effect on the markets. Sorry to say, they had it all wrong again. Since election day, the S&P has gained 65 points, the Dow is up a whopping 650 points, the NASDAQ ahead by 188 points and the NYSE Composite has added 306 points.
Recall how the American public was being told by the TV media and national newspaper corps (should be corpse) that a Trump victory would leave the market in shambles and possibly send the economy spiraling into a recession.
The only thing going down the drain is the quality, reliability and honesty of news reportage in America, if that's at all possible. Prior to the election, the mainstream media had already sunk so low it was going to be difficult to get down any further into the stink-hole of bias and fear-mongering, but, by almost openly supporting Hillary Clinton, they not only demolished themselves, but their candidate with it.
The markets are doing just fine, thank you. All of the news anchors on NBC, CBS, ABC, FOX, CNN and anyone we may have missed, should be summarily fired. There's a job for which Trump is ideally suited: firing incompetent cheaters.
Short trading day Friday. See you after the holiday weekend.
--FR
At The Close, Wednesday, November 23:
Dow: 19,083.18, +59.31 (0.31%)
S&P 500: 2,204.72, +1.78 (0.08%)
NASDAQ: 5,380.68, -5.67 (-0.11%)
NYSE Composite: 10,835.90, 15.72 (0.15%)
Sunday, February 22, 2015
Sunday Morning News Shows Have Become Un-Watchable, Unbearable
Money Daily stopped being a daily post blog in March, 2014. While the name remains the same, the posts are now on an intermittent basis, as conditions warrant, though it is advised to read the archives (from 2006-2014) regularly, even daily, for insights and historical perspective.
Maybe it's just me.
Maybe I've gotten too old (61), too cranky, or too intolerant to listen to government and media morons every Sunday morning, or, to put it into closer perspective, ANY SUNDAY MORNING.
Today, since I can no longer stomach NBC's Meet the Press, I tuned into FoxNews Sunday, which airs at the same time in my market (thank goodness). After just four minutes of hearing why President Obama needs to call ISIS (ISIL) "Islamic Extremists," I was done. Is that kind of devolved worthless introspective what the news media (propagandists) deems important?
Or, maybe I should just sit through it, listen to the usually empty talking heads and the next potential Republican candidate for the 2016 presidential election and make my life choices based upon the trite script the networks wish to foist upon the American public.
That just doesn't seem to be a wise choice. Besides, we have the Brian Williams incident leading the indictment against mainstream news. Televised media, which took over when people stopped reading newspapers, is a hollow hell-hole of disingenuous political nonsense. Just watch any of these Sunday shows, or, a week's worth of evening news on ABCBSNBC, and count how many stories are devoted to government matters. It's nearly all of it.
Is that all that matters in America, anymore? What the government is doing?
Sorry, I'm tuning out.
There's better news coverage from alternative sources on the internet, and, I don't mean 140 characters on Twitter.
Rant over, and I still have 40 minutes of my life left that I used to spend "keeping up."
Glory!
Maybe it's just me.
Maybe I've gotten too old (61), too cranky, or too intolerant to listen to government and media morons every Sunday morning, or, to put it into closer perspective, ANY SUNDAY MORNING.
Today, since I can no longer stomach NBC's Meet the Press, I tuned into FoxNews Sunday, which airs at the same time in my market (thank goodness). After just four minutes of hearing why President Obama needs to call ISIS (ISIL) "Islamic Extremists," I was done. Is that kind of devolved worthless introspective what the news media (propagandists) deems important?
Or, maybe I should just sit through it, listen to the usually empty talking heads and the next potential Republican candidate for the 2016 presidential election and make my life choices based upon the trite script the networks wish to foist upon the American public.
That just doesn't seem to be a wise choice. Besides, we have the Brian Williams incident leading the indictment against mainstream news. Televised media, which took over when people stopped reading newspapers, is a hollow hell-hole of disingenuous political nonsense. Just watch any of these Sunday shows, or, a week's worth of evening news on ABCBSNBC, and count how many stories are devoted to government matters. It's nearly all of it.
Is that all that matters in America, anymore? What the government is doing?
Sorry, I'm tuning out.
There's better news coverage from alternative sources on the internet, and, I don't mean 140 characters on Twitter.
Rant over, and I still have 40 minutes of my life left that I used to spend "keeping up."
Glory!
Friday, August 10, 2012
Our Dysfunctional Economy Won't Be Repaired Until Bankers Go to Jail
The popular phrase, "it's better to light a candle than curse the darkness," was once spoken in public by Peter Benenson, the English lawyer and founder of Amnesty International, at a Human Rights Day ceremony on 10th December 1961. There are disputes over the origin of this nugget of wisdom, some attributing it as an "ancient Chinese proverb."
Whatever the case, Mr. Benenson, and the American Christopher Society, which adopted the phrase as its motto, certainly had meritorious intentions in keeping to the spirit of the words.
When it comes to our current economic climate and the out-of-control, corrupt worldwide banking and political liaison, the cabal of bankers and politicians are the darkness, and, as much as one tries to be at all times civil, they need to be cursed.
Market manipulations aside, this week could well have been the utter, disgusting end of years of rigging, price, fixing, fraud and associated crimes, none of which having been prosecuted.
It's been mentioned in this space before that the end of manipulation is eventual failure or stagnation and this week was a prime example. Sure, it's summer and the height of vacation season, but the entire range of trade over the past five days on the Dow Jones Industrials was 115 points. On the NASDAQ, 45 points, while the S&P 500 vacillated between a low of 1391 and a high of 1406, which, incidentally, was close to where it closed on Friday. The S&P finished higher every day this week, though the biggest gain was a whopping seven points.
By the way, all of todays gains were made in the final 40 minutes of trading and the day's volume was embarrassing. Free and fair markets - that's what we used to have in the United States. What we have now is a dangerous, insider-controlled contrivance.
Were there a way to "light a candle" amidst the fraud that has enveloped our financial, political and media systems, it would probably be blown out in an instant. We the people are seemingly bred to watch, listen, obey and not ask questions. The banking elite, however, can do no wrong, as evidenced by a number of stories which emerged from the flotsam of the week that wasn't.
On Tuesday, the CFTC shut down a four-year-long investigation into silver market manipulation, focusing on JP Morgan and HSBC, saying there was insufficient evidence to bring any charges.
Thursday, the US Department of Justice decided not to pursue criminal charges against Goldman Sachs or any of its employees on mortgage securities fraud, concluding "that the burden of proof to bring a criminal case could not be met based on the law and facts as they exist at this time.” The investigation, which took over a year, was prompted by Goldman Sach's CEO Lloyd Blankfein testifying to a congressional panel that the firm actually took the opposite sides of trades that they sold to their clients. But, that's not sufficient for the bought-and-paid-for invisible man, Eric Holder, to bring a case forward. (Here's an idea: to help balance the budget, why not just shut down the DoJ? They apparently aren't interested in prosecuting anybody connected with the financial industry for anything. Big savings there.)
Thursday night, CBS ran, as the second story on their nightly national "news" broadcast, that the housing market was finally recovering (this probably was the sixth or seventh time over the past two years the shills at CBS had run such a story). Why then does Gary Shilling suggest that existing home prices could fall another 20%?
Flood of Foreclosures Could Cause Home Prices to Drop 20%: Gary Shilling
So, make up your own mind. Is the banking system, government oversight and the media working for you and your fellow citizens? Or are there two levels of justice in the USA (and probably everywhere else): one for rich bankers and one for the rest of us? Can we really trust our leaders to do the right things for the people? Or are we caught up in a fascist corporotocracy that feeds upon individuals for the benefit of the rich and powerful?
Go ahead and curse the darkness, because it needs to be cursed. Then light a candle. Take care of your family and friends and do something for yourself, like buying some raw land, growing some of your own vegetables, or investing in physical gold or silver.
To close out the week, or, if you're in need of additional reinforced rancor over the weekend, check out the latest Keiser Report, with Max Keiser and Stacy Herbert, below:
Dow 13,207.95, +42.76 (0.32%)
NASDAQ 3,020.86, +2.22 (0.07%)
S&P 500 1,405.86, +3.06 (0.22%)
NYSE Composite 8,042.59, +17.58 (0.22%)
NASDAQ Volume 1,568,909,750
NYSE Volume 2,586,105,500
Combined NYSE & NASDAQ Advance - Decline: 2753-2759
Combined NYSE & NASDAQ New highs - New lows: 153-43
WTI crude oil: 92.87, -0.49
Gold: 1,622.80, +2.60
Silver: 28.06, -0.04
Whatever the case, Mr. Benenson, and the American Christopher Society, which adopted the phrase as its motto, certainly had meritorious intentions in keeping to the spirit of the words.
When it comes to our current economic climate and the out-of-control, corrupt worldwide banking and political liaison, the cabal of bankers and politicians are the darkness, and, as much as one tries to be at all times civil, they need to be cursed.
Market manipulations aside, this week could well have been the utter, disgusting end of years of rigging, price, fixing, fraud and associated crimes, none of which having been prosecuted.
It's been mentioned in this space before that the end of manipulation is eventual failure or stagnation and this week was a prime example. Sure, it's summer and the height of vacation season, but the entire range of trade over the past five days on the Dow Jones Industrials was 115 points. On the NASDAQ, 45 points, while the S&P 500 vacillated between a low of 1391 and a high of 1406, which, incidentally, was close to where it closed on Friday. The S&P finished higher every day this week, though the biggest gain was a whopping seven points.
By the way, all of todays gains were made in the final 40 minutes of trading and the day's volume was embarrassing. Free and fair markets - that's what we used to have in the United States. What we have now is a dangerous, insider-controlled contrivance.
Were there a way to "light a candle" amidst the fraud that has enveloped our financial, political and media systems, it would probably be blown out in an instant. We the people are seemingly bred to watch, listen, obey and not ask questions. The banking elite, however, can do no wrong, as evidenced by a number of stories which emerged from the flotsam of the week that wasn't.
On Tuesday, the CFTC shut down a four-year-long investigation into silver market manipulation, focusing on JP Morgan and HSBC, saying there was insufficient evidence to bring any charges.
Thursday, the US Department of Justice decided not to pursue criminal charges against Goldman Sachs or any of its employees on mortgage securities fraud, concluding "that the burden of proof to bring a criminal case could not be met based on the law and facts as they exist at this time.” The investigation, which took over a year, was prompted by Goldman Sach's CEO Lloyd Blankfein testifying to a congressional panel that the firm actually took the opposite sides of trades that they sold to their clients. But, that's not sufficient for the bought-and-paid-for invisible man, Eric Holder, to bring a case forward. (Here's an idea: to help balance the budget, why not just shut down the DoJ? They apparently aren't interested in prosecuting anybody connected with the financial industry for anything. Big savings there.)
Thursday night, CBS ran, as the second story on their nightly national "news" broadcast, that the housing market was finally recovering (this probably was the sixth or seventh time over the past two years the shills at CBS had run such a story). Why then does Gary Shilling suggest that existing home prices could fall another 20%?
Flood of Foreclosures Could Cause Home Prices to Drop 20%: Gary Shilling
So, make up your own mind. Is the banking system, government oversight and the media working for you and your fellow citizens? Or are there two levels of justice in the USA (and probably everywhere else): one for rich bankers and one for the rest of us? Can we really trust our leaders to do the right things for the people? Or are we caught up in a fascist corporotocracy that feeds upon individuals for the benefit of the rich and powerful?
Go ahead and curse the darkness, because it needs to be cursed. Then light a candle. Take care of your family and friends and do something for yourself, like buying some raw land, growing some of your own vegetables, or investing in physical gold or silver.
To close out the week, or, if you're in need of additional reinforced rancor over the weekend, check out the latest Keiser Report, with Max Keiser and Stacy Herbert, below:
Dow 13,207.95, +42.76 (0.32%)
NASDAQ 3,020.86, +2.22 (0.07%)
S&P 500 1,405.86, +3.06 (0.22%)
NYSE Composite 8,042.59, +17.58 (0.22%)
NASDAQ Volume 1,568,909,750
NYSE Volume 2,586,105,500
Combined NYSE & NASDAQ Advance - Decline: 2753-2759
Combined NYSE & NASDAQ New highs - New lows: 153-43
WTI crude oil: 92.87, -0.49
Gold: 1,622.80, +2.60
Silver: 28.06, -0.04
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