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5/8/13, "Friendly Reminder: CNBC Viewership Plunges To Eight Year Lows," Zero Hedge
"By now it is well known that the ubiquity of central planning...in capital
"markets", has made trading stocks in a rigged casino a sucker's game-one that retail investors have decided to shun, and nearly 5 years after
Lehman have still to come back in any size to the stock market....
According to data from Nielsen Media Research, the total and
demographic (25-54) viewership during the prime time segment (9:30am -
5:00 pm) just tumbled to 216K and 40K - the lowest recorded viewership
since mid 2005 and sliding.
"Jim Cramer tells the camera point blank when discussing daily market gyrations, and with absolutely no remorse, that "i want everyone to play that game at home by recognizing that fraud is part of the equation and the government cannot stop it."
That's right: on one hand CNBC's most overcaffeinated anchor admits
that the market is nothing but uncontrollable fraud, and on the other he
beckons viewers and listeners, usually with the assistance of assorted
bovine sounds, to "buy, buy, buy."
Perhaps the greater fool is truly dead, or simply the embedded
hypocrisy of the CNBC stock "infomercial" is so transparent that nobody
really cares what the Comcast subsidiary's paid entertainers have to say
any more."...
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