StanCollender'sCapitalGainsandGames Washington, Wall Street and Everything in Between



CNBC Blows It On Bowles-Simpson

21 May 2012
Posted by Stan Collender

CNBC isn't for everyone. But I've had it on it my office almost since the day it began, have been a frequent guest since it's earliest days, and think highly of a large number of its people in front of and behind the camera.

Which is why this story from Jeff Cox on CNBC.com was such a disappointment. Cox made the same mistake that others have made...or he drank the same Kool Aid the B-S Cult wants everyone to drink...when he said in his story that the commission had agreed to a report to reduce the deficit.

As regular CG&G readers know, the B-S commission did not issue or agree on a report. The two co-chairs recommended something but that wasn't even voted on let alone actually approved. Eleven of the commission's 18 members informally indicated they supported the co-chairs' recommendation, but there was no vote and the recommendation wasn't approved.

What was most disappointing was Cox's reaction when I tried to point out his mistake. His email back to me said that the fact that the recommendation (he called it a "report") didn't get the required votes was "a parliamentary issue" and that I was "overheated" about it not being approved.

No...I'm not overheated. What I am is is tired of B-S supporters claiming that it was a success and implying that the co-chairs' recommendation was accepted when the truth is that it was rejected and the B-S commission failed as badly as the hardly-super committee.

CNBC can do better. There was no B-S report and saying that there was... apparently intentionally...was a mistake that mislead readers.

It feeds into their "both

It feeds into their "both sides are equally to blame" narrative so of course they run with it.

"Informal agreement" my ass, the GOP still won't stand up to Grover (great Muppet, terrible political hack).


B-S

I'm surprised that you singled out CNBC. The B-S thing has been a part of the bushwah narrative for a couple of months now. Joe Scarborough has lied about it many times. One day he said the B-S report was delivered to Obama's desk and he failed to sign it.


Stan, You must know by

Stan,

You must know by now, these people believe in mythology. Not hard facts. Mr Cox demonstrated this with his email explanation. The Media and the news isn't about facts anymore, its about entertainment.

Therefore my suggestion is for you to get rid of your cable all together. I cut the cable in January 2012, and haven't missed it at all. Decrease in viewers, equal decrease in ad dollars leads to decrease in bad reporters.




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