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CNBC Lowers Bar Again

BARTIROMOIt’s become something of a custom for CNBC personalities to be silly and/or ignorant, but it’s generally on matters related directly to monetary policy or the markets (except for the Fast Money crew, those guys are cool). It’s rare that any of the CNBC peeps get to flaunt their half-witted chops outside the confines of the network’s rather limited subject matter, but when they do, it’s gold. Such as today, when everyone’s favorite Money Honey displayed a kind of shocking lack of comprehension of what Medicare even is. Pardon the bias, HuffPo never claimed to be objective.

At one point, Bartiromo was critical of the government-managed health care system in the United Kingdom. “How do I know the quality [of health care in the United States] is not going to suffer” with a public option? she asked. (more…)

Jingle Bells – The Fiscal Cliff Remix

By DJ Matt King from Citigroup
Jingle bells (fiscal cliff remix)
Dancing on the edge
Of the looming fiscal cliff
Impossible to hedge
The politicians’ tiff.
It’s spending cuts we need
To cut the deficit
But taxes too must rise
That much is definite!
Fiscal cliff, fiscal cliff
Drama all the way!
Surely sense will soon prevail
And help them meet halfway? Hey!
Fiscal cliff, fiscal cliff
Washington at play
With Congress so polarized
Who knows which way they’ll sway? (more…)

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