Deprecated: Assigning the return value of new by reference is deprecated in /data/9/1/57/101/1220753/user/1301555/htdocs/blog/wp-settings.php on line 520

Deprecated: Assigning the return value of new by reference is deprecated in /data/9/1/57/101/1220753/user/1301555/htdocs/blog/wp-settings.php on line 535

Deprecated: Assigning the return value of new by reference is deprecated in /data/9/1/57/101/1220753/user/1301555/htdocs/blog/wp-settings.php on line 542

Deprecated: Assigning the return value of new by reference is deprecated in /data/9/1/57/101/1220753/user/1301555/htdocs/blog/wp-settings.php on line 578

Deprecated: Function set_magic_quotes_runtime() is deprecated in /data/9/1/57/101/1220753/user/1301555/htdocs/blog/wp-settings.php on line 18

Warning: date() [function.date]: It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected 'America/New_York' for 'EDT/-4.0/DST' instead in /data/9/1/57/101/1220753/user/1301555/htdocs/blog/wp-content/plugins/wp-db-backup/wp-db-backup.php on line 106
In Defense of CNBC | The Richest Man in Town
Warning: strtotime() [function.strtotime]: It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected 'America/New_York' for 'EDT/-4.0/DST' instead in /data/9/1/57/101/1220753/user/1301555/htdocs/blog/wp-includes/link-template.php on line 110

Warning: date() [function.date]: It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected 'America/New_York' for 'EDT/-4.0/DST' instead in /data/9/1/57/101/1220753/user/1301555/htdocs/blog/wp-includes/link-template.php on line 135

Warning: mktime() [function.mktime]: It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected 'America/New_York' for 'EDT/-4.0/DST' instead in /data/9/1/57/101/1220753/user/1301555/htdocs/blog/wp-includes/functions.php on line 41

Warning: date() [function.date]: It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected 'America/New_York' for 'EDT/-4.0/DST' instead in /data/9/1/57/101/1220753/user/1301555/htdocs/blog/wp-includes/functions.php on line 50

Warning: date() [function.date]: It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected 'America/New_York' for 'EDT/-4.0/DST' instead in /data/9/1/57/101/1220753/user/1301555/htdocs/blog/wp-includes/functions.php on line 52

Warning: date() [function.date]: It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected 'America/New_York' for 'EDT/-4.0/DST' instead in /data/9/1/57/101/1220753/user/1301555/htdocs/blog/wp-includes/functions.php on line 54

Warning: date() [function.date]: It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected 'America/New_York' for 'EDT/-4.0/DST' instead in /data/9/1/57/101/1220753/user/1301555/htdocs/blog/wp-includes/functions.php on line 55

Warning: mktime() [function.mktime]: It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected 'America/New_York' for 'EDT/-4.0/DST' instead in /data/9/1/57/101/1220753/user/1301555/htdocs/blog/wp-includes/functions.php on line 41

Warning: date() [function.date]: It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected 'America/New_York' for 'EDT/-4.0/DST' instead in /data/9/1/57/101/1220753/user/1301555/htdocs/blog/wp-includes/functions.php on line 50

Warning: date() [function.date]: It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected 'America/New_York' for 'EDT/-4.0/DST' instead in /data/9/1/57/101/1220753/user/1301555/htdocs/blog/wp-includes/functions.php on line 52

Warning: date() [function.date]: It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected 'America/New_York' for 'EDT/-4.0/DST' instead in /data/9/1/57/101/1220753/user/1301555/htdocs/blog/wp-includes/functions.php on line 54

Warning: date() [function.date]: It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected 'America/New_York' for 'EDT/-4.0/DST' instead in /data/9/1/57/101/1220753/user/1301555/htdocs/blog/wp-includes/functions.php on line 55

In Defense of CNBC

Posted By Randy Jones on
Warning: mktime() [function.mktime]: It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected 'America/New_York' for 'EDT/-4.0/DST' instead in /data/9/1/57/101/1220753/user/1301555/htdocs/blog/wp-includes/functions.php on line 41

Warning: date() [function.date]: It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected 'America/New_York' for 'EDT/-4.0/DST' instead in /data/9/1/57/101/1220753/user/1301555/htdocs/blog/wp-includes/functions.php on line 50

Warning: date() [function.date]: It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected 'America/New_York' for 'EDT/-4.0/DST' instead in /data/9/1/57/101/1220753/user/1301555/htdocs/blog/wp-includes/functions.php on line 52

Warning: date() [function.date]: It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected 'America/New_York' for 'EDT/-4.0/DST' instead in /data/9/1/57/101/1220753/user/1301555/htdocs/blog/wp-includes/functions.php on line 54

Warning: date() [function.date]: It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected 'America/New_York' for 'EDT/-4.0/DST' instead in /data/9/1/57/101/1220753/user/1301555/htdocs/blog/wp-includes/functions.php on line 55
March 30, 2009


Warning: strtotime() [function.strtotime]: It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected 'America/New_York' for 'EDT/-4.0/DST' instead in /data/9/1/57/101/1220753/user/1301555/htdocs/blog/wp-includes/link-template.php on line 110

Warning: date() [function.date]: It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected 'America/New_York' for 'EDT/-4.0/DST' instead in /data/9/1/57/101/1220753/user/1301555/htdocs/blog/wp-includes/link-template.php on line 135

I’m a little tired of Jon Stewart’s CNBC-bashing.  It’s hard to feel sorry for Jim Cramer, but enough already. He’s an entertainer who happens to have a financial background. For many, he makes the world of investing accessible, a little less arcane, and I think that’s a good thing. Following his advice?  Well, caveat emptor. But Stewart is being relentless. I opened the New York Post this morning to see his best joke of the moment.  “If I’d just listened to CNBC, I’d have a million dollars today—provided I started with $100 million.” Funny? Yes. Correct? No. CNBC provides a real service to investors, if you believe knowledge is critical to any kind of tangible success, but they do not force investors to do anything other than perhaps to think. The investor always has to weigh the information he or she receives from any so-called expert: financial magazines, TV news, and most certainly from their financial advisers.  Whatever happened to accepting personal responsibility?  I know that everyone is looking for a scapegoat right now, but CNBC should not be it. I say Jon, stick to funny and let the Columbia Journalism Review and real journalists decide if Cramer and CNBC are the culprits of todays’ financial quagmire.  Don’t shoot the messenger.

Bookmark and Share

About The Author

Randy Jones
W. Randall Jones is the author of The Richest Man in Town. Visit the About W. Randall Jones and About The Richest Man in Town pages to learn more.

Comments