I saw most of it the first time it was on - it's an in-depth report about the housing and banking crisis and why and how the mess was created.
It Airs again:
Sunday, March 1st Midnight ET
Sunday, March 15th 9p ET
Here's the page about it with some video previews, etc.
http://www.cnbc.com/id/28892719?__source=vty|houseofcards|&par=vty
Set your TIVO, VCR, etc. It is fairly complicated and I may try to watch it again. Did anyone else see it?
CNBC's House of Cards Special
Discussion in 'Political Debate & Discussion' started by LadyEagle, Feb 28, 2009.
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CNBC would not be my choice of stations to carry an unbiased report on this subject.
So, I ask you.
Liberal victimology or factual and even handed? -
Surprisingly, I thought it was fairly even handed. I was flipping thru the channels and happened to land on it, so being it was CNBC, I was prepared to be skeptical. But it turned out to be a pretty good, though complicated piece.
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Okay children, let's get grown-up again.
Ken, CNBC's analysts largely come from solid Keynsian presuppositions/theorists. You know better than that. I think you've been watching too much Kudlow :laugh: -
Enough of the personal comments and squabbles.
Stay on the topic. -
Let's try this and see if it works: Anyone who watches CNBC knows that it is not pro-big corporations, pro-rich people, definitely a Republican kind of channel as it does not favor the middle- and working-class folks.
As with all news channels, CNBC has its problems, and this story may or may not be accurate. But let's at least note the true nature of CNBC. -
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Perception is not reality.
Some people will claim that a network is biased because they disagree with their conclusions. In some cases, that claim will be right, but not because they disagree with conclusions, but because they are actually biased.
Studies during the last election showed a clear bias in the MSM by studying positive and negative stories about the respective candidates. So someone might say, "X network is biased because they told a bad story about McCain." But that in and of itself is not evidence of bias.
In this case, someone can claim that CNBC is pro-big corporations and pro-rich (which I am not sure why that would be bad, even if it were true), but the facts don't really bear that out it seems to me. That is a conclusion based on one's own biases, rather than on an objective study of the facts.
Now if someone has a story or a study to back up this theory, that would be worth looking at. But one hasn't been offered. -
Bias is not bad - but it is a fact. What seems pro-big corporation to one may not seem that way at all to another.
Who is right? The truth is probably somewhere in the middle. -