CNBC (Business Channel) Tonight has Kudlow saying Bomb IRAN because Dow Tanked 100 POINTS!

[KoKo]

According to Kudlow's lead into his show: "Dow TANKED 100 POINTS because JUST RELEASED INFO SAYS: IRAN SUPPYING ARMS TO TALIBAN IN AFGHANISTAN!"

Kudlow was "breathless, huffing and puffing in this HUGE ANNOUNCEMENT! (btw...it was posted on DU on Saturday that Bushies put out TP that "TALIBAN IS BEING SUPPLIED BY IRAN!" and there were very few posts on that thread...but KUDLOW said he GOT THE INFO AT 1:47 p.m. TODAY! (I kid you not...that's what he said).

Anyway he had a Panel of FOUR CNBC STOCK WHORES of which ONLY ONE said..."It would be a BAD IDEA for us to BOMB IRAN...let the Sanctions WORK).

The rest of his Media Whore Panel were saying: "Bomb, Bomb, Bomb...Bomb Iran! "Surgical Strikes" ...Strikes...because they are "evil and have BAD GUYS who want to KILL US!"

I was HORRIFIED! CNBC/GE/MSNBC are PUSHIN BUSH TO "SURGICALLY STRIKE IRAN?"

I listened to the WHOLE SHOW..and it was 3/4ths ...BOMB IRAN...Kudlow even showed the VIDEO's of LIEBERMAN AND McCAIN URGING THE US TO BOMB, BOMB, BOMB IRAN!

Yet, DU'ers knew about this report on Saturday and Larry Kudlow got his "Talking Points" at 2:47 p.m TODAY ...according to HIM...LIAR...LIAR ...PANTS ON FIRE!

[Turbineguy]

1. Larry Kudlow

should be with Faux Noise.

[pscot]

2. Start WWlll in the world'soil patch

Good thinking Lar. The markets will love that. Quel dipshit.

[Captain Angry]

3. This is another example of why people should stop watching CNBC

They are so terribly biased and deceitful in their reporting.

The DJIA dropped so hard because 10 year bond rates rose to their highest point in 5 years, promoting the idea of a rate increase, not the rate decrease they all want so bad.

If those interest rates increase, it will make it more expensive to borrow money. More expensive to borrow money, harder to do LBOs with debt. Less LBOs, less price inflation in the stock market. Less price inflation in the stock market, lower potential returns. Etc.

I mean, if those idiots were to report on the fundamentals of the US stock exchanges, they might have to explain how hedge funds, naked short selling, dark pools, and all that work. Somebody might then mention that many of these methods of making big money on the market are eerily similar to the market conditions in the late 1920's.

- What is a hedge fund now was an Investment Trust in the 20's.
- Naked short selling existed in the 20's because actual certificates changed hands. In the digital age of 2007, there is no excuse for being able to short more shares of a stock than there are in existence. Yet it happens every day.

So they can rail against Iran all they like, it's just their latest way to distract from the real reason to get the hell out of the market. If you think things are great and invest your pretty 401k into the index funds, it helps them clear out at the higher prices.

[TomClash]

4. What's Larry's drug du jour?

It was once coke, then Catholicism - now what?

I fear YOU are being quite perceptive though.

[KoKo]

6. History on Larry was he was Big Honcho at Bear Stearns way back...drugs got him to rehab

and he came back..had relapse then resurfaced on GE/CNBC during the Techie Boom. Then during Bushie Regime he get's his own show where he tout's "Goldilocks Economy" "Aint Free Trade Capitalism GRAND" is how he announces his show every night on GE/CNBC...and he seemed kind of wacky with that but he's GONE OVER THE TOP with his lastest and tonight...he's saying "STOCK MARKET DROPS 100 POINTS" because "Taliban is Getting Arms from Iran" and he'd definitely jumped the Shark.

The show was Lieberman/McCain Video about "Evil Doers in Iran killing our troops" and he stacked the deck with his panal.

I think that the "Dark Side" has finally taken over Kudlow and is giving him the drugs that someone rehabed him from years ago. He's back on the habit and is a Manchurian like Lieberman and McCain.

How much more out of touch can one be if one spouts this stuff ...OR is one so OTT that it has to be Drugs/Booze or Manchurian or combination of all. :shrug:

[Telly Savalas]

5. I'd recommend the Beatles movie Yellow Submarine

as something to watch that's a tad more logical and coherent than Mr. Kudlow. That guy is out to lunch.