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We watch CNBC.....so You Don't Have To

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With a viewership largely made up of people with fiscal holdings much larger than the GDP of many mid-sized nation states, and a fierce determination to protect their wealth at all costs, CNBC obviously knows which side its scones are buttered upon and its daily programming of late has been fixated on the deadly Fiscal Cliff to the virtual exclusion of everything else.

Your humble scribe has been following the boys and girls at Wall Street Central ever since they decided that it was their life's mission to try and get the Fiscal Cliff dealt with by putting together a 24/7 wall of information designed to frighten the hell out of the masses.  Little mentioned has been the fact that the folks trying to do the frightening just might have a vested interest in the outcome.

Prolonged exposure to this stuff can cause your eyeballs to warp and your hair to hurt.  So as a public service for this holiday season as we enter into the final six days of potential chaos leading up to the ghastly abyss which lies ahead, here is a brief summary of a typical day of broadcasting at CNBC.


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