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A TV Financial "Journalist" Translation Tool

Location: Blogs Bob O'Brien's Sanity Check Blog    
Posted by:   bobo 3/2/2006 4:31 PM

Note: The poll so far is showing that folks like the cartoons, although my instinct is not to overdo them. So, this will be the last one for a while - this is a little fun on a Friday, lampooning some of our friends (colleagues, I would argue if they want to subpoena me) in the press.. Vote, if you haven't, and at the end of the day, we'll see how it all turns out.

-----------------

What is the difference between what you see on TV, and what goes on in real life?

Specifically, if you see a bombastic buffoon bouncing off the walls of his set, what does any of it mean? Can anything be trusted? Is it theater, or journalism?

We heard from a number of supposedly responsible NY media sources all about how Chairman Cox had rebuked his Enforcement division, was going to withdraw the subpoenas, that Enforcement had overstepped their authority by issuing them – and then Cox comes on CNBC and basically says that is all BS. So who, and what, can you believe?

Besides me, that is?

I mean, if the talking heads are doing nothing but parroting some agenda cooked up by a bunch of billionaire hedge fund miscreants trying to spin events to the positive, how do you know what the truth really is?

These are weighty and important questions, and I have devoted considerable thought to them. And I think I have some answers.

In the spirit of spreading enlightenment, the Easter Bunny offers up some examples of what is voiced by the gibbering baboon on the screen, and what is actually really being expressed by that “TV personality”.

Now please note, before everyone gets all hot and heavy, this isn't necessarily lampooning Cramer. I mean, not necessarily. It could be anyone, Cramer, Mary, whoever. This is intended to be about generic Financial "Journalists" that have their own show and jump around like over-stimulated gibbons - not necessarily Cramer. OK? So no whining...

This is a tool to build bridges, and help folks understand. That's all.

Think of it as a Translation Engine – on the left is what is said, and on the right is the translation:

idiot.GIF

idiot3.GIF

idiot6.GIF

idiot7.GIF

idiot8.GIF

idiot5.GIF

idiot9.GIF

idiot2.GIF

Copyright ©2006 Bob O'Brien
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Comments (20)
Re: A TV Financial "Journalist" Translation Tool By captspell on 3/3/2006 8:36 AM
He will take the 5th. for sure. Only way out for him now. Most likely followed by lots of 5ths of his favorite adult beverage. I don't know. He sure sniffs a lot. Probably has a cold.
Re: A TV Financial "Journalist" Translation Tool By nowiggleroom on 3/3/2006 8:51 AM
I like the cartoons. Your tongue in cheek satire is just what the dr. ordered.

sentiment:

NSS and FTD is the real enemy.
Re: A TV Financial "Journalist" Translation Tool By pinkice on 3/3/2006 9:00 AM
Noticed CNBC roundtable this morning before the market opened toned their barbs down considerabley when discussing OSTK. Although IMHO still bent to the side of the "journalists" Joe K. and group sounded like they had been advised to tone it down.

that water bottle that Cramer drinks out of soon will be filled with vodka IMHO. perhaps he should interview Martha and get some tips from her surviving the junglewalls. maybe he should want to go to jail, his TSCM stock could then go up like MSO did when Martha served time. heh Donald Trump could even sponser an apprentice show for him!!! Trump, did you realize you helping him run the TSCM stock price up by supporting him just so his trust could dump it before the supoena's became public.

Bobo and PB we need to stick to the point of frontrunning of stocks and the FTD/Reg Sho issues. DTCC needs to be held accountable as a clearinghouse to be trusted by the public, which they are not IMHO at this point. DTCC does not fool anybody at this point, only way to come clean is to disclose the shares. A CEO has the right to know about how his/her stock trades both long and short.

Re: A TV Financial "Journalist" Translation Tool By Cramer'ssuspiciousmole on 3/3/2006 9:06 AM
You think he's a little chemically fortified? Sniffy sniffy? I always thought it was too much caffeine. Besides, this isn't about Cramer, right? Right?
Re: A TV Financial "Journalist" Translation Tool By troydian on 3/3/2006 9:08 AM
imo...cramer thinks its the seventys and he is MC at studio 51
Re: A TV Financial "Journalist" Translation Tool By Kevin on 3/3/2006 9:25 AM
Bob -

What are your thoughts about the published quotes from Jack Byrne? Was someone easedropping and reporting it to the press? I can't see Jack or Patrick allowing a anyone to think there was any problems between the CEO and Chairman, let alone the family.

Notice how quicklly every news outlet reported it.

Interesting, Very interesting...
Re: A TV Financial "Journalist" Translation Tool By Lynetta on 3/3/2006 9:34 AM
Wow! You oughtta patent that translation engine, Bob. It's PERFECT!

As usual, the precision of your articulation on this issue is spot-on.
Re: A TV Financial "Journalist" Translation Tool By bobo on 3/3/2006 9:39 AM
I haven't talked to patrick about that. I don't really know what to make of it - or even how much of it is true, or what the context was. Having seen the number of ways that reporters are dishonest, I take everything I see these days with a huge dose of skepticism, as there are a lot of ways to twist things, or claim something was said that wasn't.

But let's return to the topic at hand. Financial journalists, and their penchant for lying...
Re: A TV Financial "Journalist" Translation Tool By mfairview on 3/3/2006 10:17 AM
Actually the question from Kevin is salient.

Google News on:

"ostk court" - i count 6 hits.

and

"ostk john byrne" or "ostk father" - oh about 130 hits
Re: A TV Financial "Journalist" Translation Tool By InTheKnow on 3/3/2006 10:56 AM
CNBC to do a bit on Dumpster Diving! I wonder if they're going to to do a bit on Jesse Essing!
Re: A TV Financial "Journalist" Translation Tool By IntheKnow on 3/3/2006 10:57 AM
Sorry about that spelling... Jesse Eisinger!
Re: A TV Financial "Journalist" Translation Tool By clearthinker on 3/3/2006 11:04 AM
the lack of coverage of the OSTK victory is important, I certainly hope that folks at the SEC are taking note of the one sided nature of the coverage of Overstock by CNBC, as it relates to whatever info Linda Thomsen had that made her move on Remond, Greenberg and Cramer...As far as I am concerned, let CNBC continue to ignore the court case...it just highlights the problem with their bias....
Re: A TV Financial "Journalist" Translation Tool By dave on 3/3/2006 11:06 AM
The fastest way to get the corrupt hedge funds and "journalists" arrested is to keep the pressure on the master manipulator pulling the strings and the DTCC.

Both the DTCC and the master manipulator will sacrifice whoever they need to in hopes of saving themselves.

I think this is coming from Dow Jones. Who controls DJ?

I was really surprised to see Cramer's article:

http://www.editorandpublisher.com/eandp/search/article_display.jsp?schema=&vnu_content_id=1001772888
Re: A TV Financial "Journalist" Translation Tool By mhelburn on 3/3/2006 11:25 AM
Print journalism is a dinosaur. And there are plenty of people in India who can write English. We are seeing more and more bylines from there. Globalization of newsrooms is just more competition. Media for the masses. Entertainment in Rome was degraded to watching gladiators fight to the death and Lions eating humans. CNBC is the emotional equivalent of violence. The yelling, distortion, the outright lies makes it undigestible. It is all ads. They spend more time advertising what is coming up next than producing what is next.
Re: A TV Financial "Journalist" Translation Tool By dave on 3/3/2006 11:36 AM
There are more native English speakers in India than in North America. It is a common first language there.

Only 49 sites linking to this site that google knows of. We need thousands. The number of incoming links determines how close to the top this site appears in a search.

http://www.google.ca/search?hl=en&q=link%3Awww.thesanitycheck.com&meta=

Also, the main comment out of two in Alexa is from Gary Weiss.

Install the toolbar and post a comment to help this site's rankings.

http://download.alexa.com/index.cgi

I don't like toolbars either, but you can run it for a couple weeks to get the ranking up, then uninstall later.

Re: A TV Financial "Journalist" Translation Tool By dave on 3/3/2006 11:43 AM
Alexa has no idea what sites people are visiting without having the toolbar installed. In other words, each person that uses Alexa could represent 10,000 people when they calculate their stats and ranking.
Re: A TV Financial "Journalist" Translation Tool By Just Someone on 3/3/2006 12:32 PM
I love the cartoons
Re: A TV Financial "Journalist" Translation Tool By trash talking on 3/3/2006 1:21 PM
http://www.nypost.com/business/60445.htm
Re: A TV Financial "Journalist" Translation Tool By cynabear on 3/3/2006 4:13 PM
Dave, talk to me if you would about the toolbar...what is it...how is it helpful and will it install a "cookie overload" ? thanks
Re: A TV Financial "Journalist" Translation Tool By smuopr8r on 3/3/2006 4:14 PM
Agree that the impact of the medium could loose a bit if over-used, but would like to see Patrick's naked shorting presentation redone in a crayola, paint-by-numbers sort-of genre. Again, just so that even a 4 year old can understand it...

It's funny to watch the successive waves of skeptical backlash, then realization, as the evidential truth washes over the newcomers to the topic...persistent shorting of Reg SHO stocks for which there are no shares to deliver...it just could be any more plain, could it?

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