CYellBC

CNBC got to have the most puzzling programming strategy of all television stations. They say that their viewers are wealthy investor yet they have shows like Mad Money and The Suzy Orman Show where viewers call in and get yelled at as if they were foolish children. I am not saying that the advice given in these shows are bad but that they are stuff that your friendly neighbourhood banker or broker would tell you. And they will not yell at you or lecture you. Yelling, in this case, passes for authority. The louder these people yell, the more they convinced themselves that they are providing great services. There are certainly masochists out there, and they no doubt watch these shows. It is a relief to know that their viewership is low. The sad thing though is that these masochist viewers do not sound anything like wealthy investors but greedy working people—the worst sufferers of a market downturn. These shows, particularly Mad Money, get them into the market and ready them for the slaughter. No wonder CNBC’s viewership drops in the market downturns—most of their viewers have to pawn their TV. But then they do not need it anymore, their family and themselves can yell at them for losing everything.