Talk of The Villages Florida - View Single Post - Anyone else preparing for a big selloff?
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Old 01-10-2025, 01:16 PM
ithos ithos is offline
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Quote:
Originally Posted by Boomer View Post
Thanks. I had never bothered to know the name of that arrogant windbag who is on in the morning on CNBC. When I read your post, I looked him up. Yep. It's Joe Kernen.....
Boomer

My biggest issue was his non stop shilling for Bitcoin. Yes it has taken off after Trump committed to spending taxpay money for some "Strategic Reserve" but many who took his advice were wiped out when it went from 64k to 14k. And he ignored that fact that 90% of transactions are in Tether, a fraudulent stablecoin that has never been audited and also that the only real use case for BTC was for facilitating illicit activity.

There really shouldn't be any editorializing on a business program unless both sides are presented. But there is (or used to be) and he does help balance it out. I like his cynical sense of humor but must admit he lacks the eloquence of the other hosts on CNBC.