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This story first appeared in TheNation.com

The headline that topped the Drudge Report Tuesday morning had frightening news for its millions of readers: yet another credit ratings agency downgraded America’s debt, this time to “C”—at or near “junk” status in the letter-rating scales used by the big three ratings agencies, Standard & Poor’s, Moody’s and Fitch. Clicking on the link takes the reader to a CNBC article [1] headlined, “US Debt Rating Should Be ‘C’: Independent Agency.” (more…)

May 5th, 2011 | Comments (25)

How FreedomWorks Gave The Teabaggers A Dirty Sanchez

This afternoon, groups of angry conservatives will gather on street corners and in parks across the country to protest. They will carry signs and deliver speeches expressing outrage over the Democrats’ stimulus bill, over entitlements, over budget pork, over taxes….

April 15th, 2009 | Comments (35)

Thanks to the slam dunk investigative piece by your humble correspondents, Rick Santelli was forced to cancel his appearance on the Daily Show last night, leading to this massively-blogged segment ripping Santelli and CNBC a gigantic bleeding asshole. If words…

March 5th, 2009 | Comments (16)

Jim Cramer Destroyed CNBC Viewers’ Wealth In Just 4 Days

CNBC’s Jim Cramer has positioned himself as yet another champion of the people against the evil government. A couple of days ago, the method-actor/ CNBC host of “Mad Money” stirred up a hullabaloo when he pretended to be angry and…

March 5th, 2009 | Comments (42)

CNBC Bitch-Slaps Santelli Into Line, FreedomWorks Admits It Organized “Grassroots” Tea Parties, Jon Stewart Cancels Santelli & Megan McArdle Queefs On Our Founding Fathers

Our article last Friday exposing the familiar old rightwing corporate machine behind the fake “tea party” protests, and Rick Santelli’s highly questionable role as the one-man MC for the protests’ launch event, wound up crashing the tea party’s mojo, and…

March 2nd, 2009 | Comments (46)

Exposing The Rightwing PR Machine: Is CNBC’s Rick Santelli Sucking Koch?

This article first appeared on Playboy.com Chris Matthews: “You’re up there with Rush Limbaugh and Sean Hannity… It’s quite a team.” Rick Santelli (smiling and nodding): “It is quite a team!” Hardball, MSNBC, Feb 20, 2009 Last week, CNBC correspondent…

February 27th, 2009 | Comments (74)

CNBC: A Dumb, Perky Cheerleader for the Team That Stole Our Money

There aren’t a huge number of constants in the world of finance. First of all, that word, finance, includes a guy sitting in a cube cold-calling retirees while he’s working at Fidelity. It also includes Larry Fink, the CEO of…

February 24th, 2009 | Comments (13)

This Dumbfuck Drudge Hero Rick Santelli Told CNBC Viewers Last September That America’s Economy “Absolutely Will Get Healthy” … Just Before It Crashed!

Today, Drudge and the rightwingers are going crazy red-alerting CNBC’s Rick Santelli as some kind of righteous anti-Obama freemarket revolutionary. There’s a clip of him standing in the middle of the Chicago Exchange, yelling: “The government is promoting bad behavior!…

February 19th, 2009 | Comments (19)