Down With CNBC! Up With David Sirota!

I stand with Jon Stewart, looking at CNBC, and saying "F..k You!!!" The people of this country have been hammered for many years by banks which are at least scheming, if not scamming, and by faulty investment advice rendered by "gurus" as on CNBC. The financial hammering has been made worse because of the globalization of free trade, a concept for which CNBC has served as a squad of cheerleaders. They get rich, America gets hammered.

The ugly games of the elite become more exposed every day, and even the mainstream commentators are now (with 20/20 hindsight) changing their tune to sound more like the dissidents who warned us of this crisis ahead of time. "We have to produce more than we consume" sounds like conventional wisdom of the 1980s, but in recent years it seems a trademark of Congessman Ron Paul (R-TX). The establishment, too busy cheerleading for bubbles that were unsustainable, took "old school" conventional wisdom and marginalized it as "not politically correct."

For another example, "We should not have free trade with a nuclear-armed, communist superpower" sounds like conventional wisdom of the 1980s, but in recent years it seems a trademark of the China Support Network, Chinese dissidents, and myself. The establishment, too busy cheerleading for bubbles that were unsustainable, took "old school" conventional wisdom and marginalized it as "not politically correct."

Ron Paul and I are two among many, many people who would tell you, "To live on credit only invites maxing out the credit lines." That sounds like conventional wisdom of the 1980s, but in recent years it became "politically incorrect," because the establishment hates to be inconvenienced by facts which challege their own spin-doctored reality, and which challenge the sociopathic policies behind the spin.

2009 is an interesting year of change. Some amount of sanity is returning as commentators analyze the financial meltdown. CNBC's Larry Kudlow is, in my view, the most corrupt man on television -- and, I despair of any reform for him. He will likely continue cheerleading for bubbles that are not sustainable. But, his credibility is down and Ron Paul's is up these days.

The market now includes space for a new wing of level-headed commentators, to balance out the corrupt cheerleaders and sell outs. The former type -- level headed commentators -- are the kind of pundits whom I would like to encourage in their careers. Recently, I was enthused to learn that MSNBC is considering a 10p.m. show, to be hosted by David Sirota. Yes, I would care to encourage his career, and I sent an email to MSNBC in support of his selection.

I want to suggest to my readers that you can do the same by going to: http://tinyurl.com/b3okvp

If you haven't heard of him, Sirota is a syndicated columnist, has authored a couple of New York Times bestseller books, and he is sort of a left-progressive hero. Most importantly, he stands for sanity in U.S. trade policy. He fights against NAFTA / CAFTA / WTO / PNTR. For me, that cements his appeal. As noted above, the mantra of the China Support Network, where I am Founder / director emeritus, is "We should not have free trade with a nuclear-armed, communist superpower."