Posts Tagged ‘CNBC’

Ralph Gorton in Rossion Supercar  on Car ChasersThe guy on the right in the picture here is Ralph Gorton, who owns the Just Looking Gallery in San Luis Obispo, CA, a gallery where I’ve shown my work for three years now.  I had a solo show there in late 2012 and my work has done really well in California thanks to Ralph and Ken at the Just Looking Gallery.  It’s been a great ride but getting to know Ralph a little bit has been a real kick.

He is a a larger-than-life character in all ways, including the height that helped him become a Division I basketball star in his college days.  He is known to be an astute  entrepreneur, a lover of art, a well-known college basketball coach and mentor, an athlete, a father and husband, a mountain climber and wilderness explorer, a sometime model (there’s a story there!) and a world-class storyteller.  And a pretty good guy , to boot

I think he would be a perfect specimen for reality television.  Well, tonight he makes it there on The Car Chasers on CNBC at 10 PM.  It’s a show where they try to locate specific cars for would be buyers and Ralph is in the market for a Rossion Supercar, a limited edition hand built sportscar built here in the US that has crazy speed.  Zero to sixty in 2.8 seconds.

Here’s a link to a short clip from tonight’s episode.

And in case you were wondering what it feels like to go from 0-60 in under 3 seconds, here’s a video from Tesla who makes a new electric four door sedan with the ability to do just that. It gives you the immediate reactions of a few normal folks who were also wondering.

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jonstewartevisceratescnbcsantellionLong night.  Epic television, ending with seeing the Syracuse Orange finally overcome the Connecticut Huskies in 6 overtimes.  At the end, the teams were so exhausted that at times they looked like they were on the Bataan death march.  Great, great game- an instant classic.

But the highlight of the night was not a slam dunk or a buzzer-beater.

On Comedy Central’s The Daily Show, host Jon Stewart gave CNBC money guru Jim Cramer a basic cable ass-whipping.  He dressed him down from the very beginning and never let up.  But it was a controlled, logical beatdown, not the hyperbolic confrontations we’ve become so accustomed to seeing on politically-based cable television.

I’m not going to go into every detail of the interview as it’s available online and should be seen in full.  Stewart basically called out CNBC and Cramer for their complicity in enabling those who would sell the  safety of the long-term investments of multitudes of investors for a short-term windfall.

Cramer’s defense was tepid at best, leaving my wife to finally turn to me and say, “What a pussy.”

It’s a sad commentary that such an important and serious discussion has to be addressed on Comedy Central.  Maybe this points out the need for more regulation in the financial sector.  What I mean by this is that journalism should be self-regulating by its very nature but when it is compromised to reperesent the interests of one group over another, it no longer  serves its intended function and, in fact, becomes detrimental.  If journalism cannot maintain a degree of self-regulation then how can anyone expect the financial world to do so?

Even today, there has been barely a mention of this much-touted showdown between Stewart and Cramer.  On CNN, when there was a mention the host still didn’t get it, portraying Cramer as merely a weatherman making forecasts.  

The difference is that the weatherman can’t manipulate the weather in the way that Cramer claimed he could manipulate the market as  a hedge-fund manager in a 2006 video.  That’s a big difference…

Sorry if this is a little disjointed.  I’m a little tired from a late night.  Anyway, I’ll leave you with a very funny parody of Glenn Beck from Stephen Colbert.  Here is……………THE DOOM BUNKER!

Go, Orange!

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