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To: wagglebee

"We thought we needed to compete with CNBC, but they're dead."

- Roger Ailes

That's a keeper!

15 posted on 07/25/2004 2:04:46 PM PDT by we_will_prevail
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To: wagglebee; we_will_prevail

I would love to see Ailes start up a financial news channel that is fair and balanced. I would bet it has a positive affect on the markets.

CNBC tries to stay apolitical. But markets are not apolitical. For example INVN was a soaring stock post-911 until Daschle's wife forced L3 onto airport security planners and L3 systems were unreliable! How many people knew that?

Bloomberg is not bad. Both CNBC and Bloomberg are on the superficial end of the spectrum. Louis Rukekeyser's Wall St. week is excellent.

I won't bother to comment on CFN as I have never really watched it.

Neil Cavuto does an excellent job covering all sides of a story. He doesn't let bashers and pumpers of stocks get away without backup. But he doesn't have enough time to cover the markets adequately.

There's alot of political influences on the markets. From Canadian tariffs to immigrant labor in the agricultural industries to union griping about outsourcing. A Fox financial news channel could lend their famous brand of balance to financial issues just as they do for general news.


56 posted on 07/25/2004 5:34:12 PM PDT by Hostage
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