Erin Burnnett: TeaNN's Newest Dismissive Host
Did you know that Erin Burnett has her own show on CNN? I saw Digby's post about it and I got nauseous. I do remember Matthews has a creepy crush on the ex-CNBCer and her telling us that we should be happy China puts lead in their toys and poisons the food we eat back in 2007: CNBC's Erin Burnett: We Need China's Toxic Food And Lead Coated Toys To Keep Economy Strong
Burnett: A lot of people like to say, uh, scaremonger about China, right? A lot of politicians, and I know you talk about that issue all the time. I think people should be careful what they wish for on China. Ya know, if China were to revalue it's currency or China is to start making say, toys that don't have lead in them or food that isn't poisonous, their costs of production are going to go up and that means prices at Wal-Mart here in the United States are going to go up too. So, I would say China is our greatest friend right now, they're keeping prices low and they're keeping the prices for mortgages low, too."
Yes, she worked for CNBC, the network that Jon Stewart chewed up and spit out for their negligent reporting of the financial markets leading up to the great collapse. He made Jim Cramer cry a few days later. (Click the links to see the videos)
Well here comes Erin Burnett. She wants to see what all the fuss if so she goes down to Occupy Wall Street to get to the bottom of this new populist uprising in her shiny new show on CNN. She loves Wall Street since it's been her beat for a long time and by the way, guess who her new hubby is going to be? Anyway, she thinks she's entertaining by taking a glib, mocking approach to the protesters because she doesn't see the point in it. Hey, monies got paid back to TARP, shouldn't you be protesting GM? She asks a protester. Yea, people are really happy that they are out of work in a horrible economy, with good educations since she was interviewing an out of work software designer while the bankers hoard their profits and Wall Street pays out record bonuses to themselves after collapsing the global economy without having to pay a penalty for their crimes.
Don't worry, she's keeping track of the numbers. CNN just added another smug mouthed pundit, who lives a gainfully employed life because she's shilled for Wall Street her entire career and has the audacity to use a cheery smile on camera to try to make fools of the pain America feels. She then mocks Michael Moore because he found her segment childish. How does she mock him? By putting on some weird glasses trying to imitate some protesters who were wearing costumes in occupy New York and asks Moore to not be so serious, I think. Here's the transcript. I have more video afterwards.
MICHAEL MOORE, FILMMAKER: I just don't understand that piece, you know, that new show. These companies, these banks, Goldman Sachs up here, they took billions and billions of dollars of citizens' money, and they ask us to pay for their crime and we're supposed to be OK because some of them have paid some of it back with interest. I mean, it just boggles the mind.
(END VIDEO CLIP)
BURNETT: So, Moore was upset, specifically because of this exchange between me and software developer, Dan, who when I asked him why he was there, said because taxpayers lost money on the bank bailout called TARP.
(BEGIN VIDEO CLIP)
BURNETT: What do you do for a living?
UNIDENTIFIED MALE: I'm a software developer.
BURNETT: Software developer?
UNIDENTIFIED MALE: Yes.
BURNETT: Currently employed or unemployed?
UNIDENTIFIED MALE: Unemployed, we like to call it.
UNIDENTIFIED MALE: It's called "Occupy Wall Street."
BURNETT: So, do you know taxpayers actually made money on the Wall Street bailout?
UNIDENTIFIED MALE: I was unaware of that.
BURNETT: Not on G.M. But they did on the Wall Street part of bailout. Does that make you feel any differently?
UNIDENTIFIED MALE: Well, I would have to do more research about it.
BURNETT: If I were right, it might?
UNIDENTIFIED MALE: Oh, sure.
(END VIDEO CLIP)
BURNETT: OK. Sure, that was sort of funny. But as I said last night, Dan was an earnest person and he wanted facts. And the best we can do all is have accurate information and then have serious conversations, like right now maybe you take me seriously, but now, not so much. So, Michael Moore, come on, please, come OUTFRONT. Let's have some fun..
What the hell is she talking about? This isn't a game. People are suffering. Not her or her fiance or her bankster friends of course. If they don't understand the markets like Burnnett says she does, that's not the point. Wall Street had their debts wiped clean after bilking the public with their corrupt mortgage scandal, which included all sectors including the rating agencies while millions of Americans houses were foreclosed on and forced out of work.