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It's really almost impossible to fix the mess that is financial TV because the on-air blowhards slavishly believe in unlimited power and money for corporations, and they hold average American families as a means to an end. But Barry Ritholtz has some ideas -- some of them we've written about before.

Barry Ritholtz list sixteen steps:

Over the past 5 years, I have appeared on various Financial TV shows over a 100 times. But I am also a huge consumer of financial news, in print, on the web, radio, and of course, TV. Being on both sides of the camera gives me a fairly good perspective on what does and doesn’t work on TV. I also have some strong ideas as to what is good and bad TV in terms of providing a social utility, being part of the democratic process, etc.

Indeed, this is a longstanding interest of mine. Over the weekend, I referenced the current Columbia Journalism Review (CJR) issue that focused on the role of the media in the credit crisis, stock market and economic collapse (CJR on CNBC, WSJ & Business Press). This area has long interested me (hence, our media panel at TBP conference). But I was surprised this post generated 100 comments from readers.

One emailer challenged me on CJR’s CNBC piece: “Its easy to complain, but what would you do to “fix” Financial Television?”

Challenge accepted. Here are my general suggestions as to how to “fix” what needs repair on not just CNBC, but all FinTV.

How to Fix Financial Television...Read on

He's got some really good ideas. I already proposed a Punditocracy Ombudsman to clean up the talking heads that constantly give us false information and then are welcomed back on the set as if they are geniuses.

C&L's Accountability for the Punditocracy Proposal

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Mike's Blog Roundup

The Left Coaster: You want to talk patriotism?

Prairie Weather: We didn't want to know about the credit crisis years ago, and we don't want to hear about the food crisis now.

The Aristocrats: Now sit down and grow up

AverageBro: Why you should never ask a rapper about politricks: Exhibit S-N-double O-P

The Pump Handle: How'd that C8 get into your blood?

The Poor Man Institute: People with unfortunate last names are making sense.



Mike's Blog Roundup

Brilliant at Breakfast: The next wave of credit crisis

Corrente: The Responsible Plan, and a challenge

Gun Toting Liberal: Is Obama a Muslim or merely a bad Christian with a (former) scary black pastor? WTF is wrong with the bread and circuses pedaling stewards of our public discourse?

Black Agenda Blog: The beginning of Apartheid's end...

OFF THE BEATEN PATH: I Am TRex, earthfamilyalpha, The Daily Banter, Random thoughts



Mike's Blog Round Up

This is Bob Morris of Politics in the Zeros on my last day guest blogging. Big thanks to Nicole and bluegal for their help. I've known John and Mike since way before blogging and it's been great watching C&L turn into the influential powerhouse that it is.

Florida schools parked their money in a state-run fund that "invested" in risky SIVs. Now the fund is near-bankrupt , the state has halted withdrawals, and schools can't make their payrolls. The blameless are getting maimed by the credit crisis.

In the end, will it be She Who Is Inevitable? Should we practice saying "Madame President"?

With a Cola-Cola plant in Atlanta sucking up huge amounts of water and a nuclear reactor and coal power plant down the river doing the same, the southeast faces major problems because of the drought. How do you cut back? And is the world ready to do so?

What the U.S. can learn from Uganda.

Finally (tooting own horn), here's my review of John Robb's groundbreaking book, "Brave New War: The Next Stage of Terrorism and the End of Globalization." Welcome to open source decentralized swarming warfare or, as he puts it "what if warfare was reinvented and nobody bothered to tell the Pentagon?" It might change the way you look at the world. It did for me.



Mike's Blog Round Up

This is Bob Morris from the eco-Leftie Politics in the Zeros - it ranges from antiwar to global warming - guest-blogging today.

Deer Hunting With Jesus is subtitled "Dispatches from America's Class War." The author, who grew up redneck and became a "godless commie", wonders how the Right got the votes of poor whites. Maybe because the Left was asleep? His #1 advice - stop preaching about guns.

Breakthrough favors government spending of $50 billion a year for 10 years developing better, cleaner sources of energy and transportation because private enterprise and reducing energy use can't do it all.

Greviously injured in WWII, his life was saved by a doctor who survived the Armenian genocide. He was the first senator to bring forth a resolution to recognize the genocide. His name may surprise you.

The subslime mortgage debacle is metastasizing into a worldwide credit crisis that some say could trigger a systemic financial meltdown, no joke.

Former House member Cynthia McKinney wants the Green Party 2008 presidential nomination.

Send those tips to bob (at) polizeros (dot) com.