I have been watching less and less of CNBC. I can barely watch the FastMoney weenies. I try for 10 minutes and get so disgusted that I can only turn it off.

But today I thought I would watch Squawkbox, and Squawk on the Street again. David Faber talked about something that I feel crossed the line. His thing today was, "Hey it might be bad here, but it is worse over there". WTF? David, please tell me the value this provides other than schadenfreude?


He would not stop and focused in on Switzerland and Sweden. WTF! He said how exposed Switzerland is and how it could collapse and such. Again David, please tell me what the added value is on this? Or could it be David that you are trying to help out some buddies short the Swiss Franc?

I live in Switzerland and I feel I know this country fairly well. While the exposure is large and it has been a discussion, Switzerland != Iceland. I also feel the comparison is quite unfair.

Essentially what David Faber was comparing to was GDP to debt exposure. What David Faber should have considered is how much assets Switzerland has. For example did you know that the 300 richest people equals the Swiss GDP? Do the 300 richest American’s equal 14 trillion dollars? Not even close! I am not saying Switzerland good, and America bad. I am saying that you cannot make such a comparison! The Swiss have virtually NO DEBT…

I feel CNBC crossed the line because they did an Apples to Oranges comparison and it makes me wonder why he did that. Outside of showmanship I can’t see any reason other than helping his buddies short Switzerland…

CNBC has become one big showmanship show and lacks value…

I like to keep in touch with the market and relied on CNBC. BUT now I can turn off CNBC because of this fabulous new application from Bloomberg. I have an iPod Touch (or iPhone), and the Bloomberg Apple App. This is an amazing application! You get to see the latest news, and follow the market. It is truly a game changer and allows me to NOT watch CNBC…