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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: ItsAllCyclical who wrote (8150)2/15/2004 11:48:45 AM
From: Jim Willie CB  Respond to of 110194
 
I disagree on CNN Dobbs and "Exporting America"
he is being regarded (as far as I can see) as a gadfly
not taken very seriously by his guests
which seems to lead to frustration on his part
I have never consistently seen a TV anchor rolls his eyes, resort almost to abuse of guests, and show such a level of frustration as to invite suspicion from viewers that the anchor has lost control of his own show, due to emotional response (frustration with govt, with guest, with public apathy)

he cannot understand why his esteemed guests fail to realize that global trade now allows the USA to purchase foreign products and services, and for them to purchase our debts
he is frustrated when he notes guests failing to realize that products for debt is selling America out
they regard it as part of new commerce !!!
Dobbs sees the rising debt levels, the rising levels of foreign-held obligations, and rightly questions the system
he sees nothing "fair" about fair trade
their markets are not buying our output
of course, he hasnt yet proclaimed that "USA makes next to nothing anymore"

no way, this is NOT mainstream
not on CNBC
not on Cavuto's Fox
not on PBS

I think Lou Dobbs is ahead of his time
therefore he is the EARLY ADOPTER and subject to disdain, rebuke, and disbelief
he is regarded as a gadfly clearly
in a year, he will have seemed prescient

I had a telling conversation with my erudite father last night
he said "why just a few months ago, you thought Dobbs was but a media tool, why now do you think HE GETS IT?"

my reply "last summer and early autumn, I saw several of his CNN shows... he spoke of the stimulus at work, the recovery to expect, and we are on the right track... now months later, he seems to be the only anchor to detect that the business cycle is broken, the capital hemorrhage is far along, and outsourced jobs are the critical piece of evidence that something big is broken... now he finally GETS IT, alone among anchors"


I never carry contrarian thought too far
one needs to monitor that Dobbs and his opinion might represent a mere 5% of public opinion
thus, that argument does not wash

/ jim