Video: CNBC analyst totally incoherent
posted at 8:06 pm on May 20, 2009 by Allahpundit
A palate cleanser direct from beautiful Crazytown, USA courtesy of Business Insider. The guy to watch is Jeff Macke. In fairness, this is the logical end result of The One’s economic policies: The less economic certainty there is, the more likely it is that market watchers will go cuckoo for Cocoa Puffs trying to predict who’ll be bailed out, or purchased, by the government tomorrow.
Don’t be too hard on him in the comments. By Friday night, after a week without Ed to carry some of the burden, I’ll sound like this too.
Blowback
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Cough cough, you already do AP….. ;p
doriangrey on May 20, 2009 at 8:10 PM
Video isn’t working it seems.
Rebar on May 20, 2009 at 8:10 PM
Cocaine.
the_nile on May 20, 2009 at 8:10 PM
Allah babbling incoherently. Someone need to record that!
upinak on May 20, 2009 at 8:11 PM
Actually, it has been a very interesting and entertaining week on HotAir. Thank you.
Blake on May 20, 2009 at 8:12 PM
hang in there, AP. you’re doing great!
homesickamerican on May 20, 2009 at 8:12 PM
Whoa. Was that a complimentary comment from Blake? A Hot Air first!
Allahpundit on May 20, 2009 at 8:13 PM
Liar.
Blake on May 20, 2009 at 8:14 PM
Civilization ends!
It’s true though — lots of good posts. Drink a nice six pack of Bass Ale this weekend, AP — you’ve earned it.
Unless of course you opt for appletini’s instead. Light on the “tini” too.
blatantblue on May 20, 2009 at 8:14 PM
What’s with the CNBC logo smack-dab in the middle of the screen?
toliver on May 20, 2009 at 8:15 PM
Seriously, it’s been a nice pace for your readers — and I don’t mean slow. Actually, its been pretty snappy. It might have been hell for you… but tough.
Blake on May 20, 2009 at 8:16 PM
Whoa….someone is kinda’ tweaked.
He was right about that.
NeoKong on May 20, 2009 at 8:17 PM
AP , i’ve enjoyed this week. however, i like to start early in the a.m. (i’m on the east coast) & you run a little later than Ed.
but that’s my only teensie weensie complaint.
kelley in virginia on May 20, 2009 at 8:17 PM
It’s not just Obama’s policies that are the problem. The entire system is corrupt and going to fail.
Riposte on May 20, 2009 at 8:17 PM
His floor is littered with Red Bull and Monster cans.
blatantblue on May 20, 2009 at 8:17 PM
You mean YOUR floor is littered with Red Bull and Monster cans. Are you done with finals?
Blake on May 20, 2009 at 8:19 PM
and AP has had some good help from guest commentators. they’ve been great too.
let’s all suck up to AP so he’ll let us talk trash about Michelle, my belle!. please.
kelley in virginia on May 20, 2009 at 8:19 PM
He is brilliant. I know exactly what he means. I feel the same way sometimes.
tommylotto on May 20, 2009 at 8:19 PM
Kneale was told before the show not to mention Billy Bob Macke’s acting career during the interview..
Caper29 on May 20, 2009 at 8:20 PM
I understood this segment about as well as I grokked the process whereby Winthorp and Billy Ray Valentine avenged themselves on the Duke Bros in Trading Places.
Mike D. on May 20, 2009 at 8:20 PM
LOL! I wish I could say they were on the floor — I can’t bring myself to drink those things — too sweet and sugary. Yea finals are all finished, finally. I’d be graduating tomorrow but I’m a little behind :X
I guess its doubtful that AP drinks Red Bull — blogging cats prefer warm milk instead, I’ve heard.
blatantblue on May 20, 2009 at 8:21 PM
Hmm are they Mocha Monsters?
upinak on May 20, 2009 at 8:22 PM
Heh heh heh… ;p
doriangrey on May 20, 2009 at 8:22 PM
If AP doesn’t like Newcastle, he is indeed the Beta Male he jokes about.
Monster makes a Mocha drink?
blatantblue on May 20, 2009 at 8:23 PM
Congrats and there better be someone taking pictures so you can show people on your blog that you actually DID graduate!
upinak on May 20, 2009 at 8:23 PM
Yep, and they are goooooooood!
upinak on May 20, 2009 at 8:24 PM
I am pretty sure the if not next, soon the state of California will be one of the president’s bailout projects. That’s a ton of voters.
Cindy Munford on May 20, 2009 at 8:25 PM
Graduate you may have, but young padwan you still are, drink Newcastle until the floor gentle touches his forehead Allahpundit does…… ;)
doriangrey on May 20, 2009 at 8:27 PM
no no no I’m BEHIND so i ain’t!
mocha monster sounds pretty gross
This video is kind of awkward. Like the video of And. Cooper being totally incoherent.
blatantblue on May 20, 2009 at 8:27 PM
Jeff Macke is the most verbally adept guy on the network. He’s a smart trader who is funny as hell. He was going for something in the clip. I have no idea what it was and it didn’t work.
During the fall melt down one of his comments got a lot of play:
“In this market I have two positions–cash and fetal”.
Most nights after the market close he can make you laugh, which for the past year was the only alternative to crying.
dedalus on May 20, 2009 at 8:28 PM
let’s all suck up to AP so he’ll let us talk trash about Michelle, my belle!. please.
kelley in virginia on May 20, 2009 at 8:19 PM
Yay, we can start talking about Kling…nope, not goin’ there; I don’t trust him.
Bishop on May 20, 2009 at 8:28 PM
I think he’s the only sane one there.
FloatingRock on May 20, 2009 at 8:28 PM
Stop blogging and get that butt in gear!
upinak on May 20, 2009 at 8:29 PM
How easily voters are bought! It’s a shame people are so easily bribed.
“Hey, will you vote for me?”
“Eh, IDK — Let me think ab–”
“Here’s a five dollars.”
“Okay!!!”
Maybe he’s just going to drink Ketel One straight up by the end of this week
blatantblue on May 20, 2009 at 8:30 PM
I like his Gordon Brown imitation shown in the freeze frame of the player.
Joe Caps on May 20, 2009 at 8:30 PM
Ha…now those Redstate Update guys need to do a round-table skit with Joaquin Phoenix, Billy Bob Thornton and this guy.
AUINSC on May 20, 2009 at 8:30 PM
I totally dare AP to write an entire post in the style of Jeff Macke on the subject of the GOP’s future.
BTW, in what universe does wearing a bow tie not make you look like an idiot? Anytime I see a guy with bow tie, I keep waiting for him to make balloon animals.
frankj on May 20, 2009 at 8:31 PM
Here IS five dollars. No wonder I didn’t graduate on time.
blatantblue on May 20, 2009 at 8:31 PM
Hmmm…
Followed three links and still can’t view the vid.
Either my system is wack, or the Memory Hole needed feeding.
cntrlfrk on May 20, 2009 at 8:32 PM
Cindy,
The state of California needs to “clean up their own bathroom” with out the Feds help. NO BAILOUTS FOR CAL.
Rovin on May 20, 2009 at 8:32 PM
More likely he’ll be blowing patron out his nose… Man is that going to hurt…. (Dont ask me how I know that… ;P)
doriangrey on May 20, 2009 at 8:34 PM
LOL
I simply don’t care anymore about college. It’s been very difficult to do my work properly. I’m still getting good grades, but it’s like pulling teeth now. Part of it is that I’ve been there four years, but I think most of it has to do with my fcuking socialist/commie professors and professettes who constantly proselytize.
I majored in Political Science, and you’d think most of the professors I’ve had on Poli-Sci would be bad, but in fact most of my problem leftist profs were in the english, history, sociology, and science classes.
blatantblue on May 20, 2009 at 8:35 PM
Could have a three-way conversation with Billy Bob and Joaquin.
Tzetzes on May 20, 2009 at 8:35 PM
His bloggers salary lets him afford Patron?
I’ve heard that stuff is expensive!
blatantblue on May 20, 2009 at 8:36 PM
Congratulations. Then what are you going to do?
Blake on May 20, 2009 at 8:36 PM
As a resident of the Peoples socialistic state of California I agree with that statement 11ty billion percent…
doriangrey on May 20, 2009 at 8:36 PM
I think Jeff Macke summed it up correctly:
he has “gotten off the bus in crazy town, [and is] much happier getting them to speak to me in five words or less.”
cannonball on May 20, 2009 at 8:36 PM
I couldn’t agree more but I think it is safe to say that we haven’t had much to say about the bailouts that have already taken place. California must stay blue and the president will make sure it does.
Cindy Munford on May 20, 2009 at 8:37 PM
AP is only a semi professional part time blogger, the rest of the time he is a semi retired billionaire corporate lawyer… ;O ;p
doriangrey on May 20, 2009 at 8:38 PM
Five dollars may be a bit low but I am pretty sure that the non-conservative citizens of that beautiful state will think it’s just ducky for the federal government to pull their buttskis out of the fire. Remember, most of them don’t realize that money comes from the tax payers, they think the Money Fairy brings it.
Cindy Munford on May 20, 2009 at 8:41 PM
I love Jeff Macke, since Cramer caved to Stewart and Ratigan has signed with MessiahNBC Jeff and Kudlow are the best things on CNBC, and Melissa Francis, Santelli and most of the Fast Money crew aside, everyone else is on Zucker/Immelt PR for Teh One duty and has forgotten they are a business network…
It is called Fast Money after all, lol, my dad God Bless him worked on Wall St for 27 yrs and many a wild one finds their natural habitat in the wild and crazy world of trading, youd almost have to be wild, the markets are always bipolar and now it is sheer madness every day as Teh Roolz are ignored, undone, rewritten, bent broken spindled and mutilated for TOTUS
ginaswo on May 20, 2009 at 8:41 PM
he is speaking in the pure dialect of libspeak without the filters turned on (along with a little blow, but never crack)
Ris4victory on May 20, 2009 at 8:44 PM
Good. I hope he spends every last cent of his political capital keeping Cal blue. What’s this idiot going to do about the other 6 or 7 states that are in major trouble? Gietner can’t keep printing fake money when China finally says “No mas” (a little spanish for the folks in Rio Linda)
Rovin on May 20, 2009 at 8:44 PM
Well, he lives in Manhattan, no? So I take back my prior statement about bloggers salaries!
Unfortunately, I won’t graduate until December, but I’ll take the congrats and thank you in advance! As for plans, I’m not sure. Depends how expensive a masters in Arabic is. If it’s too expensive in America — it’s Egypt, Morocco, Saudi, or somewhere I go. I’ve heard Canada ain’t so bad either.
They think it just grows on a tree and the little Mula Fairy comes and daintily picks it off, whisking it away to anxious Californians!!
I’m still waiting for my Macbook from Obama.
blatantblue on May 20, 2009 at 8:45 PM
In all seriousness, Macke always struck me as a nut just about to lose it. I guess he finally cracked. He’s a regular on Fast Money…well maybe not anymore…
TheBigOldDog on May 20, 2009 at 8:45 PM
Najarian is great on FM too. Bumming that Ratigan is gone, though Melissa Lee is a sexy alternative.
dedalus on May 20, 2009 at 8:46 PM
I can’t wait to live in Weimar 2.0!
Think of it this way — we’ll all get good workouts
You know, having to push around wheelbarrows filled with tons of money just to go get a slice of pizza.
blatantblue on May 20, 2009 at 8:47 PM
Dropping that E before the interview was a bad idea.
ronsfi on May 20, 2009 at 8:55 PM
blatantblue,
Unlike you young whipper-snappers, I’ve had my fill of pushin’ wheelbarrows. I just want my state government to try to be fiscally responsible for a change. Good luck on your educational prowess.
Rovin on May 20, 2009 at 8:57 PM
Macke was as coherent to me as pretty much any other CNBC commentator, so I guess I missed the joke.
Except Erin. I listen to every…word…she…says…
MadisonConservative on May 20, 2009 at 8:58 PM
Hey Macke. You do a good job against all those lib putzes at CNBC. Keep up the good work. Tell everyone to shove their criticism right up their rectums.
JiangxiDad on May 20, 2009 at 8:59 PM
I’d like to see some fiscal restraint.
But there won’t be any. Politicians and their bureaucratic minions are like f*cking crack addicts — they can’t stop themselves, and will sneak, lie, cheat, and fib to get their next fix of tax payer dollars to dole out to various slave voters.
It’s disgusting! It’s very depressing. All I see around me at school are people that suck the governments teat day in and day out, with the audacity to come back and demand more! I don’t understand it.
And they feel no shame — that’s the worst part. They think they deserve it!
blatantblue on May 20, 2009 at 9:02 PM
But therein lies the sickness of liberalism.
It preys on the worst in human nature.
It exploits man’s sloth, greed, envy, and wrath.
Sloth — keeping people lazy and dumb
Greed — keeping them demanding more and more
Envy — pitting the have nots against the haves
Wrath — getting them angry and riled up by blaming Bush!
blatantblue on May 20, 2009 at 9:05 PM
Uh, I bartended during college at a bar where copious amounts of cocaine were used in the bathroom. I’ve seen thousands of people on coke. He was on coke. Note the grinding of the teeth/jaw. Dead giveaway.
AYNBLAND on May 20, 2009 at 9:08 PM
IS THIS A JOKE?
bperiwinkle on May 20, 2009 at 9:16 PM
Hey, I graduated from Rio Linda Sr. High.
thomasaur on May 20, 2009 at 9:23 PM
And as Dorian’s neighbor I second that. We’ve been owned and operated by unions for too long now. Time to tank.
Patrick S on May 20, 2009 at 9:23 PM
NBC = The WORST, most broken-to-frickin’pieces streaming vids in da bidness.
ChipDWood on May 20, 2009 at 9:27 PM
Then he’s on coke every night, cause that’s the way he is or at least the way his TV character is.
dedalus on May 20, 2009 at 9:27 PM
Well, at least he wasn’t driving a car or piloting a plane. I hope somebody took away his keys.
Star20 on May 20, 2009 at 9:29 PM
Jeff definitely is on something. What will be your excuse AP?
wepeople on May 20, 2009 at 9:30 PM
I’ve heard people talk this way before……….
………. I was in college, was drunk, and just did a big old fat line of cocaine.
Seven Percent Solution on May 20, 2009 at 9:32 PM
What individual with any sense, would waste their time watching a business show, run by NBC?
I’d have more faith in one aired on the Cartoon Network. Sponge Bob Squarepants has more credibility and intelligence, than what passes for a journalist on the NBC crime family of networks.
NoDonkey on May 20, 2009 at 9:34 PM
Crazytown, USA! LOL
WisCon on May 20, 2009 at 9:40 PM
Darn it. On my work laptop, which won’t allow me to download what I need to watch vids. Anyone have a transcript?
mikeyboss on May 20, 2009 at 9:44 PM
Kudlow’s show between 7-8 usually has some sober, intelligent, conservative opinions given. Today Kudlow, (who has his own issues) took on his own boss, Immelt, directly.
Fast Money 5-6pm, (where Macke usually appears) has more libs, but politics isn’t there main thing.
JiangxiDad on May 20, 2009 at 9:47 PM
their
JiangxiDad on May 20, 2009 at 9:47 PM
I saw Kudlow take on Immelt. That took guts. I’m an ex-GE guy, met Immelt when he just took the job. My guess is that Kudlow has an exit strategy.
Star20 on May 20, 2009 at 9:48 PM
JiangxiDad on May 20, 2009 at 9:47 PM
I forgot about Kudlow. I like reading him on NRO. What’s he doing on that network?
It’s likely a moot issue. He’ll undoubtedly be the first fired when NBC continues to tank, wouldn’t want to cut star Keith Olbermann’s pay, with those view hundred semi-coherent viewers he pulls in each night.
NoDonkey on May 20, 2009 at 9:50 PM
Have been thinking the same thing. Although he recently signed a multi-year contract. My guess is that ultimately Ogabe will pressure Immelt to pay off Kudlow’s contract, although it will be pretty obvious why, and could sink CNBC’s ratings. They have a mighty wealthy demographic, although less wealthy as the days go on.
JiangxiDad on May 20, 2009 at 9:51 PM
Wut?
JimRich on May 20, 2009 at 9:52 PM
I feel the same way…
d1carter on May 20, 2009 at 10:01 PM
I don’t understand why it’s so hard for most of you to understand what he is trying to said.
Here is the translation: “The market is a joke. The fundamentals is bad, yet the stock market keep going up. CNBC and analysts are pumping up the market for personal gains. The current market is a FRAUD and should not be trusted.”
jdun on May 20, 2009 at 10:38 PM
That’s exactly what I hear when Ogabe speaks.
daesleeper on May 20, 2009 at 10:39 PM
Perhaps he is attempting to say that these “experts” attempting to gauge the market are in over their heads because we know longer have a market? Perhaps he feels that any attempts to play up this orchestrated “recovery” like it’s an organic market based recovery is fucking insane? He chose a poor way to make his point, if that’s what he intended to say.
Stickeehands on May 20, 2009 at 10:41 PM
The thumbs up at the beginning was awesome. Maybe he was out drinking real late the night before.
thebadoutlaw on May 20, 2009 at 10:44 PM
Come to Texas for Arabic. They’ve got a Flagship program funded by the DoD that’s supposed to turn out high-level Arabic speakers who may want to work in the agencies eventually. A way to get around those elitist Arabists who don’t know whose side they’re on any more, thanks to liberal indoctrination. It’s hard work, I guarantee you.
Fortunata on May 20, 2009 at 10:46 PM
A lawyer … that would explain why so many people appear to have an irrational hatred of him. That and him being a godless heathen.
Stickeehands on May 20, 2009 at 10:47 PM
I will pay good money to see this guy and Dr Phil in conversation. Uh, whaat?
RMR on May 20, 2009 at 11:39 PM
Maybe his teleprompter went out on him.
Metro on May 20, 2009 at 11:42 PM
Yes and it’s probably FOX Business Channel. They are superior to CNBC, and he would be more at home there.
Ghostbuster on May 21, 2009 at 12:01 AM
My wife is an attorney for an international law firm based in LA and its name shall remain anonymous. She was telling me about a fellow attorney that went bonkers and was admitted to a small padded cell. She sent out a rambling e-mail, to all, in which she made a statement indicating she had “launched the frog”. I fear this man was on that vessel.
Claypigeon on May 21, 2009 at 12:10 AM
I probably sound like that Jeff guy when I try to explain physics to people.
Weebork on May 21, 2009 at 12:37 AM
…As were the “stress tests”, and everybody on that panel, including those recommending bank stocks as a “good buy”, know it, but are playing along with the big lie anyway to help prop up Obama’s zombie economy while hoping that somehow it can be resurrected on the sacrificial alter of big government where trillions upon trillions of innocent dollars that we don’t own are being burned away into the stratosphere.
Yep, that was my interpretation as well.
FloatingRock on May 21, 2009 at 12:49 AM
That’s BRILLIANT!!!
Launching the frog, why didn’t I think of that? Everything just falls into place like a crystalline chorus of perfect magical harmony. It all makes so much sense, now: Obama and the Democrats, the Republican party, Pakistan and Iran, Russia and Georgia, even the fall of Europe to Islam.
It’s a single unifying theory of everything.
Who is this wonderful man? He deserves the Nobel prize of the century!
FloatingRock on May 21, 2009 at 1:04 AM
WTF…??
Seriously, I hope dude’s all right.
Looks like a major malfunction of brain wiring there.
12thMonkey on May 21, 2009 at 1:13 AM
I had to think about what he said at the beginning. He is saying up is down and down is up in the market/economy now and therefore to try to predict this is beyond stupid. I think Macke just said something very very profound and those that do not understand are doomed to lose their shirts. The “car people” he is talking to are those from GM and Chrylser. the ones that are “hoping” that Obama saves them.
The time of no fear is the time to be worried.
unseen on May 21, 2009 at 2:58 AM
And that’s why you shouldn’t start the car with the garage door closed, kids.
Ronnie on May 21, 2009 at 3:01 AM
Weed.
Or glioma.
Bartrams Garden on May 21, 2009 at 3:10 AM
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