Dylan Ratigan is really ticked off!
The former Bloomberg reporter/CNBC host is mad as hell by golly, and he’s not taking it anymore:
On most cable newscasts, the people who are writing new financial regulations are called congressmen. But on “The Dylan Ratigan Show” on MSNBC, some are called “banksters.”
That term, a twist on gangsters, tells viewers a lot about Mr. Ratigan, a financial news apostate who has transformed himself into an outspoken opponent of too-big-to-fail banks and the politicians whom he calls their servants. In the recent fight over financial reform, he lent a megaphone to people who wanted an end to “too big to fail,” and he called on viewers to lobby the Senators in his imaginary Bankster Party.
All this from a man who, until recently, hosted a stock-picking show on CNBC, the cable personification of Wall Street. Now Mr. Ratigan, who labels himself a taxpayer advocate, rails against the “vampire” banks who “have assumed control of our government.”
Mr. Ratigan underwent a “Lou Dobbs-like transformation,” from sober-minded journalist to all-out advocate, said Andrew Leckey, the president of the Donald W. Reynolds National Center for Business Journalism at Arizona State University.
In a nod to his old network, Mr. Ratigan said that CNBC “does more good than bad,” because it “still shines the light on the debate about ideas in the financial markets.” But MSNBC seems to be a better platform than CNBC for a political crusade against corruption, said Mr. Ratigan, 38, whose one-year anniversary at MSNBC will come on Tuesday.
Good grief. Doesn’t this all smell of crass opportunism? A lame attempt by MSNBC to get themselves a shrill, pseudo-populist for their network?
If there’s any question about the reasons behind the downfall of the MSM, look no further than Dylan Ratigan–man of the people!