CNN Getting Desperate for Accurate Economic Predictions

By Doug Powers  •  June 25, 2011 04:44 PM

**Written by Doug Powers

When I heard that CNN was bringing in psychics I just thought they needed help in determining where Eliot Spitzer’s ratings were buried, but nope — it was to talk about the future of the global finance.

The Fed Chairman is absolutely stumped as to why the economy is where it is as well as where it’s going (it’s impossible to predict the future with any degree of accuracy when you refuse to honestly interpret the past), Tim Geithner thinks more of the same will achieve a different result, and the administration in general is determined to follow the same “green jobs” path that is helping drive a stake through the financial heart of parts of Europe. Given that, you don’t need a soothsayer to predict what will happen economically if we stay on the present course.

In short, CNN brought in psychics when they should have been talking to undertakers:


*****

This could make for an interesting experiment. Let’s replace Ben Bernanke and Tim Geithner with psychics James van Praagh and maybe the one with the Frito corn chip fingernails, Sylvia Browne. Let’s then base every economic decision for the next year on Tarot card readings, and I’m willing to bet that things get a little better.

To learn more about this subject, don’t miss the upcoming film Ghost II: Oda Mae Brown, Treasury Secretary.

(h/t Mediaite)

**Written by Doug Powers

Twitter @ThePowersThatBe

~ For the latest breaking news, be sure to join Michelle's e-mail list ~

See what others have said

Note from Michelle: This section is for comments from michellemalkin.com's community of registered readers. Please don't assume that I agree with or endorse any particular comment just because I let it stand. A reminder: Anyone who fails to comply with my terms of use may lose his or her posting privilege.

Comments


  1. #101
    On June 26th, 2011 at 10:55 pm, Flyoverman said:

    On June 26th, 2011 at 5:49 pm, Ray said:

    Conspire is the key word. My point is that there are die-hard environmentalist everywhere, why not in the Corps of Engineers.

    Evil Bastards never sleep.

    Conspire is the key word. My point is there are die hard terrorists everywhere, why not infants, toddlers and 95 year old Depends wearing women confined to a wheelchairs, because they are dying of cancer.

    Evil Bastards never sleep.

    Congrats, you have just qualified to be hired by the TSA.

  2. #102
    On June 27th, 2011 at 9:04 am, stillontheroad said:

    Next up:
    CNN reveals that the reading of Goat Entrails by qualified Witch Doctors really does predict Stock market trends with a accuracy of .2%

  3. #103
    On June 27th, 2011 at 10:16 am, EROWMER said:

    What do we expect from a bunch of affirmative action losers who have never had a real job or been responsible for anything?

  4. #104
    On June 27th, 2011 at 10:37 am, Dexter Alarius said:

    Let’s replace Ben Bernanke and Tim Geithner with psychics James van Praagh and maybe the one with the Frito corn chip fingernails, Sylvia Browne chimpanzees. Let’s then base every economic decision for the next year on Tarot card readings which banana they pick, and I’m willing to bet that things get a little better.

    This would at least make some sense…

  5. #105
    On June 27th, 2011 at 12:12 pm, 4gotnblud said:

    Get ready for QE3. Since it is unlikely Congress will approve additional stimulus the Fed will act to further our childrens’ debt by QE3. It seems QE2 went to U S subsidiaries of European banks (then immediately transferred to their home banks in Europe). That’s 800+ billion $$$ to shore up European banks that will eventually be left to be paid by our descendants!

  6. #106
    On June 27th, 2011 at 12:20 pm, Fire1976 said:

    Hey, I thought Obama wasn’t going “go all Nancy Reagan” and have seances and use psychics. Oh well, just another promise with an expiration date.

  7. #107
    On June 27th, 2011 at 1:19 pm, ChapBix said:

    Fools! They are utter fools and acting to only enrich themselves.

  8. #108
    On June 27th, 2011 at 1:19 pm, hawkeye54 said:

    What do we expect from a bunch of affirmative action losers who have never had a real job or been responsible for anything?

    Fundamental transformation of the USA.

  9. #109
    On June 27th, 2011 at 1:20 pm, rambler said:

    Maybe an octopus can be the answer, after all one was very good at predicting winning teams. So far this administration is winning anything except ire.

  10. #110
    On June 27th, 2011 at 1:21 pm, hawkeye54 said:

    They are utter fools and acting to only enrich themselves.

    While at the same time, bankrupting the US, and everyone else who has any personal wealth.

    They want to own it all and turn us into government-dependent serfs.

  11. #111
    On June 27th, 2011 at 1:40 pm, duff65 said:

    With those two you could make decisions by flipping a coin. Random chance would be right 50% of the time which would be a major improvement.

  12. #112
    On June 27th, 2011 at 1:43 pm, AlohaGuy said:

    I just thought they needed help in determining where Eliot Spitzer’s ratings were buried

    Even Nancy Grace can’t dig them up…

  13. #113
    On June 27th, 2011 at 2:01 pm, hawkeye54 said:

    Let’s replace Ben Bernanke and Tim Geithner with psychics James van Praagh and maybe the one with the Frito corn chip fingernails, Sylvia Browne chimpanzees. Let’s then base every economic decision for the next year on Tarot card readings which banana they pick, and I’m willing to bet that things get a little better.
    This would at least make some sense….

    For what they want to accomplish they do make sense for the leftists in the WH and their cronie capitalists. It just doesn’t make sense to just about everyone else, and those folks, like us, don’t matter.

  14. #114
    On June 27th, 2011 at 2:35 pm, doriangrey said:

    On June 26th, 2011 at 10:55 pm, Flyoverman said:

    On June 26th, 2011 at 5:49 pm, Ray said:

    Conspire is the key word. My point is that there are die-hard environmentalist everywhere, why not in the Corps of Engineers.

    Evil Bastards never sleep.

    Conspire is the key word. My point is there are die hard terrorists everywhere, why not infants, toddlers and 95 year old Depends wearing women confined to a wheelchairs, because they are dying of cancer.

    Evil Bastards never sleep.

    Congrats, you have just qualified to be hired by the TSA.

    Conspire, interesting choice of words.

    Huma Abedin, Hillary Clinton, and Al Qeada, the scrubbing begins.

  15. #115
    On June 27th, 2011 at 3:51 pm, Lawrence said:

    CNN is desperate for ratings.

    Nobody listens to their news anymore, so maybe bringing in a psychic will draw a bit of attention.

    This strategy works well for the National Enquirer.

  16. #116
    On June 27th, 2011 at 7:42 pm, LSmith said:

    According to USA Today, passage of the DREAM Act will turn the economy around, by making millions of illegals newly-minted legal residents and happy contibutors to our economy. (Not to mention all millions of relatives to follow):
    http://www.azcentral.com/news/articles/2011/06/27/20110627dream-act-pitched-as-economic-patch.html

  17. #117
    On June 27th, 2011 at 7:48 pm, Republicanvet said:

    On June 27th, 2011 at 2:35 pm, doriangrey said:

    Huma Abedin, Hillary Clinton, and Al Qeada, the scrubbing begins.

    I’m thinking it’s a must if Hillary wants to challenge Urkel for the socialist nomination.

    She’s made some interesting overtures and comments regarding gays, which tells me she is shoring up and trying to contrast herself with Urkel.

    No other evidence, but it seems odd that the SoS would do or say what she did regarding a single special interest.

  18. #118
    On June 27th, 2011 at 10:56 pm, jakee308 said:

    How about a Magic Eight Ball?

    That’ll work as well as anything they’ve done so far. (I’m referring to both CNN AND the Administration.)

    An aside: I remember Bernanke testifying to Congress while Bush was in office and I thought then that this guy knew something that scared the beejesuz out of him but he knew he couldn’t tell anyone and he was afraid he’d be asked the wrong/right question.

    Luckily for him but not the US none of the economic intellectual giants in Congress asked him the right questions. (or maybe they knew what was coming also.)

  19. #119
    On June 27th, 2011 at 11:11 pm, OK_Loyalist said:

    On June 27th, 2011 at 10:56 pm, jakee308 said:

    ….
    Luckily for him but not the US none of the economic intellectual giants in Congress asked him the right questions. (or maybe they knew what was coming also.)

    Best guess…. this is the reason McCain came off the campaign trail to vote identically with Obama of TARP.

  20. #120
    On June 28th, 2011 at 11:07 am, MaverickThrowback said:

    jakee308 said:
    How about a Magic Eight Ball?

    Ouji board follows. Those evil demons on the left will moan and groan with nothing but excuses.

  21. #121
    On September 2nd, 2011 at 12:16 pm, BK said:

    Wasn’t the LSM making fun of Nancy Reagan for consulting a psychic for personal things?

    Now they’re not making fun of those who consult psychics – in the LSM.

    My how the LSM has fallen.

You must be logged in to post a comment.


Biden: Tea Party stopped us from growing the economy

May 23, 2012 01:55 PM by Doug Powers

44 Comments

“Imagine where we’d be…”

Jimmy Fallon: Obama ‘booked himself’ on my show

May 22, 2012 01:43 PM by Doug Powers

47 Comments

Invitation to offer invitation graciously accepted

New Obama ad: Romney the job destroyer; Update: Team Mitt’s return salvo

May 14, 2012 04:39 PM by Doug Powers

66 Comments

Time machines and blood suckers

Presidential photo op of the week

May 12, 2012 01:07 PM by Doug Powers

62 Comments

Garage sale

Obama makes ‘clean coal’ a more prominent energy strategy

May 11, 2012 04:01 PM by Doug Powers

66 Comments

The West Virginia two-step

New ad: Because of Obama, I have a job; Updated

May 10, 2012 03:50 PM by Doug Powers

76 Comments

CNN sees lowest ratings in a decade

May 2, 2012 02:34 PM by Doug Powers

67 Comments

Well, not quite that bad


Categories: Media,Obama Jobs Death Toll

Follow me on Twitter Follow me on Facebook