It must be nice to live in CNBC's world, the best of all possible worlds, where the glasses are always half-full and the rich get richer but the poor don't get poorer.
The truth is, for an eyeball-hungry media, it's a lot more fruitful to make fun of the rich than to dig into the real and pressing problems of the poor. Schadenfreude beats empathy every day.
It should be a given that those writing about corporations should not have any financial stake within them. A recent scandal at Reuters, however, shows how difficult it still is to monitor these unethical acts.
It's too much to demand "crystal ball" clarity from the media. But to impose a better psychic metaphor, it's not impossible to do a better job reporting out the position of the tea leaves at the bottom of the cup.
On today's "Morning Meeting", Dylan Ratigan closed the show by paying tribute to his former Bloomberg colleague, Mark Pittman, who passed away over th...