From Zero Hedge:
With the recent elimination of anything even remotely approaching journalistic rigor or analysis, and its substitution with endless propaganda and the pitching of "hope" as an investment conduit, many have been scratching their heads over the question of just how it is that CNBC is still on the air, let alone making money: after all selling hope is a very expensive process.
I provide the answer...
Read the answer...
More on CNBC:
MUST watch video of the week... Rick Santelli blasts fellow CNBC reporter
CNBC commentator gets feelings hurt by "cowardly" and "mean-spirited" bloggers
Why megastar Maria Bartiromo refuses to be interviewed for anything but puff pieces