News Audio

Howie Carr Rips Bloomberg TV For GameStop Stock Controversy Coverage

Carr took particular issue with Bloomberg TV and played a clip comparing Reddit investors to those who rioted on the U.S. Capitol on January 6th.

Published

2 years ago

January 29, 2021

Jacob Conley

Conservative talk show host Howie Carr did not hold back Thursday on The Howie Carr Show when he lashed out at the hedge fund managers trying to control the stock market and the media portrayal of recent events involving video game retailer GameStop.

“The so called ‘basket of deplorables’ have figured out how to beat the system and Wall Street and the media don’t like it,” Carr said.

Carr made his comments after users of the popular website Reddit bought stock in GameStop, after big investors on Wall Street speculated that the company’s stock prices would continue to drop.

“You have to love this story,” Carr said. “(Hedge Fund) Melvin Capital basically bet that GameStop prices would continue to drop and they would buy in at about six dollars a share. The normal people saw this as a chance to get their revenge. Now they (Melvin Capital) have to pay about 341 dollars a share. The big guys lost their shirts and I love it.”

What Carr didn’t love was the media coverage of the event.

“This is how left-winger George Soros made his money but because he works to elect liberal politicians it’s great. When regular people, many of whom I would guess are Trump supporters, do it, it has to be stopped. They (the media) act like it is the end of the world.”

Carr took particular issue with Bloomberg TV and played a clip comparing Reddit investors to those who rioted on the U.S. Capitol on January 6^th. The clip says that the Reddit users were a “ mishmash of angry and frustrated people who have developed a mob mentality, just like the Capitol rioters”.

“That’s just ridiculous,” Carr complained. “From now on, every supposed tragedy is going to be compared to the Capitol Riots. It has somehow become worse than 9/11, Pearl Harbor and The Civil War. I thought we were supposed to celebrate diversity, but when people do something the media doesn’t like, it’s no longer a diverse group of people, it’s called a mishmash.”

Carr also criticized Wall Street and day trading apps, like Robinhood, for temporarily halting trading of GameStop shares to limit the losses of big time investors. According to CNBC, while the exact losses are not known, Melvin Capital has had an infusion of 3 billion dollars to “shore up financial stability”. As of Friday morning though According to The Wall Street Journal, trading of GameStop stock has resumed both on Wall Street and online.

Carr used a sports analogy to make a comparison.

“It’s like one football team who is supposed to win, but they are losing 28-0 at halftime. So the officials step in and change the rules and make each touchdown three points instead of seven so the team that is losing won’t be behind by so much,” Carr said. “It’s censorship of the market, just like censoring Twitter. I thought liberals liked the average guy, the 99 percent, but I guess not.”

Jacob Conley

Jacob Conley writes about news/talk radio BNM. He can be found on Twitter @GWUJake or reach him by email at freelancealot1211@gmail.com.

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News Audio

Documentary on KMJ Coming To PBS in California

“The film was written and directed by Emmy Award-winning filmmaker Jeff Aiello, with KMJ Program Director Blake Taylor as a producer.”

Published

5 hours ago

March 30, 2023

Ryan Hedrick

Valley PBS and Newstalk 580/105.9 KMJ have collaborated to produce a one-hour documentary recounting the story of the renowned news talk station’s 100-year history. In the teaser trailer for “KMJ: 100 Years in the Valley,” host John Broeske jests about the non-existence of radios during KMJ’s inception.

The documentary sheds light on the station’s influence on Fresno and the broader Central Valley of California, including its personalities, throughout the past century. KMJ started broadcasting with only 50 watts of power on March 23, 1922, which increased to an impressive 50,000 watts before WWII.

The film was written and directed by Emmy Award-winning filmmaker Jeff Aiello, with KMJ Program Director Blake Taylor as a producer. “KMJ: 100 Years in The Valley” premieres on Thursday, March 30, at 7 PM PT.

You can view it anytime on the PBS App via Video.ValleyPBS.org or YouTube.com/ValleyPBS.

Ryan Hedrick

Ryan Hedrick serves as the Assistant Program Director and Co-Host of the Morning News Express at WFMD. Prior to WFMD, he hosted an afternoon program at News Talk 103.7 FM in Chambersburg, PA. He has worked at Sirius XM in Washington D.C., WBEN in Buffalo, NY, and for stations in Baltimore, MD. He has also worked at WIBW-AM in Topeka KS, earning the Kansas Association of Broadcasters (KAB) award for Major Market enterprise reporting in 2016. To connect with Ryan, find him on Twitter @SureToCover.

News Audio

Longtime WFLA Host Jack Harris Says He’s Been Fired

“I didn’t think I was that big of a burden on them. I was making a seventh of what I made three or four years ago.”

Published

16 hours ago

March 29, 2023

BNM Staff

Longtime Tampa radio host Jack Harris claims he has been fired by NewsRadio 970 WFLA.

“After I signed off from my show at 7:00 AM today, iHeartRadio bosses told me that they were cutting back on expenses and had to let me go,” Harris told The Tampa Bay Times. “I didn’t think I was that big of a burden on them. I was making a seventh of what I made three or four years ago.”

The 81-year-old Harris had been with the station in several tenures since 1970 but had hosted on the station for the last 29 years, most recently on weekdays from 5:00-7:00 AM as host of AM Tampa Bay.

When reached by Barrett News Media for comment, WFLA Program Director John Mamola declined the opportunity to speak on the subject.

Harris — who was insistent that he was not playing a practical joke on listeners with April Fool’s around the corner — shared he was saddened he didn’t get the opportunity to have a farewell show and thank listeners for their years together. “They are what I will miss most.

When asked what his next step will be, Harris was unsure.

“I might look for part time work on the radio somewhere,” the longtime host said. “Or maybe I will retire. I am an old geezer after all.”

BNM Staff

News Audio

Joe Rogan: Media Leaves Out ‘What It Doesn’t Want Front and Center’

“All it is, is like ‘January 6th. January 6th. Did you see what they did? — Trump is coming back’.”

Published

19 hours ago

March 29, 2023

BNM Staff

Podcast host Joe Rogan has grown weary of the news media’s coverage of certain events and shared his belief that it only cares about presenting one side of arguments.

During The Joe Rogan Experience, the eponymous host shared his displeasure with the way current events are reported on.

“The media has lost its hold over the narrative,” said Rogan. “Now, the media conveniently leaves out anything that it doesn’t want to be at the front and center — in terms of things that people concentrate on and talk about.”

He then discussed stories he believes the general public has an interest in, but aren’t being covered, pointing to large protests in France over potential reforms in social security and also protests in Israel after Prime Minister Benjamin Netanyahu announced plans for changes to the nation’s judicial system.

“And you’re not hearing a f***ing peep about it, you know?” Rogan said. “All it is is ‘January 6th. January 6th. Did you see what they did? — Trump is coming back, but January 6th looms large.’”

“How about the fact that the guy who’s the president right now can’t form a f***ing sentence? He makes up words and stumbles through things and no one says a god damn thing about it,” Rogan concluded.

BNM Staff