CNBC Backs Liberal Candidates: Illinois Treasurer Alexi Giannoulias

It appears that CNBC has dropped all pretense of being a neutral cable network.

As I write this, I hear Carlos whathisname browbeating a Republican Congressman, telling him that the GOP has already lost Coleman's seat, won't be gaining seats next year, and has no leadership.

But what really caught my attention was a segment last week in which Illinois Treasurer Alexi Giannoulias actually appeared in the studio in NJ.

The 33-year old Democrat is clearly stumping for higher office, as the linked webpage notes. No doubt, seeing an uncredentialed Illinois Senator rise to the presidency in less than one term, Giannoulias probably figures he can make it, too, just after meeting the age qualification.

I've seen Giannoulias interviewed on CNBC before. They clearly favor him, since free air time like that is an immense gift. And he's not the only state-level Democrat to be given this sort of gift. There are a handful of Democratic governmors and AGs who also frequently appear on the network- much more frequently than any Republicans.

But, back to Giannoulias. He was grinning and primping for his big, free nationwide media event. Although it would seem to have no relevance to major national issues, he described how he has personally written a bill to regulate credit card issuers' activities with the state's college students.

As I heard this, I was aghast. You would think that college is a time when young people need to learn how to manage in the real world for themselves. If they unwisely take and use credit, they'll need to pay the consequences. Most are minors, and would require parental co-signatures, anyway.

But according to Giannoulias, the issuers are the villains, and he has to protect these youngsters from themselves.

Sadly, he discussed nothing regarding Illinois probably being number two or three among states following California to the brink of bankruptcy. No, Giannoulias obviously wants to beat it out of the Treasurer's office before that reality hits home to the people of Illinois.

Come to think of it, what are we to make of a nation that elects an inexperienced legislator from a nearly-bankrupt state to its highest office?

Sad times, indeed. And most of our media seem to be aiding such folly.