Ron Insana Adds Affiliates
April 21, 2011 at 8:10 AM (PT)
COMPASS MEDIA NETWORKS' THE INSANA QUOTIENT with CNBC financial analyst RON INSANA has added five new affiliates, including SALEM Business News-Talk KSAC (MONEY 105.5)/SACRAMENTO, SALEM Business News-Talk WBZS-A/PROVIDENCE, SALEM Business News-Talk KGU-A/HONOLULU, DALLAS BROADCASTING Business News-Talk KVCE-A/DALLAS, and HEMISPHERE MEDIA Talk KLAV-A/LAS VEGAS.
INSANA is weighing in on the recent STANDARD & POOR'S negative rating on AMERICA's debt burden, saying, "S&P appears to have a remarkable grasp of the obvious. After watching the national debt double from 2001-2008, from $5-10 trillion, the ratings agency only now decided to issue a warning about the nation's deficits and debts. Given that S&P, and other ratings agencies, helped create the sub-prime mess and recognize the issue only when it was too late, I believe they are now missing the point that WASHINGTON is actually much more likely to deal with the problem today than at any other time in recent memory. Once again, a day late and several trillion dollars short."