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May 20, 2013
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Home » Cable Television
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CNBC

Bloomberg Admits to Allowing Its Reporters Access to Client Terminal Activity

By Tom Blumer | May 13, 2013 | 11:00

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It says something about the seriousness of the rest of the news during the past several days when a story about unethical spying by reporters working for a company founded and built by the current mayor of New York City barely makes a ripple.

It has been alleged, and now admitted, that Bloomberg reporters monitored terminal login activity to develop stories about possible Wall Street executive departures before anyone else outside the entities involved knew and for other news-gathering purposes. The practice appears to go back to when Gotham Mayor Michael Bloomberg was still at the helm of Bloomberg LP, as seen in the bolded sections in the excerpt from a Saturday CNBC news story which follows the jump:

  • Tom Blumer's blog
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CNBC’s Jim Cramer: Obama’s Sequester Fearmongering Caused Hiring Slowdown

By Noel Sheppard | April 07, 2013 | 14:04

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CNBC’s Jim Cramer made a statement on NBC’s Meet the Press Sunday that likely shocked the host as well as the other liberal media members involved in the discussion.

After David Gregory mentioned Friday’s lousy unemployment report, Cramer said, “This is stunning. Stunning. And I think a lot of it had to do with fearmongering” (video follows with transcribed highlights and commentary):

  • Noel Sheppard's blog
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CNBC Anchor Bravely Asks Whether Obama, Reid Want Sequester to Hurt

By Paul Bremmer | March 26, 2013 | 12:55

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Let’s all be thankful for CNBC. On this morning’s Squawk Box, co-host Joe Kernen raised a question that the Big Three broadcast networks have been afraid or unwilling to touch thus far.

While Kernen was chatting with CNBC Chief Washington Correspondent John Harwood about the sequester, Harwood brought up the FAA’s announcement that it will close 149 air traffic control towers next month. It was a story that ABC, CBS, and NBC each covered on their Saturday morning shows this week. Of course, what the broadcast networks failed to mention, but which Kernen raised, was Kansas Republican Senator Jerry Moran's amendment that proposed cutting $50 million in unspent FAA research money rather than closing the towers, $50 million being the approximate amount that would be saved by closing the 149 towers. Senate Majority Leader Harry Reid (D-Nev.) refused to bring the amendment up for a vote. [Video below. MP3 audio here.]

  • Paul Bremmer's blog
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Donny Deutsch Asks Piers Morgan: 'When Did You Become Such a Crazy Liberal?'

By Noel Sheppard | February 26, 2013 | 00:48

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There's practically nothing as delicious as watching liberals eat their own, especially in the current post-election environment when the Obama-loving media are revelling in Republicans going after one another.

With this in mind, grab some popcorn and your favorite beverage as you watch MSNBC regular Donny Deutsch ask CNN's Piers Morgan Monday, "When did you become such a crazy liberal?" (video follows with transcript and commentary):

  • Noel Sheppard's blog
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Bartiromo on Sequester Panic: 'Wall Street Seeing This As Scare Tactics,' Stocks 'Near Record Highs'

By Noel Sheppard | February 24, 2013 | 16:00

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CNBC's Maria Bartiromo made a statement Sunday about all of the fearmongering concerning the looming budget sequester that people on both sides of the aisle should pay attention to.

Appearing on NBC's Meet the Press, Bartiromo said, "I think Wall Street is seeing this as scare tactics because if the market really believed that the economy was going to be paralyzed on March 1 we would not be trading near record highs" (video follows with transcript and commentary):

  • Noel Sheppard's blog
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Coulter: 'You Really Wonder If Democrats Would Win Any Elections If We Had An Honest Media In This Country'

By Noel Sheppard | February 08, 2013 | 18:32

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"You really wonder if Democrats would win any elections if we had an honest media in this country."

So marvelously stated conservative author Ann Coulter on CNBC's Kudlow Report Thursday (video follows with transcript and commentary):

  • Noel Sheppard's blog
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Economy Lost 2.84 Million Jobs in Jan., Yet Press Pretends Seasonally Adjusted 157K Jobs Added Represents What Actually Happened

By Tom Blumer | February 02, 2013 | 19:38

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Following the governmemt's Employment Situation Summary yesterday, two words were noticeably absent at the Associated Press (here, here, and here), Bloomberg, Reuters, CNBC, and the New York Times: "seasonally adjusted."

While they told their readers of the number of jobs supposedly added in total (157,000) and in other sectors, the fact remains that in the real world, before seasonal adjustment, the government told us, as is the case every January, that employment declined steeply. In January 2013, the government estimates that 2.84 million jobs were lost.

  • Tom Blumer's blog
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Former Obama Official: Jobs Revisions 'Elaborate Left-wing Plot to Make Numbers Much Better After the Election'

By Noel Sheppard | February 01, 2013 | 10:28

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The Bureau of Labor Statistics on Friday reported upside revisions to the number of jobs that were created in last year's fourth quarter.

Appearing on CNBC's Squawk Box, Austan Goolsbee, the former Chairman of the Council of Economic Advisers under Barack Obama, joked, "It’s an elaborate left-wing plot to make the numbers much better several months after the election so that nobody thinks that there was a conspiracy just before the election."

  • Noel Sheppard's blog
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Rick Santelli Responds to Negative GDP Report: 'We Are Now Europe'

By Noel Sheppard | January 30, 2013 | 10:59

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Rick Santelli made a stunning observation Wednesday about the shocking report that the economy actually shrunk in the fourth quarter last year.

"We are now Europe," he declared on CNBC's Squawk Box.

  • Noel Sheppard's blog
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CNBC’s Jim Cramer: ‘No More Taxes’

By Julia A. Seymour | January 04, 2013 | 11:23

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“No more tax revenue! None. NONE.”

That was not the cry of a dyed-in-the-wool conservative politician. Rather it was Jim Cramer, CNBC’s own host of “Mad Money,” speaking to the upcoming fight in Washington over the debt ceiling. [See video after the jump]

  • Julia A. Seymour's blog
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One Cheer for Bartiromo's On-Air Rant Directed at Ben Cardin

By Tom Blumer | December 22, 2012 | 11:38

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CNBC host Maria Bartiromo went after Maryland Senator Ben Cardin on the air on Thursday (HT PJ Tatler; original here) after it became clear that Cardin and his fellow Democrats won't support any measure to prevent the fiscal cliff from arriving as currently scheduled on Janaury 1 which does not include increases in the highest marginal income-tax rates. At the end of her tirade, she got applause and cheers from those around her.

I'll give her one cheer for clearly exposing Democrats' "my way of the highway" approach. She missed the opportunity to get to three cheers because it seems that she's just now recognizing after all these months that Democrats, including President Obama, won't accept any kind of a solution that doesn't involve raising the top rates -- even though they've been saying that very thing all along. Far more important: Even if you believe that the tax hikes discussed will actually increase government collections by $1.2 trillion over ten years, that amount is a tiny percentage of the trillion-dollar deficits the government will continue to run as long as the economy putters along at its current mediocre to poor pace.

  • Tom Blumer's blog
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With Right-to-Work Being Protested in Michigan, Liberal Media Avoids the Other Side of the Story

By Ryan Robertson | December 11, 2012 | 16:57

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Right-to-work legislation has passed in Michigan, despite the vociferous protests of bused-in union protesters in Lansing and sympathetic coverage from the liberal media, who have portrayed right-to-work as a blow to "union rights" as well as a "politically unnecessary" and "divisive" move by Republicans who control the state legislature and governor's mansion in a state that went strongly for Obama last month.

But there is another side of the story, which the liberal media outlets are seemingly ignoring. The Michigan-based conservative think tank called the Mackinac Center for Public Policy has not only published persuasive and thoroughly-researched reports advocating for the right-to-work policy, they are doing their best to inform the public with the facts and figures that the majority of the media refuses to acknowledge, much less verify.

  • Ryan Robertson's blog
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CNBC's Cramer Slams Norquist: You Want to Sacrifice Economy 'On the Cross of Two Percent'

By Kyle Drennen | December 04, 2012 | 11:46

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During the panel discussion on Sunday's NBC Meet the Press, CNBC Mad Money host Jim Cramer launched an assault against Americans for Tax Reform president Grover Norquist for holding Republicans to a pledge not to raise taxes: "What this is about is avoiding a recession which is going to happen....You're going to sacrifice that on the cross of two percent. Is that what you want?" [Listen to the audio or watch the video after the jump]

Norquist, a fellow panelist, shot back: "I'm supportive of the Republican position, which is we need to have economic growth, not higher taxes. If we grew at four percent a year instead of two percent a year, Reagan levels instead of Obama levels, for one decade we'd net five trillion in additional revenue. That would pay down the debt that Obama has run up with the Solyndra stimulus stuff."

  • Kyle Drennen's blog
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Breaking News: People Like the Government Giving Them Other People’s Money

By Seton Motley | December 04, 2012 | 09:40

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To paraphrase the estimable Yogi Berra - it’s like deja vu all over, and over, and over, and over again.

The Jurassic Press media is enraptured with a certain story.

  • Seton Motley's blog
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Bozell, Kudlow Discuss Media Bullying Republicans Over Anti-tax Pledge

By NB Staff | November 29, 2012 | 17:57

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NewsBusters publisher Brent Bozell appeared on the November 28 edition of CNBC's Kudlow Report, in his capacity as chairman of For America.

Kudlow brought the Media Research Center founder on to discuss the fiscal cliff and the need for Republicans to stand firm on opposing tax hikes, especially in light of the liberal media's tag-teaming with Democrats. "I can't hardly pick up a newspaper or website and not see anybody blaming [anti-tax-hike activist] Grover [Norquist]," Kudlow observed. You can watch that full segment below the page break. You can also find a transcript courtesy of Media Research Center intern Ryan Robertson below ( MP3 audio here):

  • NB Staff's blog
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Jack Welch on Obama’s Proposed Ozone Regulations: ‘It’s A Trillion Dollar Bill to the US Economy’

By Liz Thatcher | November 05, 2012 | 18:30

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On the Nov. 5 edition of CNBCs “Squawk Box,” former CEO of GE Jack Welch guest hosted and did not shy away from his opinions of the current administration. Welch emphasized the great opportunity America has with natural gas and how some of Obama’s proposed green energy bills pose a great threat to the economy.

One of those big threats, according to Welch, is the Ozone regulations bill, which was pushed back to be enacted in early 2013. “Ozone is a trillion dollar bill to the U.S. economy,” Welch stated. “If they put the ozone restrictions in that they want and take them down to sixty parts per billion, take them down there, it’s a trillion dollar bill.”

  • Liz Thatcher's blog
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Bush’s Former Chief Economic Adviser: 'Lower Proportion of Americans Are Working Today Than When Obama Took Office'

By Liz Thatcher | November 02, 2012 | 16:55

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On the Nov. 2 edition of CNBCs “Squawk on the Street,” former chief economic advisor to George W. Bush and Hoover Fellow Ed Lazear commented that today’s jobs report may not be as good as the Obama administration and media make it out to be. “You have to think about how much do you need to keep employment constant as a proportion of the population,” he stated.

  • Liz Thatcher's blog
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The Real Bailout: GM’s Alive, But Many Small Businesses Aren’t

By Liz Thatcher | October 25, 2012 | 10:29

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The auto bailout was a gift from the heavens … or so the media would have us think. They reported Obama’s foray into car manufacturing as having virtually no downside. And for the UAW, perhaps it didn’t. But for the hundreds of local car dealerships arbitrarily closed in the deal, the story was far different.

Someone has told the dealerships’ side of the story and, all too predictably, been met with media silence. Tamara Darvish, vice president of family-owned Maryland dealerships DARCARS, and automotive journalist Lillie Guyer, published “Outraged,” in 2011 to document how hundreds of small businesses lost everything in the bailout.

  • Liz Thatcher's blog
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Fact Checking the Fact-Challenged Obama Auto Bailout Czar

By Seton Motley | October 18, 2012 | 08:37

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Ex-Barack Obama Administration $82 Billion Auto Bailout Czar Steve Rattner has a bit of a problem telling the truth.

What Rattner does not have is a problem with the Jurassic Press Media calling him on his serial flights of factual fancy.

  • Seton Motley's blog
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Paging Chuck Todd: Rasmussen Had Obama in Best Position Among National Polls Fri. Morning

By Tom Blumer | October 12, 2012 | 23:49

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On October 3, as Kyle Brennan's at NewsBusters noted the next day, NBC News political director Chuck Tood, appearing on CNBC, characterized presidential polls generated by Scott Rasmussen's polling group as "slop."

The specific quote: "We spend a lot more money polling than Scott Rasmussen does. We spend a lot more money on quality control....I hate the idea that [NBC] polling, which is rigorously done, has to get compared to what is, in some cases, you know, slop." At the time, while many polls, including NBC's (done in conjunction with the Wall Street Journal), were showing Barack Obama with leads of four points or more nationally, Rasmussen was virtually alone Obama barely ahead and occasionally tied with Mitt RomneyChuck was clearly not pleased with that. Someone ought to ask Todd if his evaluation holds based on the results following the jump which were posted at Real Clear Politics early Friday morning.

  • Tom Blumer's blog
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CNBC Host Asks Jets Owner if He Knows Whether Tim Tebow is Still a Virgin

By Ryan Robertson | October 10, 2012 | 15:40

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As far as Joe Kernen of CNBC's Squawk Box is concerned, the word 'virgin' and Tim Tebow  are synonomous. Apparently, there can be no conversation about Tebow without bringing it up in a mocking manner for what is essentially a deliberate and faith-based decision.

In an interview with New York Jets owner Woody Johnson on Wednesday morning, the conversation transitioned from politics to football. Co-host Becky Quick asked about the backup quarterback, wondering what the future may hold for him. As complimentary as he could be, Johnson was adamant that Tebow will be on the team for at least three seasons.

That's when Kernen perked up, posing an innappropriate question for the team's boss without a second thought. [ video below the page break, MP3 audio available here ]

  • Ryan Robertson's blog
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DOL's Solis Misleads CNBC Viewers on Job Revisions, Admin's Willingness to Work With Congress

By Tom Blumer | October 06, 2012 | 09:51

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In a Friday interview where the primary purpose was to give her an opportunity to defend her Bureau of Labor Statistics, Obama administration Department of Labor head Hilda Solis gave CNBC viewers the false impression that prior-month upward revisions to reported job additions were in the private sector (they were all government jobs), and falsely claimed, despite her boss's refusal to do anything until after Election Day, that "Congress needs to work with us."

The video can be found at CNBC, where Solis tells the network's reporter that "I am insulted" that people would believe that BLS's books are cooked. Here is her specific quote on job growth (Solis's comments below are not in the text of the post; HT Breitbart's Big Government; bolds are mine):

  • Tom Blumer's blog
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NBC's Chuck Todd Slams Rasmussen Poll as 'Slop'

By Kyle Drennen | October 03, 2012 | 16:27

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Appearing on CNBC's Squawk Box on Wednesday, NBC News political director Chuck Todd launched into a rant attacking Rasmussen Reports polling: "We spend a lot more money polling than Scott Rasmussen does. We spend a lot more money on quality control....I hate the idea that [NBC] polling, which is rigorously done, has to get compared to what is, in some cases, you know, slop." [Listen to the audio or watch the video after the jump]

Co-host Joe Kernen challenged Todd: "[Rasmussen] was right, though, the last couple of elections." Todd shot back: "He got right at the end. It's what happens in the middle sometimes that seems a little bit – a little bit haywire."

  • Kyle Drennen's blog
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Politico Attempts to Create an 'All Hope Is Lost For Romney' Meme

By Tom Blumer | September 12, 2012 | 11:17

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After reading Ben White's "Morning Money" report at the Politico this morning, I went back to Real Clear Politics to make sure that I was up to date on the current polling. Currently, RCP has Barack Obama up by 3.2 points over Mitt Romney in an average of the five most recent polls -- and at least two of those polls are cooked.

But if we're to believe White, "bankers and their lobbyists" are already talking "about what went wrong with the Romney campaign, as if there is no chance the GOP nominee will turn it around and eke out a close win over President Obama."

  • Tom Blumer's blog
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The MRC@25: The Worst Media Bias of 1998

By Rich Noyes | September 12, 2012 | 08:01

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Each morning, NewsBusters has been showcasing the most egregious bias the Media Research Center has uncovered over the years — four quotes for each of the 25 years of the MRC, 100 quotes total — all leading up to our big 25th Anniversary Gala September 27. (Click here for details and ticket information.)

If you’ve missed a previous blog, recounting the worst of 1988 through 1997, you can find them here. Today, the worst bias of 1998: Journalists disparage Ken Starr for investigating Bill Clinton's tawdry scandals, while an ex-Time magazine correspondent reveals the depth of her appreciation for Clinton's pro-abortion policies. [Quotes and video below the jump.]

  • Rich Noyes's blog
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CNBC's Joe Kernen Calls Paul Krugman a Communist

By Noel Sheppard | September 11, 2012 | 17:15

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CNBC's Joe Kernen on Monday called New York Times columnist Paul Krugman a communist.

Kernen expressed the same sentiments for economist and Huffington Post contributor Dean Baker (video follows with transcript and commentary):

  • Noel Sheppard's blog
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Barney Frank: 'Unfortunately, Under American System, You Have These Checks And Balances'

By Mark Finkelstein | July 26, 2012 | 21:33

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Liberal fascism, anyone?  Add Barney Frank to the list of Thomas Friedman and Ray LaHood who regret that in the United States, that darn Constitution gets in the way of the enlightened class imposing its will on the rest of us benighted peons.

Sparring with Mario Bartiromo on CNBC this afternoon, Dem congressman Frank, expressing frustration at his inability to get through legislation he favors, lamented: "unfortunately, under this American system of government, you have these checks and balances."  Yeah, so unfortunate. If only Barney could be king for a day.  View the video after the jump.

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Lawrence Kudlow Schools Fareed Zakaria on Obama Ignoring 'Shale Revolution': 'He's a Solyndra Guy'

By Noel Sheppard | July 15, 2012 | 22:02

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CNBC's Lawrence Kudlow on Sunday gave Fareed Zakaria a much-needed education on Barack Obama's energy policies.

When the host of CNN's Fareed Zakaria GPS claimed the president deserved credit for the coming "shale revolution," Kudlow smartly replied, "He's giving none of the permits...He's a green energy guy. He's a Solyndra guy and he completely missed the boat on all of that stuff" (video follows with transcript and commentary):

  • Noel Sheppard's blog
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Media Fail: Government Motors Inflates Sales by Selling to...the Government

By Seton Motley | July 10, 2012 | 10:44

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The Jurassic Press was in full-throated ObamaChorus mode in reporting on General Motors (GM)’s allegedly strong June sales.

Very few failed to receive the sheet music.

  • Seton Motley's blog
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Former OMB Director Tells CNBC ‘There’s No Recovery’

By Julia A. Seymour | July 06, 2012 | 11:36

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The June jobs report was “very disappointing” for the Obama administration and to people looking for work, according to CNBC’s John Harwood. The 80,000 job gains was 20,000 short of expectations, and the unemployment rate was unchanged.

Moody’s economist Mark Zandi, who has often found a bright side to negative reports, reacted that way again saying there were “silver linings” in the report. But former Office of Management and Budget Director James Nussle strongly disagreed with those claims.

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