Christine Romans

CNN's Romans: Unemployment Benefits Extension 'Would Not Come Out of Your Pocket and My Pocket'

On her segment of CNN Newsroom this morning, anchor Heidi Collins asked business correspondent Christine Romans about Senate action on extending yet again unemployment benefits:

CHRISTINE ROMANS, CNN BUSINESS CORRESPONDENT: You're right. And Heidi, all of those things that you mentioned are incredibly important to your money and all of them could affect you very, very near-term here. This extension of the unemployment benefits, it would be the third.

The Senate has passed it. It goes to the House. It's expected to be voted on and passed very, very quickly here. Because, remember, your Congress member and your senator, they are being inundated in their offices with questions from people saying, wait, how am I going to survive when this check runs out? Seven thousand checks running out every week.

It would be a 14-week extension nationwide, 20 weeks of unemployment. More unemployment benefits for the states with 8.5 percent unemployment or more. And this would be paid by a two-year extension of an existing -- existing tax on employers. So this would be paid for by a tax on employers.

It would not come out of your pocket and my pocket. But it would be the third extension here, Heidi. And it's critically important. Like I said, so many people are losing their unemployment benefits right now. Some 200,000 have lost their jobless benefits just as the Senate has been negotiating this.

Halloween Surprise: CNN Praises Capitalism, Bashes Socialism over Trick-or-Treating

Apparently all it takes for CNN to realize the greatness of capitalism is to reminisce about childhood trick-or-treating.

CNN's "American Morning" condemned socialism and praised capitalism on Oct. 30. No, they weren't discussing big bailouts or entrepreneurs. They were talking about Halloween candy.

"Okay. This is the most, this is the most capitalist of holi- this holiday is so capitalist. It's about getting the most for the least amount of work right," exclaimed business correspondent Christine Romans.

Romans was telling anchors John Roberts and Kiran Chetry that Zillo.com tracks the best neighborhoods for trick-or-treating based on "how rich the neighborhood is, how drivable it is, its crime rate - so that you can teach your children to make sure they can get the most, best candy with the least amount of effort. I love that."

Sportswriter: Black NFLers Claiming They Won't Play for Rush 'Are Lying Through Their Teeth'

Sportswriter Stephen A. Smith says the black football players claiming they wouldn't play for a team that conservative talk radio show host Rush Limbaugh owned "are lying through their teeth. They're walking hypocrites."

This occurred Saturday on CNN's "Your Money."

Smith also claimed that what Limbaugh said about Philadelphia quarterback Donovan McNabb a few years ago shouldn't disqualify him from owning an NFL team (video embedded below the fold with partial transcript, h/t Story Balloon):

CNN Highlights Dangers of Obama’s Deficit: ‘Taxes That Would Make a Scandinavian Revolt’


Amid all of the tributes to Ted Kennedy’s lengthy career of expanding the scope of government and its cost to taxpayers, CNN’s American Morning on Friday dug up a six-week old op-ed from the Tax Policy Center’s Len Burman warning that massive trillion-dollar deficits are a catastrophe that could lead to the end of the U.S. as a great power “or even a mediocre one.”

With the on-screen graphic reading “Higher Taxes Inevitable?” business correspondent Christine Romans announced to viewers “I’ve just got to tell you about this handwringing that's happening, and what it's going to mean for you. We're spending vastly more than we take in. We will for the foreseeable future. We're racking up these deficits, we pay interest on all of this debt.”

CNN'S Romans: 'Everyone Is Getting This Big Tax Break'

On CNN's American Morning today, business correspondent Christine Romans explained to anchor Kiran Chetry why there are new estimates showing the Federal deficit to be much worse than originally projected by the Obama administration:

ROMANS:  Why? OK, this is really -- it's a complicated problem with a very simple analysis. It's how much money the government is taking in and how much money is going out.

Let's look at how much is going out. Government spending has skyrocketed as you all know over the past couple of years, up 21 percent in the first ten months of this year. Unemployment benefits, health care, bailout programs. We are spending more money than we take in. We are spending gobs of money constantly on lots of different programs to try to get this economy out of the mess it's in. At the same time, revenue is plunging.

The money that's coming in to the Treasury Department is plunging down 17 months in the first ten months, or 17 percent, rather, in the first ten months, declining income and peril taxes. People are out of work. We're not making as much money.

CHETRY: Right.

ROMANS: That's going down. Non-wage income. All other kinds of income people have down sharply. And then that stimulus tax credit -- that has to come from somewhere. Right? Everyone is getting this big tax break, that means less money going in.

CNN: Ladies Nag Obama about Lack of Women’s Jobs


Kyra Phillips of ‘Newsroom’ and Christine Romans discuss ‘discouraging’ lack of women in Obama’s cabinet, job package that ‘favors’ men.

Liberal feminists claim that President Obama’s administration will not have enough female representation and that the job creation part of his stimulus plan will favor men.
 
But on CNN’s Newsroom, lack of the feminist perspective certainly wasn’t an issue Jan. 23. In fact, it was the only voice viewers heard.
 
Newsroom host Kyra Phillips introduced Christine Romans’ estrogen-dominated segment which included feminists complaining about Obama. Romans mentioned that six cabinet positions out of 21 have gone to women, yet liberal feminist groups like National Organization for Women (NOW) and The New Agenda were “disappointed.”

CNN Frets Bill Clinton Was Too Conservative

Christine Romans, CNN American Morning | NewsBusters.orgThursday's edition of CNN's "American Morning" featured a "fact checking" segment on the claims former President Bill Clinton made about his accomplishments as president during his speech to the Democratic National Convention. The segment wasn't much of a "fact check" as CNN Business Correspondent Christine Romans mostly reminisced about the "glory days" of the '90's. But what she did find was that the worst part of Clinton's presidency was one of his more conservative actions: "He also signed into law a historic deregulation of the financial system, dismantling laws from the Great Depression that many say would have protected us against the current mortgage crisis."

Other problems the correspondent found with Clinton's presidency include: "the go-go days of the '90s also gave us the dotcom boom. And when that went bust, Allan Greenspan and the Federal Reserve lowered the interest rates to ease the pain. Dropping them so low, many now see the roots of the current housing mess way back in the dotcom boom. Plus, the '90s gave us this obsession with record home ownership with Clinton as a principal cheerleader."

Dobbs Rants About Safety Chief’s Remarks; Calls Her 'Imbecilic'

No one has ever accused Protectionist-in-Chief and CNN host Lou Dobbs of being one to exercise discretion when something has ticked him off.

The host of “Lou Dobbs Tonight” blew up after interview after CNN correspondent Christine Romans interviewed Nancy Nord, chairman of the United States Consumer Product Safety Commission, on his a February 18 show.

This – Nord, is she as imbecilic as she appears to be as absolutely insensitive to American consumers, as absolutely lacking the judgment to run a federal agency designed and created to protect the American consumer?” Dobbs asked. “I mean this woman is beyond belief.”