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“Exposing & Combating Liberal Media Bias”
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Melissa LeeVintage Santelli: PelosiCare Threat to Recovery; Dow Climb Due to Market Bet on Fed Response to UnemploymentA rising Dow Jones Industrial Average (DJIA) means better times are on the way, right? Not necessarily, according to CNBC CME floor reporter and tea party movement inspiration Rick Santelli. Santelli made an appearance on CNBC's Nov. 6 "Fast Money," a show which the host, Melissa Lee, is skittish about a discussion that politics interferes with the market is a reality. Nonetheless, Santelli explained there so happens to be correlation between a rise in unemployment rates and the rise in the Dow Jones Industrial Average. "[I] think we're building a stairway to heaven in Dow prices on the back of paper and I think that, you know it seems kind of dire to me that 8 percent - 8,000, 9 percent - 9,000, 10.2 - 10,000," Santelli said. "I shudder to think where the unemployment rate is going to be at 11 and 12,000 in the Dow." CNBC's Terranova: Missile Defense Decision Will Send Oil HigherBack during 2008, Congressional leaders were eager to call oil executives to testify before them because of the high price of gasoline, which was tied to the higher prices of oil. On Sept. 17, President Barack Obama surprised a lot of people and announced he was pulling the mat out from under two Eastern European allies - Poland and the Czech Republic - when he decided not to go forward with a missile defense shield proposed during the previous Bush administration. "President Obama reeling back the Bush administration's plans for a missile defense shield in Eastern Europe, instead opting for a new system he says is better equipped to fend off an Iranian threat," "Fast Money" host Melissa Lee said on her Sept. 17 show. Bozell Column: Porn, Just Another Business?
Take the case of a true pervert, Paul Little, who calls himself "Max Hardcore." The British author Martin Amis submerged himself in the sleaziest subcultures of sex on film for the British newspaper The Guardian a few years ago. He recalled the making of Little’s "Hollywood Hardcore 13." The film included a series of...excretory humiliations. 'Today' Slams Citi for Trying to Switch from Bonuses to Salary Hikes Just last year the government claimed bailouts of major banks like CitiGroup were necessary to prevent economic collapse. But now that banks are turning a profit NBC is returning to attacks on pay.
A June 24 segment of “Today” attacked CitiGroup’s “internal discussions” to raise salaries (by 50 percent in some cases) and other major banks with footage from the 1987 movie “Wall Street,” AIG protest footage and an unemployed Michigan woman. Meredith Vieira began by stoking class envy saying the story “might make some people hot under the collar.” Citigroup “wants to move away from paying big bonuses by instead giving nearly 300,000 workers large pay increases and it is not alone,” Vieira said. 'Fast Money' Cast Debunks Legend of 'Dr. Doom' RoubiniHe's beloved by the gossip culture of Manhattan and was recently embraced by the left for hurling insults at CNBC "Mad Money" host Jim Cramer. But as Cramer's CNBC "Fast Money" colleagues explained, if you listened to NYU professor Nouriel Roubini, you would have missed out on a lot of stock market upside. Roubini, often called Dr. Doom and known for crazy parties, predicted back in 2005 the speculative housing bubble would be the eventual undoing of the economy - and he was correct. However, as Jeff Macke, founder and president of Macke Asset Management and panelist on "Fast Money" explained May 11, being two years early with that prediction wasn't something to hang your hat on. "Let me give you a little hint on trading," Macke said. "If you're two years early on any idea, what you are mostly is dead. You're a professor, as opposed to a trader. And if we still have time to talk after the five-minute butt kissing we gave the guy, I'll tell you what - he hasn't made anyone a cent. Until he does, as far as I'm concerned, it's a nice opinion but it's not making me money." CNBC’s Melissa Lee in as 'Fast Money' Host; Former Host Ratigan Admits He’s Open to Work for Obama or NYC Mayor BloombergOne of the subplots in the soap opera known as CNBC took another turn on Monday as some of the pieces fell in place of who's doing what and why. Last Friday, CNBC and former "Fast Money" host Dylan Ratigan parted ways officially. However, on CNBC's March 30 "Fast Money," show panelist Guy Adami, the managing director of Drakon Capital, announced Melissa Lee, a fill-in host over the past year for the popular network show, as the new caretaker of the show's "center seat," that plays the moderator role for the show. "Whoa, whoa, whoa, and nothing," Adami said. "Listen, clearly you've noticed some changes on the set, but as a show and as a network, we'd just like to wish Melissa Lee, the Emissary, all the best as she now takes the center seat on ‘Fast Money.'" CNBC's Deutsch Doesn’t Want 'Idiots' on Wall Street Making $10 Million a Year; Calls for Education System to 'Breed' ExecutivesWant a little populist outrage? There's nothing like hearing it from a multi-millionaire advertising mogul with a spot on CNBC. Donny Deutsch, the host of "The Big Idea," a show the network has shelved, explained to viewers on the March 25 broadcast of "CNBC Reports" he wants measures put in place to keep prevent people he regards as "idiots" from making $10 million a year. "The issue is even now, with the new asset program, basically if it works, the taxpayer's taking up all the risk," Deutsch said. "God forbid it doesn't work, taxpayers are really going to take it on the chin. And let's say we get it right and the banks are lending again and everything is fine again - what is now put in place on Wall Street to make sure idiots are not getting paid $10 million a year?" CNBC's Santelli Invited to the White HouseWill wonders ever cease? First, a NBC network airs its Chicago Mercantile Exchange floor reporter making a call to action against all the populism that has inundated the political dialogue over the past six months. Now, the same reporter, Rick Santelli, has been invited by White House Press Secretary Robert Gibbs to the White House. On CNBC's "Street Signs" Feb. 20, Santelli told viewers he would accept Gibbs' invitation. And, although his critics thought he was over-the-top, he said he still felt good about his impassioned plea. "Well, I tell you what Melissa Lee," Santelli said. "It's been a wild afternoon, but I do want to point out - I do believe I was invited to the White House by Mr. Gibbs and I want to let him know, I would love to. I would love to accept and the decaf sounds good, but I prefer tea, but thank you for bring this into the forefront. This is an issue that means a lot to everybody and I'm glad it's getting a high degree of introspection, debate and I think that's essential. I feel really good about that." On 'Today': Obama Like A 'Scolding Parent' to Wall Street
Cramer Says He Won’t 'Kiss Up' for Bernanke Interview and Fed Wants 'Us to Live in Hoovervilles'CNBC “Mad Money” host, resident ranter and stock-picker extraordinaire Jim Cramer can now add “media critic” to his list of duties. Over the past six months, Cramer has become a YouTube sensation for taking shots at Federal Reserve Chairman Ben Bernanke, including his infamous “They know nothing” rant on CNBC’s August 3 “Street Signs.” Today Cramer used his “Stop Trading” segment on CNBC’s “Street Signs” to blast Bernanke some more and accused some in the media of kissing up to Bernanke for the “big interview.” “I guess I should just kiss up and get the big interview with Ben like everybody else wants,” Cramer said to “Street Signs” fill-in host Melissa Lee. “Sorry, I could care less.” Cramer obviously wasn't impressed with Bernanke's comments yesterday where he said the Federal Reserve stood ready "to take substantive additional action as needed to support growth and to provide adequate insurance against downside risks." |
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