NBC

Cramer: Depression Comparisons are ‘Scare Tactics’

Do as I say, not as I do.

That appears to be Jim Cramer's philosophy. The CNBC "Mad Monday" host told NBC "Today" show viewers Dec. 2 that comparisons between the current economy and the Great Depression were inappropriate.

 "[T]hat's got to be taken off the table," Cramer told "Today" host Meredith Vieira. "There have been enough things done by this government to absolutely preclude that. I, myself, do not want to use that term ever again on the ‘Today' show even to compare it. Things are very different. We do need help from Europe; we need help from China. But take the Great Depression talk off the table. That is scare tactics."

 "I'm reluctant to start talking like that," Cramer said of describing the current recession as "the longest since World War II," as Vieira did. "I've adopted a ‘just the facts, ma'am,' approach, kind of a little bit more of a ‘Dragnet' approach, so to speak. Because when we give those characterizations what happens is we can affect things."

He was right. Comparisons to the Great Depression are way off the mark - Cramer makes them enough, he ought to know.

David Gregory to Replace Russert as 'Meet the Press' Host

After months of mystery, as well as less than stellar performances from interim host Tom Brokaw, David Gregory appears to have emerged the winner in the "Meet the Press" sweepstakes.

I guess anything would be better than Andrea Mitchell, right?

Politico reported moments ago (file photo):

No Raining on Obama’s Parade, As Nets Fail to Remember Attacks on Hillary

Less than nine months ago, the Obama campaign was slamming Hillary Clinton as utterly unqualified on foreign policy, having had no substantive experience during her husband’s administration and being dreadfully wrong in her judgment as a Senator when it came to “the most critical foreign policy judgment of our generation,” the war in Iraq.

A March 11, 2008 memo by Obama ally (and now incoming White House Counsel) Gregory Craig suggested Clinton (unlike Obama) was using “false charges and exaggerated claims to play politics with national security.” The memo was passed around as Clinton was slamming Obama as not ready to take a “3am phone call” on a national emergency.

Yet today, as President-elect Barack Obama named Hillary Clinton to the top foreign policy post in his administration, none of the three broadcast networks chose to disrupt the moment by reminding anyone of Obama’s argument of a few months ago that, when it came to foreign policy, Clinton is an inexperienced phony. [UPDATE at end]

NBC Exec: Obama's Skin Color Gives Him More Legitimacy Than Any American Leader In History

The number two man at NBC News believes Barack Obama's skin color gives him more legitimacy around the world than possibly any American leader in history.

For those unfamiliar, Mark Whitaker is the Senior Vice President that succeeded the late Tim Russert as NBC's Washington Bureau Chief, and currently oversees national and international reporting for all the network's news programs including the "Nightly News," the "Today" show, MSNBC, and "Meet the Press." 

As part of the panel on Sunday's "The Chris Matthews Show," Whitaker said the following about Barack Obama (h/t American Thinker's Marc Sheppard, file photo):

Gregory Interview of Chabad Rabbi: Faith, Optimism in Face of Tragedy

Of all the genres of interviews, those conducted by the media with family and friends of victims of tragedy are among the most difficult and often least successful. 

A remarkable exception to that rule comes in the form of the interview David Gregory conducted on this morning's Today show with Rabbi Shalom Paltiel, who was a friend of the Chabad couple murdered in Mombai and is a fellow member of the Chabad movement.

Gregory demonstrates knowledge and sensitivity, and Rabbi Paltiel exhibits a faith and optimism in the face of tragedy that people of all faiths should find inspiring.  I encourage people to watch.

Rosie's Variety Show Flops...BIG Time!

Here's something to be thankful for: Rosie O'Donnell's variety show flopped BIG TIME Wednesday night.

All together now: Awwwwwww!

As James Hibberd of The Hollywood Reporter wrote Thursday morning, "Rosie O'Donnell gave NBC a real turkey."

According to the numbers, that's an understatement:

Rosie Breaks Pledge of No-Politics Show With Obama, Palin, O'Reilly Jokes

Rosie O'Donnell pledged her NBC variety show on Wednesday night wouldn't get political -- but it did, with gooey praise for Barack Obama at the beginning and then halfway into the show there were lame jokes against Bill O'Reilly and Sarah Palin.

She began by saying there's wouldn't be politics, but had to say "just two words: Barack Obama." She looked up to God and mouthed "Thank you" while the audience cheered. "I can't get over it, really," Rosie claimed. "It's been 22 days since the election and I just yesterday stopped hugging every black person I see."

More than 30 minutes into the show, Rosie played some sort of police officer and a woman playing a pig-tailed little girl (carrying a stuffed animal) cracked jokes with her. After making fun that Rosie wasn't on the diet show Celebrity Fit Club, the pig-tailed one said "I have problems of my own. Bill O'Reilly just Friended me on Facebook." (Andrea Mackris sex-harassment suit humor, no doubt.)

That joke was harsher than the Palin joke. The girl next wondered if Alanis Morrisette was ready to sing yet, since "this sketch is dying faster than a moose at a Sarah Palin picnic."

The Anti-Krugman: Rogers Says Let Banks Fail

Paul Krugman has been making the rounds of the network morning shows, urging the government to "go big" in spending to revive the economy.  His only concern is that Obama might not be planning to spend enough.  Heck, even FDR wasn't a big enough spender in his book.  View Krugman's weekend GMA appearance in which he says that here, the episode in which, as discussed here, Krugman of all people had to talk Kate Snow down from her fantasy of Obama "forcing" the Bush administration to adopt his policies.

None of the network shows had anyone on to debate Krugman.  But the Early Show did invite Jim Rogers in today to give very much the other side.  The legendary investor's take: let the banks fail.  The massive bailout underway will put our country in hock for decades.  Almost 20 years later, Japan has still been unable to get out of the hole it dug when it, like the US now, decided certain institutions were too big to fail.

Bartiromo Interview of Prince Alwaleed: SNL Skit Begging To Happen

Update 11-25 8:20 AM: Morning Joe Makes SNL References -- see discussion at foot.

Call it "The Wild 'n Crazy Guy–Billionaire Style."  Maria Bartiromo's interview of Saudi Prince Alwaleed, the largest shareholder of Citigroup, is literally a Saturday Night Live skit waiting—begging—to happen.

CNBC's Bartiromo conducted the interview by remote this afternoon. When the camera went to the prince in Riyadh, you might have expected to find him in a TV studio, or perhaps in his business office, maybe even in one of his palace rooms.  But no, there he was sitting outdoors, apparently by his stables, with seated camels and sleek horses very visible in the background.   And rather than being attired in business or traditional Saudi dress, the Prince was duded up with an open collar, tinted glasses and a scarf warding off the desert's cool night air.  He could be seen occasionally fingering what appeared to be golden worry beads.

View video here.

Brokaw Ignores Obama's FDR-Like Refusal to Work With Bush Economic Team

Though given a perfect opportunity to do so, Tom Brokaw on Sunday chose not to discuss the similarities between Franklin D. Roosevelt's refusal to work with President Herbert Hoover on solving the Depression before he was inaugurated in March 1933 and president-elect Barack Obama doing the same thing today with George W. Bush.

For those not familiar with the historical reference, the financial crisis at the time of the 1932 elections was so bad that banks were failing on almost a daily basis. As a result, Hoover felt the country couldn't wait until March when inaugurations used to take place to hear what Roosevelt's plan was to solve these problems, and wanted FDR and his economic team to come to the White House in order to work some things out together.

Sadly, Roosevelt refused, and although he claimed it was so that his hands wouldn't be tied once he officially became president, some historians feel FDR's delay was designed to allow the crisis to deepen so that it would become easier for him to get his policy proposals passed.

On Sunday's "Meet the Press," the fact that President Bush wants to work with Obama and his team concerning the financial crisis surfaced in discussion with former Reagan treasury secretary James Baker and former Clinton commerce secretary Bill Daley. Unfortunately, Brokaw chose not to address this seemingly-important historical comparison and precedent (video embedded below the fold, relevant section begins at 6:15, file photo):

'Regret' Not Enough: Brokaw Calls Lieberman On Lack Of 'Apology'

Tom Brokaw: talk show host or DNC enforcer?  Barack Obama and Harry Reid were willing to let bygones be bygones, letting Joe Lieberman keep his Homeland Security Committee chairmanship. 

But Lieberman's professed "regret" for statements he made in the course of supporting John McCain for president wasn't good enough for Brokaw.  Interviewing the senator on Meet The Press today, Brokaw pointedly observed that he hadn't heard the word "apology" for Lieberman's lèse majesté.  Brokaw broached the subject by asserting Lieberman needed to be held "accountable."

Chris Matthews Praises 'Magnanimity' of Obama's Hillary Nod

Is Chris Matthews having more thrills about Obama? The "Hardball" anchor appeared on the November 21 edition of "Today" sounding more enthused about the incoming Obama administration than Obama’s own spinmeisters. With the news of Hillary Clinton as the incoming secretary of State, Matthews called it "an astounding gesture of magnanimity."

Taking a swipe at the outgoing Bush administration, Matthews claimed the world is "waiting to see us back in that family of nations" and touted Bill Clinton’s alleged popularity around the world. Matthews even opined that despite past primary rivalries, "the relationship is going by swimmingly."

Meredith Vieira then questioned Matthews why Obama has not urgently named a Treasury secretary with the financial crisis. Matthews defended the Obama transition team again opining "I think he’s got to wait to do what’s right," so he can look like "a Roman phalanx."

'Today' Begins Annual Global Warming Scare Week

The full "Today" show cast went to "The Ends of the Earth," as a part of NBC Universal's "Green Week," all in an effort to, once again, do the bidding of the likes of Al Gore, to create hysteria about global warming. With live reports from Matt Lauer worrying about reefs off the coast of Belize, Meredith Vieira fearful about drought conditions in Australia, Ann Curry watching the snow caps melt on Mt. Kilimanjaro and Al Roker troubled by glacier extinction in Iceland, the cast pushed the green agenda throughout Monday's "Today" show. Co-anchor Vieira, near the top of the show, set the table for her cast mates this way:

And so, we venture to the most breathtaking sights, threatened by a changing, warming planet, chilling beauty on the verge of vanishing. The depths of a remote ocean paradise. Belize's great Blue Hole, a reef in peril. Down under, the Australian continent dangerously dry. The frigid north, Iceland's vast glaciers melting. And up Africa's highest summit, where the snows of Kilimanjaro are disappearing. The warnings are stark. A vortex of trash twice the size of Texas, toxins bleeding into the ocean, rivers that can not reach the sea, species lost forever. Clouds, rain, storm's fury borne of the ocean, slowly drown distant nations. Islands disappearing and in their wake, a new kind of refugee, so far away and so close to home. Throughout our planet and within our bodies, water flows. We cannot survive without it. Yet, 1 billion people don't have enough. Our new thirst may fuel wars. Is water the oil of tomorrow?

The following are just some of the scarier, introductory teasers from the "Today" cast as they occurred on the November 17, edition of the "Today" show:

Brian Williams, Parade Magazine's Foie Gras Phony?

Brian Williams in Parade magazine photo; November 16, 2008Despite his affection for that elitist Barack Obama, NBC Nightly News anchor Brian Williams is aggressively marketing his regular-Joe credentials again. He starred on the cover of Sunday’s Parade magazine insert in many newspapers across the country, illustrating "What America Eats." He declared on the cover, holding up a slice of pizza on a flimsy paper plate: "Ours is a country of great pizza joints."

Inside, the headline was "I’m Blissfully in Love With Food Courts," and he declared his love for Arby’s, Cracker Barrel, and Waffle House. So it might come as a surprise to Parade readers that Williams lives in one of New York’s swankiest addresses in Manhattan with the chic restaurant Le Cirque on the ground floor, which offers high priced cuisine like an appetizer of terrine of foie gras with Gewurtztraminer gelee for $38. "It’s better than having an Applebee’s in the lobby," he joked to the New York Observer in 2006.

Scare-Mongering on Steroids: NBC Warns Oceans Could Rise 200 Feet!

Forget Al Gore's measly 20-foot sea level rise from "An Inconvenient Truth."  That's small potatoes compared to the kind of catastrophe Meredith Vieira was talking about last night.  Kicking off NBC's Global Alarmism Green Week during the halftime of Sunday Night Football, Vieira raised the spectre of the seas rising . . . 200 feet!  Al imagined much of Manhattan under water, but if Meredith's scenario comes true, we're near to talking Manhattan, Kansas By The Sea! [H/t reader Mick L.]

Just one little problem:  Meredith's talk of 200 feet exaggerates the increase predicted by scientists by . . . literally hundreds of times.

Pinkerton: MSNBC Backs Obama, Gets $139 Billion Gov Guarantee

Is MSNBC being rewarded for having backed Obama?  That's what Jim Pinkerton suggests.  On this evening's Fox News Watch, the columnist and New America Foundation fellow cited the news that GE Capital, a subsidiary of MSNBC's parent company GE, has received a $139 billion government loan guarantee.

Host Jon Scott opened this evening's show opened with a clip of Chris Matthews [in a story that NB was first to report], saying that he saw as his "job" making the Obama presidency a success.  Pinkerton unloaded.