WaPo's Frank Ahrens Suggests Krugman, Kudlow as Potential Romer Replac
Paul Krugman and Larry Kudlow - not exactly two guys you would associate with one another. However, they are two media figures Washington Post columnist Frank Ahrens thinks should be candidates for the same job. In his Aug. 15 column, Ahrens wrote about some of the people that should replace outgoing chair of the White House Council of Economic Advisers Christina Romer. He named several…
Cramer: Democrats, Not Fed Policy, to Blame for Economic Malaise
Surprise - the Federal Reserve announced it will keep the Fed funds rate between zero and 0.25 percent. OK - it's not really much of a surprise. However, Federal Reserve Chairman Ben Bernanke has responded to the slowing economic recovery with restraint, not tinkering with interest rates and showing a continued willingness to buy mortgage-backed securities and long-term Treasury bonds. And that…
Chris Matthews Show: Hillary Should Replace Biden to Help Obama's Re-e
The panel of the syndicated "Chris Matthews Show" this weekend campaigned for Hillary Clinton to replace Joe Biden as Vice President in order to assist Barack Obama's re-election in 2012 and set her up for a successful presidential bid in 2016. As NewsBusters reported Wednesday, Chris Matthews on that evening's "Hardball" had former Virginia governor Doug Wilder and New York magazine's John…
Cramer Rips Federal Gov't for Congressman’s 1,000-2,000 Dow Drop Pre
On CNBC's June 29 broadcast "Power Lunch," Rep. Paul Kajorski, D-Pa. made a pretty prediction about the Dow Jones Industrial Average (DJIA) should Congress be unable to pass financial regulation legislation. [Video Available Here] "You know, I wish every one of them would ask the question and also the industry and media, what happens in this country if this bill fails?" Kanjorski said. "Do you…
CNBC's Cramer and Burnett: Could BP and Obama Have Handled Spill Bette
Reports are surfacing that BP is finally considering a suspension of its shareholder's dividend, but what could have been done differently to avert the public relations nightmare BP is facing? Two CNBC hosts had some ideas about that, and about what could have happened if BP chose not to play ball. Jim Cramer and Erin Burnett shared their thoughts on the "Stop Trading" segment of "Street…
Biden Debunked: Cramer Declares Avoiding Taxes a 'Patriotic Duty
Back during the 2008 presidential campaign, then-Sen. Joe Biden, the Democratic nominee for vice president said it was "patriotic" for people to pay more taxes, in an interview on ABC's "Good Morning America." But what if you don't have to pay more taxes legally? Biden's reasoning was simplistic - that we all need to "jump in, time to be part of the deal, time to help get America out of the rut…
CNN Finds 'Good News' in Jobs Report, But CNBC's Burnett Argues 'Numbe
The Bureau of Labor Statistics released the monthly jobs report on Feb. 5, showing an "unexpected" decline in the overall unemployment rate. But the reactions from two cable news channels were markedly different. CNN's Allan Chernoff called it "a little bit of good news," even though 20,000 more people lost their jobs in January. He said economists were actually expecting a gain of 15,000…
Cramer React to SOTU: Notes Nat Gas Ignored by Obama; Defends Geithner
President Barack Obama encouraged some business interests by mentioning nuclear energy and offshore drilling during his Jan. 27 State of the Union speech. Those less popular energy solutions joined the usual alternative rhetoric of wind, solar and bio-fuels. But on CNBC's Jan. 28 "Street Signs," Jim Cramer, host of CNBC's "Mad Money" noted something was missing - an important onshore energy…
Tina Brown: Limbaugh 'Like the Bad Fairy at Sleeping Beauty's Christen
The Daily Beast’s Tina Brown targeted Rush Limbaugh for ruining 2009, particularly after Obama’s inauguration, on Thursday’s Today show on NBC, blaming him for the “big discord and toxic atmosphere in politics,” and likened him to the “the bad fairy at Sleeping Beauty’s christening” for uttering his famous words about the President, “I hope he fails” [audio clip available here].Brown slammed the…
MSNBC.com Analyst: Palin's 'Reality Show' Life Not Good for Grandson
MSNBC.com’s Steve Adubato went so far to compare Sarah Palin’s notoriety to a reality show during a segment on Wednesday’s Today show on NBC. Adubato acted as an apologist for Levi Johnston’s move to open his child custody dispute with Bristol Palin: “Sarah Palin’s reality show that she’s been on for the past couple years...It has an impact on this baby as well....and it’s not good for the kid…
CNBC Host Upset 'American Political Community' Worried about 'Killing
It's a good thing New York Times columnist Thomas Friedman wasn't a used car salesman because CNBC "Squawk on the Street" co-host Mark Haines would have driven off the lot in a lemon. Friedman appeared on the Dec. 14 broadcast of "Squawk on the Street" to promote the paperback release of his book, "Hot, Flat, and Crowded." And once again, he made the case the United States is lagging behind in…
CNBC’s Harwood: Chance of Dems Pushing Another Stimulus to Save Face
Here we go again. We've already seen how ineffective the previous $787-billion stimulus Congress and the President forced through earlier this year has been with curbing unemployment, as it has raced into double-digits over the previous months. But will there be an effort to force through another one? Earlier this week, Speaker of the House Nancy Pelosi made overtures of another stimulus in a…
Cramer to Wall Street Execs to Be Hit by Obama’s Draconian Pay Restr
Worried about a potential slippery slope with the Obama administration dictating what people are paid in the private sector - TARP bailout or no TARP bailout? Message from CNBC's Jim Cramer: Get over it. On CNBC's Oct. 21 "Street Signs," the "Mad Money" host ripped into Wall Street executives that objected to the government dictating the rules of compensation. Opponents argue these pay…
CNBC's Cramer: Blame Congress for Obama's Diminishing Popularity
Karl Rove, David Axelrod - look out. CNBC "Mad Money" host Jim Cramer has the political climate figured out. Since inauguration, President Barack Obama has seen his approval ratings fall by almost every poll and that's historically a normal reaction as the newness wears off a new president. During his Sept. 30 "Stop Trading" segment on CNBC's "Street Signs," Cramer pointed out that although…
