Media Revelation: Obama is Going to Raise Taxes
About a year ago, then-Senator and Democratic nominee Barack Obama managed to seize control of the issue of taxes from the Republican Party by promising lower taxes for "95 percent of Americans." But today it's a drastically different situation. Obama's $787-billion stimulus has been passed into law and the administration is taking on higher deficits, which will only increase if a Democrat…
Former British Health Minister: U.K. System not 'Ideal' for U.S
Remember when Michael Moore depicted the United Kingdom's National Health Service (NHS) as a superior health care system in his 2007 documentary "Sicko"? That romanticizing on the silver screen might have seemed like a good idea for the American society, but according to Lord Ara Darzi, it's not ideal for the United States. Darzi, a former British Health Minister, appeared on CNBC's Aug. 31 "…
CNBC's Cramer on Glenn Beck Advertisers: 'I Think They All Come Back i
Keith Olbermann, Ed Schultz and the brain trust at ThinkProgress probably won't like this, but CNBC "Mad Money" host Jim Cramer thinks the Glenn Beck boycott won't have an impact on NewsCorp's (NASDAQ:NWSA), the parent company of Fox News, bottom line. During the "Stop Trading" segment on "Street Signs" Aug. 24, Cramer explained that Unilever (NYSE:UN) was going all out with its advertising, by…
'Mad Money' Cramer: 'Demonize' Unhealthy Foods to 'Embarrass People' t
It's no longer just enough to educate people about making healthy decision. You now have to influence them psychologically to effect true change according to CNBC's Jim Cramer. Cramer, during his "Stop Trading" segment on CNBC's "Street Signs" on Aug. 10, suggested eating so-called unhealthy food be demonized, similar to how the tobacco industry has been - through a publicity campaign that even…
CBS Sees ‘Runaway Success’ in Failing ‘Cash for Clunkers’ Prog
Reporting on the Obama administration’s ‘Cash for Clunkers’ car buying program running out of money, CBS correspondent Nancy Cordes offered a mixed message: "‘Cash for Clunkers’ has been such a runaway success....The program is so popular...word spread it would be suspended...because of fears that sales would soon swallow up the $1 billion for rebates the government had set aside."At the top of…
CNBC's Cramer: 'Remember When Business Was on the Front Page
While much of the country has been captivated by the passing of pop star Michael Jackson, the scandal of South Carolina Gov. Mark Sanford and turmoil in Iran and Iraq, business news has fallen off the front pages. That was the observation CNBC "Mad Money" host Jim Cramer made on the June 26 broadcast of "Street Signs." Cramer noted that the front page of the June 26 New York Times was entirely…
Cramer, Burnett: Iran Election Results Expected; Turmoil behind Ballot
Usually when there's turmoil in the Middle East, you'll see a spike in the price of oil, but not this time. On June 15, the first day of trading since the public backlash in Iran began from what many are calling a fraudulent election, the price of oil has actually declined - after a rally over the past few weeks. But as CNBC's Jim Cramer pointed out on his June 15 "Stop Trading" segment on "…
Wall Street Bets Obama Will Fire Bank CEOs Next Says CNBC Reporter
After General Motors (NYSE:GM) Chairman and CEO Rick Wagoner was forced out by President Barack Obama, Wall Street is betting bank CEO firings will be the next shoe to drop. CNBC's New York Stock Exchange floor reporter Bob Pisani told viewers of CNBC's March 30 "Street Signs" the market's actions, with the Dow Jones Industrial Average (DJIA) dropping as much as 300 points, are reflect, in part…
Cramer Flip-Flops on Obama's Anti-Wall Street Rhetoric: 'The President
Could this be another case of a chastened CNBC succumbing to criticism from the left to improve its image? Just a day after CNBC named former Democratic National Committee chairman Howard Dean a CNBC contributor, an uncharacteristically soft-spoken CNBC "Mad Money" host Jim Cramer, appeared on NBC's March 24 "Today" along with CNBC "Squawk on the Street" co-host and "Street Signs" host Erin…
The Huffington Post's New Obsession: CNBC
It's the latest ailment of the left - CNBC derangement syndrome. Since CNBC's Rick Santelli and Jim Cramer took an outspoken stance on the shortcomings of the Obama administration, left-wing storefronts have been popping up all over the place wanting to capitalize on the network after it took a vicious attack from Comedy Central "The Daily Show" host Jon Stewart. After CNBC "Squawk on the…
CNBC Host to Rangel on AIG Bonus Tax Push: 'Talk About Violating the P
In the wake of the American International Group (AIG) bonus controversy, some have called the plans of congressional leaders to tax those bonuses at a rate of 90-100 percent "legislating with a vengeance." However, Chairman of the House Ways and Means Committee Rep. Charles Rangel, D-N.Y., insists that doing this is a necessity, despite the premise that retroactively taxing anything is a…
Bill Maher Bashes CNBC's Cramer for Calling Obama Lenin
In today's Pot Calling the Kettle Black moment, Bill Maher thinks CNBC's Jim Cramer isn't helping by suggesting that President Barack Obama is Lenin.This coming from a man who built an entire weekly television program on HBO savagely attacking George W. Bush and anyone associated with his Administration.Despite the obvious hypocrisy, on Friday's "Real Time," as Maher was talking to CNBC's Erin…
Cramer: 'This is the Greatest Wealth Destruction by a President
Although an admitted Barack Obama supporter during last year's campaign, CNBC's Jim Cramer has certainly changed his view concerning our 44th president.On Tuesday's "Today" show, the outspoken "Mad Money" host said: we have "an agenda in this country now that I would regard as being a radical agenda"; Obama's just announced budget "put a level of fear in this country that I have not seen ever in…
HuffPo Blogger Cheap Shots CNBC's Burnett for Not Toeing Populist Line
Don't like the notion of Wall Street employees receiving bonuses? Shoot the messenger - as Adam Green at The Huffington Post has done. In a Feb. 2 post on The Huffington Post, Green said it was bad form for CNBC "Street Signs" host Erin Burnett to even think about considering the other side of the anti-Wall Street bonus argument, since some Wall Street banks received TARP funds, courtesy of the…
