Joe Kernen
CNBC's Kernen Declares Obama's Populist Tactics Proof He Advocates 'Re
September 8th, 2010 2:12 PM
To many, it's hardly a revelation to most, but when someone keeps taking the same action over and over again, even to his detriment, it can reveal a lot about that individual's belief system. This was an observation CNBC "Squawk Box" host Joe Kernen made about the Obama administration's willingness to embrace a populist "soak the rich" tactic against the wealthy in the United States, even…
NBC’s David Gregory: White House Rhetoric 'Anti-Business,' 'Could Re
June 18th, 2010 1:17 PM
Wow, just wow. Never would have seen this one coming, but is one of the standard-bearers of the media elite recognizing the Obama administration's anti-business populist tone is inhibiting the U.S. economy? On the June 18 broadcast of CNBC's "Squawk Box," NBC "Meet the Press" moderator David Gregory was asked to respond to a June 18 New York Times article by David Sanger suggesting the Obama…
Tea Party Movement Not Realizing U.S. is Bailing Out Greece, Says CNBC
May 10th, 2010 3:56 PM
The European Union and the International Monetary Fund to the rescue! The Dow Jones Industrial Average (DJIA) soars and investors breathe a sign of relief. But where's this $1 trillion in bailout funds for Greece coming from? On CNBC's May 10 "Squawk Box," host Joe Kernen channeled Rick Santelli's anti-bailout populism, suggesting it was important to note that this bailout was made possible in…
Santelli: Greek Debt Crisis and Riots America’s 'Ghost of Christmas
May 7th, 2010 3:33 PM
While international attention has been focused on Greece's debt crisis and the riots that have ensued over austerity measures, the possibility of the United States finding itself in the same situation is one to be considered a legitimate possibility says CNBC CME Group floor reporter Rick Santelli. On CNBC's May 7 "Squawk Box," host Joe Kernen pointed out the fear of contagion spreading…
CNBC's Moment of Clarity: Host Understands Why Right 'Sort of Gets Unc
May 4th, 2010 4:18 PM
Although to ask this question is to invite with a good degree of criticism, it is still worth asking: Is Obama administration's approach to publicly reprimanding private industry cause for concern? On CNBC's May 4 "Squawk Box," host Michelle Caruso-Cabrera raised this point and asked Washington correspondent John Harwood if White House Press Secretary Robert Gibbs' recent statement BP was a…
CNBC’s Liesman: What Path to Socialism? Says Current Rate of Gov’t
April 29th, 2010 5:11 PM
A $787-billion stimulus. Liabilities of $356 billion for the TARP bailout on the federal government's balance sheet. And that's in addition to other unfunded liabilities from federal entitlements like ObamaCare, Medicare, and Social Security. But that doesn't mean the U.S. is heading down the path toward socialism because they were one-time expenditures, according to CNBC senior economics…
CNBC's Harwood Does 180 on Financial Reg Reform, Public's Support Now
April 22nd, 2010 4:03 PM
Finally! What the public thinks is now important. That was the takeaway from an April 22 CNBC "Squawk Box" segment in which the network's Washington correspondent John Harwood explained the upside for the Obama administration in taking an aggressive tack on financial regulation and pushing it through Congress. According to Harwood, public opinion on this issue favors President Barack Obama. He…
CNBC's Quick Rips ObamaCare: 'At Some Point You Need to Take Responsib
April 12th, 2010 5:58 PM
Is President Barack Obama really instituting "cradle-to-grave" social policies and transforming the United States into a nanny state? Well, it may not be "womb-to-tomb" yet, but he's certainly creating a welfare state for Americans beyond their mid-20s. On CNBC's April 12 "Squawk Box," the network's Washington correspondent John Harwood was outlining what he perceived to be the more positive…
Current High Unemployment Rate to Remain Same 'Years From Now' Says Sa
April 12th, 2010 3:47 PM
A little over a year ago, President Obama signed into law the $787-billion stimulus legislation that was supposed to prevent the unemployment rate from exceeding 8 percent. And although the unemployment has receded some from its high, it's still well North of 9 percent. So if that stimulus is given more time, will unemployment improve? Last week's jobless claims numbers, showing a stagnant…
Prelude to a Media Victory Lap: Santelli Warns Not to Buy Hype of Upco
March 29th, 2010 2:42 PM
With March unemployment data to be released April 2, some are anticipating what potentially lower jobless numbers will all mean for the financial markets and the economy as a whole. However, that data will come with the caveat that it will be misleading because it will include temporary jobs driven by hiring for the 2010 census. On CNBC's March 29 "Squawk Box," CME floor reporter Rick Santelli…
Study in Bias: Two Takes on Financial Regs -- Journal vs. NY Times as
March 15th, 2010 7:13 PM
It's a topic that would probably make the average individual's eyes glaze over, but will have a profound impact on the economy - for better or worse. The topic - financial regulation reform. With Senate Banking Chairman Sen. Chris Dodd, D-Conn., setting his proposal out for the public, the take away on the reporting from two of the country's major newspapers - The New York Times and Wall…
CNBC Notes Tough Questioning from Michigan Legislators on Toyota; Even
February 24th, 2010 6:15 PM
Toyota is facing harsh scrutiny from the media and lawmakers - perhaps with justification. But there could be consequences for the U.S. economy. And as Toyota (NYSE:TM) executives have endured two days of congressional hearings on the issues surrounding their potentially widespread defective products, the most aggressive questioners have been lawmakers from Michigan, home of the Big 3 automakers…
Armey: Dems Should Realize People Are Getting Info From Some Place Oth
February 24th, 2010 9:34 AM
Dick Armey on Wednesday took a shot at MSNBC calling the cable television network a soft news source that panders to the Left.The former House Majority leader was a guest host on this morning's "Squawk Box," and during an interview with Rep. Paul Ryan (R-Wis.) about a number of issues before Congress including healthcare reform, Armey took the opportunity to make a media bias comment.Speaking…
CNBC's Santelli Reacts to NYTimes Label of Tea Party 'Heroes and Inspi
January 25th, 2010 4:36 PM
It's curious to see people in the mainstream media try to make sense of the Tea Party movement. The New York Times, which once called the Tea Parties a psychological phenomenon rather than a political movement, has now changed its tune. In the wake of the stunning upset by Scott Brown in the Jan. 19 Massachusetts special election to fill the seat vacated by Ted Kennedy's death, the Times is…