White House Chief of Staff: 'Certain People in the Media...Carry the W

October 15th, 2011 11:46 AM
President Obama once again showed a thin skin on Thursday by accusing Fox News's Ed Henry of being Mitt Romney's spokesperson. CNBC's John Harwood asked White House Chief of Staff William Daley about this the following day, and Daley responded, "There are certain people in the media who do seem at times to carry the water for certain piece of the political spectrum" (video follows with…

CNBC Host: 'Almost Impossible' for Obama to Win in

October 8th, 2011 10:38 AM
The U.S. unemployment rate in September was 9.1%, a terrible statistic and a symptom of a profoundly damaged economy. Anticipating Friday's jobs report, CNBC Squawk Box co-host and New York Times reporter Andrew Ross Sorkin wondered whether the bad economic news had already reached a point where it would be "almost impossible" for President Obama to be re-elected. "Remember when people used…

LAT’s Oliphant Lets Joe Biden Babble Away, Part 3 of 3: How TARP Rea

October 6th, 2011 11:59 PM
In a report filed at the Los Angeles Times's Politics Now blog earlier today, Washington Bureau reporter James Oliphant relayed a number of whoppers delivered by Vice President Joe Biden without anything resembling a challenge. In Part 1, I noted how Biden, who in August described Tea Party sympathizers as "terrorists" and in September as "barbarians," today spoke in complimentary terms of how…

Erin Burnett Confirms She'll Be 'More Opinionated' at CNN than at CNBC

October 3rd, 2011 6:45 PM
CNN's newest addition to its prime-time line-up, former CNBC anchor Erin Burnett, told Reliable Sources host Howard Kurtz on Sunday that yes, she would be "more opinionated" at CNN than in the past. Burnett's show, "Out Front," airs for the first time on Monday Oct 3 at 7 p.m. EDT. Kurtz interviewed Burnett at the bottom of the 11 a.m. hour on Sunday. He asked her "Are you going to be more…

CNBC's Cramer: Wall Street Hates Obama Like He's Carter -- He's 'Destr

September 16th, 2011 6:09 PM
Jim Cramer, a Democrat and Wall Street insider, made a statement on CNBC's "Squawk Box" Friday morning that most definitely turned heads in the White House. Speaking about the disappointing data released by the Conference Board, Cramer said that traders hate President Obama "like Jimmy Carter was hated" because they believe he's "destroying this country" (video follows with transcript and…

Bugged by Gold: Price Climb Vindicates Conservatives, Confounds Libera

September 13th, 2011 4:20 PM
During 2009 and 2010, liberal commentators and even politicians made a point of bashing conservative commentators such as Glenn Beck and Laura Ingraham for allowing gold companies to advertise on their shows, arguing that conservatives and gold companies cynically colluded to deceive viewers into buying bad investments. The recent spike in gold prices seems to prove that the conservative…

CNBC's Santelli Schools NYT's Friedman in Ponzi Schemes and Social Sec

September 8th, 2011 4:17 PM
The question of whether or not Social Security is a Ponzi scheme moved from Wednesday's Republican presidential debate to the set of CNBC Thursday. In a heated debate, CNBC's Rick Santelli and New York Times columnist Tom Friedman argued the issue with them ending up calling each other "idiotic" (video follows with transcript and commentary):

Santelli Predicted Right: No New Jobs in August

September 2nd, 2011 10:53 AM
Ahead of the Sept. 2 release of the August jobs report, surveys had indicated the economy had added anywhere from 75,000 to 100,000 jobs that month. But those estimates turned out to be very wrong. Just minutes ahead of the release, CNBC’s Rick Santelli went out on a limb predicting that no jobs had been added in August. Santelli was right about that number. As CNBC reported just minutes…

AP: Unemployment Claims Dip to Pre-Revised 395K Is 'Good News,' Alone

August 11th, 2011 9:32 PM
If we're to believe Associated Press reporter Daniel Wagner, this morning's report from the Department of Labor on unemployment claims revealing that initial claims during the week ended August 6 fell to 395,000, was "good news." Why, according to Wagner, that drop, all by itself, it was "enough to catapult stocks," pushing the Dow up by 423 points in Thursday's trading. Uh, not exactly,…

Rick Santelli Rips CNBC Guest For Calling Tea Partiers 'Freaked Out Wh

August 10th, 2011 12:54 PM
Banking analyst Meredith Whitney made a big mistake on CNBC Wednesday calling Tea Party members "freaked out white men who are unemployed" when Rick Santelli was about to come on the program. Not surprisingly, Santelli after his pre-market interview with Steve Liesman went right after Whitney's foolish comments even making it personal (video follows with transcript and commentary):

MSNBC's Thomas Roberts: GOP Opposition to Govt. Spending an 'Act of Tr

August 9th, 2011 1:15 PM
MSNBC's Thomas Roberts implied Tuesday that members of Congress who oppose efforts to inject more government spending into the economy, as President Barack Obama proposed recently, are committing an "act of treason." "Why don't people look at that as an act of treason?" the daytime anchor asked the Washington Post's Ezra Klein, who shrugged off the accusation. "I don't think what happens is…

Rick Santelli: 'If It Wasn't for the Tea Party...We Would Have Been Ra

August 8th, 2011 7:09 PM
For over 24 hours, Obama advisers, Democrat senators, and terminally stupid ideologues in the media have been blaming Standard and Poor's downgrade of America's debt on the Tea Party. On Monday, one of the only sane voices in the mainstream media stood up and said, "If it wasn't for the Tea Party, they would have passed the debt ceiling thumbs up, we would have been rated BBB" (video follows…

On Saturday's 'Today,' GOP Blamed for Debt Downgrade and Washington Gr

August 8th, 2011 1:16 PM
At the top of Saturday's NBC Today, CNBC's chief Washington correspondent John Harwood told co-host Lester Holt that the downgrade of U.S. debt provided President Obama with "a tangible consequence to point to for Republican brinksmanship on the debt and deficit reduction deal." Harwood observed: "Mitch McConnell, the Republican leader, always said, 'We don't want co-ownership of the economy…

To Ann Curry's Surprise, CNBC's Jim Cramer Rejects Obama Fearmongering

July 26th, 2011 4:54 PM
On Tuesday's NBC Today, co-host Ann Curry touted President Obama trying to scare the American people into supporting his debt ceiling plan: "He called for public activism, so much so that we hear that Capitol Hill web sites were crashing last night because so many people were trying to e-mail their representatives. It looks like he spooked main street...will he also spook Wall Street?" Curry…