Former Majority Leader Dick Armey Credits CNBC's Santelli for Sparking

August 19th, 2010 3:33 PM
February 2009 was a pretty dark time for the conservative movement. The arguably most liberal president in the history of the United States has been sworn in to office just weeks early. The Congress had solid Democratic majorities in both chambers. And there were overtures that only way to save the nation from suffering the worst of a downtrodden economy was through an avalanche of costly…

WaPo's Frank Ahrens Suggests Krugman, Kudlow as Potential Romer Replac

August 16th, 2010 4:01 PM
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…

At Crunch Time, Charles 'Paulson Put a Gun to All Their Heads' Gaspari

August 11th, 2010 3:29 PM
Earlier today, NB's Lachlan Markey covered Bill O'Reilly's interview with the Fox Business Channel's Charles Gasparino.In that interview, Gasparino confirmed what the New York Post reported in April of last year, namely that "GE Execs Encouraged CNBC Staff to Go Easy on Obama."The suits at GE, including Chairman Jeff Inmelt, had a clear motivation for encouraging their reporters to lighten up,…

Charlie Gasparino: GE Execs Encouraged CNBC Staff to Go Easy on Obama

August 11th, 2010 9:58 AM
On last night's 'O'Reilly Factor,' Fox Business Network reporter Charlie Gasparino claimed that during his time at CNBC, General Electric Chairman and CEO Jeff Immelt suggested to senior CNBC staff that they were being too hard on President Obama.Gasparino did not say that it became official CNBC policy to tone down criticism of the president. But he claimed that "the question of whether they…

Cramer: Democrats, Not Fed Policy, to Blame for Economic Malaise

August 10th, 2010 3:58 PM
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…

CNBC's 'Clarification' of Bush Tax Cuts Still Ignores Their Across-the

July 31st, 2010 12:08 AM
It would appear that someone at CNBC listened to the Mark Levin Show on Thursday. Either that, or someone at the network paid attention to his or her e-mail alerts and read my post that went up in the wee hours Friday morning (at NewsBusters; at BizzyBlog). Likely in response to our criticisms, CNBC has revised and "clarified" a report by CNBC staff writer Jeffrey Cox. The network's revised and…

CNBC Reporter: Bush Tax Cuts Only Affected Those Making $250K or More

July 30th, 2010 12:46 AM
CNBC.com's Jeff Cox needs to brush up on his financial history. He believes that George W. Bush's 2001 and 2003 tax cuts affected only the highest-earning taxpayers, i.e., those who gross $250,000 a year of more. He's wrong. Here's part of what Cox posted this morning (erroneous statement is bolded; HT to Mark Levin in his Thursday broadcast): Letting Bush Tax Cuts Die Would Kill Recovery:…

The Golden Witch Hunt: Left-Wing, Mainstream Media Target Gold Adverti

July 28th, 2010 7:27 PM
Gold has been a highly valued commodity going at least as far back as the ancient Egyptian culture in 2600 BC. But now, with economic instability and uncertainty over the health of major global currencies, the demand for gold has risen as a store of value and a hedge against inflation. Over the past 12 months, the price of gold has gone up dramatically - up 25 percent from July 2009 (from $929…

Santelli: Tea Party More a 'Philosophy' Than a Party

July 26th, 2010 6:09 PM
Like a dog chasing its tail, the left has spent a great amount of time trying to determine who the leader of the Tea Party movement is. And often, there are accusations of prevalent racism among its members. But according to CNBC's Rick Santelli, the Tea Party is more of a philosophy than a group, which has nothing to do with racism. In an appearance on NBC's July 25 "Meet the Press," Santelli…

Time’s Joe Klein Cheap Shots Palin: 'She Doesn’t Know Anything'; E

July 11th, 2010 12:56 PM
There's something very tortuous about watching some of the talking heads assembled on NBC's "The Chris Matthews Show," especially when they try to dissect former Alaska Gov. Sarah Palin like she is some alien life form. On the July 11 broadcast of his weekend show, Matthews and his panel analyzed Palin's "Mama Grizzlies" ad spot and attempted to determine what Palin's end goal was with the ad.…

Bartiromo: Stimulus Likely Didn't Save Economy –- Fed Did; Warns Oba

July 9th, 2010 2:24 PM
While some on the left side of the aisle in Congress are getting all starry-eyed about prospects of more federal stimulus spending, the first round of stimulus under President Barack Obama may have done even less to help the ailing economy than supporters claim. On MSNBC's July 9 broadcast of "The Daily Rundown," co-hosts Chuck Todd and Savannah Guthrie interviewed CNBC "Closing Bell" anchor…

CNBC’s Greenburg, CNET.com’s Del Conte Suggest Twitter's 'Fail Wha

July 2nd, 2010 3:25 PM
The Twitter "Fail Whale": An irritating part of anyone's day that regularly uses social networking in their day-to-day activities. But could this endanger the viability of Twitter as long-term business? A couple of analysts say think so. Both CNET.com senior editor Natali Del Conte and Herb Greenburg of CNBC Business News suggested Twitter's infrastructure problems could pose issues for Twitter'…

Cramer Rips Federal Gov't for Congressman’s 1,000-2,000 Dow Drop Pre

June 29th, 2010 4:35 PM
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…

Kudlow, Forbes Debunk Krugman's 'Third Depression' Call

June 29th, 2010 10:10 AM
It's hard to imagine an economist being provocative, but Paul Krugman, a Nobel Prize winner, has managed to do so. In his June 28 New York Times op-ed, Krugman argued that since governments around the world aren't willing to double-down on Keynesian policies meant to stimulate the global economy, the United States and the rest of the world are facing a third depression. But on CNBC's June 28 "…