CNBC's Santelli Brandishes Hammer to Illustrate Obamanomics

February 3rd, 2010 11:40 AM
As the old cliché goes, you don't use a sledgehammer to crack a nut, but according to Rick Santelli, that's exactly what it appears the Obama administration is doing terms of financial regulation and fiscal discipline. On CNBC's Feb. 2 broadcast of "Fast Money," host Melissa Lee proposed that taxing the wealthy is not the path to "economic prosperity and fiscal stability." Santelli, the network'…

Media Oversight: Is GM Stakeholder Federal Government Playing Politics

January 29th, 2010 5:25 PM
The government's traditionally enforced safety standards on automobiles sold in the United States. But the government didn't always own a car company. So you'd expect the media to take a hard look when the government's roles as regulator and competitor converge. But unless you saw the Jan. 28 broadcast of CNBC's "Power Lunch," you might not realize that this is exactly what has happened. In…

Cramer React to SOTU: Notes Nat Gas Ignored by Obama; Defends Geithner

January 28th, 2010 6:09 PM
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…

Cramer Rips Obama 'Lurch Toward Populism': 'Now on an Anti-Shareholder

January 26th, 2010 9:27 AM
It was initially thought the election of President Barack Obama was just going to hit your pocketbook in the form of higher taxes. But if the past several days are any indication, the president has found another way to hit it - by attacking your stock portfolio. On CNBC's Jan. 25 "Mad Money," host Jim Cramer advised his viewers to be aware of this and to strategically position their stock…

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…

CNBC Elitism: Harwood Claims Public Doesn’t Know Enough to Make Judg

January 22nd, 2010 3:53 PM
CNBC "Squawk Box" co-hosts Joe Kernen and Becky Quick get it. Unfortunately, their CNBC colleague that covers Washington, D.C. for the network doesn't. On the Jan. 22 broadcast, Harwood appeared on the program to give a status report on the current version of health care reform being negotiated in Congress and what it means in the aftermath of Scott Brown's filibuster-proof busting election…

NewsBusters Interview: Tim Carney, Author of 'Obamanomics

January 22nd, 2010 11:08 AM
During the 2008 presidential campaign, Americans were treated to a number of populist sermons on the "special interests" who would oppose "reform" at any cost to maintain the "status quo" from which they "profit financially or politically." The drug companies, the energy companies, the Wall Street bankers, and the health insurers were the corporate enemies of a just and harmonious America, or so…

Liberal Evangelical Christian Jim Wallis Rips Banks; Calls Bonuses 'Si

January 21st, 2010 8:30 AM
When you breach the sacrosanct wall between church and state, and use religion to promote policy, bad things happen. At least, that's what the left has been telling us for years. But Rev. Jim Wallis, editor-in-chief of Sojourners magazine and author of "Rediscovering Values: On Wall Street, Main Street and Your Street," sees it differently. Wallis used his interpretation of religion,…

Dean and Skinner on CNBC: Mass. Vote Close Because Health Care Bill La

January 19th, 2010 7:44 PM
We don’t yet know the outcome of the Jan. 19 Massachusetts Senate special election. But the very fact that the Democrats could lose the seat formerly held by Sen. Ted Kennedy to a conservative who’s made blocking healthcare reform a centerpiece of his campaign, has liberals sputtering implausible explanations.On Jan. 19, former Vermont Gov. Howard Dean and liberal radio host Nancy Skinner…

CNBC's Jim Cramer: Brown Win Tuesday Causes Huge Stock Rally As Invest

January 17th, 2010 1:25 AM
Former Barack Obama supporter Jim Cramer on Friday said the stock market would have a huge rally if Scott Brown defeats Martha Coakley in Tuesday's special senatorial election in Massachusetts."I think investors who are nervous about the dictatorship of the Pelosi proletariat will feel at ease, and we could have a gigantic rally off a Coakley loss and a Brown win," said Cramer on Friday's "Mad…

Ted Turner Advises CNN Not to Follow Fox News Opinion Model

January 14th, 2010 5:41 PM
Since Lou Dobbs left CNN in November, citing a mutual agreement between he and CNN President Jonathan Klein that involved CNN going in a different direction, CNN's ratings have plummeted. But Ted Turner, founder of the first truly 24-hour cable news channel, doesn't see anything wrong with the channel's heading. CNBC's Joe Kernen asked Turner if he had any problems with CNN's direction during…

CNBC's Kilduff: $100 Oil in Next Six Months; Rips 'Hubris' of Purveyor

January 12th, 2010 11:36 AM
It hasn't been in the limelight recently, but it is coming. According to CNBC contributor John Kilduff of Round Earth Capital, we will soon see the price of reach $100 per barrel. On CNBC's Jan. 11 "The Kudlow Report," host Larry Kudlow asked Kilduff what it would take for the Obama's administration to change its energy policy to allow for more oil exploration and drilling. "Oil is hitting a…

Epic Double Standard: Lefties Once Outraged by Possible Kudlow Senate

January 7th, 2010 12:22 PM
Given the well documented "revolving door" between the media and the Democratic Party (particularly the Obama administration), it's hardly surprising that MSNBC "The Ed Show" host Ed Schultz has been approached about a run for the Senate from North Dakota. But it's still hard to swallow the left's hypocrisy concerning who can make the jump from journalism to politics. On his Jan. 6 broadcast,…

Santelli Condemns Networks for Ignoring Removal of 'Pig Slop' Cap on F

December 29th, 2009 2:52 PM
While much of the national media was focused on a Christmas Eve Senate vote to pass health care reform legislation, the Obama administration's Treasury Department was tending to other business that will have serious implications for the U.S. economy. But did anyone notice? As Zachary Goldfarb reported for The Washington Post on Christmas Day, the Obama Treasury said it would lift the limits on…