Kudlow, Santelli: Dollar Devaluation Creating 'Façade' Bush/Obama Int

October 31st, 2009 6:01 PM
Now that the Obama administration is attempting to take a victory lap on the U.S. economic recovery, claiming the $787-billion stimulus passed earlier this year was what did the trick, despite a cost of $160,000 per 'stimulus' job, as ABC's Jake Tapper pointed out, it has come at the cost of the U.S. dollar. Since then, the stock market has rebounded nicely. The Dow Jones Industrial Average (…

CNBC's Kudlow Rips MSNBC for Lack of Balance; Calls for Supply-Side So

October 28th, 2009 8:08 AM
It is bad when an anchor from a sister network feels compelled to call out a colleague about the lack of ideological balance, but that's just what CNBC's Larry Kudlow did on his Oct. 27 program.  In a time when some of CNBC's critics demand the network be held to a high standard when it comes to balance, a different standard is applied to MSNBC. And a lack of balance is something Kudlow pointed…

Financial Regulator Calls for Crackdown on Facebook, Text Messaging

October 27th, 2009 6:30 PM
Recent problems with the financial system could be used as a reason for regulators to have authority policing social networking sites like Facebook and other types of electronic communication like text messaging. If Financial Industry Regulatory Authority (FINRA) CEO Richard Ketchum has his way, that's exactly what will happen. Ketchum appeared on CNBC's Oct. 27 "Closing Bell" in an interview…

Cramer to Wall Street Execs to Be Hit by Obama’s Draconian Pay Restr

October 21st, 2009 7:14 PM
Worried about a potential slippery slope with the Obama administration dictating what people are paid in the private sector - TARP bailout or no TARP bailout? Message from CNBC's Jim Cramer: Get over it. On CNBC's Oct. 21 "Street Signs," the "Mad Money" host ripped into Wall Street executives that objected to the government dictating the rules of compensation. Opponents argue these pay…

CNBC’s Caruso-Cabrera Presses California AG on Publicity Stunt/Lawsu

October 21st, 2009 5:06 PM
Want to make a big splash to bolster your chances in a political campaign? A tried and true strategy for some attorneys general has been to champion a populist position by exploiting the legal system for publicity. Just look at the lead up to the launch of former New York AG Eliot Spitzer gubernatorial campaign with his attacks on Wall Street. And that appears to be the playbook California…

Cramer Likens Bonus Outrage to Lenin in 1917: 'It's Really about Strin

October 15th, 2009 7:51 PM
Lately there's has been an anti-Wall Street sentiment, propagated by the media that has become exacerbated as the Dow Jones Industrial Average (DJIA) hit 10,000 Oct. 14. On CNBC's Oct. 15 "Street Signs," Jim Cramer, host of "Mad Money," was asked by fill-in host Melissa Francis what he thought about the outrage over Wall Street hitting its stride, while unemployment continues to rise. "What did…

Pulitzer Winner Likens Rush Limbaugh to Plantation Owner

October 13th, 2009 5:17 PM
One of the most damaging accusations you can level at opponent is call that individual a racist in one form or another. And that's the tactic MSNBC and others left-wing opponents of Rush Limbaugh are taking to thwart his bid to purchase the St. Louis Rams. During a segment on MSNBC on Oct. 13, former Pulitzer Prize winner Karen Hunter appeared to voice her opposition to the Limbaugh's NFL bid…

NY Times: Fox Biz Flirting with CNN’s Lou Dobbs

October 12th, 2009 12:29 PM
Is Fox News Channel president Roger Ailes about to score another big name personality for his fledgling off-spin business channel? According to The New York Times television and digital media reporter Brian Stelter, News Corp's (NASDAQ:NWS) Fox Business Network is considering adding CNN "Lou Dobbs Tonight" host Lou Dobbs to its lineup. "The business channel is also keen on another administration…

Left, Media Gearing Up to Thwart Limbaugh's NFL Bid

October 7th, 2009 9:20 AM
We've already seen CNN's Paul Begala, affectionately referred to as "The Forehead" by Rush Limbaugh, and one ESPN personality, Fred Roggin, taking shots at Limbaugh on the heels of news of his interest in the National Football League's St. Louis Rams. But it was just a matter of time before the usual culprits on the left would attempt to make an issue of it, in what seems to be an effort to…

Former Clinton Staffer Says 47,000 Die Annually of Un-insurance

October 6th, 2009 8:51 AM
Fans of Douglas Adams’ “Hitchiker’s Guide to the Galaxy” books will remember that the answer to “life, the universe, and everything” was “42.” For American liberals, the answer to “health, insurance, and everything” appears to be 47. Liberal pundits and politicians, right up to President Obama, have famously – and wrongly – claimed that there are 47 million uninsured Americans. Now, an ObamaCare…

Joe Kernen Bashes NYT's David Brooks, Defends Limbaugh

October 3rd, 2009 11:14 AM
CNBC's Joe Kernen on Friday took New York Times columnist David Brooks to task for statements made in his recent column.As my colleague P.J. Gladnick previously reported, Brooks accused conservative talk radio hosts Rush Limbaugh, Glenn Beck, and Sean Hannity of hurting the Republican Party:The Republican Party is unpopular because it’s more interested in pleasing Rush’s ghosts than actual people…

Reich Laughed At For Saying Stimulus 'Keeping People Employed

October 2nd, 2009 1:25 PM
Former Clinton Labor Secretary and current Obama economic advisor Robert Reich was laughed at Friday for claiming "the stimulus package is the thing that is actually keeping the economy up, keeping people employed." In a discussion on CNBC about the larger than expected September job losses reported Friday by the Labor Department, Reich was explaining to hosts Melissa Francis and Lawrence Kudlow…

CNBC's Cramer: Blame Congress for Obama's Diminishing Popularity

September 30th, 2009 7:47 PM
Karl Rove, David Axelrod - look out. CNBC "Mad Money" host Jim Cramer has the political climate figured out. Since inauguration, President Barack Obama has seen his approval ratings fall by almost every poll and that's historically a normal reaction as the newness wears off a new president. During his Sept. 30 "Stop Trading" segment on CNBC's "Street Signs," Cramer pointed out that although…

Oops! Mass. Governor Names New Senator, Three Days After CNBC Pundit S

September 24th, 2009 11:37 AM
The perils of punditry: On Monday, CNBC chief Washington correspondent and New York Times political writer John Harwood predicted that the Massachusetts legislature would not pass a law enabling Democratic Governor Deval Patrick to pick a temporary successor to the late Senator Ted Kennedy. “I don’t think so. Doesn’t look like it,” Harwood announced on CNBC’s Squawk Box.The very next day, the…