CNBC’s Cramer: Spiraling National Debt to Cause Bear Market in 18 Mo

September 9th, 2009 10:58 AM
Since hitting their lows back in March, financial markets have rallied in the wake of last year's financial crisis. The Dow Jones Industrial Average (DJIA) is up 43 percent since March 9. But can it last? It could be all given up with this rate of government spending according to CNBC "Mad Money" host Jim Cramer. Cramer, responding to a viewer e-mail on his Sept.8 program, explained what a…

Still Bitter: White House Goes After Santelli Again, but Santelli Fire

September 4th, 2009 4:52 PM
It's been nearly seven months since CNBC reporter Rick Santelli took a stand against the Obama administration, which inspired the tea party movement - and the White House hasn't forgotten. White House Press Secretary Robert Gibbs was asked by CNBC Washington correspondent John Harwood why the administration decided to go after Santelli after his Feb. 19 call for a metaphorical revolt over…

Unwillingness to Have Obama in Classroom Symptom of Why Schoolchildren

September 3rd, 2009 3:17 PM
Once again, one of the masters of the universe trotted out on MSNBC has discovered the cure to one of society's ills - more Obama. Daily Voice editor and CNBC contributor Keith Boykin waved off the reservations of some parents about President Barack Obama addressing their children in the classroom. Boykin appeared on MSNBC on Sept. 3 in a segment about the classroom controversy and added his…

Former British Health Minister: U.K. System not 'Ideal' for U.S

August 31st, 2009 7:12 PM
Remember when Michael Moore depicted the United Kingdom's National Health Service (NHS) as a superior health care system in his 2007 documentary "Sicko"? That romanticizing on the silver screen might have seemed like a good idea for the American society, but according to Lord Ara Darzi, it's not ideal for the United States. Darzi, a former British Health Minister, appeared on CNBC's Aug. 31 "…

CNBC's Cramer on Glenn Beck Advertisers: 'I Think They All Come Back i

August 24th, 2009 5:21 PM
Keith Olbermann, Ed Schultz and the brain trust at ThinkProgress probably won't like this, but CNBC "Mad Money" host Jim Cramer thinks the Glenn Beck boycott won't have an impact on NewsCorp's (NASDAQ:NWSA), the parent company of Fox News, bottom line. During the "Stop Trading" segment on "Street Signs" Aug. 24, Cramer explained that Unilever (NYSE:UN) was going all out with its advertising, by…

CNBC Analyst Wary of Health Care Stocks; Knocks Obama's 'Hand-Picked A

August 11th, 2009 6:29 PM
As the likelihood of President Barack Obama's style of health care/health insurance reform has looked more and more uncertain, health care sector stocks have rallied, nearly 10 percent over the last month. But now as Obama is showing some signs of managing his message and could be trying to make a comeback, even as polls show the odds aren't his favor, CNBC market analyst Steve Grasso is…

'Mad Money' Cramer: 'Demonize' Unhealthy Foods to 'Embarrass People' t

August 10th, 2009 6:07 PM
It's no longer just enough to educate people about making healthy decision. You now have to influence them psychologically to effect true change according to CNBC's Jim Cramer. Cramer, during his "Stop Trading" segment on CNBC's "Street Signs" on Aug. 10, suggested eating so-called unhealthy food be demonized, similar to how the tobacco industry has been - through a publicity campaign that even…

Krugman Calls for Second Stimulus, Suggests 'Environmental Policies' t

August 10th, 2009 5:11 PM
Only $120.4 billion, or 15 percent of the gigantic $787-billion stimulus has been spent and some on the left, including Nobel Prize-winning economist and New York Times columnist Paul Krugman, are already calling for Stimulus, Part II. In an interview with CNBC Asia from the World Capital Market Symposium on the Aug. 10 broadcast of "Squawk Malaysia" Krugman said the stimulus that passed…

CNBC Host Blames 'Overpaying' Howard Stern for XM Sirius Woes

August 6th, 2009 5:43 PM
Times have been tough financially for media companies across the board and satellite radio has been no exception. On Aug. 6, Sirius XM Radio (NASDAQ:SIRI) posted a second-quarter loss and the company hasn't lived up to expectations after Sirius and XM completed a merger a little over a year ago. According to "CNBC Reports" host Dennis Kneale, part of the satellite radio's problem is shock jock…

The Real Reason for CNBC Ratings Decline: 'Experts' Ignore Left-Ward T

August 5th, 2009 7:04 PM
When in doubt blame conservatism, even when it comes to the struggles of a media outlet - and ignore the possibility that liberalism might be to blame. Ever since Nielsen came out with the July numbers for CNBC that showed the network had suffered a 28 percent ratings decline over a year ago, some of the financial media intelligentsia have been eager to point to what they perceive are the right-…

HuffPo Decries General Electric's Control of NBC, MSNBC ...But Only O

August 4th, 2009 5:35 PM
The Huffington Post is concerned all of a sudden that General Electric is engaging in top-down control of the news because they tried to stop Keith Olbermann’s attacks on Bill O’Reilly. The Post is right to be concerned about GE’s control, but they haven’t shown much interest in GE’s network push for green investments and carbon trading that will line their own pockets. As one of world leaders…

CNBC Guest Host Explains How TARP is Driving Up Oil Prices

August 3rd, 2009 4:03 PM
Chalk another one up to the law of unintended consequences. Last fall, the media promoted the $700-billion TARP bailout. During the weeks and months leading up to that bailout, they were also on board with cracking down on oil speculators for driving up the price of oil. But now it seems the TARP program is contributing to oil speculation. On Aug. 3, Richard Bernstein, CEO of Richard Bernstein…

CNBC Goes into 'Crisis' Mode at Height of ObamaCare Debate

July 31st, 2009 12:32 PM
Balanced? Sure. Hyperbolic? Definitely.Invoking the word "crisis" might conjure up images of a Category 5 hurricane bearing down on the U.S. Gulf Coast or some other situation where decisive action much be taken to avert impending doom. But, is it appropriate to suddenly attach it to the key issue put forth by Obama administration, such as health care? On July 30, CNBC dedicated its three-hour…

Bartiromo Warns 'Government is Going to Play God' with Health Care

July 27th, 2009 2:23 PM
At least one journalist isn't impressed by the health care initiatives of  the White House and congressional Democrats, and is warning of consequences should they succeed. CNBC's Maria Bartiromo was on MSNBC's July 27 "Morning Joe" to preview her upcoming special "Meeting of the Minds: The Future of Health Care," set to debut on July 27. According to the Bartiromo, who also anchors "Closing Bell…