Kudlow Lashes Out at Bailouts in Wake of Autos/Bush Proposal

December 19th, 2008 5:57 PM
Feeling a little bailout fatigue? Tired of the assault on the taxpayer from the federal government to pacify those influenced by the United Auto Workers? CNBC's Larry Kudlow feels your pain. Call this red meat for the troubled anti-bailout soul. Kudlow, now performing a role as a co-host on CNBC's mid-morning program "The Call," blasted the Union Auto Worker, President George W. Bush, Treasury…

Former Airlines CEO: What Makes the Automakers 'Exempt from Reality

December 19th, 2008 2:22 PM
It's special treatment for automakers, according to a former airline executive. Gordon Bethune, the former CEO of Continental Airlines (NYSE:CAL), now a CNBC contributor, told CNBC's "Squawk Box" on Dec. 19 the political process is being substituted for what otherwise should be a bankruptcy judge in determining the fate of the big three automakers. "Wow, what makes them exempt from reality?…

UAW Gave $1 Million+ to Pro-Bailout Congressmen; Media Focus on Anti-B

December 15th, 2008 4:11 PM
The proposed automaker bailout has a big stamp on it that says "union-built," but the news media hasn't noticed. Over the past month, accusations have been flying against several Southern senators who oppose a $14 billion bailout for the beleaguered big three automakers and support the the alternative of Chapter 11 bankruptcy. These senators, critics say, are representing the interests of…

Mad Money Site Rebuts BMI's Criticism of Jim Cramer

December 15th, 2008 3:12 PM
Last week the Business & Media Institute released its annual Top 10 list of the worst economic myths the media spread in 2008. The list was broad, ranging from “killer tomatoes,” to the collapse of Fannie Mae and Freddie Mac, to the death of capitalism.But it was myth number 2 “Welcome to 1929: Great Depression II” that touched a nerve with Cliff Mason, senior writer for Mad Money, because of…

'I Think Murdoch Will Get the New York Times

December 11th, 2008 4:43 PM
How about Sean Hannity as editor of the New York Times op-ed page?  Maybe O'Reilly and Cavuto in place of Dowd and Krugman as Times columnists?  It might not be as far-fetched as it sounds.  At least, not if Michael Wolff is right.  The Vanity Fair media maven, appearing on CNBC this afternoon, not only said that Rupert Murdoch wants the Gray Lady, but predicted he would get her.  [H/t Gat.]View…

Kernen: Energy Czar Browner is 'Scary' during 'Once in a Lifetime Rece

December 11th, 2008 1:36 PM
President-elect Barack Obama named Carol Browner the "czar" of climate and energy policy for the White House, but CNBC's Joe Kernen was wary of her appointment. "You can see that even in Europe, some of the climate concerns, given this, this once in a lifetime recession, John - to put someone that, an advocate of such strong measures," Kernen said on "Squawk Box" Dec. 11. "Really I've seen her…

Bernanke Speaks, Dow Sheds Triple-Digit Points Again

December 4th, 2008 4:43 PM
When Federal Reserve Chairman Ben Bernanke speaks, Wall Street listens - and investors should beware. The Dow Jones Industrial Average (DJIA) has lost over 2,500 points on days he has spoken, including three of the worst point losses ever. Today's drop in the Dow of 215 points is the 14th time out of the last 20 times the Dow has lost ground on a Bernanke has spoken over the past six months.…

Cramer: Depression Comparisons are ‘Scare Tactics

December 2nd, 2008 2:45 PM
Do as I say, not as I do.That appears to be Jim Cramer's philosophy. The CNBC "Mad Monday" host told NBC "Today" show viewers Dec. 2 that comparisons between the current economy and the Great Depression were inappropriate. "[T]hat's got to be taken off the table," Cramer told "Today" host Meredith Vieira. "There have been enough things done by this government to absolutely preclude that. I,…

Weekend Captionfest

November 28th, 2008 4:03 PM
Saudi Prince Alwaleed, single largest Citigroup shareholder, during interview by Maria Bartiromo of CNBC, November 24, 2008.

CNBC Highlights Conspicuous Green Consumption

November 26th, 2008 12:23 PM
Some wag dubbed the Prius the "Pious," for the smug self-righteousness of its greener-than-thou owners.  CNBC ran a segment this morning highlighting an even pricier form of conspicuous green consumption: the installation of geothermal wells in Manhattan as an alternative form of HVAC.Narrating a segment that would have had Veblen nodding in approval, CNBC's Bertha Coombs observed "for many, it…

CNBC Demonstrates Why Liberals Don't Understand Economics

November 25th, 2008 4:19 PM
Doesn't it amaze you when some liberal media member actually claims that raising taxes is good for the economy, and uses the Clinton Era to prove his or her specious point? Such transpired Tuesday afternoon when CNBC's Trish Regan invited liberal columnist David Sirota on to discuss president-elect Barack Obama's plans to get the economy rolling again. True to the liberal motif, Sirota spoke…

Bartiromo Interview of Prince Alwaleed: SNL Skit Begging To Happen

November 24th, 2008 3:29 PM
Update 11-25 8:20 AM: Morning Joe Makes SNL References -- see discussion at foot.Call it "The Wild 'n Crazy Guy–Billionaire Style."  Maria Bartiromo's interview of Saudi Prince Alwaleed, the largest shareholder of Citigroup, is literally a Saturday Night Live skit waiting—begging—to happen.CNBC's Bartiromo conducted the interview by remote this afternoon. When the camera went to the prince in…

Pinkerton: MSNBC Backs Obama, Gets $139 Billion Gov Guarantee

November 15th, 2008 7:47 PM
Is MSNBC being rewarded for having backed Obama?  That's what Jim Pinkerton suggests.  On this evening's Fox News Watch, the columnist and New America Foundation fellow cited the news that GE Capital, a subsidiary of MSNBC's parent company GE, has received a $139 billion government loan guarantee.Host Jon Scott opened this evening's show opened with a clip of Chris Matthews [in a story that NB…

'Evening News' Bummed Over Lower Gas Prices

Business
November 14th, 2008 9:28 AM
Segment views cheaper fuel as sign of economy in peril, obstacle to 'develop alternative sources of energy or fund green developments.'