CNBC

With General Motors in serious trouble, Speaker of the House Nancy Pelosi, D-Calif., and Senate Majority Harry Reid, D-Nev., are making a push for the government to intervene and rescue the auto giant as they did with AIG. However, Francesco Guerrera, U.S. editor for the Financial Times, isn't so sure a GM failure would be as bad as some are letting on. Guerrera appeared on CNBC's Nov. 10 "Power…

Drastic times call for drastic measures, and CNBC's Jim Cramer has a drastic measure that probably won't sit well with border enforcement proponents. On Nov. 5 the host of CNBC's "Mad Money" detailed for his audience how he would save the economy serving under Democratic President-elect Barack Obama - under the facetious assumption he could be SEC chairman, Federal Reserve chairman and Treasury…

Who's going to be the leader of the financial world in the role of Treasury Secretary under President Obama? It may be Democratic New Jersey Gov. Jon Corzine, who has pushed for an additional economic stimulus package to the tune of $300 billion to support infrastructure projects. CNBC's Carl Quintanilla asked Corzine outright on "Squawk Box" if he would accept a job in the Obama…

This just in: Democratic presidential nominee Sen. Barack Obama makes us feel better. That's the way marketing guru and host of CNBC's "The Big Idea" Donny Deutsch sees it. Deutsch appeared on CNBC's Election Night coverage to explain how the country needs a hug and Obama was just the right guy to do - in his psychoanalysis of the nation's temperament. "I'm going to go back to his dad," Deutsch…

An Obama victory could boost conservative talk show hosts according to CNBC's "Squawk Box" this election day. The show was more skeptical over the future of left-wing talk. Always with the rhetorical questions, Joe Kernen got things started: Who is going to win in terms of the cable wars? ... Are we going to become totally nonpartisan now? Do you think that we will be able to bury all of our…

Wall Street is definitely watching all those polls the networks keep touting. CNBC's Erin Burnett told MSNBC's "Morning Joe" that Wall Street was predicting that Sen. Barack Obama will win the presidency, but an upset from Sen. John McCain might boost it: This market has priced in Obama, has not priced in McCain. Some people say that if McCain were to have an upset and win the market…

CNBC's Maria Bartiromo on Thursday excitedly told viewers that an intra-day rally which had brought the Dow Jones Industrial Average from down about 275 to up over 170 was caused by rumors that the presidential race had tightened.I wonder if these rumors will get reported by Obama-loving press members.With about fifteen minutes to go in the trading session, the camera found a suddenly happy…

Shades of McCain from an unlikely corner . . . When at the beginning of the current financial mess John McCain declared that "the fundamentals of the economy are strong," he was roundly lambasted by the MSM, while the Obama campaign called his statement "an enormous mistake."So, should we expect the liberal media and the Obama campaign to go after Barney Frank . . . now that he has said something…

It may not have been "huge" when CNBC's Joe Kernen said it but the dude has been on practically every news station by now. Kernen told chief Washington correspondent John Harwood that the "Joe the plumber" story "would be huge" and even a "bombshell," in any other election year. Kernen said voters "don't care" because they are buying into Sen. Obama's assertion that the Bush tax policies have…

Gee, and I thought I might be pushing the envelope on September 28 when I expressed concern that the "bailout" with the made-up $700 billion price tag that turned into the pork-loaded "bailout" with the made-up $850 billion price tag "blackmail" (though "extortion" may be the more appropriate word). It is clear that this is indeed the case, at least twice over. First, there were the threats made…

The stock market is casting a vote of "no confidence" in Barack Obama (D-Ill.) and his Republican opponent is missing an opportunity to slam the freshman senator for an economic agenda that is a rehash of the worst of Presidents Herbert Hoover and Jimmy Carter.So argued on-air editor Charles Gasparino in an October 13 op-ed in the New York Post, where the CNBC talent mentioned that even Obama's…

It's sad when just about the only place to get the truth about what happened to precipitate the current mortgage-lending mess is the Colbert Report. Jim Cramer of CNBC's "Mad Money" appeared on the Comedy Central show on Monday. The takeaway soundbites: Cramer said "I'd love to, but I can't" pin the blame for the debacles at Fannie Mae and Freddie Mac on President Bush. He noted that "the…

Remember the furor and the comedic punch lines as a result of Sarah Palin’s statement, implying that she needed someone to clarify the role of the Vice President? Well, brace yourselves for a similarly overwhelming media reaction to Joe Biden’s solution on where one can locate the definition of the Vice President’s role – Article I of the Constitution. Problem being, it’s actually Article II. To…

You've got to love brutal honesty, especially when it comes from the financial media. The Senate's version of a bailout bill, which passed last night by a margin of 74-25, included "sweeteners" - or obscure tax breaks - including benefits for the manufacturer of wooden arrows used in children's toys and another for litigants in the 1989 Exxon Valdez oil spill. Melissa Francis, co-host of CNBC'…