Mad Money
NBC Uses Faltering Facebook IPO to Promote Occupy Rhetoric and Governm
May 24th, 2012 4:02 PM
Following a report on Wednesday's NBC Nightly News about the dropping value of Facebook's initial public stock offering and possible investigations into what went wrong, anchor Brian Williams saw an opportunity to adopt the talking points of the left-wing Occupy Wall Street movement: "Is this a case of the rich get richer, another advantage to the 1%...?"
Williams posed that question to New…
CNBC's Cramer Doubles Down on Romney Being 'Job Destroyer': He Used 'C
May 22nd, 2012 12:51 PM
On Tuesday's NBC Today, co-host Matt Lauer invited CNBC Mad Money host Jim Cramer to elaborate on calling Mitt Romney a "job destroyer" as the head of Bain Capital on Sunday's Meet the Press: "You speaking as a pundit, or do you have some experience here?" Cramer declared: "He was talking about rationalizing the workforce, making it so that the companies were more efficient. Matt, these were…
CNBC's Cramer Declares: 'Romney's Known as a Job Destroyer
May 21st, 2012 12:20 PM
On Sunday's NBC Meet the Press, CNBC Mad Money host Jim Cramer followed Obama campaign talking points perfectly as he decried Mitt Romney's business record at Bain Capital: "Romney's known as a job destroyer, not a creator....I think Bain sticks. I think the idea that you bring in Bain...they fire a lot of people and that's how they get prosperity for the rich." [Listen to the audio or watch…
Greece Heads for Default, Despite Media Predictions It Wouldn’t
May 18th, 2012 2:32 PM
Greece is the perfect example of the eventual outcome of unchecked spending – especially as it creeps closer and closer to defaulting on its massive debts, despite multiple government bailouts in May 2011. One recent BBC News headline warned: “Greece: ‘Default within the euro is possible’.”
But, looking back, some journalists predicted the opposite: that the Greek economy would survive…
Bugged by Gold: Price Climb Vindicates Conservatives, Confounds Libera
September 13th, 2011 4:20 PM
During 2009 and 2010, liberal commentators and even politicians made a point of bashing conservative commentators such as Glenn Beck and Laura Ingraham for allowing gold companies to advertise on their shows, arguing that conservatives and gold companies cynically colluded to deceive viewers into buying bad investments. The recent spike in gold prices seems to prove that the conservative…
To Ann Curry's Surprise, CNBC's Jim Cramer Rejects Obama Fearmongering
July 26th, 2011 4:54 PM
On Tuesday's NBC Today, co-host Ann Curry touted President Obama trying to scare the American people into supporting his debt ceiling plan: "He called for public activism, so much so that we hear that Capitol Hill web sites were crashing last night because so many people were trying to e-mail their representatives. It looks like he spooked main street...will he also spook Wall Street?"
Curry…
'Meet the Press' Panel: Obama 'Above the Fray' in Budget Fight
April 12th, 2011 11:55 AM
During the panel discussion on Sunday's Meet the Press on NBC, host David Gregory gushed over President Obama's Friday night address to the nation on the budget deal: "The message was clear. Here he was to save the day, that it was President Obama – and he went to the Lincoln Memorial on Saturday – that he was able to rise above the fray. That's the image they want Americans to see."
The…
On Verge of Tea Party Inspired Election Wave, CNBC’s Cramer Says Tea
November 2nd, 2010 8:12 PM
Assuming you’re a free-market oriented individual and you’re tuning into CNBC’s “Your Money, Your Vote” election coverage, this is probably not what you expected to hear.
Anchor Carl Quintanilla asked CNBC “Mad Money” host Jim Cramer about the Tea Party movement, which by many measures is what has propelled a hugged Republican wave on election night.
Video Below Fold
Cramer Plays Populist: Wall Street Execs 'Should Be on the Chilean Cop
October 13th, 2010 10:52 AM
So we’re back to this again? We’re 21 days out of the midterm elections and the media are back looking to capitalize on anti-Wall Street sentiments.
On the Oct. 13 broadcast of NBC’s “Today,” host Matt Lauer referenced an Oct. 12 Wall Street Journal report to his guest, CNBC’s Jim Cramer, about Wall Street pay hitting a record $144 billion. Lauer, of course, just looked at the headline…
Jim Cramer: Gold Going to
October 5th, 2010 6:35 PM
One of the most embattled commodities over the last few years as the economy has struggled has been one of the most precious of all metals – gold. Over the last 12 months, the price of gold has appreciated considerably. But CNBC host Jim Cramer contends it is going higher – much higher. In an Oct. 5 interview for with Alix Steel, a reporter from Cramer’s website TheStreet.com, Cramer explained…
Cramer Credits CNBC-Obama Infomercial for 146-Point Dow Jones Rally
September 21st, 2010 8:31 AM
Someone's a little full of the power of his network apparently. On Sept. 20, CNBC hosted a so-called "town hall" meeting on its network about President Barack Obama and how his administration is dealing with business issues. Obama took some criticism from participants and observers said the president was playing defense. However, CNBC's "Mad Money" host Jim Cramer had a different take on the…
Cramer: 'Mass Panic' in Markets Tomorrow After 'Shocker' GDP Released
August 26th, 2010 5:00 PM
It is a curious phenomenon - the way the media have handled the economy since President Barack Obama has taken office. Generally the coverage has been on the optimistic side over the last 18 months. But could this blind optimism come back to haunt people that trade on economic metrics? According to CNBC "Mad Money" host Jim Cramer, it will and in a big way on Aug. 27, when the new gross…
Cramer: Democrats, Not Fed Policy, to Blame for Economic Malaise
August 10th, 2010 3:58 PM
Surprise - the Federal Reserve announced it will keep the Fed funds rate between zero and 0.25 percent. OK - it's not really much of a surprise. However, Federal Reserve Chairman Ben Bernanke has responded to the slowing economic recovery with restraint, not tinkering with interest rates and showing a continued willingness to buy mortgage-backed securities and long-term Treasury bonds. And that…
The Golden Witch Hunt: Left-Wing, Mainstream Media Target Gold Adverti
July 28th, 2010 7:27 PM
Gold has been a highly valued commodity going at least as far back as the ancient Egyptian culture in 2600 BC. But now, with economic instability and uncertainty over the health of major global currencies, the demand for gold has risen as a store of value and a hedge against inflation. Over the past 12 months, the price of gold has gone up dramatically - up 25 percent from July 2009 (from $929…