Arianna's Moment of Clarity: TARP Bailout Profitability Claim 'Economi

October 5th, 2010 11:35 AM
So more government isn’t the answer to all of our problems? For a brief moment, that seemed to be the message Huffington Post editor-in-chief and co-founder Arianna Huffington was conveying.  On CNBC’s Oct. 5 broadcast of “Squawk Box,” Huffington, author of “Third World America” explained what she thought the role of government should be in an American economic system. Now whether she was…

CNBC's Kernen Challenges Pa. Governor on Tea Party 'Fruit Loops' Label

September 29th, 2010 3:01 PM
As we near the midterm elections, left-wingers will be reading from the same tired playbook – the attempted marginalization of the Tea Party movement, but just more of it. But more and more, they are discovering the tactics are tougher to defend, as their side has their own fringe, loose-cannon elements. On CNBC’s Sept. 29 “Squawk Box,” hosts Joe Kernen and Michelle Caruso-Cabrera went after…

NY Times Op-Ed Writer's Muddled Logic: Money Not Paid in Taxes a Gift

September 27th, 2010 4:04 PM
It’s a really skewed view of the relationship between citizens and the government – that anything you earn and get to keep by not paying to the government in the form of taxes is a show of benevolence from the government. But that’s apparently the view of Richard H. Thaler, professor at the University of Chicago. In the Sept. 26 New York Times, Thaler, declares that tax cuts are a gift in his…

NBC's David Gregory Calls New Obama Stimulus Push 'Cynical Politics

September 10th, 2010 3:23 PM
Whenever President Barack Obama defends what his presidency to date, specifically on economic issues, he'll speak of inheriting a bad economy from the previous administration, and then assures listeners of his intention to make the economy his top priority. So why hasn't he done it? Why have there been other distractions like cap-and-trade, ObamaCare, bailouts, etc. and not a push for a real…

CNBC's Kernen Declares Obama's Populist Tactics Proof He Advocates 'Re

September 8th, 2010 2:12 PM
To many, it's hardly a revelation to most, but when someone keeps taking the same action over and over again, even to his detriment, it can reveal a lot about that individual's belief system. This was an observation CNBC "Squawk Box" host Joe Kernen made about the Obama administration's willingness to embrace a populist "soak the rich" tactic against the wealthy in the United States, even…

Former Majority Leader Dick Armey Credits CNBC's Santelli for Sparking

August 19th, 2010 3:33 PM
February 2009 was a pretty dark time for the conservative movement. The arguably most liberal president in the history of the United States has been sworn in to office just weeks early. The Congress had solid Democratic majorities in both chambers. And there were overtures that only way to save the nation from suffering the worst of a downtrodden economy was through an avalanche of costly…

Santelli's Simple Answer to Deficit: 'Stop Spending, Stop Spending, St

June 28th, 2010 3:21 PM
If it were only that simple - that is the way CNBC's Rick Santelli would have it. On CNBC's June 28 "Squawk Box," CNBC's senior economics reporter Steve Liesman vigorously defended the need for higher tax rates as a measure to cut federal deficits. Others argued that government revenues would increase if tax rates were lower because it would stimulate growth. (h/t Real Clear Politics Video) "…

NBC’s David Gregory: White House Rhetoric 'Anti-Business,' 'Could Re

June 18th, 2010 1:17 PM
Wow, just wow. Never would have seen this one coming, but is one of the standard-bearers of the media elite recognizing the Obama administration's anti-business populist tone is inhibiting the U.S. economy? On the June 18 broadcast of CNBC's "Squawk Box," NBC "Meet the Press" moderator David Gregory was asked to respond to a June 18 New York Times article by David Sanger suggesting the Obama…

CNBC Host: Obama's Language 'Disturbs Me

June 8th, 2010 1:58 PM

Tea Party Movement Not Realizing U.S. is Bailing Out Greece, Says CNBC

May 10th, 2010 3:56 PM
The European Union and the International Monetary Fund to the rescue! The Dow Jones Industrial Average (DJIA) soars and investors breathe a sign of relief. But where's this $1 trillion in bailout funds for Greece coming from? On CNBC's May 10 "Squawk Box," host Joe Kernen channeled Rick Santelli's anti-bailout populism, suggesting it was important to note that this bailout was made possible in…

CNBC's Moment of Clarity: Host Understands Why Right 'Sort of Gets Unc

May 4th, 2010 4:18 PM
Although to ask this question is to invite with a good degree of criticism, it is still worth asking: Is Obama administration's approach to publicly reprimanding private industry cause for concern? On CNBC's May 4 "Squawk Box," host Michelle Caruso-Cabrera raised this point and asked Washington correspondent John Harwood if White House Press Secretary Robert Gibbs' recent statement BP was a…

CNBC’s Liesman: What Path to Socialism? Says Current Rate of Gov’t

April 29th, 2010 5:11 PM
A $787-billion stimulus. Liabilities of $356 billion for the TARP bailout on the federal government's balance sheet. And that's in addition to other unfunded liabilities from federal entitlements like ObamaCare, Medicare, and Social Security. But that doesn't mean the U.S. is heading down the path toward socialism because they were one-time expenditures, according to CNBC senior economics…

CNBC's Harwood Does 180 on Financial Reg Reform, Public's Support Now

April 22nd, 2010 4:03 PM
Finally! What the public thinks is now important. That was the takeaway from an April 22 CNBC "Squawk Box" segment in which the network's Washington correspondent John Harwood explained the upside for the Obama administration in taking an aggressive tack on financial regulation and pushing it through Congress. According to Harwood, public opinion on this issue favors President Barack Obama. He…

Media Confusion: Why the Tea Party Protest? Not High Taxes, but Govern

April 16th, 2010 12:58 AM
The media is still having trouble understanding the Tea Party movement and what it is protesting, even though its roots are clear.  On Feb. 19, 2009 during CNBC's "Squawk Box," Rick Santelli made his famous rant heard around the world, calling for a so-called tea party-style revolt. And that helped fuel the growth of a Tea Party movement that has resulted in more than 600 protests this April 15…