Squawk Box

Rick Santelli made a stunning observation Wednesday about the shocking report that the economy actually shrunk in the fourth quarter last year. "We are now Europe," he declared on CNBC's Squawk Box.

“No more tax revenue! None. NONE.” That was not the cry of a dyed-in-the-wool conservative politician. Rather it was Jim Cramer, CNBC’s own host of “Mad Money,” speaking to the upcoming fight in Washington over the debt ceiling. [See video after the jump]

Nobel prize winning liberal economist Paul Krugman, who has often argued that President Obama’s $831 billion stimulus was too small, has now decided he knows what’s good for everyone’s health (besides government-controlled healthcare). His health advice? “Don’t spend much time watching CNBC” because it is “bad for your financial and intellectual health.”

On the Nov. 5 edition of CNBCs “Squawk Box,” former CEO of GE Jack Welch guest hosted and did not shy away from his opinions of the current administration. Welch emphasized the great opportunity America has with natural gas and how some of Obama’s proposed green energy bills pose a great threat to the economy. One of those big threats, according to Welch, is the Ozone regulations bill, which…

As far as Joe Kernen of CNBC's Squawk Box is concerned, the word 'virgin' and Tim Tebow  are synonomous. Apparently, there can be no conversation about Tebow without bringing it up in a mocking manner for what is essentially a deliberate and faith-based decision. In an interview with New York Jets owner Woody Johnson on Wednesday morning, the conversation transitioned from politics to…

In a Friday interview where the primary purpose was to give her an opportunity to defend her Bureau of Labor Statistics, Obama administration Department of Labor head Hilda Solis gave CNBC viewers the false impression that prior-month upward revisions to reported job additions were in the private sector (they were all government jobs), and falsely claimed, despite her boss's refusal to do…

Appearing on CNBC's Squawk Box on Wednesday, NBC News political director Chuck Todd launched into a rant attacking Rasmussen Reports polling: "We spend a lot more money polling than Scott Rasmussen does. We spend a lot more money on quality control....I hate the idea that [NBC] polling, which is rigorously done, has to get compared to what is, in some cases, you know, slop." [Listen to the…

The June jobs report was “very disappointing” for the Obama administration and to people looking for work, according to CNBC’s John Harwood. The 80,000 job gains was 20,000 short of expectations, and the unemployment rate was unchanged. Moody’s economist Mark Zandi, who has often found a bright side to negative reports, reacted that way again saying there were “silver linings” in the report…

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 Rick Santelli in 60 seconds Tuesday perfectly described the difference between the Tea Party and the Occupy movement. Responding to a question from "Squawk Box" guest host Arthur Brooks of the American Enterprise Institute, Santelli dispelled the notion that "the Tea Party's done" (video follows with transcript and absolutely no need for additional commentary):

Former General Electric CEO Jack Welch on Monday said, "In my lifetime, Mitt Romney is the most qualified leader I've ever seen run for the Presidency of the United States." Appearing on CNBC's Squawk Box, Welch included John F. Kennedy, Bill Clinton, and Barack Obama in this analysis (video follows with transcribed highlights and commentary):

After the news portion of a "Warmer Weather Hurting Retail" segment on the impact of the mild winter on retail sales thus far appearing early this morning on CNBC, Joe Kernen and John Harwood got into it over the relevance and influence of so-called "global warming" (I guess Harwood didn't get the memo that it's "climate change" now). Picking up at the 2:10 mark of the video:

The U.S. unemployment rate in September was 9.1%, a terrible statistic and a symptom of a profoundly damaged economy. Anticipating Friday's jobs report, CNBC Squawk Box co-host and New York Times reporter Andrew Ross Sorkin wondered whether the bad economic news had already reached a point where it would be "almost impossible" for President Obama to be re-elected. "Remember when people used…

Jim Cramer, a Democrat and Wall Street insider, made a statement on CNBC's "Squawk Box" Friday morning that most definitely turned heads in the White House. Speaking about the disappointing data released by the Conference Board, Cramer said that traders hate President Obama "like Jimmy Carter was hated" because they believe he's "destroying this country" (video follows with transcript and…