Squawk Box

Santelli on Market Rally after Jobs Report: ‘What Are We, A Banana R
September 6th, 2013 10:16 AM
The August Jobs Report showed 169,000 jobs were added, less than many had predicted and revisions from previous months even included a drop of 74,000 jobs. So the jobs total for the month was really just 95,000.
The stock market continued to rally, but CNBC’s Rick Santelli, who covers the Chicago Board of Trade, said that such a contrast was upsetting. “What are we, a banana republic?”…

CNBC Anchor Bravely Asks Whether Obama, Reid Want Sequester to Hurt
March 26th, 2013 12:55 PM
Let’s all be thankful for CNBC. On this morning’s Squawk Box, co-host Joe Kernen raised a question that the Big Three broadcast networks have been afraid or unwilling to touch thus far.
While Kernen was chatting with CNBC Chief Washington Correspondent John Harwood about the sequester, Harwood brought up the FAA’s announcement that it will close 149 air traffic control towers next month.…

Former Obama Official: Jobs Revisions 'Elaborate Left-wing Plot to Mak
February 1st, 2013 9:28 AM
The Bureau of Labor Statistics on Friday reported upside revisions to the number of jobs that were created in last year's fourth quarter.
Appearing on CNBC's Squawk Box, Austan Goolsbee, the former Chairman of the Council of Economic Advisers under Barack Obama, joked, "It’s an elaborate left-wing plot to make the numbers much better several months after the election so that nobody thinks…

Rick Santelli Responds to Negative GDP Report: 'We Are Now Europe
January 30th, 2013 9:59 AM
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.
CNBC’s Jim Cramer: ‘No More Taxes
January 4th, 2013 10:23 AM
“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]
Krugman vs. CNBC
December 6th, 2012 10:02 AM
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.”
Jack Welch on Obama’s Proposed Ozone Regulations: ‘It’s A Trilli
November 5th, 2012 5:30 PM
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…

CNBC Host Asks Jets Owner if He Knows Whether Tim Tebow is Still a Vir
October 10th, 2012 3:40 PM
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…

DOL's Solis Misleads CNBC Viewers on Job Revisions, Admin's Willingnes
October 6th, 2012 9:51 AM
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…
NBC's Chuck Todd Slams Rasmussen Poll as 'Slop
October 3rd, 2012 4:27 PM
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…

Former OMB Director Tells CNBC ‘There’s No Recovery
July 6th, 2012 11:36 AM
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…

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…

Rick Santelli in 60 Seconds Describes Difference Between Tea Party and
February 14th, 2012 7:35 PM
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):

Jack Welch: 'Romney Is the Most Qualified Leader I've Ever Seen Run fo
January 9th, 2012 9:00 AM
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):