CNBC

CNBC Baffled by Communist Logic in Greece
By Joseph Rossell | June 30, 2015 | 2:05 PM EDT

Yes, there are still communists in Greece, and many support the possible Greek exit (or “Grexit”) from the eurozone.

CNBC’s chief international correspondent Michelle Caruso-Cabrera said on June 30 she “found it hard to believe” there were still communists in Greece, then played an interview with one of “many” communist protesters at an anti-euro rally. She challenged the protester to explain why he thought communism would “work now,” given its failure in countries like the USSR and Cuba. He responded by blaming the communist “bureaucratic elite” for taking power “back from the people.”

‘They Hate Texas,’ CNBC Contributor Says of New York Times
By Joseph Rossell | June 4, 2015 | 11:34 AM EDT

The New York Times is just “one big sort of op-ed” that hates Texas, according to CNBC.

Hosts of CNBC’s Squawk Box discussed a New York Times article critical of Texas economy with former Former Dallas Federal Reserve President and current CNBC contributor Richard Fisher on June 4.

WM CEO Tells CNBC: Recycling Unprofitable, So ‘People Don’t Invest’
By Joseph Rossell | May 28, 2015 | 2:26 PM EDT

The truth about recycling according to a waste disposal company may come as a shock. It is “unprofitable,” according to Waste Management (WM) CEO David Steiner.

On May 28, Steiner told CNBC’s Squawk Box that recycling had proved to be “unprofitable” and his company has stopped investing in recycling operations. WM revenues were down 10 percent just because of losses from recycling, according to Stein, even though this only represented a small fraction of the company’s overall business.

Gov. Chris Christie on CNBC Blames Obama Policies for Middle Class ‘Getting Nowhere’
By Joseph Rossell | May 21, 2015 | 11:29 AM EDT

The middle class is “getting nowhere” thanks to President Barack Obama, according to Gov. Chris Christie, R-N.J.

Christie criticized Obama’s economic policies on CNBC’s Squawk Box May 21, and emphasized the need for restoring economic growth, reforming entitlements and investing in national defense.

CKE Restaurants CEO Says Media Unfairly Attacked Gov. Walker's Job Policies
By Joseph Rossell | May 19, 2015 | 3:53 PM EDT

A prominent American businessman said the media have unfairly “pounced” on recent data to slam Gov. Scott Walker’s employment policies in Wisconsin.

CKE Restaurants CEO Andrew Puzder, whose company owns Hardee’s, Carl’s Jr. and other restaurants, defended Walker’s jobs record on CNBC’s Squawk Box May 19. According to Puzder, Walker’s critics in the media took data “completely out of context” from the Bureau of Labor Statistics (BLS).

CNN, CNBC and MSNBC Push Infrastructure Funding After Amtrak Accident
By Joseph Rossell | May 13, 2015 | 1:28 PM EDT

At least six people died and many more were injured in a terrible Amtrak accident on the night of May 12, and before the cause had been discovered, multiple cable news networks used the tragedy to make a political point.

Programming on CNN, CNBC and MSNBC all used the accident to claim the government needed to spent more on infrastructure all before National Transportation Safety Board (NTSB) investigators made an assessment to determine the cause of the crash.

Santelli: On Obamacare, Climate Change, Media Too Quick to Accept Facts are 'Settled'
By Mike Ciandella | April 2, 2014 | 11:35 AM EDT

CNBC contributor Rick Santelli ranted against the media’s tendency to accept certain things as settled fact.

According to Santelli, the media, “whether press, TV or whatever it is,” aren’t focusing enough on presenting hard data. “I don’t care how many people visit a website. I want to know how many people, you know, have lost, how many people have gained, the intersection, how many people have paid, you know, kind of an analytical, quantitative approach.” [See video below.] 

Santelli Recalls February 2009: Bailout ‘Dissension was Born,’ ‘I Blew a Gasket’
By Julia A. Seymour | February 19, 2014 | 11:23 AM EST

CNBC’s Rick Santelli recalled the five-year anniversary of the stimulus, housing bailout and blowing “a gasket” during “Squawk on the Street” today.

“On Feb. 19 I blew a gasket. But basically, what was born at that point was the voice of dissension. How do we know that? Many of course still remember the IRS issues. President said maybe there wasn’t a smidgen of, of, of negativity there or news there or anything inappropriate there,” Santelli explained. “But it seems like, if you look back, it was February of 2009 where all of that started if you look at some of the IRS records. But dissension was born!” (Video Below)

Rant That Launched Tea Party – and 4 More Amazing Ones from World’s Top Ranter
By Mike Ciandella | February 19, 2014 | 6:39 AM EST

CNBC’s Rick Santelli is a man who isn’t afraid to speak his mind. His Feb. 19, 2009, rant was credited with inspiring the start of the Tea Party. It’s not alone. Santelli raises his voice on the floor of the Chicago Board of Trade whenever he feels that an important point of information isn’t getting enough attention.

Complete with arm waving, props and a lot more facts than liberals are comfortable with, here are what we at the Business and Media Institute have decided are the five best Rick Santelli rants of all time.

(video after break)

MRC VP Dan Gainor Talks Kroft Softball Interview with Larry Kudlow
By Mike Ciandella | January 29, 2013 | 12:08 PM EST

MRC Vice President for Business and Culture Dan Gainor appeared on CNBC's Kudlow Report on January 28, to discuss Steve Kroft's "60 Minutes" interview with President Barack Obama and Secretary of State Hillary Clinton.

Kudlow asked Gainor to comment on the interview. He told Kudlow, "I did a tally and there were 15 questions, and 11 of them were complete and utter softballs. I wrote a piece for Fox and said that if CBS had a team, they should sign him. And the four tougher questions, two of them were very quick about Hillary's health, and he really didn't press her on that, and then two nominal questions where he really let Obama get away with just awful claims including that things had gone well in Egypt.

"We've got Morsi there coming out--we've found out that he's bigoted and anti-Semitic. We, now we're sending him jets. The Arab Spring has been a disaster, we didn't talk about Iran, we didn't talk about expansionist plans from China. I mean, it was like he didn't read the international page before he asked his questions," Gainor said.

(Video Below)

CEO Lampoons NY Times in CNBC Appearance
By Mike Ciandella | December 19, 2012 | 1:40 PM EST

When University of California at Santa Barbara professor Nelson Lichtenstein came onto CNBC to discuss bribery allegations against Wal-Mart De Mexico (a subsidiary of Wal-Mart), he got more than he bargained for.

Kenneth Langone, an investor who helped found Home Depot, had joined Maria Bartiromo for the full hour of “Closing Bell” on Dec. 18. Langone, who is also the CEO of Geeknet and has a net worth of $1.6 billion, challenged Lichtenstein fiercely, demanding to hear facts from him. When he found out the news source Lichtenstein was citing as proof, Langone took a jab at The New York Times as well.

Lichtenstein argued that the accusations against Wal-Mart were just the “tip of the iceberg” of a “larger pattern for the company” of the company moving into an area of finding local ways of doing things and imposing “its own business model, regardless, on these countries and on the communities there.” (See CNBC video)