Coffee prices are falling, but liberal Starbucks CEO Howard Schultz has decided to raise its prices anyway. CNBC’s Squawk Box co-host Joe Kernen called Schultz out on July 7, saying Schultz was trying “to pad his profits.”
Kernen argued it was unfair to criticize airlines for failing to pass savings along to consumers when oil prices fell, but not criticize Starbucks for raising its prices even as the cost of coffee dropped.
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.”
CNBC Washington correspondent Richard Harwood and the co-hosts of CNBC’s Squawk Box briefly discussed during Friday’s show the age difference between Hillary Clinton and Republican presidential candidate Marco Rubio that included Harwood knocking Rubio for “look[ing] like a schoolboy” compared to Clinton.
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.
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).
On Thursday's Squawk Box on CNBC, host Joe Kernen cited the Media Research Center's latest study showing the Big Three network evening newscasts have barely noticed the anti-Obama midterm election of 2014 but provided wall-to-wall coverage in 2006: "...they breathlessly reported the Democratic takeover of Capitol Hill in the anti-Bush election of 2006....the coverage of this current situation, 6 to 1 disparity. There were 159 stories about the Democrats taking over in 2006. There have been 25 on the Big Three this [year]."
Senator Heidi Heitkamp (D-S.D.) appeared on CNBC’s Squawk Box on Monday morning to discuss a variety of topics including the impending vote on Scottish independence.
At the end of the segment, co-host Joe Kernen joked that when he goes to Scotland to play golf he will wear a kilt to “mark my ball” to which Heitkamp crudely asked “which one?”
Appearing on CNBC's Squawk Box Tuesday morning, the business network's chief Washington correspondent John Harwood acknowledged that President Obama's failed foreign policy would be an obstacle to Hillary Clinton's 2016 presidential ambitions: "...her independent credential running for president is that she was President Obama's secretary of state. The world is now blowing up. So that is a big problem for her. And so she's going to be looking for ways to separate herself from the current foreign policy mess." [Listen to the audio or watch the video after the jump]
Harwood's comments were prompted by host Joe Kernen asking about a quote in The Daily Beast in which Obama reportedly dismissed Clinton's recent criticism of his handling of the Middle East as "horsesh**t." In response, Harwood observed: "It wouldn't surprised me if he said that....I'm sure that that's how he feels about the criticism, he's made that pretty clear."
Attacks against football might be okay for some, but not for CNBC host Joe Kernen.
When a Dutch Olympic coach blamed American losses in speed skating on football, Kernen responded by passionately attacking speed skating. The Dutch coach, Jillert Anema claimed that football essentially wastes American athletic talent “in a sport that sucks.”
Most of the media may be convinced by Al Gore-style climate alarmism, but CNBC’s Joe Kernen isn’t afraid to speak his mind.
Joe Kernen, co-host of “Squawk Box” called the inclusion of Former Vice President Al Gore on CNBC’s list of “Top Leaders, Icons and Rebels” both “stupid” and “ludicrous.” His Feb. 11, comments came after fellow co-host Andrew Ross Sorkin suggested that CNBC ought to include Gore on their “First 25” list for his contribution to global warming awareness.
(video after break)
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. It was a story that ABC, CBS, and NBC each covered on their Saturday morning shows this week. Of course, what the broadcast networks failed to mention, but which Kernen raised, was Kansas Republican Senator Jerry Moran's amendment that proposed cutting $50 million in unspent FAA research money rather than closing the towers, $50 million being the approximate amount that would be saved by closing the 149 towers. Senate Majority Leader Harry Reid (D-Nev.) refused to bring the amendment up for a vote.
“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]