CNBC

Chalk another one up to the law of unintended consequences. Last fall, the media promoted the $700-billion TARP bailout. During the weeks and months leading up to that bailout, they were also on board with cracking down on oil speculators for driving up the price of oil. But now it seems the TARP program is contributing to oil speculation. On Aug. 3, Richard Bernstein, CEO of Richard Bernstein…

Balanced? Sure. Hyperbolic? Definitely.Invoking the word "crisis" might conjure up images of a Category 5 hurricane bearing down on the U.S. Gulf Coast or some other situation where decisive action much be taken to avert impending doom. But, is it appropriate to suddenly attach it to the key issue put forth by Obama administration, such as health care? On July 30, CNBC dedicated its three-hour…

At least one journalist isn't impressed by the health care initiatives of  the White House and congressional Democrats, and is warning of consequences should they succeed. CNBC's Maria Bartiromo was on MSNBC's July 27 "Morning Joe" to preview her upcoming special "Meeting of the Minds: The Future of Health Care," set to debut on July 27. According to the Bartiromo, who also anchors "Closing Bell…

It's one of the few times one can wish the reporting by NBC News was right and CNBC was wrong. A segment on the July 21 "NBC Nightly News" pointed out some of the key points of a budget deal reached between California Gov. Arnold Schwarzenegger and leaders of the state legislature. The deal means some service cuts - but also includes the possibility of exploration and drilling for oil off the…

Looking for wholesome family television oh, say, about 9 pm on July 15? Then make sure not to tune into CNBC. The network will air “Porn: Business of Pleasure,” hosted by Melissa Lee. The special, as touted by the network, will give viewers a look at the pornography industry. But if the marketing is a reliable indication, “Porn: Business of Pleasure” is nothing more than an attempt to normalize,…

CNBC "Mad Money" host Jim Cramer often showcases erratic and unpredictable behavior and the same goes sometimes for his analysis of the stock market. While the economy continues to struggle through the recession, the forward-looking indicators known as the financial markets continue to perplex Cramer for not going up when some positive signs, also known as "green shoots" by the financial media,…

Why is CNBC's Rick Santelli one of the few press members willing to point out when the emperor isn't wearing any clothes?As you ponder that important question, consider how Santelli on Tuesday morning recognized how absurd Vice President Joe Biden's Sunday comments were concerning the Obama administration misreading how bad the economy was.After all, as Santelli marvelously asked: "How many…

Either "CNBC Reports" anchor Dennis Kneale has a flair for the dramatic or he upset a lot of people in the blogosphere with his biting critique of the blogosphere's negativity on the economy. On the July 1 broadcast of "CNBC Reports," Kneale responded to harsh, angry criticism from bloggers - even pointing out blogs like the Huffington Post, with an openly left-of-center perspective. "Last…

While many on the left are reveling in the downfall of South Carolina Gov. Mark Sanford after he disclosed his affair with a woman in Argentina, there's a sympathetic figure being overlooked that might have the necessary background to fill the void left by the governor should he resign. On CNBC's June 30 "The Kudlow Report," Wall Street Journal senior economics writer Steve Moore explained his…

While much of the country has been captivated by the passing of pop star Michael Jackson, the scandal of South Carolina Gov. Mark Sanford and turmoil in Iran and Iraq, business news has fallen off the front pages.  That was the observation CNBC "Mad Money" host Jim Cramer made on the June 26 broadcast of "Street Signs." Cramer noted that the front page of the June 26 New York Times was entirely…

"Has Jim Cramer just touched off another round of Tea Parties?"So asked TVNewser's Chris Ariens Thursday in response to another anti-Obama demonstration by the outspoken CNBCer who appeared on MSNBC's "Morning Joe" hours earlier:But until we get the economy moving again, I think everybody wishes that Obama would just kind of go away for a little bit. Honestly, you've got to see it to believe it (…

You can't be loved and adored by everybody, but if you're President Barack Obama and it concerns the media, you can come awfully close.  In an interview on CNBC's June 16 "Closing Bell" with the network Washington correspondent John Harwood, Obama reflected on the media coverage he has received to date. Harwood asked the president to respond to the claim that lack of media criticism has allowed…