CNBC
Gibbs Does It Again -- Responds Directly to Media Criticism of Obama
March 3rd, 2009 5:59 PM
Here we go again - another Obama administration/media personality feud in the works. White House Press Secretary Robert Gibbs has no problem addressing media critics of President Barack Obama - even on an individual basis. Since Obama was sworn in as president, Gibbs has addressed criticism from conservative radio host Rush Limbaugh, CNBC mercantile exchange floor reporter Rick Santelli and now…
Cramer: 'This is the Greatest Wealth Destruction by a President
March 3rd, 2009 5:54 PM
Although an admitted Barack Obama supporter during last year's campaign, CNBC's Jim Cramer has certainly changed his view concerning our 44th president.On Tuesday's "Today" show, the outspoken "Mad Money" host said: we have "an agenda in this country now that I would regard as being a radical agenda"; Obama's just announced budget "put a level of fear in this country that I have not seen ever in…
Cramer on Obama: 'It's Amateur Hour at Our Darkest Moment
March 3rd, 2009 10:23 AM
It was news media conventional wisdom during the 2008 presidential campaign: the worse the economy, the better it was for Democrat candidate prospects. But now that they have the legislative and executive branches and the burden of actually governing, that advantage is slowly being chipped away. CNBC "Mad Money" host Jim Cramer, who first starting connecting that perhaps a Democrat-controlled…
CNBC's Kernen Rips NYT for Criticizing Coverage of Santelli Rant
February 23rd, 2009 11:23 PM
CNBC's Joe Kernen had some fun at the New York Times' expense Monday morning, so much so that whether you love Rick Santelli's Rant Heard 'Round The World, or just can't stand the Grey Lady, you're guaranteed to bust a gut.To set this up, the NY Times on Monday ran an article bashing media mogul Rupert Murdoch for actually liking -- wait for it!!! -- newspapers -- stop the presses!!! -- as well…
Santelli: Get the Government Out of the Banking System
February 23rd, 2009 3:18 PM
As rumors of nationalization swirl about Bank of America (NYSE:BAC) and Citigroup (NYSE:C), the market indices have fallen. On Feb. 23, Larry Kudlow, co-host of CNBC's "The Call," asked CNBC Chicago Mercantile floor reporter Rick Santelli if the government should be involved in propping these troubled banks. Santelli made waves on CNBC's Feb. 19 "Squawk Box" railing against the Obama…
Kudlow, Santelli Push Back Hard at Mortgage-Mod Program, Harder at Gib
February 23rd, 2009 7:02 AM
Advantage Rick Santelli -- and Larry Kudlow. CNBC reporter Santelli's Thursday morning "Shout Heard Round the World" (CNBC's term) objecting to the Obama administration's mortgage modification program on the floor of the Chicago Mercantile Exchange quickly went viral, and struck two nerves. First, it ignited a groundswell of support from the over 90% of the of the nation that pays its bills and…
CNBC's Santelli Invited to the White House
February 20th, 2009 3:45 PM
Will wonders ever cease? First, a NBC network airs its Chicago Mercantile Exchange floor reporter making a call to action against all the populism that has inundated the political dialogue over the past six months. Now, the same reporter, Rick Santelli, has been invited by White House Press Secretary Robert Gibbs to the White House. On CNBC's "Street Signs" Feb. 20, Santelli told viewers he…
Philosophical Difference or Upset over Stealing the Spotlight? Cramer
February 19th, 2009 5:12 PM
Before today, CNBC "Mad Money" host Jim Cramer was known for his outlandish statements and crazed antics that would land him in the public spotlight. However, Cramer got one-upped today by CNBC's Rick Santelli, calling for something like a "Chicago Tea Party" revolt against the redistributionism that is plaguing our federal government. Cramer, in his "Stop Trading" segment on CNBC's "Street…
Rant for the Ages: CNBC's Rick Santelli Goes Off; Studio Hosts Invoke
February 19th, 2009 3:42 PM
Wow. Rick Santelli of CNBC (picture at right is from his bio page) let the elitists running what is turning into a planned economy in Washington have it today with a rant for the ages.The direct CNBC link is here, while a YouTube is here. Allah at Hot Air has an embed. What's really revolting about this is the studio reaction. While it's maybe half-kidding at times, the fact that strong…
CNBC Analyst: No Market Confidence in Stimulus, Banking Bailout; Dow J
February 13th, 2009 7:23 PM
Remember how the $789 billion stimulus package and the banking bailout under the direction of Treasury Secretary Tim Geithner were supposed to restore confidence to the economy? Think again. As the Dow Jones Industrial Average (DJIA) dipped to less than 8,000 points in the wake of Geithner's TARP II announcement on Feb. 10, CNBC contributor and UC-Irvine Professor of Economics and Public Policy…
Cramer on NY Times Glowing Account of Stimulus Bill: 'Who Edits this B
February 13th, 2009 10:05 AM
Everything is wonderful and peachy-keen in Obamaland if you rely on the reporting on the front page of The New York Times. Just ask CNBC's Jim Cramer. On his Feb. 12 program the "Mad Money" host dealt with the $789 billion stimulus package. "Now if you were to believe what's in the papers, holy cow - except for the funny papers - you would think this package was wonderful," Cramer said he said…
CNBC's Ratigan on Geithner's TARP II Presentation: 'He Soiled the Bed
February 11th, 2009 3:15 PM
Despite his tax problems, President Barack Obama's newly minted Treasury secretary, Tim Geithner, was sold to Congress as the one who was going to save the fragile financial system. However, in what was billed to be a big announcement, and Geithner's first major appearance, he failed to deliver. The Treasury Secretary was slated to outline his plan to rescue troubled financial institutions from…
