Warren Buffett Give Obama 'High Marks,' Mocks Palin in CNBC Interview

March 1st, 2010 2:34 PM
It's not a secret that billionaire investor and Berkshire Hathaway (NYSE:BRK.A) CEO Warren Buffett is a supporter of President Barack Obama - having endorsed and raised money for him. But has Buffett's approval of the president mirrored the declining marks he's getting from the rest of America?   No, according to Buffett, Obama's earned "high marks." Buffett appeared on CNBC's March 1 "Squawk…

CNBC Notes Tough Questioning from Michigan Legislators on Toyota; Even

February 24th, 2010 6:15 PM
Toyota is facing harsh scrutiny from the media and lawmakers - perhaps with justification. But there could be consequences for the U.S. economy. And as Toyota (NYSE:TM) executives have endured two days of congressional hearings on the issues surrounding their potentially widespread defective products, the most aggressive questioners have been lawmakers from Michigan, home of the Big 3 automakers…

Santelli: Media's Coverage of Economy, Tea Parties 'Very Much Lacking

February 3rd, 2010 3:46 PM
Rick Santelli is the star of perhaps the most politically consequential online video, viral to the extreme, of the past year (right). On February 19, 2009 he let loose on the Obama administration's economic policies on CNBC's "Squawk Box", calling for a "tea party", and inspiring millions of Americans to speak out against what he and many others see as collectivist economics policies pursued by…

CNBC's Santelli Reacts to NYTimes Label of Tea Party 'Heroes and Inspi

January 25th, 2010 4:36 PM
It's curious to see people in the mainstream media try to make sense of the Tea Party movement. The New York Times, which once called the Tea Parties a psychological phenomenon rather than a political movement, has now changed its tune. In the wake of the stunning upset by Scott Brown in the Jan. 19 Massachusetts special election to fill the seat vacated by Ted Kennedy's death, the Times is…

CNBC Elitism: Harwood Claims Public Doesn’t Know Enough to Make Judg

January 22nd, 2010 3:53 PM
CNBC "Squawk Box" co-hosts Joe Kernen and Becky Quick get it. Unfortunately, their CNBC colleague that covers Washington, D.C. for the network doesn't. On the Jan. 22 broadcast, Harwood appeared on the program to give a status report on the current version of health care reform being negotiated in Congress and what it means in the aftermath of Scott Brown's filibuster-proof busting election…

Ted Turner Advises CNN Not to Follow Fox News Opinion Model

January 14th, 2010 5:41 PM
Since Lou Dobbs left CNN in November, citing a mutual agreement between he and CNN President Jonathan Klein that involved CNN going in a different direction, CNN's ratings have plummeted. But Ted Turner, founder of the first truly 24-hour cable news channel, doesn't see anything wrong with the channel's heading. CNBC's Joe Kernen asked Turner if he had any problems with CNN's direction during…

Santelli Condemns Networks for Ignoring Removal of 'Pig Slop' Cap on F

December 29th, 2009 2:52 PM
While much of the national media was focused on a Christmas Eve Senate vote to pass health care reform legislation, the Obama administration's Treasury Department was tending to other business that will have serious implications for the U.S. economy. But did anyone notice? As Zachary Goldfarb reported for The Washington Post on Christmas Day, the Obama Treasury said it would lift the limits on…

CNBC's Santelli: High Tea Party Polling Data Good for U.S. Dollar

December 17th, 2009 5:36 PM
It's often said markets function better when there is gridlock in Washington, D.C. because there's less of a chance for government will interfere in the private sector, creating a sense of security. But in this day and time, that theory applies to the U.S. dollar as well. On CNBC's Dec. 17 "Squawk Box," CNBC Chicago Mercantile Exchange reporter Rick Santelli debated what was causing the recent…

CNBC’s 'Squawk Box': All the Media Attention Could Actually Benefit

December 10th, 2009 4:13 PM
There has been a lot of media focus dedicated to the alleged Tiger Woods scandal - even so much that when examined quantitatively, it overshadows more serious issues. So what will the net result of this media scrutiny be for Tiger? CNBC's sports reporter, Darren Rovell, took a crack at answering that on the Dec. 10 broadcast of "Squawk Box." "It's 12 straight days in the [New York] Post right…

Warren Buffett: 'Newspapers Have Got a Terrible Future

November 4th, 2009 4:10 AM
Warren Buffett, the second richest man in the world and CEO of Berkshire Hathaway (NYSE:BRK.A), doesn't have much faith in the future of print media. In an interview on CNBC's Nov. 3 "Squawk Box," following the announcement of his purchase of Burlington Northern (NYSE:BNI), Buffett was asked to comment on the future of news media, in particular newspapers and business news by "Squawk Box" co-…

NY Times: Fox Biz Flirting with CNN’s Lou Dobbs

October 12th, 2009 12:29 PM
Is Fox News Channel president Roger Ailes about to score another big name personality for his fledgling off-spin business channel? According to The New York Times television and digital media reporter Brian Stelter, News Corp's (NASDAQ:NWS) Fox Business Network is considering adding CNN "Lou Dobbs Tonight" host Lou Dobbs to its lineup. "The business channel is also keen on another administration…

Oops! Mass. Governor Names New Senator, Three Days After CNBC Pundit S

September 24th, 2009 11:37 AM
The perils of punditry: On Monday, CNBC chief Washington correspondent and New York Times political writer John Harwood predicted that the Massachusetts legislature would not pass a law enabling Democratic Governor Deval Patrick to pick a temporary successor to the late Senator Ted Kennedy. “I don’t think so. Doesn’t look like it,” Harwood announced on CNBC’s Squawk Box.The very next day, the…

CNBC's Santelli Rips Media for Ignoring 9/12 DC March

September 14th, 2009 3:13 PM
Not everyone at the NBC Universal umbrella of networks got the gag order memo about the Sept. 12 march on Washington, D.C. Rick Santelli, who has been a target of the Obama White House and is credited with being the inspiration for the 2009 tea party movement, spoke out about how the media ignored the march. But, a year after the fall of Lehman Brothers, he was making the larger point that the…

USB's Cashin: Market Conditions 'Reminiscent' of Lead Up to 1987 Crash

September 11th, 2009 4:43 PM
The Dow Jones Industrial Average (DJIA) has climbed nearly 45 percent since hitting a March 9 low. The S&P 500 (S&P) is up nearly 53 percent. And the NASDAQ (NASDAQ) has soared a whopping 61 percent since the March bottom. But that rally has some analysts shaking their heads. Art Cashin, a CNBC regular who also makes frequent appearances on CBS and NBC news programs to offer insight on…