Authoritarian governments are known for having a boot on the neck of freedom. CNBC’s on air editor Rick Santelli said the Obama administration had a "boot on business." Santelli was rumbling with former Obama official and Brookings Institution economist Aaron Klein over taxes, spending and whether the Obama administration enacted “pro-growth” economic reforms.
Despite the recent hype in the mainstream media about teens supposedly hacking state election systems, CNBC tossed cold water on that fake news with a reality check with a ProPublica article. It turns out the students were coached on what to do in look-alike sites that differed from the actual state election sites.
Far-left Democratic Sen. Elizabeth Warren has a new plan to regulate the largest businesses and some in the media helped promote it. She published a Wall Street Journal op-ed about her new legislation, the “Accountable Capitalism Act,” on Aug. 14. The very next day, Mad Money host Jim Cramer interviewed Warren about her “Novel way to reward the stakeholders of the enterprise.” He also called the op-ed “incredibly provocative.”
As several major state primary elections closed last night, with results that bucked the liberal media’s anti-Trump narrative, several journalists still clung in desperation to their hope that despite the GOP wins, they would lose to Democrats in the midterms this Fall.
CNBC’s Squawk on the Street and Bloomberg.com viewed the latest U.S. GDP report as good news for the Trump administration. The 4.1 percent second-quarter GDP estimate announced July 27, was the best quarterly pace in almost four years. Bloomberg.com called it a “Win for Trump” that same day.
The government's Friday June jobs report showed that the economy gained 213,000 seasonally adjusted payroll jobs, while the nation's unemployment rate increased from 3.8 percent to 4.0 percent, primarily because 601,000 more Americans were in the labor force. Despite the increase in overall joblessness, the rate among Hispanics fell to 4.6 percent, its lowest level in the over 45 years of that statistic's history. Unlike in recent months, during which print and online establishment press outlets have mostly recognized record lows seen in black/African-American unemployment, the press has been very quiet about June's record Hispanic low. This has been particularly true at most of its perceived gatekeepers.
Last month, 213,000 new jobs were added to the U.S. economy — more than expected by analysts. Jobs figures from the previous two months were also revised up by a total of 37,000 jobs. This good news about job gains and increased participation in the labor market drew praise from CNBC’s panelists on July 6, even from former Obama administration economist Jared Bernstein.
An investment conference isn’t the typical place to hear climate change complaints and attacks on capitalism, but that’s exactly what attendees heard at the Morningstar Investment Conference in Chicago on June 12. Investor Jeremy Grantham, co-founder of $70 billion global asset management firm, Grantham Mayor Van Otterloo (GMO), blamed capitalism for threatening the planet, according to CNBC.
In light of the #MeToo sexual harassment movement that swept the nation this past year, more politicians and media types are facing scrutiny they may never have faced or at least haven’t faced in years. Take former President Bill Clinton, for example, who was pressed on his treatment of Monica Lewinsky after their affair, on NBC’s Today show Monday.
In his coverage of Friday morning's stellar jobs report, the Associated Press's Chris Rugaber came up with a couple of doozies aimed at curbing readers' enthusiasm. The AP economics writer half-expected that employers would rein in their hiring over confrontational rhetoric President Donald Trump and other foreign leaders have recently engaged in over trade and tariffs. He also implausibly framed the record-low black unemployment rate of 5.9 percent merely as evidence that employers are just now finally "taking chances" with potential workers "they had previously ignored."
Today’s journalists routinely assert that it is “extreme,” “dangerous,” and possibly even criminal for the White House – or anyone else, for that matter – to criticize an investigation into the President. But twenty years ago, Independent Counsel Ken Starr was savaged by the same liberal media during his investigation of then-President Bill Clinton. At that time, Starr was harangued as a “partisan” and “inept prosecutor,” and a “peeping Tom.”
Former President Barack Obama and his wife, Michelle, have signed an extensive contract to create new movies and television shows for Netflix. That agreement potentially includes scripted and unscripted programs, documentaries and feature films. Of course, the Monday announcement came as no surprise to anyone familiar with the connection between the pay-cable channel and the former Democratic occupants of the White House, along with Obama Administration officials and entertainment executives who have supported the family in the past.