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Former Fed Chair Bernanke Runs Cover for Biden on Inflation Crisis

Business
June 14th, 2022 5:04 PM

A former Federal Reserve chairman who dismissed concerns about the 2000s housing bubble attempted to squash fears of a 1970s-style inflation crisis under President Joe Biden.

 

Networks Fail to Discuss VAT Tax Since Volcker Call for Tax Increases

April 14th, 2010 4:18 PM
As procrastinators rush to beat the April 15 tax deadline and thousands rally at Tea Parties to oppose out of control government spending, politicians and the national news media are mulling the possibility of a new European-style national sales tax. On April 6, former Federal Reserve chairman and current White House economic adviser Paul Volcker revealed the Obama administration's possible…

CNBC's Santelli Brandishes Hammer to Illustrate Obamanomics

February 3rd, 2010 11:40 AM
As the old cliché goes, you don't use a sledgehammer to crack a nut, but according to Rick Santelli, that's exactly what it appears the Obama administration is doing terms of financial regulation and fiscal discipline. On CNBC's Feb. 2 broadcast of "Fast Money," host Melissa Lee proposed that taxing the wealthy is not the path to "economic prosperity and fiscal stability." Santelli, the network'…

Cramer Rips Obama 'Lurch Toward Populism': 'Now on an Anti-Shareholder

January 26th, 2010 9:27 AM
It was initially thought the election of President Barack Obama was just going to hit your pocketbook in the form of higher taxes. But if the past several days are any indication, the president has found another way to hit it - by attacking your stock portfolio. On CNBC's Jan. 25 "Mad Money," host Jim Cramer advised his viewers to be aware of this and to strategically position their stock…

CBS's Reid Rips Obama's Anti-Wall Street Populism: 'Sounds More Like P

January 25th, 2010 3:09 PM
Is the luster finally wearing off the love affair between the White House press corps and President Barack Obama? It is, if CBS White House correspondent Chip Reid's analysis of President Barack Obama's latest Wall Street proposals is anything to go by. Reid appeared on the Fox Business Network's Jan. 25 "Imus in the Morning" program and offered an update on the president's financial and…

Bartiromo Predicts Bush Tax Cuts Extended, Worries U.S. Not on the 'As

November 3rd, 2009 9:15 AM
There's a lot of uncertainty with the U.S. economy and a lot of its recovery hinges on some key policy decisions due from the federal government.  On CNBC's Nov. 2 "The Kudlow Report," CNBC host Maria Bartiromo discussed her interview with former Chairman of the Federal Reserve and Obama adviser Paul Volcker from the Global Financial Leadership Conference in Naples, Fla. One of the topics…

Mitchell Measures the Drapes: 'I Think You're Going to See a Bipartisa

October 17th, 2008 10:09 AM
You might know Barack Obama as the most liberal member of the Senate, a hyper-partisan who toed the Harry Reid line an amazing 97% of the time. But Andrea Mitchell sees in Obama a bipartisan president in the making. Appearing on Morning Joe today, Mitchell came close to speaking of an Obama presidency as a given, just managing to curb her enthusiasm. And wait till you see the people she cited…