Stock Market

The government's traditionally enforced safety standards on automobiles sold in the United States. But the government didn't always own a car company. So you'd expect the media to take a hard look when the government's roles as regulator and competitor converge. But unless you saw the Jan. 28 broadcast of CNBC's "Power Lunch," you might not realize that this is exactly what has happened. In…

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…

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…

Rush Limbaugh is so reviled by the left, that even when he agrees with liberals and issues facts supporting their arguments, they criticize him and demand an apology.The latest such group to deride Limbaugh for supposedly offensive comments that they themselves have supported is the Anti-Defamation League. The ADL has called on Limbaugh to apologize for suggesting that the Obama Administration's…

The news media have often taken President Barack Obama's side against banks, portraying bankers as the villains. But that was not the case on "American Morning" Jan. 22. Business correspondent Christine Romans surprisingly blamed the previous day's stock market slide on "tough new rules" proposed by Obama the same day. According to CNN, Obama wants to limit the size of banks, separate commercial…

Former Barack Obama supporter Jim Cramer on Friday said the stock market would have a huge rally if Scott Brown defeats Martha Coakley in Tuesday's special senatorial election in Massachusetts."I think investors who are nervous about the dictatorship of the Pelosi proletariat will feel at ease, and we could have a gigantic rally off a Coakley loss and a Brown win," said Cramer on Friday's "Mad…

Just in time for what they call "bonus season," ABC's "World News" treated its viewers to a little anti-Wall Street populism Sunday night. On "World News" Jan. 10, weekend anchor Dan Harris explained there was "backlash" against Wall Street for bonuses that haven't even been paid out yet. But the ABC report made no mention of bonuses paid to Fannie Mae and Freddie Mac executives. "This week on…

If you believe polls, current Federal Reserve Chairman Ben Bernanke favorability has been slipping. A recent Rasmussen Reports poll indicates that only 21 percent of Americans favor his reappointment as the Fed chair. And this hasn't gone unnoticed by some members of the Senate, where Bernanke's fate lies. Bernanke's reconfirmation passed through the Senate Banking Committee by a 16-to-7 vote…

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…

In his 1981 inaugural address, former President Ronald Reagan said, "Government is not the solution to our problems; government is the problem." Nearly 29 years later, that still holds true according to CNBC "Mad Money" host Jim Cramer and former Federal Reserve Chairman Alan Greenspan. Both Cramer and Greenspan were guests on NBC's Dec. 13 "Meet the Press" and although neither was making a vain…

According to Don Imus, it's the late-1970s all over again, and not in a good way.  Imus appeared on the Fox News Channel's Nov. 24 "Hannity" program and had some disparaging words for the current administration's economic policy. He told viewers that Obama's associations with Jeremiah Wright and Bill Ayers weren't the problem (h/t Erick Erickson at RedState.com). "You had me convinced - yes…

It's an issue that libertarian Rep. Ron Paul, R-Texas, and Sen. Bernie Sanders (I-Vt.), a self-proclaimed socialist agree on: Congress should have the authority to call for the Federal Reserve to be audited. But it is also something that some in the financial media are reluctant to support, especially judging from the tone of CNBC "The Call" co-host Trish Regan and comments CNBC senior economics…

We've come to expect intellectual dishonesty from the media elite, and Nobel Prize-winning economist Paul Krugman, a columnist for the New York Times, never disappoints. Krugman, in a Nov. 11 post on his NYTimes.com blog titled "The agony of Fox Business," made it clear he was a subscriber to the left-wing fairy tale that Fox News, and by extension the Fox Business Channel, are not pro-business…

A rising Dow Jones Industrial Average (DJIA) means better times are on the way, right? Not necessarily, according to CNBC CME floor reporter and tea party movement inspiration Rick Santelli. Santelli made an appearance on CNBC's Nov. 6 "Fast Money," a show which the host, Melissa Lee, is skittish about a discussion that politics interferes with the market is a reality. Nonetheless, Santelli…