Erin Burnett
Cramer Rips Federal Gov't for Congressman’s 1,000-2,000 Dow Drop Pre
June 29th, 2010 4:35 PM
On CNBC's June 29 broadcast "Power Lunch," Rep. Paul Kajorski, D-Pa. made a pretty prediction about the Dow Jones Industrial Average (DJIA) should Congress be unable to pass financial regulation legislation. [Video Available Here] "You know, I wish every one of them would ask the question and also the industry and media, what happens in this country if this bill fails?" Kanjorski said. "Do you…
CNBC's Cramer and Burnett: Could BP and Obama Have Handled Spill Bette
June 11th, 2010 5:46 PM
Reports are surfacing that BP is finally considering a suspension of its shareholder's dividend, but what could have been done differently to avert the public relations nightmare BP is facing? Two CNBC hosts had some ideas about that, and about what could have happened if BP chose not to play ball. Jim Cramer and Erin Burnett shared their thoughts on the "Stop Trading" segment of "Street…
Biden Debunked: Cramer Declares Avoiding Taxes a 'Patriotic Duty
March 12th, 2010 4:55 PM
Back during the 2008 presidential campaign, then-Sen. Joe Biden, the Democratic nominee for vice president said it was "patriotic" for people to pay more taxes, in an interview on ABC's "Good Morning America." But what if you don't have to pay more taxes legally? Biden's reasoning was simplistic - that we all need to "jump in, time to be part of the deal, time to help get America out of the rut…
CNN Finds 'Good News' in Jobs Report, But CNBC's Burnett Argues 'Numbe
February 5th, 2010 11:35 AM
The Bureau of Labor Statistics released the monthly jobs report on Feb. 5, showing an "unexpected" decline in the overall unemployment rate. But the reactions from two cable news channels were markedly different. CNN's Allan Chernoff called it "a little bit of good news," even though 20,000 more people lost their jobs in January. He said economists were actually expecting a gain of 15,000…
Cramer React to SOTU: Notes Nat Gas Ignored by Obama; Defends Geithner
January 28th, 2010 6:09 PM
President Barack Obama encouraged some business interests by mentioning nuclear energy and offshore drilling during his Jan. 27 State of the Union speech. Those less popular energy solutions joined the usual alternative rhetoric of wind, solar and bio-fuels. But on CNBC's Jan. 28 "Street Signs," Jim Cramer, host of CNBC's "Mad Money" noted something was missing - an important onshore energy…
Tina Brown: Limbaugh 'Like the Bad Fairy at Sleeping Beauty's Christen
December 31st, 2009 11:54 AM
The Daily Beast’s Tina Brown targeted Rush Limbaugh for ruining 2009, particularly after Obama’s inauguration, on Thursday’s Today show on NBC, blaming him for the “big discord and toxic atmosphere in politics,” and likened him to the “the bad fairy at Sleeping Beauty’s christening” for uttering his famous words about the President, “I hope he fails” [audio clip available here].Brown slammed the…
MSNBC.com Analyst: Palin's 'Reality Show' Life Not Good for Grandson
December 30th, 2009 4:55 PM
MSNBC.com’s Steve Adubato went so far to compare Sarah Palin’s notoriety to a reality show during a segment on Wednesday’s Today show on NBC. Adubato acted as an apologist for Levi Johnston’s move to open his child custody dispute with Bristol Palin: “Sarah Palin’s reality show that she’s been on for the past couple years...It has an impact on this baby as well....and it’s not good for the kid…
CNBC Host Upset 'American Political Community' Worried about 'Killing
December 14th, 2009 6:11 PM
It's a good thing New York Times columnist Thomas Friedman wasn't a used car salesman because CNBC "Squawk on the Street" co-host Mark Haines would have driven off the lot in a lemon. Friedman appeared on the Dec. 14 broadcast of "Squawk on the Street" to promote the paperback release of his book, "Hot, Flat, and Crowded." And once again, he made the case the United States is lagging behind in…
CNBC’s Harwood: Chance of Dems Pushing Another Stimulus to Save Face
November 27th, 2009 1:32 PM
Here we go again. We've already seen how ineffective the previous $787-billion stimulus Congress and the President forced through earlier this year has been with curbing unemployment, as it has raced into double-digits over the previous months. But will there be an effort to force through another one? Earlier this week, Speaker of the House Nancy Pelosi made overtures of another stimulus in a…
Cramer to Wall Street Execs to Be Hit by Obama’s Draconian Pay Restr
October 21st, 2009 7:14 PM
Worried about a potential slippery slope with the Obama administration dictating what people are paid in the private sector - TARP bailout or no TARP bailout? Message from CNBC's Jim Cramer: Get over it. On CNBC's Oct. 21 "Street Signs," the "Mad Money" host ripped into Wall Street executives that objected to the government dictating the rules of compensation. Opponents argue these pay…
CNBC's Cramer: Blame Congress for Obama's Diminishing Popularity
September 30th, 2009 7:47 PM
Karl Rove, David Axelrod - look out. CNBC "Mad Money" host Jim Cramer has the political climate figured out. Since inauguration, President Barack Obama has seen his approval ratings fall by almost every poll and that's historically a normal reaction as the newness wears off a new president. During his Sept. 30 "Stop Trading" segment on CNBC's "Street Signs," Cramer pointed out that although…
Media Revelation: Obama is Going to Raise Taxes
September 14th, 2009 9:19 AM
About a year ago, then-Senator and Democratic nominee Barack Obama managed to seize control of the issue of taxes from the Republican Party by promising lower taxes for "95 percent of Americans." But today it's a drastically different situation. Obama's $787-billion stimulus has been passed into law and the administration is taking on higher deficits, which will only increase if a Democrat…
Former British Health Minister: U.K. System not 'Ideal' for U.S
August 31st, 2009 7:12 PM
Remember when Michael Moore depicted the United Kingdom's National Health Service (NHS) as a superior health care system in his 2007 documentary "Sicko"? That romanticizing on the silver screen might have seemed like a good idea for the American society, but according to Lord Ara Darzi, it's not ideal for the United States. Darzi, a former British Health Minister, appeared on CNBC's Aug. 31 "…
CNBC's Cramer on Glenn Beck Advertisers: 'I Think They All Come Back i
August 24th, 2009 5:21 PM
Keith Olbermann, Ed Schultz and the brain trust at ThinkProgress probably won't like this, but CNBC "Mad Money" host Jim Cramer thinks the Glenn Beck boycott won't have an impact on NewsCorp's (NASDAQ:NWSA), the parent company of Fox News, bottom line. During the "Stop Trading" segment on "Street Signs" Aug. 24, Cramer explained that Unilever (NYSE:UN) was going all out with its advertising, by…