The Call

It's been called "the rant heard around the world," after The Drudge Report linked to the video with a screaming red headline. However Rick Santelli may have given CNBC viewers a preview of what effects Obamanomics will have on the populace. On CNBC's "Squawk Box" Feb. 19, the Chicago Mercantile Exchange floor reporter, along with several traders, expressed his outrage about President Barack…

"CNBC Reports" host Larry Kudlow believes free-market capitalism is the best path to prosperity. Too bad CNN "Lou Dobbs Tonight" host Lou Dobbs doesn't. Dobbs attacked Kudlow during the Jan. 14 broadcast of "Lou Dobbs Tonight" for commenting on a dinner meeting of conservative pundits at the home of Washington Post columnist George Will on Jan. 13. Kudlow was not included in person or by phone…

During a report on Thursday’s American Morning, CNN correspondent Alina Cho used personal anecdotes in attempt to show how Barack Obama’s Chief-of-Staff-designate Rahm Emanuel has “softened over the years.” Cho cited the outgoing Illinois congressman’s unnamed rabbi, who said he is “really just a nice guy, intensely spiritual, even polite.” She also stated how despite being labeled a “street…

You've got to love brutal honesty, especially when it comes from the financial media. The Senate's version of a bailout bill, which passed last night by a margin of 74-25, included "sweeteners" - or obscure tax breaks - including benefits for the manufacturer of wooden arrows used in children's toys and another for litigants in the 1989 Exxon Valdez oil spill. Melissa Francis, co-host of CNBC'…

As NewsBusters has been reporting for months, CNBC's chief Washington correspondent John Harwood seems to take every opportunity afforded him to bash Republican presidential candidate John McCain.Having once again done so on Tuesday's "The Call" on CNBC, anchor Melissa Francis asked whether or not Harwood was nonpartisan.The delicious exchange occurred after Harwood spoke in great length about…

As the Bush administration on Friday proposed a sweeping government bailout to address the nation's financial woes, CNBC's chief Washington correspondent John Harwood told viewers that such a move could help John McCain's presidential campaign because the "crisis on Wall Street benefits Barack Obama." This came just days after CNN's David Gergen and Candy Crowley made similar assertions with the…

 On CNN's American Morning today, White House correspondent Suzanne Malveaux reported on Barack Obama's campaigning in Virginia.  Afterwards, anchor Kiran Chetry had a question:CHETRY: All right. And Suzanne, what's on tap for the campaign today? And please tell me it's not lipstick again.MALVEAUX: Let's hope not. He's going to be in Norfolk, Virginia. That is in southeast Virginia, and it's home…

Two segments that aired on two days straight on CNN underscored the network’s alignment with those who stand against a gasoline tax holiday during the summer driving season. First, Carol Costello’s segment on Wednesday’s "Newsroom" program used last year’s bridge collapse in Minneapolis to advance the idea that "things like road construction and bridge repair" would suffer as a result of the lost…

You reap what you sow. Nothing could be truer when it comes to the American economy. According to CNBC "Closing Bell" host Maria Bartiromo, if the media continue to push doom-and-gloom economy stories, they will make the economy worse. "[T]he truth is, ["Today" co-anchor] Meredith [Vieira], it doesn't matter if we're in a recession," Bartiromo said on NBC's February 6 "Today." "We can talk…

Recession stories have a lot in common with global warming stories - there are a lot of them and you hear only one side. And like global warming, recession is the subject of a Newsweek cover story, appearing on the front of the magazine's February 4 issue. The story, "The U.S. Economy Faces the Guillotine," written by Daniel Gross, takes a one-sided gloomy approach to reporting on the U.S.…

You've probably heard about the French trader who has managed to stash away $7 billion before going on the lam. What's the big deal with sticking it to some French bank for $7 billion? This $7-billion loss by the French bank Societe Generale (SocGen) (EPA:GLE) might have caused the sharp plunge in some European stock markets on January 21 - which spurred the Federal Reserve to make an…