CNBC

Farmed & Disingenuous: Chipotle’s Agribusiness Attack Upsets Farmers
February 25th, 2014 3:55 PM
Chipotle says it’s all about “food with integrity.” “Facts with integrity,” not so much. Marketing efforts by the burrito chain once owned by McDonald’s smear many of America’s farmers and use scare tactics to drive consumers away from Chipotle’s competitors.
On Feb. 17, Chipotle released an online original video series on Hulu.com, called “Farmed and Dangerous.” The comedy pits a the…

Maria Bartiromo Premieres on FBN
February 24th, 2014 4:49 PM
“Opening Bell with Maria Bartiromo,” hosted by the former CNBC host, premiered Feb. 24, on Fox Business Network. According to Business Insider, part of the appeal for Fox News to hire Bartiromo was her ability to “book big-name guests,” which would increase the amount of exclusive content on the cable network.
Bartiromo’s guests on first FBN show included bank analyst Dick Bove, Dallas Fed…
Santelli Recalls February 2009: Bailout ‘Dissension was Born
February 19th, 2014 11:23 AM
CNBC’s Rick Santelli recalled the five-year anniversary of the stimulus, housing bailout and blowing “a gasket” during “Squawk on the Street” today.
“On Feb. 19 I blew a gasket. But basically, what was born at that point was the voice of dissension. How do we know that? Many of course still remember the IRS issues. President said maybe there wasn’t a smidgen of, of, of negativity there or…

Rant That Launched Tea Party – and 4 More Amazing Ones from World
February 19th, 2014 6:39 AM
CNBC’s Rick Santelli is a man who isn’t afraid to speak his mind. His Feb. 19, 2009, rant was credited with inspiring the start of the Tea Party. It’s not alone. Santelli raises his voice on the floor of the Chicago Board of Trade whenever he feels that an important point of information isn’t getting enough attention.
Complete with arm waving, props and a lot more facts than liberals are…

Santelli: Five Years after His Rant Launched Tea Party
February 19th, 2014 6:32 AM
Five years ago, CNBC’s Rick Santelli reacted to the possibility of a mortgage bailout with frustration on live television. Quickly, his speech on the trading floor became known as the “rant heard round the world.”
Santelli, an on-air editor who reports live from the Chicago Board of Trade, is frequently interviewed during “Squawk Box” and “Squawk on the Street.” It was during one of those…

CNBC Host: Al Gore a ‘Charlatan,’ and a ‘Villain
February 11th, 2014 3:32 PM
Most of the media may be convinced by Al Gore-style climate alarmism, but CNBC’s Joe Kernen isn’t afraid to speak his mind.
Joe Kernen, co-host of “Squawk Box” called the inclusion of Former Vice President Al Gore on CNBC’s list of “Top Leaders, Icons and Rebels” both “stupid” and “ludicrous.” His Feb. 11, comments came after fellow co-host Andrew Ross Sorkin suggested that CNBC ought to…

Mark Zandi and Others Wrong on Jobs Data
February 7th, 2014 3:51 PM
For the second month in a row, the jobs report was a major disappointment. The January jobs report, released Feb. 7 by the Bureau of Labor Statistics (BLS), showed only 113,000 jobs added, falling far short of the more than 180,000 expected. The unemployment rate dropped to 6.6 percent.
The miniscule revision of 1,000 jobs to the December report compounded the shock. Many had dismissed the…

'Happy Birthday, Chairman Mao' — From CNBC and the New York Times
December 30th, 2013 8:03 PM
The fascination with and excuse-making for long-gone communist dictators responsible for the murders of millions during their reigns is a long-standing phenomenon.
Both CNBC and the New York Times continued that hoary tradition last week. Each headlined reports on the 120th anniversary of the birth of Mao Zedong (whose name was written as Mao Tse-Tung until about two decades ago) with "…

AP and CNBC Agree That Christmas Shopping Season Has Been Awful, But M
December 23rd, 2013 10:32 PM
Concerning the Christmas shopping season, the Associated Press's Anne D'Innocenzio and CNBC's Krystina Gustafson agree: It has stunk.
D'Innocenzio noted that "sales at stores have fallen for the third consecutive week as Americans continue to hold back on spending during what is traditionally the busiest buying period of the year." Gustafson, apparently looking over the same ShopperTrak data…

Media’s Top 10 Most Embarrassing Predictions of
December 16th, 2013 3:57 PM
Print, broadcast or web, the media sure aren’t Nostradamus. In spite of their best attempts, the news media have gotten it wrong prediction after prediction on a wide range of business and economic issues in 2013.
Just in the past year, reporters warned of “economic doomsday,” thought Healthcare.gov was going to be “easy” just like Amazon.com, and warned of melting polar ice, even as a new…

Indications ObamaCare in Worse Shape than Broadcast Nets Telling Viewe
November 12th, 2013 1:44 PM
The broadcast networks have aired more than a few critical stories about the ObamaCare rollout -- from "glitches" with the HealthCare.gov website to the millions of individuals who are losing their health insurance in spite of the President's oft-repeated promise to the contrary (a lie that NBC's Chuck Todd naively argued was not "intentional.")
But an exchange on Monday night's The Kudlow…
NBCUniversal’s Insurance Premiums to Rise Due to Obamacare
October 30th, 2013 5:22 PM
CNBC’s morning anchors were troubled by the news that their own insurance plans will become more costly under the Affordable Care Act (ACA).
On Oct. 30’s “Squawk Box,” CNBC Senior Correspondent Scott Cohn revealed details of NBC’s open enrollment, brandishing an official fact book outlining the process. He quoted the document, revealing that the ACA would increase employee premiums.

NBC Gives Only 21 Seconds to Scoop That Obama Knew People Would Lose H
October 29th, 2013 11:53 AM
Near the end of the fourth story on Monday's NBC Nightly News, White House correspondent Peter Alexander managed to squeeze in a mention of the network's scoop that the Obama administration knew for years that millions of people would be kicked off of their current health insurance plans because of ObamaCare, despite the President's repeated assurances to the contrary. [Listen to the audio]…
Networks Hype Threat of Default, But Were Wrong about ‘Fiscal Cliff
October 16th, 2013 11:18 AM
Between the government shut down and the debt ceiling limit about to be crossed Oct. 17, the news media is screaming like the house is on fire. The Obama administration has also warned of dangers. Of course, that’s nothing new.
In many cases following the Obama administration’s reports and threats, the networks were hysterical in their coverage of the “fiscal cliff” and the sequester in late…