CNBC

Fans of Douglas Adams’ “Hitchiker’s Guide to the Galaxy” books will remember that the answer to “life, the universe, and everything” was “42.” For American liberals, the answer to “health, insurance, and everything” appears to be 47. Liberal pundits and politicians, right up to President Obama, have famously – and wrongly – claimed that there are 47 million uninsured Americans. Now, an ObamaCare…

CNBC's Joe Kernen on Friday took New York Times columnist David Brooks to task for statements made in his recent column.As my colleague P.J. Gladnick previously reported, Brooks accused conservative talk radio hosts Rush Limbaugh, Glenn Beck, and Sean Hannity of hurting the Republican Party:The Republican Party is unpopular because it’s more interested in pleasing Rush’s ghosts than actual people…

Former Clinton Labor Secretary and current Obama economic advisor Robert Reich was laughed at Friday for claiming "the stimulus package is the thing that is actually keeping the economy up, keeping people employed." In a discussion on CNBC about the larger than expected September job losses reported Friday by the Labor Department, Reich was explaining to hosts Melissa Francis and Lawrence Kudlow…

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…

The perils of punditry: On Monday, CNBC chief Washington correspondent and New York Times political writer John Harwood predicted that the Massachusetts legislature would not pass a law enabling Democratic Governor Deval Patrick to pick a temporary successor to the late Senator Ted Kennedy. “I don’t think so. Doesn’t look like it,” Harwood announced on CNBC’s Squawk Box.The very next day, the…

Back during 2008, Congressional leaders were eager to call oil executives to testify before them because of the high price of gasoline, which was tied to the higher prices of oil. On Sept. 17, President Barack Obama surprised a lot of people and announced he was pulling the mat out from under two Eastern European allies - Poland and the Czech Republic - when he decided not to go forward with a…

By now, most NewsBusters readers have seen the Drudge Report item alleging that President Obama called rapper Kanye West (he of the "George Bush doesn't care about black people" fame) a "jackass."  This report originated with Terry Moran's rogue tweet to that effect, which later caused ABC to apologize to the White House for relaying off-the-record information to the public at large.Gossip Web…

Not everyone at the NBC Universal umbrella of networks got the gag order memo about the Sept. 12 march on Washington, D.C. Rick Santelli, who has been a target of the Obama White House and is credited with being the inspiration for the 2009 tea party movement, spoke out about how the media ignored the march. But, a year after the fall of Lehman Brothers, he was making the larger point that the…

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…

The Dow Jones Industrial Average (DJIA) has climbed nearly 45 percent since hitting a March 9 low. The S&P 500 (S&P) is up nearly 53 percent. And the NASDAQ (NASDAQ) has soared a whopping 61 percent since the March bottom. But that rally has some analysts shaking their heads. Art Cashin, a CNBC regular who also makes frequent appearances on CBS and NBC news programs to offer insight on…

While none of the other cable networks experienced any technical delays leading into Rep. Charles Boustany, R-La., CNBC - the business arm of NBC Universal's cable empire didn't quite get there on time. Boustany was cheated out of a little over a minute and a half giving his response on CNBC. However, its sister network - MSNBC, and the major cable networks caught up with the Republican response…

Since hitting their lows back in March, financial markets have rallied in the wake of last year's financial crisis. The Dow Jones Industrial Average (DJIA) is up 43 percent since March 9. But can it last? It could be all given up with this rate of government spending according to CNBC "Mad Money" host Jim Cramer. Cramer, responding to a viewer e-mail on his Sept.8 program, explained what a…

It's been nearly seven months since CNBC reporter Rick Santelli took a stand against the Obama administration, which inspired the tea party movement - and the White House hasn't forgotten. White House Press Secretary Robert Gibbs was asked by CNBC Washington correspondent John Harwood why the administration decided to go after Santelli after his Feb. 19 call for a metaphorical revolt over…

Once again, one of the masters of the universe trotted out on MSNBC has discovered the cure to one of society's ills - more Obama. Daily Voice editor and CNBC contributor Keith Boykin waved off the reservations of some parents about President Barack Obama addressing their children in the classroom. Boykin appeared on MSNBC on Sept. 3 in a segment about the classroom controversy and added his…