Bartiromo on Palin: ‘Terrific Choice’; Kudlow: ‘A Fascinating, F

August 29th, 2008 4:05 PM
While a lot of the members of the mainstream media were scratching their heads, trying to figure out just who Alaska Gov. Sarah Palin was, CNBC actually came through with an almost immediate positive response. The August 29 broadcast of CNBC's "Squawk on the Street" featured two of the network's prominent personalities analyzing Republican presidential nominee Sen. John McCain's choice of a…

Cramer: 'If You Make More than $250,000 Maybe You Should be Paying a L

August 28th, 2008 1:48 PM
CNBC "Mad Money" host Jim Cramer had been on a streak of demonstrating positive free-market behavior. He had criticized the government's handling of Freddie Mac and Fannie Mae. He even gave the media grief for overanalyzing the oil market fluctuations. But on the August 27 "Mad Money," Cramer bucked his that trend and called for higher taxes for top income earners. On his "Mad Mail" segment, a n…

Big Three Networks Ratings Fall for DNC Convention

August 27th, 2008 4:26 AM
The ratings for the Democratic National Convention for ABC, CBS and NBC fell by a million viewers compared to the opener for the 2004 convention with headliner Bill Clinton TVWeek is reporting. On the other hand, the cable newsers saw a ratings jump from their 2004 convention ratings. This reveals the further decline in the old paradigm with the big three networks steadily losing their news…

Harwood Crosses Fingers For Democrat Catharsis Tonight

August 26th, 2008 10:29 AM
Add John Harwood to the list of Barack Obama sycophants, for on Tuesday morning's "Squawk Box," CNBC's chief Washington correspondent actually crossed his fingers hoping that Hillary Clinton's speech at the Democratic National Convention tonight can bring about a much-needed catharsis amongst her disgruntled supporters.In fact, he not only told the viewing audience to cross their fingers, but as…

Barron's: 'It's Almost as if Obama Wants to Repeat the Mistakes of Her

August 25th, 2008 6:21 PM
It seems like a no-brainer: Raising taxes is bad. It's a shame that Barron's is one of the few outlets to pick up on it. An economic plan floated out by Democratic presidential hopeful Sen. Barack Obama, Ill., would raise taxes on incomes above $250,000 - with the highest rate at 39.6 percent - and redistribute the wealth to the poor and middle-class. But that would be a big mistake, according…

Harwood: Biden's Racially-Insensitive Gaffes 'A Strength

August 23rd, 2008 9:27 AM
You know the old software programmer's excuse: "that's not a bug.  That's a feature!"  John Harwood of CNBC/NYT has produced a political variation on the theme to buff up Joe Biden.  Biden's gaffes, including the racially-insensitive ones, are actually . . . "a strength."Harwood was chatting with Joe Scarborough and Mika Brzezinski on a special Morning Joe edition today, and the topic of Biden's…

Caruso-Cabrera Jabs Obama Camp Again – 'They Want to Cite the Almigh

August 15th, 2008 12:06 PM
Perhaps the media's Obama lovefest isn't as infectious as previously thought - at least in some corners of the financial media. For the second day in a row CNBC's Michelle Caruso-Cabrera noted low taxes - a conservative economic ideal - trumps those of the left, both economically and politically. Caruso-Cabrera and "Squawk Box" co-anchor Joe Kernan interviewed Douglas Holtz-Eakin, the chief…

CNBC Host to Obama Advisor: Ask Yourself – 'What Would Milton (Fried

August 14th, 2008 7:07 PM
It's not often someone in the media challenges the liberal point-of-view - especially on the issue of taxes when they become a means to redistribute income. CNBC "Squawk Box" fill-in co-host Michelle Caruso-Cabrera wasn't afraid to buck the trend and challenge Democratic presidential nominee Sen. Barack Obama's senior economic adviser Austan Goolsbee. Goolsbee appeared on the August 14 "Squawk…

Greenspan Blames High Oil Prices on Speculation and Supply

August 1st, 2008 10:47 AM
Former Federal Reserve chairman Alan Greenspan spoke with CNBC's Maria Bartiromo Thursday, and although a number of press outlets reported his concerns about the economy being close to a recession, his comments about high oil prices being a function of speculation and lack of supply went largely unnoticed.This boycott seems especially absurd as Congress is currently deadlocked on an energy bill…

The Undead: Cramer Crushed Carter Still Alive

July 31st, 2008 11:46 AM
Disclaimer: Yes, Joe and Chris.  We know Jim was joking.Money maven Jim Cramer is a self-described Democrat, one who idolized Lenin back in his Harvard days [Cramer's, not Lenin's] and was on the verge of tears over the downfall of his old college buddy Eliot Spitzer.  But one Dem not high on Cramer's list is Jimmy Carter, so much so that Cramer feigned dismay to be informed that—contrary to his…

CNBC's Burnett Declares Schumer Not to Blame for IndyMac Failure

July 24th, 2008 2:03 PM
Don't blame Sen. Charles Schumer, D-N.Y., member of two influential banking committees - the Senate Finance Committee and the Committee on Banking, Housing, and Urban Affairs - for IndyMac's collapse, says CNBC's Erin Burnett. Burnett, host of CNBC "Street Signs," disagreed with a claim by MSNBC "Morning Joe" host Joe Scarborough that a letter to regulators from Schumer caused a run on the…

John Harwood Has Never Seen This Cartoon

July 16th, 2008 8:03 AM
How insulated is the MSM? In how much of a liberal cocoon does it exist? For an answer, consider the vile cartoon displayed here.  My guess is that the great majority of NewsBusters readers are familiar with it.  But John Harwood—of the New York Times and CNBC—has never seen it.That became clear on today's Morning Joe. The topic was the TV comedy world's double-standard, in which Republicans are…

The Biz Flog – Blaming Oil Speculators for High Gas Prices

July 9th, 2008 4:01 PM
Forget the basics of supply and demand, just find someone to blame. As Congress takes new aim at speculators for the high price of gasoline, some media reports seem to be following suit. But as The Biz Flog explains this week, there is considerable debate over whether speculators should be blamed for the high cost of oil. June 23, the same day Democrats on the House Energy and Commerce…

CNBC's Gasparino Fires Back at Bear Stearns Rumor Charges

July 9th, 2008 10:32 AM
Although the collapse of Bear Stearns happened back in March, the debate still rages as to what led to the failure of the 85-year old investment bank that had survived years of previous turmoil, including the Great Depression. After JPMorgan Chase (NYSE:JPM) CEO Jamie Dimon appeared on PBS's "The Charlie Rose Show" July 7 and commented on an August 2008 Vanity Fair article alleging that…