Squawk Box
NBC's Richard Engel Admits U.S. Relations Have Not Improved With a Sin
May 29th, 2014 2:50 PM
On the May 29 edition of CNBC’s Squawk Box, Richard Engel, NBC’s chief foreign correspondent, conceded that he could not name a single nation where relations have improved with the United States since President Obama took office six years ago. Engel generally stays above the political fray, so this admission about the president’s foreign policy is revealing.
Responding to further…
CNBC vs. NBC: Did Democrat Donor Influence Latest Keystone Delay
April 21st, 2014 10:52 AM
On Friday April 18, the Obama Administration announced yet another delay on whether or not to proceed with the Keystone XL pipeline. The Obama Administration’s decision came in the wake of a new ABC News-Washington Post poll which found 65 percent of Americans support the construction of the pipeline with only 22 percent opposed.
Following the latest delay, NBC mostly ignored the story,…
CNBC Host Blasts Climate Activists’ ‘Rich People Argument
March 24th, 2014 12:32 PM
Global warming activists’ arguments are for the rich and ignore harm to the poor, according to one CNBC host.
CNBC “Street Signs” co-anchor Brian Sullivan said on March 21 that climate activists constantly push for a shift to renewable energy, but they often forget the impact to poor communities and energy prices.
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‘Shark Tank’s’ Kevin O’Leary Rips Minimum Wage ‘Insanity
February 27th, 2014 6:04 AM
Venture capitalist and businessman Kevin O’Leary expressed frustration over the minimum wage debate on Feb. 26 during a “Squawk Box” interview.
O’Leary, the co-host of ABC’s “Shark Tank,” argued on CNBC that the very debate over wage hikes is already hurting job creation by discouraging small businesses from hiring.
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‘Irritated’ Former Shell CEO Slams Obama on Keystone
February 19th, 2014 2:58 PM
Tired of the president dragging his feet, John Hofmeister, former CEO of Shell, bluntly shared his thoughts about the Keystone XL pipeline on Feb. 18.
Hofmeister passionately argued for approval of the Keystone XL pipeline on “Squawk on the Street,” calling it a “no brainer decision” to boost the economy. Hofmeister criticized President Barack Obama’s refusal to approve the pipeline, citing…
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…
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]…
Abolish the Fed, Says Sun Microsystems Co-founder
September 17th, 2013 10:50 PM
On CNBC’s “Squawk Box” on Tuesday, Sun Microsystems founder and Harvard-trained economist Scott Mc Nealy asserted the Federal Reserve has become a "marketing department" for the government and "shouldn't be in any business at all. They shouldn’t be in the business of taxing people by devaluing the dollar, and they shouldn’t be in the business of setting expectations."
He said the Fed should…
Santelli on Market Rally after Jobs Report: ‘What Are We, A Banana R
September 6th, 2013 10:16 AM
The August Jobs Report showed 169,000 jobs were added, less than many had predicted and revisions from previous months even included a drop of 74,000 jobs. So the jobs total for the month was really just 95,000.
The stock market continued to rally, but CNBC’s Rick Santelli, who covers the Chicago Board of Trade, said that such a contrast was upsetting. “What are we, a banana republic?”…
CNBC Anchor Bravely Asks Whether Obama, Reid Want Sequester to Hurt
March 26th, 2013 12:55 PM
Let’s all be thankful for CNBC. On this morning’s Squawk Box, co-host Joe Kernen raised a question that the Big Three broadcast networks have been afraid or unwilling to touch thus far.
While Kernen was chatting with CNBC Chief Washington Correspondent John Harwood about the sequester, Harwood brought up the FAA’s announcement that it will close 149 air traffic control towers next month.…
Former Obama Official: Jobs Revisions 'Elaborate Left-wing Plot to Mak
February 1st, 2013 9:28 AM
The Bureau of Labor Statistics on Friday reported upside revisions to the number of jobs that were created in last year's fourth quarter.
Appearing on CNBC's Squawk Box, Austan Goolsbee, the former Chairman of the Council of Economic Advisers under Barack Obama, joked, "It’s an elaborate left-wing plot to make the numbers much better several months after the election so that nobody thinks…