Street Signs

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…

Remember when Michael Moore depicted the United Kingdom's National Health Service (NHS) as a superior health care system in his 2007 documentary "Sicko"? That romanticizing on the silver screen might have seemed like a good idea for the American society, but according to Lord Ara Darzi, it's not ideal for the United States. Darzi, a former British Health Minister, appeared on CNBC's Aug. 31 "…

Keith Olbermann, Ed Schultz and the brain trust at ThinkProgress probably won't like this, but CNBC "Mad Money" host Jim Cramer thinks the Glenn Beck boycott won't have an impact on NewsCorp's (NASDAQ:NWSA), the parent company of Fox News, bottom line. During the "Stop Trading" segment on "Street Signs" Aug. 24, Cramer explained that Unilever (NYSE:UN) was going all out with its advertising, by…

It's no longer just enough to educate people about making healthy decision. You now have to influence them psychologically to effect true change according to CNBC's Jim Cramer. Cramer, during his "Stop Trading" segment on CNBC's "Street Signs" on Aug. 10, suggested eating so-called unhealthy food be demonized, similar to how the tobacco industry has been - through a publicity campaign that even…

Balanced? Sure. Hyperbolic? Definitely.Invoking the word "crisis" might conjure up images of a Category 5 hurricane bearing down on the U.S. Gulf Coast or some other situation where decisive action much be taken to avert impending doom. But, is it appropriate to suddenly attach it to the key issue put forth by Obama administration, such as health care? On July 30, CNBC dedicated its three-hour…

While much of the country has been captivated by the passing of pop star Michael Jackson, the scandal of South Carolina Gov. Mark Sanford and turmoil in Iran and Iraq, business news has fallen off the front pages.  That was the observation CNBC "Mad Money" host Jim Cramer made on the June 26 broadcast of "Street Signs." Cramer noted that the front page of the June 26 New York Times was entirely…

Usually when there's turmoil in the Middle East, you'll see a spike in the price of oil, but not this time. On June 15, the first day of trading since the public backlash in Iran began from what many are calling a fraudulent election, the price of oil has actually declined - after a rally over the past few weeks. But as CNBC's Jim Cramer pointed out on his June 15 "Stop Trading" segment on "…

Remember back in March when Congress had the brilliant idea to retroactively tax bonuses paid out by bailed out insurer American International Group (AIG)? The House voted 328 to 93 for the 90-percent tax on the $165 million in bonuses, but it later died in the Senate. Steve Moore, a member of The Wall Street Journal's editorial board, explained on CNBC's May 13 "Street Signs" that the punitive…

After General Motors (NYSE:GM) Chairman and CEO Rick Wagoner was forced out by President Barack Obama, Wall Street is betting bank CEO firings will be the next shoe to drop.  CNBC's New York Stock Exchange floor reporter Bob Pisani told viewers of CNBC's March 30 "Street Signs" the market's actions, with the Dow Jones Industrial Average (DJIA) dropping as much as 300 points, are reflect, in part…

Will wonders ever cease? First, a NBC network airs its Chicago Mercantile Exchange floor reporter making a call to action against all the populism that has inundated the political dialogue over the past six months. Now, the same reporter, Rick Santelli, has been invited by White House Press Secretary Robert Gibbs to the White House. On CNBC's "Street Signs" Feb. 20, Santelli told viewers he…

Before today, CNBC "Mad Money" host Jim Cramer was known for his outlandish statements and crazed antics that would land him in the public spotlight. However, Cramer got one-upped today by CNBC's Rick Santelli, calling for something like a "Chicago Tea Party" revolt against the redistributionism that is plaguing our federal government. Cramer, in his "Stop Trading" segment on CNBC's "Street…

Don't like the notion of Wall Street employees receiving bonuses? Shoot the messenger - as Adam Green at The Huffington Post has done. In a Feb. 2 post on The Huffington Post, Green said it was bad form for CNBC "Street Signs" host Erin Burnett to even think about considering the other side of the anti-Wall Street bonus argument, since some Wall Street banks received TARP funds, courtesy of the…

Like him or not, this time he has a valid point. CNBC rabble-rouser and "Mad Money" host Jim Cramer questioned the merits of Timothy Geithner, President Barack Obama's Treasury Secretary-designate, and told viewers on CNBC's Jan. 22 "Street Signs" that, had he been in Geithner's shoes, he'd face criminal prosecution.  "I happen to have a meeting with my lawyers just to discuss this - with my…

Feeling a little bailout fatigue? Tired of the assault on the taxpayer from the federal government to pacify those influenced by the United Auto Workers? CNBC's Larry Kudlow feels your pain. Call this red meat for the troubled anti-bailout soul. Kudlow, now performing a role as a co-host on CNBC's mid-morning program "The Call," blasted the Union Auto Worker, President George W. Bush, Treasury…