Showing posts with label cnbc. Show all posts
Showing posts with label cnbc. Show all posts

Friday, October 30, 2015

CNBC "Crap Sandwich" Infuriates GOP


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Previous Related Posts:
First GOP Primary Debate
Countdown to the Fox Clown Car Debate
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The channel of high finance CNBC hosted a GOP Debate the other night, but instead of focusing on money issues, the Moderators were all over the place, asking embarassing questions to surly candidates who dodged, rolled their eyes, and insulted back with gusto. In the words of RNC Chairman Reince Priebus, it was a "Crap Sandwich."



Reince Priebus via Business Insider:
"Obviously we had assurances that it was going to be straight-up finance, which is what they do every day," he told Hannity on Thursday. "And what was delivered was just nothing but a crap sandwich. I guarantee you we're going to make sure that CNBC isn't hosting and moderating another debate with our candidates."






Even many journalists were tempted to use the phrase "Shit Show"



From Think Progress
Reporters from both conservative and liberal-minded news organizations seem to agree: the CNBC Republican presidential debate was kind of a trainwreck.
That wasn’t really because of the candidates, though — it was because of the moderators. For the first hour, CNBC moderators Becky Quick, John Harwood, and Carl Quintanilla didn’t let candidates interact with each other, resulting in multiple moments of incomprehensible yelling. This may have been because of stricter time limits — this particular 10-candidate debate was only two hours, while the previous Republican debates have spanned three hours.
But constant interruption wasn’t the only problem. Candidates were also highly critical of the CNBC crew, accusing them of being part of the “liberal media.” At one point, Ted Cruz ripped into the moderators for asking what he called unfair and non-substantive questions. And in two instances, audience members actually booed at questions the moderators asked of Ben Carson and Mike Huckabee.

From Sean Illing on Salon:
What happened was less a debate among contenders and more a showdown between the candidates and the moderators. Everyone attacked the moderators when they heard a question they didn’t like, and then made a show of their rebelliousness – this was great for anti-media conservatives, but a distraction for everyone else. The moderators had their moments, but they were mostly awful. Frivolous questions about Rubio’s absenteeism or Trump’s “moral character” or fantasy football gave the candidates just enough fodder to avoid answering the hard questions whenever they were asked. The result of all this was two and a half hours of political gas.

Colbert on CBS: "Did ya'll watch the GOP Debate last night on CNBC? (light applause) I'm so sorry. I, uh, I did watch it, and in some ways it was impressive. They managed to thread the needle between confusing and boring... CNBC showed us how to conduct a debate without a shred of respect....And what the moderators lacked in courtesy they made up for in lack of preparation."



So yeah, Moderators had a really bad night!











Some (including Moderator John Harwood) faulted the candidates for not wanting to answer hard questions:










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Tuesday, March 12, 2013

Ryan Reruns Plan to Repeal Obamacare

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pic source: @TheDailyEdge


Paul Ryan and Chris Wallace on Fox News
WALLACE: Are you saying that as part of your budget you would repeal — you assume the repeal of Obamacare?

RYAN: Yes.

WALLACE: Well that’s not going to happen.

RYAN: Well, we believe it should. [...]

WALLACE: This was a big issue in the campaign between Romney-Ryan vs. Obama-Biden. They think they won and they think that’s one of the reasons they won, and there are, Congressman, a lot of independent studies that say if you put this into effect, the net effect will be that seniors will end up having to pay more of the share of their healthcare cost. [...]

RYAN: I would argue against your premise that we lost this issue in the campaign. We won the senior vote.




Chairman Ryan coming out saying one of the marquee issues in the budget is going to be the repeal of Obamacare. I think we fought that battle. I think it’s over and it’s been over for some time. Good luck with that one - that doesn't make it anymore realistic.
~ Jim Nussle, former director of the Office of Management and Budget under George W. Bush on CNBC

Paul Ryan, the Health Bomber
. . . My question is why the newspapers keep acting as if this guy, Paul Ryan, is some kind of big Republican brain. Is this the person with whom the President needs to strike some type of Grand Bargain? If so, we've got problems.
~ Chris Matthews on Hardball

Paul Ryan comes out as if 2012 didn't happen, it's like Back to the Future. He got in a time machine!
~ David Corn on Hardball
















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Wednesday, December 26, 2012

CNBC's Maria Bartiromo Shrieks at a Democrat and Traders Cheer


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Bartiromo: Are you guys just incompetent or what? I mean, if you can't do this, if you can't do what the American people pay you to do, why don't you just step aside and put somebody in there who can actually get a deal done?
. . . You're talking about $1.2 trillion in revenue, but you're not prepared to put anything on the table. People are not stupid.

. . . Cardin: The easiest way to get the revenues is to get the rates on the higher-income taxpayers.

 Bartiromo: That's all you want to do. That's it. It's your way or the highway. Raise the rates on the rich. No other way. Your way or the highway. That's it.. That's where we are. Thank you, Senator.

Cardin: Next time, let me answer the questions --

Bartiromo: Oh, you've answered them. Clearly.


I'll give her one cheer for clearly exposing Democrats' "my way of the highway" approach. She missed the opportunity to get to three cheers because it seems that she's just now recognizing after all these months that Democrats, including President Obama, won't accept any kind of a solution that doesn't involve raising the top rates -- even though they've been saying that very thing all along. ~ Tom Blumer on Newsbusters  . . . from time to time, you just have to give credit where credit's absolutely, positively due. Because if this thing hasn't gone viral yet, it damn well should. Yesterday on CNBC, host Maria Bartiromo schooled a United States senator. I won't even mention his name. After what happened to him, he's not worthy, and he probably would prefer I just leave him out of this whole thing. He would prefer you don't even watch the video. ~ The Street She is a yammering magpie trying to be relevant! ~ comment by B. L. on The Street As a journalist, she sucked. She let her own frustrations and point of view get in the way of an honest interview. There is a difference between hard-nosed questioning and badgering; she clearly crossed that line. ~ comment by Rick G. on The Street  . . . I think she unloaded on the wrong person. The agreement is not merely about getting the dollar number to be the same. It is important what is changed and what is not changed. Certainly a Democratic Senator whose party just won the election gets to have a say in what happens. ~ comment by disqus_lCwrk6cnV1 on The Street ~~~~~~~~~~~~~~ Quotes from the CNBC Facebook Page  Go Maria!!! Bite their heads off!! she's my hero
~ Heather M.

I thought she was rude,,,,,
~ Jay T.

I Love her but I really thought she was just a Bully and did nothing but trivialize what is going on. Boehner is jerking us all around. He doesn't have the votes nor the Intestinal Fortitude to go against those who have bought Congress. He can't control his caucus. We had an election we voted for taxes being raised on those over 250K and Obama has given even more. We knew what we were voting for. The Republicans have to face reality They LOST. The Senator could not get a word in edge wise. It reminded me of Hard Ball with Chris Matthews.
~ Jackie S.

She never treats Republicans in such a contemptuous way, she's becoming all that's bad on cable, look for her to move to Fox soon where she'll fit in perfectly!
~ John M.

Raise those mean nasty rich people's taxes don't raise mine I want my gubmint check to come on time lol welcome to Rome 700 A.D. All empires come to an end.
~ Gary E.

love it. I don't care which party or politician she's interviewing, every one of them is ruining Christmas.
~ George P.

Great job Maria !!! this guys need to be push for a "yes" or "no" answer, other-way they only say "bla-bla-bla".
~ Diego S.

CNBC might consider that Democrats are their viewers too. We do not need CNBC commentators to spread Republican lies and deceit; they already have Fox News for that. Why does Maria not ask Boehner or Republican guests what spending cuts they would support that does not entail throwing Grandma from the train. Maria needs to take some time off, a lot of time off. Perhaps, she would be happier over at Fox News.
~ Connie V.

The Cliff Diving has begun ... Maria is going to be much poorer as Wisdom Tree Funds lose a billion dollars by the close of tomorrow's market. Karma for the house of Steinberg from all the Frank B. Hall people they screwed in the 1980's.
~ Fred C.

hahahaha,,, Maria is among the 1% of filthy rich American, who are against raising the taxes for the 1% and will pick-on and corner any Democrat politician, while giggling and flirting with the republican politicians she gets to interview... hahaha,, great way for CNBC to glamorize her,,,,, she must be getting desperate and scared like the rest of the 1%, thinking about the tax hike she is going to have to pay up... :))))
~ Vin da V.

Always thought CNBC was bipartisan.... Neutral..... This is sad. CNBC is allowing right wing tantrums on air. So unprofessional..... The last straw was Maria acting like a little school girl giggling over the attention she got on the floor. I will be watching Bloomberg from now on.
~ Andrea L.

Itsy bitsy spider going over the cliff, watch out Maria your going to get bit, Ranting, ranting ranting is not impressing most, we all know your really should quit. Terrible, me bad. Please Faux Fox, hire Maria.
~ Shirley M-D

Great. Just wish the guy had been next to her so she could grab him by the collar and shake sh#t out of him. Loved the applause at the end.
~ Stephen S.


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Saturday, December 1, 2012

Santelli Throws Another Tea Party Tantrum over Taxes

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Business Insider
If you put CNBC's Rick Santelli and the network's senior economics reporter Steve Liesman together on the same segment you know something entertaining is going to happen. Or at least we'll get a Santelli rant.

This morning on "Squawk Box," Santelli, who reports from the CBOT floor, went totally nuts on Liesman waving his papers around saying, "I can't even talk about it anymore" and then walked off the set. The pair were arguing over two op-eds in the Wall Street Journal pertaining to the fiscal cliff and GDP.

"He's gone," host Joe Kernan quipped.




Huffington Post

"It's reprehensible that people go to Charlotte [for the Democratic National Convention] and say 'fairness' and then they run to try to beat the taxman," he hollered at fellow CNBC reporter Steve Liesman. "Shame on them! I can't even talk about it anymore."

And then he was gone.

The rant was apparently in response to a Wall Street Journal op-ed outlining Costco's recent issuing of a special dividend to avoid an expected tax hike due to the fiscal cliff. Liesman countered that a different WSJ op-ed failed to show President George W. Bush's less than stellar record for economic growth.

Surprise, surprise, Santelli didn't like that either.
"Don't give me the switcheroo!" he screamed.

Call Rick Santelli a Wahmbulance
~ Headline on AmericaBlog

Personally, I'm a little uneasy about financial advice from a screaming guy on TV who's about to wet his pants.
~ comment by benb on AmericaBlog

Wow, what a complete d*ckweed. Four bloody percent increase in the marginal rate for the highest income earners -- what they were paying in the already unfair '90s -- and it's the end of the f*cking world for them.
Oh those poor, poor (RICH) plutocratic bastards, I have no sympathy for them.
~ comment by BeccaM on AmericaBlog

Oooh he's an angry elf!
~ comment by Ashton Cruz on Huff Post

A one trick phony.
~ comment by deanimal on Huff Post

Four years ago, Santelli ran off at the mouth on national television, and gave birth to the Tea Party. Is today's rant the kick off to the Secessionist Party?
~ comment by Avalanche3600 on Huff Post

Leave it to LIESman to pull the blame Bush card. I don’t blame Rick for walking off, it’s amazing how he stays sane on CNBC with all those A$$KISSING 0bamaroids!
For business “journalists” they just don’t understand that in a worst case scenario wealthy people will shut their businesses down, retire and cash out their investments THEN WHAT? What will the Emperor and all his commie followers do when there are NO MORE rich people to attack and tax?
~ Saving the Republic Blog

I know nothing about this guy—but anyone who loses it on-air and storms off the set out of frustration is OK by me! BTW—all the people who are sitting there trying to have a serious technical discussion about this issue need to turn around and take a peek at the itty-bitty elephant in the room———which is that Obama is actively trying to DESTROY the USA. They don't get it, because they're so lost in their elitist echo-chamber…
What contemptible people these folks are… Kudos to this Santelli guy… He should walk off the set every day.
~ comment by Vaptorious on Breitbart

In the context of the old Christian Coalition, in a limited sense the precursor to the Tea Party, Ron Reagan, Jr. said "For them, everything is not enough." Indeed. The whining seems to be the goal, the victimization, the pity party.
~ comment by The Real Royal Emperor on Mediaite

Santelli has gone Full Metal Teabag. Lock him up and throw away the key.
~ comment by Donald Dump on Mediaite

Santelli is unhinged.....he's a clown posing as a financial guru. Just like Jackie Welch. CNBC should try and recover any dignity they had by firing him and Bartiromo. They've become shameless shills for the ultra-rich wing of the Republican party.
~ comment by eanadu on Business Insider

I remember when CNBC had a focus on business and the economy. At this point it more like a cheer leading squad for the ultra rich. There are a few who are good like Liesman who tried to have conversations about economics and facts.
Santelli on the other hand is doing more of a bizarre art project. He looked very childish today. Funny thing is even Cramer has good points from time to time. Santelli on the other hand just rants.
~ comment by John1066 on Business Insider



 Santelli's Original Tea Party Rant in 2009
Becky Quick, in studio: .... Rick have you been listening (to the previous conversation)?

Rick Santelli, on trading floor: Listening to it? I've been just glued to it because Mr. Ross has nailed it. You know, the government is promoting bad behavior, because we certainly don't want to put stimulus forth, and give people a whopping eight or ten dollars in their check, and think that they ought to save it.

And in terms of modifications, I'll tell you what, I have an idea. You know the new administration's big on computers and technology. How about this, (Mr.) President and new administration -- Why don't you put up a web site to have people vote on the Internet as a referendum to see if we really want to subsidize the losers' mortgages, or would we like to, at least, buy cars and buy houses in foreclosure and give them to people who might have a chance to actually prosper down the road, and reward people that could carry the water, instead of drink(ing) the water.

Trader sitting near by: What a novel idea! What? Who thought of that!

(traders in the pit start clapping and cheering)

Joe Kernen, in studio: Rick, they're like putty in your hands. Did you hear --

Santelli: No they're not, Joe. They're not like putty in our hands! This is America! (turns around to address pit traders) How many of you people want to pay for your neighbors' mortgage that has an extra bathroom and can't pay their bills? Raise their hand. (traders boo; Santelli turns around to face CNBC camera) President Obama, are you listening?

Trader (sitting nearby, goes over to Santelli's mike): How about we all stop paying our mortgage? It's a moral hazard.

KERNEN: It's like mob rule here. I'm getting scared. I'm glad I'm...

CARL QUINTANILLA: Get some bricks and bats...

SANTELLI: Don't get scared, Joe. They're already scaring you. You know, Cuba used to have mansions and a relatively decent economy. They moved from the individual to the collective. Now, they're driving '54 Chevys, maybe the last great car to come out of Detroit.

KERNEN: They're driving them on water, too, which is a little strange to watch.

SANTELLI: There you go.

KERNEN: Hey Rick, how about the notion that, Wilbur pointed out, you can go down to 2% on the mortgage...

SANTELLI: You could go down to -2%. They can't afford the house.

KERNEN: ...and still have 40%, and still have 40% not be able to do it. So why are they in the house? Why are we trying to keep them in the house?

SANTELLI: I know Mr. Summers is a great economist, but boy, I'd love the answer to that one.

REBECCA QUICK: Wow. Wilbur, you get people fired up.

SANTELLI: We're thinking of having a Chicago Tea Party in July. All you capitalists that want to show up to Lake Michigan, I'm gonna start organizing.

(Whistling, cheering)

QUICK: What are you dumping in, what are you dumping in this time? Housing...?

SANTELLI: We're going to be dumping in some derivative securities. What do you think about that?

QUINTANILLA: Mayor Daley is marshalling the police right now.

KERNEN: Rabble-rouser.

QUINTANILLA: The National Guard.


After Jason Roney of Sharmac Capital makes some comments, it's back to Santelli.

QUINTANILLA: You know, Rick, one of our producers says if Roland Burris steps down, man, "Senator Santelli," the junior senator from Illinois. It's a possibility. I'm just saying...

SANTELLI: Do you think I want to take a shower every hour? The last place I'm ever gonna live or work is D.C.

KERNEN: Have you raised any money for Blago?

SANTELLI: No, but I think that somebody's gonna have to start raising money for us.

QUICK: Hey, Rick? Can you do that one more time, just get the mob behind you again?

QUINATILLA: Have the camera pull way out.

QUICK: Yeah, pull way out. Everybody listen to Rick Santelli.

KERNEN: He can't... I don't think... You can't just do it at will, can you Rick? I mean, you have to say something.

QUICK: No, do it at will. Let's see.

SANTELLI: Listen, all's I know is, is that there's only about 5% of the floor population here right now, and I talk loud enough they can all hear me. So if you want to ask 'em anything, let me know. These guys are pretty straight forward, and my guess is, a pretty good statistical cross-section of America, the silent majority.

QUICK: Not so silent majority today. So Rick, are they opposed to the housing thing, to the stimulus package, to everything out there?

SANTELLI: You know, they're pretty much of the notion that you can't buy your way into prosperity, and if the multiplier that all of these Washington economists are selling us is over one... that we never have to worry about the economy again. The government should spend a trillion dollars an hour because we'll get 1.5 trillion back.

WILBUR ROSS: Rick, I congratulate you on your new incarnation as a revolutionary leader.

SANTELLI: Somebody needs one. I'll tell you what, if you read our founding fathers, people like Benjamin Franklin and Jefferson,... What we're doing in this country now is making them roll over in their graves.

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