It could be said that the only people idiotic enough to believe in free market economics are: a) academics and b) TV business personalities. Everyone else either pretends to believe in it while siphoning gigantic tax breaks and bailouts off of the tax payer, or accurately ...read more
Happy Friday, kids. Here's what you should be reading today instead of working or daydreaming about the weekend. 1. Giving Good Ed It's tough for me to recommend anything from Salon these days, even screwing around. And yet occasionally the site prints something so ...read more
By Ben Cohen: On our 'Video of the Day' section, we put up a clip of CNBC host Maria Bartiromo engaging in a nasty spat with Current TV's Eliot Spitzer on the AIG/Hank Greenberg scandal. It's an entertaining back and forth and Bartiromo comes off particularly badly in her ...read more
The recovery in the US jobs market hit a wall in May as the economy added a paltry 69,000 jobs and the unemployment rate rose to 8.2%, the first rise in nine months. The news, combined with fresh fears about the future of the eurozone, sent US stock markets into a tailspin. ...read more
An inconvenient flashback from 2007 from the man with the nerve to say he understands the market more than mere comedian Jon Stewart. A recent article in The New York Times reviewing the record of New York’s attorney general, Andrew M. Cuomo, recalled that he had warned two years ...read more
Kudlow has decided he'd rather stay at CNBC and say crazy stuff on-air while burning dollar bills than run for the senate. ...read more
God, the contempt for average Americans is so pathetic. Time to storm the Bastille, it feels like sometimes with these guys. ...read more
Lighting up dollar bills on tv isn't the work of a sober individual. ...read more
They seem to not understand that they no longer control all of the vertical. A TVNewser tipster tells us MSNBC producers were asked not to incorporate the Jim Cramer/Jon Stewart interview into their shows today. In fact, the only time it came up on MSNBC was during the White ...read more
I love Jon Stewart, the last real journalist in America. Jon Stewart vs. Jim Cramer The Complete Interview Jon Stewart vs. Jim Cramer Part 1 Jon Stewart vs. Jim Cramer Part 2 Jon Stewart vs. Jim Cramer Part 3 ...read more
by Ari Rutenberg I'm hoping Jim Cramer lives up to his word. During last nights Jon Stewart shellacking Cramer agreed to get serious in his commentary. He is a well-known voice and has a deep insiders knowledge of the financial system. And if he actually gave us all that insight ...read more
Joe Scarborough comes in for serious reaming. ...read more
Where "the little guy" is a multimillionaire with a TV show. In that world, Sam Walton was just a simple shopkeeper. ...read more
by Ari Rutenberg I just saw John Stewart rip Cramer for claiming that he didn't say Bear Stearns stock was a good buy days before it went bust. After showing several clips in which Cramer does just that, the brilliant Mr. Stewart simply said "FUCK YOU!". Video soon... Update: ...read more
Jim Cramer did such a great job telling people to hold on to Bear Sterns, why shouldn't we listen to him about the supposed folly of President Obama's economic policy? ...read more
Supposed reporter Rick Santelli is just horrific in this clip from CNBC, slamming President Obama's mortgage plan - and of course he's cheered on by the traders on Wall Street. The same big money traders who ran America into the ditch, took our bailout money and passed out that ...read more
