Santelli Slams CNBC Panelists for Spinning Jobs Report

admin — Fri, 04 Feb 2011 20:16:00 +0000

Julia A. Seymour

Jobs are heading up and down at the same time. The Bureau of Labor Statistics announced the morning of Feb. 4 that only 36,000 jobs were added in the month of January, but the unemployment rate dropped from 9.4 percent to 9.0 percent.

The mainstream news media will likely latch on to the dropping unemployment rate, despite job gains that were less than one-fourth of the consensus estimate of 148,000 jobs added. One of the CNBC panelists noted that the increase was "way below consensus."

Facepalm: CNBC's Liesman Declares the Time is Right for Higher Taxes on Dividends, Corporations

admin — Thu, 04 Mar 2010 19:59:25 +0000

Jeff Poor

It’s been proven time and again in over two hundred years of recorded American history, but some people still don’t get it – the government is not the most efficient spender of money.