Tag Archive: CNBC


MONEY NEWS

 

” Most people know Sean Hyman from his regular appearances on Fox Business, CNBC, and Bloomberg Television, but what they don’t know is that Sean is a former pastor, and that his secret to investing is woven within the Bible.

Perhaps that can explain why, despite his uncanny ability to predict precise moves in the stock market, Sean is often laughed at for his unique stance on investing.

For example . . . a few months ago Sean appeared on Bloomberg Television. At that time, Best Buy (BBY) was dropping to all-time lows of $16 a share. Sean predicted the stock could go down to $11 a share, and would then quickly rebound to $25 per share, and after that would rally to $40 per share over the next year.”

 

 

 

 

 

 

Could CNBC Be Depriving Viewers Of Vital Information?

 

 

 

” Further, why does CNBC think so much of itself that it imagines it has the power to keep newsmakers from getting on as many outlets as they can to sell the points they are trying to push? The days of some reporter, newspaper, or other media outlet asking, “DO YOU KNOW WHO I AM?” are long over, after all!

Jeff Reeves of the website InvestorPlace on his page called The Slant also makes a good point in his recent discussion of this tale.

” Every modern media consumer uses multiple sources, and that’s ultimately a good thing for public discourse. Secondly, every modern media organization should know that it’s willfully naive to act like they have any old-school gatekeeper power now that there are so many options and the Internet responds instantaneously.” “

WE NEED MORE OF THIS!

CNBC Anchor Goes Off On Dem Congressman: ‘Are You Guys Incompetent Or What?’

Eastwood Disappointed By Lack Of Bipartisanship

 

 

 

” Halftime in America is over and talking to the chair didn’t work, so Clint Eastwood’s taking his political disappointment directly to the people.

The actor, director and Man With No Name went on CNBC on Friday to lament the lack of bipartisan cooperation in Congress and to give some credit to former Republican Sen. Alan Simpson and former White House chief of staff Erskine Bowles for at least trying back in 2010. He worried aloud that the intractable disputes between both sides of the aisle will lead to political complacency that will only further complicate national politics.

“It’s almost like they don’t give a damn,” Eastwood said. “If they don’t give a damn, why do they expect anybody else to?”

It’s been an unusually active political cycle for Eastwood, whose appearance in Chrysler’s “Halftime in America” Super Bowl ad last year in the middle of primary season made onlookers speculate which side he would take in the 2012 presidential election. He supported John McCain in 2008, but his dissatisfaction with President Barack Obama’s economic policies led him to the Republican National Convention and his conversation with a piece of furniture standing in for the president.”

 

 

 

Eastwood

 

 

 

HOBBY LOBBY DEFIES OBAMA ADMINISTRATION WITH CIVIL DISOBEDIENCE FOR RELIGIOUS LIBERTY

 

 

” Now that Supreme Court Justice Sonia Sotomayor has denied Hobby Lobby’s application for an emergency injunction protecting them from Obamacare’s HHS Mandate on abortion and birth control, Hobby Lobby has decided to defy the federal government to remain true to their religious beliefs, at enormous risk and financial cost.

Hobby Lobby is wholly owned and controlled by the Green family, who are evangelical Christians. The Greens are committed to running their business in accordance with their Christian faith, believing that God wants them to conduct their professional business in accordance with the family’s understanding of the Bible. Hobby Lobby’s mission statement includes, “Honoring the Lord in all we do by operating the company … consistent with Biblical principles.”

The HHS Mandate goes into effect for Hobby Lobby on Jan. 1, 2013. The Greens correctly understand that some of the drugs the HHS Mandate requires them to cover at no cost in their healthcare plans cause abortions.

Today Hobby Lobby announced that they will not comply with this mandate to become complicit in abortion, which the Greens believe ends an innocent human life. Given Hobby Lobby’s size (it has 572 stores employing more than 13,000 people), by violating the HHS Mandate, it will be subject to over $1.3 million in fines per day. That means over $40 million in fines in January alone. If their case takes another ten months to get before the Supreme Court—which would be the earliest it could get there under the normal order of business—the company would incur almost a half-billion dollars in fines. And then of course the Supreme Court would have to write an opinion in what would likely be a split decision with dissenters, which could easily take four or six months and include hundreds of millions of dollars in additional penalties. ”

 

 

 

 

Related : AETNA CEO: OBAMACARE COULD DOUBLE HEALTH INSURANCE PREMIUMS

 

 

” FOX NEWS: To provide all Americans with health insurance, premiums will have to rise to pay for it, Aetna CEO Mark Bertolini told CNBC’s “Closing Bell” on Wednesday. “If we’re going to insure all Americans, which is a worthy and appropriate cause, then somebody has to pay for it,” Bertolini said of the expected premium increases under Obamacare. Bertolini said that insurance premiums could double in some places just on the basis of what types of policies people buy today. He also said that when Obamacare is fully implemented, it won’t start the way people had hoped and it won’t be cheaper. ”

 

 

 

 

Marc Faber: Prepare for a Massive Market Meltdown

 

 

 

“I don’t think markets are going down because of Greece, I don’t think markets are going down because of the ‘fiscal cliff’ — because there won’t be a ‘fiscal cliff,’ ” Faber told CNBC’s “Squawk Box.” “The market is going down because corporate profits will begin to disappoint, the global economy will hardly grow next year or even contract, and that is the reason why stocks, from the highs of September of 1,470 on the S&P, will drop at least 20 percent, in my view.”