RichC | May 1, 2013
Erskine Bowles gave his pitch on CNBC’s Squawkbox Wednesday morning although doesn’t seem to be making much headway with the politicians who refuse to face reality. Neither Republicans or Democrats seem willing to negotiate our future solvency — looks like we’ll need another crisis before real reform is made in Washington DC. I found it [...]
RichC | January 14, 2013
Phil LeBeau of CNBC interviewed Jonathan Browning the President and CEO of Volkswagen Group of America and highlighted not only their outstanding 30+ sales growth year in 2012, but the commitment to expanding the TDI diesel line-up in North America. The interview from the floor of the Detroit Auto Show also mentioned the addition of [...]
RichC | November 17, 2012
There is a Rise Above movement afoot and it is being promoted by business news network CNBC. Supporters and business leaders from both political parties agree that politicians must work together to focus on the financial health of our country and rise above partisan politics. We have yet to see progress and the stock market [...]
RichC | November 16, 2012
Hostess Brands Inc., an 82-year old business with household brands such as Twinkie, Ho-Hos, Ding-Dongs and Wonder Bread will close its doors and liquidate assets after a bitter battle with unions and millions of dollars from venture capital in hopes to save the company. This morning CEO Greg Rayburn talked for 10 minutes with [...]
RichC | September 27, 2012
After three rounds of Federal Reserve quantitative easing and the pumping money into the system, the economy remains depressed and there is growing concern over eventual inflation. The buying power of the U.S. dollar is noticeably weaker for those with stagnate earnings — most of middle-class America. Who knows when government inaction on trade, deficits, [...]
RichC | August 22, 2012
Since our nation’s oil and gas industry has expanded its capacity to produce natural gas in recent years, it only makes sense that we take advantage of this plentiful, clean, and low cost energy resource. It sure sounds like a sensible way to keep the United States an economically competitive place to build and expand [...]
RichC | July 27, 2012
I spend a few hours each day focused on trading and inventing and have been regularly asked about my opinion on buying Facebook stock. My reply has often been that it is a great company and is one of the leaders (if not “thee” leader) in social networking, but Mr. Zuckerberg and Company hasn’t figured [...]
RichC | July 27, 2012
Peter Fisher, the head of Blackrock Global‘s fixed income, made a few observations this morning regarding economic slowness worldwide. One of the important conclusions that I’ve been hearing from experienced voices is that the U.S. is the safest bet when securing capital and inching out returns. In other words, investors globally move to the security [...]
RichC | July 19, 2012
When someone who suggests they are a “social liberal” like Barry Sternlicht (Chairman and CEO Starwood Capital Group) mentions that he is concerned regarding the direction the U.S. and Europe are going when it comes to business, capitalism and taxes … it is time to listen. Some excellent commentary comes after the Verizon comments — [...]
RichC | July 10, 2012
A down day for the markets after slowing earning from big companies like Cummins and Alcoa … but it was the day CNBC announces the top states for business. Of course it is no surprise that Texas was the top state for the 3rd time in 6 years. The other states to make the top [...]
RichC | July 4, 2012
I heard a short bit on Tuesday from CNBC’s Rick Santelli, the fellow that may have triggered the political movement known as the Tea Party. I wanted to post the video or audio this morning as a way to think about the Fourth of July but ended up side-tracked with powerwashing the front porch, garage [...]
RichC | July 2, 2012
There are a few "experiments" happening at the state level in our nation which if talked about might open a few eyes to the benefits of less government as well as more freedom for individuals as the model for our country. Florida Governor Rick Scott (and Governor Perry from Texas by phone) did a pretty [...]
RichC | June 19, 2012
After conversing back and forth with a VW TDI friend of mine in a Google+ thread about the 30-40% increase in new car prices, we sort of concluded in a “maybe we’ll buy a used car?” Of course with the higher priced used cars recently (particularly diesels), I’m not so sure that is a good [...]
RichC | June 5, 2012
Although I’m not a big advocate for President Clinton, I do respect his intellect and ability to navigate the politics and the economy more than the current POTUS. Maria Bartiromo on CNBC had an interview which was both political (stumping for the Dems) and reasonably accurate when it comes to the dealing with the stalled [...]
RichC | March 22, 2012
According to Volkswagen (WSJ), the demand for their new American built Passat is showing steady improvement and therefore they’ll will be adding a 3rd shift and 800 new jobs in their Chattanooga Tennessee plant. I’ve commented on the new diesel version Passat previously and found it an excellent mid-sized sedan; with the current high oil [...]
RichC | February 13, 2012
Every once in a while those interviewed on widely watched financial television channels have an opportunity to mention individual stocks … not a big deal when the companies are larger. Unfortunately mentioning a couple lessor known companies can move the prices. Today CNBC’s Bill Griffeth on his Closing Bell segment interviewed an analyst from Oppenheimer [...]
RichC | February 4, 2012
Fred Smith, CEO of Fedex, spoke on Thursday this past week and simplified his thoughts on turning around the economy and creating jobs. He supplied a chart which doesn’t necessarily clear up the “chicken or the egg” discussion associated with which comes first, but his chart does show that capital investment and private sector employment [...]
RichC | January 23, 2012
David Walker is an idea man that speaks as clearly as any in stating our country’s issues and would be a great advisor to any administration lucky enough to add him. His ideas, that “I believe” the majority will agree on, could be a reasonable approach for most of America who elect moderate Democrats or [...]
RichC | January 21, 2012
I’m archiving the comments of guest Doug Dechille (First Principles Capital Management LLC) on CNBC’s Squawkbox this week. It gave me pause as our politicians and media debate the capital system which helped grow our country. Dechille brought light to the problems financial institutions have with government involvement and the heavy hand of the Federal [...]
RichC | January 12, 2012
There’s must be an easy way for social media users to capitalize on advertising products or companies using social media …hmm? For example, yesterday morning I passively plugged a product by recommending the Volkswagen Passat TDI to Andrew Ross Sorkin, one of the CNBC Squawkbox anchors and NYTimes columnist. He is looking for a safe [...]
RichC | December 10, 2011
After a few flurries and cold temperatures last night, we woke to the first ice on the small lake in front of our house this morning. Brrr … I’m not ready for winter yet. Preparing for Christmas on the other hand, is in full swing as I hauled home a tree last night finishing [...]
RichC | November 22, 2011
Even if you’re not a CNBC watcher or someone who focuses on the financial markets each day, you may have heard of Rick Santelli and his rant in 2009 during the peak of the U.S. financial bailouts. I included the clip in a post which many believed may have spurred the Tea Party movement (some [...]
RichC | September 20, 2011
Why we need to reform the tax code and create a structure that attracts business to the United States … a thought from Thomas Falk, CEO of Kimberly Clark this morning on CNBC. Get the latest Flash Player to see this player. [Javascript required to view Flash movie, please turn it on and refresh this [...]
RichC | September 9, 2011
Like him and his policies or not, it would be great if all politicians were as succinct and committal as Congressman Paul Ryan. His interview on CNBC’s Squawk Box Friday morning after President Obama’s speech was sharp and to the point although respectful toward the president and those holding other ideas. Well worth a listen. [...]
RichC | August 11, 2011
I listened and nodded in agreement to a little optimism this morning in a CNBC interview which paints a slightly different picture as it pertains to the financial health of consumers, US bank and companies. So far today (Dow about 11000 over the lunch hour) this might be making some sense to those who may [...]
RichC | August 1, 2011
As I watch the talking heads on CNBC blabber back and forth, their premarket guest politicians covered their bases for the “lite” deal which in reality kicks the can down the road. It is expected that there will be enough votes to pass the small bill … enough to keep the government functioning and bills [...]
RichC | July 13, 2011
Although Indiana’s Gov. Mitch Daniels is not running in the the primaries against other GOP candidates, I certainly hope that whoever is nominated looks to Daniels for advice and executive experience. With an economy stifled by excessive bureaucracy and adversarial to business, we need someone with his experience when it comes to putting America back [...]
RichC | May 25, 2011
Although I’ve never been a big Mark Haines fan, he was part of my routine for the 22 years he was on as on CNBC as one of the founding faces. I saw him the way many watchers and coworkers did, as a “crusty curmudgeon” on Squawkbox. I would often catch myself “squawking” back at [...]
RichC | May 25, 2011
Herb Greenberg and Jim Cramer took the Sodastream challenge on CNBC Tuesday … I’m not so sure it’s the best option for those who enjoy Coke or Pepsi … or other brand named soft drinks? The beef for me is still the relatively high cost, limited availability and smallish CO2 canisters. Give me a small [...]
RichC | April 30, 2011
I get so frustrated when I hear smart and successful men like John Malone speak and yet very few seem to be listening, particularly those who are in positions to implement change. His comments the other day during a business interview makes complete sense to me; he even offers up a few practical ideas. If [...]