CNBC anchor Schools Pocahontas on Price Controls

CNBC anchor obliterates Elizabeth Warren in debate over Harris' price control plan

'Those are fallacious and misleading'

Joe Kernen of CNBC schooled Democratic Sen. Elizabeth Warren of Massachusetts on the history of price controls in a debate about the economic policies of Democratic presidential candidate Kamala Harris.

Kernen explained the free market argument against price controls to Warren on "Squawk Box."

"I can paint you a picture of how that would work and how it's worked in the past where we've artificially tried to hold prices down, competition doesn't come in," said Kernen.

“If beef is too high, people don’t move to chicken because competitors don’t come in to undercut where the beef prices are. Nothing works when you try to artificially control prices. It’s just a supply and demand issue. It’s a flawed idea,” he continued.

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CNBC Tag Team Harris advisor on Tax suggestion

Kamala's suggestion to tax Unrealized Gains

With the Democrats, it's always been about putting the screws to the wealthy

And the amazing thing about this is, they are the party of the elite!

“It’s probably unconstitutional,” Kernen said. “And it’s never gonna happen, probably.”

“It’s not income,” Quick interjected.

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Best Economies for Residents

Florida is Number 1 in CNBC's Annual Study on the Economy

1. Florida

The Sunshine State’s economy is white hot. Overall growth is among the strongest in the nation, with the job market to match as workers flood into the state. Florida’s housing market, which is notoriously prone to booms and busts, is well-balanced for the time being. Price appreciation is the fastest in the nation at around 15%, while construction activity is strong, and foreclosures are minimal. There are some clouds on the horizon: affordability is becoming an issue, and the insurance market is dicey. But for now, the future looks bright in the state with America’s top economy.

2023 Economy score: 340 out of 360 points (Top States grade: A+)

GDP Growth (2022): 4%

Job Growth: 4.9%

Debt Rating and Outlook (Moody’s): AAA Stable

Major Corporate Headquarters: CSX, Carnival

Read about America's best state economies

Elon Musk on Conspiracy Theories

Elon Musk Schools Reporter on ‘Conspiracy Theories’ – Freaking EPIC!

Elon Musk recently appeared on CNBC and schooled a reporter who questioned some of the things he tweets about.

The reporter accused Musk of sharing conspiracy theories and Musk reminded him that plenty of so-called conspiracy theories end up being true such as the Hunter Biden laptop.

Musk also correctly pointed out that the suppression of the Hunter Biden laptop story was election interference.

Shepard Smith will be Baaaaaack!

Forget Fox, Shepard Smith to anchor evening news CNBC

This will be a much better fit for this Trump hater.

Starting in the Fall on CNBC, he will be up against The Story with Martha MacCallum on Fox, his former network. MacCallum happens to be a very good journalist, not an opinion reporter like Smith.

"Watching Fake News CNN is better than watching Shepard Smith," Trump once wrote.

Chris Christie on fantasy sports

The CNBC debate moderators were disgusting to watch, at least during the beginning before their first break. But it continued on throughout the night with insipid questions-- such as--asking Jeb Bush if daily fantasy sports needs government regulation. Bush took it as an excuse to brag about his 7-0 fantasy team (quarterbacked by Ryan Tannehill), and then New Jersey governor Chris Christie jumped in to blast the question.

Republican candidates win - CNBC moderators lose

Comment Up

I for one, could not stand the CNBC moderators last night.  They were stupid, sarcastic, wise azzes  and downright rude...just plain unlikable and that was their objective. Every candidate did a great job answering their often times demeaning questions.

I had a few favorites for the night--Marco Rubio, Chris Christie and Ted Cruz.

Then came a question asked of Cruz by Quintanilla--

"Senator Cruz, congressional Republicans, Democrats and the White House are about to strike a compromise that would raise the debt limit, prevent a government shutdown and calm financial markets that fear of another Washington-created crisis is on the way. Does your opposition to it show that you're not the kind of problem solver American voters want?"

Cruz's answer:"You know, let me say something at the outset. The questions that have been asked so far in this debate illustrate why the American people don't trust the media. This is not a cage match. And, you look at the questions: 'Donald Trump, are you a comic-book villain?' 'Ben Carson, can you do math?' 'John Kasich, will you insult two people over here?' 'Marco Rubio, why don't you resign?' 'Jeb Bush, why have your numbers fallen?'

How about talking about the substantive issues the people care about? Contrast with the Democratic debate, where every fawning question from the media was, 'Which of you is more handsome and why'?

Let me be clear. The men and women on this stage have more ideas, more experience, more common sense than every participant in the Democratic debate. That debate reflected a debate between the Bolsheviks and the Mensheviks. And nobody watching at home believed that any of the moderators had any intention of voting in a Republican primary. The questions that are being asked shouldn't be trying to get people to tear into each other. It should be what are your substantive positions."

The debate was won by Ted Cruz, Marco Rubio and Chris Christie, in that order. The CNBC moderators did not concentrate on Trump and consequently his numbers might fall today. Also, today Rand Paul will be filibustering the new debt ceiling bill on the Senate floor--another stand-up guy even if he does like marijuana...can't wait.