Free Republic

On Wednesday’s broadcast of MSNBC’s “Morning Joe,” Steve Rattner, who served as counselor to the Treasury Secretary in the Obama administration, and currently serves as the show’s Economic Analyst, acknowledged that, according to estimates by both the government and the private sector, the green provisions in the Inflation Reduction Act are going to cost hundreds of billions of dollars more than originally estimated.

During an interview aired on Friday’s broadcast of Bloomberg’s “Wall Street Week,” Steve Rattner, who served as counselor to the Treasury Secretary in the Obama administration, stated that a lack of workers due to stricter immigration policies is not driving the problems with inflation and that changing immigration policy wouldn’t make “that much of a material difference” in the immediate or medium terms After playing a clip of BlackRock CEO Larry Fink blaming economic problems on policy, host David Westin asked, “Steve, what he’s talking about there in terms of policy-generated are things like some of our trade policies, some...

On Thursday’s broadcast of MSNBC’s “Morning Joe,” MSNBC Economic Analyst Steve Rattner, who served as counselor to the Treasury Secretary in the Obama administration, warned that there is “a substantial risk” of stagflation because it’s “very hard to reduce inflation without reducing economic growth.” Co-host Joe Scarborough asked, “We are obviously all following what is going on, whether the Fed is threading the needle correctly and some concerns from somebody that you’ve agreed with in the past, Larry Summers, he’s talking about stagflation in the coming months. What are your thoughts about that?”

On Friday’s broadcast of Bloomberg’s “Wall Street Week,” MSNBC Economic Analyst Steve Rattner, who served as counselor to the Treasury Secretary in the Obama administration, said that we’re dealing with a potential stagflation problem where “address both an inflation problem and potentially a growth problem at the same time” for the first time since the early 80s, and that while he isn’t predicting a recession, he “wouldn’t be shocked if we had one somewhere down the line” because stagflation oftentimes causes recessions.

On Friday’s broadcast of Bloomberg TV’s “Wall Street Week,” Steve Rattner, who served as counselor to the Treasury Secretary in the Obama administration, said that it will “take multiple years” to work inflation out of the economy, and “it is going to be painful. And it’s going to be painful for growth. It’s going to be painful for jobs.”

Senator Elizabeth Warren has unveiled her vision for how to pay for “Medicare for all” — a daunting mountain of new taxes and fees. Thanks for providing us, Ms. Warren, with yet more evidence that a Warren presidency is a terrifying prospect, one brought closer by your surge in the polls. Left to her own devices, she would extend the reach and weight of the federal government far further into the economy than anything even President Franklin Roosevelt imagined, effectively abandoning the limited-government model that has mostly served us well. Ms. Warren may call herself a capitalist, but her panoply...

Despite Prior FBI Statements that Seth Rich’s DNC Computer and Emails Were Investigated, FBI Now Claims No Related Docs in FOIA Request. Attorney Requesting Documents Demands Court Step In. We reported on September 19th… that Texas businessman Ed Butowsky filed a lawsuit where he outed reporter Ellen Ratner as his source for information on Seth Rich. The DNC operative was murdered in the summer of 2016 in Washington DC. His murder was never solved. According to the lawsuit Seth Rich provided WikiLeaks the DNC emails before the 2016 election, not Russia. This totally destroys the FBI and Mueller’s claims that...

Fox News news analyst Ellen Ratner relayed information from Wikileaks founder Julian Assange to Texas businessman Ed Butowsky regarding Seth Rich’s role in transferring emails to Wikileaks, according to an amended lawsuit that I filed this morning on behalf of Mr. Butowsky. Although Ms. Ratner appears on Fox News, she is by no means a Republican or a conservative, and her role in the Seth Rich saga (like that of journalist Sy Hersh) obliterates the Democratic narrative that right-wing zealots fabricated the story about Mr. Rich leaking emails from the Democratic National Committee. Mr. Rich, a DNC employee, was murdered...

The federal investigation into allegations of pay to play in one state agency may be over, but that doesn’t mean Gov. Bill Richardson is in the clear, a top New Mexico political analyst said today.In an interview with NMI, Albuquerque pollster and analyst Brian Sanderoff pointed out that federal and state investigators are still looking into allegations in the investment scandal that began in New York and has since spread to New Mexico and other states. That case, which is separate from the probe that has ended, involves some prominent Richardson friends and donors.The probe that we learned today...

Dr. Robert Jeffress: "I predict the House flipping will give President Donald Trump a larger re-election majority win in 2020. Watch & share my interview from @LouDobbs Tonight on @FoxBusiness."

Steven Rattner, a fundraiser for Democrat Hillary Clinton and someone who was fined by the SEC, has a column criticizing Republican presidential candidate Carly Fiorina in The New York Times titled "Carly Fiorina Really Was That Bad." ... "Not mentioned by the Times is the fact Rattner was once President Obama‘s 'Car Czar' back during the Cash-for-Clunkers days. He’s also a major fundraiser for (drumroll…) Hillary Clinton." Rattner also paid $10 million in fines to the Securities and Exchange Commission in 2010 for alleged involvement in a New York State pension fund scandal. ... What’s next, Grey Lady? Can we...

The New York Times is declaring that disgraced private equity mogul Steven Rattner has gotten his reputation back in the Manhattan lunch circles that matter. This was probably only a matter of time given that it was the Times itself that played a leading role in his rehabilitation. It’s Andrew Ross Sorkin, naturally, who pronounces the cleansing complete, even wondering aloud if Rattner could be a Treasury secretary someday. This about a guy who just two years ago paid $16 million to settle SEC and New York lawsuits against him for taking part in a kickback scheme with public officials...

We've got more than a year to go before the election. Even so, Steve Rattner has made a strong bid for most unusual metaphor of the political season. On today's Morning Joe, Rattner said that when it comes to the email matter, Hillary needs to "open the kimono." Rattner, a Hillary supporter, went on to indicate that she should turn over the server and take questions at length from reporters, as Chris Christie did regarding Bridgegate. View the video here.

Carly Fiorina may come from the executive suite, but that hasn’t stopped other executives from slamming her record. The latest critique comes from Steven Rattner, a former Wall Street banker and private equity executive. Rattner, in an opinion piece in the New York Times on Saturday, called Fiorina’s time as the CEO of HP “short and disastrous.” Rattner said HP’s acquisition of Compaq, pushed through by Fiorina, caused an amount of divisiveness at the company that Rattner says he never saw in his 33-year career on Wall Street. He said that while Fiorina did serve during a tough period for...

Presidential candidate Donald Trump is now taking on one-time Obama "car czar" Steve Rattner.On Monday, Trump fired off a tweet telling Rattner: "I think you should have gone to prison for what you did, I guess Obama saved you." He ended the tweet telling Rattner to watch: "I will win!" It was unclear what activity Trump was referring to that should have landed Rattner in jail. Trump did not respond to CNNMoney's request for comment. In 2010, Rattner did pay $10 million in fines when he settled with the New York state attorney general for his alleged involvement in a...

President Obama's former head of the Auto Task Force, Steven Rattner, helped orchestrate the auto bailouts that saw billions of taxpayer dollars spent to save General Motors and Chrysler in a rigged bankruptcy proceeding favorable to political allies (i.e., the UAW). Rattner is now calling for taxpayers to come to the rescue of Detroit as the city struggles to restructure through a bankruptcy process without federal handouts. Rattner penned an op-ed piece for the NY Times that trumpeted the success of the auto bailouts and called for similar action to save Detroit. Rattner likens the Detroit situation to Hurricane Sandy,...

... But while Michigan Gov. Rick Snyder has capably overseen Detroit’s march to Chapter 9, neither the state nor the federal government has evinced any inclination to provide meaningful financial assistance. That’s a mistake. No one likes bailouts or the prospect of rewarding Detroit’s historic fiscal mismanagement. But apart from voting in elections, the 700,000 remaining residents of the Motor City are no more responsible for Detroit’s problems than were the victims of Hurricane Sandy for theirs, and eventually Congress decided to help them. America is just as much about aiding those less fortunate as it is about personal responsibility....

I hate to criticize a fellow pilot, but when one engages in such sky-high hypocrisy, well . . . On Morning Joe today, former Obama car czar Steve Rattner, a very successful hedge fund manager, decried "climate-change denier[s]." This is the same Rattner who, at last report, owned a "15,000-square-foot mansion on Martha’s Vineyard, to which [he] flies regularly on a Dassault Falcon 2000 jet [see file photo] he pilots himself." Rattner wrung his hands over the fact that we're "putting millions of tons of carbon into the atmosphere every day." But just earlier this week, the New York Times...

A top Democrat strategist and donor who served as President Obama’s lead auto-industry adviser recently conceded that the rationing of heath services under Obamacare is “inevitable.” Steven Rattner advocated that such rationing should target elderly patients, while stating, “We need death panels.” Rattner serves on the board the New America Foundation, or NAF, a George Soros-funded think tank that was instrumental in supporting Obamacare in 2010. Soros’ son, financier Jonathan Soros, is also a member of the foundation’s board. Rattner was the so-called “car czar,” the lead auto adviser to the Treasury Department under Obama. Last month, Rattner penned an...

Former Obama administration official Steven Rattner said on MSNBC that Jennifer Granholm "must have had some medications or something in her system" when she addressed the Democratic convention last month: