Veteran anchor Mark Haines, a fixture on CNBC for 22 years, died unexpectedly May 25, 2011. He was 65 years old.
Mark Haines was the co-anchor of CNBC's "Squawk on the Street," which broadcast live from the New York Stock Exchange. Part of the CNBC team since 1989, Haines was the founding anchor of the network's signature morning show, "Squawk Box," and helped develop its format.
A broadcast veteran who served as a news anchor for KYW-TV in Philadelphia, WABC-TV in New York, and WPRI-TV in Providence, Haines joined CNBC in 1989.
Haines had a law degree from the University of Pennsylvania Law School and was a member of the New Jersey State Bar. In 2000, he was named to Brill's Content's "Influence List."
It seems to me that the debate about the pending expiration of the Bush tax cuts boils down to a very difficult choice between two bad outcomes. Despite what some politicians would have us believe, extending the cuts will adversely affect a very bad deficit situation.
You can argue the deficit battle must wait until the economy is on more solid footing, but you cannot argue that the tax debate does not have significant impact on the deficit.
While tax rates might have some impact at the margin, I think hiring is driven primarily by the state of business. If a businessperson sees growing demand for his/her products or services and if that growing demand can only be satisfied by the addition of employees, then the businessperson will hire more employees. To not do so would allow the business to stagnate or would allow more aggressive competitors to take market share.
It's a bad time to repeal the Bush tax cuts. I used to agree, but now I’m not so sure. I’m not saying I disagree, just that I’m not so sure. I started to think about it more when I readthat Alan Greenspan supports the complete expiration of the Bush tax cuts.
The Tea Partiers love to claim that they represent the "Real America." Yet, here is their favorite candidate in the Nevada Senate race advocating for some sort of docile, captive press. What would a "real American" like Thomas Jefferson think? Fortunately, Jefferson was a prolific letter writer, so we know.
CNBC's "Squawk On The Street" profiles the top analysts, traders and money managers on Wall Street under 35 years old.