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Squawking kids on a plane, frenemies & bye Cantor


Talking Squawk, the official "Squawk Box" blog, provides tidbits, insights, and some sarcastic reflections on the WEEK THAT WAS and the WEEK TO COME from the notepad of the show's senior executive producer.

Blankfein on ...

Goldman Sachs Chairman and CEO Lloyd Blankfein joined us this week with a warning: Investors need to be vigilant against complacency because it can lead to market upheaval.

We also asked him what he thought about Eric Cantor's stunning primary defeat.

Blankfein: Eric Cantor defeat 'stunning'

Blankfein called Cantor, the No. 2 Republican in the House, a "sensible politician." He also weighed in on what the loss could mean for budget and immigration policies from here out.

Tea party and the GOP

Steny Hoyer, House Minority Whip (D-MD).
Adam Jeffery | CNBC

House Minority Whip Steny Hoyer swung by this week, with some kind words for Cantor's efforts with Democrats and some harsh words for the GOP and the influence of the tea party.

Frenemies again!

Sometimes people just can't leave well enough alone.

Now that they've made up, Bill Ackman came to the "Squawk Box" set this week, and told us he's trying to get his new friend, Carl Icahn, to sell Herbalife.

Ackman didn't originally come on to talk about Icahn. He came on to talk Valeant and why short seller Jim Chanos is wrong about the company.

Ackman says Chanos wrong on Valeant

Ironcially, it was Ackman's partnership with Valeant to try to buy Botox-maker Allergan that led to the detente with Icahn.

So how is 'she' doing?

Jarden's consumer view

Jarden knows the consumer. It's almost impossible to imagine a household without one of its brands somewhere inside or outside.

Try Rawlings, K2, YankeeCandle, Quickie, First Alert, Sunbeam, Oster, Coleman, Crock Pot and Rival. The list goes on and on.

When you want to get the pulse of the consumer, Jarden Chairman and CEO Martin Franklin is the man. So how is "she" doing?

Sorkin strikes again!

It actually started last Friday but it kept going this week. It also stirred up a firestorm on Twitter.

In case you missed it, co-host Andrew Ross Sorkin ranted about his less-than restful, cross-country, business-class flight.

The problem? Andrew was seated next to a screaming baby for the entire five hours. So he raised the question: Should babies be allowed in business class?

Viewer @scottykyle sent in a fun pic, which we promptly put on air.

My very first tweet EVER made it on CNBC. #thatishowiroll #idonttweetmymeals #babiesonaplane #cnbc #scottykyle pic.twitter.com/mPt5al9aA4

That unleashed the Twittersphere! Here are some of other tweets:

@all4peace4all wrote: You may not have been the only one up all night. Maybe Mom was too. Perhaps little one was ill?

@sclag22 wrote: I'm picturing A.R.S handling babies like Sam Jackson in snakes on a plane. I've had it with these $#@!*&^ babies on this @#$%%#$ plane!

@referrill wrote: People with babies under 5 years should have to rent and live on top floors of walk-ups, don't clutter our neighborhoods!

@LarryMason3 wrote: has snobby 1% attitudes but says it so politely.

@foos1234 wrote: hey Andrew every hear about earplugs my wife swears by them when I snore

@Gassman31 wrote: see the hilarious book "how not to calm a child on a plane" by Johanna Stein

@RRC44 wrote: Andrew—I'm with you, just because they can does not mean they should.

@FranNestan wrote: AGREED & I think I have a solution: a quiet room on airplanes... If your baby cries you have to go in there.

@nugget1tau wrote: if they paid the ticket. Absolutely. Sounds so elitist to make the child move to the back. Baby cries. That's life!

@ctvader wrote: Yes but parents need to think of others before hand. Selfish society lately.

@440Jim wrote: That's the life the parent chose, not all the others. Nobody should suffer but the parent(s)

@JAXON_CAPITAL wrote: Yes. If they paid for the seat they are like any other customer. What's next? No senior citizens? Suck it up and deal

@Sandrine_in_SC wrote: buy a f-ing private plane or 50-cent air plugs and get over yourself

@ctvader wrote: Yes but parents need to think of others before hand. Selfish society lately.

@craigvadams wrote: They pay...they stay. I'm with Becky on this ones...Babies are part of society....love the Lil' ones.

@Bigwhitedog4 wrote: If Flying Business class allows you to act like a Pompous Ass, Then go take your Private Jet!!

Andrew is the father of 3-year-old twin boys. He's probably going to be driven crazy on his next family vacation!

Stella Blues Band

Steve Liesman is our "econo-fed, data-jobs nerd" and also a big Grateful Dead fan. In exchange for being able to poke fun, we have to plug his band's gigs.

So our econo-fed-data-jobs nerd and his @stellabluesband will be jamming Friday, June 13, at Garcia's at the Capitol Theatre in Port Chester, New York. For more info, go to the band's Facebook page.

Next week's economic calendar

  • Monday: Industrial Production (9:15 a.m. ET)
  • Tuesday: CPI (8:30 a.m. ET) and Housing Starts (8:30 a.m. ET)
  • Wednesday: FOMC Meeting Announcement (2 p.m. ET)
  • Thursday: Jobless Claims (8:30 a.m. ET) and Philly Fed Survey (10 a.m. ET)
  • Friday: Quadruple Witching Friday

Earnings on tap

Word Jumble

"Squawk Box" co-hosts Joe Kernen and Becky Quick keep a handwritten record of their daily Word Jumble standings going back years.
Matthew J. Belvedere | CNBC

It was a rough week for Becky Quick in hers and Joe Kernen's years-long Word Jumble contest. Joe was three times. Becky had only one victory. Joe's bonus Jumbled word the week is ERGGAA. Becky's word is SSESBO. You can find the answers at the end of the blog.

Mark your calendar (or set your DVR)

  • Monday: Thomas Fanning (Southern Company CEO), Sen. Mary Landrieu (D-Louisiana), Sen. Lisa Murkowski (R-Arkansas), Gov. Rick Perry (R-Texas)
  • Tuesday: Stephen Roach (Yale University), David Darst (Morgan Stanley)
  • Wednesday: Robert Nardelli (Former Chrysler and Home Depot chairman),
  • Thursday: Larry Fink (BlackRock chairman and CEO), John Rogers (Ariel Investments), Ian Shepherdson (Pantheon Macroeconomics)
  • Friday: Richard LeFrak (The LeFrak Organization), Scott Black (Delphi Management)

The Corny-Sappy Motivational Business-Based Inspirational Quote

"A man should never neglect his family for business."
—Walt Disney

*Joe's Jumble bonus word answer: ERGGAA = GARAGE
*Becky's Jumble bonus word answer: SSESBO = OBSESS