In a rare case of balance, Wednesday’s CBS "Early Show" highlighted both sides in the debate over declaring the polar bear an endangered species due to global warming as correspondent Daniel Sieberg declared: "They're at the top of the food chain at the top of the world, but their future is at the center of a political tug-of-war over drilling for oil versus protecting their habitat."

Sieberg began his report with a dire prediction: "There are an estimated 20,000 - 25,000 polar bears in the Arctic region, but environmentalists warn that rising temperatures and disappearing sea ice will cause a 30 percent decline in their population over the next 50 years." He also played clips of liberal California Senator Barbara Boxer and John Kostyack from the National Wildlife Federation.

However, Sieberg also provided perspective from the Heritage Foundation:

What part of "free" in "free-market" does the Associated Press not understand?

The news wire's Glen Johnson is reporting today that Sen. John McCain (R-Ariz.) plans on unveiling a plan to combat global climate change "while adhering to free-market principles."

Johnson explains:

McCain's major solution is to implement a cap-and-trade program on carbon-fuel emissions, like a similar program in the Clean Air Act that was used to reduce sulfur dioxide emissions that triggered acid rain.

Industries would be given emission targets, and those coming in under their limit could sell their surplus polluting capacity to companies unable to meet their target.

A cap-and-trade programs would certainly be a market, but it would be an artificial one imposed on manufacturers by government fiat. The key word in free-market being of course, free.

It would be correct to call a voluntary cap-and-trade program created by industry groups outside the pressure of government regulation a "free-market" solution, but the component of force by government here only puts an Adam Smith happy face on a Karl Marx mandate.

On Sunday’s CBS "60 Minutes," Steve Kroft suggested that the American-based Chiquita Banana company was in league with Colombian terrorist groups after paying extortion money to such groups to protect its employees: "It made millions growing bananas there, only to emerge with its reputation splattered in blood, after acknowledging that it had paid nearly $2 million in protection money to a murderous paramilitary group that's killed or massacred thousands of people."

Kroft went on to portray the situation with Chiquita as only one example of a larger pattern of U.S. companies funding terrorism: "Now the Colombian government is talking about extraditing Chiquita executives to Colombia, and investigators in Bogota and on Capitol Hill are looking at other US companies that may have done the same thing."

Kroft later highlighted the murder of a 12-year-old boy by the paramilitary group that Chiquita made payments to: "...the paramilitaries arrived and murdered a 12-year-old boy whose only crime had been to announce their presence." Kroft also explained: "As the atrocities piled up all across the country, Chiquita continued to make the payments to the paramilitaries, viewing itself as a victim of the violence, not a facilitator."

If there were a Society of Global Warming Alarmists, Bill McKibben might get kicked out for being too much of a worry wart . . .

You've probably seen those phone-message forms with check boxes in ascending order of urgency from "FYI—no need to return call" all the way up to "the future of civilization hangs in the balance." We might see that last category as light-hearted exaggeration, but it's no laughing matter to McKibben. In his jeremiad in today's LA Times literally entitled "Civilization's last chance," McKibben solemnly declares that "the world looks a little terminal right now" and "it isn't morning in America, it's dusk on planet Earth." OK. Just so long as it's nothing serious.

McKibben's lament is based in important part on a paper that James Hansen and several co-authors have submitted to Science magazine which concludes that "if humanity wishes to preserve a planet similar to that on which civilization developed and to which life on Earth is adapted, paleoclimate evidence and ongoing climate change suggest that CO2 will need to be reduced from its current 385 ppm to at most 350 ppm."

The risks and benefits of so-called payday lending are certainly worthwhile of media coverage, and genuine instances of fraud or exploitation are and should be fodder for criticism in the print media. But it helps when your highlighted victim actually has good credit to start with and/or isn't consistently turning to Internet loans to supplement income.

No matter to Chicago Tribune's Stephen Franklin who presents readers of the May 11 Chicago Tribune with the tale of woe of one Rochelle Parker.

Parker, we're informed in Franklin's lead paragraph, only wanted to borrow $300 for Christmas gifts and medicine, so she took out an online loan only to get slammed with 842 percent interest.

Yet in the very next paragraph, we learn this is hardly Ms. Parker's first experience with online loans, and certainly not with abusing credit as a supplement to income:

In the past several months, NewsBusters has seriously questioned the reporting of the Associated Press's Jeannine Aversa given her proclivity to misrepresent economic data.

On Saturday, Aversa wrote an opinion piece that fully explained why she sees gloom and doom in every government statistic regardless of whether or not it's warranted.

Here's how Aversa began her analysis entitled "Good Economic News Something of a Mirage" (h/t NB reader R Anthony, emphasis added throughout):

It must be nice to be on Old Media's "free pass" list.

For years, Apple Computer has been on that list (disclosure: yours truly is a 23-year Mac user). Apple has been the cool, innovative tech darling, the noble foil of big, bad monopolist Microsoft.

Another free-pass beneficiary is Al Gore, who sits on Apple's Board of Directors.

Wait until you see what ClimateCounts.org thinks of Apple's record on "fighting global warming," especially in comparison to its industry peers (HT InfoWorld via Kevin at Pundit Review):

Gas prices got you down? Ride a horse, says MSNBC.

On a "MSNBC Live," report on "sky high gas prices" anchor Tamron Hall relayed the story of one man who is using a horse rather than a vehicle, but did not explain some important reasons why prices have soared.

"The high prices have led ... one Tennessee man to find a more fuel efficient way to get around town in Bradley County: The guy is riding a horse," Hall said on the May 9 broadcast. "It is cheaper to maintain a horse than it is to fill up a gas tank. He says that it costs $150 to $200 a month to ride and feed that pony."

Mother knows best?  Or journalist does?

ABC's "Nightline" seems to think so when it comes to nutrition advice. The May 8 broadcast featured health tips from a writer with no scientific background encouraging viewers to only eat food their mother would recognize.

Michael Pollan, a long-time opponent of "agribusiness" - the food industry - was featured in a segment on his new book, "In Defense of Food: And Eater's Manifesto." Pollan advocates a return to an all-organic diet and offers tips for healthy eating.

Pollan praised "the authority of mom" and lamented that "the holders of culture when it comes to food (mothers) have been undermined by both the scientists and the food marketers."

It's not unusual for journalists to attempt to distance themselves from the appearance of political ties, especially when trying not to be perceived as biased. But saying you do and actually doing are two separate things.

U.S. News & World Report Editor-in-Chief and chairman of Boston Properties (NYSE:BXP) Mort Zuckerman was asked about donating money to Democratic presidential hopeful Sen. Hillary Clinton's fading campaign by Huffington Post blogger and MSNBC "Morning Joe" regular John Ridley on the May 9 "Morning Joe."

"I wish I could make a contribution, but I'm in the world of journalism and I can't, but thank you for the offer," Zuckerman said.

How many times will The New York Times publish a disreputable reporter's work before it learns its lesson?

Perhaps the third time will be the charm. Alexei Barrionuevo has under come under fire for plagiarism on two separate occasions, but the Times printed a story March 27 ("Salmon Virus Indicts Chile's Fishing Methods") by Barrionuevo anyway, prompting a response from the salmon industry.

Barrionuevo quotes Adolfo Flores in his article, identifying him as Port Director of Castro, Chiloe Island. But in a letter to the Times May 2, Eric McErlain, writing on behalf of Salmon of the Americas Inc (an industry group), pointed out major problems with the report.

"In actuality, Mr. Flores is simply a security guard who works for a third party contractor," McErlain wrote. "I've enclosed an English translation of a letter from Patricio Cuello, the general manager of the Port of Puerto Montt, which administers Castro, confirming this."

Wal-Mart is right up there with "Big Oil" as a left-wing bogeyman, and the mainstream media are often on the side of liberal activists screaming "Boo!" as our friends at the Business & Media Institute can attest. But today's Chicago Tribune laid out how "[b]ig city politics trumps low prices" with a labor union victory over Wal-Mart's plans to erect a store within city limits.

The paper's Web site featured a teaser headline, "Why Wal-Mart's not building here," [pictured at right] complete with a photo of the still-vacant lot that's been the subject of debate for over two years.

The teaser headline links to staffer Sandra M. Jones's story, "A closeout for Wal-Mart: Giant retailer ends quest to open a store on the South Side."

Jones's report fingered negligence by political leaders and inflexibility by labor unions as the twin causes of the project's demise. From her May 8 story (emphasis mine):

How could job loss for 80 small-town residents be a "great story?" When it means the defeat of a "big box" "Goliath" said NBC.

On May 7, NBC "Nightly News" gleefully reported the closing of a Home Depot in Brattleboro, Vt. The closure is part of the company's plan to close 15 of its roughly 2,200 stores due to underperformance. NBC portrayed it as "David versus Goliath," and praised the little guys' victory over the big bad box store.

"Nightly News" anchor Brian Williams called it a "great story" and reporter Mike Taibbi called it, "in a man bites dog sort of way, an unlikely survivor story." (Maybe they're Jimmie Johnson fans?)

"It's not surprising that long-time residents, like John Morse back at the Ace [Hardware] store, collected thousands of petition signatures opposing Home Depot when it arrived four years ago and are cheering now because it's closing," Taibbi said.

It must be difficult every night for the media to find a fresh angle on the housing downturn. Perhaps the so-called "victim" angle is played out, so ABC's May 7 "Nightline" blamed the builders.

The broadcast featured Maricopa, Ariz., a community near Phoenix where one in 10 homes is for sale.

"While existing homes go begging for buyers, builders continued putting up new houses," said ABC correspondent Brian Rooney. "As many as one in 10 of the homes in Maricopa are for sale right now, as builders, banks, homeowners with mortgages they can't afford all compete to sell at lower prices."

The Associated Press's business writers just won't let go of their claim (or is it audacious hope?) that we are in a recession -- not heading towards one, but actually in one.

Despite yet another decent economic report, this one on productivity, the AP's Martin Crutsinger downplayed a significant beating of expectations, and continued to invoke the R-word (bolds are mine):

Worker productivity rose by a better-than-expected amount in the first three months of the year while labor cost pressures eased.

The Labor Department reported Wednesday that productivity, the amount of output per hour of work, increased at an annual rate of 2.2 percent in the first quarter. That was slightly higher than the 1.5 percent increase that had been expected.

Three things in life are certain: death, taxes, and media hype about gasoline prices. On television that third item often takes place not just in your usual standup at a gas station interviewing outraged motorists. In Web-based media, however, the still shot is worth 1,000 barrels.

We've noted how CNN.com has done it. Today, it's ABCNews.com with its front-page teaser headline "Oil: Another Day, Another Record."

The photo accompanying the AP story filed from Vienna -- yes, as in Austria -- by writer George Jahn depicts a gas marquee from an American gas station showing regular unleaded at $4.419-a-gallon. Here's how the caption for the AP photo by Marcio Jose Sanchez that accompanies Jahn's article reads (emphasis mine):

The network news broadcasts are to blame for the American people's widely held misconception that the U.S. economy is in a recession, according to Media Research Center founder and President L. Brent Bozell III.

"How in the world is it that 81 percent of the American people believe that we're in a recession?" Bozell asked on CNBC's "Kudlow and Company" May 2. "Maybe it's because the national networks this year, and we've counted it, have talked about a recession over 500 times."

Big bad oil company ExxonMobil is "on the defensive in the face of consumer ire and congressional indignation" as it raked in a "huge" first quarter profit, Washington Post's Steven Mufson informed readers of his front page May 2 article.

Mufson later noted that "[d]espite Exxon's colossal profit, the company's stock fell yesterday." Mufson blamed investors "shift[ing] gears" to turn to other stocks and pull out of commodities. Yet Mufson made no attempt to explore how "new congressional vows to come up with legislation" to tax oil company profits might play into investors being skittish about the company, a favored bogeyman of left-wing populist politicians in election years marked by high gasoline prices.

By contrast, the May 2 Financial Times took a less political, business-oriented look at ExxonMobil with a front-pager by Sheila McNulty and Carola Hoyos entitled, "Exxon oil production struggles for growth":