Nebraska

Warren Buffett, the second richest man in the world and CEO of Berkshire Hathaway (NYSE:BRK.A), doesn't have much faith in the future of print media.

In an interview on CNBC's Nov. 3 "Squawk Box," following the announcement of his purchase of Burlington Northern (NYSE:BNI), Buffett was asked to comment on the future of news media, in particular newspapers and business news by "Squawk Box" co-host Becky Quick. Buffett is optimistic on the future of business news.

"Our system has just gotten started," Buffett said. "I mean, we've had a couple of hundred years of progress, but we have not exhausted our potential in this country. America's about business and business in America, you know have gone to greatness hand and hand. So, you do not need to worry about CNBC 10 or 20 or 30 years from now. Business will always be important to the American public."

The public is forever complaining about how the media are obsessed with bad news and rarely look for the good in what's going on, but sometimes doing so becomes just a little ridiculous. Such is the case with an Omaha, Nebraska TV station which managed to find some good news about higher gas prices: fewer people dying from auto accidents.

I suppose that we should be cheering gas to go to $15.00 a gallon then? After all, if it saves just one life...

Hat tip: Cureboy675

If the producers of "Good Morning America" need something to be thankful for this holiday season, one might suggest their ability to create downbeat economic news to report to fill in gaps in their daily programming.

See video here.

"[O]ne of the last parts of our travel survival guide, our Thanksgiving survival guide, of course, is the rising cost of the Thanksgiving dinner," "GMA" host Diane Sawyer said on the November 20 "GMA.". "As we said, the average price of a Thanksgiving dinner is up 11 percent from last year. So are there some ways to stretch the dollars and have no one know."

Also included in the segment was a story meant to tug at your heartstrings - a grandmother being forced to cut corners to make enough for her family's Thanksgiving feast.

Persistent Bush critic and recurring Sunday morning talk show fixture Chuck Hagel (R-Neb.) is announcing his retirement from the U.S. Senate. Reporting the story in the Sunday paper, the Washington Post's Jonathan Weisman and Chris Cillizza described the Iraq war critic as a "mainstream conservative who raised his profile nationally through his fierce opposition to President Bush's Iraq policies."

While it is true that Hagel has a respectable 85.2 (out of a possible 100) lifetime score from the American Conservative Union, the Associated Press's Anna Jo Bratton more colorfully described the senator as "a thorn in his party's side when it comes to Iraq." The characterization is apt but perhaps a bit charitable given the retiring politician's suggestion that President Bush could be impeached over the war.

While both the Bratton and Post accounts focused on Hagel's retirement as another obstacle in the uphill battle for control of the Senate in 2008, neither article mentioned that Hagel made an oblique reference in March to the potential to impeach President George W. Bush over the Iraq war:

On Friday’s "Good Morning America," reporter David Wright sought out a socialist, a liberal activist and a Democrat to bash President Bush for failing, thus far, to visit Vermont during his two terms in office. However, he didn’t discuss how President Clinton similarly neglected Nebraska for nearly eight years. Following up on a CNN report about Bush’s "snub," co-host Robin Roberts began the segment by asking why the Commander in Chief was giving the state a "cold shoulder." An ABC graphic continued the complaining, it read, "Vermont Feeling Left Out: Why Won’t The President Visit?

While Wright found time to note that the northern state is "eco-smart and gay-friendly," he managed to ignore the fact that Bill Clinton didn’t visit Nebraska until a little over a month before his term ended. (In its report, CNN did mention this point.) The ABC correspondent spent much of his segment discussing Bush’s absence with Vermont Senators Bernie Sanders and Patrick Leahy, one a Democrat, the other a self-described socialist, and also Ben Cohen, a liberal activist and founder of Ben & Jerry’s Ice Cream.

The MSNBC report about 144 journalists donating to leftwing causes 9 to 1 over conservative causes has resulted in news staffers being let go, including a reporter and a cartoonist.

KTPM Omaha fired reporter Calvert Collins, who had posted her photo with a congressional candidate on her Facebook page with the caption, "Vote for him Tuesday, November 7!"

"In a way, I'm glad this happened to me at age 23, and not 33," Collins said, "and I will learn from it."

Being fired is probably not the lesson she expected to learn.

Freelance editorial cartoonist Paul Fell will no longer be drawing cartoons for the Lincoln, Nebraska "Journal Star" due in large part to snide comments he made when it was disclosed that he had donated $450 to Maxine Moul, a Democrat candidate for Congress. Editor Kathleen Rutledge wrote,