Brexit Rumor Leads to Repeated Journalistic Errors

Business
June 24th, 2016 5:01 PM
Who needs a crisis when you can invent one? BBC fanned Brexit fears this morning when it falsely reported that, according to “sources within Morgan Stanley,” the giant bank would be shipping 2,000 jobs to the EU in response to yesterday’s UK vote to leave the EU. Bloomberg Business Journalists Twitter list could boast that at least 12 of its journalists helped to spread this inaccurate BBC story…

Soros Set to Make Out 'Like a Bandit' From Brexit

Business
June 24th, 2016 4:08 PM
In a vote heard ‘round the world, Britain chose to declare its own sovereignty and leave the European Union. Prior to the vote, liberal billionaire George Soros spoke out against Britain leaving the EU, but MarketWatch reported on Friday that the his recent investments have been based on “wagers that stocks will tumble.” That was the likely short-term aftermath of Brexit (CNBC’s Rick Santelli …

Journos' Brexit Freak Out: Britain ‘Beyond Repair,’ Blame Xenophobia

Business
June 24th, 2016 2:11 PM
The UK’s surprising decision to exit the European Union brought out typical sneering from journalists, as well as warnings that the decision would bring doom and gloom to the country. Business Insider Finance Editor Lianna Brinded warned Britain was “beyond repair,” and the worst was “yet to come.” 
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After Brexit, CNBC's Rick Santelli Cheers ‘Tea Time in London’

Business
June 24th, 2016 12:33 PM
Shocking the whole world, the British people voted on June 23, to leave the European Union — a move nicknamed Brexit. Unexpectedly, the Leave voters won 52 to 48 percent. Although there was much anger at the decision, there were also plenty of voices cheering on the British on June 24. That chorus included CNBC On Air Editor Rick Santelli who acknowledged there would be economic ramifications,…
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NPR ‘Morning Edition’ Airs Three Anti-Brexit Stories Day Before Vote

Business
June 23rd, 2016 11:48 AM
Just before the UK’s vote regarding whether it should remain in the European Union (EU), National Public Radio aired three stories on Brexit on one program. All the stories were biased against leaving the EU.

Beckham, Cumberbatch, Stewart and More Celebs Fight Brexit

Business
June 22nd, 2016 2:31 PM
Hundreds of British actors and celebrities are clamoring for Great Britain to remain part of the European Union when the nation votes this week. That’s in direct opposition to the view of many conservatives on both sides of the pond. Either result could have major economic consequences. UK citizens will vote June 23 on the contentious “Brexit” referendum. Putting their high-profiles to use, 282…

HuffPo Says Trump Supporters Need ‘Straitjackets’ in GOP ‘Obituary’

Business
June 20th, 2016 1:07 PM
According to Huffington Post, the Grand Old Party will become the Dead Old Party at the 2016 Republican convention in Cleveland. Cause of death? Support for presumptive nominee Donald Trump.

Two of the Three Networks Ignore Fed Decision on Interest Rates

Business
June 16th, 2016 5:07 PM
The Federal Reserve announced it wouldn’t raise interest rates, in part due to a poor May jobs report and economic “headwinds.” Two out of the three broadcast networks ignored the decision.
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CNBC’s Kernen Upset by Fed Decision Not to Raise Rate

Business
June 16th, 2016 1:46 PM
Following the Labor Department’s disappointing report that only 38,000 jobs were added in May, the Federal Reserve decided on June 15, 2016, they would not raise interest rates. CNBC Squawk Box co-anchor Joe Kernen reacted to the Fed’s decision the following morning. He criticized them for only raising interest rates once in the past nine years.

Lib Richard Dreyfuss Blasts ABC Over Madoff Miniseries He Starred In

Business
June 16th, 2016 9:42 AM
Award-winning actor Richard Dreyfuss lashed out at ABC over its miniseries about fraudster Bernie Madoff. He specifically complained about the network’s refusal to name banks in Madoff. “They were afraid [the banks] would sue,” Dreyfuss told The Hollywood Reporter’s Stephen Galloway.

NYT Columnist Complains About Clinton Plan to Tax ‘Only $1.1 Trillion’

Business
June 15th, 2016 4:46 PM
For one New York Times columnist, democratic presidential candidate Hillary Clinton hasn’t been revolutionary enough in her economic policies. Times columnist Eduardo Porter complained that Clinton’s economic plan, which included “only $1.1 trillion” in new tax hikes and $275 million in infrastructure spending, was just a “careful collection of tweaks and prods.”

95 Percent of Time Networks Ignore Job Losses, Bankruptcies in Coal

Business
June 14th, 2016 11:07 AM
President Obama threatened to bankrupt the coal industry before he was elected. Presumptive Democratic nominee Hillary Clinton recently told coal miners she would put a lot of them “out of business.” Both statements were clear as crystal. The left wants to eliminate the coal industry. But the network news media have done their best to conceal the issue by ignoring the Obama administration’s role…

Clinton Foundation Takes $25.5M from Nations that Kill, Imprison Gays

Business
June 14th, 2016 9:52 AM
After the terrorist attack at an Orlando nightclub early Sunday morning, Democratic presumptive nominee Hillary Clinton claimed she was an ally to the LGBT community. But donations to the Clinton Foundation show the Clintons are willing to overlook LGBT abuse when there’s money on the line.

NRDC Co-Founder Fights Eco-Friendly Community Near His Home

Business
June 10th, 2016 3:55 PM
The media often cite the Natural Resources Defense Council when covering environmental issues, but one of the group’s founders appears opposed to going “green”’ when it’s near his own back yard. James Gustave “Gus” Speth recently expressed vehement opposition to a plan to build 20 self-sustaining, eco-friendly communities in Vermont. In 1970, he co-founded the NRDC, and is still listed as an…