Bailouts

Is it okay to call them socialists yet? (/sarc)And to think we were "only" worried about having a known Tax Cheat overseeing everyone's taxes.With Barney Frank's help, Treasury Secretary Tim Geithner is trying to expand his power (and by inference that of his Dear Leader boss) well beyond that. The "Pay for Performance Act," which has already gotten out of committee, would give him veto power…

Fox News Channel host Glenn Beck has already shown he's a rating success and is leaving a mark in cable news. However, he may have pulled one of his most successful performances yet. Beck interviewed Connecticut Attorney General Richard Blumenthal on his March 30 broadcast. But, the radio and TV host took the opportunity to tell Blumenthal what he thought of his investigation into the bonuses…

While reporting on President Obama forcing General Motors CEO Richard Wagoner to resign, on Monday’s CBS Early Show, co-host Harry Smith happily declared: "It's the end of the road for GM's CEO, Rick Wagoner, ousted by President Obama as the White House demands more from the U.S. auto industry...we saw Bob Schieffer's interview with Barack Obama Sunday Morning and he said we need more from the…

Did you feel the earth shake under your feet in the past couple of hours?It's because GM CEO Rick Wagoner has resigned...at the request of President Barack Obama.As reported moments ago by Politico (h/t NBer AgentAmerican):

A prominent CNBC personality that had been outspoken about the media's role in the current financial crisis, himself included, has reportedly left CNBC. A spokesman for CNBC told NewsBusters Dylan Ratigan, the co-creator of one of the network's most popular shows, "Fast Money," is leaving the network effective March 27. "Dylan told us that he is leaving CNBC effective today," CNBC spokesman…

Rep. Barney Frank (D-Mass.) chats with Treasury Secretary Tim Geithner before a hearing on AIG chaired by Frank on March 24, 2009.

It is one thing - as Rush Limbaugh has been vilified for - to say you have a desire for the president to fail, but what about accusing the president of wanting his own policies to fail? That's what Fox News Channel's Dick Morris said on the March 25 broadcast of "Your World with Neil Cavuto." According to Morris, those who are criticizing Obama for his spending, including Daniel Hannan, who…

There is a somewhat amusing article on CNN.com right now. It's not amusing for its wit but for the fact that CNN and Senior White House Correspondent Ed Henry think they need to explain away the "tough exchange" that Henry and Obama engaged in during Tuesday's press conference. Also amusing is the fact that Henry seems to be apologizing to The One for simply doing his job. Finally, it's amusing…

On Wednesday’s Countdown show, the duo of MSNBC host Keith Olbermann and new CNBC contributor Howard Dean delivered a gem of both double standard and apparent amnesia as both generalized about the inappropriateness of calling any President a "fascist." As Dean was interviewed by Olbermann, who famously called President Bush a "fascist" in a "Special Comment" rant last year which was even picked…

Has the federal government exceeded, or is it on the verge of exceeding its constitutional authority with the recent series of events connected to rescuing an ailing banking system? Although Rep. Michele Bachmann, R-Minn., was ridiculed for raising that question in a congressional hearing on March 24, conservative talk show host, constitutional lawyer and legal commentator Mark Levin, told Fox…

Talk about unintended consequences. All this populist anger ginned up by congressional Democrats, the media and the Obama administration is going to hinder the Treasury Department's strategy to rescue the banking system. Paul Krugman, the liberal New York Times columnist and winner of the 2008 Nobel Prize in economics explained to Bloomberg News on March 24 that this is just what is happening…

I said earlier this year (at NewsBusters; at BizzyBlog) that there was reason to believe that 2009 might be the year of the newspaper bailout. Now one of Maryland's two Democratic US senators thinks he has come up with a way to subsidize and save them -- while simultaneously turning them into house organs for his party. Ben Cardin (picture at right is from his Senate web site) has introduced "The…

It's the latest ailment of the left - CNBC derangement syndrome. Since CNBC's Rick Santelli and Jim Cramer took an outspoken stance on the shortcomings of the Obama administration, left-wing storefronts have been popping up all over the place wanting to capitalize on the network after it took a vicious attack from Comedy Central "The Daily Show" host Jon Stewart. After CNBC "Squawk on the…