Bailouts

To the extent the MSM has been willing to report on the disadvantage under which the Big Three automakers operate compared to their non-union competitors, the focus has been on the huge wage differential. On this evening's Fox News Watch, conservative columnist Jim Pinkerton highlighted another issue which has gone largely unreported in the liberal media: the onerous union work rules that add…

Though there's not a ruble's worth of difference between their politics, I normally find Rachel Maddow a kinder, gentler, smarter version of Keith Olbermann.  Not tonight.  Granted, the Countdown host was on hiatus.  But even if Olby had been around, he would have been hard-pressed to outdo Maddow for sheer silliness.The preposterous proposition Rachel propounded?  Republicans just don't want…

Let's hope we haven't seen the last of economist Peter Morici on CBS.  The University of Maryland business professor, appearing on the Early Show this morning, put the blame for the failure of Big Three bailout squarely on the shoulders of the UAW for its refusal to accept pay cuts putting its members on par with non-union workers at US plants owned by foreign car manufacturers.  The Early Show…

If print is becoming journalism's dying backwater, Paul Krugman isn't showing it. In a Dec. 6 interview in Stockholm, Sweden, the Nobel Prize-winning New York Times columnist told the ironically named Adam Smith, editor-in-chief of Nobelprize.org, that he found himself more effective in his role at the Times lately He said he was more influential in shaping policy as a journalist than he would…

Liberal radio host Ed Schultz is fed up with denizens of mainstream media and their skepticism about yet another federal bailout, this one for Big Three automakers.Here's what Schultz said on his nationally syndicated show Dec. 3, prior to Democrats in Congress announcing a "rescue package" for Detroit --"Folks, why are you being such a hard ass on the Big Three? And I'm asking the question of…

Democrats, including president-elect Barack Obama and Senate Banking Committee Chairman Christopher Dodd, received more money in campaign contributions from Fannie Mae and Freddie Mac than any other members of Congress.You couldn't tell that from an Associated Press article published Sunday which completely blamed Republicans for the lack of regulation and oversight of Freddie Mac.In fact, when…

If you needed any more proof that liberal media members don't give a darn about the state of the economy or the American people, and instead just want to raise taxes, you got it Sunday when Tom Brokaw advocated gas prices, which have plummeted recently, be kept at $4 a gallon with government keeping the added cost. Coming just two days after it was announced that America lost over 500,000 jobs in…

Only a professor, preferably a sociology professor, one with way too much time on his hands, could have come up with this one.  His solution to the Detroit crisis that has the Big Three automakers on the brink of bye-bye?  Unionize their foreign competitors manufacturing in the USA!Now why didn't we think of that?  Because we're not Jonathan Cutler, associate professor of sociology at Wesleyan…

Always irreverent, Tucker Carlson seems freer than ever to aim a few jabs at his network and the people that work there.  On today's Morning Joe, Tucker landed a one-two punch. With all the talk focusing on Detroit, Carlson let the cat out of the bag that NBC is implementing layoffs of its own.  Tucker played off that news, tweaking Chris Matthews along the way, by announcing that he too was…

"Talk about too big to fail," said managing editor of Time Richard Stengel on MSNBC's "Morning Joe" Dec. 4, who was on the program promoting the latest cover story for the magazine entitled, "The Case for Saving Detroit." Stengel: "I find the fact that so many Americans are unsympathetic to Detroit to be kind of amazing," Stengel said: We make the case that in fact the, you know, the Big…

On Thursday's "Morning Joe," after being told that a critique of his on the auto industry bailout sounded very similar to one made by liberal filmmaker Michael Moore, MSNBC political director Chuck Todd told co-host Willie Geist that he dreaded what the people at NewsBusters would say: "By the way, I can't wait 'til our friends at NewsBusters, you know, compare, compare me to Michael Moore. I…

Just give us the money and nobody gets hurt. That was the warning from the mayor of Lansing, Mich., on CBS's "The Early Show" Dec. 2. "You know this is a sure prescription to go from recession to depression if you allow this auto industry, our manufacturing prowess, to fall by the wayside," Virg Bernero warned: This industry is too important, not just to Lansing, Mich., but to the whole…