Banking/Finance

Friday, after the April vehicle sales figures rolled in, Associated Press reporters Kimberly S. Johnson and Dan Strumpf, in the opening sentence of a report carried at USA Today, showed that they finally noticed two things, one of which yours truly caught three months ago (NewsBusters; BizzyBlog), and the other which first became clear last month (NewsBusters; BizzyBlog). The former point is that…

UPDATE, May 2: ABC’s Political Punch reports that the administration is denying making threats. Uh-huh, Tom Lauria just made it up. My take: Horse manure.  _____________________________________________If the Bush White House had engaged in anything similar to what's being described here (actually, Hank Paulson did; the question is how much Bush knew), there would be calls for impeachment. Maybe…

"The liberal media deserve the Tammy Wynette Award for their coverage of Obama’s radical agenda, as they continue to devotedly stand by their man," quipped Media Research Center President and NewsBusters Publisher Brent Bozell in an April 27 statement.[see bottom of post for full press release] "For the pro-Obama liberal media, the Obama honeymoon is nowhere near over," Bozell argued, reacting to…

It's a response that might incite laughter, as it did from conservative pundit Monica Crowley and MSNBC paleocon talker Pat Buchanan. According to Newsweek's Eleanor Clift, the current problems facing the country and President Barack Obama are due to capitalism. Clift, appearing on the syndicated April 26 "The McLaughlin Group" gave Obama high marks for his first hundred days and said…

Separating personal feelings from straight-up journalism is something MSNBC anchors have had trouble with in the past, and David Shuster is no exception. During MSNBC's daytime news coverage on April 24, Shuster interviewed Bill Himpler of the American Financial Services Association. The discussion was nominally about the legislation sponsored by Sens. Chris Dodd (D-Conn.) and Chuck Schumer (D-N…

Instead of providing any suggestion President Barack Obama's hectoring of credit card company executives, with the not-so-subtle threat of further regulation, is an improper strong-arm tactic, the network evening newscasts on Thursday night hailed Obama's efforts to “protect consumers” -- in stories each complete with a sympathetic victim of jacked-up interest rates, but barely any time, if any,…

Ladies and Gentlemen, The Lamestream Media The media coverage of the more than 800 Taxed Enough Already (TEA) Party protests that took place in all fifty states on April 15 ranged from disdainful dismissal of their nature, significance and import, to outright hostility towards the events and individual participants, to sexual innuendo-based full-on ridicule…

Update at end: NBC5's Bob Sirott responds to this postPersuading Americans that Barack Obama is an effective president won't be easy.  So local news outlets are lending a hand when they can.  This was obvious last night on Chicago's NBC5 News at 10.  Anchor Bob Sirott reported:And now to a sign the president's economic stimulus is working.  Bank of American today announced a $2.8 billion profit…

It was either an effort to avoid blaming individuals for ill-advised borrowing or an effort to vilify the banking system, but a segment on the April 20 "CBS Evening News" took a very one-sided view of credit-card lending.  On a day bank stocks struggled and dragged the Dow Jones Industrial Average (DJIA) down nearly 300 points, "Evening News" scrutinized the current state of the banking system's…

Back in the fall, you would have thought from the media coverage of the TARP debate and its eventual passage that some sort of crime had been committed when the House didn't pass it the first time around. "CBS Evening News" anchor Katie Couric demanded to know from House Minority Leader John Boehner, "What in the world are you people doing?" on her Sept. 29 broadcast. However, there was a side…

Despite all the criticisms of the Fox News Channel broadcasted on MSNBC for promoting tea party coverage, one thing hasn't been pointed out - how the NBC networks, including CNBC and MSNBC are given a pass for their shameless promotion of their Green Week and Green is Universal network events. Jonah Goldberg, editor-at-large for National Review and author of "Liberal Fascism," appeared on Fox…

CNN's Susan Roesgen has had a rough week, what with all the ordinary American/First Amendment practitioners bashing she so passionately and obnoxiously delivered in her TEA Party reporting.Perhaps it was the sniping at the place she twice applied in 2005 - Rupert Murdoch's House of Ratings, otherwise known as Fox News - that put her over the edge.Or whether or not her email box was so overwhelmed…

CNN's Susan Roesgen, whose anti-TEA Party pseudo-reporting made her a legend in her own mind, and a biased Obama-flack hack in ours, is in the news on her own (de)merit again today.One peculiar line from one of her peculiar rant-filled reports was that the TEA Parties were being "anti-CNN" because they were "highly promoted by the right-wing conservative network Fox."Well it turns out she wasn'…

While Fox News has celebrated the Taxpayer Tea Party rallies and MSNBC has denigrated them, the impetus of the movement - CNBC and specifically Rick Santelli, its inspiration - had been conspicuously quiet about it. But on CNBC's "Squawk Box" April 15, co-host Joe Kernen asked Santelli what he thought of being a "cultural phenomenon." That was the same show Santelli famously called out President…