Ingraham to Renegade Sen. Specter: 'Is It Nice to Be Wined and Dined a
February 9th, 2009 7:51 PM
It's a question we've all been waiting to hear answered. Unfortunately, it took a conservative talk radio host to ask it and didn't come from the mainstream media. In an interview with Republican Sen. Arlen Specter, Pa., on Feb. 9, talk show host Laura Ingraham asked why he and Sens. Olympia Snowe and Susan Collins are the only three out of 229 Republican members of Congress to support the…
Economic Risks of Capitalism Derangement Syndrome
February 9th, 2009 9:58 AM
With the turndown in the economy and the crisis in the financial services industry, capitalism bashing has become all the rage at mainstream media outlets.From making fun of corporate jets to lambasting executive pay, liberal press members are creating a cottage industry blaming all the world's problems on the free market.Unfortunately, there are economic consequences for this "Capitalism…
MSNBC Host to Senator on 'No' Vote: Will You Take Blame When People Ha
February 6th, 2009 5:19 PM
Say goodbye to hope and change. It's time to embrace the politics of doom and gloom. MSNBC host Contessa Brewer, in an interview that seemed a lot like a lobbying campaign for the stimulus set for a vote in the U.S. Senate, quizzed Sen. John Barrasso, R-Wyo., about the possibility that his vote against a stimulus bill could send the country spiraling into a Depression - and endanger the public's…
Not This Again: Pimco's Gross Calls for Trillions to Be Spent to Avoid
February 6th, 2009 2:20 PM
He might be on the Forbes list of billionaires with a net worth of $1.3 billion and he may appear frequently in the financial media, but Pimco's Bill Gross doesn't have a grasp of how much "trillions" are. Gross recently called for a massive government intervention or face certain catastrophe. "This economy requires support from the government, a check from the government in some form or…
Newest Economic Indicator: Comic Strip Character Dilbert Gets Fired
February 3rd, 2009 11:05 AM
Your newspaper's comic page isn't even immune to the news of economic hardship the country is experiencing - iconic cartoon character Dilbert was let go from his job. Dilbert creator Scott Adams appeared on the Feb. 2 "CNBC Reports" to explain why. "Well, you know his company was slowing down just like everybody else's company has been slowing down and he didn't have much to do, so he started…
HuffPo Blogger Cheap Shots CNBC's Burnett for Not Toeing Populist Line
February 2nd, 2009 6:31 PM
Don't like the notion of Wall Street employees receiving bonuses? Shoot the messenger - as Adam Green at The Huffington Post has done. In a Feb. 2 post on The Huffington Post, Green said it was bad form for CNBC "Street Signs" host Erin Burnett to even think about considering the other side of the anti-Wall Street bonus argument, since some Wall Street banks received TARP funds, courtesy of the…
Cramer on Obama's Anti-Wall Street Comments: 'We Heard Lenin
February 2nd, 2009 4:09 PM
With all the populist sentiment generated from the economic slowdown by politicians, CNBC "Mad Money" host Jim Cramer is seeing eerie similarities with the comments of President Barack Obama and the words of a communist revolutionary. Cramer, appearing on MSNBC's Feb. 2 "Morning Joe," drew comparisons between remarks between the first head of the Soviet Union, Vladimir Lenin, and Obama. Obama…
CNBC's Erin Burnett's Revelation: Snuggie Sales Prove TV isn't Dead
January 29th, 2009 12:12 PM
Who would have thought a blanket with sleeves, available in a variety of pastel colors, could serve as an economic indicator? While several sectors of industry are seeking bailout money in some form or another, the Snuggie, an oversized fleece blanket with sleeves featured in cable television ads, is one of the good-news business stories of 2009. According to an article in the Jan. 27 USA Today…
CNN: Ladies Nag Obama about Lack of Women’s Jobs
January 26th, 2009 1:53 PM
Kyra Phillips of ‘Newsroom’ and Christine Romans discuss ‘discouraging’ lack of women in Obama’s cabinet, job package that ‘favors’ men. Liberal feminists claim that President Obama’s administration will not have enough female representation and that the job creation part of his stimulus plan will favor men. But on CNN’s Newsroom, lack of the feminist perspective certainly wasn’t an issue Jan. 23…
Cramer on Geithner's Tax Troubles: 'If it was Cramer, I Would Be Prose
January 22nd, 2009 8:31 PM
Like him or not, this time he has a valid point. CNBC rabble-rouser and "Mad Money" host Jim Cramer questioned the merits of Timothy Geithner, President Barack Obama's Treasury Secretary-designate, and told viewers on CNBC's Jan. 22 "Street Signs" that, had he been in Geithner's shoes, he'd face criminal prosecution. "I happen to have a meeting with my lawyers just to discuss this - with my…
CNBC Anchor: Studio Cheers after Obama Makes 'Openness' Announcement
January 21st, 2009 4:04 PM
After nearly two years of favorable treatment from seemingly every corner of the media since he announced his candidacy for the presidency in 2006, Obama is still finding ways to delight his biggest fans. On his first day on the job, Obama announced "a new standard of openness" at a swearing in ceremony for senior members of his administration. According to CNBC's Michelle Caruso-Cabrera, that…
AP Geithner Hearing Report: No Mention of IMF 'Reimbursements' for Tax
January 21st, 2009 2:24 PM
The Associated Press's 1:12 p.m. coverage (saved here, as the dynamic link changed during the drafting of this post) of the Senate Finance Committee's hearing on Barack Obama's nomination of Timothy Giethner as Treasury Secretary has plenty of discussion of Geithner's tax "mistakes" (the picture, but not its heading, is from a November 21 New York Times article). But as has been the case with…
'Bush Hurt Mine Safety' Meme Won't Yield to Facts
January 20th, 2009 12:21 PM
2008 was the safest year ever to be an American miner. The combined number of fatalities from all forms of mining was the lowest ever. 2007 (latest information available) also shows the lowest "all-injury" rate for miners on record by far. Yet Ken Ward Jr.'s early-January contribution at the Charleston (WV) Gazette to the spate of final-month Bush-bashing pretended that this data doesn't exist.…
Dobbs vs. Kudlow: CNN Host Trashes Rival's Presence at Obama Dinner
January 15th, 2009 11:27 AM
"CNBC Reports" host Larry Kudlow believes free-market capitalism is the best path to prosperity. Too bad CNN "Lou Dobbs Tonight" host Lou Dobbs doesn't. Dobbs attacked Kudlow during the Jan. 14 broadcast of "Lou Dobbs Tonight" for commenting on a dinner meeting of conservative pundits at the home of Washington Post columnist George Will on Jan. 13. Kudlow was not included in person or by phone…