Economy

Acts of protest tend to be synonymous with the left and are usually considered unsurprising on the right. However, when conservatives demonstrate - liberals take notice in a big way.On Fox News Channel's April 7 "Your World," host Neil Cavuto reported that the Tax Day tea party protests on April 15 will be "infiltrated" by their political opponents and led by left-wing activist organizations. He…

BMI's Dan Gainor has the following column on Tax Day and Tea Parties up on the Fox Forum:When you want tea, you bring water to a boil. When you want genuine change, you do the same thing to the American public.Right now, that public is boiling mad and, with April 15 around the corner, the most important thing brewing is tax protest. For every state in the nation, this tea’s for you.Lucky for us,…

Liberal double standards ahoy! The New York Times news pages have virtually ignored the grass-roots "tea party" protests held in various towns across the country opposing Obama's big-spending and supporting free markets. The paper has run not a single story on a protest, even when one happened in the paper's own backyard of Ridgefield, Conn.By contrast, a much smaller "bus tour" protest organized…

Another sign that that the eco-movement is a victim of the economy: Condé Nast, the publisher of Vanity Fair has decided to kill its annual green issue, according to an article by Rachel Shields in the April 5 The Independent (UK). "Condé Nast, publisher of Vanity Fair, argues that the environment has become so integral to the news agenda that there is no longer a need for a dedicated issue,"…

Saturday's New York Times front-page story by Shaila Dewan from Columbia, S.C., was a hostile profile of the state's conservative Republican Gov. Mark Sanford, who has been unpopular on the Times news pages ever since he dared challenge Barack Obama's expensive spending ideas.Dewan mocked Sanford's "extreme" frugality (an odd thing to make fun of in these recessionary times) in "Rejecting Aid,…

She's been popping up in a lot of places lately to chime in on the economy.  This time Huffington Post editor-in-chief Arianna Huffington appeared on ABC's April 5 "This Week," where she voiced her disapproval of the March 30 decision by the Financial Accounting Standards Board (FASB) relaxing mark-to-market accounting rules. "This week, we saw so many concessions to the banks," Huffington…

In a q and a with George Stephanopoulos on Saturday's World News, ABC anchor David Muir decided to sum up President Barack Obama's week in Europe by displaying a picture of jovial Italian Prime Minister Silvio Berlusconi and Russian President Dmitry Medvedev arm-in-arm with President Barack Obama during the G-20 group photo session, an image Muir contended showed how “other heads of state are…

Although CNBC "Mad Money" host Jim Cramer has backed off his hyperbolic attacks on President Barack Obama ever since his "Daily Show" appearance, he's shown that he's not afraid to take on the Democratic-controlled Congress. So, to give credit where credit is due, the "Mad Money" host dedicated an entire segment to the Employee Free Choice Act, aka card check and how its passage by Congress…

No one can accuse News Corp. CEO Rupert Murdoch of being an economic cheerleader, despite his net worth of $4 billion according to Forbes magazine. In an interview with Fox News Channel and Fox Business Network anchor Neil Cavuto on April 2, Murdoch was not hopeful the financial markets would recover their value within the next 12 months. "Look, I'm not a market expert," Murdoch said. "I would…

Reacting with indignation to David Frum's assessment that President Barack Obama was a “failure” at the G-20 summit because European leaders “rebuffed” his quest to get them to follow his lead in enacting massive deficit spending, an aghast ABC News veteran Sam Donaldson sputtered that the change in “tone” from former President Bush was more important than substance: The last President we had…

For the second time in a week, CNBC's Rick Santelli faced down one of the standard-bearers of liberalism.First, he explained to Huffington Post editor and founder Arianna Huffington on the March 31 "Squawk Box" that markets are more efficient in correcting economic hardship, in the banking and housing sectors. On CNBC's April 3 "The Call," Santelli took on University of California at Berkeley…

Will There Be a Corresponding Media Call to Pitchforks?Please don't halt respiratory activity in the waiting. Freddie Mac and Fannie Mae are two public-private partnerships known as Government Sponsored Entities (GSEs).  Wherein the executive staff, populated with woefully unqualified, egregiously overpaid political crony appointees, get to play housing market roulette with the House's (read: OUR…

It came and went - and some might not have even noticed it - despite the seriousness of its use. On April 2, CNBC's Jim Cramer proclaimed the Depression over. Throughout that day, the "Mad Money" host told viewers of MSNBC's "Morning Joe," CNBC's "Street Signs" and finally on his own program that the Depression was over and that we were on the verge of a bull run for the financial markets. "We…