Economy

The Associated Press's Jennifer Loven is now the President of the White House Correspondents Association (picture at right is from the WHCA web site). Loven was the first person on President Obama's preselected list of those permitted to ask a question at his February prime-time press briefing. Whether she received this top placement because of her office, or because of her years of George Bush-…

The Minneapolis Star Tribune is often called the "Red Star" Tribune by residents of Minneapolis for its long-time, virulently left-wing outlook. Many has been the time when the editorial board of the Star Trib has carried water for political candidates shilling for big labor. The STrib endorsed Obama for president for his supposed fiscal responsibility as well as his focus on the working classes…

During the 3:00PM EST hour of MSNBC news coverage, anchor Norah O’Donnell discovered the source of sexism in the Middle East was not Islamic fundamentalism, but rather, capitalism: "And to another big story, is oil behind sexism in the Middle East? It's a provocative new theory out there today, suggesting the real culprit of the lower status of women in the Middle East is because of the region's…

Will wonders ever cease? First, a NBC network airs its Chicago Mercantile Exchange floor reporter making a call to action against all the populism that has inundated the political dialogue over the past six months. Now, the same reporter, Rick Santelli, has been invited by White House Press Secretary Robert Gibbs to the White House. On CNBC's "Street Signs" Feb. 20, Santelli told viewers he…

On Friday’s Newsroom program, CNN anchor Heidi Collins failed to mention ACORN’s role in sponsoring a rally against foreclosures in an Oakland, California neighborhood. During her brief, video clips from the protest clearly showed the presence of the group’s signs, name, and logo.Collins characterized the rally as “[a]nger over the foreclosure crisis pouring out into the streets of Oakland,…

Updated below: Lucasfilm rep says Lucas backs Obama's economic policy, tax hikes on rich.Noting that "the cornerstone of American capitalism is that you can make as much money as you want when you work for a company," filmmaker George Lucas told CNSNews.com*, adding that he thinks salary caps for corporate executives should be decided by corporate boards of directors, not politicians:I think it…

Rick Sentelli's rant for the ages (transcript here) on CNBC's Squawk Box yesterday criticizing the recently passed stimulus package and the Obama administration's mortgage modification program was marred somewhat by the studio hosts. Though their tone was semi-humorous, it's telling that their instincts were to characterize the traders present at the Chicago Mercantile Exchange as a "mob," and to…

Yesterday, The New York Times Company suspended its quarterly dividend. The company's stock slid 5% to close at $3.51, yet another all-time low in the company's nearly 23 years as a public company in its current form (the Times has been a public company since the 1960s).Henry Blodget at Silicon Valley Insider noted, even before yesterday's announcement and share-price dip, that the company's…

Before today, CNBC "Mad Money" host Jim Cramer was known for his outlandish statements and crazed antics that would land him in the public spotlight. However, Cramer got one-upped today by CNBC's Rick Santelli, calling for something like a "Chicago Tea Party" revolt against the redistributionism that is plaguing our federal government. Cramer, in his "Stop Trading" segment on CNBC's "Street…

Wow. Rick Santelli of CNBC (picture at right is from his bio page) let the elitists running what is turning into a planned economy in Washington have it today with a rant for the ages.The direct CNBC link is here, while a YouTube is here. Allah at Hot Air has an embed. What's really revolting about this is the studio reaction. While it's maybe half-kidding at times, the fact that strong…

It's been called "the rant heard around the world," after The Drudge Report linked to the video with a screaming red headline. However Rick Santelli may have given CNBC viewers a preview of what effects Obamanomics will have on the populace. On CNBC's "Squawk Box" Feb. 19, the Chicago Mercantile Exchange floor reporter, along with several traders, expressed his outrage about President Barack…

On Thursday’s CBS Early Show, co-host Harry Smith opened the show by declaring: "As President Obama heads on his first foreign trip, some state governors are saying 'thanks, but no thanks' to the stimulus money, even in these desperate times. We'll ask one of them why." Later, co-host Maggie Rodriguez interviewed Republican South Carolina Governor Mark Sanford and asked: "Even if it takes a while…

For the Chicago Tribune, Romney supporter turned Obama man Douglas Kmiec indulged in quite a litany of name-calling, finger pointing and demagoguery against the GOP that would have been amazing from the same man only one year ago. Hopefully questioning "The Death of the GOP," Kmiec has shown that he no longer cares much how he is viewed, going full Democrat Partisan at this point.In his Tribune…