Economy

The winter in Alaska has been a particularly harsh one this year. The early winter piled on top of economic hard times has caused some troubles for native people and those that live in remote areas in Alaska. But this is not a new tale of woe, it IS Alaska, after all. While nothing to entirely dismiss, one wonders, why CNN suddenly found this story so compelling? Could it be that they want to…

Some quick takes on the very brief presidential press conference wrap-ups on ABC, CBS and NBC before each returned to entertainment shows a bit after 9 PM EST: - ABC anchor Charles Gibson lauded how President Obama treated “each question almost as a teaching moment with long and expansive answers.” - CBS anchor Katie Couric cited how Obama talked “about 'ideological blockage'” against the “…

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…

"I think it's a weaker deal than he thinks," MRC's Rich Noyes told Fox Business Network's Brian Sullivan, referring to President Obama's hopes for passage of the stimulus package. Noyes appeared on Fox Business Network's "Cavuto on Business" program shortly after 6:30 p.m. EST to discuss President Obama's campaigning for his stimulus package.While Obama campaigned on the vague notion of "change…

During the opening of Friday’s CBS Evening News, anchor Katie Couric teased upcoming coverage of the so-called "stimulus" bill being debated in Congress: "Tonight, 13 jobs a minute disappearing...Senate moderates race to trim the stimulus package to a passable size." An image of a ticking clock appeared on screen as Couric spoke. A clip was also played of Barack Obama exclaiming: "These numbers…

Matt Lauer invited on two Senate supporters and no opponents of Barack Obama's stimulus bill, on Monday's "Today" show and asked pro-stimulus bill questions to his guests, even chiding those who opposed it, when he asked Republican Senator Susan Collins about two of her GOP colleagues who are against it: "So what do you get that those two are not getting?" Lauer, also depicted a gloomy picture…

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…

ABC's George Stephanopoulos was puzzled on Sunday's This Week when new Republican National Committee Chairman Michael Steele saw a difference between government-created temporary “make work” jobs and jobs created by the private sector: “I guess I don't really understand that distinction.” When Steele charged that “what this administration is talking about is making work,” Stephanopoulos…

Former Sen. Tom Daschle might have been forced to withdraw his name as President Obama's Health and Human Services secretary last week, but his tax problems were far less egregious than Timothy Geithner's, the man just confirmed as the Secretary of the Treasury.In fact, according to Pulitzer Prize winning Vanity Fair contributing editors James Steele and Donald Barlett, Geithner's offenses were…

As the financial crisis hit last September, NewsBusters regularly informed readers of the truth behind the matter, and that media assertions the Bush administration was to blame were politically motivated falsehoods intentionally designed to get Barack Obama elected president.On Saturday, the financial publication Barron's offered readers an editorial by Hoover Institution visiting fellow Scott S…

While the Obama administration and its media minions castigate financial industry executives for their so-called greedy ways, a couple of inconvenient truths are going largely un- or under-reported: one bank being criticized for a lavish convention in Las Vegas was forced to take TARP money in October, while another is trying to pay back the funds to regain its autonomy.As the press had a field…

Who cares if we're like Bill Murray in Groundhog Day, careening in his pickup toward the brink of the rock quarry?  At least we're moving fast!That seemed to be Claire Shipman's logic in urging speed in the implementation of the stimulus plan. The ABC correspondent made her curious comment today during the roundtable segment of This Week.CLAIRE SHIPMAN: Don't you think that, I mean as George […

Newsweek's Jon Meacham and Evan Thomas are tired of all this talk of socialism. We need to stop talking about yesterday's news, they say, and embrace the great new fact that America is already a socialist country. They chortle that America is just like France. Meacham and Thomas chide Sean Hannity for using socialism as a dirty word because it "seems strangely beside the point." The pair is…