Economy

CNN's Campbell Brown isn't happy with what Rush Limbaugh said about her colleague Ali Velshi Friday, and has invited the conservative radio host to debate him on her program.As some background, Velshi was on Brown's "No Bias, No Bull" show Thursday and claimed: "This is not the economy that Ronald Reagan ever saw or anybody with the last name Bush ever saw, or Clinton. We have not seen anything…

Showing that Barack Obama is fighting for the common man, on Friday’s CBS Early Show correspondent Jeff Glor reported on the President’s reaction to big bonuses on Wall Street: "For a man who prides himself on being cool, this was a rare flash of anger, if planned. A tongue-lashing directly from the Oval Office, which is indicating now they will look to change the rules if Wall Street doesn't…

House Speaker Nancy Pelosi (D-Calif.) at a press conference in support of the Democrats' stimulus proposal, January 28, 2009.   Photo AFP/Getty/Mark Wilson

Despite what the news media keep saying, capitalism and deregulation were not the causes of the financial meltdown. Instead, BB&T CEO John Allison pointed the finger at government creations like the Securities and Exchange Commission (SEC), Federal Deposit Insurance Corporation (FDIC) and Fannie Mae and Freddie Mac, the two government-sponsored enterprises that failed last year. Allison was…

Being an outspoken conservative in the media has proven dicey lately, as the Democrat-controlled Congress and White House are working toward seeing an $819 billion stimulus bill signed into law. According to Ann Coulter, there has been a double standard applied to those outspoken conservatives. Coulter appeared on the Fox News Channel's "America's Newsroom" on Jan. 30 to promote her new book, "…

The Gross Domestic Product declined by 3.8 percent in the final quarter of 2008.It was bad, but nowhere near as bad as expected.Is it possible that all the hysterical gloom and doom emanating from the media is way overdone, and that things are not close to as apocalyptic as we've been told the past five months?Consider the actual numbers reported Friday morning by MarketWatch:

[See update below] Appearing on a panel for Wednesday's edition of "Hannity," "Good Morning America" news anchor Chris Cuomo once again fretted about a lack of support for Barack Obama's massive new spending bill. After mentioning an earlier interview he conducted with House Minority Leader John Boener, Cuomo complained, "He [Boehner] said that he was impressed by President Obama, that they…

On Thursday, NewsBusters asked, "How Will Media Cover Rush Limbaugh's Bipartisan Stimulus Plan?"Moments later, we got our first clue as the conservative talk radio host was interviewed by CNBC's Erin Burnett and Mark Haines.UPDATE: Better functioning video now embedded; bonus "Fox & Friends" interview video also added at end of post.Most fascinating, Burnett, who has come across as left of…

While discussing Rush Limbaugh’s opposition to the Obama administration’s massive spending bill on Thursday’s CBS Early Show, co-host Maggie Rodriguez asked author Ann Coulter: "But don't you think that right now is not -- it behooves the Republicans to be a little bit more in the middle? I mean, what are -- they're not -- their voices aren't going to be heard anyway, as we saw with this economic…

What motivated Politico to take a two month-old story  about South Carolina GOP Senator Jim DeMint (picture at right is from that story) out of mothballs and put it out there right now? That question inevitably occurs to a careful reader of Manu Raju's "Republicans Chew on DeMint" story that appeared at the site Tuesday. It primarily covers the goings-on at a November 18 Republican Conference…

Conservative talk radio host Rush Limbaugh wrote an op-ed in Thursday's Wall Street Journal wherein he offered a bipartisan stimulus plan to get the economy going.As not one Republican voted for President Obama's economic package in the House Wednesday despite his campaign promises to usher in a new era of bipartisanship, given the media's focus on Limbaugh of late one would expect his now-…

Between Election 2008 and the early moments of the Obama administration, it was assumed a new New Deal was coming complete with massive infrastructure projects. But, now the stimulus package is so full of other things even some of the most unlikely news outlets have noticed. In an amazing moment of clarity, resembling the end of a Hardy Boys novel after Frank and Joe solved a mystery, CNBC "Mad…

Shortly after the House on Wednesday passed President Barack Obama's $825 billion “stimulus” package, ABC and CBS commiserated with Obama over his unsuccessful efforts to woo Republican votes. “Not one Republican voted for it,” ABC anchor Charles Gibson announced on World News with “Rescue Plan” as the on-screen heading, “turning a cold shoulder to the President's appeal for bipartisan support.”…

Wednesday’s Good Morning America led into an interview with House Republican Leader John Boehner about the massive Democratic “stimulus” package with a deluge of horror stories about the awful economy: an elderly man who froze to death after failing to pay his power bills; a new report declaring the need for $2 trillion in new infrastructure spending; and an unemployed man who killed his family…