Economy

Interviewing John McCain on Wednesday's CBS Evening News, Katie Couric informed him and viewers that, during an interview of Sarah Palin she conducted earlier in the day, Palin warned of a “Great Depression” if the bail out is not passed, leading Couric to scold Palin to McCain: “But isn't so much of this, Senator McCain, about consumer confidence and using rhetoric like the 'Great Depression,'…

Nationalization has its consequences. Just note the rhetoric coming from some prominent voices on the left. The government's foray into offering services normally provided by the private sector by bailing out aging mortgage giants gives it the power to implement "green" building requirements, according to New York Times columnist Thomas Friedman. He suggested Sept. 23 that any construction…

On Wednesday’s CBS Early Show, co-host Harry Smith talked to former Hillary Clinton campaign strategist Mark Penn and former Bush advisor Karen Hughes and asked about Sarah Palin’s effect on the presidential race: "Well, give us some perspective, Karen Hughes, first, on Sarah Palin, turned the world on its ear when her nomination was announced. It now seems, would you agree or disagree. Is it --…

On Tuesday’s CBS Early Show, co-host Harry Smith interviewed Hillary Clinton on the government’s financial bailout plan and quoted Democratic talking points: "Is there a sense of urgency? Dick Durbin went into the well of the Senate the other day and said ‘why does this feel like Iraq all over again? Why does there feel like there has to be a rush to get this done?’" Clinton replied: "Well,…

Coverage of the banking crisis is everywhere. Pundits and politicos claim the instability is threatening the financial markets and the overall economy. However, ABC's Sept. 22 "World News with Charles Gibson" used the crisis to take a swipe at the wealthy. "In just six months, five major investment banks have now vanished from the landscape, ending an era of aggressive deal making and…

Hillary Clinton, Queen of Soul? Barack Obama, All-American teenaged girl?  That's precisely the analogy that Joe Scarborough made this morning in trying to explain why many Hillary supporters haven't swung to Obama.  Hillary was a guest on today's Morning Joe, and the interview offered a number of other interesting tidbits:Hillary dodged the question of whether Bill was telling the truth when he…

On Sunday's edition of "This Week," journalist Cokie Roberts indicated that, in regards to John McCain's reaction to the ongoing financial problems on Wall Street, "...He's a Republican and whenever Republicans get into this kind of mess, everybody, even people who were not born or close to being born, the specter of Herbert Hoover comes out to, to haunt them." Roberts didn't clarify just who the…

Borrowing from the nickname for a federal earmark that would have built a multi-million dollar bridge for an Alaska town of 50 people, Newsweek's Mark Hosenball offers readers of the September 29 print magazine a look at "[Gov. Sarah] Palin's Pipeline to Nowhere." Hosenball suggests that Palin's $500-million "principal achievement" as governor "might never be built after all." But while the…

On Monday’s American Morning, CNN correspondent Jim Acosta tried to throw a bit of cold water on the news that tens of thousands showed up in central Florida for a Sarah Palin camapign rally on Sunday. When co-host John Roberts asked about the high turnout, Acosta replied, "[T]his was an enormous crowd out here in Florida. She is still very much on script, John -- still very much on that…

**Video Below Fold** A 2005 Video of Fannie Mae CEO Shown Affirming his Connection to Congressional Black Caucus and Barack Obama, Where is the Media? In a 2005 video Daniel Mudd, at the time the interim CEO of the catastrophically failed mortgage lender Fannie Mae, affirmed his fealty and that of Fannie Mae to the Congressional Black Caucus. The top three campaign donation recipients were…

Don't get me wrong. I don't mean to suggest Mike Barnicle's nearly as deep in the tank for Obama as Chris Matthews, for whom he subbed for on tonight's Hardball.  Mike's actually refreshingly down-the-middle compared to the regular host.Still, when at the very end of this evening's show Mike asked a question of Jill Zuckman, the Chicago Tribune reporter on the Palin beat, wondering [hoping?]…

It's come to this . . . Barack Obama became a candidate for president on the wings of his 2004 Dem convention keynote speech in which he famously said "there is not a Black America and a White America a Latino America and Asian America -- there’s the United States of America."  But as Rush Limbaugh has described in the Wall Street Journal today, Obama is now relying on deceptive ads for the…

Updated with correction below.CNN's Situation Room today featured a Wolf Blitzer interview with former Defense Secretary William Cohen. As a lead in to the interview, White House correspondent Elaine Quijano reported on President Bush's actions to quiet the country's financial jitters. She wrapped up:

At the top of Thursday’s CBS Early Show, co-host Julie Chen teased an upcoming segment on how the Wall Street financial crisis is affecting the presidential race: "Game-changer, as Wall Street falters, Barack Obama surges ahead in our latest CBS News poll." During the segment, correspondent Chip Reid declared: "...the new CBS News/New York Times poll suggests that momentum has switched back to…