Economy

Widows and orphans, beware: the Republicans are coming!That was the upshot of Chris Matthews's observation today about two Republican front-runners.View video here.Financial Times US Managing Editor Chrystia Freeland has become a "Hardball" regular of late. CHRYSTIA FREELAND: The other thing that people worry about is if someone forecloses on their home, and that's the issue we haven't really…

So, did you hear the United States was recently ranked by an independent, international economic think-tank as number one in global competitiveness? You didn't? Well, how could you, for according to LexisNexis, not one major American press outlet aside from Investor's Business Daily thought the announcement was important enough to share with the citizenry. I guess this would go too contrary…

Just in time for Thanksgiving, BMI Director Dan Gainor stopped by ‘Fox and Friends' to remind everyone that the economy is not as bad as people think, and that despite what the media said about your Thanksgiving dinner, it wasn't that bad. "If you look at the inflation-adjusted number, it [Thanksgiving dinner] is actually 9 percent cheaper over the last 20 years," Gainor said…

Was that Mike Huckabee on "Morning Joe" today -- or John Edwards? The former Arkansas governor found an odd way to refute charges he's not a true conservative, indulging in some class-warfare rhetoric that would have been the envy of the former North Carolina senator.Mika Brzezinski hit Huckabee with an excerpt from Bob Novak's column of today. Here are the opening paragraphs from Novak's False…

*****Critical update at end of post: Yahoo switched articles inside the link about to be discussed!Was there a directive at the Associated Press on Friday for business writers to do their darnedest to bash the economy? After publishing a truly disgraceful column Saturday practically predicting a depression as a result of the current credit crunch, the AP offered readers an article about the…

Hugo Chavez and Mahmound Ahmadinejad attended the OPEC summit, where they said the fall of the dollar is a sign that "the U.S. empire is coming down."

*****Update at end of post includes detailed response to unhappy e-mail messages concerning this subject.As someone that has done a lot of economic writing and financial media analysis, I'm used to gloom and doom from journalists. However, Saturday's Associated Press article concerning the credit crunch and how it's impacting the mortgage market could be the worst example of economic and…

For years one of the great unanswered questions along Main and Wall streets has been why, in the midst of 24 consecutive quarters of uninterrupted growth, polls have regularly found Americans sour about the economy. On Tuesday, a battle between the New York Times liberal economics columnist Paul Krugman and WOR radio's Steve Malzberg offered a clue. In fact, after 16 minutes of sparring on…

Don't you love it when you find out that leading political figures in America think just like you? Before you answer, consider a recent comment made by former House Majority Leader Tom DeLay about the New York Times "economic" columnist Paul Krugman.Due to language that might offend some, the actual quote comes after the break. However, let's just say that as reported by the Washington Examiner'…

Here's what a CNN e-mail I received said when the news was first released: Here's how the headline at the home page turned out mid-morning:

According to ABC anchor Diane Sawyer, a new Oklahoma law making it a felony for U.S. citizens to knowingly provide shelter or transportation to illegal immigrants goes "across the line," "too far," and turns people into "vigilantes." Interviewing Lou Dobbs, CNN host and noted opponent of illegal immigration, on Tuesday's edition of "Good Morning America," Sawyer appeared to be aghast at what she…

What is it with the MSM and their fetish with worrying so much about everyone but Americans? For the L.A.Times, for instance, even the weakness of our dollar is cause for worrying over how bad it is for... wait for it... foreign companies. While our dollar weakens and could perhaps bring us major economic trouble, the L.A.Times shows serious concern and laments that the soft currency crisis is…