Sky-High Gas Prices? Try 3,700 Percent Inflation
May 18th, 2007 1:57 PM
As gas prices are on a springtime upswing and the summer driving season is upon us, NewsBusters and the Media Research Center's Business & Media Institute have documented the media's persistent hype about gas prices.But if the media really want a story about an economy running on fumes, they need look no further than Zimbabwe, where socialistic thuggery has resulted in a starving nation…
WashPost Biz Page Runs Cartoon Pushing Gas Gouging Meme
May 13th, 2007 5:10 PM
A cartoon in the May 13 "Sunday Briefing" on page F2 of the Washington Post furthered a left-wing talking point against "Big Oil" that a comprehensive study by the Federal Trade Commission (FTC) debunked last year: that oil companies artificially manipulate gas prices by squeezing supply.A cartoon from the Newark Star-Ledger's Drew Sheneman depicts a man fueling his car asking a cigar-smoking "…
AP Reporter Miserably Covers Record Tax Receipts, Falling Deficit
May 13th, 2007 12:40 PM
Perhaps you read this week that in April, the US Treasury reported all-time-record tax collections of $383.6 billion.
If you did, you didn't read it in the dead-trees version of the New York Times. The Old Grey Lady did not deem Thursday afternoon's news "fit to print" on Friday (requires free registration), even choosing not to carry the related Associated Press report that is the main topic of…
Sawyer Frets Gas Will Continue to Climb, Stock Market Will Crash
May 8th, 2007 9:58 AM
With gasoline prices going up, Diane Sawyer worries they will continue to rise. With stock prices going up, the same Sawyer worries they will experience a crash of historic proportions.Sawyer's guest on Good Morning America today at 7:15 AM EDT was Mellody Hobson, a GMA financial contributor. Here's how Sawyer kicked things off.GMA CO-HOST DIANE SAWYER: Will runaway gas prices keep soaring,…
Supreme Global Warming Derangement: Having Large Families ‘Is an Eco
May 6th, 2007 9:04 PM
Global warming derangement syndrome has taken a disturbing turn for the worse, as The Sunday Times published an article May 6 stating that parents should only have two children in order to avert climate change. I kid you not.The piece, despicably titled “Having Large Families ‘is an Eco-crime,'” unbelievably began:HAVING large families should be frowned upon as an environmental misdemeanour in…
Sparse Coverage of CBO's Friday Deficit Report Ignores Record April Ta
May 6th, 2007 7:59 AM
On Friday, the Congressional Budget Office (CBO) spilled the beancounters' beans (PDF report is available at the link) in advance of this next Thursday's release of the Monthly Treasury Statement. The coverage of CBO's report has been very light.
Excuse me if I question CBO's timing.
But first, the news -- The report by Andrew Taylor of the Associated Press (HT Right Angle Blog) has all that's…
Media Virtually Ignores Dow's Best Bull Run in 80 Years
May 5th, 2007 8:24 AM
Did the Dow’s ‘Bull Run’ Milestone Get to Your Paper’s Front Page Today?Front page? Heck, the overwhelming odds are that it didn't get mentioned anywhere. It should have been.
At CNNMoney.com, writers Alexandra Twin and Steve Hargreaves appear to be the only ones who even recognized the significance of yesterday's positive market close (bolds are mine):
Dow: Longest bull run in 80 years
Major…
