Economy

This came in my e-mail from CNN just after the markets closed on Wednesday: Historic day on Wall Street. Dow industrial, transportation and utility averages all hit record highs for 1st time since 1998. I've been pretty busy, but I think I would have caught coverage of this news somewhere else had it occurred. If it did, it was quite muted. Mark Hulbert, in a column time-stamped early Friday…

File this one under "MSM condemns ee-vil corporations." As you'll note from the screencap, ABC's Good Morning America today branded State Farm Insurance "not a good neighbor." What is State Farm's sin? Its decision not to write new homeowners and commercial policies in the state of Mississippi.Did you note that? State Farm has decided not to write any new policies. This in no way affects…

On Monday’s "Evening News" on CBS, anchor Katie Couric asserted a common talking point among feminists and that is that women make 76 cents for every dollar a man does, which is a misleading statistic. In a series entitled "The American Spirit," Couric profiled Janet Hanson, the founder of a women’s networking group called 85 Broads, which is dedicated to helping women get ahead, as Hanson doesn'…

The media can't really deny the economy is doing great. But all good things come to an end,so what the heck, why not float the prospect of a looming recession? That's essentially what The New York Times did in today's paper.Staff writers Eduardo Porter and Jeremy W. Peters turned to a Clinton economic adviser to suggest that the current economy is driven by a housing bubble similar to the tech…

This week, Chris Matthews' anti-Bush bigotry spilled over into a profanity laden rant. The "Hardball" host dropped the F-bomb during a live interview with Don Imus. Meanwhile, CNN’s Paula Zahn connected opposition of illegal immigration to, you guessed it, the Ku Klux Klan. This is the same network, however, that tried to downplay proven religious bigotry by a blogger for the John Edwards…

While the media fawn over despots like Syria’s Bashar al-Assad and Venezuela’s Hugo Chavez, they rarely report on the horrors of life for most under such rule. With that in mind, it seems safe to assume that a current meat and sugar shortage in Venezuela that appears to be caused by government price controls is likely to go mostly unnoticed.As reported by the Associated Press (emphasis mine…

On Wednesday, Ralph Nader continued his media adulation tour, this time stopping by "The Daily Show." Just as with his appearance on "Late Edition," the only tough questioning Nader received was on the issue of the 2000 election and whether he placed George Bush in the White House. Stewart once again made clear exactly why conservatives view him as a not a political humorist, but a partisan,…

Is hunger stalking the suburbs? Yes, according to Newsweek's February 12 story "Poor Among  Plenty -- For the first time, poverty shifts to the U.S. suburbs," by Peg Tyre and Matthew Philips. (How Newsweek managed to obtain a photo of the inside of my freezer is another story entirely.)"Six years ago, Brian Lavelle moved out of the city of Cleveland to the nearby suburb of Lakewood for what he…

On Sunday’s "Late Edition," CNN anchor Wolf Blitzer conducted a syrupy interview with consumer advocate and frequent presidential candidate Ralph Nader. Blitzer allowed the former Green Party standard-bearer to once again promote left-wing PBS host Bill Moyers for President in 2008. The CNN anchor also gushed over Nader’s new work of non-fiction, "The 17 Traditions," a liberal tome about rasing…