Media Scrooges: 'Bah Humbug' to Wall Street's Christmas Bonuses
When Santa came to Wall Street this year, the media cried and pouted. With the Dow Jones Industrial Average at an all-time high and commodities markets experiencing one of their best years in decades, Wall Street firms were feeling especially merry this year. The media responded as if they had seen Jacob Marley’s ghost.NBC’s John Seigenthaler gloomily downplayed Wall Streeters’ good fortunes…
Top 1% Pay 35% of Federal Income Tax; Will Only the WSJ Notice
As noted in a Wednesday subscription-only editorial, Nancy Pelosi already has the steeply progressive tax system Democrats want:
The Top 1% Pay 35%
Maybe our liberal friends are onto something. They keep saying the rich should pay more taxes, and it turns out the rich already are! That's one of the valuable lessons from the IRS's annual study of income tax data, just released for 2004.…
A Side of Outsourcing You Won't Hear From Lou Dobbs
Outsourcing and the Internet are helping "microbusiness" owners to thrive, USA Today reported in a recent edition. That’s funny. As Lou Dobbs would have us believe, outsourcing does nothing but turn middle class Americans into economic cannon fodder for major corporations."Competitiveness, productivity, and efficiency are nothing more than code words for 'cheaper labor,'" Dobbs…
Evening News 'Free Speech' Used To Scold Americans for Gas Guzzlers
The "Free Speech" segment for Friday's "Evening News" went to British auto columnist Mike Rutherford who complained that Americans don't know how "lucky" they are for the cheap petrol they put in their tanks.
“Sorry, America, but if you believe you’re paying too much for the fuel you put in your
automobiles, you’re not living in the real world,” griped Rutherford. Noting that American gasoline…
CNN Reporter: Helpful Democrats Will Give You More Time Off Work
Monday’s edition of "American Morning" featured a decidedly one sided segment that advocated for Democratic legislation, generously highlighted Ted Kennedy and promoted San Francisco as the wave of the future. Correspondent Alina Cho used the piece to boost a bill that would require employers with more than 15 workers to give seven sick days a year. Disparaging America’s primitive stance on the…
What Time of Year Is It? (Part
Last year, I sensed that journalists in general prefer to call this time of the year in commerce that of "holiday shopping" instead of "Christmas shopping," but that when it came to people losing their jobs, they preferred to describe layoffs as relating to "Christmas."
My instincts were proven correct, as you can see below from the results of three different sets of Google News searches in…
