Oil & Gas Prices

General Motors has been in business since 1897, but there are fears now propagated in the media that the longtime American icon faces an uncertain future. Brian Williams raised the possibility of General Motors (NYSE:GM) going out of business on the June 26 "NBC Nightly News" to Jim Cramer, host of CNBC's "Mad Money." "[J]im, I know you talk about this, think about this everyday for a living…

Remember when the 49ers gold rush happened in Maine? How about when Dan'l Boone explored California? Do you remember when Lee surrendered his Confederate army in Fargo, North Dakota? Well, to those famous places with famous incidents we can add that great Revolutionary War battle of Lexington and Concord... Virginia. At least we can do so in the reckoning of one Jamie Fansworth of the CBS News…

Who cares if Barack Obama won't protect a child who is born alive after an abortion?  Gas is over $4/gallon!  So argued Donna Brazile when Bill Bennett pressed her on the matter today.  The issue arose during a post-Obama press conference kibitzing session on CNN's Situation Room.  Bennett was making the point that the complaisant media in attendance had failed to press the candidate on tough…

In the past when Warren Buffett has spoken out the "super rich" needing to pay a higher tax rate, the media have hung on his every word. But, now that he has spoken out against a windfall profits tax on oil, will they notice? Buffett said he disapproved of the windfall profits taxes in an interview with CNBC's Becky Quick on "Power Lunch" on June 25. "I think it is very hard to have windfall…

On Tuesday’s CBS "Early Show, " co-host Julie Chen lead the show with a depressing segment on the economy: "...with the economic woes hitting the nation, we have your complete guide to surviving the big squeeze." Chen proceeded to highlight high gas prices, then explain how "...the crisis in the housing market is also a drag on the economy," and finally, "Completing this perfect storm of economic…

PBS's Bonnie Erbe hosts that network's weekly news analysis program, "To the Contrary with Bonnie Erbe," is a weekly columnist for Scripps Howard Newspapers, and blogs at USNews.com. Erbe called for the impeachment of George Bush in February 2006. Anyone looking through her Scripps Howard archive will conclude that she can't possibly be labeled a conservative ideologue -- which is why her take on…

Mike Barnicle has some campaign advice for John McCain: don't say anything about Obama's questionable connections. The former Boston Globe columnist, with a heartfelt second from Mika Brzezinski, wants the world to know that he's heard enough about Reverends Wright and Pfleger, not to mention Bill Ayers, and thinks McCain would "win a few points" for staying away from all that stuff and…

UPDATE: Hard to imagine, but it's even worse than originally thought. AP's go-to "historian" is, as Wikipedia shows, a shameless politically active far-leftist (HT Eric at Vocal Minority). _______________________(begin original post) Two Associated Press writers, with the help of accompanying photos at ABCnews.com, have dug down deep and reached a new low in dismal, depressive reporting. You can…

As anyone aware of the concept of supply and demand could have foreseen, Americans are driving less now that gasoline prices have passed $4.00 per gallon. So on this morning’s Today show, NBC’s Tom Costello dutifully noted that Americans have driven 20 billion fewer miles so far this year, but then declared a “bad news” side effect of drivers buying less gasoline: “We use federal tax money that…

Not a mere hell-freezes-over-moment.  Call it–in honor of Chinese Olympic diving which made the NY Times today–a a triple-twisting forward three-and-a-half flying pig, pike position.  An MSM reporter has condemned socialist big-government programs, adding a pitch for unrestrained free-market forces.  Check the end of this item for a factoid making the moment even more remarkable.CNBC's Michelle…

It's not just the Associated Press that can't get basic facts right. No wonder Barack Obama doesn't get challenged by the media on fundamentals -- y'know, things like how many states there are in the union (he says 57 or so), whether Illinois is closer to Kentucky than Arkansas (he says it's not), or whether Warren Buffett's income (!) is $56 billion (Obama seems to think that income and net…