Recession

With the Tax Day tea party rallies just three days away, outside of the Fox News Channel, the coverage has been lacking. And, it was something that even Washington Post media columnist and host of CNN's "Reliable Sources" Howard Kurtz acknowledged on his April 12 program. "The folks at Fox News have found something to be for in this age of Obama," Kurtz said. "They are firmly in favor of tea…

Even before a single bag of tea has been dumped as a form of protest over government economic policies, the gang at MSNBC is in full-attack mode over the notion these protests merit any recognition. On MSNBC's April 10 "Countdown," fill-in host David Shuster imitated his MSNBC colleague Rachel Maddow's juvenile and overdone description of the tea party protest to disparage the upcoming…

Is pessimism about the economy really the new porn? ABC's Dan Harris inquired about that possibility in an April 9 "Quick Fix" video for ABCNews.com. But he didn't examine ABC's role in promoting pessimistic or apocalyptic news which has been happening for years. "Here's something I'm fixated on this week," Harris teased. "A little something called pessimism porn. That is a term coined by…

It's been all over the news - Rush Limbaugh packing up camp and abandoning his operations in New York City. It's been the subject of a Jon Stewart "The Daily Show" tirade and even drew the attention of New York Gov. David Paterson. Limbaugh appeared on Fox News Channel's April 8 "Your World with Neil Cavuto" and explained why he was leaving and how he felt about those that were glad he was…

It's hard to find an upside to the continuous drumbeat of bad economic news. But on April 7, MSNBC host and Obama cheerleader Rachel Maddow felt compelled to try. "There is a silver lining here, maybe," Maddow said. "As horrible as the jobs numbers are and as pessimistic as executives across the country appear to be - Americans broadly speaking are actually sort of increasingly optimistic these…

BMI's Dan Gainor has the following column on Tax Day and Tea Parties up on the Fox Forum:When you want tea, you bring water to a boil. When you want genuine change, you do the same thing to the American public.Right now, that public is boiling mad and, with April 15 around the corner, the most important thing brewing is tax protest. For every state in the nation, this tea’s for you.Lucky for us,…

Saturday's New York Times front-page story by Shaila Dewan from Columbia, S.C., was a hostile profile of the state's conservative Republican Gov. Mark Sanford, who has been unpopular on the Times news pages ever since he dared challenge Barack Obama's expensive spending ideas.Dewan mocked Sanford's "extreme" frugality (an odd thing to make fun of in these recessionary times) in "Rejecting Aid,…

Although CNBC "Mad Money" host Jim Cramer has backed off his hyperbolic attacks on President Barack Obama ever since his "Daily Show" appearance, he's shown that he's not afraid to take on the Democratic-controlled Congress. So, to give credit where credit is due, the "Mad Money" host dedicated an entire segment to the Employee Free Choice Act, aka card check and how its passage by Congress…

No one can accuse News Corp. CEO Rupert Murdoch of being an economic cheerleader, despite his net worth of $4 billion according to Forbes magazine. In an interview with Fox News Channel and Fox Business Network anchor Neil Cavuto on April 2, Murdoch was not hopeful the financial markets would recover their value within the next 12 months. "Look, I'm not a market expert," Murdoch said. "I would…

For the second time in a week, CNBC's Rick Santelli faced down one of the standard-bearers of liberalism.First, he explained to Huffington Post editor and founder Arianna Huffington on the March 31 "Squawk Box" that markets are more efficient in correcting economic hardship, in the banking and housing sectors. On CNBC's April 3 "The Call," Santelli took on University of California at Berkeley…

It came and went - and some might not have even noticed it - despite the seriousness of its use. On April 2, CNBC's Jim Cramer proclaimed the Depression over. Throughout that day, the "Mad Money" host told viewers of MSNBC's "Morning Joe," CNBC's "Street Signs" and finally on his own program that the Depression was over and that we were on the verge of a bull run for the financial markets. "We…

[UPDATE, 6:45PM ET: For those who only lightly skimmed or otherwise did not notice earlier, this is an April Fools Day edition of Notable Quotables. All of the quotes were made up by various MRC staffers. I hope you enjoyed the parody.] For those of you who enjoy reading MRC’s Notable Quotables newsletter, featuring the most outrageous (and sometimes humorous) quotes in the liberal media, our…

Just a few short months ago, New York Times' liberal economics columnist Paul Krugman had high hopes for new President Obama and urged him to act like "Franklin Delano" Roosevelt.But even the billions of dollars in government spending to fix the financial crisis, efforts to limit executive compensation and the recent ouster of General Motors CEO haven't pacified Krugman.According to Newsweek's…

File this one under Liberal Guilt Syndrome.In the second hour of MSNBC’s “Morning Joe”, correspondent Savannah Guthrie gave a live report on the upcoming G-20 summit from London. This was a fairly straightforward report, hitting on issues that the major parties were interested in hammering out – the French want more financial regulation, for example. And then, at the very end of the report,…