Regulation

Here's how a "Business Highlights" item at the Associated Press summarized the situation between Timothy Geithner and London banks whose officials had admitted to rigging the London Interbank Offered Rate ("Libor") on Friday evening: "The Federal Reserve Bank of New York released documents Friday that show it learned five years ago of big banks understating their borrowing costs to manipulate a…

My, it was awfully nice of Marcy Gordon at the Associated Press, aka the Administration's Press, to give Treasury Secretary Tim Geithner such excellent protection in her report on the New York Federal Reserve Bank's release of documents relating to its knowledge of the manipulation of the "Libor" (London interbank offered rate) used as the basis for the pricing of trillions of dollars of loans…

Not only is the Associated Press aptly currently described as the Administration's Press -- as least as long as the White House's current occupant remains there -- it also seems to be serving as the Administration's Protection. In a story about the "Lie-bor" scandal, wherein British banks have admitted to colluding to set the London Interbank Offered Rate (LIBOR) -- arguably the world’s most…

The Jurassic Press was in full-throated ObamaChorus mode in reporting on General Motors (GM)’s allegedly strong June sales. Very few failed to receive the sheet music.

On Friday's The Ed Show, MSNBC analyst Richard Wolffe - formerly of Newsweek - compared Mitt Romney's economic plan to a "pre-9/11" mentality as he went along with substitute host Michael Eric Dyson's complaint that Republicans are being "clearly obstuctionist" against President Obama's economic agenda. Dyson asked the question:

On Sunday's Face The Nation, Norah O'Donnell desperately tried to find a silver lining for President Obama if the Supreme Court ends up striking down his health care law. While her fellow panelists agreed that such a decision would be a blow to Obama, O'Donnell claimed that "politically, it might be better for the President, because then he can put the onus back on the Republicans." [audio clip…

ABC, CBS, and NBC stayed true to their liberal slant and ignored the 164 rallies across the United States on Friday against the federal government's abortifacient/birth control mandate under ObamaCare. Religious leaders and conservative politicians, like former GOP presidential candidate Rep. Michele Bachmann, addressed the tens of thousands of pro-religious freedom activists who attended the…

President Obama made quite a gaffe Friday when just one week after the Labor Department announced horrid jobs numbers for May, he claimed "the private sector is doing fine." Appearing on CBS's This Morning Monday, New York Times columnist and unashamed Obama shill Paul Krugman covered for the current White House resident saying, "He screwed up the line" (video follows with transcribed…

The $82 billion auto bailout has been a Crony Socialist nightmare mess. We’re going to lose at least $30 billion on the deal.  And that’s only if the Barack Obama Administration’s math can be trusted - a dicey proposition at best. The Administration eviscerated two hundred-plus years of bankruptcy law, throwing bond holders over the side to over-reward their United Auto Workers shock force…

Appearing on Wednesday's The O'Reilly Factor on FNC, during the show's regular "Miller Time" segment, comedian Dennis Miller lambasted House Democratic Leader Nancy Pelosi as "vile" and "distasteful," but contended that "I don't hate her." The discussion of hate came about as host Bill O'Reilly began the segment by asking about a survey by the New York Post listing the most hated people in…

So much for libertine Manhattan. White House reporter turned liberal columnist Frank Bruni supports New York Mayor Mike Bloomberg's overbearing initiative to downsize the sodas New Yorkers will be allowed to purchase in restaurants and movie theaters, in the name of fighting obesity: "Trimming a Fat City." While Michelle Obama focused on carrots, Mayor Michael R. Bloomberg brandished a stick…

Readers are strongly advised to remove food, fluids, and flammables from proximity to their computers prior to reading any further. You've been warned! New York Times columnist Paul Krugman said on ABC's This Week Sunday, "It's terribly unfair that [President Obama is] being judged on the failure of the economy to respond to policies that had been largely dictated by a hostile Congress" (…

As we approach Election Day, it's becoming more and more important for the Obama-loving media to give credit to the President for the economies of swing states governed by Republicans that are doing better economically than the rest of the country. Candy Crowley did her part on CNN's State of the Union Sunday by asking Governor Bob McDonnell (R-Va.), "Don’t you credit President Obama at all…

On Friday's CBS This Morning, Gayle King sided with New York City Mayor Michael Bloomberg over his controversial proposed ban of soft drinks over 16 ounces in size: "I'm all for anything that's going to make us healthy." Guest Jonathan Waxman, a chef in the Big Apple, also endorsed the Bloomberg plan: "I'm kind of happy that someone's making a stand here, because I think that it's empty…