Cramer Rips Federal Gov't for Congressman’s 1,000-2,000 Dow Drop Pre

On CNBC's June 29 broadcast "Power Lunch," Rep. Paul Kajorski, D-Pa. made a pretty prediction about the Dow Jones Industrial Average (DJIA) should Congress be unable to pass financial regulation legislation. [Video Available Here] "You know, I wish every one of them would ask the question and also the industry and media, what happens in this country if this bill fails?" Kanjorski said. "Do you…

Jon Stewart Asks David Axelrod: Has This Government Proven Itself Comp

Jon Stewart on Monday asked David Axelrod a truly extraordinary question: has this government proven itself competent enough to regulate industry?Speaking to President Obama's senior advisor on "The Daily Show," the Comedy Central star was in the middle of a rather interesting discussion when he surprisingly said, "It's clear that this administration believes that government can have a stronger…

Breaking: Federal Judge Blocks Obama Admin Drilling Moratorium (A Win

Via the Associated Press (link may be dynamic and subject to change):  A federal judge in New Orleans has blocked a six-month moratorium on new deepwater drilling projects that was imposed in response to the massive Gulf oil spill. The White House says President Barack Obama's administration will appeal. Several companies that ferry people and supplies and provide other services to offshore…

Zoinks! CNN, USA Today Shocked Kids Prefer Cartoon-Endorsed Products

It didn't take Velma, Shaggy or Scooby to uncover this mystery. In a June 21 study published in the medical journal Pediatrics, researchers from Yale University "discovered" that food products with characters on them affect children's taste preferences, which may explain why food companies have been advertising with cartoons since at least the 1960's. CNN.com and USA Today used the study to…

CBS Fawns Over Pay Czar Feinberg: He Speaks With 'Moral Authority' and

On the June 20th edition of Sunday Morning, CBS reporter Richard Schlesinger conducted a glowing interview with pay czar Kenneth Feinberg, lauding him as someone who speaks with "moral authority" and who has "become an expert assessor of the value of life itself." Feinberg, who will now be in charge of distributing the $20 billion BP has pledged for the oil spill, previously worked with President…

Political Cartoon: Satellite Reveals Stunning Scope of the Gulf Oil Sl

Managing Editor's Note: I saw this earlier today on RedState and asked the artist for permission to republish here. You can check out more of Toby Dials's work at TobyToons.com and follow him on Twitter here.

WaPo Holds Nose, Accepts NRA-approved Bill Regulating Issue Advocacy A

How committed is the Washington Post to its crusade to see Congress abridge free speech under the guise of "campaign finance reform"? So much that it's willing to be a political bedfellow with the National Rifle Association, a group it detests for its persistent advocacy of Americans' Second Amendment liberties.In a June 17 editorial, the Post voiced its support behind a bill that Democrats and…

NBC’s David Gregory: White House Rhetoric 'Anti-Business,' 'Could Re

Wow, just wow. Never would have seen this one coming, but is one of the standard-bearers of the media elite recognizing the Obama administration's anti-business populist tone is inhibiting the U.S. economy? On the June 18 broadcast of CNBC's "Squawk Box," NBC "Meet the Press" moderator David Gregory was asked to respond to a June 18 New York Times article by David Sanger suggesting the Obama…

MSNBC's Brewer Annoyed at Barton's 'Shakedown' Reference, But Colleagu

In a satellite interview with Rep. Charlie Melancon (D-La.) held shortly before 1 p.m. EDT today, MSNBC's Contessa Brewer criticized Rep. Joe Barton (R-Texas) for denouncing the president for pushing BP to agree to a $20-billion escrow account for oil spill damages as a "shakedown": So, there's Joe Barton calling the $20 billion in escrow a shakedown, and as you point out, there are people in…

Doing the Job Media Won't: Fact-checking Obama's Gulf Spill Address

Plenty of prominent media figures were upset with President Obama over his substandard address to the nation last night (full text). While most are distraught, none seem to be doing what should be the essential journalistic task of the day: pointing out all of the factual misstatements the president made.So, in absence of a serious attempt at fact-checking from the legacy media, let us undertake…

CNBC Analyst: BP to Lose Offshore Leases, Faces Bar from Government Co

With the federal government - both on Capitol Hill and in the White House - beginning to take investigative and punitive action against BP (NYSE:BP), the future of the company, at least in the United States, is in peril. On CNBC's June 14 "The Kudlow Report," John Kilduff, a CNBC contributor and the vice president of MF Global was asked by host Larry Kudlow about a potential debarment from…

Leaked ObamaCare Docs: Majority of Employer Health Plans Won't Be 'Gra

Earlier this year, in his "Can we lose health coverage? Yes we can" column, syndicated columnist Deroy Murdock made a point asserted in dozens if not hundreds of columns and reports during the hide-and-seek legistlative process that ultimately led to the passage of what is commonly known as ObamaCare: The President's core promise relating to the statist health care legislation that ultimately…

MSNBC's Mitchell: Oil Spill An 'Opportunity' for Obama to Push Energy

Speaking to New York Magazine columnist John Heilemann on MSNBC Friday, anchor Andrea Mitchell wondered if the Gulf oil spill could be a political opportunity for President Obama: "Is there an opportunity now to do something real on energy?"Heilemann proclaimed the disaster was "a triggering action for us to try and get toward a greener future...break our addiction to oil..."            The…

Video: Bernanke Says There's 'Nothing on the Table at this Point' to T