Regulation

On Monday’s Tonight Show on NBC, Meet the Press host David Gregory appeared as a guest, and, while Gregory seemed to initially defend Tea Party activists against suggestions by Jay Leno that the movement has had a double standard in its treatment of President Bush and President Obama, Gregory also questioned the ability of its members to take part in "governing" as he asked: "How do you have a…

With the Dow Jones Industrial Average (DJIA) taking another tumble of 376 points on May 20, some investors are pointing to problems in Europe for the sell-off. However, there may be problems at home as well. CNBC's CME Group floor reporter Rick Santelli explained on the May 20 broadcast of "Closing Bell" it had a lot to do with the Europe and the Euro, however it isn't all coming from abroad. "…

"What the hell is wrong you you people?!"That's essentially what PBS "To the Contrary" host and US News & World Report contributor Bonnie Erbe wrote in her May 19 Thomas Jefferson Street blog post "Congress Handling the Gulf Oil Spill Crisis Better than Most Americans.""Although the Gulf spill has lowered the percentage of Americans who support offshore oil drilling, a new Pew Forum poll…

Eight former Federal Elections Commissioners today blasted proponents of a Senate bill that would "blunt" the Citizens United v. FEC Supreme Court decision, which allowed unions and corporations to spend freely on political advertisements.Writing in the Wall Street Journal, the Commissioners called the bill "unnecessary, partially duplicative of existing law, and severely burdensome to the right…

If you asked people what the two key events in the 20th century were, most would likely point to World Wars I and II because they transformed civilization. However, can something like the debate over climate change be as equally transformative?  James Delingpole, author of "Welcome to Obamaland: I've Seen Your Future And It Doesn't Work," spoke at the Heartland Institute's International…

One can't help but be a bit stunned at the audacity of an organization built by Morton Halperin and George Soros lecturing others on "astroturfing." But that same audacity -- not the good Barack Obama kind -- is taken to extremes when that same organization alleges a corporate conspiracy where there simply is none.Think Progress's Lee Fang was practically giddy that he had uncovered the next vast…

In an interview with Senator John Kerry on Wednesday's CBS Early Show on the Gulf Coast oil spill, co-host Maggie Rodriguez hit from the left on new energy legislation proposed by the Massachusetts Democrat: "correct me if I'm wrong, your legislation calls for expanding offshore drilling at a time when polls show most Americans no longer support it. Why do you believe it's necessary to do that?"A…

If a conservative or Republican uttered the nonsense to be revealed shortly, we'd justifiably never hear the end of it on the late-night comedy shows and elsewhere. As it is, former car czar Steve Rattner's "creative" term for fibbing has and probably will continue to get little coverage outside of Detroit. Rattner's risible rendition of reality spewed forth before he spoke at a Federal…

The man who predicted the bursting of the housing bubble as well as 2008's economic collapse says that what happened in the markets around the world today is just the next stage in the financial crisis."The first stage was this massive re-leveraging of the private sector that led to the financial crisis and which has responded now with a massive re-leveraging of public sectors with budget…

"Everyone is entitled to his opinion, but not his own facts," Daniel Patrick Moynihan is credited as having once said. MSNBC's Chris Matthews would do well to heed the counsel of the late liberal New York senator.The "Hardball" host yesterday smeared former Bush FEMA Director Michael Brown as having this kooky notion that President Obama approved of offshore drilling in March only because he knew…

Hosting a debate segment this morning between  Republican strategist Alex Conant and Democratic strategist Mo Elleithee that examined the political dimensions of the aftermath of the Gulf oil spill, MSNBC's Tamron Hall played soundbites from two politicians with rather divergent views on offshore drilling. The first was liberal Gov. Arnold Schwarzenegger (R-Calif.) opposing expanding offshore…

A $787-billion stimulus. Liabilities of $356 billion for the TARP bailout on the federal government's balance sheet. And that's in addition to other unfunded liabilities from federal entitlements like ObamaCare, Medicare, and Social Security. But that doesn't mean the U.S. is heading down the path toward socialism because they were one-time expenditures, according to CNBC senior economics…

It doesn't take a rocket scientist to realize that so-called payday loans probably aren't the most reasonable option when it comes to short-term borrowing. But according to MSNBC's Rachel Maddow, it takes the federal government to let you know. On her April 28 program, Maddow charged that these lenders engage in unscrupulous practices, despite offering a service that their clientele is willing…