Regulation

On Thursday, the Treasury Department issued a press release, called "Update on Status of Support for Housing Programs." Its fourth paragraph reads as follows: At the time the Federal Housing Finance Agency (FHFA) placed Fannie Mae and Freddie Mac into conservatorship in September 2008, Treasury established Preferred Stock Purchase Agreements (PSPAs) to ensure that each firm maintained a positive…

On Thursday’s CBS Evening News, correspondent John Blackstone gave attention to the danger for small businesses if the final version of health care reform requires employers to provide health insurance for their employees as he highlighted two business owners – one who fears health care reform could close down his night club business while the other is more optimistic about how her business would…

On Saturday, NBC News host Lester Holt seemed to lament the fact that the climate change conference in Copenhagen did not result in greater regulation of carbon emissions as, on the NBC Nightly News, Holt passed on that "many" called the agreement that was reached "weak and disappointing," and he seemed to accept the premise that more regulations would affect the climate as he relayed that…

On Thursday’s Stossel show on Fox Business Network, host John Stossel got to do the kind of show he was not able to do earlier this year when he was at ABC, as he devoted an entire show to the debate over access to health care, and gave attention to the market-based plan utilized by most employees of Whole Foods, which uses health savings accounts and encourages employees to shop around for…

Longtime readers of Associated Press dispatches have long since learned that many of the most important facts of a story -- especially facts that put the government, bureaucrats, and leftists in a bad light -- are often found in its final paragraphs. This is a way for the wire service to boast that it really did report all important facts while usually ensuring that harried broadcasters and other…

CNN’s Larry King equated efforts against further regulation of the banking industry to letting the mentally ill run their psych wards on his program on Monday. King pressed conservative columnist S. E. Cupp: “Banks are lobbying against a bill to tighten regulatory controls. Are you going to let the inmates run the asylum? You don’t think we should regulate banks?” [audio clips from the segment…

If there's a Ground Zero for America's foreclosure mess outside of much of California and metro Las Vegas, it's probably Cleveland, the Northeast Ohio city known in most of the rest of the state as the Mistake on the Lake. The Cleveland Plain Dealer's Mark Gillespie got out from behind his desk, committed some good old-fashioned journalism, and went looking for the mistakes that exacerbated the…

Thomas Friedman of the New York Times dismissed the ClimateGate scandal during an interview on Thursday’s Situation Room on CNN, labeling it “nonsense” and an “idiot debate.” Anchor Wolf Blitzer only pressed Friedman slightly when he repeated his call for a “price on carbon that would trigger mass innovation in green technology,” meaning a large surtax on fossil fuels.Blitzer raised ClimateGate…

There's certainly an argument to be made that college football's Bowl Championship Series (BCS) isn't an ideal system, but just to what degree should the federal government come in and regulate this multi-billion dollar industry? According to Andy Staples, a writer for Sports Illustrated's Web site, SI.com who appeared on the Fox News Channel's Dec. 9 "Studio B," the industry should be revamped…

Every now and then, we at NewsBusters like to point out a solid piece of journalism, instances where the media report news that cuts against the liberal narrative of the world that the MSM usually churn out.And so today, I thought I'd pass along how USA Today noted today that "Fast-food standards for meat top those for school lunches" (h/t NB intern Mike Sargent ):In the past three years, the…

CNN made a real, day-long effort on Monday to address the climate-change debate as a debate, giving skeptics of manmade climate change a series of chances to match the leftist view, especially during its evening programming. CNN is also the only U.S. TV news outlet so far to send an anchor to the Climate Research Unit at the center of the ClimateGate controversy.International correspondent Phil…

Monday’s American Morning on CNN covered the ClimateGate scandal extensively, but slanted towards those who deny that the exposed e-mails amount to much. Anchor John Roberts let the interim director of the Climate Research Unit at the center of the controversy give his talking points without question. Out of the four segments on the scandal, two featured skeptics of the theory of manmade climate…

gyp Slangvb gyps, gypping, gypped, gips gipping, gipped(tr) to swindle, cheat, or defraud[back formation from Gypsy]Someone call the PC police. At a town hall in Allentown, PA today, Pres. Obama said he is seeking to regulate health insurance companies to make sure that people don't get "gypped."Perhaps PBO thought the term would appeal to the crowd.  This was Pennsylvania, after all, the state…

A powerful Democratic lawmaker has stated his willingness to intervene on the behalf of the federal government in the nation's news sector. Insisting that the newspaper business is vital to democracy, Rep. Henry Waxman, D-Calif., suggested that the government "resolve" the problems in the industry, potentially though misguided federal bailouts.At a workshop on the future of journalism at the…