Word Abuse: Media Ignores Obama's False 'As I've Often Said' Reference

April 23rd, 2009 4:37 PM
Straight from UPI's transcript of Barack Obama's Earth Day remarks in Newton, Iowa yesterday -- in the midst of flights that reportedly expended 9,000 gallons of jet fuel -- here is the President's take on this country's oil dependency (bold is mine):Twenty percent of what we spend on imports is the price of our oil imports. ..... It's the cost we've known ever since the gas shortages of the…

Media Talk Up Pot Legalization as Possible Answer to Bad Economy

April 22nd, 2009 8:07 PM
The economy is already in rough shape, but some think we should let it go to pot - literally. Pro-legalization advocacy groups are promoting the possibility that legalizing marijuana could provide some economic relief, and the media has eagerly explored the idea. On April 20, the National Organization for the Reform of Marijuana Laws (NORML) aired TV ads calling for marijuana legalization. They…

CBS Commiserates Over Higher Bank Credit Card Fees; Ignores Gov't Take

April 21st, 2009 10:57 AM
It was either an effort to avoid blaming individuals for ill-advised borrowing or an effort to vilify the banking system, but a segment on the April 20 "CBS Evening News" took a very one-sided view of credit-card lending.  On a day bank stocks struggled and dragged the Dow Jones Industrial Average (DJIA) down nearly 300 points, "Evening News" scrutinized the current state of the banking system's…

Solar Energy: It's Not Easy Being Green; AP Fails, As Press Usually Do

April 18th, 2009 9:05 AM
Gosh, I thought you could just throw up a few solar panels, plug into the grid, and our energy problems would be solved in an environmentally perfect way. (/sarc) Of course not. Early this morning, Rita Beamish of the Associated Press reported that solar panel projects are running into problems with water availability and efforts to protect endangered species. But, as usual for a report on energy…

CNBC Allows Santelli to React to Tea Parties: 'I'm Pretty Proud of Thi

April 15th, 2009 9:48 AM
While Fox News has celebrated the Taxpayer Tea Party rallies and MSNBC has denigrated them, the impetus of the movement - CNBC and specifically Rick Santelli, its inspiration - had been conspicuously quiet about it. But on CNBC's "Squawk Box" April 15, co-host Joe Kernen asked Santelli what he thought of being a "cultural phenomenon." That was the same show Santelli famously called out President…

Huffington Calls Suspension of Mark-to-Market Accounting 'Absolutely T

April 6th, 2009 11:32 AM
She's been popping up in a lot of places lately to chime in on the economy.  This time Huffington Post editor-in-chief Arianna Huffington appeared on ABC's April 5 "This Week," where she voiced her disapproval of the March 30 decision by the Financial Accounting Standards Board (FASB) relaxing mark-to-market accounting rules. "This week, we saw so many concessions to the banks," Huffington…

'Progressive' Talk Host Stephanie Miller Blames Liberal Radio Struggle

April 5th, 2009 10:46 PM
Everywhere it's been tried - liberal, or progressive as it's sometimes described as, talk radio hasn't taken off with the success conservative talk radio has. Case and point - the top six of March 2009 Talkers magazine "Heavy Hundred" talk show hosts are conservative.  The top liberal host, Thom Hartmann, come in at number 10. However, liberal talk show host Stephanie Miller appeared on CNN's…

Cramer Breaks Ranks: Calls 'Bolshevik' Democrats Card Check Legislatio

April 4th, 2009 5:08 PM
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…

NY Times Story Gives Huge Waxman-Markey Global Warming Tax Bill One-Si

April 1st, 2009 12:02 AM

ABC Sees Obama Losing His Luster in Europe, No More ‘Pure Adulation

March 31st, 2009 3:48 PM
On the March 28 World News Saturday, ABC correspondent John Hendren observed that the "pure adulation" formerly shown for President Obama in Europe has now faded as the President prepares for the G-20 summit in London to convince the group of economic superpowers to adopt his plans to increase spending to stimulate the economy. After anchor Dan Harris introduced the report noting that "Mr. Obama…

MSNBC: American Capitalism To Blame For Financial Crisis

March 31st, 2009 2:17 PM
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,…

Frank-ly Control Freaks: Congressional Committee Passes Bill Controlli

March 31st, 2009 12:34 PM
Is it okay to call them socialists yet? (/sarc)And to think we were "only" worried about having a known Tax Cheat overseeing everyone's taxes.With Barney Frank's help, Treasury Secretary Tim Geithner is trying to expand his power (and by inference that of his Dear Leader boss) well beyond that. The "Pay for Performance Act," which has already gotten out of committee, would give him veto power…

The Biz Flog Takes on Tim Geithner's Power Grab

March 27th, 2009 7:26 PM

CNBC's Deutsch Doesn’t Want 'Idiots' on Wall Street Making $10 Milli

March 26th, 2009 3:28 PM
Want a little populist outrage?  There's nothing like hearing it from a multi-millionaire advertising mogul with a spot on CNBC. Donny Deutsch, the host of "The Big Idea," a show the network has shelved, explained to viewers on the March 25 broadcast of "CNBC Reports" he wants measures put in place to keep prevent people he regards as "idiots" from making $10 million a year. "The issue is even…