Regulation

Before today, CNBC "Mad Money" host Jim Cramer was known for his outlandish statements and crazed antics that would land him in the public spotlight. However, Cramer got one-upped today by CNBC's Rick Santelli, calling for something like a "Chicago Tea Party" revolt against the redistributionism that is plaguing our federal government. Cramer, in his "Stop Trading" segment on CNBC's "Street…

President Barack Obama's recent statement about his opposition to resurrecting the so-called Fairness Doctrine is a good first step, but shouldn't be the only step his administration takes to burying political censorship by the FCC for good, Media Research Center President Brent Bozell and Americans for Tax Reform (ATR) President Grover Norquist argued in a joint statement released today. [click…

So where did the Cleveland Plain Dealer's Sabrina Eaton go for opinions on what Michelle Malkin earlier today called "the massive mortgage entitlement campaign launched by President Barack Obama"? Why, they went to "housing experts," of course. But the people she quoted aren't builders, realtors, mortgage lenders, mortgage brokers, or economists. Nor, based on the area's results, are they experts…

While many Hollywood stars may have raised a champagne flute yesterday to mark President Obama's signing of the stimulus package, actor Kelsey Grammer was not among them. The actor best known for his roles in "Cheers" and "Frasier" told NewsBusters's sister organization CNSNews.com recently that he was a "free enterprise guy" who feared that CEO pay caps included in the corporate bailouts were a…

On Friday, radio host Mark Levin gave a shout out to NewsBusters's parent company the Media Research Center and its work via the Free Speech Alliance to fight efforts by liberals to resurrect the so-called Fairness Doctrine.Transcript follows (h/t Kevin Eder):MARK LEVIN: Tucson, Arizona, go. CALLER: Thank you very much for taking my call, Great One. Listen, I just want to have a few words with…

A prominent Democrat made news on MSNBC Feb. 11 with his guarantee of new financial industry regulations "comparable" to FDR's New Deal. House Financial Services Committee Chairman Rep. Barney Frank, D-Mass., appeared on MSNBC's "Rachel Maddow Show" Feb. 11 and told the MSNBC and Air America host that things should be done to limit what financial services can do, specifically when it comes to…

Imagine for a moment an American newspaper publishing a column with the following opening sentence:Has Barack Obama’s presidency already failed? Not in a million years, right?Well, on Wednesday, one of the most respected international publications, the Financial Times of London, published such an article written by its associate editor and chief economics commentator Martin Wolf. In it was an…

Don't like the notion of Wall Street employees receiving bonuses? Shoot the messenger - as Adam Green at The Huffington Post has done. In a Feb. 2 post on The Huffington Post, Green said it was bad form for CNBC "Street Signs" host Erin Burnett to even think about considering the other side of the anti-Wall Street bonus argument, since some Wall Street banks received TARP funds, courtesy of the…

CNN's Campbell Brown isn't happy with what Rush Limbaugh said about her colleague Ali Velshi Friday, and has invited the conservative radio host to debate him on her program.As some background, Velshi was on Brown's "No Bias, No Bull" show Thursday and claimed: "This is not the economy that Ronald Reagan ever saw or anybody with the last name Bush ever saw, or Clinton. We have not seen anything…

Despite what the news media keep saying, capitalism and deregulation were not the causes of the financial meltdown. Instead, BB&T CEO John Allison pointed the finger at government creations like the Securities and Exchange Commission (SEC), Federal Deposit Insurance Corporation (FDIC) and Fannie Mae and Freddie Mac, the two government-sponsored enterprises that failed last year. Allison was…

In one of the more insulting comparisons seen in recent memory, Albany Times Union editorial cartoonist John de Rosier does a major disservice to the honorable men who served during the Battle of Iwo Jima, by depicting recent efforts of Democrats to pass a non-stimulating ‘economic stimulus plan' as equally heroic. The cartoon shows Democrats in the role of the Marines featured in the Iwo Jima…

Conservative talk radio host Rush Limbaugh wrote an op-ed in Thursday's Wall Street Journal wherein he offered a bipartisan stimulus plan to get the economy going.As not one Republican voted for President Obama's economic package in the House Wednesday despite his campaign promises to usher in a new era of bipartisanship, given the media's focus on Limbaugh of late one would expect his now-…

Uniquely among Monday’s broadcast evening newscasts, NBC Nightly News anchor Brian Williams read a short item citing a "disheartening" report by the National Oceanic and Atmospheric Administration (NOAA) predicting that the world is in danger of suffering effects of global warming that will take 1,000 years to reverse unless "immediate action is taken to cut greenhouse gases." Williams: "The…