Regulation

The Associated Press's 1:12 p.m. coverage (saved here, as the dynamic link changed during the drafting of this post) of the Senate Finance Committee's hearing on Barack Obama's nomination of Timothy Giethner as Treasury Secretary has plenty of discussion of Geithner's tax "mistakes" (the picture, but not its heading, is from a November 21 New York Times article). But as has been the case with…

On Saturday’s CBS Evening News, correspondent Bill Whitaker devoted a full story to an environmental activist in Utah, Tim DeChristopher, who disrupted an oil lease auction by illegally making bids that he knew he could not pay, which slowed down the process making it possible for Barack Obama to block President Bush’s directive allowing the auction. Anchor Russ Mitchell introduced the report: "…

Update, Jan. 12: Debunked, per Anatreptic, which leaves questions as to the motivation of Alex Wissner-Gross.(begin original post) Are we witnessing the beginning of the demonization of Google?The Internet search and service behemoth's reputation has largely survived co-operating with censorship in mainland China and inconsistent YouTube censorship that seems to lean towards protecting terrorists…

On his program on Monday evening, CNN anchor Lou Dobbs criticized the proponents of the theory of manmade global warming in response to a report by correspondent Ines Ferre about the latest climate data: “[T]hey bring this thing to a personal belief system. It’s almost a religion, without any question...” He went on to criticize the “crowding out of facts and objective assessment of those facts…

To say that President Vaclav Klaus of the Czech Republic is not liked by Euro-elitists is a grand understatement. European media has generally bent over backwards to give European Union politicians and bureaucrats in Brussels respect and the benefit of the doubt. If there is a voter referendum that enhances EU power, the press is for it, and those in countries like Ireland who reject its advances…

Ever since the financial services industry totally melted down in September, anti-free market media have pointed an accusatory finger at deregulation as the primary cause of bank, brokerage firm, and insurance company failures.Yet, as press outlets across the fruited plain deal with declining revenues and layoffs, some believe a looser anti-trust environment could be the solution.Even more…

Ronald Reagan once said:Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.  Is there no finer example of this concept than our government's hundred year relationship with the American auto industry?Before you answer, consider the following Wall Street Journal editorial published…

Climate realists around the world have contended for years that the real goal of alarmists such as Nobel Laureate Al Gore and his followers is to use the fear of man-made global warming to redistribute wealth.On Monday, one of Gore's leading scientific resources, Goddard Institute for Space Studies chief James Hansen, sent a letter to Barack and Michelle Obama specifically urging the president-…

The roundtable on Monday night's Special Report with Brit Hume on FNC was not kind to the New York Times's hit piece on Sunday's front page that blamed President Bush and only Bush for the mortgage meltdown, ignoring the Democrats in Congress who protected the irresponsible push for more "affordable housing" by Fannie Mae and Freddie Mac (as Times Watch noted yesterday). Nina Easton, Washington…

UPDATE AT END OF POST: White House issues statement concerning "Irresponsible Reporting by New York Times."It's official: the housing and financial crisis gripping the nation is President George W. Bush's fault.So said the New York Times Sunday in a 4900-word, front page hit piece entitled "The Reckoning - Bush's Philosophy Stoked Mortgage Bonfire."And what was this heinous, catastrophic…

In an article outlining the ridiculousness of New York State Governor David Paterson's budget proposal tax hikes, CNN misleadingly led with the following statement (emphasis mine throughout): A budget plan by Gov. David Paterson that would plug budget shortfalls by slashing spending and raising taxes on items from sugary soft drinks to iTunes downloads is drawing criticism in New York.Paterson…

Full disclosure, you can take the day off. CBS's "The Early Show" included a statement in its Dec. 18 report on the Big 3 bailout from "auto industry analyst," Dan McGinn. Letting the massive car companies fail "would be like 10 Katrinas hitting America at the same time," McGinn asserted. "The American public understands that." What the report didn't say is that McGinn is also an adviser…

President-elect Barack Obama named Carol Browner the "czar" of climate and energy policy for the White House, but CNBC's Joe Kernen was wary of her appointment. "You can see that even in Europe, some of the climate concerns, given this, this once in a lifetime recession, John - to put someone that, an advocate of such strong measures," Kernen said on "Squawk Box" Dec. 11. "Really I've seen her…

During an interview on CNN’s “No Bias, No Bull” program on Tuesday, New York Times columnist Thomas Friedman expressed his confidence in President-Elect Obama’s “vision” for environmental policy and urged that the future executive be given “means...that are as radical as its ends” to carry out this policy: “...[I]t’s great to say we’re going to have green jobs and green homes and green-collared…