HuffPo Blogger Cheap Shots CNBC's Burnett for Not Toeing Populist Line
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…
Campbell Brown Calls Out Rush Limbaugh to Debate Ali Velshi
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…
BB&T CEO John Allison Blames 'Religious Belief' in Affordable Housing
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…
Cartoonist Equates Democrats to Marines in Iwo Jima
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…
How Will Media Cover Rush Limbaugh's Bipartisan Stimulus Plan
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-…
NBC: ‘Immediate Action’ Needed to Stop 1,000 Yrs of Global Warming
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…
AP Geithner Hearing Report: No Mention of IMF 'Reimbursements' for Tax
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…
CBS Plugs Enviro Activist Who Illegally Defrauded Oil Lease Auction
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: "…
Harvard Scientist: Google Searches, Twitter, Second Life Are Major Car
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…
CNN’s Lou Dobbs: Belief in Global Warming 'Almost a Religion
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…
New EU President Klaus, Globaloney Critic, Is a 'Figurehead'; Appellat
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…
Media Columnist: Deregulation Needed For Journalism's Survival
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…
Do Bailouts Prove Reagan's Point Re: Government's Economic View
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…
