NASA's Hansen to Obama: Use Global Warming to Redistribute Wealth

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-…

Fox News Panelists Excoriate NYT's 'Mortgage Bonfire' Hit Piece on Bus

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…

New York Times Blames Housing and Financial Crisis on Bush

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…

CNN Falsely Claims Governor Paterson is Slashing Spending

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…

GM PR Advisor Appears as 'Auto Analyst' to Argue for Bailout

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…

Kernen: Energy Czar Browner is 'Scary' during 'Once in a Lifetime Rece

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…

NY Times' Tom Friedman to Obama: Time to Go 'Radical' on the Environme

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…

Schizo 'Conventional Wisdom' at Newsweek on Congress and Auto Industry

WaPo Wants Federal Gas Taxes Raised to... Stop Terrorism

The Washington Post is directing a December 8 plea to the incoming Obama administration. The Post wants to raise the federal gas tax so high that it will stop people from driving. The Post thinks this will serve our national security purposes and add more money to rebuild our nation's roads. Apparently, the Washington Post has the foolishly mistaken notion that federal gas tax receipts actually…

AP Blames GOP For Freddie Mac Fiasco, Ignores Obama Donations

Democrats, including president-elect Barack Obama and Senate Banking Committee Chairman Christopher Dodd, received more money in campaign contributions from Fannie Mae and Freddie Mac than any other members of Congress.You couldn't tell that from an Associated Press article published Sunday which completely blamed Republicans for the lack of regulation and oversight of Freddie Mac.In fact, when…

Time Editor's 'Case for Saving Detroit:' Autos 'Too Big to Fail

"Talk about too big to fail," said managing editor of Time Richard Stengel on MSNBC's "Morning Joe" Dec. 4, who was on the program promoting the latest cover story for the magazine entitled, "The Case for Saving Detroit." Stengel: "I find the fact that so many Americans are unsympathetic to Detroit to be kind of amazing," Stengel said: We make the case that in fact the, you know, the Big…

Michigan Mayor: No Auto Bailout Will Mean Depression

Just give us the money and nobody gets hurt. That was the warning from the mayor of Lansing, Mich., on CBS's "The Early Show" Dec. 2. "You know this is a sure prescription to go from recession to depression if you allow this auto industry, our manufacturing prowess, to fall by the wayside," Virg Bernero warned: This industry is too important, not just to Lansing, Mich., but to the whole…

ABC’s Claire Shipman: Obama, Geithner 'Could Have Been Separated At

ABC correspondent Claire Shipman lauded President-Elect Barack Obama’s Treasury Secretary-Designate Tim Geithner on Tuesday’s Good Morning America: “It might not be immediately obvious, but insiders say the President-Elect and his pick for the top economic spot could have been separated at birth.” She later quoted The Economist’s line about the future top bureaucrat, that both Obama and Geithner…

Unbylined AP Report: Krugman 'Opposed Bailout

The Associated Press can't even get it right in a three-paragraph item about a White House ceremonial event.In a story Monday afternoon about President Bush's meeting with two Nobel Prize-winning scientists and Nobel Economics winner Paul Krugman, the unbylined AP writer claimed that Krugman opposed the government's financial bailout. Evidence abounds that this is not only not the case, but that…