Stock Market

George Will Schools Jennifer Granholm on Bain Capital and Solyndra
May 27th, 2012 1:45 PM
Former Democratic Michigan governor turned Current TV commentator Jennifer Granholm got a much-needed education Sunday about the difference between Mitt Romney's involvement with Bain Capital and President Obama's forays into green energy investment.
"When Bain invested," said George Will on ABC's This Week, "it invests money that it gets voluntarily to be invested. When the president throws…

NBC Uses Faltering Facebook IPO to Promote Occupy Rhetoric and Governm
May 24th, 2012 4:02 PM
Following a report on Wednesday's NBC Nightly News about the dropping value of Facebook's initial public stock offering and possible investigations into what went wrong, anchor Brian Williams saw an opportunity to adopt the talking points of the left-wing Occupy Wall Street movement: "Is this a case of the rich get richer, another advantage to the 1%...?"
Williams posed that question to New…

Question for Chris Matthews: How Many Lies Are You Willing to Tell to
May 19th, 2012 10:42 AM
I have a serious question for MSNBC's Chris Matthews: How many lies are you willing to tell on national television to get Barack Obama reelected?
On Friday's Hardball, the host gave viewers a plethora of falsehoods and half-truths to giving us an idea of just how far he's prepared to go this election cycle to make sure the objection of his affection remains in the White House (video follows…

NYT Co., a Multi-Billion Dollar Enterprise, Publishes 'Capitalists and
May 15th, 2012 10:11 AM
Psycho-capitalism? The overwhelmingly liberal readership of the New York Times is predictably eating up a charged story in the increasingly pretentious and hard-left Sunday Review section, "Capitalists And Other Psychopaths," by left-wing essayist William Deresiewicz, a critic who often writes for The Nation. Bringing the article to life is a cartoon of two men with painted smiles torturing…

Robert Reich Spins French Socialist's Win on CBS: No 'Dramatic Effect
May 7th, 2012 3:30 PM
Monday's CBS This Morning brought on former Clinton Labor Secretary Robert Reich to brush off the effect of French socialist Francois Hollande's election on the world economy, despite the immediate decline in global stock markets: "I don't think there's really much danger." Anchor Erica Hill had asked the pundit if there was "a danger in throwing off the French economy and the ripple effect…

Paul Begala: 'I Put Together a Federal Budget' That 'Created the Great
March 20th, 2012 8:35 PM
There may be no more pompous and conceited person on the airwaves today than CNN contributor Paul Begala.
Appearing on Erin Burnett OutFront Tuesday, the former Clinton adviser actually said, "I put together a federal budget that was balanced, and it created the greatest boom in American history and global history" (video follows with transcript and commentary, file photo):

CNBC: Stocks Rise on 'Growing Expectations' of Obama Reelection
February 29th, 2012 2:15 PM
On CNBC's Behind the Money blog on Wednesday, Fast Money executive producer John Melloy promoted a left-leaning theory as to why the stock market has been on the rise lately: "While President Obama may not be Wall Street's ideal candidate, stock prices are rising on growing expectations he will be re-elected this November."
Melloy pointed to long-term political certainty as a reason for…

NBC Follows ABC's Lead, Wall Street Speculators and Oil Companies to B
February 24th, 2012 4:46 PM
While ABC's World News declared "a big chunk of the pain at the pump is Wall Street's fault" on Thursday, on NBC's Nightly News, anchor Brian Williams similarly announced: "The problem is gas prices are largely set by commodities traders, also known these days as speculators."
Correspondent Miguel Almaguer reported on "backlash from both sides of the register" as a sound bite played of Los…

CBS's Rose Boosts Liberal Talking Point About Rich Wanting to be Taxed
February 22nd, 2012 6:32 PM
On Wednesday's CBS This Morning, Charlie Rose promoted a talking point used by liberals, including President Obama, that Warren Buffett and other billionaires want their taxes raised. After playing a clip of Chris Christie ripping Buffett, Rose asked Jack Welch, "Do you agree with the governor of New Jersey, or do you agree with...Buffett, that there ought to be more tax on the super-rich?"…

Media Myth Debunked: Income Inequality Is Actually Plummeting
February 19th, 2012 6:03 PM
Since the first Occupy Wall Street protest, you haven't been able to swing a dead cat in this country without hitting an Obama-loving media member carping and whining about income inequality.
Yet according to this chart created by the nation's largest federation of trade unions the AFL-CIO, the difference between average CEO and average worker pay has been plummeting since the year 2000:

CNBC's Joe Kernen Rips John Harwood's Knee-Jerk 'Global Warming' React
December 29th, 2011 12:04 PM
After the news portion of a "Warmer Weather Hurting Retail" segment on the impact of the mild winter on retail sales thus far appearing early this morning on CNBC, Joe Kernen and John Harwood got into it over the relevance and influence of so-called "global warming" (I guess Harwood didn't get the memo that it's "climate change" now).
Picking up at the 2:10 mark of the video:

Obama Tells 60 Minutes 'Damaging Behavior on Wall Street' Was Legal, W
December 11th, 2011 10:06 PM
There was an astonishingly revealing moment on Sunday's 60 Minutes when President Obama said, "Some of the most damaging behavior on Wall Street, in some cases, some of the least ethical behavior on Wall Street, wasn't illegal."
For what should be obvious reasons, CBS's Steve Kroft didn't bother asking his guest who created, voted for or signed the pieces of legislation that allowed this "…

Peter Schweizer on Congressional Insider Trading and Why Media Have Mo
December 6th, 2011 12:15 AM
Last month, NewsBusters reported 60 Minutes cherry-picking Peter Schweizer's book about Congressional insider trading to make it appear the problem was largely a Republican one.
Schweizer did a phone interview with NewsBusters last week to discuss this matter in greater detail including how with the exception of Fox News, despite this being a bipartisan issue, the media have largely ignored…
NB Interview: Peter Schiff on Media and the Economy, OWS
December 1st, 2011 11:39 PM
For conservatives, one of the bright spots of the Occupy Wall Street protests was when millionaire investor Peter Schiff went down to Zuccotti Park with video camera and a sign reading "I Am The 1% - Let's Talk."
On Tuesday, I had the pleasure of speaking with Schiff by telephone in a sweeping interview about his experience at OWS, how the financial media are doing, and ending with his rather…