Stock Market

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…

With all the populist sentiment generated from the economic slowdown by politicians, CNBC "Mad Money" host Jim Cramer is seeing eerie similarities with the comments of President Barack Obama and the words of a communist revolutionary. Cramer, appearing on MSNBC's Feb. 2 "Morning Joe," drew comparisons between remarks between the first head of the Soviet Union, Vladimir Lenin, and Obama. Obama…

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…

The Gross Domestic Product declined by 3.8 percent in the final quarter of 2008.It was bad, but nowhere near as bad as expected.Is it possible that all the hysterical gloom and doom emanating from the media is way overdone, and that things are not close to as apocalyptic as we've been told the past five months?Consider the actual numbers reported Friday morning by MarketWatch:

On Thursday, NewsBusters asked, "How Will Media Cover Rush Limbaugh's Bipartisan Stimulus Plan?"Moments later, we got our first clue as the conservative talk radio host was interviewed by CNBC's Erin Burnett and Mark Haines.UPDATE: Better functioning video now embedded; bonus "Fox & Friends" interview video also added at end of post.Most fascinating, Burnett, who has come across as left of…

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-…

"This Week" host George Stephanopoulos appeared on Wednesday's "Good Morning America" to claim that the stock market's 330 point drop on Inauguration Day indicated the need for a swift confirmation of Timothy Geithner as Treasury Secretary. Stephanopoulos, a former top Democratic aide, asserted, "The reason they want to get Geithner confirmed and in place so quickly, they want to have a complete…

Barack Obama not only made history becoming the first black President of the United States Tuesday, but he was also inhospitably greeted by the biggest January Inauguration Day stock selloff ever.At the closing bell, the Dow Jones Industrial Average was down over four percent, with the S&P 500 and NASDAQ indices plummeting more than five percent.As the Wall Street Journal's MarketBeat blog…

Some call it "the dead tree edition" of the news media. But as 2009 dawns, trees may not be the only casualties.Newspaper companies as an investment are less lucrative than they once were. Alan D. Mutter, a Silicon Valley CEO, pointed out on his blog that newspaper companies took a hit in 2008 in terms of share value to the tune of $64 billion. "In the worst year in history for publishers,…

By now, many readers know the New York Times's definition of a "good Catholic."A good NYT Catholic doesn't necessarily need to go to Church very often. He or she focuses on the importance of alleviating poverty and other world problems, almost invariably through government handout programs and not individual or private charity. Despite the long standing of "just war" guidance, this person opposes…

Is it possible the financial media played a role in facilitating the alleged $50 billion Bernard Madoff Ponzi scheme? An interesting theory by Jon Najarian, CNBC analyst and cofounder of optionMONSTER, contends that they very well may have unwittingly done just that. Madoff, he believes, used media publicity to lure investors to his scheme. As Najarian explained on CNBC's Dec. 22 "Fast Money,"…

 This is a timely op-ed from Dan Gainor of BMI.Christmastime is the time of giving. So we can thank Bernie Madoff for giving Americans some special gifts this holiday season.Yes, I said thank him. OK, maybe not a lot. But the one-time financial wizard's downfall is a morality tale that provides so many lessons it's almost impossible to know where to start. If you've been living under a rock, the…

Feeling a little bailout fatigue? Tired of the assault on the taxpayer from the federal government to pacify those influenced by the United Auto Workers? CNBC's Larry Kudlow feels your pain. Call this red meat for the troubled anti-bailout soul. Kudlow, now performing a role as a co-host on CNBC's mid-morning program "The Call," blasted the Union Auto Worker, President George W. Bush, Treasury…

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…