Taxes

CNBC "Mad Money" host Jim Cramer often showcases erratic and unpredictable behavior and the same goes sometimes for his analysis of the stock market. While the economy continues to struggle through the recession, the forward-looking indicators known as the financial markets continue to perplex Cramer for not going up when some positive signs, also known as "green shoots" by the financial media,…

On Saturday’s broadcast network evening newscasts, the CBS Evening News uniquely gave attention to the tea parties that were inspired by the Tax Day Tea Parties from April. Anchor Jeff Glor set up the report: "In scores of communities tonight, people spent their Fourth of July not celebrating but protesting. Taking a cue from the 1773 Boston Tea Party, they rallied against federal tax and…

Question for CNBC Chief Washington Correspondent John Harwood: Where were you six-and-a-half months ago? Harwood on CNBC's July 6 "Squawk Box" noted that the stimulus was not working quite as well as the Obama Administration had hoped - this coming in the wake of comments from Vice President Joe Biden that the economy was "misread" by the administration. The difficulty with the stimulus, he…

Doesn't the title of this story from CNNMoney.Com make you feel all warm and fuzzy inside? "White House Staff Safe From Obama Tax Hike." I bet you were biting your fingernails in worry about whether White House staffers would be hit with the higher taxes that President Obama promised would only happen to those making over $250,000 per year. Here is the "reassurance" from CNNMoney that the White…

No matter how much money any government - federal, state or local - puts into public education, it's never enough in some people's eyes. A July 1 "NBC Nightly News" segment detailed a new use of tax payer dollars in one of the worst performing, financially struggling school systems in the country - the Washington, D.C. public school system. They are paying school children with taxpayer funds,…

The news cycle has been dominated by celebrity deaths - Michael Jackson, Farrah Fawcett and even TV pitchman Billy Mays - and President Barack Obama's health care initiative. Obama has used the compliant media to keep the focus to health care, and they are neglecting a critical largest news event that could impact the lives of every man, woman and child for the foreseeable future. The U.S. House…

At one point during her new MSNBC show today, Dr. Nancy Snyderman proclaimed: "the White House, their health care agenda continues to be our agenda."Snyderman would probably say she meant it only in terms of the subject matter the show will cover, not its point of view.  But she was, if unintentionally, revealing a larger truth.  Just in time for the Obama admin's push on health care, MSNBC has…

The government of Hungary voted to cut income taxes Monday to pull itself out of recession, and America's media for the most part ignored it.At the same time, German chancellor Angela Merkel is pushing for lower taxes to help her nation's economy, and our press have similarly been less than enthusiastic about sharing the news.One of the exceptions in both cases is the Wall Street Journal which…

For Time Magazine, Kevin O'Leary has decided that he's figured out why California is in such a budget mess. Is it because the state indulges over generous social programs, or always has some of the highest taxes in the nation, or because the denizens of its capitol in Sacramento are paragons of waste, fraud and theft? Nope. It's because California has Proposition 13, a measure that prevents state…

Noteworthy from Friday night's broadcast network evening newscasts which, a day after his death, spent 95 percent of their air time on Michael Jackson -- all but 1:03 of ABC's approximate 22 minutes was devoted to Jackson, all but 34 seconds of CBS and all but 1:22 of NBC, for 2:59, less than three minutes in total for all news beyond Jackson: ♦ Only ABC's World News reported how Monica Conyers,…

There may be no limit to how far establishment media reporters will go in their attempt to prop up the public perception of failing state-run health care programs.The latest example comes from Massachusetts. The Bay State's CommonwealthCare (aka RomneyCare, so nicknamed because Governor Mitt Romney, rumored to be a Republican and pictured at right, championed the legislation's passage and signed…

On the Wednesday, June 10, Hannity show on FNC, host Sean Hannity showed a pre-recorded interview with actor Craig T. Nelson, who repeated his recent suggestion that taxpayers should refuse to pay as long as their money is being spent by the government irresponsibly, and this time tied in Treasury Secretary Timothy Geithner's failure to pay thousands of dollars in taxes. After recounting the…

In John Harwood's Sunday Week in Review piece, "Rethinking The Reagan Mystique," he claimed Republicans are rejecting Ronald Reagan as a political inspiration and urging their party to look forward. He probably overstates the case. However, Harwood does come up with a novel insult of Reagan: The man the media labeled a heartless budget-cutter was actually a runaway spender in disguise!For a…