Taxes

In his report on Uncle Sam's Monthly Treasury Statement released Wednesday afternoon, the Associated Press's Martin Crutsinger incorrectly informed readers that the stimulus checks sent out by the government represented the major reason why May's monthly deficit ballooned from a year ago. The AP reporter also continued with the wire service's seemingly never-ending recession obsession. Here's…

CNN continued to harp about "big oil’s" record profits and the Democrats’ proposed windfall taxes on companies like ExxonMobil on Wednesday. In an interview of Kansas Senator Sam Brownback on "American Morning," co-host John Roberts was amazed over the Republican’s opposition to the tax proposal. "There were a couple of other provisions in this bill. One of them were to roll back the $17 billion…

In Wednesday's off-lead story by Michael Cooper and Larry Rohter, the New York Times found both McCain and Obama retreating to home base when it comes to economic solutions. But the Times' unconscious embrace of liberal conventional wisdom was evident in how it treated much-argued political terms like "windfall profits", "the death tax," and even "victory" in Iraq. Bush's mild tax cuts were seen…

Update | 10 AM: McCain Campaign Comments to NB on Mitchell RemarksMcCain campaign deputy chairman Frank Donatelli has commented to NB on Mitchell's remarks. See report at foot.------ IMing with a friend in England this morning, Morning Joe on in the background, I was vaguely aware that an Obama staffer was on, touting her candidate's economic plan. Signing off my chat, I focused on the tube,…

CNN’s Wolf Blitzer pressed McCain campaign adviser Carly Fiorina about oil companies "awash in record profits" on Tuesday’s "The Situation Room." The CNN host used ExxonMobil as an example five different times in his questioning. "...ExxonMobil has got these billions and billions of dollars in record profits. They can afford to not necessarily get additional tax cuts."After Fiorina outlined…

The supposedly surprising rejection of the Lieberman-Warner climate bill last week had an element that Old Media in the US hasn't covered, but is very relevant. While the press is ever eager to jump on politicians who fly in the face of supposed "world opinion" when it goes against US positions and traditions, it has been virtually silent over how "the rest of the world" has been rejecting the…

"Republicans Block Taxes on Big Oil Profits" blares the teaser headline on the front page of CBSNews.com. Under a graphic of the Capitol dome and a fuel gauge nearing empty, the caption reads "Senate GOP Stops Dems' Effort To Rein In Profits Of Largest Oil Companies As Gas Prices Soar."That's a lot of bias packed into 24 words, and that's before the reader gets to the actual article. Notice the…

Today, I have two short United Press International stories that each have bias in them, but aren't worth a long, drawn out fisking of their own. So I'm combining them into one Newsbusters report. The first UPI report characterizes a Dutch anti-Islam cartoon as having been "found most offensive," as if it were universally accepted that it is, indeed, offensive and the second is a ridiculous report…

It seems that the drive-bys in the mainstream media have decided to keep on driving past a Rasmussen poll that contradicts the message of certain left leaning darlings on the presidential campaign trail. (h/t MKFreeberg) The latest Rasmussen Reports national telephone survey found that 62% of voters would prefer fewer government services with lower taxes. Nearly a third (29%) disagrees and would…

The media love Warren Buffett and CNN's "American Morning" was no exception on May 20. Buffett's interviewer, CNN's Becky Anderson, absolutely gushed over him. "[S]o a fascinating guy, great to meet. And he makes it all seem so simple," Anderson said to "American Morning" fill-in host Kyra Phillips, who concurred and noted Buffett's political affiliation. "Oh, he's so down to earth," Phillips…

Just when you thought every possible gas price angle had been explored by the media, they found another fresh angle - gas prices are forcing cutbacks within the Louisville, Ky. municipal government, including swimming pools that little girls will be deprived of. "When we arrived in Louisville [Ky.], we headed straight for the Breslin Park pool," CBS correspondent Nancy Cordes said on the May…