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As I write this on Monday afternoon, the People's House has rejected "the $700 billion bailout." You won't believe, unless you're a very experienced cynic, where that $700 billion figure came from. The answer appears to be "out of nowhere." With no basis. I'm not kidding. Here's the evidence, carried six whole days ago at Forbes (HT LAT's Top of the Ticket Blog via BizzyBlog commenter Dan Scott…

On Monday’s CBS Early Show, co-host Harry Smith played a clip of the latest Saturday Night Live skit mocking Sarah Palin and following the clip, co-host Julie Chen remarked: "Tina Fey has just so much material to work with, this is like, probably a dream come true for her." In May, Chen placed Hawaii in the Atlantic Ocean and it was not part of a comedy skit. Co-host Maggie Rodriguez chimed in: "…

CNBC analyst cites IMF report and explains history of banking crises show they cost 13 percent of GDP.

Joe Biden's FDR gaffe was noticed, but with a shoulder shrug, by Newsweek's October 6 edition of "Conventional Wisdom." The same feature cheered Obama's debate performance as "presidential," gave the thumbs up to Dave Letterman's tirade against Sen. John McCain, and reveled in Gov. Sarah Palin's "moose caught in the headlights" interview with CBS "Evening News" anchor Katie Couric."Most popular…

Newspaper reports poll showing 33 percent say U.S. economy is in Depression.

Reporting on a decision by LifeWay Christian Stores to not promote a magazine whose cover story lauded female pastors, Chicago Tribune religion reporter Manya Brachear stacked the deck against the Christian bookseller, failing to speak to a staffer there for an explanation of a policy decision on a magazine the stores carry on their shelves. Yet if she had done her homework, Brachear may have…

"Good Morning America" reporter David Wright on Monday highlighted the specter of the "Palin Problem" for John McCain and asserted that Alaska Governor Sarah Palin's advisors "are trying to lower expectations. But even among some conservatives, expectations couldn't be any lower." Yet, while the ABC morning show mentioned the supposed struggles of the Republican vice presidential candidate, the…

Peter Schiff blasts government for intervening in markets and argues against bailout while Stephen Leeb promotes Congressional plan.

On Monday's "Today" show, NBC's Andrea Mitchell loved Tina Fey's parodying of Sarah Palin on "Saturday Night Live," so much that she played a clip the "30 Rock" star mocking Palin's inexperience, while simultaneously airing an actual clip of Palin being interviewed by Katie Couric, as Mitchell charged: "the reviews have been withering for her interview with Katie Couric, only her third since…

Media Research Center President and NewsBusters Publisher L. Brent Bozell, III appeared this morning on the Fox News Channel's Fox & Friends to discuss the media's nearly unanimous acclamation of Illinois Senator Barack Obama as the winner of last Friday's Presidential debate.Mr. Bozell noted one of the few press exceptions, Newsweek, who gave the nod to Arizona Senator John McCain, but…

CNN’s Web site this morning tracked a developing story involving the stock market opening, by featuring a photo of an Iran anti-war protest. The photo, provided by our friends at the AP, was simply too perfect to pass up apparently. After all, any photo which includes a man brandishing a banner which reads ‘Jail Bush,’ is something that a biased news organization simply has to take.…

In what Bob Schieffer of CBS News's "Face the Nation" promoted as the first interview of Sen. Barack Obama following the first presidential debate, “broadcast journalism's most experienced Washington reporter,” according to CBSNews.com, made no effort to critique Obama’s debate answers and performance, but instead led the Democratic candidate into an hour-long bashing of the Republican ticket.…