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CNN host blasts administration; calls free traders 'ignorant, hypocritical, sanctimonious' in wake of potential Fannie bailout.

To CNN's "Lou Dobbs Tonight" host, we live in a world of absolutes - because the potential of a government bailout of two publicly traded government-sponsored enterprises condemns the entire concept of free market capitalism. On the July 22 broadcast of Dobbs' show, he attacked proponents of free-market capitalism because of the potential trouble of the two government-sponsored enterprises (…

On Monday, comedian Stephen Colbert had a fabulous interview with the Sierra Club's Carl Pope (h/t Ecorazzi). Enjoy:

Check out the promotional ad for Lynn Sweet's reporting from Obama's Mideast tour, as captured from the Chicago Sun-Times Web page today. The caption reads "Lynn Sweet Aboard O-Force One! Get up-to-the-minute updates from Barack Obama's World Tour." With the media's history of Obamagasms, wouldn't the Mile High Club be a better comparison to draw?

In a interview with Louisiana’s Republican governor, Bobby Jindal, on Wednesday’s CBS "Early Show," co-host Harry Smith asked: "...you have been an advocate for Senator McCain. He's committed a number of verbal gaffes over the last couple of weeks and the last couple of months. What does that tell you? Are they just mis-speaking -- is he just mis-speaking, or is it -- read something more?" Smith…

On Wednesday’s CBS "Early Show," correspondent Sheila MacVicar described Barack Obama’s visit to Israel’s Holocaust memorial during his continuing Middle East tour as: "...yet another chance to see how the Senator looks in statesman clothes." MacVicar imbued Obama with the mantel of "statesman" just last Friday when she described the upcoming trip: "...Senator Obama is taking to the skies to…

Update below.Vanity Fair magazine thought it amusing to have artist Tim Bower work up a mock magazine cover that lampoons the now-infamous satirical depiction of Sen. Barack Obama as a Muslim and his wife as a gun-slinging leftist radical (h/t Marc Ambinder). In Bower's cartoon, McCain clutches a walker while his wife waits with vials of prescription medicine. A George W. Bush portrait hangs…

New York Times columnist Thomas Friedman appeared on Wednesday's "Good Morning America" to gush that the very act of Barack Obama going on his Middle East trip makes one think "he comes back a little wiser, a little smarter." Friedman also asserted that the candidate's middle name, Hussein, would be a plus for him as president. He opined, "I was in Cairo a few weeks ago. And one of things that…

A warm thank you from the NewsBusters editors to Steve Malzberg.The conservative radio host appeared on CNN's "American Morning" today to discuss John McCain's latest Web videos mocking the media's love affair with Democratic opponent Sen. Barack Obama.Malzberg tipped his hat to NewsBusters for "count[ing] up the stories" that prove the media's Obama boosterism. [audio available here] For our…

Networks see IndyMac failure as sign of catastrophe on the horizon, but fail to offer historical context or real reasons for downfall.

Democrats in Congress may not have acted on Sen. John McCain's proposal for a summer gas tax holiday, but that hasn't stopped the Democratic National Convention from getting tax-free gas courtesy of the citizens of the Mile High City, reports the Denver Post this morning.Filed as breaking news and published at 8:13 EDT on July 23, the Post's Allison Sherry has the scoop here. Below is an excerpt:…

Brian Wesbury, whose writings I have quoted often, is at it again, puncturing the economic gloom with reality-based analysis. Since his job is to provide useful info for the investor-clients at First Trust, creating unrealized hype is not in his best interest. Wesbury is predicting a stunning improvement in the economy's growth rate (PDF; HT Political Calculations) when Uncle Sam's Bureau of…

Newspaper claims Americans spending money on therapy because they are stressed about finances.