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An 'Evening News' in-depth look at tax shelters ignores that punitive U.S. taxes forces these operations offshore to conduct business in those locations.

A rocket carrying a NASA satellite designed to study global warming crashed into the ocean near Antarctica Tuesday shortly after being launched from California's Vandenberg Air Force Base.How delicious that it landed near the continent whose expanding ice mass totally defies the myth climate alarmists so eagerly spread for their own purposes.Talk about your inconvenient truths. As Bloomberg…

Remember that juicy story last week of the Chinese mistress that convinced her rivals and her lover to go for a drive? The mistress that then drove them all off a cliff in revenge for being dumped for one of the rivals by the lover? Great story. It had pathos, humor, revenge and... apparently it never happened. The U.S. media picked this story up from the Chinese speaking media and ran with it…

Seriously, do the kindly folks at the South Florida Sun-Sentinel's editorial board even know what the definition of the word logic is? Their headline read, "Hysteria fuels sales of guns and ammo," the Sun-Sentinel takes Floridians to task for being so stupid as to be afraid of Obama's gun banning plans, claiming that Obama "didn't do it." But, even after telling readers no one wants to ban guns,…

Topics in today's show: The latest Fox News poll shows split support for the Stimulus, Sarah Palin has run into tax problems, Attorney General Eric Holder calls America "nation of cowards" when it comes to race, and the 81st annual Academy Awards were presented this week.

CNBC's Joe Kernen had some fun at the New York Times' expense Monday morning, so much so that whether you love Rick Santelli's Rant Heard 'Round The World, or just can't stand the Grey Lady, you're guaranteed to bust a gut.To set this up, the NY Times on Monday ran an article bashing media mogul Rupert Murdoch for actually liking -- wait for it!!! -- newspapers -- stop the presses!!! -- as well…

ABC, CBS and NBC reporters over the past two days have relayed how the Obama administration proposes to cut the annual federal deficit from $1.3 trillion to $533 billion in four years by cutting spending on the war in Iraq and raising the income tax rate for those earning more than $250,000. Not considered: How since the Bush tax cuts the revenue paid by the richest -- and their share of total…

The New York Times seems to think there was no such thing as partisanship in Washington, D.C. until conservative Republicans came around in the 1990s to invent it. White House reporter Sheryl Gay Stolberg's front-page Sunday Week in Review story, "Cutting the President Slack Is So Old School," is another example of that ideological blindness, impying that former House Speaker Newt Gingrich…

Confronted by Sarah Palin documentarian John Ziegler, on Monday's "Today" show, NBC's Matt Lauer was forced to admit that the media perception of the Alaska governor as an "idiot" was "a lie." However Lauer displayed some disbelief that the media heavily pushed that line during the campaign as he professed, "I don't think that everybody in the media ran out saying, 'Sarah Palin is an idiot.'"…