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CNBC correspondent Trish Regan points out alleged Madoff $50 billion Ponzi scheme is 'twice the amount of money the auto companies are asking Congress for.'

CNBC's 'Mad Money' host says federal entitlement program operates in the same manner as Madoff's scam.

With an impeccable sense of poor timing due to a snowstorm in Las Vegas and unusually cold weather throughout the nation, North Carolina Congressman Heath Shuler (D-Of Course) is warning that global warming could harm the Christmas tree industry in his state. Key word is "could" since there is no evidence that any Christmas trees in that state have suffered from a global warming that hasn't even…

If the definition of a conservative is a liberal who's been mugged, look for Mika Brzezinski to start sounding like Pat Buchanan. The big news on Morning Joe today is that Mika got mugged.  Not mugged by reality.  Mugged mugged.  The MJ co-host was outside her Washington, DC hotel early this morning, waiting for the car to take her to the studio, when a man approached and told her to give him $20…

I don't know. Maybe the Associated Press thinks that no one is aware that John McCain lost his race for the White House? Maybe the AP thinks no one is aware that his choice for VP, Governor Sarah Palin, lost right along with him? Maybe the AP thinks that hardly any American has gotten the word that Obama and slow Joe Biden won on November 4th? The AP sure acts as if they think people still need…

Picking up on a Center for Responsive Politics (CRP) report on how several Hollywood actors and actresses have ponied up $50,000 each for VIP access to Barack Obama's inaugural events, CNN reporter Samantha Hayes marveled: “It's a measure of the excitement around Obama, that the stars are themselves star struck.” She highlighted, in a story run on Wednesday's Anderson Cooper 360, that “the…

One study reveals teens watch less TV than older generations but another study finds access to racy material is just a click away.

ABC's George Stephanopoulos on Wednesday night hailed President-elect Barack Obama's cabinet, pointing to how his national security team is made up of “coalition builders,” including Hillary Clinton, before praising Obama for how “he has also kept his promise of reaching out beyond Washington for change with younger reformers like Shaun Donovan at HUD, Arne Duncan at Education and Lisa Jackson at…

With the level of surprise set firmly at zero – Time magazine routinely chooses the presidential election winner as Person of the Year – Time gave that honor to Barack Obama on Wednesday. But the first peek at David Von Drehle’s cover story shows that Time’s gooey valentines to Obama know no end. The headline is "Why History Can't Wait."The President-elect has that "Obi-Wan Kenobi calm," and yet…

At the top of Wednesday’s CBS Early Show co-host Julie Chen declared: “Caroline Kennedy gets a boost in her quest to become a Senator from the woman she hopes to replace.” Later, co-host Harry Smith introduced a segment about Kennedy’s qualifications: “There are reports this morning that Senator Hillary Clinton has told her supporters to stop questioning if Caroline Kennedy is qualified to…

It's hardly a secret that Chicago public schools chief executive Arne Duncan was the architect behind a failed plan to open a "gay-friendly" high school in the Windy City. But for some reason Washington Post staffer Maria Glod decided to keep that skeleton in the closet, leaving the fact out completely from her page A3 December 17 story, "Education Pick Is Called 'Down-to-Earth' Leader."Glod set…

In 2008, we've lost a lot more than mere wealth.