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Appearing as a guest during the 10 a.m. hour of the July 11 “MSNBC News Live,” Chicago Tribune managing editor James Warren compared McCain adviser Phil Gramm’s recent comments on the economy’s health to those of Henry Ford during the Great Depression: But I think in the annals of a not particularly sensitive remarks this will rank up there with a bunch of things. Somebody, a historian…

'Mad Money' host wants $100-billion 'government check' to raise capital for GSEs.

It's now been widely reported that during what Jesse Jackson thought was an off-mic moment from Sunday's "Fox and Friends," the reverend stated he would like "to cut [Senator Barack Obama's] nuts off." However, a look at the on-air conversation shows that the FNC hosts had to prompt Jackson to say anything positive about Barack Obama's plans for faith based initiatives, the subject that drew his…

The Rev. Jesse Jackson has a word with Sen. Barack Obama (Newscom)

Atlanta Journal-Constitution writer Bill Rankin penned a July 10 article noting a judge's refusal to slap a temporary restraining order on Georgia's voter ID law. Rankin labeled the measure "controversial." Yet the AJC staffer failed to relay that Georgia state law provides photo voter ID cards free of charge.From the Georgia Secretary of State's Web site (PDF file):If you do not have one of…

Here they go again: Today the New York Times ran yet another flaky story questioning the presidential eligibility of John McCain, born in 1936 in the Panama Canal Zone, where his Navy father was stationed. Back on February 28, Congressional reporter Carl Hulse wrote a big story on the "controversy," even though Hulse himself admitted little was likely to come of it. The Senate later approved a…

On Friday’s CBS "Early Show," co-host Harry Smith introduced a segment on comments by John McCain economic adviser Phil Gramm: "Let's talk about the economy now. Number one on voters' minds. Senator John McCain has been backed into a corner by a key economic adviser and forced to disavow some controversial statements." A report by correspondent Bill Plante followed in which he declared: "After…

Various media outlets have jumped on the comments of Phil Gramm, an advisor to John McCain's presidential campaign, that when it comes to the economy, "we've sort of become a nation of whiners." However, these same organizations, such as ABC News, have done their part to promote such things as fretting over no more Christmas presents. For instance, on the November 12, 2007 "Good Morning America…

I hate to say I told you so, but what the heck. We did. The Business & Media Institute warned that Fannie Mae was a looming taxpayer-backed disaster - in 2005. Only the network news shows didn't like to tell you about it. An op-ed I wrote appeared in The New York Post under the headline: "The $30B Scandal That TV Forgot." I think $30 billion is small potatoes now. $100 billion is the number…

ABC and CBS admit Sen. Phil Gramm's comments are being twisted, but don't explain the truth behind them.

In today's "People Can Prove Whatever They Want If They Really Try Hard Enough" moment, Swiss scientists claimed early this week that efforts to clean the air over Europe the past three decades are responsible for at least half of that continent's 1°C rise in temperatures since 1980. In an interesting chicken and the egg conundrum, scientists in America claimed Thursday that global warming…