CNBC
USA Today Promotes Anti-free Market Study
August 30th, 2007 5:35 PM
USA Today is furthering an ideal that’s more socialist than American – penalize the executives because they make more than everyone else. “To say the pay gap between Wall Street’s top titans and average Americans is widening would be an understatement,” wrote Adam Shell in the August 30 USA Today. The USA Today article was about a study by the Institute for Policy Studies (IPS) and United for…
Media’s Favorite Coal Expert Actually Opposes Industry
August 27th, 2007 7:30 PM
What happens a guy with verifiable liberal credentials (contributing editor at Rolling Stone and a contributor to The New York Times Magazine, The New Republic and Air America) just happens to have written a book highly critical of the coal industry – “Big Coal: The Dirty Secret Behind America’s Energy Future”? You put him on television or the front page of your opinion section and you parade…
Media's Volatile Coverage of Stock Market: 'Armageddon' or 'The Sky's
August 15th, 2007 5:52 PM
As the stock market went up and down over the past few weeks, media coverage also bounced from end-of-the-world rhetoric to rational analysis.CNBC’s Jim Cramer went on an impassioned rant August 6 calling for the Fed to reduce interest rates.“Bernanke needs to open the discount window. That is how bad things are out there … in the fixed income markets we have Armageddon,” said Cramer on “Stop…
Day 1 after Jim Cramer’s Friday ‘Armageddon' Call: Markets Up, Bon
August 6th, 2007 4:31 PM
The lesson from this post isn't bias as much as it is making sure not to get taken in by Old Media overreactions. Jim Cramer of CNBC's "Mad Money" went mad on Friday, declaring Armageddon in this video rant on Friday (watch the whole thing to see just how out-of-control he was; his declaration is at 1:40 in the vid -- "in the fixed-income markets, we have Armageddon."). The first trading day…
NBC Gals Gaga for Gunga Dan Rather
July 10th, 2007 9:40 AM
Dan Rather might have left CBS under a cloud, but his star still shines brightly -- at least among some on the distaff side of the NBC networks.Rather was a scheduled guest on today's "Morning Joe," and neither Erin Burnett, reporting in from CNBC, nor MSNBC newsreader Mika Brzezinski, could curb her enthusiasm.Burnett was first to confess.CNBC'S ERIN BURNETT: You know who I had a crush on…
Media Blame America For China's CO2 Emissions
June 21st, 2007 6:49 PM
When it was announced Tuesday that China surpassed the United States as the world’s leading emitter of carbon dioxide, NewsBusters asked, “Will Media Notice?”In reality, the answer is a mixed windbag, with most press outlets totally ignoring the revelation, and a few actually blaming the problem on – wait for it! – the United States. I kid you not.However, before we address that stupidity, it…