Investor's Business Daily

Just barely a year after it derided the establishment media's obsession over oil-affected birds in the Gulf of Mexico while virtually ignoring the loss human life in awful floods in Tennessee (noted at the time at NewsBusters; at BizzyBlog), Investors Business Daily's editorialists are calling out the press for oversaturating us with Obama-OBL victory lap coverage at the expense of informing…

Thursday, an odd warning emanated from the halls of the supposedly esteemed investment firm known as Goldman Sachs: If Uncle Sam spends $61 billion less during the second half of the current fiscal year, and ends the year with "only" $3.758 trillion in spending instead of the administration's anticipated $3.819 trillion, economic growth will be seriously harmed. Yesterday, similar nonsense…

I owe Ottmar Edenhofer thanks for two things. First, I am grateful that Edenhofer, a German economist who is "co-chair of the U.N. Intergovernmental Panel on Climate Change's (IPCC) Working Group III on Mitigation of Climate Change," has a last name on which searching is easy. I quickly determined that his name last name doesn't currently come up in searches at the Associated Press's main web…

Back in March, in the runup to the final ObamaCare vote in the House, the establishment press was thrilled when the Congressional Budget Office issued a report estimating that ObamaCare would, in the CBO's words, "produce a net reduction in federal deficits of $138 billion over the 2010–2019 period as result of changes in direct spending and revenue." At the time, NB's Brent Baker noted how…

NewsBusters posts Friday afternoon provided readers with a list of 65 known participants in the now-infamous Journolist (via Melissa Clouthier) and the special case of Jared Bernstein, Vice President Joe Biden's Economic Adviser (via Lachian Markey). (Aside: Does the fact that Biden has his own econ adviser explain why what the Vice President says in public about the economy is so often of sync…

Once again, it's clear that reading editorials and op-eds at publications like the Wall Street Journal and Investors Business Daily becomes a requirement to be truly informed when a Democratic administration in power. On July 6, Peter Ferrara at IBD noted that the annual report from the trustees of the Social Security and Medicare system is long overdue, and wondered why: Are Overdue Reports…

Via the Associated Press (link may be dynamic and subject to change):  A federal judge in New Orleans has blocked a six-month moratorium on new deepwater drilling projects that was imposed in response to the massive Gulf oil spill. The White House says President Barack Obama's administration will appeal. Several companies that ferry people and supplies and provide other services to offshore…

On Friday, Investors Business Daily (IBD) reported on leaked government documents identifying what employer-provided health plans can and cannot do if they wish to retain their "grandfathered" status under the statist health care legislation commonly known as ObamaCare that became law on March 23. One of the items in the government document (83-page PDF) is the following table, which estimates…

In mid-July of last year, the good folks on the editorial board at Investors Business Daily made the following observations about the version of ObamaCare then under consideration by the House: ... Right there on Page 16 is a provision making individual private medical insurance illegal. ... the "Limitation On New Enrollment" section of the bill clearly states: "Except as provided in this…

Earlier this year, in his "Can we lose health coverage? Yes we can" column, syndicated columnist Deroy Murdock made a point asserted in dozens if not hundreds of columns and reports during the hide-and-seek legistlative process that ultimately led to the passage of what is commonly known as ObamaCare: The President's core promise relating to the statist health care legislation that ultimately…

Investors Business Daily called attention to an alarming story that goes back to Sunday, May 16 in a Monday evening editorial. A protest noticed by the target's next-door neighbor who happened to be home at the time, namely journalist Nina Easton (who also took the photo at right), occurred in a Metro DC suburb in Maryland marked the next round of a national labor union's attempt at persuasion…

The editorialists at Investors Business Daily are not pleased with the values on display in the relative importance given to three major stories: the deaths of 11 oil rig workers off the Gulf Coast, the oil spill that resulted from that rig's collapse, and the historic flooding in Tennessee that has taken at least 30 lives. Here's the newspaper's take: What does it say when 11 men who perish on…

Investors Business Daily ("What the Government Can't Do"), whose editorials are must-reads for hard news the establishment media will either ignore or downplay, has tipped readers off to the poor reviews General/Government Motors and Chrysler cars are receiving. These would include the latest automaker report cards compiled by Consumer Reports magazine. Nearly one year into their new lives as…

In its obituary on the passing of Nobel economics laureate Paul Samuelson, who died on December 13, Michael Weinstein at the New York Times lavished well-deserved praise on the winner of the 1970 Nobel Prize in Economics for building "one of the world’s great centers of graduate education in economics" at MIT, but erred seriously in recounting his most visible public policy role. Also worth…