Wall Street Journal

CRITICAL UPDATES AT END OF POST: Limbaugh responds to list; author of list story used to work for the Wall Street Journal.The Daily Beast Thursday published its list of the Right's most influential media figures, and the winner will likely surprise many on both sides of the aisle.In the top position according to author Tunku Varadarajan (please see update at end of post!) is Paul Gigot, the…

Two think tanks, the Tax Policy Center and the Committee for a Responsible Federal Budget (CRFB), have done something the New York Times, the Associated Press, and other supposed leading lights of establishment media journalism should have done days ago. As described in a Wall Street Journal editorial today, those two organizations have caught the Obama administration playing with the federal…

Since Tea Party protests became an influential movement on the national scene last year, the left in general and the liberal media in particular have tried (unsuccessfully) to render it irrelevant in the eyes of the American people. By throwing around accusations of racism and dire warnings of impending violence, these pundits have tried, unsuccessfully to undermine the movement.University of…

James Taranto of The Wall Street Journal found a liberal who cheered the recent Supreme Court decision on freedom of political speech: Floyd Abrams, an attorney who represented the New York Times successfully in the Pentagon Papers case in the 1970s. (He’s also the father of former MSNBC executive and host Dan Abrams). In the Journal's Weekend Inteview, Abrams told Taranto it’s ironic that so…

When Apple CEO Steve Jobs put the New York Times at the center of the ceremonious unveiling of his company's iPad tablet device, the implication was clear: this is the future of the news--or at least Jobs wants us to think it is. He stands to gain not only financially but politically as Apple becomes a major gatekeeper for information.The news media industry itself is divided on whether e-readers…

If you're totally reliant upon print media, some of the major newspapers that is, you might not have noticed the news about former Democratic Senator and 2008 presidential candidate John Edwards' admission that he was indeed the father of his campaign mistress's daughter. That story couldn't so much as garner a single front-page story from any of the nation's top five major newspapers - USA…

Last week, in his "analysis" of Barack Obama's proposed "bank responsibility fee," the Associated Press's Jim Kuhnhenn got one important thing right and two others very wrong.The part he got right was describing the proposed fee as a "tax." The first thing he got wrong was identifying the proposed move as a legitimate form of "populism." The second is his claim that the idea is "straight out of '…

It is a strange paradigm among much of the mainstream  media that plummeting poll numbers are of far greater import for Republicans than  they are for Democrats. That, at least, is the logical conclusion of the relative silence of major media outlets on the steep decline in President Obama's poll numbers compared with the decline in President Bush's.According to an Allstate/National Journal poll…

On Thursday, the Congressional Budget Office issued its Monthly Budget Review for December 2009. It estimates that December's federal deficit will be $92 billion when the Treasury Department releases its Monthly Treasury Statement on Wednesday, and that the deficit for the first fiscal quarter will be "about $390 billion." The CBO director's related blog post is here. The establishment press has…

The one good thing you can say about Andrew Freedman's "Cold weather in a hot climate" entry at the Washington Post's Capital Weather Gang blog (HT James Taranto at the Wall Street Journal's Best of the Web) is that he's at least not hiding his bias. Boiling it down, Freedman believes that weather broadcasters should use the occasions of heat waves and serious storms as global warming teachable…

In a Friday news analysis piece that appeared in the paper's print edition today (teased at its web site as seen on the right), Jackie Calmes at the New York Times began with a pathetic headline, and opened with pity on our poor overwhelmed, stressed-out, stretched-in-all-directions President: Obama Tries to Turn Focus to Jobs, if Other Events Allow President Obama keeps trying to turn attention…

Toyota and Ford are on the verge of catching Government/General Motors in monthly U.S. vehicle sales. Based on the sales trends at the three companies, GM may lose its domestic kingpin status in just a few months. I heard the December facts giving rise to the aforementioned tidbit on the radio Monday afternoon, and wondered whether the commentator came up with them on his own or if early wire…

Representative Pete Hoekstra recently indicated that the attempted bombing of Northwest Airlines Flight 253 should be a clue that helps the Obama Administration ‘connect the dots' on terrorism.While that remains unlikely with an administration more obsessed with right-wing extremists, man-caused disasters, and the impeccable success of our counterterrorism systems, perhaps it's time to start…

On Thursday, the Treasury Department issued a press release, called "Update on Status of Support for Housing Programs." Its fourth paragraph reads as follows: At the time the Federal Housing Finance Agency (FHFA) placed Fannie Mae and Freddie Mac into conservatorship in September 2008, Treasury established Preferred Stock Purchase Agreements (PSPAs) to ensure that each firm maintained a positive…