By Anthony Kang | April 6, 2010 | 7:43 PM EDT

Everyone knows Fox isn't "the most trusted name in news," so who is? You guessed it - and at least one media tycoon agrees. Speaking at the University of Missouri as a guest-lecture, Craig Newmark - Craigslist founder and informal Obama technology-advisor - argued that Comedy Central is the most trustworthy news source.

Invited to discuss the future of journalism - where individuals virtually have an endless amount of resources in today's era of new media - Newark stressed how trust and credibility was paramount, emphasizing the exemplary dedication Comedy Central shows have for investigative reporting and fact-checking.

"[R]ight now I think the most trusted news show in the U.S. is the one that does the best investigative reporting and the most trustworthy reporting - and that's ‘The Daily Show,'" Newark said - and he wasn't joking. "Sounds like a joke - isn't."

By Lachlan Markay | April 2, 2010 | 6:09 PM EDT
David Shuster may be on his way to CNN, and the cable network may be realizing that it needs the likes of David Shuster -- a hyper-partisan liberal -- if it wants to compete with MSNBC.

The New York Observer reported today that CNN shot a pilot for a new show co-anchored by Shuster, at right in a file photo, and Michel Martin, an NPR reporter with a lower profile, but a noteworthy history of liberal bias.

I wrote a post on Wednesday noting that cable news generally caters to a more political audience. I posited that CNN's supposed attempts to cater to the "center" were not only inconsistent with the network's routinely liberal reporting, but in fact self-destructive, as they try to carve out a market that really isn't there. Apparently CNN got the memo.
By Anthony Kang | March 16, 2010 | 1:41 PM EDT
Michael Moore: crusader and "common-man" - with a net-worth in the range of $25-50 million, appeared on "Countdown with Keith Olbermann" with fill-in Lawrence O'Donnell March 15, continuing to fight the good fight against capitalism and health insurance companies.

Moore predicted the Democrats' ObamaCare will pass, "But this bill, as good as many of the thing are in the bill, you know - young people can stay on their parent's insurance until 26, that's a great thing - it's a death sentence for literally tens of thousands of people who are going to get sick, or have been sick, and because of their preexisting conditions."

To Moore, the current health care reform proposal does not go nearly far enough. He favors a universal single-payer system that would effectively be a government take-over of one-sixth the economy.

By Clay Waters | March 12, 2010 | 10:24 AM EST
Howell Raines was executive editor of the New York Times for 21 turbulent months before being forced out in June 2003, felled by the journalistic malpractice committed by a young reporter he supported, Jayson Blair, and his personal callousness and autocratic management style, as well as launching a feminist crusade against the Augusta National Golf Club (home of the Masters golf tournament) that embarrassed even fellow liberal journalists.

In retirement, the admitted "liberal to radical" Raines has settled into a Captain Ahab role against his sworn enemy, that two-headed white whale in charge of Fox News: news chief Roger Ailes and the network's owner, News Corp. founder Rupert Murdoch.

Back on February 1, Raines made his first appearance in the Times since leaving with a column ostensibly about the Greensboro, NC civil rights sit-in, but also about the deviltry that is Fox News.
Today, however, there's no denying that traditional reportage of political and social trends seems almost as out of date as segregation. Surely the civil rights movement would have been hampered by the politicized, oppositional journalism that flows from Fox News and the cable talk shows. Luckily for the South, that kind of butchered news was left mostly to a few extremist newspapers in Virginia and Mississippi and to local AM radio talk shows that specialized in segregationist rants.
By Anthony Kang | March 1, 2010 | 2:54 PM EST

You'd think the money man behind an array of left wing organizations wouldn't need CNN to get out his message about the death and "bankruptcy" of free-market capitalism, but there was left-wing billionaire and financier George Soros on "GPS" Feb.18

Interviewed by Fareed Zakaria, Soros said he disagreed with President Obama's decision to bail out the banks. Soros would have nationalized them. Soros also advocated for capping CEO pay, and imposing additional taxes on financial transactions and for banks based on size. 

Zakaria offered praise for Obama, saying "You can look at any (issue) all by itself, but I think he's done pretty well and in some ways hasn't gotten the credit for it because the crisis was averted. So now the Republicans can say ‘there was no problem, we didn't need to spend all this money."

By Jeff Poor | February 24, 2010 | 6:15 PM EST

Toyota is facing harsh scrutiny from the media and lawmakers - perhaps with justification. But there could be consequences for the U.S. economy.

And as Toyota (NYSE:TM) executives have endured two days of congressional hearings on the issues surrounding their potentially widespread defective products, the most aggressive questioners have been lawmakers from Michigan, home of the Big 3 automakers. A fact that led CNBC "Squawk Box" co-host Becky Quick to question if the federal government, with a huge stake in General Motors and Chrysler, are being a little unfair with Toyota on her Feb. 24 broadcast.

"We've heard from some congressmen, especially those later on in the show about the people and Congress people who are questioning Toyota at this point saying, they are doing this because the government has this big stake in GM?" Quick said. "To me, that seems a little crazy."

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By Lachlan Markay | February 8, 2010 | 5:13 PM EST
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 Virginia Professor Gerard Alexander explored this trend more generally in yesterday's Washington Post poses the question, pondering, "Why Are Liberals So Condescending?" In his column, Alexander details four types of condescension widespread among the far-left and omnipresent in its talking points. Perhaps unsurprisingly, all four have been employed by left-leaning journalists to bash the Tea Party movement.

"American liberals, to a degree far surpassing conservatives," Alexander writes, "appear committed to the proposition that their views are correct, self-evident, and based on fact and reason, while conservative positions are not just wrong but illegitimate, ideological and unworthy of serious consideration."
By Lachlan Markay | February 7, 2010 | 2:25 PM EST
Whatever your feelings about Sarah Palin or her politics, she literally represents the future of conservative messaging. She has shown the nation that a public figure who is absolutely reviled by the mainstream media can not only make a splash, but can dominate the public stage and attract the eyes and ears of the nation in ways almost no other figure can.

For the conservative movement, Palin represents a potential solution to the right's unending problem of a news media that consistently sides with the political opposition. She is the first public figure to utilize (and, in some cases, dominate) multiple media, including traditional (television, books) and new (Facebook, Twitter) media platforms. The sum of her efforts should be the model for conservative politicians and public figures going forward.

Palin reaches more Americans with a Facebook message (just under 1.3 million) than Keith Olbermann reaches during his 8 p.m. broadcast slot on MSNBC (roughly 1 million). Fox News now has plans to build a television studio in her home in Wasilla. Her recent book Going Rogue has spent 11 weeks on the New York Times bestsellers list, and has netted her somewhere in the 8-figure range.

The sum of all this says a lot about Palin, but also about the tremendous power of the media platform she has built for herself (with the help of an intelligent and capable staff). She has gone from a political corpse to one of the most prolific and influential persons in the conservative movement in under a year.

By Lachlan Markay | February 4, 2010 | 10:56 AM EST

Keith Olbermann's appeal has generally been his incendiary, attack-dog approach to the news. The approach paid off during the Bush administration when bashing the president was good business for a television host.

Since Obama's inauguration, Olbermann's ratings have been in free-fall, but MSNBC brass are still more than willing not only to keep him on the air, but to defend him against any and all critics.

Asked about Olbermann's plummeting ratings--they have declined 44 percent since last year--MSNBC President Phil Griffin cleverly invoked the cable network's slogan, saying MSNBC is still "the place for politics."

Griffin added, "there are times when politics does great, and there are times when it doesn't." Apparently there are also times when it does great on Fox, but not on MSNBC, like, say, right now. Ratings for the "O'Reilly Factor", Olbermann's 8 p.m. competition, have soared 55 percent during the past year, making it by far the most watched cable news show during that time slot. "Countdown", meanwhile, languishes just behind HLN's Nancy Grace in the coveted 25-54 demographic.

By Lachlan Markay | February 3, 2010 | 10:47 AM EST

Update - 2/4, 11:46 AM | Lachlan Markay: CBS News President Sean McManus has denied that the network will cut Couric's pay. Details below.

Katie Couric may be getting a taste of her own populist medicine. When the Dow hit 10,000 last October, she (and other network news personalities) used the opportunity to bemoan massive payments to Wall Street bankers. But now the populist sentiment has turned on her. She faces dramatic pay cuts as CBS News downsizes.

Couric, shown in a, er, file photo at right, "makes enough to pay 200 news reporters $75,000 a year! It's complete insanity," one CBS News insider told the Drudge Report. "We report with great enthusiasm how much bankers are making, how it is out of step with reality during a recession. Well look at Katie!"

The employee was referring to Couric's roughly $14 million annual salary, the highest in network news. That salary may be cut dramatically in the face of massive layoffs at CBS News branches in Washington, San Francisco, Miami, London, Los Angeles and Moscow.

By Lachlan Markay | February 2, 2010 | 5:49 PM EST

The left is up in arms over the Supreme Court's recent decision in "Citizens United v. the Federal Elections Commission". But few voices have been louder than those emanating from the echo chamber at MSNBC. It seems that the cable network's talking heads feel that their parent company, General Electric, deserves a special exemption to what should be a blanket ban on unrestricted corporate speech.

First a bit of background for those unfamiliar with the Supreme Court decision. The court struck down in a 5-4 ruling a ban on corporate (or union) spending on political speech specifically endorsing or attacking a candidate for office within 30 days of a primary or 60 days of a general election. It ruled that the ban violated the First Amendment.

Few liberals seemed to notice that in attacking corporate speech they were also effectively undermining their own employers, media corporations who employs them for the express purpose of engaging in political speech. Surely Keith Olbermann and Rachel Maddow would defend MSNBC's right to speak (and spend) freely without interference from the federal government--especially in the run-up to an election when free speech is most important and must be protected.

By Lachlan Markay | January 22, 2010 | 11:08 AM EST

During the 2008 presidential campaign, Americans were treated to a number of populist sermons on the "special interests" who would oppose "reform" at any cost to maintain the "status quo" from which they "profit financially or politically." The drug companies, the energy companies, the Wall Street bankers, and the health insurers were the corporate enemies of a just and harmonious America, or so one might have gathered.

Obama was at the vanguard of this populist charge. But since his election, he has proposed health care legislation that would subsidize Pfizer and PhRMA, a cap and trade plan that would drive profits to General Electric, and Wall Street bailouts that lined the pockets of the same Goldman Sachs bankers he so reviled during the campaign. What happened?

Washington Examiner columnist Tim Carney exposes and investigates this monumental disconnect in his new book "Obamanomics: How Barack Obama is Bankrupting You and Enriching His Wall Street Friends, Corporate Lobbyists, and Union Bosses." Carney explores the "political strategy of partnering with the biggest businesses in order to create new regulations, taxes, and subsidies." Those measures, he argues, actually benefit the biggest businesses by crowding out competition, consolidating market share, or giving billions in subsidies directly to those companies.