Banking/Finance

Wait a second: wasn't it just this month that Hillary's handlers announced they were going to have her show a warm 'n fuzzy side, with more "heart?" So who was the genius who coached Clinton to announce that as president she would "impose much harsher restrictions" on financial institutions under Dodd-Frank? She'll "impose much harsher restrictions?" Brr! Isn't that the Stone Cold Hillary…

Joining new Late Show host Stephen Colbert on Wednesday’s show, Democratic Senator Elizabeth Warren (Mass.) received quite the welcome as the liberal late-night host compared her to Batman and repeatedly urged her to consider running for president. Near the tail end of his opening monologue, Colbert hyped that Warren “has launched a one-woman crusade against the billionaire class” and is “like…

The business press just can't understand why the Federal Reserve decided not to raise interest rates on Thursday. After all, these alleged journalists have been telling us for months bordering on years that U.S. economy is really in good shape. So it should be able to handle a rate hike, especially after over seven years of rates at essentially zero. The problem is that they now believe their own…

The business press is trying to convince readers, listeners, and viewers that Janet Yellen's Federal Reserve kept interest rates at zero not because of U.S. economic conditions, which supposedly "look good" with "steady economic growth." No-no. She stayed the course because of the troubled tglobal economy. Thursday evening, Reuters wrote that the Fed failed to move "in a bow to worries about the…

In his MSNBC show The Last Word Tuesday evening, Lawrence O’Donnell dedicated a segment to describing his opinion of what “good and bad socialism” looks like. Naturally his example of “good” socialism included the man and policies Bernie Sanders. It also included a 6 year old cover from Newsweek magazine that proclaimed “We Are All Socialists now,” which detailed how it's becoming normal (and…

Mientras Puerto Rico, bajo el liderazgo del socio del Presidente Obama, el gobernador Alejandro García-Padilla (D) ponía en mora los pagos a los acreedores, Univisión transmitió un informe completamente parcializado sobre manifestaciones contra la "austeridad" en frente de una firma de inversiones con sede en Nueva York.

The current headline at a June 29 New York Times story by Peter Eavis, also appearing on the front page of today's print edition, is "Loads of Debt: A Global Ailment With Few Cures." But the last portion of the story's web address is "... trillions-spent-but-crises-like-greeces-persist.html." That's because the original headline, the one used at the Times's Twitter account — was "Trillions Spent…

In their coverage Monday night of the debt crisis in Greece, ABC and NBC refused to label the current Greek government as socialist, far-left, or even left-wing with ABC neglecting to even explain why Greece has found itself in such a precarious position as they stand to possibly default on their billions of dollars in debt and/or leave the Eurozone. In contrast to both networks, the CBS Evening…

When it comes to the word “freedom,” liberals and conservatives long have told each other, in effect, “I do not think it means what you think it means.” Take Katrina vanden Heuvel, editor and publisher of The Nation, who in a Tuesday Washington Post column urged presidential candidate Hillary Clinton to endorse a “far more expansive” concept of freedom than the right’s “constrained notion” that’…

Reacting to Rick Perry’s announcement that he is running for president, MSNBC's Mika Brzezinski cheered the former Texas governor’s populist message. After playing a clip of Perry saying the “American people see a rigged game where the insiders get rich [and] the middle class pays the tab,” on Friday's Morning Joe Brzezinski couldn’t contain her excitement. She shouted: “It’s Elizabeth! It’s…

Even Charles Babington at the Associated Press, for once not the completely beholden Administration's Press, seemed to be having a hard time buying what Democrats at a meeting in Philadelphia were selling. Unfortunately, he decided to let Joe Biden's direct contradiction of his party's congressional delegation's sunnyside-up stance on the economy go unreported. In a video carried at the Weekly…

In a reversal of a key proposal from his State of the Union address, President Barack Obama moved on Tuesday to drop the plan to tax 529 college-savings accounts after outcry from members of both parties and a direct appeal on Air Force One from House Minority Leader Nancy Pelosi (D-Calif.). When it came to the networks covering this backtracking by the President on this deeply unpopular idea…

Well, they're nothing if not consistent. When the Obama administration lost a court ruling against its ban on Gulf of Mexico drilling after the BP oil spill, it simply issued another ban. When it lost at the Supreme Court in the Hobby Lobby case, it just issued a new rule which hardly differed from the one the Court nullified. Now, when it becomes clear that the administration won't get the…

The Esquire blogger argues that anti-Obamacare lawsuits and an effort to weaken Dodd-Frank derivatives regulation are examples of how “the slow, steady and inexorable campaign to render this president a non-person in the long sweep of history continues apace.”