Banking/Finance

During Thursday’s NBC Nightly News, NBC News Capitol Hill correspondent Kelly O’Donnell heaped praise on far left Democratic Senator Elizabeth Warren (Mass.), anointing her “the liberal wing’s newest star” as one of many to speak against the $1 trillion government funding bill being considered by Congress (which passed the House late Thursday night).  When one goes back to look at the program’s…

The Esquire blogger Charles Pierce says Elizabeth Warren’s economic message is popular, but, for reasons that include a Republican “campaign of vandalism” and Democratic ineptitude, she doesn’t get the credit she deserves for it.

Following President Obama’s speech on the economy on Thursday, the PBS NewsHour offered a 48-second news brief on the subject, in which co-anchor Gwen Ifill offered no opposing viewpoint to the President’s claim in his speech that “by every measure, the country is better off than when he took office.” The show then played a soundbite of the President, in which he lamented that “millions of…

During the Monday night newscasts of the major broadcast networks, both CBS and NBC provided coverage of the far-left global warming marchers in New York City who wanted to draw attention their liberal environmental causes and their disdain for Wall Street. Leading the way in promoting them was NBC Nightly News anchor Brian Williams, who told viewers in a 25-second news brief that the “…

Donna Brazile apparently liked yours truly's NewsBusters post yesterday. That post ripped the Associated Press's Pollyanna-like coverage of the U.S. economy, and carried the following headline which may have caused several spilled drinks and soaked monitors among the genuinely informed — "AP: ‘Humming’ and ‘Rising’ U.S. Economy Is a ‘World-Beater.'" About five hours after the post's…

At the top of the 9 a.m. ET hour on Wednesday's NBC Today, weatherman Al Roker suggested in jest that his colleague David Gregory deserved to be punched in the face by former President Bill Clinton after the Meet the Press moderator asked Clinton in a recent interview about wife Hillary being "out of touch." Roker joked: "You know, I'd give anything if after David finished the question, Bill…

A month ago, I noted that the establishment press has ignored an especially pernicious program undertaken by Eric Holder's Department of Justice and the Obama administration's regulatory apparatus, namely Operation Choke Point. On Thursday, a strong 321-87 bipartisan majority of the House passed H.R. 4660, the "Commerce, Justice, Science, and Related Agencies Appropriations Act (of) 2015."…

Charlie Rose invited on Timothy Geithner for the entire hour on his PBS show to plug his new memoir but never once asked him about the juiciest nugget in the book - that the White House told Geithner to lie to the media. On Monday’s edition of PBS’s Charlie Rose show, the CBS This Morning co-host never got around to asking the former Treasury Secretary about his revelation that White House…

In June 2006, the New York Times, over strident pleas not to from the Bush 43 administration, published details of how counterterrorism officials were "tracing transactions of people suspected of having ties to Al Qaeda by reviewing records from the nerve center of the global banking industry." According to the administration, the program had "helped in the capture of the most wanted Qaeda…

There’s a slow but steady drumbeat of support building up in the media for an Elizabeth Warren presidential run, and MSNBC is playing a huge part in it. On Wednesday’s All In, host Chris Hayes chatted with Esquire’s Charles Pierce about what makes Sen. Warren (D-Mass.) so great. Hayes began the interview by asking, “[W]hat is it about Elizabeth Warren that people love so much? There is some…

Five years ago, CNBC’s Rick Santelli reacted to the possibility of a mortgage bailout with frustration on live television. Quickly, his speech on the trading floor became known as the “rant heard round the world.” Santelli, an on-air editor who reports live from the Chicago Board of Trade, is frequently interviewed during “Squawk Box” and “Squawk on the Street.” It was during one of those…

Janet Yellen was confirmed as Federal Reserve Chairman on Jan. 6, but in spite of becoming one of the most powerful bankers in the world, the broadcasts networks continued to ignore her left-wing views. Instead of discussing Yellen’s support for fiscal stimulus and regulatory efforts, ABC, CBS, and NBC focused exclusively on her gender in recent news reports. In the first 24 hours following…

It's hard to know what's more ridiculously entertaining when choosing between Jesse A. Myerson's "Five Economic Reforms Millennials Should Be Fighting For," the illogical screed in Rolling Stone which would lead to the enslavement of those about whom he claims to be concerned, or Myerson's tweets as the opprobrium has poured in. Since Noel Sheppard at NewsBusters has handled Myerson's…

After spending about $2.3 trillion in stimulus since 2008, the Federal Reserve’s controversial quantitative easing (QE) strategy’s days may be numbered. MarketWatch expected a decision on the policy from the Fed on Dec. 18, following their two-day meeting. The policy has many critics including the former Fed employee who lashed out at it in a “Confessions of a Quantitative Easer” op-ed.…