Banking/Finance

It appears one should never say in Christiane Amanpour's presence Barack Obama isn't ideologically flexible. When former Congressional Budget Office director Douglas Holtz-Eakin did so on ABC's "This Week" Sunday, the host pushed back, "Do you think that’s true that he hasn’t shown flexibility since he's, he’s sort of come completely to the Republican tenor of the debate?" (video follows with…

Charles Krauthammer on Fox News's "Special Report" Friday offered Republicans a 2012 campaign slogan to defeat Barack Obama. "President Zero: zero economic expansion, zero jobs, zero ideas on how to cure the economy" (video follows with transcript and commentary):

Two weeks ago (at NewsBusters; at BizzyBlog), yours truly pointed out how establishment press coverage of the bankruptcy of Massachusetts-based Evergreen Solar had emphasized its Bay State assistance, and only rarely brought up how it benefitted by being able to sell solar panels it otherwise would probably not have bothered to produce to projects benefitting from American Recovery and…

It often amazes that liberals in this country revere New York Times columnist Paul Krugman as being an expert economist. Take for example Friday's intellectually challenged piece entitled "Bernanke's Perry Problem" in which the Nobel laureate accused prominent Republicans such as the Texas governor and Wisconsin Congressman Paul Ryan of preventing the Federal Reserve chairman from enacting…

Economist Ben Stein had some harsh words for Republican presidential candidate Rick Perry on "CBS Sunday Morning." Responding to comments the Texas governor made earlier in the week concerning Federal Reserve Chairman Ben Bernanke, Stein said, "I hope he'll get some moderation in his speech, and some lessons in economics, and soon" (video follows with transcript and commentary):

Liberals need to grow up and stop criticizing President Obama. So said Fareed Zakaria Sunday on the CNN program bearing his name (video follows with transcript and commentary):

In the view of the New York Times, everything that ails our nation is caused by Republicans. Consider Saturday's editorial disgracefully titled "Magical Unrealism: In the Iowa Debate, Republicans Fled From the Truth About the Damage Caused by Their Party":

The recent decision by Standard & Poor's to downgrade the U.S. credit rating to AA+ from AAA upset many on the left, especially those within the Obama administration. The White House lashed out at S&P and some in the news media did too. So Business & Media Institute decided to look back at six years of network (ABC,CBS and NBC) coverage of S&P. BMI found out that bulk of…

Banking analyst Meredith Whitney made a big mistake on CNBC Wednesday calling Tea Party members "freaked out white men who are unemployed" when Rick Santelli was about to come on the program. Not surprisingly, Santelli after his pre-market interview with Steve Liesman went right after Whitney's foolish comments even making it personal (video follows with transcript and commentary):

Obama advisers, Democrat senators, and terminally stupid ideologues that for days have blamed Standard and Poor's downgrade of America's debt on the Tea Party are sadly mistaken. Next to the President of the United States and his Party, those really responsible are members of the media.

On Monday's Early Show, CBS's Norah O'Donnell promoted the left-of-center talking point that Standard & Poor's recent lowering of the U.S.'s credit rating is a "Tea Party downgrade." O'Donnell played three sound bites of notable liberals using this line of attack, versus only one opposing from a center-right politician. She also spun Treasury Geithner's decision to stay as "good news for…

As NewsBusters reported Sunday, Senator John Kerry (D-Mass.) set off a liberal firestorm when he called Standard and Poor's U.S. credit rating change the "Tea Party Downgrade." On Monday's "Morning Joe," host Joe Scarborough told "terminally stupid ideologues" that "really don't understand" anything because they're "so dogmatic [they] can't think for [themselves]" to "stop using the Tea Party…

We've just spent the past month or so having politicians and the press tell us that if there was no debt-ceiling deal by August 2, the government might default on its debts (of course, Tim Geithner and Barack Obama could indeed have strategically defaulted if they had wished, but work with me here). But Sunday on Meet the Press, in a remark I expect will not be relayed much if at all by the…

As NewsBusters previously reported, MSNBC's Rachel Maddow was rewarded for lying about Rush Limbaugh on her program Thursday by getting a guest appearance on Sunday's "Meet the Press." The top brass at NBC should be pleased with their decision for Maddow proceeded to thoroughly misrepresent the reasons Standard and Poor's gave for downgrading America's debt Friday (video follows with…