CNN's Parker-Spitzer Endorse Matt Taibbi's Anti-Conservative Message

November 9th, 2010 7:52 PM
CNN's Kathleen Parker and Eliot Spitzer endorsed Matt Taibbi's bashing of conservatives on their Monday program. Spitzer marveled over the Rolling Stone editor's "brilliant" label of the Tea Party as "15 million pissed-off white people sent chasing after Mexicans on Medicaid." This was the second straight evening that the network brought on an anti-conservative author to promote their latest…

At AP, a Really Odd Headline in a Poorly Prioritized G-20 Story

November 9th, 2010 3:17 PM
A current headline at an Associated Press story (saved here at my web host in case it's updated) has to be seen to be believed: G20 leaders meet amid strains as US splashes cash "Splashes cash"? If the AP's headline writer was trying to be cute, it didn't work for me. Sadly, replacing "splashes" with "trashes" might have been more appropriate, but of course less "funny."

Here We Go Again: Climate Taxes on the Table, Accompanied by Usual Med

November 7th, 2010 9:40 AM
They're back, they have their media water-carriers in place, and the Obama administration is smack dab in the middle of it. The United Nations is pushing for countries in the developed world to keep their "promise" to, in the worlds of Charles J. Hanley at the Associated Press,  "raise up to $100 billion a year in new money for poorer countries to cope with climate change and reduce their…

Maher: GOP Voters a 'Fringe Group;' Fox News Spreading 'Misinformation

November 2nd, 2010 9:18 AM
HBO's Bill Maher spouted his usual anti-conservative and anti-Fox News rhetoric on Monday's Situation Room on CNN, attacking the Tea Party movement as "teabaggers [who] are all carrying the banner...of corporatist America" and accusing CNN's competitor of "filling people with misinformation." Maher also labeled Republican voters "far right" and a "fringe group of people who are very forceful…

Reid 'Depression' Remark Ignored by AP Until GOP Responds; TARP 2008 D

October 23rd, 2010 10:23 AM
When a Democrat or leftist makes an ill-advised remark, it seems that there's a three-stage process at the Associated Press, and perhaps in most other establishment press outlets, for handling it. It goes roughly like this: Stage 1 - Ignore it as long as you can. If there isn't much outcry, keep ignoring it. Stage 2 - If there ends up being enough of an outcry from conservatives or…

Scooped: British Publication Tells Us Uncle Sam Having Problems Unload

September 27th, 2010 1:08 AM
You would think someone in the U.S. establishment press would be following Uncle Sam's progress or lack thereof in getting out from under its investment in Citigroup, especially since the government promised that it would be fully divested from the bank holding company by the end of this year. From all appearances, you would be wrong. It looks like the government may not be able to keep that year…

Movie Review: 'Wall Street' Sequel Attacks Debt, 'Cancer' of the Finan

September 24th, 2010 11:15 AM
"Greed, for lack of a better word, is good." That was the defining line of Oliver Stone's 1987 film "Wall Street," and his attack on the financial system that the news media would use for decades to portray businessmen as villains. The theme Stone wants viewers to take away from his sequel, "Wall Street: Money Never Sleeps," was tucked away in the credits of his film on a greenback. "In…

Lib Economist: Second Great Depression a Fiction Created by Wall Stree

September 21st, 2010 11:22 AM
One of the Left's most esteemed economists, the liberal Center for Economic and Policy Research's Dean Baker, claimed Monday the "Second Great Depression," the term given to what many believed the country was heading for if drastic government action wasn't taken in the fall of 2008, was all a fiction created by Wall Street to get bailed out.In Baker's view published at the unashamedly liberal…

Media Heresy: Bill Clinton to Blame for Horrible Economy NOT Bush

September 15th, 2010 4:03 PM
Since the financial industry collapse two years ago, dishonest media outlets and their employees have continually blamed George W. Bush for the implosion that occurred in the fall of 2008 as well as the resulting recession.NewsBusters has regularly pushed back on this historically inaccurate premise specifically pointing to two crucial pieces of legislation signed into law by former President…

AP, Crutsinger Publish Three Clear Falsehoods in Report on August Defi

September 14th, 2010 6:03 PM
I tried to find a nicer way to put it in the headline. But I can't. At the Associated Press, Economics Writer Martin Crutsinger's apparent plug-and-play report less than an hour after the issuance of Uncle Sam's August Monthly Treasury Statement on Monday (his item is time-stamped at 2:56 p.m., which follows the Treasury Department's 2:00 p.m. release by less than an hour) contains three…

George Will Helps Arianna Huffington Make a Fool of Herself on This We

September 12th, 2010 1:53 PM
As NewsBusters has previously reported, liberal Internet publisher Arianna Huffington is breathtakingly ignorant when it comes to basic economic theory.On Sunday, she proved it again by making an absolute fool of herself on ABC's "This Week." With the "Roundtable" segment beginning on the subject of the economy, Huffington noted how the failure of the banking bailout to stimulate growth was "…

ABC's Diane Sawyer Promotes 'Change Agent' Arianna Huffington and Her

September 8th, 2010 12:14 AM
ABC’s Diane Sawyer gave Arianna Huffington a rare gift on Tuesday night: An entire World News segment devoted to promoting the left-winger’s new book, Third World America: How Our Politicians Are Abandoning the Middle Class and Betraying the American Dream, and her Huffington Post site. Though a matching ABCNews.com posting described Huffington as a “liberal commentator,” no iteration of liberal…

Robert Reich: Stimulate Economy With 90% Tax On Top Earners

September 3rd, 2010 12:51 PM
Can you imagine what would happen to the economy if top wage earners were taxed at 70 to 90 percent?Former Clinton Labor Secretary Robert Reich can, and he thinks it's a great idea.To be sure, many Americans were concerned that giving Democrats control of the executive and legislative branches of our government during an economic crisis could usher back in socialist tendencies first seen in this…

Shock at CNN: Banks Doing More than Obama for Homeowners

August 30th, 2010 3:38 PM
To the surprise of CNNMoney.com’s Tami Luhby, the market is doing something more efficiently than a government program. While this isn’t news to many, at CNN, it’s a revelation.It seems “banks are doing nearly twice as many modifications under their own foreclosure prevention initiatives than under the Obama administration's signature Home Affordable Modification Program, known as HAMP,”…