Economy

When CNN's Piers Morgan preached that corporations should consider actions in the national interest over the wants of their "ever-fattening shareholders," New Jersey Governor Chris Christie (R) called him out for "demagoguing" the issue. In an interview that aired Tuesday night, Morgan suggested that companies like Apple should "take a hit" and bring a percentage of their jobs back to America…

Rising gas prices used to be big news, but not so these days. Although the national average climbed to $3.56 on Feb. 20, setting a February record after going up nearly a month straight, there was far less coverage than in 2008. Broadcast networks repeatedly covered the rise under the Bush presidency. Gas prices bounced around eventually reaching $3.56-a-gallon on April 24, 2008. The…

Since when does a "few" mean thirteen? The answer appears to be: "When Barack Obama says it does, and when the press won't call him in it." Rush Limbaugh today talked about a January 25 speech President Barack Obama made at Conveyor Engineering and Manufacturing in Cedar Rapids, Iowa, and pointed to a particular segment demonstrating in his view that Obama was deliberately "downsizing the…

The current system of economic growth is unsustainable, and people should “try to avoid banks,” “consider gardening to grow your own food,” and reject the advances of globalization. That’s not a clip from National Geographic’s “Doomsday Preppers.” That is the latest message of doom and gloom from the environmental movement. Incubate Pictures produced a nearly 35 minute animated film titled “…

By now you’ve likely read or seen Republican presidential candidate Rick Santorum talking about Barack Obama’s “phony theology.” Unfortunately, in their attempt to accuse the former Pennsylvania Senator of impugning the President’s religious beliefs, America's media collectively cherry-picked from a 41 minute speech to completely misrepresent what Santorum actually said (video follows with…

One thing I’ve learned in the year I have spent tracking General Motors cum Government Motors (GM) - and all its Crony Socialist, green non-energy “energy”, flammable absurdities - is the fact that the car media are every bit the Leftist open-channel steno pool as are the political media.   And with President Barack Obama running for reelection in large part on the utterly failed “success” of…

Since the first Occupy Wall Street protest, you haven't been able to swing a dead cat in this country without hitting an Obama-loving media member carping and whining about income inequality. Yet according to this chart created by the nation's largest federation of trade unions the AFL-CIO, the difference between average CEO and average worker pay has been plummeting since the year 2000:

Newsweek's Eleanor Clift on PBS's McLaughlin Group Friday voiced predictable praise for President Obama's just released budget claiming you can't "drastically cut a deficit before you invigorate the economy or you’re going to look at a lost decade." National Review's Rich Lowry quickly refuted this nonsense telling his progressive co-panelist, "This isn’t a Keynesian budget. It’s a flat out…

Syndicated columnist Charles Krauthammer on Friday marvelously exposed the poor state of American politics and today's media. While the entire panel on PBS's Inside Washington gushed and fawned over this week's bipartisan agreement to extend the payroll tax holiday through the rest of 2012, Krauthammer said it was like buying crack cocaine - "A payroll tax cut has no effect at all, it’s going…

In anticipation of Michigan's GOP primary the liberal media have been playing up Barack Obama as the savior of Detroit and turning Mitt Romney into its villain. Even though the auto bailout has cost taxpayers $14 billion the liberal media have been championing Detroit's "comeback" as a victory for the Obama administration. On Thursday's CBS Evening News, Dean Reynolds practically crowed, as…

Despite the cost of the auto bailout to taxpayers, CNN hailed the subsequent resurfacing of GM as a "pretty amazing" feat and took a jab at the original opponents of the bailout, which included current presidential candidate Mitt Romney. Thursday's John King, USA featured fill-in host Kate Bolduan and business correspondent Ali Velshi wagging their fingers at Romney and the naysayers.     "…

The New York Times’s most reliably conservative-loathing columnist, Paul Krugman, was interviewed for the March issue of Playboy, where he defended Occupy Wall Street (never mind all the crime and arrests), claimed that “environmental regulations could actually be creating jobs right now,” and defended his loathsome blog post from the morning of the 10th anniversary of 9-11. Sympathetic…

In “For London Youth, Down and Out Is Way of Life,” New York Times reporter Landon Thomas Jr. came up with a sparkling new solution to the looters and rioters who stole sneakers and cell phones in last summer's nationwide rampage: Taxpayer-funded job training! Thomas last got Times Watch’s attention last December with his bizarre hypothetical of what might happen if Europe abandoned it’s…

On Friday's CBS This Morning, Rick Santorum pushed back against Charlie Rose's interrogation about supporter Foster Friess's recent "bad off-color joke" on contraception, all but name-dropping former Obama pastor Rev. Jeremiah Wright as an example of the media's double standard on playing "gotcha" politics with Republicans, but not Democrats. Rose initially countered, "This is not gotcha;…