Economy

As rioters in England set buildings aflame, hurl stones into local shops, and rip flat screen TVs off of store walls, Reuters editor-at-large Chrystia Freeland viewed Prime Minister David Cameron's fiscal policies as the "really radical" culprit. "I think that this is the result of – directly the result of – the really radical austerity program that the Cameron government is imposing,"…

At the top of Wednesday's NBC Today, co-host Matt Lauer declared: "President Obama faces new criticism from members of his own party, is he doing enough to manage the [economic] crisis?...Should he, for example, demand that Congress cut short its summer vacation to address the situation?" In the segment that followed, the headline on screen read: "Dems Urge Obama to Get Tough With GOP &…

Washington Post staffer Juliet Eilperin portrayed proposed new federal regulations on heavy-duty trucks and buses as having hearty agreement by both environmentalists and trucking industry lobbyists. Unfortunately Eilperin left out the dissenting remarks of the Owner-Operator Independent Drivers Association (OOIDA), which blasted the rule change as harmful to the small-business truckers it…

Today CNN's Politics Web site carries the story "Republicans name fiscal conservatives to debt committee," written by Deirdre Walsh and Tom Cohen.  The piece begins: "Republican leaders on Wednesday named fiscal conservatives for their six picks for a new congressional "super" committee charged with crafting a plan to cut the country's deficit." OK, the GOP's selections would be seen by…

While Rep. Barney Frank (D-Mass.) was calling for troop withdrawal in Iraq and Afghanistan, and for that military spending to go to deficit reduction, CNN's Piers Morgan would not press him about U.S. military action in Libya – a decision authorized by Democrat President Obama. Frank has been a champion of cutting the defense budget and continued his screed Tuesday night, calling for a $200…

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):

ABC's Good Morning America on Wednesday ignored the $14 million failure of labor and liberal groups to win back the state senate in Wisconsin through a recall vote. Both CBS's Early Show and NBC's Today covered the effort to retaliate against that state's legislation stripping collective bargaining rights for public workers. Early Show's Elaine Quijano covered the story in a full report (…

Coverage of the debt battle and ratings downgrade by Soros-funded media outlets followed the standard liberal line. Conservatives are blamed for blocking tax hikes, the ratings agency itself is called unreliable, and increased financial regulations are called for. Forget the House proposal of Cut Cap and Balance. Further spending cuts aren't even given the time of day among top Soros-funded…

Update: Republicans have named their members of the so-called super committee. On the House side: Reps. Jeb Hensarling (Texas), Dave Camp (Mich.), and Fred Upton (Mich.). On the Senate side: Sens. Jon Kyl (Arizona), Pat Toomey (Pa.) and Rob Portman (Ohio). Sen. Harry Reid has made his selection of Democratic senators to serve on the Super Committee, a bicameral and bipartisan committee…

NOTE: This post replicates one which originally appeared on August 10 but was inadvertently deleted due to system complications two days later. For some reason, Associated Press reporters Eric Tucker and Thomas Watkins, in a story about the wave of flash mob crime in the U.S. this summer, felt compelled to find an "expert" who would express some sympathy for its participants. Well, they…

The primary argument conservatives made against presidential candidate Barack Obama in 2008 was that he lacked the proper experience and qualifications for the most important job on the planet. On Tuesday, Huffington Post's Howard Fineman, one of the many liberal media members that helped get the woefully lacking junior senator from Illinois into the White House, said on MSNBC's "Hardball,"…

Referencing Michael Moore's absurd tweet that President Obama should arrest the CEO of Standard & Poors for downgrading America's credit rating, CNN's Kyra Phillips actually asked her panel members who they would like to see arrested in the fallout of the downgrade. Whether or not the question was serious, Moore's tweet was. On Monday he implored President Obama , via Twitter, to "show…

Being a disciple of Saul Alinsky might not be so easy as it would appear. President Obama and his minions obviously can't decide whom to scapegoat for the nation's credit downgrade and our financial crisis. One thing is for sure: It's not in Barack Obama to accept personal responsibility for the consequences of his actions and policies. He still won't own this economy and the exploding…

Communist Cuba's Castro brothers may be asking themselves why they need to engage in any propaganda on their own when they have Associated Press's Images Division promoting photos of Dear Leader Fidel Castro as "iconic" and the brutal Ché Guevera as a "revolutionary hero." What follows is the text of an email NewsBusters and BizzyBlog commenter/correspondent Gary received from AP Images on…