Economy

We'll have to wait and see if the so-called outside-the-box thinking once praised by some of liberal media elites will get the same reception with this latest edition. In 2005, University of Chicago economist Steven Levitt and New York Times journalist Stephen J. Dubner released the book "Freakonomics" that provided cover for the pro-abortion movement in America by suggesting legalized abortion…

It would appear that the Apparatchik Press -- er, the Associated Press -- thinks that part of its job is to soften the impact of embarrassing admissions made by Obama administration members. Take the wire service's Thursday afternoon AP report by Jim Kuhnhenn on Council of Economic Advisers' chair Christine Romer's observations about the stimulus package. Romer said (in AP's words) that "the…

If MSNBC is the "place for liberal politics," CNN is the place for latent America bashing, especially its corporations. On his Oct. 22 CNN program, Rick Sanchez wore his American guilt like a badge of honor and said he wasn't going to stand for America to look bad because of what a corporation had been accused of doing, in this case Chevron (NYSE:CVX), whether they did it or not. "We do a lot…

Over the past couple of weeks, the White House has piled on the Fox News Channel, with a trio of high-ranking administration officials publicly criticizing it, followed by words from President Barack Obama himself about Fox News and topped off with the White House attempting to exclude Fox from the White House press pool. That has some members of Congress questioning why they are doing this..…

As I pointed out Monday night (at NewsBusters; at BizzyBlog), Associated Press reporter Martin Crutsinger, in his Saturday morning report on the federal government's full-year fiscal results, conveniently "forgot" about a major accounting change that enabled President Obama's Treasury Department to report a final "deficit" of "only" $1.417 trillion. That's hundreds of billion of dollars lower…

Just when you thought the White House couldn't possibly do anything to make their bizarre feud with the Fox News Channel an even larger spectacle - the administration manages to take it to another level. Over the past two weeks, three White House officials have publicly criticized the Fox News Channel by denigrating its status as a news outlet - White House Communications Director Anita Dunn,…

The Federal pay czar announced that executives in companies that took bailout funds from the Troubled Asset Recovery Program should not receive the bonuses that were announced recently. And there are rumblings about extending government reach into the executive compensation at all publicly traded companies. That would be just fine with Harry Smith at CBS's "Early Show." On Oct. 22, Smith…

Worried about a potential slippery slope with the Obama administration dictating what people are paid in the private sector - TARP bailout or no TARP bailout? Message from CNBC's Jim Cramer: Get over it. On CNBC's Oct. 21 "Street Signs," the "Mad Money" host ripped into Wall Street executives that objected to the government dictating the rules of compensation. Opponents argue these pay…

  Showing that Reverends Al Sharpton and Jesse Jackson have become interchangeable, in the 2:00PM ET hour on MSNBC, anchor Contessa Brewer mistakenly introduced Jackson as Sharpton: “Joining me now to talk about this and the nation’s real problem of joblessness, the Reverend Al Sharpton....I’m so sorry, the – the script in front of me said Reverend Al Sharpton...I know who you are, Reverend…

Want to make a big splash to bolster your chances in a political campaign? A tried and true strategy for some attorneys general has been to champion a populist position by exploiting the legal system for publicity. Just look at the lead up to the launch of former New York AG Eliot Spitzer gubernatorial campaign with his attacks on Wall Street. And that appears to be the playbook California…

MSNBC's David Shuster declared yesterday's fake Chamber of Commerce presser at the National Press Club the "Best prank of [the] week" on his Twitter page shortly before 5:30 p.m. EDT today. He added a link taking readers to the left-leaning blog Talking Points Memo.A group of liberal environmentalist activists punked some journalists by throwing a press conference claiming to represent the…

On Oct. 20, Media Research Center Vice President of Business & Culture, appeared on the Fox Business Network to discuss recent calls from journalists and liberals for government intervention in America's ailing newspaper industry. "I can hardly believe that the Washington Post would publish an editorial asking for a taxpayer bailout of newspapers," said host Stuart Varney. "Tell me I…

Though its $1.4 trillion red-ink result was mostly known well ahead of its final issuance, the Treasury Department either conveniently got its year-end accounting work done in time for a Friday afternoon release of the final Monthly Treasury Statement, or held it until that time. Last year's report was released on Wednesday, October 15. The final statement shows receipts of $2.105 trillion, "…

Liberal New York Times columnist Gail Collins appeared on Monday’s Good Morning America to complain that one of the biggest unresolved issues for women is a lack of government-provided pre and after-school care for children. She complained, "And we still have not come near dealing with the question of who takes care of the kids if both parents are out working." Highlighting the favorite bogeyman…