Economy

Somebody really needs to find the Associated Press's Martin Crutsinger some OCD therapy. It seems that he has a not-magnificent obsession with the two major theaters of the War on Terror (yeah, I still call it that), and that he seemingly won't be able to conquer it without outside intervention. In his report on August's federal budget deficit, the AP reporter continued to cite the wars in Iraq…

Not everyone at the NBC Universal umbrella of networks got the gag order memo about the Sept. 12 march on Washington, D.C. Rick Santelli, who has been a target of the Obama White House and is credited with being the inspiration for the 2009 tea party movement, spoke out about how the media ignored the march. But, a year after the fall of Lehman Brothers, he was making the larger point that the…

The National Newspaper Publishers Association (NNPA), also known as the Black Press of America, which is a non-partisan 501(c) 3 tax-exempt organization, has decided to show its disapproval of South Carolina Rep. Joe Wilson's "You Lie" remarks by canceling a convention in the state. "Rep. Wilson's remarks were racist, disrespectful and a disingenuous violation - not only of President Obama - but…

About a year ago, then-Senator and Democratic nominee Barack Obama managed to seize control of the issue of taxes from the Republican Party by promising lower taxes for "95 percent of Americans." But today it's a drastically different situation. Obama's $787-billion stimulus has been passed into law and the administration is taking on higher deficits, which will only increase if a Democrat…

Maybe there's a reason why the media have either denigrated or completely ignored the Sept. 12 march in Washington, D.C. - they were highly critical of their job performance as well. Aside from protesters taking on CNN reporter Lisa Desjardins, as NewsBusters Matt Sheffield pointed out, there were also other pockets of backlash against media evident at the march, which were captured on video (…

In a Sunday "uh-oh" review of 2010's electoral landscape as it applies to nationwide congressional races, the Associated Press's Beth Fouhy insulted GOP voters while effectively implying that they are the only ones who oppose ObamaCare, "reckless spending, and high debt." The foundation of Fouhy's piece is a fear that Democrats may be in peril of losing their House majority in 2010. Funny, when…

Early this morning (at NewsBusters; at BizzyBlog), I posted on the Associated Press's treatment of the firing of two employees at ACORN's Baltimore office. These employees were successfully stung by undercover filmmaker James O'Keefe, who posed as a pimp (one who said he has plans to use the money from his "enterprise" to run for Congress), and Hannah Giles, who posed as a prostitute. In a pair…

Thursday night, the Associated Press reported on the Baltimore ACORN sting carried out by James O'Keefe of Andrew Breitbart's new BigGovernment.com web site. A paragraph near the end of the report is virtually a de facto commercial for the controversial group. As to the sting itself, in case you missed it -- in two devastating videos originally posted here that you must see, O'Keefe and Hannah…

The Dow Jones Industrial Average (DJIA) has climbed nearly 45 percent since hitting a March 9 low. The S&P 500 (S&P) is up nearly 53 percent. And the NASDAQ (NASDAQ) has soared a whopping 61 percent since the March bottom. But that rally has some analysts shaking their heads. Art Cashin, a CNBC regular who also makes frequent appearances on CBS and NBC news programs to offer insight on…

If your blood pressure can stand it, you can learn a lot about how the Apparatachik Press -- er, the Associated Press -- operates as you watch a news story evolve, or I should say devolve. The wire service often reworks adequately-written stories with no new developments for no apparent reason other than to add bias and/or remove inconvenient truths. A classic example of this occurred in the…

If you rely only on the three major broadcast networks or one of the top major national papers as your news sources, the name "Van Jones" might prompt you to say,"Who?" But, while the media had difficulty reporting on Van Jones the embattled member of the Obama Administration, it had no such trouble covering Van Jones the anti-Iraq War protestor. Jones, who was President Barack Obama's so-…

The Obama administration and its car-czar group appear to be intent on teaching someone who got in their way a brutal lesson. If there's another way to interpret what is going on involving the "Old Chrysler," the company's first-lien secured lenders, and the US Treasury, I want to know what it is.

While arguing with Republican National Committee Chairman Michael Steele about health care reform on Wednesday’s CBS Early Show, co-host Harry Smith proclaimed: "...if the public option is socialism, then what is Medicare?....That people overwhelmingly think works pretty well for them."Steele pointed out Medicare’s obvious flaw: "Medicare’s a government-run program that is not – that is not doing…

Since hitting their lows back in March, financial markets have rallied in the wake of last year's financial crisis. The Dow Jones Industrial Average (DJIA) is up 43 percent since March 9. But can it last? It could be all given up with this rate of government spending according to CNBC "Mad Money" host Jim Cramer. Cramer, responding to a viewer e-mail on his Sept.8 program, explained what a…