Newsweek: Living Like it's
Newsweek has some prescriptions to save us all. We should live like it's 1899 instead of 2009. Don't use a dryer for your clothes, chop your own wood for heating fuel, buy a black and white TV because it's "just as good," and don't get the Internet or cable TV. Sheese, talk about a kill-joy!
Of course, the piece by Steve Tuttle isn't all stone-ageie, new-ageiness. Some of the points Tuttle…
Obama Protests aka Tea Parties Largely Ignored by Media
Since CNBC's Rick Santelli first suggested a Chicago Tea Party to protest President Obama's plans to "stimulate" the economy and bailout homeowners through unrestrained government spending, organized demonstrations have been occurring across the fruited plain.In fact, as Glenn Reynolds reported moments ago, there's one happening today in Cincinnati. Unfortunately, unless you frequent…
USA Today's Neuharth Blames Iraq for Economic Downturn
The current “money mess” is “primarily because we've spent or authorized more money on the Iraq war (its sixth anniversary is next Thursday) than we're putting into the stimulus program,” USA Today founder Al Neuharth contended in his weekly “Plain Talk” column on Friday. While “many Democrats as well as nearly all Republicans in Congress gave Bush” the authority to go to war in Iraq, “by…
LA Times Columnist Cheap Shots CNBC’s Larry Kudlow
Could this be a sign of things to come? Now that CNBC Chicago Mercantile Exchange reporter Rick Santelli has mysteriously disappeared from the spotlight after his criticism of President Barack Obama's mortgage proposal in February and now that CNBC "Mad Money" host Jim Cramer has been marginalized after his lackluster appearance on Comedy Central's "The Daily Show" on March 12, could the new…
So Why DID H. Rodgin Cohen Withdraw as Treasury's No. 2? Press Is Curi
There seems to be a wall of silence surrounding the sudden withdrawal of H. Rodgin Cohen (pictured at right) from consideration for the Number 2 job at the Treasury Department. The party line, according to ABC's This Week host and former Clinton administration adviser George Stephanopoulos, is that "an issue arose in the final stages of the vetting process." David Cho at the Washington Post…
'Daily Show' Host Stewart Blasts CNBC as 'Disingenuous at Best and Cri
It was supposed to be a moment of high drama - when Comedy Central "Daily Show" host Jon Stewart faced off with CNBC "Mad Money" host Jim Cramer. But it wasn't a fight, it was more of a beating. The "comedian," as Cramer recently called him, repeatedly bashed the financial network and its star host in a segment called "Brawl Street."The week-long feud began when CNBC reporter Rick Santelli…
Williams Connects FDR's 'Fireside Chats' to Obama
Brian Williams certainly has an affinity for FDR. Four months after suggesting the nation could “use a little FDR right about now,” though Rooselvelt's policies failed to end the Depression, on Thursday night he connected the obscure 76th anniversary of Roosevelt's first “fireside chat” in 1933 to President Barack Obama's efforts to fix the economy:76 years ago today, President Franklin Roosevelt…
Former Congressman Calls for Investigation of CNBC's Jim Cramer
Jim Cramer just keeps paying the price for his heresy. Ever since his March 3 remarks calling Obama's policies "greatest wealth destruction I've seen by a president," the CNBC "Mad Money" host has been under attack. First it was the back-and-forth with the White House, then he was skewered by comedian Jon Stewart. Now CNN and a former high-ranking public official have targeted him. Cramer, who…
NBC Perplexed by TARP-Recipients Lending to Foreign Countries
Too bad this particular report didn't include an expert that was railing against the TARP (Troubled Asset Relief Program) bailout before it was passed last October. They could have said, "I told you so." Global banks lending money to other countries including "the playground of the Middle East" may have angered Congressmen, but Lisa Myers investigation didn't point out that those critics of…
Swaps Stopped: Cities in LA Co. Were Doing Stimulus Funding Deals With
It seems that so-called stimulus package funding is being spread around so widely that some of its beneficiaries can't figure out how to spend it as intended. When it became clear to a few small cities in California's Los Angeles County that they didn't have appropriate transportation projects for their promised stimulus funding, they decided to sell the rights to that funding to other nearby…
ABC Blames Bank Robberies on Bad Economy
The ABCNews.com Law and Justice front page currently features an article, dramatically titled "Will Steal For Food: Crisis Creates Criminals." On that same page, alleged bank robber Bruce Windsor is featured in an orange jumpsuit above a caption that reads: "In poor economy, police have arrested a rash of atypical alleged bank robbers."
