CNN Introduces Christie Hefner as One of Its 'Economic Analysts
February 2nd, 2009 5:54 PM
On Monday’s American Morning, CNN anchor John Roberts interviewed former Playboy CEO Christie Hefner, and introduced her as being “added to our roster of economic analysts.” Roberts also failed to mention Hefner’s long-time support for President Obama during the segment.The interview, which started just before the bottom-half of the 8 pm Eastern hour of the CNN program, began with Roberts giving…
ABC Warns That Cutting Food Costs Can Lead to Obesity
February 2nd, 2009 4:27 PM
ABC's "World News Sunday" found a new twist on the obesity crisis Feb. 1. Apparently, recession can "lead to a spike in obesity." Anchor Dan Harris introduced the "counterintuitive" report saying, "Americans are cutting back on food spending which could actually lead to a spike in obesity." Why? Because "eating healthy can cost more," ABC's Stephanie Sy reported.Sy worried about "cheap treats" "…
Cramer on Obama's Anti-Wall Street Comments: 'We Heard Lenin
February 2nd, 2009 4:09 PM
With all the populist sentiment generated from the economic slowdown by politicians, CNBC "Mad Money" host Jim Cramer is seeing eerie similarities with the comments of President Barack Obama and the words of a communist revolutionary. Cramer, appearing on MSNBC's Feb. 2 "Morning Joe," drew comparisons between remarks between the first head of the Soviet Union, Vladimir Lenin, and Obama. Obama…
Dead Wrong the First Time, NYT's DeParle Hits Welfare Reform Again
February 2nd, 2009 3:49 PM
Reporter Jason DeParle garnered Monday's lead story slot in the New York Times with an investigation into how the U.S. welfare system, which went through enormous changes in 1996 after President Clinton signed a bill replacing cash entitlement with work requirements and time limits, is functioning state by state during tough economic times ("Welfare Aid Failing to Grow as Economy Lags)." But…
Lauer Empathizes with Obama Over 'Sobering' Intel Briefings
February 1st, 2009 6:30 PM
Matt Lauer started his live interview with President Barack Obama, from the White House during NBC's Super Bowl pre-game show, on a light note, “So let me ask you the question that's on everyone's mind right now: How's it going living with your mother-in-law?” And he wondered if Obama now gets to read a story to his daughters “at night, tuck them in bed?” But the member of a press corps which…
Debunking the Myth that Government Spending Stimulates the Economy
February 1st, 2009 1:22 PM
Several years ago, the Media Research Center joined with then-Cato economist Stephen Moore (now with the Wall Street Journal) on a book “Dollars and Nonsense” debunking the news media’s top ten economic myths. First on the list was the canard that government spending and deficits stimulate the economy, a premise demolished in an essay written by the Nobel-prize winning economist Milton Friedman.…
Recession? NBC Stills Sells Out Record High Priced Super Bowl Ads
February 1st, 2009 1:19 PM
Despite what media members and government officials claim to be the worst economy since the Great Depression, NBC completely sold out -- at a record high price no less!!! -- its full complement of ads for Sunday's Super Bowl.If the economy was really as bad as we're constantly hearing, given this somewhat low marquee matchup -- this isn't the Giants vs. the Patriots or the Cowboys vs. the…
Campbell Brown Calls Out Rush Limbaugh to Debate Ali Velshi
January 31st, 2009 3:02 PM
CNN's Campbell Brown isn't happy with what Rush Limbaugh said about her colleague Ali Velshi Friday, and has invited the conservative radio host to debate him on her program.As some background, Velshi was on Brown's "No Bias, No Bull" show Thursday and claimed: "This is not the economy that Ronald Reagan ever saw or anybody with the last name Bush ever saw, or Clinton. We have not seen anything…
CBS ‘Early Show’: Obama Gives Wall Street A ‘Tongue-Lashing
January 30th, 2009 5:41 PM
Showing that Barack Obama is fighting for the common man, on Friday’s CBS Early Show correspondent Jeff Glor reported on the President’s reaction to big bonuses on Wall Street: "For a man who prides himself on being cool, this was a rare flash of anger, if planned. A tongue-lashing directly from the Oval Office, which is indicating now they will look to change the rules if Wall Street doesn't…
Weekend Captionfest
January 30th, 2009 3:00 PM
House Speaker Nancy Pelosi (D-Calif.) at a press conference in support of the Democrats' stimulus proposal, January 28, 2009. Photo AFP/Getty/Mark Wilson
BB&T CEO John Allison Blames 'Religious Belief' in Affordable Housing
January 30th, 2009 2:53 PM
Despite what the news media keep saying, capitalism and deregulation were not the causes of the financial meltdown. Instead, BB&T CEO John Allison pointed the finger at government creations like the Securities and Exchange Commission (SEC), Federal Deposit Insurance Corporation (FDIC) and Fannie Mae and Freddie Mac, the two government-sponsored enterprises that failed last year. Allison was…
Coulter: Double Standard for Liberal Pundits; Calls Olbermann a '57-Ye
January 30th, 2009 1:25 PM
Being an outspoken conservative in the media has proven dicey lately, as the Democrat-controlled Congress and White House are working toward seeing an $819 billion stimulus bill signed into law. According to Ann Coulter, there has been a double standard applied to those outspoken conservatives. Coulter appeared on the Fox News Channel's "America's Newsroom" on Jan. 30 to promote her new book, "…
GDP Better Than Expected: Have Media Overhyped Depression Talk
January 30th, 2009 11:35 AM
The Gross Domestic Product declined by 3.8 percent in the final quarter of 2008.It was bad, but nowhere near as bad as expected.Is it possible that all the hysterical gloom and doom emanating from the media is way overdone, and that things are not close to as apocalyptic as we've been told the past five months?Consider the actual numbers reported Friday morning by MarketWatch:
