Economy

It's obvious The Washington Post's "Style" section is broadening it horizons beyond fashion, music, books and other fluff, plus of course - Howard Kurtz's media column and the comics. The editors of that section are tackling important events that changed history by commemorating them as milestones. The Post's Oct. 29 "Style" section allotted two-thirds of the front page to observing the 79th…

On Tuesday, Editor & Publisher released daily and Sunday newspaper circulation figures from the Audit Bureau of Circulations as of September 30, along with percentage changes from the preceding year. Showing that the press can't even report accurately about itself E&P's accompanying commentary vastly understated the situation:Most Major Papers Continue Circ DeclineAccording to ABC for the…

Jeff Cohen, founder of FAIR—a self-described progressive media watch group—now a professor of independent media at Ithaca College, invited me to address his class of student bloggers this afternoon.  Asked to name some of the fairer MSM journalists, I included David Gregory on my short list.  That could understandably come as a surprise to those who remember Gregory from his days as NBC's chief…

Bob Shrum has made an addition to the growing list of things you can't say about Obama, because it's racist: don't you dare suggest Obama's never done anything hard.Dem Shrum issued his diktat while debating Ed Rogers, a veteran of the Reagan and Bush 41 White Houses, on today's Hardball. Shrum seized on and distorted Rogers' statement, manifestly made in the political sense, that Obama had "…

First it was Barack Obama's encounter with Joe the Plumber. Then there was his 2001 interview at Chicago radio station. Today, Ed Morrissey at Hot Air highlights yet another in what is turning out to be a long line of links and other items proving that Democratic candidate Barack Obama is a longtime dedicated, doctrinnaire soc-, soc-, (yes, we're still allowed to say it) socialist.It comes from…

Sometimes former CEOs have a reason to be downbeat when they make predictions. Former Chairman and CEO of Citigroup Sanford Weill told CBS's "The Early Show" Oct. 28 that unemployment would hit 9 percent and that Wall Street CEOs "didn't deserve bonuses this year." It went something like this: Well, I think we've set in motion a whole series of events that is going to make the economy…

Sometimes government tries to fix the problem; then it makes the problem worse. In 2004, economists at the University of California, Los Angeles (UCLA), studied the policies of President Franklin Roosevelt's New Deal and determined it actually prolonged the Depression by seven years. Harold L. Cole and Lee E. Ohanian blamed anti-free market measures for the slow recovery in an article…

At National Review Online today, Bill Whittle does a tremendous job dissecting the content of Barack Obama's 2001 interview at Chicago public radio station WBEZ. But he also has some insight into the source of the audio and some choice words for a media elite that has spent nearly two years failing to do even the most basic digging into the Democratic candidate's background and associations. Here…

Imagine that a week before a presidential election, a radio interview surfaced in which the Republican candidate had called for, say, the abolition of Social Security. Now imagine the broadcast networks' reaction to that nugget: "We interrupt regularly-scheduled programming for this Breaking News," followed by 24/7 coverage with talking heads pondering the devastating impact on America's seniors…

If you want to see an example of the media employing a subtle undercurrent of disdain for Republicans and praise for Democrats, you can't get any better example than the masterful effort at left leaning propaganda that the Boston Herald unleashed on October 26. Even the headline is artful for the negative image in which it casts McCain’s actions while simultaneously presenting Obama as the…

Who wrote the following?:"Societies in which the few are allowed to fatten themselves without limit on the labor of many are not just."A. Friedrich EngelsB. William AyersC. Michelle ObamaD. Timothy RuttenAny of the answers would make sense, but the headline kind of gave it away. It was Timothy Rutten of the LA Times who penned that immortal line in his column of today.  In doing so, Rutten echoes…

You know the news media is doing a poor job of covering Sen. Barack Obama and his running mate when a supporter of the Democratic ticket criticizes the media for giving them a "pass." Megan McArdle, a blogger for TheAtlantic.com who has said she's voting for Obama, slammed the media in an appearance on Reason.tv's "The Talkshow" for not bringing up Sen. Joseph Biden's past as a "corporate…

Are some in the media enjoying the down Dow? It certainly seemed that "Good Morning America" co-anchor Chris Cuomo was embracing a bit of schadenfreude during the Oct. 24 show - seemingly relieved he could find "some comfort" that other nations are undergoing economic problems just like the United States. As the markets were beginning a very downbeat start, reporter Bianna Golodryga detailed the…

CNBC's Maria Bartiromo on Thursday excitedly told viewers that an intra-day rally which had brought the Dow Jones Industrial Average from down about 275 to up over 170 was caused by rumors that the presidential race had tightened.I wonder if these rumors will get reported by Obama-loving press members.With about fifteen minutes to go in the trading session, the camera found a suddenly happy…