Economy

It's not often someone in the media challenges the liberal point-of-view - especially on the issue of taxes when they become a means to redistribute income. CNBC "Squawk Box" fill-in co-host Michelle Caruso-Cabrera wasn't afraid to buck the trend and challenge Democratic presidential nominee Sen. Barack Obama's senior economic adviser Austan Goolsbee. Goolsbee appeared on the August 14 "Squawk…

You would think that someone working for the self-described "Essential Global News Network" known as the Associated Press as an Education Writer might go beyond using the Copy and Paste commands in reporting on national college entrance exam test scores. From all appearances, you would be wrong. AP Education Writer Justin Pope's report on the 2008 ACT exam results appears to contain nothing that…

Maybe it was a stab by Charles Gibson to provide a national group therapy session for his 8 million viewers, but the ABC "World News" anchor aggressively questioned ExxonMobil CEO Rex Tillerson on the August 14 broadcast for "obscene" profits and asked him to "justify" the company's success. "As we said earlier, Rex Tillerson - who is the board chair and CEO of ExxonMobil, doesn't talk often to…

Last month, it was the Associated Press's Jeannine Aversa's turn to mishandle the reporting on Uncle Sam's Monthly Treasury Statement on the government's receipts, spending, and deficit. Aversa's usual specialty is hallucinating over "blizzards of pink slips" and "jobs vanishing into thin air" when she does her "report," aka her downbeat propaganda piece, on the government's monthly jobs release…

If any further evidence was needed to prove that the country is in a recession, the CBS Early Show found it, as co-host Maggie Rodriguez declared: "Coming up this morning, during hard times in some U.S. cities, they're as good as gold. Manhole covers being stolen and sold for scrap." Co-host Harry Smith later introduced the segment on this desperate trend: "Across the country thieves are stealing…

Chris Matthews:  Back With an Obamania Vengeance . . . If Barack Obama makes it to the White House, perhaps he should appoint Chris Matthews Commissar of Gosplan, the Commission charged with developing the economy's Five Year Plans.  The Hardball host, back from vacation, displayed the enthusiasm of a dutiful apparatchik in praising an Obama ad that in turn amounted to a pitch for central…

On Monday’s CBS Early Show, co-host Julie Chen introduced a segment on China hosting the Olympics: "Well, the Olympic games are more than a chance for the world's athletes to excel, they also give the host nation an opportunity to shine. For China and it's 1.3 billion people, the Beijing games are feeding a groundswell of pride." Chen then went to correspondent Barry Petersen who declared: "From…

Just one paragraph tucked toward the end of a column.  But Judith Warner's words offer a revealing insight into how liberals view economics and the world at large. In the lefty mindset, making it isn't a matter of doing or making something of value.  It comes down instead to contriving to get a piece of the action, a share of the wealth that some undefined other has created in some undescribed…

How do you make the foreclosure crisis seem even scarier? Add in a potentially deadly virus. CBS's "The Early Show," reported August 7 that a new stronger strain of the West Nile virus could spread across the country with help from the neglected pools found in foreclosed homes in California. "Apparently ... as more and more homes are passing into foreclosure and there are many, and many of…

If you believe that there's a 50-50 chance that your take-home pay will be cut by almost one-fifth beginning in as little as five months from now, would that belief affect your current spending habits? Of course it would. But that idea apparently never occurred to the Associated Press's Mark Jewell. In the course of a 950-word article Monday about how the rich are getting more stingy, he focused…

Hat tip bigtimer.Joe Scarborough has estimated that 95% of the elite media will pull the lever for Barack Obama.  Even so, evidence continues to mount that the MSM is beginning to view the Dem candidate with a more discerning eye.  The latest example comes from an unexpected corner, that occupied by NBC correspondent Martin Savidge.  As NewsBusters has reported, on everything from climate change…

ABC’s “Good Morning America” hosted Fox Business anchor/managing editor Neil Cavuto on Wednesday morning — by himself with no liberal counterpart! While co-host Diane Sawyer peppered Cavuto with questions based on the idea that the economy was a disaster and Barack Obama was being unfairly attacked by John McCain, Cavuto offered a healthy alternative not typically seen on ABC. Sawyer suggested…

Forget Hardball. Dodgeball's more amusing . . . As we'll detail below, David Shuster literally laughed in the face of a senior Republican today, and earlier on MSNBC Andrea Mitchell blithely dismissed the McCain energy plan as unrealistic. But there was one point of light, you might say, during the network's afternoon coverage.  When Shuster briefly held a Dem congresswoman's feet to the fire on…

UPDATE, Aug. 6 -- The media fact-checker overview begins here, and continues below the fold:"..... all the oil that they’re talking about getting off drilling" Obama refers to is NOT just the 200,000 additional barrels obtainable from the "Pacific, Atlantic and eastern Gulf regions." Republican proposals also include Alaska, shale oil, and tar sands.Just including Alaska coastal at very…