WaPo Gives Convicted 'King of Torts' 1,500 Words to Whine
Those wondering why circulation at the Washington Post has dropped over 15% in the past 2-1/2 years will get a large part of their answer at Sunday's Page B01 column by William Lerach ("Loser CEOs, Raking It In"; HT Rory Miller). That's Bill Lerach. Yes, THAT Bill Lerach. The self-styled, one-time "King of Torts," and former partner at the once-untouchable Milberg Weiss law firm. The now…
Bartiromo Ignores Doom and Gloom Playbook and Says No Recession
It’s a little odd when a reporter contradicts herself and discloses she doesn’t necessarily agree with what she’s reporting. But that’s what happened this morning when CNBC’s Maria Bartimoro appeared on the November 12 “Today” to report the chances of a recession. “Today” host Meredith Vieira asked Bartiromo if she thought the economy was heading into a recession after Bartiromo delivered a…
ABC: High Gas Prices Cancel Church, Christmas and Doctor Visits
In one of the more hyperbolic segments to air on "Good Morning America," ABC reporter Bianna Golodryga fretted that November's unusually high gas prices could lead to poor health, less church and no Christmas. On Monday's program, Golodryga warned viewers that unnamed "reports" allege that "some people are foregoing routine visits to the doctor and are opting for cheaper foods, like pasta and…
'Today' Pits Partisan Dems vs. Reticent Republicans
How overmatched were the two lukewarm-at-best Republicans that "Today" tossed in against two partisan Dems this morning? If NBC scheduled this unfair a fight for Sunday Night Football, Al Michaels would be calling the play-by-play between the New England Patriots and the proverbial Little Sisters of Mercy.The Today show's farce of a "voter panel" was invited to discuss politics and the state of…
A Stunning Report on 'Discretionary Income' Old Media Uses Its Discret
Someone needs to tell me why this news about discretionary income isn't as significant as I believe it is. But first, three warnings: 1. I'm not about to spend the $250 needed to read the full report from the Conference Board that backs the story (their "about" page is here). 2. I don't feel totally comfortable with how the statistic is measured -- "Households with discretionary income, as…
BMI's Dan Gainor on the Fox Business Network
What could be more timely than a study about debt? With all the networks crying about oil prices and threats to the economy, consumers are feeling squeezed. Director of the Business & Media Institute, Dan Gainor appeared on the Fox Business Channel today to talk about the Culture & Media Institute and Business & Media Institute joint study, "DEBT Who'$ responsible?" That found…
Nets Lead w/ 'Awful' Economic News, Not So Excited About Job Gains
When the Labor Department on Friday announced a strong gain of 166,000 jobs during October, double expectations, ABC and CBS gave it a few seconds while NBC ignored the good news, but on Wednesday night NBC, as well as ABC and CBS, led with a bad day on Wall Street they painted as a harbinger of impending economic doom. NBC anchor Brian Williams piled on the bad news as he insisted he took “no…
CNBC’s Cramer Calls Liberal New York AG ‘Communist
Leave it to resident CNBC loose cannon Jim Cramer to take it upon himself to call a spade a spade or a red a red. Cramer, host of the CNBC’s “Mad Money” called liberal Democratic New York State Attorney General Andrew Cuomo as “communist” on CNBC’s November 7 “Street Signs.” “[W]itness the fact that right now, the most important man in America for the stock market – the most important man and…
