NBC Admits Obama Mortgage Plan Won't Work, But Cheers it As Good Polit
October 24th, 2011 11:45 AM
At the top of Monday's NBC Today, co-host Matt Lauer touted a new plan to address the housing crisis: "After a series of foreign policy victories, President Obama is hitting the road to sell his plan to help turn around the struggling economy and today the focus is on the housing market." Lauer later wondered to chief White House correspondent Chuck Todd if the plan would, "help politically…
AP Confuses Housing Starts with 'Home Building' to Paint Rosy Picture
October 19th, 2011 12:49 PM
The headline and opening sentence in Derek Kravitz's Associated Press report this morning on the Census Bureau's homebulding industry data release gives readers the impression that industry activity increased impressively during September. It increased a tiny bit, but certainly not by the percentage indicated.
The headline ignorantly assumes that a double-digit increase in housing starts is…
Multimillionaire Tim Robbins Tells Protesters 'You Can't Rip People Of
October 13th, 2011 12:34 PM
NewsBusters on Wednesday shared a list of the top ten richest celebrities that have so far expressed their support for the Occupy Wall Street movement.
Currently in ninth place is actor Tim Robbins who recently told protesters, "You can't rip people off that long and expect to get away with it," (video follows with transcript and commentary):
Fareed Zakaria Agrees With Obama: America IS Getting Soft
October 9th, 2011 11:37 AM
Barack Obama took a lot of heat last week for saying America has "gotten a little soft."
Not from Fareed Zakaria who when not advising the president on foreign policy acts as one of his propaganda czars every Sunday on CNN (video follows with transcript and commentary):
Cavuto Corners Dem Congressman Supporting Wall Street Protesters: Why
October 5th, 2011 11:55 PM
A number of Democratic members of Congress came out Wednesday throwing their support behind the protest known as Occupy Wall Street.
Fox News's Neil Cavuto interviewed one of them on Your World marvelously asking Rep. Dennis Kucinich (D-Oh.), "So why didn’t you celebrate when Tea Partiers were running around the country and protesting all the spending and protesting the budget and the debt…
Open Thread: The Tragedy of Urban Renewal
September 29th, 2011 11:00 AM
President Harry Truman signed the Housing Act in 1949, giving unprecedented power to federal, state, and local governments to reshape entire communities through the abuse of eminent domain. One method of doing so was called urban renewal, which permitted governments to destroy communities they deemed as slums, destroying approximately 2000 communities through the 1950s and '60s, and forcing 300…
Krauthammer: Obama Is 'President Zero - Zero Economic Expansion, Zero
September 3rd, 2011 12:55 PM
Charles Krauthammer on Fox News's "Special Report" Friday offered Republicans a 2012 campaign slogan to defeat Barack Obama.
"President Zero: zero economic expansion, zero jobs, zero ideas on how to cure the economy" (video follows with transcript and commentary):
George Will Corrects Donna Brazile: Media Are Not Obama's Problem
August 28th, 2011 1:53 PM
George Will and Donna Brazile had a telling exchange on ABC's "This Week" Sunday.
After Will listed all the excuses President Obama makes for the poor economy, Brazile said, "I thought you were going to mention media" leading Will to smartly retort, "They're not his problem" (video follows with transcript and commentary):
Former AmEx CEO Bashes Buffett's Call For Higher Taxes on Rich
August 22nd, 2011 10:28 AM
As NewsBusters reported, America's media last week gushed and fawned over billionaire Warren Buffett's call for higher taxes on the rich.
On Monday, Harvey Golub, the former CEO of American Express, responded to the Oracle of Omaha in a Wall Street Journal op-ed that reveals a side of this tax story media refuse to share with the American people:
Dowd: Obama Didn't Call Congress Back Because 'It Would Have Screwed U
August 21st, 2011 10:46 AM
As NewsBusters has been reporting, the Obama-loving media have largely been gushing and fawning over the current White House resident taking a vacation on Martha's Vineyard as the economy appears to be heading into a double-dip recession.
Giving an interesting insight into the President's decision to not call Congress back from its summer break to tackle the problems facing the nation was New…
Nina Totenberg: Obama Can Save Economy With 'A Lot of Very Populist Rh
August 20th, 2011 10:26 AM
Stock markets around the world are once again imploding in fear of a global double-dip recession.
Appearing on PBS's "Inside Washington" Friday, NPR's Nina Totenberg said Barack Obama can cure what ails us with "a lot of very populist rhetoric" (video follows with transcript and commentary):
Coulter: Upside of Media Vetting GOP Candidates - We Don't End Up With
August 19th, 2011 10:57 AM
As NewsBusters has been reporting, the Obama-loving media are working overtime examining the records of every GOP candidate for president.
"The bright side though is," conservative author Ann Coulter told Fox News's Sean Hannity Wednesday, "we don't end up with a Republican president who is suddenly having an affair with an intern, or a Republican president who votes present for his entire…
Report by AP's Kravitz on 'Depressed' Homebuilding Ignores 11 All-Time
August 17th, 2011 1:23 AM
At first blush, it might seem hard to imagine how one can contend that a press report describing an industry sector as operating "at depressed levels" and at volumes that are one-half of what "economists consider to be healthy" isn't telling the whole truth. But that's exactly how I would describe Tuesday's writeup by the Associated Press's Derek Kravitz after July's Census Bureau release on…
Networks Take Cue from Obama, Start Attacking S&P Only After He Does
August 12th, 2011 9:53 AM
The recent decision by Standard & Poor's to downgrade the U.S. credit rating to AA+ from AAA upset many on the left, especially those within the Obama administration. The White House lashed out at S&P and some in the news media did too. So Business & Media Institute decided to look back at six years of network (ABC,CBS and NBC) coverage of S&P.
BMI found out that bulk of…