NBC Follows ABC's Lead, Wall Street Speculators and Oil Companies to B
While ABC's World News declared "a big chunk of the pain at the pump is Wall Street's fault" on Thursday, on NBC's Nightly News, anchor Brian Williams similarly announced: "The problem is gas prices are largely set by commodities traders, also known these days as speculators."
Correspondent Miguel Almaguer reported on "backlash from both sides of the register" as a sound bite played of Los…
CBS's Rose Boosts Liberal Talking Point About Rich Wanting to be Taxed
On Wednesday's CBS This Morning, Charlie Rose promoted a talking point used by liberals, including President Obama, that Warren Buffett and other billionaires want their taxes raised. After playing a clip of Chris Christie ripping Buffett, Rose asked Jack Welch, "Do you agree with the governor of New Jersey, or do you agree with...Buffett, that there ought to be more tax on the super-rich?"…
Media Myth Debunked: Income Inequality Is Actually Plummeting
Since the first Occupy Wall Street protest, you haven't been able to swing a dead cat in this country without hitting an Obama-loving media member carping and whining about income inequality.
Yet according to this chart created by the nation's largest federation of trade unions the AFL-CIO, the difference between average CEO and average worker pay has been plummeting since the year 2000:
CNBC's Joe Kernen Rips John Harwood's Knee-Jerk 'Global Warming' React
After the news portion of a "Warmer Weather Hurting Retail" segment on the impact of the mild winter on retail sales thus far appearing early this morning on CNBC, Joe Kernen and John Harwood got into it over the relevance and influence of so-called "global warming" (I guess Harwood didn't get the memo that it's "climate change" now).
Picking up at the 2:10 mark of the video:
Obama Tells 60 Minutes 'Damaging Behavior on Wall Street' Was Legal, W
There was an astonishingly revealing moment on Sunday's 60 Minutes when President Obama said, "Some of the most damaging behavior on Wall Street, in some cases, some of the least ethical behavior on Wall Street, wasn't illegal."
For what should be obvious reasons, CBS's Steve Kroft didn't bother asking his guest who created, voted for or signed the pieces of legislation that allowed this "…
Peter Schweizer on Congressional Insider Trading and Why Media Have Mo
Last month, NewsBusters reported 60 Minutes cherry-picking Peter Schweizer's book about Congressional insider trading to make it appear the problem was largely a Republican one.
Schweizer did a phone interview with NewsBusters last week to discuss this matter in greater detail including how with the exception of Fox News, despite this being a bipartisan issue, the media have largely ignored…
NB Interview: Peter Schiff on Media and the Economy, OWS
For conservatives, one of the bright spots of the Occupy Wall Street protests was when millionaire investor Peter Schiff went down to Zuccotti Park with video camera and a sign reading "I Am The 1% - Let's Talk."
On Tuesday, I had the pleasure of speaking with Schiff by telephone in a sweeping interview about his experience at OWS, how the financial media are doing, and ending with his rather…
Huffington Post So Eager to Support Pelosi They'll Even Defend Boehner
To give you an idea of the lengths the Huffington Post will go to defend liberal politicians those involved in the website revere, a front page piece on Monday took the side of House Speaker John Boehner (R-Oh.) in order to give cover to House Minority Leader Nancy Pelosi (D-Calif.).
Inside the front page headline story "60 Misses: CBS Gets It Wrong On Boehner, Pelosi Stock Trading," HuffPo…
More Maher Stupidity: Wall Street Betting on Things to Fail Is 'Someth
If it's Saturday, I must be pointing out more simply stunning stupidity coming from the mouth of Bill Maher.
Never letting me down, the host of HBO's Real Time Friday said the financial crisis was caused by "something new in politics where Wall Street was sort of betting on things to fail as opposed to for things to succeed" (video follows with transcript and commentary):
Big Three Nets Omit Corzine's Party ID as Feds Investigate His Firm
On Tuesday, the morning shows of the Big Three networks omitted the party affiliation of Jon Corzine as they reported on the federal investigation into his brokerage firm, something that even the liberal New York Times gave in their coverage of the story. ABC's Good Morning America also failed to include Corzine's name during their news brief on the investigation.
News anchor Josh Elliott…
Post/NYT: 182,000 Words on Occupy Wall Street and Counting
Occupy Wall Street isn’t just seizing city squares or the Brooklyn Bridge. The socialist/communist/anarchist revolutionary movement has also seized an incredible amount of coverage from the adoring media.
In the nation’s two most well-known liberal newspapers – The New York Times and Washington Post – the amount of space devoted to Occupy Wall Street has taken on epic proportions. In the…
Multimillionaire Tim Robbins Tells Protesters 'You Can't Rip People Of
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):
Cavuto Corners Dem Congressman Supporting Wall Street Protesters: Why
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…
'Occupy Wall Street' Organizer Is Marketing Analyst Whose LinkedIn Lis
Trust him--he might be young, but he's a "professional sociologist." So did Harrison Schultz, an organizer of the "Occupy Wall Street" protests, describe himself to Al Sharpton on MSNBC this evening. And he wants Al and us to know that "a lot of the people that are here are in fact anarchists, are in fact revolutionaries. . . . We don't really want to fix [the problems]. It's revolution, not…
