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Is it possible the financial media played a role in facilitating the alleged $50 billion Bernard Madoff Ponzi scheme? An interesting theory by Jon Najarian, CNBC analyst and cofounder of optionMONSTER, contends that they very well may have unwittingly done just that. Madoff, he believes, used media publicity to lure investors to his scheme. As Najarian explained on CNBC's Dec. 22 "Fast Money,"…

You would think from reading yesterday afternoon's report by the Associated Press's Tom Murphy that companies like Toyota, Nissan, and Honda are not that far from finding themselves in the situations US taxpayer bailout recipients General Motors and Chrysler are in. Murphy tries mightily to make the foreign-owned companies' situations look serious, at one point even putting out the howler that…

The roundtable on Monday night's Special Report with Brit Hume on FNC was not kind to the New York Times's hit piece on Sunday's front page that blamed President Bush and only Bush for the mortgage meltdown, ignoring the Democrats in Congress who protected the irresponsible push for more "affordable housing" by Fannie Mae and Freddie Mac (as Times Watch noted yesterday). Nina Easton, Washington…

 This is a timely op-ed from Dan Gainor of BMI.Christmastime is the time of giving. So we can thank Bernie Madoff for giving Americans some special gifts this holiday season.Yes, I said thank him. OK, maybe not a lot. But the one-time financial wizard's downfall is a morality tale that provides so many lessons it's almost impossible to know where to start. If you've been living under a rock, the…

ABC can't be so naive as to believe it wasn't a carefully calculated publicity stunt.  Surely the good folks at Good Morning America know it was anything but an invasion of privacy--that the Clintons wanted the world to see the image of a blissfully happy married couple tripping the sand fantastic. And yet .  . . GMA devoted a segment this morning to a collective tongue clicking in concern that…

Each year, with the onset of Christmas, we are treated to another gauzy, fluff piece about how great Kwanzaa is by yet another PC spewing newspaper columnist. This year, among many others, we find aggrandizement such as the Progressive's "Kwanzaa is more relevant than ever in recession," the Chattanooga Times Free Press with their titled, "Common ground," or the one from the Providence Journal…

So, once again, students in the Colorado university system and their parents will be asked to pay more for tuition. The Rocky slips this university talking point into its report: "Low state funding has driven heavy tuition increases every year since the beginning of the decade." Of course, how the money's being spent escapes all attention.  Good luck figuring out how much it takes to educate a 4…

On the ball. That's what the experts at The New York Times are, alright. They are the arbiters of all that's fit to print, remember? The ones that know all and see all, dontcha know? They are the ones with all sorts of advice on foreign policy, we must point out. So, it's a bit hard to fathom how The New York Times printed a hoax letter, supposedly from Bertrand Delanoe, the mayor of Paris,…

It's almost as if the Associated Press's Ian James and the wire service's headline writers think that Hugo Chavez's latest announcement that he plans to expropriate a huge, city block-sized, nearly complete shopping mall is sort of cute and quirky. James even gave it a "clever" name: drive-by socialism. My post at NewsBusters yesterday noted that James's initial report Sunday evening was short on…