Latest Blogs
Chris Matthews: Brought To You By Lender Charging 99% APR
Aren't Chris Matthews and Hardball the champions of the little guy? You know, those folks, embittered by the bad economic times, who get exploited by questionable financial institutions? So why does Hardball have as a sponsor a lender with a target market of people so desperate they'd auction off their clothes, and which charges borrowers . . . over 99% per annum in interest? [Screencap showing…
CBS: Bill Maher Bashes Religion; ‘Afraid’ of ‘Sarah Palins of th
On Monday’s CBS Early Show, co-host Harry Smith talked to comedian Bill Maher on his new anti-religion movie and Maher declared: "Isn't there time for one [movie] for the tens of millions of people who are rationalists, who think like I do, and who are afraid that the Sarah Palins of the world are going to be taking over? We've had eight years of George Bush and a faith-based administration. We…
Memo to Joe Klein: Dems Run the House of Representatives
In a September 29 blog post aimed at "Placing Blame" for failure of the bailout package in the House of Representatives today, Time's Joe Klein began by tossing, "I don't blame John McCain for not rounding up enough Republican votes to get this bailout bill through the House of Representatives."Klein added a few other reasons he doesn't blame the Arizona senator:...he's never held a leadership…
GE Signs Multi-Billion Iraq Deal: Time for NBC to Declare 'Civil War
On the November 27, 2006 edition of Today, as noted here, Matt Lauer portentously declared: After careful consideration, NBC News has decided the change in terminology is warranted and what is going on in Iraq can now be characterized as civil war.On that evening's Countdown, Keith Olbermann chimed in, suggesting that NBC's pronouncement was comparable to Walter Cronkite's 1968 declaration that…
CNBC Analyst Debunks Myth Bailout Will Make a Profit
The theory that bailout legislation recently defeated in the House of Representatives would make money for the federal government has been propagated by the financial media. But according to a recent report released by the International Monetary Fund (IMF), a profit is unlikely. The September 2008 report from the IMF stated the chances of the government recouping anything more than just a…
'View' Co-Hosts Lack Economic Knowledge
"The View" co-hosts, who seemingly have difficulty understanding the Constitution, have demonstrated their lack of understanding in economics. Recapping Friday’s presidential debate on the September 29 edition of "The View," co-host Sherri Shepherd wondered how we can raise taxes. Whoopi Goldberg replied "it’s not going to happen. We are in too much financial trouble. We can’t."A very brief…
Chris, 40% Dem 'No' Vote Isn't 'Overwhelming' Support
Like an MSM version of Nancy Pelosi, whose hyper-partisan floor speech reportedly angered many GOP members, Chris Matthews wasted no time in trying to pin the blame for the defeat of the bailout plan on John McCain. Appearing during MSNBC's 2 PM hour, the key to Matthews' argument was his assertion that Dems "overwhelmingly" supported the measure, whereas McCain failed to rally a sufficient…
Bailout's '$700 Billion' Cost Is a Contrived Wild Guess; Media Mostly
As I write this on Monday afternoon, the People's House has rejected "the $700 billion bailout." You won't believe, unless you're a very experienced cynic, where that $700 billion figure came from. The answer appears to be "out of nowhere." With no basis. I'm not kidding. Here's the evidence, carried six whole days ago at Forbes (HT LAT's Top of the Ticket Blog via BizzyBlog commenter Dan Scott…
CBS’s Chen on Palin SNL Skit: ‘So Much Material To Work With
On Monday’s CBS Early Show, co-host Harry Smith played a clip of the latest Saturday Night Live skit mocking Sarah Palin and following the clip, co-host Julie Chen remarked: "Tina Fey has just so much material to work with, this is like, probably a dream come true for her." In May, Chen placed Hawaii in the Atlantic Ocean and it was not part of a comedy skit. Co-host Maggie Rodriguez chimed in: "…
Government Bailout Profit a Myth, Says Merrill Lynch Economist
CNBC analyst cites IMF report and explains history of banking crises show they cost 13 percent of GDP.
Newsweek CW Sideways Over Biden Gaffe, Down on Palin
Joe Biden's FDR gaffe was noticed, but with a shoulder shrug, by Newsweek's October 6 edition of "Conventional Wisdom." The same feature cheered Obama's debate performance as "presidential," gave the thumbs up to Dave Letterman's tirade against Sen. John McCain, and reveled in Gov. Sarah Palin's "moose caught in the headlights" interview with CBS "Evening News" anchor Katie Couric."Most popular…
USA Today Plays Up 'Gloomy' Attitudes with Depression Comparison
Newspaper reports poll showing 33 percent say U.S. economy is in Depression.
ChiTrib Blogger Fails to Do Homework, Presents One-sided Story on Bap
Reporting on a decision by LifeWay Christian Stores to not promote a magazine whose cover story lauded female pastors, Chicago Tribune religion reporter Manya Brachear stacked the deck against the Christian bookseller, failing to speak to a staffer there for an explanation of a policy decision on a magazine the stores carry on their shelves. Yet if she had done her homework, Brachear may have…