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This one is too delicious, folks, and definitely requires drinking vessels to be placed at a safe distance (hat tip to our friend Steve Malzberg). As reported by TMZ on Monday, country singer Clay Aiken was sitting in for Regis Philbin on Friday’s “Live with Regis and Kelly.” At one point, Aiken tried to “hush” co-host Kelly Ripa by putting his hand over her mouth. Ripa wasn’t pleased, and said…

News reports warned of 'recession,' 'stagflation' as inflation 'reared its ugly head,' but drops in prices get little notice from networks.

Like the colonists who bought Manhattan, Congress has offered us trinkets in exchange for valuable ground.

Economists, media bid farewell to 'one of the great economists of the 20th Century'

On the flipside of Stephen Spielberg’s call for less violence on television, CBS is appealing one of the FCC’s rules concerning profanity. According to an article in Tuesday’s Hollywood Reporter (h/t to Drudge, emphasis mine throughout):CBS told a federal court Monday that the government's new "zero tolerance" policy for indecent broadcasts is threatening to choke off free speech.In its opening…

Here’s something you don’t see every day: a high-ranking member of the entertainment media publicly admonishing folks in his own industry. Yet, according to a Reuters article Monday (h/t to Drudge), one of the most successful movie producers and directors of all time is speaking out against excessive violence on television:Steven Spielberg urged TV networks to be mindful of what they show on the…

On Monday's Countdown, MSNBC host Keith Olbermann used his latest "Special Comment" segment to attack President Bush's recent contention, in response to a question about what lessons could be learned from the Vietnam War, that "the task in Iraq is going to take a while," and that "we'll succeed unless we quit." The Countdown host started off by charging that President Bush, "who permitted the '…