Financial Times U.S. Editor Questions Wisdom of GM Bailout

With General Motors in serious trouble, Speaker of the House Nancy Pelosi, D-Calif., and Senate Majority Harry Reid, D-Nev., are making a push for the government to intervene and rescue the auto giant as they did with AIG. However, Francesco Guerrera, U.S. editor for the Financial Times, isn't so sure a GM failure would be as bad as some are letting on. Guerrera appeared on CNBC's Nov. 10 "Power…
Jeff Poor

Keith Olbermann Promises to Hold Democrats Accountable 'If They Screw

Stay tuned! With Democrats poised to control both the legislative and executive branches of the government, Keith Olbermann promises to be just as tough on them as they were on Bush and the Republicans if they "screw up."On the November 10 edition of "The View," Barbara Walters questioned Olbermann if he is "going to have trouble..now that the people you like most are in?"Olbermann retorted, "…
Justin McCarthy

NBC News Sells Commemorative Obama 'Yes We Can!' DVD

Geoffrey Dickens

Obama-backing Financial Times Reporter Starting to Show Buyer's Remors

A Financial Times reporter who endorsed Obama but worried about his economic policies has taken a fresh look at the President-elect's post-election economic policy ideas, and doesn't like some of the big ticket items he sees. [See related blog entry by Jeff Poor here] In his November 10 op-ed "The choices that confront America," British journalist Clive Crook reserved some of his harshest…
Ken Shepherd

Financial Times Editor Doubts 'Ripple Effect' of GM Failure

Policymakers insist bailout for automakers necessary, but Francesco Guerrera tells CNBC it's less important than rescuing financial institutions
Jeff Poor

Joy's Glass House: Behar Objects to Limbaugh's 'Thug' Comments

"View" co-host Joy Behar seems to have trouble seeing her own hypocrisy when issuing condemnations of other individual’s comments. On the November 10 edition, Behar objected to Rush Limbaugh, whom she baselessly labeled a "terrorist," labeling Barack Obama and Rahm Emanuel "thugs." After Barbara Walters promised to question Rush on that issue in an upcoming interview, Behar exclaimed "he needs to…
Justin McCarthy

On Anniversary of Berlin Wall's Fall, Expat Pub Ignores Causes, and Wh

Expatica is an overseas publication for US expatriates in Europe with six country-customized editions. It betrays many of the biases that permeate mainstream US journalism. What follows is a prime example of that. The publication's Germany version today has an article celebrating the 19th anniversary of the fall of the Berlin Wall that makes it appear as if it, well, y'know, sorta just…
Tom Blumer

Boudreaux: Anti-Wall Street Politicians Should Oppose Auto Bailout Too

Donald J. Boudreaux, Ph.D.

Bad Businesses Should Face Market Consequences

A rebuttal of AIG senior VP's claim that the federal bailout the company received was 'better' than bankruptcy.
Donald J. Boudreaux, Ph.D.

Newsweek Editor: Putin Imitated Bush's Dictatorial Ways

Tim Graham

Wash Post: Pro-Life Policies are 'Ideologically Offensive

"Controversial." "Onerous." "Ideologically offensive."  These are the words used by Washington Post reporters Ceci Connolly and R. Jeffrey Smith to describe the pro-life policies of President George W. Bush.  The liberal slam came in an article about some of the early actions President-elect Obama will take when he is inaugurated next year."Obama Positioned to Quickly Reverse Bush Actions" was…
Kristen Fyfe

David Frum Defends Sarah Palin on CBS ‘Early Show

On Monday’s CBS Early Show, co-host Julie Chen asked former Bush speech writer David Frum about recent attacks on Sarah Palin by McCain campaign staffers: "What do you make of Sarah Palin's response to those anonymous attacks?" Frum strongly defened her: "I think she's entirely within her rights on this one. You know, I was a critic of her nomination, but everybody is entitled to some basic…
Kyle Drennen

Maddow Perpetuates Hoary Great Depression Myth

"Rachel Maddow is the smartest person on TV," proclaims The Advocate magazine in a cover story on the newly christened MSNBC pundit and Air America Radio host.That being the case, Maddow ought to know better than make some of the claims she does -- at least when it comes to politics, economics and American history.Most recent example: Maddow's interview on Nov. 5 with former Rhode Island Senator…
Jack Coleman

George Stephanopoulos Tells Oprah: 'Impossible' Not to be Excited by O

Former top Democratic aide-turned journalist George Stephanopoulos appeared on Friday's edition of the "Oprah Winfrey Show" and agreed with the host that it was "impossible" not to feel exuberant when Barack Obama was declared the winner on election night. Stephanopoulos also repeatedly admitted that he fervently believed all along the Democratic candidate would defeat Senator John McCain.…
Scott Whitlock