BusinessWeek Recap: How Expert Forecasts Shaped Up in

December 28th, 2007 4:54 PM
Are you a little skeptical when an economist or a financial strategist appears in the MSM, warning for the worst? A look back at the Dec. 25, 2006, “Where to Invest” issue of BusinessWeek gave us a measuring stick to see how frequently cited “experts” shaped up in 2007 – including New York Times regular Ian Shepherdson, Moody’s Economy.com economist Mark Zandi and Standard & Poor’s Chief…

Investment Firm CEO: If We Have a Recession, Media Will Cause It

December 21st, 2007 10:21 AM
Since the stock and credit market turbulence began in July, NewsBusters has been informing readers that media continually predict recessions that never happen.On the sad flipside, bearishness in the press can become so pervasive that an economic downturn ends up being an unfortunate self-fulfilling prophecy.NewsBusters affiliate the Business and Media Institute made this very point in a late-…

Media Sound Recession Alarm Again, Despite High GDP Growth

December 20th, 2007 5:39 PM

‘Cramer Claus’ Has Harsh Words for Bernanke Six Weeks After Making

December 19th, 2007 4:44 PM

Harwood: Huck's Economic-Conservative Opponents Churchless Tax-Cut Wor

December 18th, 2007 8:50 AM
You'd hardly expect the chief Washington correspondent of business channel CNBC to negatively stereotype economic conservatives. But appearing on today's Morning Joe, the urbane John Harwood did just that.View video here.JOE SCARBOROUGH: [Huckabee is] a different type of evangelical. It's not the evangelical in American politics that's traditionally been very conservative economically. Obviously…

Hillary's Babbling with Bartiromo Ignored by All Except Rush

December 12th, 2007 12:48 PM
Hillary Clinton's performance in her interview with Maria "Money Honey" Bartiromo of CNBC last week was so bad that she must have sent a double (stop shivering at the thought, will ya?). After all, the genuine Smartest Woman in the World couldn't possibly have said the things she said, as noted at Rush Limbaugh's site last Thursday. It got so bad that Bartiromo, who seemingly has barely cracked a…

Disappointed Cramer Fears Recession After Rate Cut

December 11th, 2007 5:23 PM

Media ♥ Warren Buffett-style Populism

December 11th, 2007 2:39 PM

CNBC Expert Warns of $150-200 Barrel Oil

November 20th, 2007 5:32 PM
Imagine seeing this prediction on your television screen: "Oil will hit $150 or $200 during this commodity bull market." Makes you want to stockpile oil while it is priced at $98 a barrel, but such was the case on CNBC today. Credit Billionaire Jim Rogers, described as a commodities guru and a founding partner with the infamous George Soros of the Quantum Fund in 1970. He told Maria Bartiromo…

Networks Still Misinterpreting Foreclosure Data

November 15th, 2007 5:50 PM
Uh oh, it's that time of the month again. Once a month, California-based RealtyTrac releases national foreclosure statistics and once a month, all three networks manage to overlook details in their reporting. But, this time, ABC's "World News with Charles Gibson" got it completely wrong.From the November 14 broadcasts:

Media Darling Warren Buffett Barks Up Estate Tax Tree

November 14th, 2007 11:44 AM
The billionaire-turned-populist beloved by the media is in Washington telling Congress to keep taxes high. Warren Buffett, ranked as the 21st most influential liberal in the United States by the Telegraph (U.K.), appeared before the Senate Finance Committee November 14 to make his case against the repeal of the estate tax. And he used a very abnormal circumstance as his evidence.Leona Helmsley, a…

Bartiromo Ignores Doom and Gloom Playbook and Says No Recession

November 12th, 2007 1:36 PM
It’s a little odd when a reporter contradicts herself and discloses she doesn’t necessarily agree with what she’s reporting. But that’s what happened this morning when CNBC’s Maria Bartimoro appeared on the November 12 “Today” to report the chances of a recession. “Today” host Meredith Vieira asked Bartiromo if she thought the economy was heading into a recession after Bartiromo delivered a…

Jobs Numbers MSM Say Might Indicate Recession Crush Expectations

November 2nd, 2007 3:37 PM

Worst ‘Notable Quotables’ of the Past 20 Years: A Potpourri of Idi

October 26th, 2007 10:08 AM
To commemorate the Media Research Center’s 20th anniversary this month, we’ve just published a special expanded edition of our ‘Notable Quotables’ newsletter with more than 100 of the most outrageous, sometimes humorous, quotes we’ve uncovered over the past 20 years. To wrap up this week’s posts, I thought I’d list a few of the most outrageous or moronic quotes we’ve come across since 1987.For…