Diane Sawyer Says 'That Republicans See Ben Bernanke As A Villain

March 28th, 2012 3:25 PM
During the March 27 edition of “World News,” ABC’s Diane Sawyer treated Federal Reserve Chairman Ben Bernanke to a softball interview which alternated between human interest angles and portraying him as the victim of partisan Republicans. [Video after the jump. Audio can be found here.]

NB Interview: Peter Schiff on Media and the Economy, OWS

December 1st, 2011 11:39 PM
For conservatives, one of the bright spots of the Occupy Wall Street protests was when millionaire investor Peter Schiff went down to Zuccotti Park with video camera and a sign reading "I Am The 1% - Let's Talk." On Tuesday, I had the pleasure of speaking with Schiff by telephone in a sweeping interview about his experience at OWS, how the financial media are doing, and ending with his rather…

WaPo Item on Fed's Economic Downgrade Leaves Out Tepid Projected Growt

November 3rd, 2011 10:13 PM
At the Washington Post's "with Bloomberg" Business section, the self-described locale "Where Washington and Business Intersect," a Wednesday item by Neil Irwin ("Fed downgrades growth forecasts, sees high unemployment for years ahead") told us that "The Federal Reserve sharply downgraded its projections for the U.S. economy," but never cited any projected growth numbers. Seriously. Having…

Gingrich: Media Blaming Business Community for Financial Crisis Should

October 11th, 2011 9:39 PM
Former House Speaker Newt Gingrich during Tuesday's Republican presidential debate once again went after one of his favorite targets - the media. In response to a question about the Occupy Wall Street protests, Gingrich said, "Everybody in the media who wants to go after the business community ought to start by going after the politicians who have been at the heart of the sickness which is…

Krauthammer: Obama 'Debasing Currency of Presidential Authority' Like

September 3rd, 2011 11:18 AM
Syndicated columnist Charles Krauthammer on Friday said one of those truly memorable lines he comes up with from time to time. Speaking about Barack Obama's decision to give his jobs creation plan before a joint session of Congress next week, Krauthammer told the host of PBS's "Inside Washington," "The same way the Federal Reserve is debasing our real currency he’s debasing the currency of…

Time's Grunwald: Rick Perry Divorced From Reality

August 29th, 2011 3:59 PM
In "Ben Bernanke Embraces Obama's Reality-Based Presidency," Time's Michael Grunwald posited that Republican presidential contender Rick Perry is divorced from reality, especially when it comes to the best policies to fix the economy. Grunwald opened with snark...

Krugman Accuses Republicans of Preventing Bernanke from Saving Economy

August 26th, 2011 11:21 AM
It often amazes that liberals in this country revere New York Times columnist Paul Krugman as being an expert economist. Take for example Friday's intellectually challenged piece entitled "Bernanke's Perry Problem" in which the Nobel laureate accused prominent Republicans such as the Texas governor and Wisconsin Congressman Paul Ryan of preventing the Federal Reserve chairman from enacting…

Ben Stein Tells Rick Perry to 'Get Some Moderation in His Speech' and

August 21st, 2011 4:09 PM
Economist Ben Stein had some harsh words for Republican presidential candidate Rick Perry on "CBS Sunday Morning." Responding to comments the Texas governor made earlier in the week concerning Federal Reserve Chairman Ben Bernanke, Stein said, "I hope he'll get some moderation in his speech, and some lessons in economics, and soon" (video follows with transcript and commentary):

Greenspan on Meet the Press: No Chance of Default. Really

August 8th, 2011 1:36 AM
We've just spent the past month or so having politicians and the press tell us that if there was no debt-ceiling deal by August 2, the government might default on its debts (of course, Tim Geithner and Barack Obama could indeed have strategically defaulted if they had wished, but work with me here). But Sunday on Meet the Press, in a remark I expect will not be relayed much if at all by the…

GDP Media Coverage, Part 3: AP Pair Pins Prime Blame on Gas Prices, Fi

July 30th, 2011 9:31 PM
The AP's coverage of the U.S. economy late Friday focused on high gas prices as the dominant, uh, driver of this year's anemic growth both visually and in its text. As will be seen after the jump, the graphic at the AP's national site is of a gas price sign. The final sentence in the caption of the full-size version reads "High gas prices and scant income gains forced Americans to sharply…

AP Coverage of Bernanke's 'I Have No Idea' Speech Similarly Clueless

June 23rd, 2011 1:36 AM
When the Associated Press's Paul Wiseman and Martin Crutsinger team up for a report on the economy, there's no limit to the comic potential. Today, in covering what the folks at Zero Hedge described as "Ben Bernanke's 'I Have No Idea Why The Economy Will Get Better But It Will' Speech" (transcript is at link), the AP pair may have set a new world record for most unused words one would expect…

Brother, Can You Spare a Regulation

June 15th, 2011 6:39 PM
Last week, in a much-discussed, open, live, televised forum, Jamie Dimon, the CEO of JPMorgan Chase, asked Federal Reserve Chairman Ben Bernanke the $64 trillion question. While most commentators focused on the apt question, it was Bernanke's answer that shocked me when I heard it — and ought to shock the nation much more than it so far has. Question: "Now we're told there are going to be…

‘Too Big to Fail’ Surprisingly Fair and Entertaining

May 23rd, 2011 11:01 AM
I’ve written several articles skewering HBO for producing political projects destined to air immediately prior to the 2012 election, where the vast majority of the cast and crew are passionate Barack Obama supporters, and where the content is aimed at the Democrat’s two favorite Republican villains: Sarah Palin and Dick Cheney. So, when I sat down to watch HBO’s Too Big to Fail, I prepared…

NYT 'Shazam!' Moment: 'Stimulus by Fed Is Disappointing

April 25th, 2011 8:54 PM
Perhaps you hadn't noticed, but in late August 2010 Ben Bernanke took on complete responsibility for everything -- especially everything mediocre or bad -- that occurs in the economy. I know this because on August 27 and 28 (covered here and here), the Associated Press issued three reports essentially telling readers that it was up to Ben to save us. There wasn't anything Barack Obama, Tim…