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October 8, 2008
The broadcast networks have certainly backed liberal economic policies promoted by Democratic presidential candidate Sen. Barack Obama. But on CNBC Oct. 8, the network’s on-air editor declared the policies “absurd” and that…
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October 8, 2008
In his 1961 inaugural address, President John F. Kennedy said, “Ask not what your country can do for you - ask what you can do for your country.” CBS must have forgotten that is the role of government – not mandates. …
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October 7, 2008
If you’re going to hype something, you should get it right. The Dow Jones Industrial Average (DJIA) fell below 10,000 on Oct. 6 for the first time in nearly four years, but the close seems like it hit a decade low to some…
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October 7, 2008
Earlier this year, many voices in the media were warning for the worst when it came to the price of oil as economic uncertainty loomed ahead. One analyst even predicted in May that oil would hit $300 a barrel.
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October 6, 2008
It seems anxiety from the financial crisis is reaching new highs, but the tipping point for one individual came at the Lehman Brothers gym in the midst of the company’s collapse.
While former…
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October 6, 2008
The collapse of several financial institutions has sparked a media blame game that continued on CBS’s “60 Minutes” Oct. 5.
Correspondent Steve Kroft attacked credit default swaps – sales…
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October 2, 2008
If the French are embracing your economic proposals – something must be wrong according to one overseas investor.
That was what Hugh Hendry, the Scottish CIO of Eclectica Asset, told “Squawk…
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October 2, 2008
Dozens of media reports have compared current economic conditions to the Great Depression. But the Oct. 1 broadcast of “CBS Evening News” didn’t just say there were similarities; it conjured up images of Depression-era…
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October 1, 2008
It’s rare, but occasionally a journalist actually questions over-the-top government spending.
NBC chief Washington correspondent Norah O’Donnell took an inquisitive tone in an Oct. 1 interview…
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October 1, 2008
Americans aren’t all on board for the government stepping in and saving the day with an expensive bailout/rescue bill – and that has some journalists scratching their heads.
Correspondent Carol…