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November 13, 2009
J.P. Morgan Chase is the second-largest U.S. bank, but its CEO spoke out on Nov. 13 to condemn the policy of bailing out banks which are “too big to fail.”Jamie Dimon wrote in the Washington Post that even his bank should accept the risk of failure…
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November 12, 2009
Capitalism may “offer” freedom, but it doesn’t provide it according to British actor and liberal activist Ian McKellen.McKellen was discussing his latest role as “Number Two,” in AMC’s reinvention of the Cold War show “The Prisoner.” The liberal…
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July 22, 2008
The Food and Drug Administration (FDA) now says jalapeno peppers, not tomatoes, are behind the recent outbreak of salmonella poisoning. But on CNN, Lou Dobbs is still blaming President Bush. “This is…
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November 4, 2009
Ford Motor Company took everyone by “surprise” Nov. 2, when it announced nearly a billion dollars in profit for the third quarter of 2009. The company also said it would be “solidly profitable” by 2011.CNN repeated the announcement on Nov. 3 “…
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November 11, 2009
The media gave President Obama credit during the campaign for promising not to raise taxes on the middle class. He was on the trail in New Hampshire when he made a “firm pledge” not to raise taxes on any family “making less than $250,000 a year.”…
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July 17, 2008
ABC was full of contradictions on July 16. “Good Morning America” told viewers not to panic over the IndyMac bank failure, but listed a handful of banks its experts suspect are troubled.
The…
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October 28, 2009
The debate over health care legislation has raged for months. One line of attack coming from liberal politicians on the network news is that insurance companies simply make too much money.From “The Chris Matthews Show” to network appearances by…
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July 15, 2008
“Stocks plummet.” “Massive bank failures.” “Banks in deep trouble.” If you had been watching ABC’s “Good Morning America” or CBS’s “Early Show” July 15, this is what you would have heard.
The…
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July 14, 2008
The failure of IndyMac Bank signals a coming depression, according to doom-and-gloom reports from ABC’s “Good Morning America.”
Correspondent Bianna Golodryga glumly predicted on the July 14…
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October 15, 2009
Michael Moore makes propaganda movies and many in the news media embraced his latest screed against the free markets: “Capitalism: A Love Story.” To NBC, hating capitalism makes Moore a go-to expert for Wall Street bashing.“Today” interviewed Moore…