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March 11, 2009
On Election Day 2008, as people anticipated Obama’s victory, global news agency Agence France-Presse (AFP), called the biggest Election Day rally since 1984 an “Obama effect.”Look at the market now: The Dow Jones Industrial Average fell more than 3,…
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March 9, 2009
The U.S. is at war with the failing economy, according to Warren Buffett, who told CNBC viewers that it had “fallen off a cliff.”In September 2008, Buffett compared the market turmoil to “an economic Pearl Harbor,” and on March 9 he returned to that…
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March 4, 2009
Temperatures have plummeted to record or near-record lows in 32 states this winter. On March 2, a global warming protest in Washington, D.C. was buried by nearly a foot of snow. And a new study warns that the Earth could be in for a 30-year cooling…
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February 24, 2009
“How do you prove, the jobs you’re saving?” Host Neil Cavuto asked this tricky question during the Feb. 21 “Cavuto on Business.” “That would be like me saying if I go from eating 3 cannolis a day to 2 cannolis a day, I will save myself from gaining…
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February 16, 2009
Instead of praising Wal-Mart for offering less expensive goods to stretched consumers, David Nelson depicted Wal-Mart as a thug on Fox News Channel’s “Cavuto on Business.”
Nelson, DC Nelson Asset Management’s founder, harshly attacked Wal-Mart…
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February 11, 2009
As in the 1930s, green-eyed populists are once again staring resentfully at the pay and lifestyles of corporate executives and demanding change.Democrats in Congress and the news media have long pushed for pay caps for the very rich. President…
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February 6, 2009
Negativity, particularly about the economy, flows from the news media these days in a near constant stream. So it was refreshing to find a few drops of good news on NBC and in Marie Claire magazine recently.NBC “Nightly News” examined the booming…
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January 30, 2009
Despite what the news media keep saying, capitalism and deregulation were not the causes of the financial meltdown.Instead, BB&T CEO John Allison pointed the finger at government creations like the Securities and Exchange Commission (SEC),…
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January 26, 2009
Winston Churchill famously warned that history repeats itself unless people learn from past mistakes. As Congress debates a massive stimulus bill, critics of the stimulus plan warned about that very possibility on Fox News Channel’s “Bulls &…
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February 20, 2008
No one could ever accuse the federal government of efficiently spending taxpayer dollars.
So when a new study was released February 13 showing how much the Congress had earmarked last year –…
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