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March 6, 2009
Another day into the new era of Obama in Washington, D.C. and it’s another down day for the stock market.Since President Barack Obama took office on Jan. 20, the Dow Jones Industrial Average (DJIA) has lost more than 1,000 points. The cover story of…
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March 10, 2008
Global warming “solutions” covered by the mainstream media keep getting more and more radical. But this time, there’s much more involved than using a different type of light bulb, taking the bus to work or using less toilet…
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March 10, 2008
Although the news that New York Governor Eliot Spitzer was involved in a prostitution ring was greeted with shock in most circles, Wall Street had a different reaction.
According to CNBC New…
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March 2, 2009
Reagan called them the nine scariest words when uttered together: “I’m from the government and I’m here to help.”That is unless the government comes in the form of President Barack Obama, who’s policy responses during the economic downturn are above…
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February 25, 2009
In America, “nationalization” used to be a dirty word. But that was prior to this era of government intervention to save industries and institutions deemed “too big to fail.” Now, state involvement in – and even ownership of – certain sectors of the…
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March 10, 2008
The media are quick to blame everyone – especially lenders – except borrowers for the subprime mortgage “crisis.” The March 9 “CBS Evening News” found another way to demonize home lenders instead of the borrower who took on…
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March 7, 2008
If you watch the news, you’ll see financial hardship examples for everything – home prices, food prices, energy prices – you name it. “NBC Nightly News” found another downbeat economic problem to harp on – the lack of funds…
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February 24, 2009
Perhaps CBS was looking for a way to channel populist anger away from Barack Obama’s mortgage bailout plan and toward against bailed out banks. Why else would a reporter detail how so-called “tax havens” help financial institutions avoid some taxes…
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March 6, 2008
The subprime “crisis” has been blamed for a lot of things – a supposed recession, the fall of the dollar, a spike in energy and food prices, etc.
But James Carville, a longtime friend…
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February 12, 2009
A prominent Democrat made news on MSNBC Feb. 11 with his guarantee of new financial industry regulations “comparable” to FDR’s New Deal.House Financial Services Committee Chairman Rep. Barney Frank, D-Mass., appeared on MSNBC’s “Rachel Maddow Show”…
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