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July 16, 2008
Another billion-dollar taxpayer bailout is on the horizon with the trouble at Fannie Mae and Freddie Mac, but you won’t find much criticism of the mortgage giants on the networks despite repeated warnings about the lenders’ high-risk behavior…
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July 16, 2008
Politicians and pundits are crying about the economy, from oil prices to housing and the U.S. dollar. But they rarely pause to consider how we arrived at our situation, as they call for more government help and often for the Federal Reserve to…
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July 16, 2008
19
Times Bigger than Enron, and the Networks Didn't See It Coming
Cooking the books but protected by powerful politicians, the
Fannie Mae and…
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July 16, 2008
High gas prices may be eating away at Americans’ bank accounts, but at least they’re supposedly helping the environment. Leave it to NBC “Nightly News” to find a green lining in the dark cloud.
As American automakers struggle – with…
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July 15, 2008
Should beleaguered government-sponsored enterprises Fannie Mae and Freddie Mac live to see another bailout – regardless of the cost?
Treasury Secretary Henry Paulson said so. Paulson has…
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July 15, 2008
The consequences for federal restrictions on oil and gas exploration go beyond just higher gas prices, interfering with the basic free-market principle of allowing enterprise to meet demand by providing a supply, according to former Shell Oil…
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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 15, 2008
CNN scared viewers July 13 by suggesting Republican presidential candidate John McCain’s support for extending the Bush tax cuts would threaten their Social Security and Medicare.
“Your $$$$$” host Ali Velshi and CNN correspondent Allan…
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July 15, 2008
With oil trading above $145 a barrel, exploration and drilling for oil could provide economic opportunities for Rep. Barney Frank’s (D-Mass.) struggling congressional district.
That wasn’t…
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July 15, 2008
It wasn’t unexpected to see some pushback after a deal was struck merging American brewer Anheuser-Busch with European brewer InBev.
However, the July 14 “NBC Nightly News” didn’t identify much…
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