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March 18, 2008
In free market capitalism, especially in an event with the magnitude of Bear Stearns’s collapse, there are losers and believe it or not, there are even some winners.
“[S]o, the free market…
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March 18, 2008
It's Damage Control Time for the liberal press.
Count New York Times columnist Nicholas Kristof as one in the media masses who have been outraged, just outraged at the supposed conservative bigotry against Barack Obama. This "most monstrous…
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March 17, 2008
Chicken Little is loose again, this time on CBS’s “Early Show.”
The March 17 “Early Show” reported the news of J.P. Morgan’s bailout of the troubled investment bank Bear Stearns as if it were a…
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March 17, 2008
Hopefully your financial portfolio didn’t include stock in Bear Stearns, but it might have if you had listened to CNBC’s Jim Cramer.
After it was announced March 16 that J.P. Morgan Chase…
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March 17, 2008
High gas prices are hurting a lot of people, but the impact is most painful for Californians.
ABC’s March 16 “World News” featured a segment about the California economy and pointed out that California is experiencing the highest gas…
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March 17, 2008
The NBC “Today” show can’t seem to decide on an angle for its coverage of troubling developments on Wall Street over the weekend.
Host Matt Lauer declared a “Code Red” for the economy on March…
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March 14, 2008
It is one thing to rob Peter to pay Paul, but doing it for the sake of government tax revenue defies common sense.
CBS’s March 14 “The Early Show” had yet another downbeat story about the troubled housing market. This time instead of just…
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March 14, 2008
Many economists warn of tough economic times, but former Clinton Labor Secretary Robert Reich doesn’t just warn of a “recession,” he warns of a “depression.”
“I think there’s a 20 percent chance of a depression,” Reich said to the…
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March 14, 2008
Usually the Bush administration is criticized for abuses of executive power. This time the media and Democrats in Congress are after the administration for not using its authority enough.
A report on the March 13 “CBS Evening News” about…
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March 14, 2008
Think the public is getting too much global warming from the media? Andrew Revkin, the environmental reporter for The New York Times, doesn’t think you’re getting enough.
Revkin spoke in Newark, Del., on March 12 for the University of…
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