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August 24, 2007
What’s a constitutional amendment among friends? Not much, if you are a liberal economist like Dean Baker. Baker wrote an August 20 piece on Commondreams.org urging Congress to eliminate foreclosures and let homeowners live in those houses…
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August 21, 2007
There’s no question there has been an uptick in foreclosures because of bad business decisions – primary the so-called NINJA (No income, no job or assets) loans made by some mortgage lenders. And there’s plenty of blame to go around.
But…
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August 17, 2007
It has been no secret that home lenders are in some serious trouble as borrowers are having troubles making payments on their mortgages. Even American Home Mortgage Investments, the then-nation’s 10th largest home lender filed for bankruptcy in…
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August 16, 2007
There is a lot of China import-bashing in the news and a lot of it warranted – food health and safety issues and now toy recalls. But it has spurred protectionist rhetoric in the media while ignoring costs.
On the August 15 “Good Morning…
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August 13, 2007
Who’s to blame for flight delays? Certainly not faulty government programs, says the “CBS Evening News.”
“Sheer misery … passengers on arriving planes couldn’t get off, stuck on taxi ways for up to six hours with little or no food and…
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July 12, 2007
The recycling craze isn’t the perfect, planet-saving method many environmental enthusiasts want you to believe, according to the CBS “Evening News.”
It seems recycling may be deadly.
“The business of recycling is a big part of the…
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May 8, 2007
Both CBS “Evening News” and ABC “World News with Charles Gibson” reported that the national average price for gasoline was “just two cents short of the record.”
But the networks’ two cents were wrong.
Gasoline prices, which both…
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May 2, 2007
As a major stock index rose to “uncharted territory,” the media collectively frowned instead of celebrating.
After 9/11 the stock markets plunged, but they began to recover after the passage of the 2003 Bush tax cuts. The Dow climbed back…
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April 26, 2007
You can’t get much more ironic than wanting more funding for federal food grants for obese people. But that was essentially what Dr. Sanjay Gupta pushed on CNN “American Morning.”
“WIC is on the chopping block,” said the CNN chief medical…
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April 25, 2007
Last week after tragedy struck Virginia Tech and a gunman took 32 innocent lives, the media portrayed legal businesses as complicit in the murders.
The media coverage quickly turned into a raging debate about gun control, with reporters…
