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December 28, 2007
Just how good are those so-called experts who appear regularly on the news making stock picks and predictions about the economy? BusinessWeek gave readers the opportunity to see.
Some of the most prominent business and economic media…
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December 27, 2007
It was the day after Christmas and borrowers were the only ones not blamed for credit card debt, by “NBC Nightly News.” Instead, the economy took the bad rep.
NBC senior investigative…
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December 27, 2007
Holiday retail sales were up in 2007 from 2006, but not enough for a media always looking for ways to downplay economic news.
According to MasterCard SpendingPulse, retail sales were up 3.6…
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December 21, 2007
ABC “World News with Charles Gibson” is making a case for socialized medicine one day at a time. This time it targeted one of the newscast’s key demographics – senior citizens.
“Millions of…
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December 21, 2007
The Commerce Department confirmed that gross domestic product grew at a 4.9 percent pace in the third quarter – a four-year high. Instead of hailing the increase, journalists downplayed it and adopted economic gloom as their…
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December 20, 2007
Six years ago, Joe Cameron survived more than two months on life support, racking up a bill of more than $1 million. He paid less than $2,000 out of his pocket, thanks to the health insurance he had through Medicare…
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December 20, 2007
The dictionary definition is of “consensus” is a general agreement or unanimity of opinion. When former Vice President and global warming scare-monger Al Gore says “consensus,” it means a general agreement or unanimity of…
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December 19, 2007
President Bush just signed an epic energy bill that will increase fuel efficiency standards in automobiles, increase biofuel requirements for gasoline, and phase out incandescent light bulbs. Two network newscasts couldn’t…
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December 19, 2007
CNBC stock picker “Mad Money” Jim Cramer played Santa on December 19 “Today” and made it clear that Ben Bernanke is on the naughty list.
“Cramer Claus” was on “Today” to say which economic…
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December 19, 2007
2007 was quite the year for poor economic reporting. Newscasts were loaded with one-sided stories on “going green,” the housing “collapse,” a potential “crash” on Wall Street and even things like sweater and R.V. sales…