18 February 2009
Editor, CBS Radio World News Roundup
Dear Editor:
You reported in today's 9 a.m. edition that the Department of Agriculture proposes to have meat processors put country-of-origin labels on their…
Business
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February 18, 2009
President Obama’s nearly $800-billion stimulus package finally passed – including the mini-tax break of $400 per person. That’s about enough money for each taxpayer to go to lunch once a week – but only for fast food. At $7.69 a week, Obama’s “…
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February 18, 2009
New from the Business & Media Institute
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February 18, 2009
Last week, President Obama explained as if talking to the dim-witted that stimulus is synonymous with spending. The fawning media swallowed it whole and regurgitated it as gospel.
While I did not go to Harvard, I do own a dictionary.…
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February 18, 2009
The first big test of Barack Obama's presidency didn't begin on the day he took office. It started on the campaign trail when then-candidate Obama promised to push for a $175-billion stimulus package to boost a flagging economy.
…
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February 17, 2009
In a few short months, the term “stimulus” went from a $175-billion campaign promise to the most-expensive law ever passed by Congress. Nearly $800 billion of special interest funding, healthcare plans and precious little infrastructure made up the…
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February 16, 2009
In case you were unaware, soft drinks may be hazardous to your teeth.
ABC’s Diane Sawyer made that abundantly clear in a report during the Feb. 13 “20/20. The report was the product of two years investigating the poverty and adversity faced…
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February 16, 2009
Instead of praising Wal-Mart for offering less expensive goods to stretched consumers, David Nelson depicted Wal-Mart as a thug on Fox News Channel’s “Cavuto on Business.”
Nelson, DC Nelson Asset Management’s founder, harshly attacked Wal…
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February 16, 2009
So much for the end of the politics of fear, especially when it comes to the hot-button issues of the day.
Former President Bill Clinton appeared in an interview with Ann Curry on NBC’s Feb. 16 “Today.” Curry asked him if the greatest…
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February 13, 2009
Remember how the $789 billion stimulus package and the banking bailout under the direction of Treasury Secretary Tim Geithner were supposed to restore confidence to the economy? Think again.
As the Dow Jones Industrial Average…
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February 13, 2009
Everything is wonderful and peachy-keen in Obamaland if you rely on the reporting on the front page of The New York Times. Just ask CNBC’s Jim Cramer. On his Feb. 12 program the “Mad Money” host dealt with the $789 billion stimulus package.…
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February 12, 2009
Occasionally, the news media provides justice for a wronged industry or company.
That’s what correspondent Mark Strassmann’s story did on the Feb. 11 “CBS Evening News.” He exposed the repercussions of the recent…
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February 12, 2009
Editor, The Wall Street Journal
200 Liberty Street
New York, NY 10281
To the Editor:
Peter Morici asserts that America's trade deficit with China causes "a huge drain on the demand for U.S.-made goods and…
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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…
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February 12, 2009
How could anyone take a principled stand against the $789 billion economic stimulus bill? Any opposition to this massive expansion of the federal government must be sheer political posturing. Or so said Newsweek magazine’s Jonathan Alter.
…
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February 11, 2009
Despite his tax problems, President Barack Obama’s newly minted Treasury secretary, Tim Geithner, was sold to Congress as the one who was going to save the fragile financial system.
However, in what was billed to be a big…
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February 11, 2009
As in the 1930s, green-eyed populists are once again staring resentfully at the pay and lifestyles of corporate executives and demanding change.
Democrats in Congress and the news media have long pushed for pay caps for the very rich.…
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February 11, 2009
President Barack Obama has proclaimed his administration will be more open than the previous administration. However, his counterparts in the House and the Senate aren’t following suit.
The Washington Post has reported that negotiations…
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February 11, 2009
The January 26th issue of “The Wall Street Journal” finally provided some really cheery news about the economy with the joyful headline: “Recession Batters Law Firms, Triggering Layoffs, Closings.”
I’ve long advocated a government…
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