Business

Dan Kennedy | December 3, 2008

     Investment analyst John Rutledge on Nov. 22 offered “Forbes on Fox” the most succinct argument in favor of divided government I’ve heard: if a mugger is chasing you, you hope he’s slow. President Obama, the Pelosians and other Dems in full…

Nathan Burchfiel | December 3, 2008

The network broadcast media have generally ignored or downplayed the role of unions in establishing bad business models for the Big Three U.S. automakers. But NBC’s “Today” show bucked the trend Dec. 3 with an honest report about how union…

Julia A. Seymour | December 3, 2008

     “A trillion here, a trillion there and soon you’re talking about real money.”

 

     That’s New York Times columnist and Nobel Prize winning economist Paul Krugman’s philosophy about…

BMI Staff | December 3, 2008
Networks Darken 'Black Friday' Leading up to the unofficial start of the holiday shopping season, the media billed the day as a barometer for the season. But when sales…
Donald J. Boudreaux, Ph.D. | December 3, 2008

Editor, The Wall Street Journal

200 Liberty Street

New York, NY 10281

To the Editor:

Detroit auto executives persistently plead for Uncle Sam to bail them out – in part from the consequences of regulatory…

Jeff Poor | December 3, 2008

     When Federal Reserve Chairman Ben Bernanke speaks, Wall Street listens – and investors should beware. The Dow Jones Industrial Average (DJIA) has lost nearly 2,300 points on days he has spoken, including three of the worst point losses ever…

Matt Philbin | December 3, 2008

     As a group, broadcast network journalists are incredibly adaptable. When their grim prophecies refuse to fulfill themselves, they persevere and find the clouds in the silver linings.

 

  …

Jeff Poor | December 2, 2008

     It may have been nothing but a publicity stunt, but it didn’t come cheap for Ford Motor Company CEO Alan R. Mulally.

 

     After being embarrassed in front of a congressional…

Donald J. Boudreaux, Ph.D. | December 2, 2008

Editor, USA Today

Dear Editor:

Your editorial headlined “Our view on Black Friday: Is your cashier cranky? Big Brother may be watching” (Nov. 28) caused me to think that government is using private retailers to snoop on…

Paul Detrick | December 2, 2008

     Give the auto companies billions of dollars or Americans will all be lining up for soup.

 

     At least that was the warning from the mayor of Lansing, Mich. “You know this is a sure…

Donald J. Boudreaux, Ph.D. | December 2, 2008

Editor, The New York Times

229 West 43rd St.

New York, NY 10036

To the Editor:

Bob Herbert wants President Obama to "begin addressing on day one the interests of those who are not rich and who have not had the…

Nathan Burchfiel | December 2, 2008

     CNBC “Mad Money” host Jim Cramer said on NBC’s “Today” show Dec. 2 that comparisons between the current economy and the Great Depression are “scare tactics.” Maybe he forgot about his own reliance on the juxtaposition.…

Dan Gainor | December 2, 2008

     When Barack Obama touted his plan to “spread the wealth around,” conservatives worried about the creep of Socialism – or Socialist creeps – coming to Washington. But as millions of zealous Obama worshippers prepare to invade the nation’s…

Donald J. Boudreaux, Ph.D. | December 1, 2008

Editor, The New York Times Book Review

229 West 43rd St.

New York, NY 10036

To the Editor:

Reviewing Malcolm Gladwell's Outliers, David Leonhardt favorably quotes the author: "We look at the young Bill Gates and…

Julia A. Seymour | December 1, 2008

     It’s 2008. More than 80 percent of Americans have cell phones; many others have video game consoles, and the iPod is seemingly ubiquitous.

 

     Yet the news media insist that…

Jeff Poor | December 1, 2008

     A simple, “Oops, we were wrong – things weren’t as bad as we predicted,” would have sufficed. But that would have meant straying from the message that everything is bad with the American economy.

 

BMI Staff | November 26, 2008
Networks Gloss Over Geithners Past, Ignore Criticism Reports on ABC, CBS and NBC have promoted incoming Treasury Secretary Tim Geithner as highly regarded and much-admired, but have…
Dan Kennedy | November 26, 2008

     Have you noticed that the media largely fail to connect the dots between related events?

     In all the reporting on the auto industry’s ills, little is said about the government as the chief cause. Politicians holler at auto…

Dan Gainor | November 26, 2008

     The best defense, the saying goes, is a good offense. In the case of the Big Three automakers, their offense is defense. Chrysler, GM and Ford are pushing for a $25-billion bridge loan by claiming the collapse of their industry would harm…

Nathan Burchfiel | November 26, 2008

     It looks like journalists are adopting the Chris Matthews philosophy of covering the transition into President-elect Barack Obama’s administration: don’t rock the boat.

 

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