Business

Jeff Poor | November 13, 2008

     Call it a case of bad timing. With oil prices down significantly in recent months, the NBC “Nightly News” on Nov. 12 called for the federal government to address high heating oil prices facing the poor this winter.

     “If you’ve…

Donald J. Boudreaux, Ph.D. | November 13, 2008

Editor, The Baltimore Sun

Dear Editor:

Peter Morici alleges that Americans have engaged in "excessive borrowing to finance a huge trade deficit" ("First order of business," Nov. 12). This allegation reflects misunderstanding. First…

Brian Fitzpatrick | November 13, 2008

The liberal media worked overtime against California's marriage amendment, Proposition 8, which the voters passed 52 to 48 percent.   Now they are working to elevate angry gay protesters who are vilifying opponents and targeting churches.…

Matt Philbin | November 12, 2008

     It was a perfect triple-play of anti-free market, pro-regulation and pro-Democrat bias – with some old fashioned class warfare thrown in for good measure.

 

     In a segment of CBS’…

Dan Kennedy | November 12, 2008

     If there is a silver lining in every cloud, then the silver lining in the current economic crises (plural!) and the fast heating up international challenges may be a dampening of the new president’s grand ambitions for wealth confiscation.…

Jeff Poor | November 12, 2008

     Still more than two months from his inauguration, President-elect Barack Obama has started promoting his policies and naming some of his advisers. And according to one historian, he could be developing a plan to permanently block drilling…

BMI Staff | November 12, 2008
Journalists Credit Obama for Stock Gains, Ignore Losses The media rushed to laud President-elect Obama after an Election Day stock…
Jeff Poor | November 12, 2008

     It seems General Electric, the parent company of NBC Universal, has decided to make its “Green Week” a pre-holiday tradition. Another installment of the environmentally-conscious week of programming has been set for Nov.…

Julia A. Seymour | November 12, 2008

     As stocks rose on Election Day 2008, the media were more than happy to credit investors’ excitement over Democratic nominee Sen. Barack Obama’s chance of winning. But when stocks tanked in the days following Obama’s…

Donald J. Boudreaux, Ph.D. | November 12, 2008

Editor, The New York Times

229 West 43rd St.

New York, NY 10036

To the Editor:

One of your front-page headlines today reads "Lobbyists Swarm the Treasury for a Helping of the Bailout Pie" (Nov. 12).

This fact…

Jeff Poor | November 12, 2008

     In many cases, a woman’s individual health insurance policy costs more than a man’s – and that’s just not fair, according to the NBC “Nightly News.”

 

     A Nov. 11 report showed…

Dan Gainor | November 12, 2008

     Fair’s fair, right? Not always – especially in the new America that dawns January 20. That’s when the Obama administration takes over and they have bold plans for making America a fairer place to be.

     The Democratic platform…

Jeff Poor | November 12, 2008

     The taxpayers have already bailed out lenders and insurers, and they’re about to rescue automakers, so why not try to save other industries that have been run into the ground? That was the attitude of ABC’s “…

Jeff Poor | November 12, 2008

     Call it a textbook example of liberal policies pushing toward a socially engineered society.

     The Nov. 11 “CBS Evening News” featured California schools that were forced to ban old-fashioned fundraising bake sales thanks to…

Jeff Poor | November 11, 2008

 

     Cramer, in his Nov. 11 “Stop Trading” segment on CNBC’s “Street Signs,” told host Erin Burnett if General Motors (NYSE:GM) wasn’t bailed out, the U.S. economy would face a “meltdown.”

 

Jeff Poor | November 11, 2008

Politicians and experts who think aggressive government intervention in the U.S. economy is a dangerous path to travel aren’t heard very often in the media. But one of those voices did get a platform on CNBC’s Nov. 11 “Squawk Box.”

 …

Matt Philbin | November 11, 2008

     Just as the government was boosting its assistance to troubled insurance giant AIG, one of the networks ran another story criticizing an executive boondoggle that wasn’t an executive boondoggle.

     On ABC’s “Good Morning America…

Jeff Poor | November 11, 2008

     It’s either socialism or capitalism – don’t try to have it both ways, according CNBC “Fast Money” trader Jeff Macke.

 

     Macke, a regular on CNBC’s afternoon market wrap-up program…

Donald J. Boudreaux, Ph.D. | November 11, 2008

Editor, The Wonk Room

Dear Editor:

Regarding your most recent post boasting the faux-reasonable title "If It Happens, The Auto Industry Bailout Needs To Be Done Right" (Nov. 10): Piffle.

While it's true that some ways of…

Jeff Poor | November 10, 2008

     Economists generally frown upon raising taxes in times of an economic downturn. Historians point to President Herbert Hoover’s Revenue Act of 1932 as an example – “the largest – and most poorly timed – peacetime tax increase in American…