Business

Jeff Poor | October 3, 2008

     It’s almost like yelling, “There’s not a fire” in a crowded theater. It’s enough to get the audience’s attention by startling them, even though the alarm isn’t supported by reality.

     Such is the case with the cover of the new…

Jeff Poor | October 3, 2008

     Fighting obesity with pork may not sound like the path to physical fitness – until you realize it isn’t “the other white meat,” but government spending.

    The “NBC Nightly News” on Oct. 2 praised Republican Oklahoma City Mayor…

Jeff Poor | October 2, 2008

     If the French are embracing your economic proposals – something must be wrong according to one overseas investor.

 

     That was what Hugh Hendry, the Scottish CIO of Eclectica Asset…

Dan Gainor | October 2, 2008

     How do you get nominated for a magazine award? Do something that offends almost everyone and tears down an American icon at the same time. Even better, claim you were just trying to get “attention.”

     That’s certainly the…

Jeff Poor | October 2, 2008

     If it walks like a duck and quacks like a duck, it must be a duck. That must have been CNBC host Melissa Francis’ line of thinking when she described the so-called “tax extenders” included in the U.S. Senate’s bailout bill.

    …

Jeff Poor | October 2, 2008

     Dozens of media reports have compared current economic conditions to the Great Depression. But the Oct. 1 broadcast of “CBS Evening News” didn’t just say there were similarities; it conjured up images of Depression-era…

Jeff Poor | October 1, 2008

     It’s rare, but occasionally a journalist actually questions over-the-top government spending.

 

     NBC chief Washington correspondent Norah O’Donnell took an inquisitive tone in an…

Julia A. Seymour | October 1, 2008

     Speaker of the House Nancy Pelosi blasted free market capitalism (and the GOP) in front of the entire nation on Sept. 29 as the debate raged over a potential $700 billion bailout.

 

   …

BMI Staff | October 1, 2008
Despite Media Mythmaking, Capitalism Didnt Fail Capitalism is taking a beating in the mainstream media these days. Reporters complain that…
Jeff Poor | October 1, 2008

     Americans aren’t all on board for the government stepping in and saving the day with an expensive bailout/rescue bill – and that has some journalists scratching their heads.

 

    …

Dan Gainor | October 1, 2008

     We got a harsh reminder this week that “Dow” can be a shortened form of the word “Down.” Way down. Monday, the Dow dumped 777 points, a near-7-percent drop. The media that had hollered about economic problems when there were none, finally…

Nathan Burchfiel | October 1, 2008

     Academic economists sit alone in their ivory towers, insulated from the world around them and oblivious to reality – at least according to CNBC “Mad Money” host Jim Cramer.

     “One-hundred-and-sixty-six academic economists signed…

Jeff Poor | September 30, 2008

     Do the media sometimes take a different tone with Republicans compared to Democrats? “CBS Evening News” anchor Katie Couric does.

 

     Couric interviewed House Minority Leader John…

Jeff Poor | September 30, 2008

     Since the $700 billion bailout plan went down in the House of Representatives by a 228-205 margin, talking heads and politicos have been looking for ways to circumvent Congress and give the executive branch the authority…

Jeff Poor | September 30, 2008

     The doom and gloom crowd was piling on after a record one-day 777-point drop in the Dow Jones Industrial Average (DJIA).

 

     David Tice, who manages the $1.1 billion Prudent Bear…

Nathan Burchfiel | September 30, 2008

     In their continuing effort to cast the economy as “Wall Street versus Main Street,” many in the media have criticized the proposed $700 billion bailout of financial institutions as rewarding “fat cats” who made bad investments.

Jeff Poor | September 29, 2008

     What does CNBC’s star and “Mad Money” host Jim Cramer think about the 777-point drop? It’s just the beginning.

    Cramer on CNBC’s Sept. 29 “Mad Money” cautioned viewers about the current market. His advice – do nothing because…

Jeff Poor | September 29, 2008

     Politicos and talking heads in the financial media backing the bailout of the financial services industry argue that the government stands to make money on the rescue plan proposed by Treasury Secretary Henry Paulson. But according to a new…

Jeff Poor | September 29, 2008

     One-third of Americans think it is time to whip up some shoe leather soup and hum “Brother Can You Spare a Dime?,” according to the Sept. 29 USA Today.

     According to a front-page Business section article headlined “Americans…

Lauren O'Reilly | September 29, 2008

     Financial experts Peter Schiff and Stephen Leeb faced off on “Your $$$$$,” presenting opposing viewpoints about the looming bailout. Schiff attacked the bailout and “irresponsible monetary policy” while Leeb defended it…