The search for a villain in the story of rising gas prices has become a daily pursuit for journalists and politicians seeking the spotlight. The latest party to be indicted are so-called “market manipulators” who trade oil as a commodity…
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When actual economic indicators – unemployment, jobs creation and gross domestic product, for example – aren’t meshing with the media theme of an economy in turmoil, leave it to journalists to create unconventional indicators. That’s just…
America's freedom of religion and speech are about to come under attack throughout the nation, but the major news media apparently don't grasp the significance of the California Supreme Court's decision mandating same-sex marriage in the Golden…
Credit card companies are out to get you – even if you don’t have a credit card, according to the May 29 ABC “Good Morning America.”
“You’ve heard of a no-win situation when…
CNN “American Morning” took the global warming agenda to a new level in a May 29 segment. Rather than just warning of the bad things that could happen from this so-called phenomenon, the morning show had a segment…
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The year was 1929. The decade of the '20s was ending - not with a roar, but with a whimper. Years of a sky-high stock market and speculative buying were coming to a close. The Dow Jones had peaked on Sept. 3 at 381.…
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The economy consumes the nightly newscasts. Broadcast networks report that America's finances are 'like a house of cards.' ABC, CBS and NBC even hyped similarities to the Great Depression more than 40 times in the first…
The Washington Post apparently ran out of space on page 2A May 28, because its global warming scare story didn’t have room for any view other than climate change as a manmade catastrophe.
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Although there have been some signs of a settling housing market, as new home sales rose an unexpected 3.3 percent in April from March, actual home prices fell 14 percent in the first quarter of 2008, causing a network…
Despite including a high gas price prediction, ABC “World News with Charles Gibson” provided much-needed context to rising gas prices in its May 27 broadcast. The report acknowledged the supply and demand factors currently driving up the…
As unemployment remains low, the economy continues to avoid recession, and the housing market shows signs of beginning to rebound, NBC portrayed “average” Americans on the brink of starvation.
NBC investigative correspondent…
One look at statistics – from GDP growth to the unemployment rate – and it’s obvious this isn’t the worst economic time in U.S. history. But it might be the worst journalistically. The major media give us only two degrees of economic news…
The slowed economy is being blamed for a lot of things, and now the NBC “Nightly News” says it is hurting the children because of funding problems in California public schools.
“In today’s tough financial times, nearly all of…
There’s bad news and then there’s CNN’s “American Morning.” The May 23 broadcast warned of a “tipping point” for the economy, and anchor John Roberts asked an economist whether we were facing the “the D-word,” meaning depression.
…Everyone is looking for someone to blame for higher gas prices, but one of the favorite media targets has been oil companies that dare to turn a profit.
Anthony Mason, on CBS’s May 22 “Early Show,” led off with senators on the…
When it’s time to blame someone for “the super-sizing of American children,” The Washington Post looks to companies that market “temptations of young consumers.” Never mind how those “temptations” make it from the TV screen into the little…
Sports are risky, sometimes leading to lasting injuries. In one case covered by the May 18 “CBS Evening News,” parents blamed aluminum bat manufacturers for their son’s injury.
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Despite the current economic situation still not meeting the technical definition of recession (two quarters of negative economic growth) BusinessWeek just launched a blog that assumes otherwise.
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It may be the mother of all doom and gloom gas price predictions: $12 for a gallon of gas is “inevitable.”
Robert Hirsch, Management Information Services Senior Energy Advisor…